We are currently facing an issue in receiving the NSE feed. Hence the stock prices are not updated. We are working on fixing this at the earliest. We regret the inconvenience caused.

Sensex Ends 67 Points Lower; Shree Cement and UPL Among Top Nifty Losers

Wed, 30 Jun Closing

   Previous Close   

   Pre-Open   

   09:30 am   

   12:30 pm   

   Closing   

Indian share markets witnessed volatile trading activity throughout the day today and ended lower.

Benchmark indices erased early gains and ended the day on a negative note after witnessing selling pressure in afternoon deals, dragged by power stocks.

At the closing bell, the BSE Sensex stood lower by 67 points (down 0.1%).

Meanwhile, the NSE Nifty closed lower by 27 points (down 0.2%).

Coal India and Divis Laboratories were among the top gainers today.

Shree Cement and UPL, on the other hand, were among the top losers today.

The SGX Nifty was trading at 15,746, down by 42 points, at the time of writing.

The BSE Mid Cap index ended on flat note, while the BSE Small Cap index ended up by 0.6%.

Sectoral indices ended on a mixed note with stocks in the power sector, finance sector and banking sector witnessing most of the selling pressure.

IT and energy stocks, on the other hand, witnessed buying interest.

Shares of Infosys and Tata Elxsi hit their respective 52-week highs today.

Asian stock markets ended on a mixed note today.

The Hang Seng ended down by 0.6%, while the Shanghai Composite ended the day up by 0.5%.

The Nikkei ended the day on a flat note.

US stock futures are trading on a negative note today with the Dow Futures trading down by 65 points.

The rupee is trading at 74.32 against the US$.

Gold prices for the latest contract on MCX are trading on a flat note today at Rs 46,540 per 10 grams.

Speaking of the stock markets, India's #1 trader, Vijay Bhambwani shares why he has turned cautious on the market, in his latest video for Fast Profits Daily.

Tune in to the video below to find out more:

In news from the packaging sector, Uflex was among the top buzzing stocks today.

Shares of Uflex hit a fresh lifetime high after they zoomed 20% to Rs 572.9 on the BSE today on the back of a robust March quarter result.

India's largest multinational flexible packaging company and a global player in polymer sciences posted 163% year on year (YoY) jump in its consolidated net profit at Rs 2.6 bn supported by healthy operational performance.

Consolidated revenue also grew 45% YoY at Rs 25.7 while consolidated earnings before interest, taxes, depreciation, and amortisation (EBITDA) jumped 87% YoY to Rs 5.2 bn and margins improved to 20.1% from 15.6% in the same quarter last year.

In a statement the company said,

• We witnessed a rise in demand for packaging materials and ancillary businesses while also adding newer clients.
  
  The company's total production volume up by 33.7% YoY in quarter four at 1.3 lakh metric tonnes (MT) whereas total sales volume for the quarter clocked in at 1.4 lakh MT, an increase of 43.5% YoY.

That apart, taking into consideration the growing demand of the company's products (aseptic packaging), Uflex has announced capital expenditure (capex) of Rs 1.2 bn for printing line and some associated equipment.

The board of directors has recommended a dividend of Rs 2.5 per share that is 25% of face value of Rs 10 per share for the financial year ended March 2021.

Uflex share price ended the day up by 19.3% on the BSE.

Moving on to news from the pharma sector...

Cipla Gets DCGI Nod to Import Moderna's Covid Vaccine

Cipla share price hit a new record high of Rs 997.2 apiece on the BSE today after the Drugs Controller General of India (DCGI) approved the firm to import Moderna, a Covid-19 vaccine, with emergency use authorisation in India.

Moderna's vaccine will be the fourth Covid-19 jab to be available in India after Covishield, Covaxin and Sputnik.

'New drug permission has been granted to Moderna, the first internationally developed vaccine. This new drug permission is for restricted use,' Dr VK Paul, Member-Health, Niti Aayog said.

In a separate BSE filing, Cipla along with Dr Reddy's Laboratories, Sun Pharma, Emcure Pharma and Torrent Pharma announced that the five companies will collaborate for the clinical trial of the investigational oral antiviral drug Molnupiravir for the treatment of mild Covid-19 in an outpatient setting in India.

The stock has gained over 4% in the last four days.

Cipla share price ended the day down by 0.7% on the BSE.

Speaking of the stock markets, a right investing process can help you win in the long term. It might offer some unexpected and undesirable results in the short term but lets you fare well when you average the outcomes.

According to Richa Agarwal, Senior Research Analyst at Equitymaster, any investment process should not be judged based on individual outcomes. Instead, it should have stood the test of the time.

Her smallcap service Hidden Treasure has had its fair share of failures. But sticking to a disciplined process meant that Hidden Treasure's internal rate of return (IRR) increased to 24.38% since inception. This compares favorably to the IRRs of 9.6% for the Sensex, and 8.8% for the smallcap index in the same period (February 2008 - June 2020) as can be seen in the chart below.

The service's performance did suffer in the short term after the 2018 crash in smallcaps. However, the long term track record and the post Covid rebound underscores the strength of stock picking process.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers