Stock Market Updates: Buying in the market amid better global signals, today’s top 5 shares on which investors will be eyeing
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The Sensex is trading at 65,767.49 with a gain of 149.65 points or 0.23 percent and the Nifty is trading at 19,489.60 with a gain of 50.20 points or 0.26 percent. Buying is seen in most of the sectors in today’s trade
Amid better global signals, buying is being seen in the domestic stock market. In today’s trade, both the Sensex and Nifty indices have gained strength. The Sensex is trading at 65,767.49 with a gain of 149.65 points or 0.23 percent and the Nifty is trading at 19,489.60 with a gain of 50.20 points or 0.26 percent. In today’s business, buying is being seen in most of the sectors. Auto and Pharma index are visible in red mark on Nifty. While Bank, Financial, Metal, Realty, IT and FMCG index are in green mark. The shares of ONGC, COALINDIA, RELIANCE, TITAN, KOTAKBANK are in green color i.e. in growth, while the shares of INDUSINDBK, HEROMOTOCO, ULTRACEMCO, HCLTECH, M&M are seen in red color i.e. weak. Today i.e. 12 July 2023, some shares are ready to show action in a volatile market. These stocks can remain in focus in the market today. If you are looking for better stocks in intraday then you can keep an eye on these.
Bajaj Auto
Two-wheeler maker Bajaj Auto will tie up with different universities and engineering colleges to set up training centres. The company said that at these centers, students will be able to take practical experience to enhance their skills. Advance skill training will be given to the students who have graduated in engineering under degree and diploma programs at the training centers.
TCS
Today, on July 12, some companies are going to release their quarterly results. These include veteran IT company Tata Consultancy Services. At the same time, the quarterly results of 5paisa Capital, Anand Rathi Wealth, Steel Strips Wheels, Artson Engineering, Hathway Bhawani Cabletel & Datacom and Sanathnagar Enterprises will also come today.
Lupine
The pharma major has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (USFDA) for its Pithampur Unit-2 manufacturing facility, which manufactures Oral Solids and Ophthalmic Dosage. The EIR was issued after the final inspection of the facility conducted from March 21 to March 29, 2023. USFDA has determined that the facility’s inspection classification Voluntary Action is Indicated.
Suzlon Energy
Renewable energy solutions provider Suzlon Group has bagged a 47.6 MW wind power project order from KP Group in Gujarat. However, the company has not disclosed the value of the deal. The project is located at Wagra in Bharuch district. The company said in the statement that the project is expected to be commissioned in 2024. A project of this size could light up 36,000 homes and reduce carbon emissions by 1.42 lakh tonnes annually.
HCL Tech
According to analysts, the IT firm will report a slower sequential revenue growth for the June quarter (Q1FY24) due to continued weak global demand and weakness in the company’s engineering and R&D (ER&D) business.
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