Nifty 50 closed at 15,729.00 (49, 0.3%) , BSE Sensex closed at 52,484.67 (166.1, 0.3%) while the broader Nifty 500 closed at 13,499.90 (45.8, 0.3%)
Market breadth is in the green. Of the 1,746 stocks traded today, 1,040 were on the uptrend, and 673 went down.
Suzlon Energy, Gillette India, EPL, Procter & Gamble Health and Prism Johnson are trading with higher delivery volumes compared to Thursday.
Aurobindo Pharma trades higher after the company announces transfer of its generic injectables and ophthalmics manufacturing unit to Eugia Pharma Specialities, a wholly-owned subsidiary of the company for Rs 876 crore in order to improve its operational efficiency.
ICICI Direct maintains a 'Buy' rating on Vinati Organics with a 19% target price upside expecting the company's acrylamide sulfonic acid orders to grow in FY22 due to rising oil prices.
Affle (India) hits the upper circuit after the company announces the acquisition of Jampp, a global mobile marketing company for Rs 301.4 crore.
Maruti Suzuki India's total wholesales rise 2.6X YoY to 1.47 lakh units in June 2021. Domestic wholesales rise 2.5X to 1.3 lakh units and exports rise 4X to 17,020 units in the month. In the domestic market, passenger vehicle wholesales grew 2.4X YoY to 1.24 lakh and commercial vehicle wholesales grew 86.7% YoY to 1,916 units.
Route Mobile hits a new 52-week high after the company acquires Sendclean, an artificial intelligence-driven email communication platform from Sarv Webs for Rs 30 crore.
TVS Motor Company's total two-wheeler wholesales rise 24.6% YoY to 2.4 lakh units in June 2021. Exports double to 1.06 lakh units, and domestic wholesales remain flat at 1.4 lakh units in the month. Total three-wheeler wholesales rise 89% to 13,792 units in the month.
State-ownerd iron ore produce NMDC reports a 34% increase YoY in iron ore output to 8.9 million tonnes (MT) in Q1FY22, with sales up 49% to 9.6 MT.
Realty company Puravankara's total property sales in FY21 grew by 23% YoY to Rs 2,202 crore led by residential property sales.
Route Mobile, IOL Chemicals and Pharmaceuticals, Indoco Remedies and Vinati Organics are trading in the green with more than seven times their average weekly trading volume.
Tata Motors' domestic wholesales more than doubles YoY to 43,704 units in June 2021. In the domestic market, both passenger vehicle (PV) and commercial vehicle (CV) wholesales grew 2X YoY to 24,110 and 19,594 units respectively. CV exports rose 3X YoY to 2,506 units.
Coal India's coal offtake rises 33% YoY to 160.4 million tonnes (MT) in Q1FY22. The mining company supplied 126.3 MT of coal to the power sector in Q1FY22, up by 34% YoY.
Eicher Motors' Royal Enfield's total wholesales rise 13% YoY to 43,048 units in June 2021. Exports rise 4.6X YoY to 7,233 units, while domestic wholesales fall 2% YoY to 35,815 units in the month.
Construction engineering company NCC wins five orders worth a total of Rs 2,150 crore in June 2021. These orders are in field of water treatment plants, and mining.
Hero MotoCorp's total two-wheeler wholesales rise 3.8% YoY to 4.7 lakh units in June 2021. Exports rise 45.3% YoY to 30,646 units, and domestic wholesales rise 1.8% YoY to 4.4 lakh units in the month.
Nifty 50 was trading at 15,674.15 (-5.9, -0.0%) , BSE Sensex was trading at 52,263.34 (-55.3, -0.1%) while the broader Nifty 500 was trading at 13,462.25 (8.2, 0.1%)
Market breadth is ticking up strongly. Of the 1,671 stocks traded today, 1,149 were on the uptick, and 483 were down.
Riding High:
Largecap and midcap gainers today include Relaxo Footwears Ltd. (1,204.00, 5.70%), Trent Ltd. (902.00, 5.14%) and Hindustan Aeronautics Ltd. (1,065.20, 5.08%).
Downers:
Largecap and midcap losers today include Adani Green Energy Ltd. (1,008.70, -5.61%), Adani Total Gas Ltd. (920.40, -5.01%) and Adani Transmission Ltd. (959.40, -4.68%).
Volume Shockers
41 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Route Mobile Ltd. (2,112.20, 19.32%), Indoco Remedies Ltd. (474.35, 13.33%) and J B Chemicals & Pharmaceuticals Ltd. (1,869.90, 10.65%).
Top high volume losers on BSE were Mas Financial Services Ltd. (840.50, -2.94%), Quess Corp Ltd. (806.50, -1.65%) and SIS Ltd. (428.20, -0.48%).
Vinati Organics Ltd. (2,040.00, 9.54%) was trading at 15.9 times of weekly average. IOL Chemicals and Pharmaceuticals Ltd. (648.80, 6.95%) and Tata Chemicals Ltd. (767.50, 6.15%) were trading with volumes 13.6 and 9.4 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
38 stocks hit their 52 week highs,
Stocks touching their year highs included - Apollo Hospitals Enterprise Ltd. (3,730.00, 1.40%), Astral Ltd. (2,046.35, 1.09%) and Atul Ltd. (9,350.00, 4.44%).
6 stocks climbed above their 200 day SMA including Affle (India) Ltd. (4,419.00, 5.01%) and Aarti Drugs Ltd. (729.65, 3.52%). 3 stocks slipped below their 200 SMA including Adani Green Energy Ltd. (1,008.70, -5.61%) and Vodafone Idea Ltd. (8.80, -2.76%).