The market witnessed a very volatile movement in the range of 15740-15840. Trading above 15800 is positive from a short-term perspective. If the market closes below 15800, the market expects a correction till the level of 15650.
The technical indicator suggests, a volatile movement in the market in the range of 15650-15900. As such the traders are advised to refrain from building a fresh buying position until further decisive movement is seen in the market.
JUNE 30, 2021 / 03:20 PM IST
Tech Mahindra announces partnership with TAC Security
Tech Mahindra announced partnership with TAC Security to enable next-generation enterprise security for customers globally. The partnership will leverage artificial intelligence and user-friendly analytics to help measure, prioritize, and mitigate vulnerabilities across the entire IT stack.
Tech Mahindra was quoting at Rs 1,093.85, up Rs 5.30, or 0.49 percent on the BSE.
JUNE 30, 2021 / 03:16 PM IST
Vindhya Telelink share price hits 52-week high
Vindhya Telelink touched a 52-week high of Rs 1,420, rising over 15 percent on June 30 after the company reported improved numbers for the quarter ended March 2021.
The company reported a sharp jump in consolidated profit at Rs 116.04 crore in Q4 FY21 against Rs 38.26 crore in Q4 FY20.
Its revenue jumped to Rs 556.56 crore from Rs 459.08 crore YoY.
JUNE 30, 2021 / 03:11 PM IST
FMCG, Private Banks, Pharma Underperform Nifty In H1CY21, Top Analysts Chart The Road Ahead
As of June 29, Nifty FMCG, private bank and financial services were up 6 percent, 7 percent, and 9 percent, respectively, against the Nifty gaining 13 percent this year.
JUNE 30, 2021 / 03:07 PM IST
Abhishek Bansal, Founder Chairman, Abans Group
Gold prices traded negative as the dollar index found safe-haven support from growing concern that more countries will need to re-impose pandemic lockdowns as the dangerous Delta Covid-19 variant spreads throughout the world.
Gold is currently trading near $1759 which is sharply lower than the recent high of $1919.20 registered on June 1st. Meanwhile, the US dollar index currently trading above 92.0 which is sharply higher from the recent low of 89.53 registered on May 25th.
Gold prices are likely to continue a negative trend while below the key resistance level of $1793-$1803 while an immediate support level could be seen near $1735-$1720.
JUNE 30, 2021 / 03:02 PM IST
Market at 3 PM
Benchmark indices erased all the intraday gains and trading flat dragged by the financial names.
The Sensex was up 1.70 points or 0.00% at 52551.36, and the Nifty was down 7.30 points or 0.05% at 15741.20. About 1574 shares have advanced, 1371 shares declined, and 96 shares are unchanged.
JUNE 30, 2021 / 02:52 PM IST
Nifty Bank index shed 0.5 percent dragged by the IDFC First Bank, AU Small Finance Bank, PNB
JUNE 30, 2021 / 02:47 PM IST
Rupee Updates
:
Indian rupee is trading near the day's low level at 74.40 per dollar, amid volatility seen in the domestic equity market.
It opened flat at 74.22 per dollar against previous close of 74.23.
JUNE 30, 2021 / 02:37 PM IST
Tata Motors bags order from Indian Oil:
Tata Motors on Wednesday said it has bagged an order for 15 hydrogen-based fuel cell buses from the Indian Oil Corporation Limited (IOCL). The auto major noted that IOCL had invited bids for supply of the hydrogen-based proton exchange membrane (PEM) fuel cell buses in December 2020. All 15 buses will be delivered within 144 weeks from the date of signing of the memorandum of understanding (MOU), it added.
The technical indicator suggests, a volatile movement in the market in the range of 15650-15900. As such the traders are advised to refrain from building a fresh buying position until further decisive movement is seen in the market.
JUNE 30, 2021 / 03:20 PM IST
Tech Mahindra announces partnership with TAC Security
Tech Mahindra announced partnership with TAC Security to enable next-generation enterprise security for customers globally. The partnership will leverage artificial intelligence and user-friendly analytics to help measure, prioritize, and mitigate vulnerabilities across the entire IT stack.
Tech Mahindra was quoting at Rs 1,093.85, up Rs 5.30, or 0.49 percent on the BSE.
JUNE 30, 2021 / 03:16 PM IST
Vindhya Telelink share price hits 52-week high
Vindhya Telelink touched a 52-week high of Rs 1,420, rising over 15 percent on June 30 after the company reported improved numbers for the quarter ended March 2021.
The company reported a sharp jump in consolidated profit at Rs 116.04 crore in Q4 FY21 against Rs 38.26 crore in Q4 FY20.
Its revenue jumped to Rs 556.56 crore from Rs 459.08 crore YoY.
JUNE 30, 2021 / 03:11 PM IST
FMCG, Private Banks, Pharma Underperform Nifty In H1CY21, Top Analysts Chart The Road Ahead
As of June 29, Nifty FMCG, private bank and financial services were up 6 percent, 7 percent, and 9 percent, respectively, against the Nifty gaining 13 percent this year.
JUNE 30, 2021 / 03:07 PM IST
Abhishek Bansal, Founder Chairman, Abans Group
Gold prices traded negative as the dollar index found safe-haven support from growing concern that more countries will need to re-impose pandemic lockdowns as the dangerous Delta Covid-19 variant spreads throughout the world.
Gold is currently trading near $1759 which is sharply lower than the recent high of $1919.20 registered on June 1st. Meanwhile, the US dollar index currently trading above 92.0 which is sharply higher from the recent low of 89.53 registered on May 25th.
Gold prices are likely to continue a negative trend while below the key resistance level of $1793-$1803 while an immediate support level could be seen near $1735-$1720.
JUNE 30, 2021 / 03:02 PM IST
Market at 3 PM
Benchmark indices erased all the intraday gains and trading flat dragged by the financial names.
The Sensex was up 1.70 points or 0.00% at 52551.36, and the Nifty was down 7.30 points or 0.05% at 15741.20. About 1574 shares have advanced, 1371 shares declined, and 96 shares are unchanged.
JUNE 30, 2021 / 02:52 PM IST
Nifty Bank index shed 0.5 percent dragged by the IDFC First Bank, AU Small Finance Bank, PNB
JUNE 30, 2021 / 02:47 PM IST
Rupee Updates
:
Indian rupee is trading near the day's low level at 74.40 per dollar, amid volatility seen in the domestic equity market.
It opened flat at 74.22 per dollar against previous close of 74.23.
JUNE 30, 2021 / 02:37 PM IST
Tata Motors bags order from Indian Oil:
Tata Motors on Wednesday said it has bagged an order for 15 hydrogen-based fuel cell buses from the Indian Oil Corporation Limited (IOCL). The auto major noted that IOCL had invited bids for supply of the hydrogen-based proton exchange membrane (PEM) fuel cell buses in December 2020. All 15 buses will be delivered within 144 weeks from the date of signing of the memorandum of understanding (MOU), it added.
