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Stock Market LIVE: Sensex, Nifty flat; PSB, pharma, metal stocks face heavy selling; SMIDs slip
12:10 PM
Stock Market LIVE Updates: Eicher Motors shares rise after company posts June sales figures; Details
Stock Market LIVE Updates: Eicher Motors known for its brand of Royal Enfield motorcycles, shares rose 1.6 per cent in trade on Tuesday, logging an intraday high at ₹5,742 per share on BSE. At 11:41 AM, Eicher Motors share price was trading 1.36 per cent higher at ₹5,731.35 per share on the BSE.
The two-wheeler company in June posted a 22 per cent year-on-year (Y-o-Y) rise in overall sales to 89,540 units as compared to 73,141 units sold in June 2024. The company sold 76,680 units of models with engine capacity up to 350cc in June 2025 as compared to 61,465 units a year ago. READ MORE
12:00 PM
Stock Market LIVE Updates: 12 PM Update- Sensex, Nifty muted amid broad-based selling
Stock Market LIVE Updates: In the midday deals, BSE Sensex was at 83,652.77, up 46.31 points or 0.06 per cent and NSE Nifty50 was at 25,517.40, up 0.35 points.
Among the sectoral indices, expect oil & gas, all traded in red.
11:39 AM
Stock Market LIVE Updates: In an exchange filing, Eicher Motors revealed that its total sales for June increased 22 per cent year-on-year (Y-o-Y).
11:20 AM
Stock Market LIVE Updates: M&M's auto sales volumes for June rises 14%
Stock Market LIVE Updates: Mahindra & Mahindra in its June business update said that its overall auto sales for the month of June 2025 stood at 78,969 vehicles, a growth of 14 per cent, including exports. In the Utility Vehicles segment, Mahindra sold 47,306 vehicles in the domestic market, a growth of 18 per cent and overall, 48,329 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 20,575.
11:10 AM
Stock Market LIVE Updates: This smallcap media company's stock zoomed 15% in trade
Stock Market LIVE Updates: Prime Focus shares zoomed 15.2 per cent in trade on Tuesday, logging an intraday high at ₹160 per share on BSE. At 9:36 AM, Prime Focus share price was trading 8.03 per cent higher at ₹150 per share on the BSE. In comparison, the BSE Sensex was down 0.24 per cent at 83,807.06. The company's market capitalisation stood at ₹4,649.05 crore. Its 52-week high was at ₹164.9 per share and 52-week low was at ₹85 per share.
In one year, Prime Focus shares have gained 4 per cent as compared to Sensex's rise of 5 per cent. READ MORE
11:02 AM
Stock Market LIVE Updates: 11 AM Update- Sensex, Nifty flat; SMIDs slip further
Stock Market LIVE Updates: At 11 AM, BSE Sensex was at 83,670.15, up 63.69 points or 0.08 per cent and NSE Nifty50 was up 6 points or 0.02 per cent at 25,524.95.
On the broader markets front, Nifty Midcap and Smallcap were down 0.42 per cent and 0.33 per cent respectively.
10:38 AM
10:33 AM
Stock Market LIVE Updates: VST Tillers share price sees sharp swing post June auto sales update
Stock Market LIVE Updates: VST Tillers shares jumped 8.1 per cent from the day's low of Rs 3,659.4 per share, to hit an intraday high of Rs 3,957.25 per share. The sudden spike in VST Tillers share price came after the company reported a robust growth in June 2025 sales update.
VST Tillers sold 7,149 units in the previous month, higher from 3,710 units sold in June 2024.
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India Today
38 minutes ago
- India Today
Stock market opening: Sensex, Nifty to rally over US-India trade deal?
Stock markets are expected to open higher on Wednesday, July 2, following comments from U.S. President Donald Trump suggesting that a trade deal between India and the United States could be remarks have brought fresh optimism to investors and raised hopes that India could avoid a hike in tariffs set to take effect to the positive sentiment, U.S. Treasury Secretary Scott Bessent also said that both countries are making progress toward an agreement that could help India sidestep sharp tariff increases. The potential deal is being closely watched ahead of Trump's July 9 deadline to impose higher Nifty futures, which are seen as an early indicator for Indian market openings, traded at 25,686.50 points at 8:24 am. This suggests that the Nifty 50 index could open higher than its previous closing level of 25, and the Sensex had remained mostly flat in the last two sessions, taking a pause after their recent upward run. However, the latest news from the U.S. has brought fresh hopes that markets may regain on the expected trend, VLA Ambala, Sebi Registered Research Analyst and Co-Founder of Stock Market Today, said that the upcoming trade agreement is likely to impact selected sectors more than the broader market. According to Ambala, sectors like agriculture, auto, gems and jewellery, textiles, electronics, pharmaceuticals, energy, renewable energy and electric vehicles, and handicrafts could see the biggest added that the Nifty index currently has support at 25,460, while 25,630 acts as the resistance level. A clear move beyond this range could trigger a further shift of 1% to 2%. She expects the index to find support in the 25,300 to 25,460 range and face resistance around 25,630 to 25,850 in the next trading broader Asian markets showed a mixed trend. The MSCI Asia ex-Japan index slipped by 0.2%, indicating some caution in the region. Investors remained watchful of global cues and upcoming economic the United States, stock markets showed mixed movement on Tuesday. Treasury yields went up as investors reviewed weak manufacturing and jobs data. At the same time, comments from U.S. Federal Reserve Chair Jerome Powell kept investors cautious. Powell said that the central bank would wait to see how tariffs impact inflation before deciding to cut interest The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- EndsMust Watch


Mint
41 minutes ago
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 2 July 2025
Stocks to buy under ₹ 100: Without any big trigger, the Indian stock market remained rangebound throughout the Tuesday session. The Nifty 50 index ended 24 points higher at 25,541, the BSE Sensex finished 90 points higher at 83,697, while the Bank Nifty index gained 146 points and closed at 57,459. Leading the charge among the top performers on the Nifty were Apollo Hospital, BEL, and Reliance, showcasing individual stock strength. Conversely, Nestle, Axis Bank, and Shriram Finance ended the session as major losers. Trading volumes on the NSE cash market were down by 7% compared to yesterday, indicating moderate activity. After their sharp rally over the last seven days, both the Midcap and the Smallcap Indices entered a phase of consolidation in a narrow range. The Nifty Midcap 100 gained a marginal 0.01%, while the Nifty Smallcap 100 registered a slight dip of 0.10%. Despite this, market breadth remained positive for the sixth consecutive day, with advancing stocks outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.04. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index witnessed a very narrow rangebound session hovering near the 25,500 to 25,550 zone with consolidation happening, maintaining the bias positive and anticipating a further rise in the coming days. We maintain our stance for the index, having the near-term support positioned near the 25,250 to 25,300 zone. On the upside, the scope for higher targets of 25, 700, and 26200 levels is achievable, with the undertone maintained strong." "The Bank Nifty index overall had a sluggish session with some positive moves witnessed in the second half among the financial counters, anticipating a further upward move once a decisive breach above the 57600 zone is confirmed. The index has sustained near the peak zone with bias maintained strong, having the important support near the 56,000 zone, which needs to be sustained, and, on the upside, with the bias improving, can expect fresh targets of 58,500 and 60,000 levels in the coming days," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment — recommended four intraday stocks for today under ₹ 100: Filatex India, IOB, Paisalo Digital, and Paramount Communications. 1] Filatex India: Buy at ₹ 57, Target ₹ 68, Stop Loss ₹ 55; and 2] IOB: Buy at ₹ 40, Target ₹ 45, Stop Loss ₹ 38. 3] Paisalo Digital: Buy at ₹ 31.40, Targets ₹ 33.30, ₹ 34.20, Stop Loss ₹ 30.20. 4] Paramount Communications: Buy at ₹ 57.50, Target ₹ 62.50, Stop Loss ₹ 56. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Mint
an hour ago
- Mint
A composite index of financial conditions run by RBI is a promising idea
The Reserve Bank of India's (RBI) latest Financial Stability Report presents an upbeat view of the country's financial system. Banks and non-bank financial companies are in good shape, says the report, adding that financial conditions have eased, supported by an accommodative monetary policy. The trouble, however, is that 'financial conditions' are notoriously hard to assess. This is no surprise, since they are the outcome of a complex mix of factors. Also Read: Mint Quick Edit | Financial stability must deliver service efficiency At the same time, they have an enormous bearing on the overall health of the system and hence on financial stability. This is where a 'financial conditions index' (FCI) of the type proposed in RBI's monthly bulletin for June could help. The primary goal, according to the paper's authors, is to 'construct a composite indicator that tracks overall conditions in financial markets at a high frequency." The central bank takes care to preface its bulletins with the caveat that the views expressed therein are only those of the authors and not of RBI, so these are early days yet. But given the complexity of framing monetary policy in an uncertain world, especially since RBI's tools act with variably long lags, an official FCI could see the light of day sometime in the not-too-distant future. Also Read: Mint Quick Edit | External front stability: Good news, but not entirely The proposed index would use 20 financial market indicators representing five segments: the markets for money, government securities (G-Secs), corporate bonds, foreign exchange and equity. The rationale for zeroing in on these five is sound. The money market, for instance, helps us gauge 'financial market conditions" as it is the 'fulcrum of monetary policy operations." Most central banks operationalize monetary policy via the overnight money market. Hence, RBI policy's operating target is the weighted average call rate (at which banks lend one another money for very short spans). But it is not its level as much as its deviation from RBI's repo rate that reflects how tight or easy conditions in this market are. So, the spread over the repo rate is taken as an indicator. Likewise, the case for including indicators from the four other markets in the FCI has been well argued, although the equity market may be better represented by a broader index like the 50-share Nifty instead of the 30-share Sensex. But then, these details can always be fine-tuned in the light of experience. A somewhat surprising omission is that of the economy's growth rate as one of the indicators. True, good financial conditions favour faster economic expansion as an outcome. But all five broad indicators under consideration are also a function of the underlying state of the economy in various ways, so GDP growth is a valid input for such an index. Also Read: Mint Quick Edit | India's economy: The case for cautious optimism That an FCI will serve as a useful tracker of financial market conditions—and stability—is undeniable, but two caveats must be borne in mind before it begins to assume any policy relevance. First, even the best of tools is just a tool. It can supplement but never supplant human judgement and discretion. As former RBI governor Y.V. Reddy was fond of saying, 'Monetary policy is an art, not a science." Second, the past can only be a guide; it cannot foretell the future. Critically, correlation is not causation. One should never be confused for the other. Two variables can move without one causing the other to. As long as these two stipulations are met, FCI readings could conceivably come to play a role in the formulation of RBI policy. Test runs could give policymakers much to chew on.