Stock Market Updates: Stock continues to rise, market opens strongly, today’s top 5 shares on which investors will be eyeing

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The Sensex is trading at 65,878.76 with a gain of 319.87 points or 0.49 percent and the Nifty is trading at 19,495.05 with a gain of 82.05 points or 0.42 percent.

A rally is being seen in the domestic stock market amid better global cues. In today’s trade, both the Sensex and Nifty indices have strengthened. The Sensex is trading at 65,878.76 with a gain of 319.87 points or 0.49 percent and the Nifty is trading at 19,495.05 with a gain of 82.05 points or 0.42 percent. In today’s business, purchases are being seen in almost every sector. Media and healthcare stocks are in red mark on Nifty while most of the indices including bank, financial, auto, IT, metal, pharma and realty are showing green mark. The shares of HCLTECH, LTIM, HINDALCO, INFY, TECHM are in green color i.e. in growth, while the shares of POWERGRID, APOLLOHOSP, HDFCLIFE, NTPC, DRREDDY are seen in red color i.e. weak. Today i.e. 14 July 2023, some stocks 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.

Patanjali Foods

Patanjali Ayurveda’s offer to sell shares of Patanjali Foods got a good response. The portion set aside for non-retail investors was subscribed more than twice. Also, Patanjali Foods decided not to exercise the greenshoe option in its OFS and sold only 25.3 million shares or 7 per cent.

Federal Bank

Federal Bank reported its fiscal first quarter profit for FY14 at Rs 880.12 crore, up 38.8 per cent from Rs 634.22 crore during the corresponding quarter of the previous fiscal. From the point of view of analysts, the results of Federal Bank have come much better.

Rail Vikas Nigam

Rail Vikas Nigam received Letter of Award from National Highways Authority of India for Rehabilitation and Updation of 4 to 8 lanes of Chandikhol-Paradip section of NH-53 in the state of Odisha. The total cost for this project is Rs 808.5 crore.

CSB Bank

FII Owners Administration Corporation sold its entire stake in CSB Bank through an open market transaction on 13 July. 20.89 lakh shares were sold at Rs 295.02 per share, while 15 lakh shares were sold at Rs 295 per share.

wipro

The IT services company posted a net profit of Rs 2,870 crore in Q1FY24, up nearly 12 per cent from a year ago. But quarter-on-quarter (QoQ) is 6.6 per cent lower. Wipro said that the company’s income from operations increased by 6 percent to Rs 22,831 crore in the April-June quarter.

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