Nifty gives up gains after another record high, banks shine

By Priyanka Deshpande CNBC-TV18.com Published June 19, 2024

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[{"selector":"#anim-c7e4a229-b802-4186-b410-81a72e68ea74","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-84aeb243-41b8-4e7e-b8eb-861f6e3709c3","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 179.50937%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Midcaps Index sees profit booking at record level, closes 700 points off highs

[{"selector":"#anim-e9a54b37-9a11-4b13-add0-1a5e83d5ee95","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cceba23e-b358-4450-b002-f98e4c43a852","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 184.70418%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty Bank outperforms, rises 2% vs flat close for Sensex & Nifty

[{"selector":"#anim-31f0a7b7-c7ba-4f0e-802c-cd7f133e2641","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-42f71820-436a-479d-bbf4-855bb9be6816","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 179.50937%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Buying in major private banking names helps Nifty Bank notch record high

[{"selector":"#anim-a69d1c15-b823-4aa2-aa8c-d41270235385","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d68a51fb-b601-4738-9161-bfd882c3c27a","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 162.96301%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] All top 5 Nifty gainers are private banks – HDFC Bank, Axis, ICICI, IndusInd & Kotak Mahindra Bank

[{"selector":"#anim-c5fa1685-0ef3-4b8b-b54e-d521cb6cec62","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9234a96c-b16b-4bd1-a832-639756cdf373","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 162.96301%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Defence names come under pressure, Hindustan Aeronautics, Mazagon top losers

[{"selector":"#anim-6227adcf-c254-4cc2-ac5b-5042ae3a7c91","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e6d4c5a5-ffdc-40cb-bc86-3ae0df6b1a34","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 191.19768%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Fertiliser stocks surge on an expectation of GST rate cut, Chambal Fertiliser up 7%

[{"selector":"#anim-b2fd5635-f31d-4e0b-9287-8ae0f294eeb8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a4daa2cf-3cfd-4f9c-ac4e-09e0203dd9b4","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 191.19768%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Delta Corp extends Tuesday’s gain, rises 15% ahead of June 22 GST meet

[{"selector":"#anim-35385f6f-12c8-4f98-a0fc-72d88b58f9b8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1759566b-828d-47bc-ba0c-d3f361ef8b63","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 191.19768%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Indus Towers ends in the red but off lows after Vodafone Plc sells 18% stake

[{"selector":"#anim-9def1770-635c-4a54-8243-2bed226e2241","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c9929c28-7653-4898-beb0-c0a2e6b98b3d","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 191.19768%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Bharti Airtel acquires 1% stake in Indus Towers, stock sees a close in the red

[{"selector":"#anim-dcd8f5fa-81da-4c90-a703-2ac0d697d061","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Thanks For Reading! Zomato shares near record high; Analysts remain bullish on potential Paytm deal Read More