Eicher Motors(-6.31%) Dips After Hero(+4.52%) Partners with Harley Davidson; HPL Electric Power up by 20% on Rs 903 Crore Meter Orders

India's Services Exports Surge 7.7% YoY to $27.06 Billion in May, Import Growth at 2%.

Market Summary

Closing Bell: Nifty(+0.34%) above 19300, BANKNIFTY(+0.32%) above 45300, Sensex(+0.42%) gains 280 pts, PSU Bank, IT and Financial Services rally.🚀

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Companies

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Sectors

Nifty PSU Bank Index Extends Gains for the 5th Consecutive Day, Up 9.5% in 5 Trading Sessions. 🚀

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Market News

HPL Electric Power(+19.97%) Stock Skyrockets 20% to 52-Week High on Rs 903 Crore Smart Meter Orders. ⚡️🚀

IDFC First Bank(-4.03%) Shares Tumble 4% as Merger Share Swap Ratio Revealed. 📉🧾

Eicher Motors(-6.31%) Shares Dips 6% after Competitor Hero MotoCorp(+4.52%) and Harley Davidson Launch X440 in India. 🏍️🚀

L&T Finance(-2.73%) Holdings Stock Drops 2% as Kotak Institutional Equities Downgrades to 'Sell'. 📉

Wipro's(+1.11%) Share Buyback Program Sees High Acceptance Ratio of 77.40% among Retail Investors. 🧾

IndusInd Bank(-0.94%) Shares Reach New Heights: Hits 52-Week High on Promoter's Increase in Stake to 26%.📊📈

HMA Agro Industries Makes Strong Debut with 7% Premium on Opening Day of Trading. 📈

Senco Gold IPO Off to a Strong Start: 38% Subscription on Day 1. 🧾

PKH Ventures IPO Falls Short: 53% Subscription on Final Day of Bidding. 📅