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"The company and Reliance Strategic Investments Limited will take necessary steps including fixing the record date for allotment and listing of equity shares of Reliance Strategic Investments Limited," it said without giving timelines for the same.

This is mainly referred to by active equity mutual fund managers.

CEAT stock was in a consolidation zone for almost 5 weeks, but it managed to move out of the Symmetric Triangle pattern on Thursday at Rs 2,088. The breakout has activated a target of Rs 2,588 based on the pattern.

​​“Buyer growth was higher than average ticket size growth for this period. Despite significant volatility in gold prices throughout the quarter, Akshaya Tritiya sales in April and wedding purchases in June were robust,” the company said in a release.

​NYSE is the largest exchange in terms of market capitalisation of companies listed on it ($24 trillion as of Dec’22) while the Mcap of NSE-listed companies is low at $3.4 trillion.

The 30-share Sensex climbed 339 to settle at 65,785, while the broader Nifty jumped nearly 100 points to end at a fresh high of 19,497.

New York Stock Exchange listed Azure, which raised over $750mn in two tranches from offshore bondholders, received an extension until mid-July from the exchange to disclose its FY22 audited results, failing which the stock would be delisted.

India VIX was down by 0.34% from 11.88 to 11.84 levels. Volatility near its lower band has supported the bulls at record-high zones. Options data suggests a broader trading range between 19200 to 19700 zones, while an immediate trading range between 19350 to 19600 zones.

Several stocks including Gujarat State Fertilizers & Chemicals, Marico, and GAIL (India) showcased significant progress by crossing their 50-day Simple Moving Average (SMA) on July 5, 2023, indicating positive trend reversals. Other standout performers were Godfrey Phillips India, Indraprastha Gas, Triveni Engineering & Industries, NMDC, Deepak Fertilisers & Petrochemicals Corporation, and Adani Green Energy.

"Spot gold prices in the Delhi markets trading at Rs 59,350/10 grams, up by Rs 70 per 10 grams as the bullion prices got support from a weaker rupee, which has depreciated almost 0.60 per cent against the US dollar," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.