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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.

Several smallcap stocks have crossed their 100-day Simple Moving Average (SMA), offering potential growth opportunities. Notable performers include Themis Medicare, Steelcast, Likhitha Infrastructure, Nirlon, National Fertilizers, Dwarikesh Sugar Industries, PC Jeweller, GOCL Corporation, Laxmi Organic Industries, Manali Petrochemicals, and Prataap Snacks.

Market capitalisation of all listed companies on BSE rose by Rs 1.8 lakh crore to Rs 301.7 lakh crore. From the Sensex pack, M&M and Power Grid were the top gainers, rising 5% and 4%, respectively. Tata Motors, Reliance, NTPC, Axis Bank, Nestle, Asian Paints, and Wipro also closed with gains. On the other hand, Maruti, HCL Tech, Bajaj Finance, IndusInd Bank, and Tata Steel closed with losses.

The Nifty Realty index closed 2.25 per cent up at 537.75.

The global market for sustainable finance has registered considerable growth since 2014 mainly led by the issuance of green bonds. As per the data published (Climate Bonds Initiative, November 2022), cumulative green bond issuances as on September 30, 2022, have surpassed US$ 2.0 trillion, which includes sovereign green bonds (SGrBs) issued by 26 sovereigns aggregating to US$ 230.9 billion. European nations are the major issuers of SGrBs with 5-year and 10-year tenors being the preferred tenors of issuance.

The IPO comprised fresh equity issue of up to 46.99 lakh equity shares of face value of Rs 10 each and an offer for sale (OFS) of up to 15 lakh equity shares by selling shareholders.

The brokerage sees Abbott and Ajanta to likely grow organically at a faster pace of 15-16%

Over the past year, a majority of housing finance stocks have experienced significant increases in their share prices. In fact, two stocks from the list have achieved multibagger status within a mere 12-month period.