Share Market News: Muhurta trading session was held for one hour on Tuesday in the Indian stock market. During this period, slight gains were registered in Sensex and Nifty. The Sensex started at 84,484.67 and reached a high of 84,665.44 during the day’s trading. Later it closed at 84,426.34 with a gain of 62.97 points.

Shares of these companies included in top gainers

At the same time, Nifty also started at 25,901.20. During the day’s trading, it touched its high level of 25,934.35 and closed at 25,868.60 with a gain of 25.45 points. Bajaj Finserv, Axis Bank, Infosys, M&M, Tata Motors, Bajaj Finance, Tata Steel, HDFC Bank, Adani Ports, Power Grid, L&T, BEL, SBI, Tech Mahindra, Sun Pharma and UltraTech Cement were among the top gainers in the Sensex.

Whereas, Kotak Mahindra Bank, ICICI Bank, HCL Tech, Bharti Airtel, Maruti Suzuki, Trent, TCS, Titan, Asian Paints and Eternal (Zomato) were losers. During Muhurta trading, the maximum rise was seen in metal and pharma shares. Nifty Metal gained 0.40 percent and Nifty Pharma gained 0.34 percent. Apart from these, sectoral indices like Nifty Auto, Nifty Healthcare, Nifty FMCG and Nifty IT also closed in the green.

These two shares did wonders

On the occasion of Diwali, shares of Laurus Labs Ltd and Manappuram Finance Ltd also saw a rise. These shares have given profits of up to 90 percent to their investors. The share price of Laurus Labs Limited has increased from Rs 485 to Rs 921 since last Diwali, which is a great return of almost 90 percent.

On Monday, the stock closed at Rs 921, up 2.36 percent. Earlier, Axis Securities had named Laurus Labs as one of its favorite stocks for Samvat 2082 and the brokerage has set a target price of Rs 1,115 for it, which shows a potential upside of 21 percent from its current level. Laurus Labs is a company involved in medicine and chemical products.

After Laurus Labs, Manappuram Finance Limited gave good returns to the investors. Since Diwali 2024, this share has increased from Rs 157 to Rs 287.75 and has given an excellent return of 83 percent. On Monday, this share closed at Rs 287.75 with an increase of 1.28 percent. The market cap of the company is Rs 49,701 crore.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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Strong buying in midcap and smallcap during Muhurta trading, shares of these companies including Bajaj Finserv rose.

Shares of gold -giving companies Muthoot Finance, Manappuram Finance and IIFL Finance registered a rise of up to 8 per cent on Friday, June 6, 2025. The reason for this was the announcement of the Reserve Bank of India (RBI), in which it was said to increase the value of the loan taken on gold.

Loan to value rage increased

RBI told in the press conference that now the loan to value (LTV) ratio on gold loans up to 2.5 lakh will be increased from 75 percent to 85 percent. Meaning if you have 1 lakh gold, now you will be able to take a loan of up to 85,000 on it. Earlier this limit was Rs 75,000.

Companies perform in stock market

By Friday afternoon, the share of Muthoot Finance rose 6.34 per cent to Rs 2,438.35 and also touched an all -time high of Rs 2,470.25 in day business. Manappuram Finance shares jumped 3.99 per cent to Rs 243.75, while IIFL Finance was trading at 449.30 with a rise of 4.77 per cent. At the same time, BSE Sensex was only 0.79 percent to 82,083.9.

What is the complete planning of RBI?

RBI Governor Sanjay Malhotra said that the new gold loan regulations will be released on June 6, and if it is late due to some reason, these rules will definitely be revealed by June 9. This decision is not only beneficial for the borrowers but is also a major positive sign for companies working in the gold loan sector.

Draft framework came in April

The RBI released a draft regulatory framework in April 2025, proposing a gold loan guidelines. Its purpose was to set a similar rules for all types of lenders – such as banks, NBFCs, housing finance companies, cooperative banks and regional rural banks.

Main things of draft guidelines

All lenders have to include the rules related to gold loans in their credit and risk policy.

Standard process has to be implemented to check the value and purity of gold.

It will be necessary to monitor what the loan money is being used for.

Loan renewal and top-up will be available only when the previous loan is in standard category and LTV comes under ratio.

Before giving a loan, it will be mandatory to appropriately evaluate the borrower’s repayment ability and to delete dele.

What does this change matter to investors?

This decision of RBI can give a new pace to the business of gold finance companies. With more LTV, more customers will come forward for loan, which will increase the business of companies. Investors immediately sensed this possibility and started purchasing vigorous in shares.

Disclaimer: (Information provided here is being given only for information. It is necessary to tell here that the investment market is subject to risks. Always consult expert before investing as an investor. Never is advised to invest money from Abplive.com.

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