Stock Market Live: Sensex fell 175 points, Nifty below 24300, TATAMOTORS top gainer, TITAN top loser

Stock Market Updates Today :Weakness is being seen in the domestic stock market today amid mixed global signals. Both Sensex and Nifty indices have weakened in today’s trading. Nifty has come below the level of 24300.. while Sensex is seeing weakness of about 175 points today. Bank and financial indices are seen in the red mark on Nifty in today’s trading. At the same time, auto, FMCG, IT, metal, pharma and realty indices are seen in the green mark. Currently, Sensex is seeing a weakness of 176 points and it is trading at the level of 79821. While Nifty is trading 30 points weaker at the level of 24,294. Today’s top gainers include TATAMOTORS, HUL, ITC, HCLTECH, TECHM. While top losers include TITAN, ADANIPORTS, INDUSINDBK, ICICIBANK, TATASTEEL.

Global signals are mixed

Today, global signals are mixed for the domestic stock market. In today’s trading, a mixed trend is being seen in major Asian markets. Earlier on Friday, there was a rise in the US markets. On Friday, the Dow Jones Industrial saw a rise of 68 points and it closed at the level of 39375.87. The NASDAQ Composite saw a rise of 164 points and it closed at the level of 18352.76. While the S&P 500 index saw a rise of 30 points and it closed at the level of 5567.19.

July 08, 2024 10:27 IST

Bandhan Bank

Private sector Bandhan Bank has appointed its executive director and chief operating officer Ratan Kumar Kesh as interim managing director (MD) and CEO from July 10. The bank’s current MD, CEO and founder Chandrashekhar Ghosh will retire on July 9. Ratan Kumar Kesh will be the interim MD and CEO for three months or until a new incumbent takes charge, whichever is earlier.

July 08, 2024 10:26 IST

JSW Energy

JSW Energy Chairman and Managing Director (CMD) Sajjan Jindal said the company has planned capex of Rs 15,000 crore during the current financial year. Jindal told shareholders at the Annual General Meeting (AGM) that the company plans to spend about Rs 1,15,000 crore to reach the target of 20 gigawatt (one gigawatt equals 1,000 megawatts) generation and 40 gigawatt hours of storage under ‘Strategy 2.0’.

July 08, 2024 09:42 IST

Bank of Baroda News

The bank received board approval to raise additional capital up to Rs 7,500 crore through debt capital options and up to Rs 10,000 crore through long term bonds to finance infrastructure and affordable housing.

July 08, 2024 09:42 IST

Titan Company News

Jewellery and watch giant Titan’s revenue growth was 9 per cent in the June quarter. The Tata Group company said it opened 61 new stores in the April-June quarter. This brought the company’s total store count to 3096. The jewellery segment accounts for nearly three-fourths of Titan’s total business. During the June quarter, the segment grew 9 per cent in the domestic market and the company opened 34 jewellery stores. The company said double-digit growth was witnessed on the occasion of Akshaya Tritiya (Tanishq secondary sales) as compared to the same period last year. However, high gold prices and their continued strength impacted consumer demand.

July 08, 2024 09:03 IST

Crude near $87

There has been a slight softening in benchmark Brent crude. In the international market, crude has come down below $ 87 per barrel and is trading around $ 86.65 per barrel. At the same time, WTI crude is also trading around $ 83 per barrel. The US 10-year bond yield has slipped to 4.30 percent. While the US dollar has also slipped below the level of 105.

July 08, 2024 09:03 IST

FII and DII data

Foreign portfolio investors (FIIs) were net buyers for the second consecutive day on Friday, July 5, 2024 and bought shares worth Rs 1241.3 crore. While domestic institutional investors (DIIs) were net sellers on Friday and sold shares worth Rs 1651.4 crore on July 5.

July 08, 2024 09:02 IST

Mixed trend in Asian markets

In today’s trade, a mixed trend is being seen in the major Asian markets. Talking about Asia, GIFT NIFTY is down by 0.11 percent while Nikkei 225 is up by 0.21 percent. Strait Times is up by 0.06 percent while Hang Seng has lost about 1.29 percent. Taiwan Weighted is up by 1.70 percent while Kospi has lost about 0.05 percent and Shanghai Composite has lost 0.59 percent.

July 08, 2024 09:02 IST

US markets closed on a rise

On Friday, there was a rise in the US markets. On Friday, the Dow Jones Industrial saw a rise of 68 points and closed at the level of 39375.87. The NASDAQ Composite saw a rise of 164 points and closed at the level of 18352.76. While the S&P 500 index saw a rise of 30 points and closed at the level of 5567.19.

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