Stock Market Updates Today : After three consecutive days of selling in the domestic stock market, there is some recovery today. In today’s trading, both Sensex and Nifty indices are trading in the green mark. The announcement of increasing STT on long term capital gains and F&O in the budget has weakened the market sentiments somewhat. Today Nifty is trading above 24450. While today there is a rise of about 100 points in Sensex. In today’s trading, bank, financial index on Nifty are trading in the red mark. While auto, IT, metal, pharma, FMCG and realty indices are trading in the green mark. Currently, Sensex is seeing a gain of 100 points and it is trading at the level of 80134. While Nifty is trading at the level of 24,457, down by 51 points. Today’s top gainers include SUNPHARMA, BHARTIARTL, TATASTEEL, INFY, KOTAKBANK. While the top losers include TECHM, INDUSINDBK, ICICIBANK, MARUTI, HDFCBANK.
Global signals are weak
Global signals are looking weak for the domestic stock market today. In today’s trading, a mixed trend is being seen in the major Asian markets. Earlier on Thursday, pressure was also seen on the US markets. On Thursday, the Dow Jones Industrial saw a decline of 81 points and it closed at the level of 39935. The NASDAQ Composite saw a weakness of 161 points and it closed at the level of 17181.72. While the S&P 500 index fell by about 28 points and closed at the level of 5399.
-
July 26, 2024 11:20 IST
Akums Drugs IPO
The IPO of Akms Drugs and Pharmaceuticals, the country’s leading company that manufactures medicines through contract manufacturing, is opening next week on Tuesday, July 30. The size of the IPO is Rs 1855 crore. While the company has fixed the price band for this at Rs 646 to Rs 679 per share. This IPO will be open for subscription from July 30 to August 1, 2024.
-
July 26, 2024 11:19 IST
Sanstar IPO Listing
The IPO of Sunstar Limited, a plant based specialty product manufacturing company, has made a weaker entry in the stock market than expected. Despite the boom in the market, the company’s stock has made a sluggish debut. Sunstar’s stock was listed on the BSE at Rs 106, while the IPO price was Rs 95. In this sense, those who were allotted shares in this IPO have got a 12 percent return on listing.
-
July 26, 2024 09:36 IST
IndusInd Bank results will come today
Today, IndusInd Bank’s June quarter results will be released. Apart from this, results of Power Grid Corporation, Shriram Finance, Cipla, InterGlobe Aviation, Bandhan Bank, Aarti Drugs, Cholamandalam Investment, City Union Bank, Equitas SFB, KFin Technologies, Piramal Pharma and SBI Cards will also be released today.
-
July 26, 2024 09:35 IST
RBL Bank News
EQT Private Capital Asia on Thursday sold its entire 7.89 percent stake in private sector RBL Bank for Rs 1091 crore through open market transactions. With this, EQT Private Capital is now completely separated from RBL Bank. It sold its stake through its unit Maple-2 BV. Maple-2 BV sold 4,78,40,700 shares which is equivalent to 7.89 percent stake in RBL Bank.
-
July 26, 2024 09:35 IST
Mankind Pharma News
Mankind Pharma said that it will fully acquire Bharat Serums and Vaccines for approximately Rs 13,630 crore. Mankind Pharma said in a statement that the company has entered into a definitive agreement to acquire 100 per cent stake in Bharat Serums and Vaccines (BSV) at an enterprise value of approximately Rs 13,630 crore. It will acquire this stake from Advent International.
-
July 26, 2024 09:31 IST
AU SFB: Will apply for universal banking license
The Board of AU Small Finance Bank has considered and approved the application to RBI for conversion into a Universal Bank as per RBI guidelines. The Board has constituted a Committee of Directors to examine the application to RBI. The Committee comprises H.R. Khan (Part Time Chairman & Independent Director and Former Deputy Governor of RBI), Pushpinder Singh (Independent Director), M.S. Sriram (Independent Director) and Sanjay Agarwal (MD & CEO).
-
July 26, 2024 09:29 IST
Tech Mahindra News
The profit of IT sector giant Tech Mahindra has increased by 23 percent to Rs 851 crore in the first quarter of the current financial year. The company’s revenue fell by 1.2 percent on an annual basis to Rs 13,005 crore. However, its revenue has increased by 1 percent compared to the January-March quarter. Tech Mahindra’s operational profit margin increased by 1.90 percent to 12 percent.
-
July 26, 2024 08:43 IST
Crude near $82
Brent crude remains stable in the international market. Crude is trending around $ 82.50 per barrel. While WTI crude is also trading with a slight increase around $ 78.50 per barrel.
-
July 26, 2024 08:43 IST
FIIs and DIIs
According to provisional data available on NSE, on Thursday, July 25, 2024, foreign institutional investors (FIIs) were net sellers and sold shares worth Rs 2605.49 crore. Whereas during this period, domestic institutional investors (DIIs) were net buyers and bought shares worth Rs 2431.69 crore.
-
July 26, 2024 08:42 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 up by 0.13 percent while Nikkei 225 is up by 0.49 percent. Strait Times is up by 0.05 percent and Hang Seng is up by 0.17 percent. Taiwan Weighted is down by 3.31 percent while Kospi has strengthened by about 0.85 percent. Shanghai Composite is down by 0.31 percent.
-
July 26, 2024 08:42 IST
Dow Jones closed up 81 points
There was pressure on the US markets on Thursday. On Thursday, the Dow Jones Industrial saw a decline of 81 points and closed at the level of 39935. The NASDAQ Composite saw a weakness of 161 points and closed at the level of 17181.72. While the S&P 500 index fell by about 28 points and closed at the level of 5399.
show more