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Share Market Pre Open Updates – June 05, 2024

Share Market Pre Open Updates – June 05, 2024

5 June 2024

On June 04, 2024, Nifty 50 fell by 5.93%, closing at 21,884, and Sensex dropped 5.74%, closing at 72,079.  Top Gainers and Losers On the sectoral front, Nifty FMCG ended in the green. Meanwhile, Nifty PSU Bank, Nifty Oil & Gas, Nifty Metal and Nifty Realty were declining. The top gainers were Dabur India, Hindustan …

Infosys and Nihon Chouzai Partner to Revolutionise Healthcare Access in Japan

Infosys and Nihon Chouzai Partner to Revolutionise Healthcare Access in Japan

4 June 2024

Infosys, a global leader in next-generation digital services and consulting, is revolutionising healthcare access in Japan through a strategic collaboration with Nihon Chouzai (TSE), the country’s leading dispensing pharmacy chain. This partnership focuses on developing innovative solutions to enhance online medication guidance and streamline payment processes. NiCOMS: A Pioneering Telemedicine Platform Central to this collaboration …

Divi’s Laboratories Ltd.: Strategic Positioning in Market Turbulence

Divi’s Laboratories Ltd.: Strategic Positioning in Market Turbulence

4 June 2024

Company Overview Divi’s Laboratories Ltd. is a holding company, which engages in the manufacture of active pharmaceutical ingredients, intermediates, and nutraceutical ingredients. It also provides manufacturing of generic APIs, nutraceutical ingredients, and custom synthesis for big pharma. The company was founded by Murali Krishna Prasad Divi on October 12, 1990 and is headquartered in Hyderabad, …

Hg Infra Engineering Steps Into Renewable Energy With H.G. Renewable Energies Subsidiary Launch

Hg Infra Engineering Steps Into Renewable Energy With H.G. Renewable Energies Subsidiary Launch

4 June 2024

On June 4, 2024, H.G. Solar Projects Private Limited, a company fully owned by H.G. Infra Engineering Limited, established a new subsidiary called H.G. Renewable Energies Private Limited. The acquisition could be classified as a related party transaction since the investment is made in a step-down subsidiary, H.G. Renewable Energies Private Limited, wholly owned by …

Market Crash Hits D-Street: Key Stocks at 52-Week Lows to Watch

Market Crash Hits D-Street: Key Stocks at 52-Week Lows to Watch

4 June 2024

On Tuesday, India VIX peaked to 30 level amid poll counting ,Nifty trades at 22088.90 at 1.35 pm down by 5.05% today. Amid anticipation of No Cake Walk for NDA due to thin margin trend of poll counting following 4 stocks become victims of bloodbath. Tata Elxsi Ltd  Tata Group Jewel which provides technology services …

10 PSU Stocks with the Highest Decline on Election Result Day

10 PSU Stocks with the Highest Decline on Election Result Day

4 June 2024

The Indian stock markets experienced a significant plunge, with the Sensex dropping over 2,700 points and the Nifty falling more than 800 points during early trading on Tuesday. This dramatic decline followed Monday’s surge, which was driven by exit polls suggesting a return of the incumbent government. However, early trends indicated a tight contest, leading …

Mphasis Limited Teams Up with Classiq to Deliver Real-World Quantum Solutions

Mphasis Limited Teams Up with Classiq to Deliver Real-World Quantum Solutions

4 June 2024

On June 4, 2024, Mphasis Limited announced in an exchange filing its strategic collaboration with a leading quantum software company, Classiq, to demonstrate and commercialise industry solutions powered by Quantum. This strategic partnership focuses on accelerating the real-world use of quantum solutions. The collaboration will achieve this by helping businesses integrate these solutions into their …

Overnight Digest: Top 3 mid and small-cap stocks to watch out for June 5

Overnight Digest: Top 3 mid and small-cap stocks to watch out for June 5

4 June 2024

Indian stock markets witnessed a significant decline on Tuesday, mirroring the uncertainty surrounding the ongoing election results. The key market indexes, the Sensex and Nifty, experienced a sharp drop. The Sensex closed 5.74% lower at 72,079.05, while the Nifty fell 5.93% to settle at 21,884.50 The India VIX, a key volatility gauge, surged by 23.65% …

These 3 Stocks from BSE 500 Jumped Over 4% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 4% Today; Do You Own Any?

4 June 2024

The benchmark index S&P BSE 500 opened today at 34,442.88 and made its day high at 34,444.79, and it is trading in red today, down by more than 6.5%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 4% today. Hindustan Unilever Ltd …

Sansera Engineering’s MMRFIC Opens New R&D Facility in Bangalore

Sansera Engineering’s MMRFIC Opens New R&D Facility in Bangalore

4 June 2024

On June 3, 2024, Sansera Engineering Limited informed in an exchange filing that the Group’s company, MMRFIC Technology Private Limited (MMRFIC), inaugurated a new Research and Development (R&D) facility in Bangalore. The facility integrates semiconductor packaging, precision printed circuit board (PCB) assembly, and the testing and qualification of in-house developed products, marking a strategic diversification …

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