Share Market Pre Open Updates - May 10, 2024

Share Market Pre Open Updates – May 10, 2024

13 May 20242 mins read by Angel One

On May 09, 2024, both benchmark indices ended in red. According to experts, the short-term texture of the market is weak.

Share Market Pre Open Updates – May 10, 2024

On May 09, 2024, the Nifty 50 declined 1.55% and closed at 21,957, and the Sensex dropped 1.45%, closing at 72,404.

Top Gainers and Losers

On the sectoral front, Nifty Auto ended in the green. Meanwhile, Nifty Oil & Gas, Nifty Metal, Nifty FMCG and Nifty Pharma were declining. The top gainers were Adani Power, TVS Motor, Hero Motocorp and Tata Motors, which showed positive movement. On the other hand, Larsen & Toubro, Power Finance Corporation, Bharat Petroleum Corporation and Asian Paints were the top losers of the day.

Stocks In The News

Escorts Kubota and State Bank of India were in the news on May 09, 2024.

In Q4 FY 2024, Escorts Kubota reported a consolidated year-on-year revenue of ₹2,093 crore, a ~6% decrease. After this news, the company’s share price dropped by 2%, closing at ₹3,470.
In Q4 FY 2024, State Bank of India reported a net profit of ₹20,698 crore. After this news, the company’s share price rose by 1%, closing at ₹820.

Get the latest Share Market Updates at Angel One.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

"Prevent Unauthorised transactions in your Trading/Demat Account. Update your mobile numbers/email IDs with your stock brokers/Depository Participant. Receive alerts/information of your transaction/all debit and other important transactions in your Trading/ Demat Account directly from Exchange/CDSL at the end of the day. Issued in the interest of investors."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"We understand that certain investment advisors may be approaching members of the public including our clients, representing that they are our partners, or representing that their investment advice is based on our research. Please note that we have not engaged any third parties to render any investment advisory services on our behalf. We do not share our research reports or our clients’ personal or financial data with any third parties and have not authorized any such person to represent us in any manner. Persons making investments on the basis of such advice may lose all or a part of their investments along with the fee paid to such unscrupulous persons. Please be cautious about any phone call that you may receive from persons representing to be such investment advisors, or a part of research firm offering advice on securities. Do not make payments through e-mail links, WhatsApp or SMS. Please do not share your personal or financial information with any person without proper verification. Always trade through a registered broker."
"Issued in public interest by Angel One Limited, having its registered office at 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai - 400093, Telephone: +91 22 4000 3600, Fax: + 91 22 2835 8811."

Share Market Pre Open Updates – May 10, 2024

Top Gainers and Losers

Stocks In The News

Open Free Demat Account!

Related Articles

Related Categories

Enjoy Zero Brokerage on Equity Delivery