Pre Market Updates - 30 Jan 2024

Pre Market Updates – 30 Jan 2024

02 February 20243 mins read by Angel One

Investors have shown optimism in the stock market on January 29, 2024. Let us have a look at the key updates of the market below.

The Indian stock market closed higher on January 29, 2024. The benchmark indices, Nifty 50, closed at 21,737 with a gain of 1.80%, and Sensex rose 1.76% to 71,941 settled. As per experts, investors are quite optimistic about the market. However, the market could witness a resistance at 21,750. On January 29, 2024, FIIs bought securities worth ₹110 crore, while DIIs bought securities of ₹3,221 crore.

Top Gainers and Losers

ONGC, Reliance Industries, Coal India and Adani Enterprises were on the list of top gainers. SBI Cards & Payment Services, Cipla, Marico and ITC were the top losers. Nifty Oil & Gas, Nifty PSU Bank, Nifty Financial Services 25/50 and Nifty Consumer Durables were gaining, while Nifty FMCG was falling.

Stocks In The News

Maharashtra Seamless and SJVN were in the news on January 29, 2024. Maharashtra Seamless won two contracts worth ₹116 crore from Indian Oil Corporation. As a result, the stock of Maharashtra Seamless closed ₹1,050 with a gain of 6%. SJVN bagged a solar power project of ₹550 crore, and the stock rallied to ₹130 with a gain of 12%.

Get 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."

Pre Market Updates – 30 Jan 2024

Top Gainers and Losers

Stocks In The News

Open Free Demat Account!

Related Articles

Related Categories

Enjoy Zero Brokerage on Equity Delivery