Share Market Pre Open Updates – July 30, 2024

On July 29, 2024, the benchmark indices Nifty was up 0.01% to close at 24,836 and Sensex rose 0.03% to close at 81,355, respectively.

Top Gainers and Losers

On the sectoral front, Nifty PSU Bank, Nifty Media, Nifty Realty and Nifty Oil and Gas ended in the green. Meanwhile, Nifty IT and Nifty FMCG were declining. The top gainers were IRFC, PNB, DLF and Bharat Electronics, which showed positive movement. On the other hand, Bharti Airtel, Titan, SBI Card and Cipla were the top losers of the day.

Stocks In The News

Bharat Electronics and Nuvama Wealth were in the news on July 29, 2024.

• Bharat Electronics announced its Q1 results where they reported a 46.2% year-on-year increase in net profit and 19.6% in revenue. After this news, BEL’s share price saw a rise of around 4%.
• Nuvama’s share price saw a rise of 8% to an all time high of ₹6,137 after they reported an 80% jump in net profit in the first quarter of the current financial year.

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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.