Share Market Pre Open Updates – June 07, 2024

On June 6, 2024, the Nifty 50 rose 0.89% and closed at 22,821, and the Sensex increased 0.93%, closing at 75,074. 

Top Gainers and Losers

On the sectoral front, Nifty Realty, Nifty Media, Nifty PSU Bank, and Nifty IT ended in the green. Meanwhile, Nifty FMCG, Nifty Pharma, Nifty Healthcare Index, and Nifty Private Bank were declining. The top gainers were Hindustan Aeronautics, GAIL India, REC Limited, and IRCTC, which showed positive movement. On the other hand, DMART, Hindalco Industries, Pidilite Industries, and Hero MotoCorp were the top losers of the day.

Stocks In The News

Indoco Remedies and KPI Green Energy were in the news on June 6, 2024.

• Indoco Remedies has received approval from the US FDA. After this news, the company’s share price increased by 2.32%.
• KPI Green Energy has won a 26.15 megawatt solar project. After this news, the price of KPI Green locked in the upper circuit and increased by 5%.

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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.