Share Market Pre Open Updates – April 15, 2024

On April 12, 2024, the Nifty 50 index dropped by 1.03% to close at 22,519, while the Sensex fell by 1.06% to close at 74,244. Market experts see a negative short-term sentiment with a support level of 22,500. Foreign Institutional Investors (FII) have sold off approximately ₹8,027 crore worth of investments, whereas Domestic Institutional Investors (DII) have bought around ₹6,341 crore worth.

Top Gainers and Losers

No sector showed any growth on April 12, 2024, while sectors like Nifty Pharma, Nifty Healthcare, Nifty PSU Bank, and Nifty Oil & Gas experienced declines. Today’s top-performing stocks were IRCTC, Vedanta, Hindustan Aeronautics, and Bharat Electronics. On the other hand, the stocks that lost the most value included Sun Pharma, Maruti Suzuki, Indigo, and Zydus Lifesciences.

Stocks In The News

CAMS and Sun Pharmaceutical were in the news on April 12, 2024.

• Computer Age Management Services (CAMS) received RBI approval to operate as an online payment aggregator. Following this news, CAMS’s share price rose by 2%, closing at ₹3,114.
• Sun Pharmaceutical’s Dadra facility received an “Official Action Indicated” (OAI) status from the USFDA. Consequently, Sun Pharma’s share price fell by 3%, closing at ₹1,545.

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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.