Share Market Pre Open Updates – July 15, 2024

Nifty 50 and Sensex ended around 1% higher on July 12. Nifty rose 0.77% to close at 24,502, and Sensex rose 0.78% to close at 80,519. 

Top Gainers and Losers

On the sectoral front, Nifty IT, Nifty Media, Nifty Oil and Gas, and Nifty FMCG ended in the green. Meanwhile, Nifty Realty, Nifty Consumer Durables, Nifty PSU Bank, and Nifty Auto were declining. The top gainers were TCS, IRFC, Wipro, and Naukri, which showed positive movement. On the other hand, ABB, PFC, Bank of Baroda, and Siemens were the top losers of the day.

Stocks In The News

TCS and Inox Wind were in the news on July 12, 2024.

• TCS reported an 8.7% year-on-year increase in net profit. Following this news, the company’s share price rose around 7%. TCS has also declared an interim dividend of ₹10 per share.
• According to investors, the government will continue to focus on the renewable sector in the upcoming Union Budget. On the basis of this news, Inox Wind’s share price rose by 10%. Inox Wind has grown by 247% in the last 1 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.