Share Market Pre Open Updates – July 22, 2024

On July 19, 2024, the benchmark indices Nifty 50  fell 1.09% to 24,530, and Sensex dropped 0.91% to 80,604.

Top Gainers and Losers

On the sectoral front, Nifty Metal, Nifty Oil and Gas, Nifty Auto, Nifty Realty, and Nifty Media were declining. No sector closed in green. The top gainers were Infosys, ITC, Asian Paints, and Jio Finance, which showed positive movement. On the other hand, Samvardhana Motherson, Havells, Tata Steel, and JSW Steel were the top losers of the day.

Stocks In The News

SpiceJet and  Zydus Lifesciences were in the news on July 19, 2024.

• Spicejet announced convening its Board Meeting on July 23, 2024, to consider raising fresh capital through qualified institutional placement. As a result, Spicejet shares rose 5%. 
• The shares of Zydus Lifesciences dropped 3% as its arod injectables manufacturing facility was classified as ‘Official Action Indicated’ by the United States Food and Drug Administration (USFDA).

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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.