Share Market Pre Open Updates – June 26, 2024

On June 25, 2024, the Nifty 50 rose by 0.79% and closed at 23,722, and the Sensex grew by 0.93%, closing at 78,061. 

Top Gainers and Losers

On the sectoral front, Nifty Financial Services, Nifty Private Bank, Nifty Bank, and Nifty Financial Services 25/50 ended in the green. Meanwhile, Nifty Realty, Nifty Metal, Nifty Oil and Gas, and Nifty Media were declining. The top gainers were Shriram Finance, Axis Bank, ICICI Bank, and Bosch Limited, which showed positive movement. On the other hand, BPCL, Vedanta Limited, Adani Total Gas, and Adani Power were the top losers of the day.

Stocks In The News

Amara Raja Batteries and Zomto were in the news on June 25, 2024.

• Amara Raja Batteries’ shares rose 19% and reached an all-time high of ₹1,656 after the company announced the signing of a technical agreement with China-based Gotion High-Tech.
• Foreign brokerage firm CLSA gave Zomato a buy rating with a target price of ₹248 and said it is growing faster than Swiggy. As a result, Zomato’s shares rose 2%. 

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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.