Share Market Pre Open Updates – August 01, 2024

On July 31, 2024, the benchmark indices Nifty was up 0.38% to close at 24,951, and Sensex was up 0.35% to close at 81,741.

Top Gainers and Losers

On the sectoral front, Nifty Mid-small Healthcare, Nifty Metal, Nifty Pharma, and Nifty Media ended in the green. Meanwhile, Nifty PSU Bank and Nifty Realty were declining. The top gainers were Maruti, JSW Steel, HDFC Life and Asian Paints, which showed positive movement. On the other hand, Britannia, Dr Reddy, Apollo Hospitals and Tata Consumers were the top losers of the day.

Stocks In The News

Maruti Suzuki India and Trent were in the news on July 31, 2024.

• Maruti Suzuki India has declared Q1FY25 earnings where they reported a 47% year-on-year increase in net profit. Due to this news, shares rose 3.67% to its 52-week high of ₹13,375.
• Trent’s shares reached a new high of ₹5,826, marking their eighth consecutive session of gains. This surge follows the announcement that Trent will be included in the Nifty 50 index during the September reshuffle.

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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.