Share Market Pre Open Updates – June 04, 2024

On June 03, 2024, the Nifty 50 rose 3.25% and closed at 23,263, and the Sensex increased 3.35%, closing at 76,468. 

Top Gainers and Losers

On the sectoral front, all the sectors were positive. However, Nifty PSU Bank, Nifty Oil and Gas, Nifty Realty and Nifty Financial Services 25/50 were seen growing the most. The top gainers were Adani Power, Power Finance Corporation, GAIL and REC Ltd, which showed positive movement. On the other hand, Zomato, Eicher Motors, Bosch Limited and Havells were the top losers of the day.

Stocks In The News

Ashoka Buildcon and Suzlon Energy were in the news on June 03, 2024.

• Ashoka Buildcon emerged as the lowest bidder for two projects worth ₹2,153 crore. After this news, the company’s share price rose by 6.5%.
• International brokerage firm Morgan Stanley issued Suzlon Energy an “overweight” tag with a target price of ₹58.5 per share. After this news, the company’s share price jumped by up to 5%.

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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.