Share Market Pre Open Updates – June 05, 2024

On June 04, 2024, Nifty 50 fell by 5.93%, closing at 21,884, and Sensex dropped 5.74%, closing at 72,079. 

Top Gainers and Losers

On the sectoral front, Nifty FMCG ended in the green. Meanwhile, Nifty PSU Bank, Nifty Oil & Gas, Nifty Metal and Nifty Realty were declining. The top gainers were Dabur India, Hindustan Unilever, Colgate and DMART, which showed positive movement. On the other hand, REC, Power Finance Corporation, Adani Ports & Special Economic Zone and Adani Energy Solutions were the top losers of the day.

Stocks In The News

State Bank of India (SBI) and Rail Vikas Nigam Ltd (RVNL) were in the news on June 04, 2024.

• SBI was seen breaking its three-day rally, and the company’s share price dropped by 14%.
• RVNL has won an order worth ₹38 crore. Despite this news, the company’s share price declined by 13%.

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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.