Share Market Pre Open Updates – July 18, 2024

On July 16, 2024, the benchmark indices Nifty 50  rose 0.11% to 24,613, and Sensex grew 0.06%. 

Top Gainers and Losers

On the sectoral front, Nifty Realty, Nifty FMCG, Nifty IT, and Nifty Auto ended in the green. Meanwhile, Nifty Media, Nifty Healthcare index, Nifty Pharma, and Nifty Financial Services 25/50 were declining. The top gainers were  LIC, Coal India, BPCL and Hindustan Unilever, which showed positive movement. On the other hand, Zomato, HAL, Jio Finance, and REC Ltd were the top losers of the day.

Stocks In The News

Bharti Hexacom and Century Textiles were in the news on July 16, 2024.

• The shares of Bharti Hexacom rose 9.5% after JP Morgan gave an overweight rating.
• Century Textiles’s wholly-owned subsidiary Birla Estates acquires a 5-acre land parcel in Gurugram. The parcel offers a development potential of around 10 lakh square feet and is expected to generate revenue of over ₹1,400 crore.

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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.