Share Market Pre Open Updates – July 19, 2024

On July 18, 2024, the benchmark indices Nifty 50  rose 0.76% to 24,800, and Sensex grew 0.78% to 81,343.

Top Gainers and Losers

On the sectoral front, Nifty IT, Nifty FMCG, Nifty Financial Services 25/50, and Nifty Financial Services ended in the green. Meanwhile, Nifty Media, Nifty Consumer Durables, Nifty Metal, and Nifty Mid-Small Healthcare were declining. The top gainers were  LTI Mindtree, Cholamandalam Investment and Finance, Torrent Pharma, and ONGC, which showed positive movement. On the other hand, HAL, Trent, Siemens, and ABB were the top losers of the day.

Stocks In The News

Just Dial and LTI Mindtree were in the news on July 18, 2024.

• Just Dial recorded the highest ever-quarterly revenue and net profit. The company recorded a YoY growth of 13% in revenue during Q1 FY2025. As a result, Just Dial’s share price rose 20%.
• LIT MIndreee posted a fall of 1.5% in net profit during Q1 FY2024. Despite the fall, LTI Mindtree shares rose 3%.

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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.