Share Market Pre Open Updates – July 26, 2024

On July 25, 2024, Benchmark indices Nifty and Sensex traded slightly lower after recovering most of their earlier losses, marking the fifth consecutive session of declines. At the close, Nifty was down by 0.03% at 24,406, and Sensex was down by 0.08% at 80,084. 

Top Gainers and Losers

Sector-wise, Nifty Oil and Gas, Nifty Auto, Nifty Pharma, and Nifty Media showed gains, while Nifty Private Bank, Nifty Consumer Durables, Nifty Realty, and Nifty Bank experienced declines. Tata Motors, ONGC, BPCL, and SBI Life were the top gainers. Meanwhile, Axis Bank, Nestle India, ICICI Bank, and Titan were the top losers.

Stocks In The News

Now, let’s look at the stocks trending in the news.

1. Tata Motors Limited
   Tata Motors’ shares hit record highs, jumping around 6% to ₹1,089 after Nomura upgraded its rating from “neutral” to “buy” and increased its price target by 26% to ₹1,294.
2. Axis Bank
   Axis Bank’s share price fell by 6% following the announcement of their April-June earnings, which revealed worsened asset quality.

Get the latest Share Market Updates at Angel One.

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.