Share Market Pre Open Updates – July 31, 2024

On July 30, 2024, the benchmark indices Nifty was up 0.09% to close at 24,857 and Sensex was up 0.12% to close at 81,455.

Top Gainers and Losers

On the sectoral front, Nifty Consumer Durables, Nifty Media, Nifty Auto and Nifty Oil and Gas ended in the green. Meanwhile, Nifty FMCG, Nifty Healthcare Index, Nifty Pharma and Nifty IT were declining. The top gainers were Tata Motors, NTPC, BPCL and Power Grid, which showed positive movement. On the other hand, LTI Mindtree, SBI Card, Cipla and Grasim were the top losers of the day.

Stocks In The News

Kansai Nerolac and Granules were in the news on July 30, 2024.

• Kansai management believes that in the upcoming quarters there will be strong demand due to favorable monsoon trends. After this news, Kansai share price was seen rising by 10%.
• Granules reported an 181% jump in consolidated net profit for the quarter ended June 2024, due to which shares were seen rising by around 5% to touch an all time high of ₹592.

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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.