Stock Market Live: GIFT Nifty signals higher start for Sensex, Nifty; Japan’s Nikkei jumps over 2.5%

Jul 29, 2024
stock-market-live:-gift-nifty-signals-higher-start-for-sensex,-nifty;-japan’s-nikkei-jumps-over-2.5%

Stock Market LIVE on Monday: In the broader market, the BSE MidCap index gained 0.4 per cent, while the SmallCap jumped 0.8 per cent.

nse stock exchange stock market

Stock Market LIVE on Monday, July 29: Benchmarks Nifty50 and Sensex registered fresh all-time highs in intra-day trades on on Monday led by a strong rally in banking sharess and Larsen &Toubro.

The BSE Sensex hit a new all-time high at 81,908.43, and was quoting flat around at 81,400 levels. The Nifty 50 index hit a summit at 24,999.75, and then hovered around 24,860 levels.

 

L&T, SBI, ICICI Bank were the top gainers while Titan, Tech Mahindra, Bharti Airtel were the top laggards on BSE.


Similarly, on NSE, L&T, SBI and ICICI Bank were the top gainers while Tata Consumer, Cipla, and Titan were the top laggards.


In the broader market, the BSE MidCap index gained 0.4 per cent, while the SmallCap jumped 0.8 per cent.


The Nifty PSU Bank was the top gainer, up over 3 per cent, followed by Realty (up 1.68 per cent).


1:42 PM

Nifty Realty up 2.5% on July 29; what’s driving the rally? Analysts weigh

A major driver behind this rally, analysts said, is DLF’s strong June quarter performance.  READ MORE

affordable housing


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1:32 PM

ALERT:: Arvind Q1 net dips 40%; stock slips 2%

Arvind today posted a 40 per cent dip in Q1FY25 net profit at Rs 65 crore when compared with Rs 39 crore in Q1FY24. Revenue from operations declined 1 per cent year-on-year to Rs 1,853 crore from Rs 1,831 crore.

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1:19 PM

Ola Electric’s IPO price out! How does it stack up against listed peers?

Most of the listed peers are primarily internal combustion engine (ICE) makers. Nonetheless, it is important to see how the Bengaluru-based firm stacks up against them. READ MORE

ola electric two wheeler ev

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1:10 PM

NBCC rallies 4% after arm bags Rs 411 cr order; stock up 38% in six months

The rise in the NBCC share price came after the State-owned company announced that its arm, HSCC (India) Limited, has secured an order worth Rs 411.45 crore. READ MORE

road construction

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12:57 PM

L&T gains 3% on winning large orders; rallies 8% in 3 days post Q1 results

Share price of Larsen & Toubro today was up 3 per cent to Rs 3,785 on the BSE in intra-day trade, after the company won multiple large orders to build grid elements forming backbone of clean energy transition. L&T classifies orders ranging between Rs 2,500 crore to Rs 5,000 crore as “large” orders. READ MORE

L&T sells Singoli-Bhatwari hydro project to Renew Power for Rs 985 cr


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12:44 PM

ALERT:: Adani Wilmar reports Q1 turnaround with Rs 313 cr profit; stock zooms 7%

Adani Wilmar today posted a turnaround for the June quarter, with a consolidated net profit to Rs 313 crore as against a net loss of Rs 79 crore in Q1FY24. Revenue from operations grew by 10 per cent Year-on-Year to Rs 14,169 crore from Rs 12,928 crore.

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12:34 PM

Nifty PSU Bank index surges 3%; PNB soars 7% on strong Q1 results

PNB, BoI, BoB, Uco Bank and IOB rallied over 3% each. SBI, Canara Bank, Union Bank of India, Indian Bank and Central Bank were up 2-3%. READ MORE

Stock market rally, bull trading, Sensex, nifty


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12:27 PM

ALERT:: Sensex slips into red, down 700 pts from record high

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12:12 PM

KFin Technologies hits 52-week high on robust Q1FY25; topline grows 31%

The surge in the stock price came after the company posted a strong set of June quarter results (Q1FY25). READ MORE

A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai

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12:03 PM

Govt considers reintroducing 15% concessional corporate tax in FY26 Budget

The Centre has set up an internal committee to evaluate the benefits of the 15% concessional tax rate scheme for new domestic manufacturing units, introduced in FY20. READ MORE

tax taxation


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11:49 AM

Why is China turning its back to gold jewellery? Chris Wood explains

In dollar terms, gold prices hit $2,331/oz at the end of H1-CY24, according to WGC data, rising 12.1 per cent during this period. READ MORE

Gold, Gold jewellery

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11:39 AM

ALERT:: Sensex hits new high, up over 450 points

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11:33 AM

ICICI Bank share price target: Stock should re-rate post Q1, say analysts

ICICI Bank share price target after Q1 2024 results: Driven by steady quarterly results in the June quarter of financial year 2024-25 (Q1FY25), analysts expect ICICI Bank stock to re-rate in months ahead with up to 20 per cent returns likely over the next 12 months. READ MORE

ICICI Bank

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11:23 AM

Sanofi India stock falls 2% on weak June quarter results; profit falls 16%

The fall in the share price came after the pharmaceutical company reported a weak set of June quarter of financial year 2025 (Q1FY25) results. READ MORE

pharma medicine drugs


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11:10 AM

Bandhan Bank stock price surges 12% on healthy June quarter earnings

While Bandhan Bank in its FY24 annual report said that the Bank will continue to focus on retaining its strength in the microfinance market, it will ensure that the agenda of diversification of the asset book is on track. Bandhan Bank will grow Housing Finance, Retail Assets and SME Lending to a larger share. The share of secured assets will also continue to increase. READ MORE

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First Published: Jul 29 2024 | 6:59 AM IST

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