Stock Market Daily Updates

Stock Market Highlights: Top Gainers, Top Losers, and More

In the ever-changing world of the stock market, it’s important to keep an eye on the winners and losers of the day. Here’s a breakdown of today’s top gainers and losers, along with some key news and trends:

Stock Market Top Gainers:

1. L&T: Larsen & Toubro saw a gain of 2.26%, with its stock price at Rs 3,096.05.
2. Bajaj Auto: Bajaj Auto had a good day, rising by 1.88% to reach Rs 5,011.05.
3. Titan: Titan Company gained 1.57%, closing at Rs 3,216.50.
4. TCS: Tata Consultancy Services (TCS) had a positive day, with a 1.46% increase, reaching Rs 3,589.35.
5. Infosys: Infosys closed with a 1.43% gain, with its stock price at Rs 1,463.45.

Stock Market Top Losers:

1. Power Grid: Power Grid Corporation experienced a slight decline of 1.21%, closing at Rs 196.60.
2. Hindalco: Hindalco Industries saw a minor drop of 0.60%, with its stock price at Rs 470.55.
3. NTPC: NTPC had a small decrease of 0.55%, closing at Rs 233.85.
4. Tata Consultancy Services: Tata Consumer Products (Tata Cons) saw a slight dip of 0.53%, closing at Rs 860.20.
5. Cipla: Cipla faced a more significant decrease, with a 2.22% drop, closing at Rs 1,161.10.

Also Read Stock Market Daily Updates

Stock Market Stocks in the News:

BCL Industries: The board has approved a 1:10 share split proposa

• NHPC: The Teesta-V hydropower station in Sikkim was temporarily shut down due to a flash flood.
• Bajaj Finance: Plans are in motion to raise Rs 8,800 crore through a Qualified Institutional Placement (QIP).
• TCS: Tata Consultancy Services secured a contract from the Georgia State government (USA) to modernize the unemployment insurance system.
• BHEL: Bharat Heavy Electricals Limited distributed a final dividend of Rs 88 crore to the Government of India for the fiscal year 2022-23.

IPO Corner:

• Subscription: Plaza Wires IPO has been subscribed an impressive 160.98 times, with retail investors subscribing a remarkable 374.81 times.

1-Day Change in Key Assets:

• 🥇 Gold: Gold experienced a minor decline of 0.41% and was priced at ₹56,671.
• 🥄 Silver: Silver also saw a decrease of 0.77%, with its price at ₹67,118.
• 💲 USD-INR: The USD-INR exchange rate inched up by 0.01%, settling at ₹83.25/USD.
• 🇺🇸 Dow Jones: In the United States, Dow Jones had a modest gain of 0.39%, reaching 33,129.55.
• 🇺🇸 Nasdaq: The Nasdaq index performed well with a 1.35% increase, closing at 13,236.01.

Long-Term Returns (Past 20 Years):

• 🇮🇳 Sensex: Sensex in India has shown steady growth, with an annual return of approximately 14.17%.
• 🇮🇳 Nifty: Nifty has been a strong performer, with an annual return of about 13.78%.
• 🇺🇸 Dow Jones: In the United States, Dow Jones has averaged an annual return of around 6.39%.
• 🇺🇸 Nasdaq: The Nasdaq index has performed well, with an annual return of approximately 9.88%.

Stay informed about these market movements to make well-informed investment decisions in the dynamic world of finance.