Stock Market Daily Updates

Stock Market Recap: Media and Oil & Gas Lead Gains

In a positive turn of events, all sectors closed in the green in yesterday’s stock market. Notably, media and oil & gas stocks saw the most significant gains, contributing to the overall market optimism.

Asian Markets: Mixed Fortunes

Asian markets displayed a mixed performance, with South Korea, Japan, and Taiwan closing in the red. In contrast, China and Hong Kong witnessed upward movements, adding to the regional market dynamics.

Top Gainers in NIFTY 50

The NIFTY 50 index showcased robust performance with the following top gainers:

  • BPCL: Rs 449.55 (▲ 2.30%)
  • Power Grid: Rs 232.35 (▲ 2.29%)
  • Britannia: Rs 5,059.60 (▲ 2.11%)
  • HDFC Bank: Rs 1,686.70 (▲ 1.79%)
  • Hindalco: Rs 556.25 (▲ 1.47%)

Top Losers in NIFTY 50

However, some stocks faced declines, including:

  • Bajaj Auto: Rs 6,246.35 (▼ 1.86%)
  • Bajaj Finance: Rs 7,367.15 (▼ 1.69%)
  • Axis Bank: Rs 1,095.40 (▼ 1.34%)
  • HCL Tech: Rs 1,422.05 (▼ 1.24%)
  • Cipla: Rs 1,221.85 (▼ 1.16%)

Key Developments in Other Sectors

  • AEPC’s Free Trade Agreement with Oman: The Apparel Export Promotion Council announced the initiation of a free trade agreement with Oman, potentially impacting the apparel industry positively.
  • Idle Planes in Indian Airports: Approximately 164 planes are currently grounded at 15 airports in India, with Delhi airport topping the list with 64 idle planes.

Stocks in the Spotlight

Several stocks made headlines:

  • Mazagon Dock: Secured a significant order from the Ministry of Defence worth Rs 1,600 crores.
  • AstraZeneca: Plans to launch a breast cancer drug named Enhertu in January 2024.
  • SBI: Aims to finalize a 200 million euro Line of Credit (LoC) agreement with the European Investment Bank (EIB) for climate action projects in India.
  • LIC: Granted a one-time exemption for achieving a minimum 25% public shareholding by May 2032.

IPO Corner

Subscription Details:

  • Happy Forgings: Overall: 82.04 times. Retail: 15.09 times.
  • RBZ Jewellers: Overall: 16.86 times. Retail: 24.74 times.
  • Credo Brands: Overall: 51.85 times. Retail: 19.94 times.
  • Azad Engineering: Overall: 11.11 times. Retail: 11.17 times.
  • Innova Captab: Overall: 1.41 times. Retail: 2.13 times.

Listing Premium:

  • Inox India: 44%

One Day Changes in Key Markets

  • 🥇 Gold: ₹62,451 (▲ 0.10%)
  • 🥄 Silver: ₹75,400 (▲ 0.89%)
  • 💲 USD-INR: ₹83.27/USD (▲ 0.08%)
  • 🇺🇸 Dow Jones: 37,082.00 (▼ 1.27%)
  • 🇺🇸 Nasdaq: 14,777.94 (▼ 1.50%)

Long-Term Returns

Long term return stock market
Long term return stock market

Over the past 20 years:

  • 🇮🇳 Sensex: ▲ 13.55% p.a.
  • 🇮🇳 Nifty: ▲ 13.17% p.a.
  • 🇺🇸 Dow Jones: ▲ 6.59% p.a.
  • 🇺🇸 Nasdaq: ▲ 10.64% p.a.

In summary, yesterday’s stock market showcased positive movements across various sectors, with media and oil & gas taking the lead. The IPO corner witnessed strong subscription numbers, while key developments in individual stocks indicated diverse opportunities and challenges in the market.

Read More Stock Market Daily Updates

10 thoughts on “Stock Market Daily Updates”

  1. Durchsuchen Sie alle von BDM Bet Casino angebotenen Boni, einschließlich jener Bonusangebote, bei
    denen Sie keine Einzahlung vornehmen müssen, und durchstöbern Sie auch alle Willkommensboni, die Sie bei Ihrer ersten Einzahlung erhalten werden. Casinos bieten auch
    Werbeaktionen wie Treueprogramme, Willkommensboni und verschiedene Bonuscodes
    an. Aus diesem Grund bitten wir alle Spieler dringend, diese Tatsache im Hinterkopf
    zu behalten, vor allem dann, wenn sie nach einem Online Casino suchen, in dem sie sorgenfrei
    spielen können. Casino Bdm Bet bietet eine einzigartige Spielerfahrung mit einer Vielzahl an spannenden Spielen, schnellen Auszahlungen und
    exklusiven Boni.
    Melden Sie sich jetzt an und beginnen Sie Ihr Abenteuer mit unseren fantastischen Spielen, spannenden Sportwetten und großzügigen Boni.
    Egal, ob Sie hier für die neuesten Casino-Spiele, aufregende Sportwetten oder exklusive Turniere sind, wir haben alles.
    Bei BDMBet widmen wir uns dazu, Ihnen das ultimative Online-Gaming-Erlebnis zu bieten.

    References:
    https://online-spielhallen.de/ihr-umfassender-leitfaden-zum-lemon-casino-promo-code/

    Reply
  2. To claim a bonus at Royal Reels Casino, Australian players need to register an account, make an eligible deposit, and opt-in for
    the specific promotion. Australian players often praise Royal Reels for
    its diverse game selection, secure payment methods, and reliable customer service.
    Royal Reels is known for offering generous bonuses tailored to Australian players.

    Royal Reels Casino supports multiple payment methods suitable for Australian players,
    including instant deposits and fast withdrawals.

    Through the use of advanced RNG technology, every
    action and outcome is completely random and fair, ensuring a transparent and
    trustworthy gameplay. The Vegas-inspired gaming atmosphere
    at Royal Reels Casino creates an electrifying environment that
    captures the thrill and excitement of playing in a luxurious land-based casino.
    Explore what sets Royal Reels Casino apart from the rest – its
    safety and legitimacy, bonus offerings, payment options,
    and how to contact customer support. Ensure online gambling is legal in your
    jurisdiction before playing. We consistently strive to
    be the best destination for Australian players. Our commitment to safe online gambling is backed by a valid
    gambling license, potentially from a respected authority like Curacao Gaming, which
    ensures a secure environment.
    This offer is spread over your first few deposits, making it easier to enjoy more games with extra
    chances to win. If you’re new to the platform, you’re in for a treat with one of the
    most generous welcome packages available
    to Aussie players. So, if you’re ready to play like royalty and
    discover one of the most talked-about online casinos in Australia, stay with us – you’re in for a treat.

    Take advantage of exclusive cruise-planning perks like discounted rates for
    family and friends, special offers with land-based casinos and even an annual complimentary cruise.
    Members receive exclusive offers, and access to special events
    and promotions. However, certain restrictions apply, ensuring compliance with international gambling regulations.

    References:
    https://blackcoin.co/33_best-high-roller-slots_rewrite_1/

    Reply
  3. It wasn’t until now that I had to test it extensively and compare it with other Australian online
    casinos for real money to give it a proper ranking.
    There are no laws in place that prevent Australians from signing up at offshore casino sites and playing real money games.

    This law affects companies within the country, meaning that online casinos licensed in other jurisdictions outside of Australia
    can still accept Australian players. You’ll also want to double-check the
    bonus terms as many AU online casinos won’t apply promos
    if you deposit this way.
    The welcome bonus is usually given to new players when they make their first deposit.
    These bonuses are designed to attract new
    players and keep current players coming back. We look
    for casinos that offer a smooth mobile experience with
    easy navigation and a user-friendly interface.
    We recommend sites that offer thousands of
    different games, ensuring you always have something new
    to try. We look at the types of bonuses a casino offers, if they’re worth getting,
    and the number of promotions they have.
    These attempt to replicate the feel of a physical casino table and are streamed in real time.
    The game’s pace is fast, and the rules are simple; you can bet on the
    banker, the player, or a tie. There’s less
    swiping and more control, which is really useful if you’re checking out promo details or toggling between live
    dealer rooms. The top platforms all load fast, keep it simple, and let you
    jump between games without any lag.

    References:
    https://blackcoin.co/kangaroo88-casino-a-decade-of-winning-experience/

    Reply

Leave a comment