Stock Market Recap: PSU Banks and Auto Stocks Lead Gains, Global Markets Rally
In yesterday’s stock market action, PSU (Public Sector Undertaking) banks and auto stocks emerged as the top performers, showcasing robust gains. Meanwhile, the oil & gas sector was the sole contributor to the red close on the Indian stock exchange. Let’s delve into the details of the market movements and key highlights from various sectors.
Table of Contents
Domestic Market Highlights
PSU Banks and Auto Stocks Shine
PSU banks and auto stocks stole the spotlight, registering significant gains. The NIFTY 50 index mirrored the positive sentiment, closing in the green. However, the oil & gas sector faced headwinds, ending the day on a negative note.
Top Gainers and Losers
Top Gainers:
- Hindalco (Rs 605.60): Surged by 4.44%
- UltraTech (Rs 10,436.10): Advanced by 4.17%
- Bajaj Auto (Rs 6,709.65): Rose by 3.79%
- Tata Motors (Rs 740.90): Up by 2.97%
- JSW Steel (Rs 875.90): Gained 2.77%
Top Losers:
- NTPC (Rs 306.05): Declined by 1.15%
- ONGC (Rs 205.55): Slipped by 0.87%
- Adani Enterprises (Rs 2,843.35): Dipped by 0.77%
- UPL (Rs 583.20): Fell by 0.49%
- Adani Ports (Rs 1,024.40): Decreased by 0.42%
Global Market Overview
Asian Markets and Beyond
Apart from India, all other Asian markets closed positively, contributing to a broader regional upswing. Furthermore, both US and European markets experienced upward trends.
Corporate Developments
Stocks in News
- Dish TV: Shareholders rejected the proposal to appoint four directors.
- Suzlon: Secured an order for supplying 48 wind turbines to Mahindra Susten Pvt. Ltd.
- LIC: Board approved establishing a branch in the International Financial Services Centre, GIFT City, Gujarat.
- Piramal Enterprises: Subsidiary acquired an office space in Mumbai for Rs 875 crore.
- HUDCO: Will invest up to Rs 14,500 crore in housing and urban infrastructure projects in Gujarat.
- ICICI Prudential: Received a tax demand notice of Rs 270 crore for alleged short payment of GST in 2017-18.
- L&T: Construction subsidiary secured a contract for green energy systems in Saudi Arabia.
IPO Corner
Listing Premium
- Happy Forgings: 17.6%
- Credo Brands: 0.8%
- RBZ Jewellers: 0%
Commodity and Currency Update
1 Day Change
- Gold (₹63,353): Increased by 0.34%
- Silver (₹74,999): Decreased by 0.76%
- USD-INR (₹83.32/USD): Rose by 0.17%
- Dow Jones (37,545.33): Advanced by 0.43%
- Nasdaq (15,074.57): Rose by 0.54%
Long-Term Returns
Past 20 Years
- Sensex (India): Annualized return of 13.43%
- Nifty (India): Annualized return of 13.28%
- Dow Jones (US): Annualized return of 6.67%
- Nasdaq (US): Annualized return of 10.99%
The market’s positive momentum, driven by robust performances in PSU banks and auto stocks, resonated both domestically and globally. While PSU banks and auto stocks stole the limelight, various corporate developments and commodity updates added depth to the day’s financial landscape. Investors continue to monitor market trends, seeking opportunities amid dynamic conditions.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
World Casino Expert ist eine moderne Spieleseite mit kostenlosen Casino-Glücksspielen. Wir empfehlen dringend, in lizenzierten Casinos zu spielen, die von bekannten Online-Glücksspielaufsichtsbehörden wie
der Regierung von Curacao, der Malta Gaming Authority und
der britischen Glücksspielkommission zugelassen sind.
Wenn Sie sich entscheiden, um echtes Geld zu spielen. Visa
ist weltweit eine beliebte Wahl für Spieler, die mit echtem Geld spielen möchten, und wird von zahlreichen Online-Casinos akzeptiert.
MasterCard ist die beliebteste und legale Zahlungsmethode für deutsche Spieler,
die in Online-Casinos um echtes Geld spielen.
Verwendest Du den Bonuscode, erwarten Dich 150 Prozent Einzahlungsbonus bis 300 € sowie
50 Freispiele.
Die Mindesteinzahlung beträgt 20€, und der maximale Auszahlungsbetrag
ist auf das 5-fache deines Bonusbetrages limitiert.
Der umsatzfreie Krypto-Bonus bietet dir 200% bis 200€ auf deine 1.
Diese Boni unterliegen einer 40-fachen Umsatzanforderung
mit Slots und Games.Horus bietet laut unserem
Test auch einen Bonus mit Krypto an. Das erste Willkommenspaket bietet einen umsatzfreien 250% Bonus bis zu 1.000€,
für deine ersten 3 Einzahlungen. Neben der wahnsinnigen Anzahl an Titeln profitiert man auch von einem Online-Support rund
um die Uhr (inkl. Live-Chat) und einem Willkommensbonus, der zu den tollsten auf dem
Markt gehört. Das Horus Casino erhebt den Mindesteinzahlungsbetrag 20 €, während die Obergrenzen pro Transaktion bei den unterstützten Zahlungsprozessoren variieren.
Das Horus Casino bietet ein attraktives Willkommenspaket für neue Casinospieler, die
gerne den maximalen Bonus in Anspruch nehmen. Diese passen ideal zur Aktivierung des
Horus Casino Willkommensbonus ohne Umsatz bis zu 1.000€ und 125 Freispielen.
Du kannst Eye of Horus kostenlos spielen, und zwar in allen Casinos, die diesen Slot anbieten. Drehe
am Glücksrad und erhalte deine Chance auf
Freispiele und einen Willkommensbonus. Du kannst über
den Browser deines Handys oder Tablets spielen. Ja, zum Üben – oder einfach nur zum Vergnügen – kannst du auf unserer Seite Eye of Horus gratis spielen.
References:
https://online-spielhallen.de/maximale-vorteile-mit-ihrem-smokace-casino-aktionscode/
Reading your article helped me a lot and I agree with you. But I still have some doubts, can you clarify for me? I’ll keep an eye out for your answers.
Your new AI coworker that takes care of the busywork for you
– no matter your role. We’ve also got toilets onboard, as well as power outlets.What’s more, you
get a generous luggage allowance when you travel with FlixBus
with one carry-on bag and one checked bag, so you can bring everything you need for your
trip. Most of our buses have onboard Wifi so you can catch up on your favorite shows, chat with your friends or listen to music and podcasts.
Need easy access to the toilet or a table to get on with some work
whilst traveling? It couldn’t be easier to book your travel from Sydney to Canberra
with FlixBus – and when you book in advance, you can save money too!
For other payment options a percentage based fee applies, capped at a maximum per passenger of $22 for Domestic or $120 for International
travel.
If you are a qualified language translator, we’ll be happy to have you on our translator team.
You can easily access Translate.com’s powerful
platform to translate your website content or a ticket in a no-hassle
environment. The entire workflow is fully automated with an intuitive API, ensuring timely delivery and content adaptation.
References:
https://blackcoin.co/free-slots-play-32178-online-slot-games-no-download/
These are a great option if you’re looking for high RTP
games (some are over 99%), but they do require knowledge and
skill to play. This means the games are randomised, and you’re playing against a computer.
The choice of game providers is also relevant, as some, like BGaming, are known for high RTP slots, while others,
like Pragmatic Play, focus on bonus games and high volatility.
You collect these by depositing and wagering, and you get extra perks or bonuses in return. We personally do not
use AI for these documents, but I think it’s the best way
for an inexperienced player to do it.
Ignition is an online casino site that will tickle your fancy whether you’re a poker player
looking for high-quality tournaments or a crypto fan looking for swift transactions and a great
Bitcoin casino. Also, explore the variety of
games and bonuses available, and carefully review the bonus terms and conditions.
This helps us maximise our gaming experience while giving us a better understanding of
how to use bonuses effectively. We often take advantage of a
part of the welcome bonus before diving into our casino testing,
and we also keep an eye out for any existing deposit or free spins bonuses
that come our way. There are ways to play for free
or for fun, but when it comes to real money gambling in Australia, you have to settle for one or multiple payment options.
BC.game should be commended for providing an improved selection of bonuses and promos.
In the beginning, it only offered a few of internally developed games that were provably fair.
Interestingly, you don’t have to play these games on your computer.
Simply tap the Demo icon on your favorite game to play free Bets.io games.
References:
https://blackcoin.co/mystake-casino/
casino sites that accept paypal
References:
http://jinbang.co.kr/bbs/board.php?bo_table=free&wr_id=166
online casino accepts paypal us
References:
https://i-medconsults.com/companies/10-best-online-casino-real-money-sites-in-usa-for-2025/
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?