Share Market News Today | Sensex, Nifty, Share Prices LIVE: The benchmark equity indices ended Monday’s trading session in the positive territory. The NSE Nifty 50 gained 84.35 points or 0.34% to settle at 24,586.50, while the BSE Sensex jumped 145.51 points or 0.18% to 80,664.86. The broader indices ended in mixed territory, with gain led by Largecap and Midcap stocks. Bank Nifty index ended higher by 177 points or 0.34% to settle at 52,445.90. Media and Banking stocks outperformed among the other sectoral indices while IT stocks shed.
GMR Airports Infrastructure, Aditya Birla Fashion & Retail, Balrampur Chini Mills, Bandhan Bank, Chambal Fertilisers and Chemicals, GNFC, Indian Energy Exchange, India Cements, Indus Towers, Piramal Enterprises, and RBL Bank will remain in the F&O Ban on July 15.
Godrej Consumer Products introduced a new mosquito repellent in liquid vapourisers and agarbattis, using an indigenously developed and patented molecule Renofluthrin, on Friday. This is India’s first such molecule, the company said, which in the past would import its molecules for its household insecticides from countries such as Japan.
Foreign institutional investors (FII) bought shares net worth Rs 4,021.60 crore. However, domestic institutional investors (DII) sold shares net worth Rs 1,651.45 crore on July 15, 2024, according to the provisional data available on the NSE.
Avenue Supermarts, which owns and operates the retail chain D-Mart, on Saturday, reported its fiscal first quarter earnings with profit at Rs 773.82 crore, up 17.5 per cent in comparison to Rs 658.71 crore during the same period last year. It posted revenue from operations at Rs 14,069.14 crore, up 18.6 per cent as against Rs 11,865.44 crore recorded during the first quarter of FY24. The company’s EBITDA was up 18 per cent at Rs 1,221.3 crore as against Rs 1,035.3 crore on-year.
WTI crude prices were trading at $81.85 down by 0.40%, while Brent crude prices were trading at $84.70 up by 0.38%, on Monday morning.
HCLTech on Friday posted a near 2% sequential decline in its topline at Rs 28,057 crore in the April-June quarter on the back of weakness in the IT services & engineering and R&D services segments. However, the company’s consolidated net profit rose 7% quarter-on-quarter to Rs 4,257 crore, aided by an increase in other income and a small decline in expenditure.
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading up 0.18% at 104.27 on Monday morning.
US markets on Friday closed higher on the back bets that the US Fed may cut interest rates by September 2024. During intraday, the S&P 500 and Dow Jones touched a fresh record high. The broader market index, the S&P 500, advanced 0.55% to close at 5,615.35. Similarly, the tech-heavy Nasdaq Composite rose 0.63% to settle at 18,398.45. While, the Dow Jones Industrial Average rose 0.62% to end at 40,000.90.