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Market Recap 12-07-2024

Sebencapital

Published
12/07/24
Market Recap 12-07-2024


Indian Indices

I) Nifty: opened at 24387 and touched a high of 24592 then a low of 24331 and closed at 24502 with a total of + 186 points in Positive

II) Bank Nifty: open 52272 and touched a high of 52794 then a low of 52171 and closed at 52278 With a total of + 8 points Positive

III) Fin Nifty: open 23606 and touched a high of 23819 then a low of 23553 and closed at 23604 With a total of + 4 points in Positive

IV) Nifty Mid Select: open 12489 and touched a high of 12497 then a low of 12426 and closed at 12459 With a total of + 35 points in Positive


NSE Advance and Decline



Nifty 500 Top Gainer

RailTel Corporation share price: The stock soared 17.53 per cent to hit a high of Rs 611.10. 

Sonata Software's shares have surged by 630% in the last four years, reaching ₹724 per share. In 2023, the stock saw a 163% gain, finishing 11 out of 12 months positively. Dalal& Brocha Stock Broking has initiated coverage on the stock with a 'buy' rating, setting a target price of ₹919.


Nifty 500 TOP LOSER

Macrotech Developers is trading -5.24% lower at Rs 1,395.45 as compared to its last closing price. Macrotech Developers has been trading in the price range of

IOCL final dividend 2024 record date: On April 30, the Maharatna PSU recommended a final dividend of 70 per cent for the year 2023-24, i.e., Rs 7.00 per equity share of face value of Rs 10 each on the paid-up share capital.


Sectoral Performance


Outperforming stocks vs nifty 500 over 1 week


Underperforming Stock vs Nifty 500 over 1 week


Stock With Rising Volume


Headlines

Sonata Software's shares have surged by 630% in the last four years, reaching ₹724 per share. In 2023, the stock saw a 163% gain, finishing 11 out of 12 months positively. Dalal& Brocha Stock Broking has initiated coverage on the stock with a 'buy' rating, setting a target price of ₹919.


Written by devesh gupta

I am Devesh Gupta, a Junior Analyst at Seben Capital, where I specialize in finance with a focus on market research and data analysis. I support investment decisions by translating complex financial data into actionable insights. My role at Seben Capital allows me to contribute significantly to our investment strategies, leveraging my analytical skills to drive success.

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