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Market Recap 13-06-2024

Sebencapital

Published
13/06/24
Market Recap|13-06-2024|seben Capital


Indian Indices

I) Nifty: opened at 23481 and touched a high of 23481 then a low of 23353 and closed at 23398 with a total of +75 points in Positive

II) Bank Nifty: open 50179 and touched a high of 50186 then a low of 49799 and closed at 49846 With a total of - 48 points Negative

III) Fin Nifty: open 22355 and touched a high of 22386 then a low of 22273 and closed at 22296 With a total of + 64 points in Positive

IV) Nifty Mid Select: open 11971 and touched a high of 11996 then a low of 11904 and closed at 11947 With a total of + 55 points in Positive


NSE Advance and Decline



Nifty 500 Top Gainer

Garden Reach Shipbuilders & Engineers Limited was incorporated in February 26 1934 and later on converted into a Public Company on November 17, 2017. 

 Renuka Sugar the government was considering increasing the minimum support price (MSP) of sugar for 2024-25. The current MSP of sugar is Rs 31/kg, while sugar mills are demanding it to increase to Rs 41/kg.

Oracle Financial Services Software stock surged 8% to a new high after parent Oracle Corp's strong earnings and robust guidance for FY25.


Nifty 500 TOP LOSER

Sanofi India was locked in the 5-per cent upper circuit at Rs 6,513.05 on the BSE on Thursday at 01.24 PM as the stock turned ex-date for demerger of consumer healthcare business. 

Marico's stock has shown a strong upward trend since April, gaining 31.60% in less than three months. Sharekhan maintains a 'buy' rating with a target price of ₹775, citing growth pick in rural regions.


Sectoral Performance


Outperforming stocks vs nifty 500 over 1 week


Underperforming Stock vs Nifty 500 over 1 week


Stock With Rising Volume


Headlines

L&T share price gains after bagging a large offshore order from ONGC


Written by Sauravsingh

Techpreneur and adept trader, Sauravsingh Tomar seamlessly blends the worlds of technology and finance. With rich experience in Forex and Stock markets, he's not only a trading maven but also a pioneer in innovative digital solutions. Beyond charts and code, Sauravsingh is a passionate mentor, guiding many towards financial and technological success. In his downtime, he's often found exploring new places or immersed in a compelling read.

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