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Market Recap 14-06-2024

Sebencapital

Published
14/06/24
Market Recap 14-06-2024|sebencapital


Indian Indices

I) Nifty: opened at 23465 and touched a high of 23490 then a low of 23334 and closed at 23465 with a total of +66 points in Positive.

II) Bank Nifty: open 49993 and touched a high of 50102 then a low of 49693 and closed at 50002 With a total of + 155 points Positive.

III) Fin Nifty: open 22364 and touched a high of 22446 then a low of 22250 and closed at 22411 With a total of + 115 points in Positive.

IV) Nifty Mid Select: open 11976 and touched a high of 12064 then a low of 11950 and closed at 12053 With a total of + 105 points in Positive.


NSE Advance and Decline



Nifty 500 Top Gainer

BEML - The target price for BEML is Rs 4,520, which is an upside potential of 15%.The stock is well-positioned for sustained long-term growth due to factors like significant capital expenditure in India's railway and defense sectors and promising opportunities in the modernization of defense vehicles.

MAZAGON DOCK - After the polling day crash mazagon has witness a good bull run.


Nifty 500 TOP LOSER

Sanofi India were 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. The stock has gained 11 per cent from its opening level of Rs 5,850 (adjusted for the demerger) on the BSE, data shows. In the past one month, it has zoomed 62 per cent and is trading at its record high level.

Usha Martin Edu Consolidated March 2024 Net Sales at Rs 0.22 crore, up 122.21% Y-o-Y


Sectoral Performance


Outperforming stocks vs nifty 500 over 1 week


Underperforming Stock vs Nifty 500 over 1 week


Stock With Rising Volume


Headlines

Sanofi India were 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. The stock has gained 11 per cent from its opening level of Rs 5,850 (adjusted for the demerger) on the BSE, data shows. In the past one month, it has zoomed 62 percent and is trading at its record high level.

BEML - The target price for BEML is Rs 4,520, which is an upside potential of 15%.The stock is well-positioned for sustained long-term growth due to factors like significant capital expenditure in India's railway and defense sectors and promising opportunities in the modernization of defense vehicles.


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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