Sensex 80,604.65▼ 0.91%
Nifty 24,530.90 ▼ 1.09%
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NIFTY 50 24,530.90 −269.95 today |
BSE SENSEX INDEXBOM: SENSEX 80,604.65−738.81 today |
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Nifty 50 has fallen between 1% and 2% about 99 times in the last 5 years.
- Nifty 50 stocks were falling since the start of the day.
- There were some short upward movements in between — like at 9:29 AM.
- But overall, Nifty 50 fell over 1%.
- Metal stocks fell around 4% today. All sectors were down.
- Global markets: most big markets around the world were down too.
↑ Top Gainers NIFTY 50
Infosys Rs 1,792.95▲ 1.99%
ITC Rs 474.55▲ 0.91%
Asian Paints Rs 2,946.05▲ 0.49%
Britannia Rs 5,877.95▲ 0.11%
LTIMindtree Rs 5,762.75▲ 0.10%
↓ Top Losers NIFTY 50
Tata Steel Rs 157.77 ▼ 5.16%
BPCL Rs 303.80 ▼ 4.51%
JSW Steel Rs 889.45 ▼ 4.51%
Hindalco Rs 663.00 ▼ 3.91%
ONGC Rs 319.65 ▼ 3.63%
- Companies and various services worldwide were impacted today due to outages affecting Microsoft 365 apps and services.
- India’s forex reserves rose by $9.69 billion in a week to reach a new all-time high of $666.85 billion as of 12 July.
- For Netflix, India ranked 2nd in terms of paid net subscriber additions globally and 3rd in revenue percentage growth in the April-June quarter.
- Domestic natural gas usage in India rose 3.8% year-on-year in the April-June quarter. Domestic production rose 5.7%, and imports rose 0.6%: Ministry of Petroleum and Natural Gas.
- Sanstar IPO was subscribed 4.16 times on day 1. Retail subscription: 4.07 times. Open till 23 July.
Stocks Updates
- JSW Steel: net profit fell 63.86% year-on-year to Rs 845 cr in the April-June quarter.
- Airtel: got a multi-year contract from the Central Board of Direct Taxes (CBDT).
- Wipro: net profit rose 4.64% year-on-year to Rs 3,003.3 cr in the April-June quarter.
- BPCL: net profit fell 73.30% year-on-year to Rs 2,841.55 cr in the April-June quarter.
- Vedanta: Vedanta Resources got control of the Konkola Copper Mines in Zambia after 5 years. The company paid $245.75 million for the clearance.
- UltraTech: net profit rose 0.48% year-on-year to Rs 1,696.59 cr in the April-June quarter.
- Tata Power: got projects for 100% solarisation of central, state, and UT government buildings under PM Surya Ghar Yojana by Dec 2025. It will be done by Tata Power Renewable Energy and NHPC Renewable Energy.
- One97 (Paytm): net loss increased 134.99% year-on-year to Rs 838.9 cr in the April-June quarter.
Word of the Day
52-week low
It is the lowest value of a stock in the past 52 weeks (1 year).
A year usually consists of 52 weeks.
Say a stock is currently priced at Rs 100, and on some day in the past 1 year, it touched its lowest value of Rs 40.
Therefore, Rs 40 = its 52-week low value.
You will find this value on many investment platforms.
Similarly, a stock’s highest value in the last 1 year is called its ’52-week high’ value.
Contra funds:
They invest in stocks using a contrarian approach — as in, they invest in stocks based on an approach that is opposite to whatever the markets are doing.
Sectoral funds:
They invest in stocks that belong to a certain sector or theme only. Example: logistics sector, pharmaceutical sector, etc.
Focused funds:
These mutual funds invest in a max of 30 stocks at any time. They try to have a less-diversified and more focused approach towards buying stocks.
1 Day Change
10g Gold Rs 73,460 ▼ 1.22%
1kg Silver Rs 89,370 ▼ 3.15%
USD-INR Rs 83.64/USD ▲ 0.00%
Dow Jones 40,665.02 ▼ 1.29%
Nasdaq 17,871.22 ▼ 0.70%
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A fall in the USD INR rate indicates that the Rupee is getting stronger as compared to the US dollar, hence it is presented in green. A rise represents weakening of the Rupee as compared to the US dollar, hence it is shown in red.
Long Term Returns Past 20 yrs
Sensex ▲14.94% p.a.
Nifty ▲ 14.73% p.a.
Dow Jones ▲ 7.19% p.a.
Nasdaq ▲ 11.91% p.a.
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Returns in INR for Sensex & Nifty and in USD for Dow Jones & Nasdaq – not directly comparable
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