Stock Market Highlights: 31 out of 50 constituent stocks of Nifty50 ended lower, dragged by Wipro, Coal India, ONGC, Hindalco, and LTIMindtree
The fall in Godfrey Phillips shares price came after media reports indicated that the company has finalised the sale of its retail business 24Seven.
The run up in the markets in the past few months has made valuations expensive, analysts said, who now expect the rally to take a breather for the next few months as corporate earnings catch up.
The rise in Dynacons Systems share price came after the company announced that it has bagged an order worth Rs 142.55 crore from Bank of Maharashtra.
The uptick in RPP Infra Projects shares came after the company announced that it has secured an order worth Rs 55.50 crore.
After peaking around the Rs 101 mark in September 2023, the IDFC First Bank stock underwent a significant correction, dropping by 30 points, equivalent to a 29.34 per cent decline from its high.
Starizo is used to treat Acute Bacterial Skin and Skin Structure Infection.
The uptick in share price came after the board of the company fixed September 28 as the 'Record Date' to determine the eligibility of shareholders who are entitled for receipt of Bonus shares.
Shares of integrated fan manufacturing services provider Wonder Electricals have gained nearly 350% in the six months.
The rise in stock price came after the company announced that its subsidiary RMC Green Energy has secured approval from Rajasthan Renewable Energy Corporation to set up a 50 MW RE park in Rajasthan.
The fall in BGR Energy Systems stock price came after the company announced that its contract has been terminated by Jharkhand Urja Sancharan Nigam Limited (JUSNL).
The surge in the stock price followed Techno Electric's announcement of a strategic partnership with IndiGrid.
The drop in the share price came after the company announced that its' arm Eugia Pharma Specialties' Unit-III received a warning letter from United States Food and Drug Administration (USFDA).
The rise in the share price came after the company announced that it has secured an order worth Rs 114.30 crore from Coastal Energen Private Limited.
We are seeing a noticeable strength in paint stocks and Berger Paints is trading in sync with the move.
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Overall, the operating earnings before interest and tax (EBIT) margin improved to 10.6 per cent for Q1FY25 against 7.8 per cent for Q1FY24.
The Nifty FMCG Index is demonstrating a bullish trend in the near term, as indicated by its recent upward movements on the charts.
The uptick in the stock price came after a strong show in the June quarter of financial year 2025 (Q1FY25).
Stock Market LIVE on Friday, August 2, 2024: BSE Sensex opened nearly 700 points lower at 81,158.99 levels while Nifty50 plunged 220 points to 24,789.