After Bell Market Wrap-up: 30th June 2021

30 Jun 2021  Read 493 Views

Volatility was rife today. A great start in Asian markets did trigger a good opening in India, which was later overturned by the negativity in European markets.

The stock markets in the last couple of days have been reacting largely to the 4th quarter results released by various companies. And today, was no exception. The market did start on a great note. The selling pressure was majorly seen in financial stocks.  The later hours were rough and the market did close on the lower, for the third time in a row! The rupee value fell by 9 paise to close at Rs.74.32 by the end of the trading session.

Significant updates for the day

  • In the opening trades, Sensex was up by 185 points, whereas Nifty opened at 15,800.

  • More than 900 companies, including SpiceJet, Zenith Exports, Vodafone Idea Dish TV India, etc., released their quarterly results today. 

  • As of June 29th, Foreign institutional investors (FIIs) net bought shares worth Rs 116.63 crore, while domestic institutional investors (DIIs) net purchased shares worth Rs 1,810.05 crore.

  • Reliance Industries Limited and ADNOC join hands to set up a petrochemical project in Abu Dhabi.

Here are some companies that were in the news today:



Quarterly results of companies

Here’re the Q4 results of a few companies that were released today:



Index performance


Previous close

Closing price

Change %









Nifty bank




Nifty PSU Bank




S&P BSE 500




S&P BSE Midcap




Top gainers and losers of the day

Indian Overseas Bank and Central Bank of India stocks shot up by more than 6%, as they are the potential banks to be privatized next. Uflex stock prices shot up by around 19% as a result of profits doubling in Q4. Owing to satisfactory Q4 results, stock prices of Vodafone Idea, Suzlon Energy & GIC witnessed a rise. Reliance Industries Limited stock prices rose by more than 1% after signing an agreement with ADNOC.

Stock prices of IRCTC dropped by around 3% as the Q4 results weren’t as satisfactory. For similar reasons, Kitex Garments also witnessed a drop in its prices by about 10% in the early hours.

Companies that gained the most today:

Companies that lost the most today:

Wrapping up...

The European markets were down by 1% today, leading to Indian markets witnessing high volatility in the last few hours of the day. The markets ended in the RED. The sector that benefitted today was IT, and sectors that underperformed were FMCG, PSU Banks, financial services, among others.

The crypto market witnessed a rise in bitcoin by over 3%, Ethereum by around 2%, and Dogecoin by about 1%.

That’s it for today. See you tomorrow…

Happy Investing!

About the Author: Kaveri Iyer | 54 Post(s)

Kaveri is currently pursuing a Master of Commerce specializing in Applied Finance. the Varied areas of interest include finance, music, literature, psychology and metaphysics. She loves the art of storytelling and has an unquenchable thirst for knowledge.

Liked What You Just Read? Share this Post:

Finology Blog / Stock Market Concepts / After Bell Market Wrap-up: 30th June 2021

Wanna Share your Views on this? Comment here: