After Bell Market Wrap-up: 5th July 2021

5 Jul 2021  Read 362 Views

Despite mixed sentiments in the global market, Domestic indices witnessed a gap opening. Sensex jumped 395 points to touch 52,880 while Nifty, with a gain of around 112 points, stood at 15,834.  

Monday has been a rejoicing day in the markets. Most of the stocks, including 29 of the Sensex stocks except Dr Reddy's, opened green. Nifty gained by 0.71% roughly. IT sector stocks traded low, Reality, Bank and metal gained momentum in today’s trade. Further, Midcap gained about 1% following a considerate rise in small caps.

But that's not it!

A snippet of today's markets

  • Sterlite power transmission of Vedanta is aiming to float its shares this year. The grey market seems to be super welcoming about its IPO.

  • D-mart shares saw a sharp rise mid-day following the quarterly results. Its revenue rose by 31.3% at Rs 5,031.75 crores.

  • Anant Ambani took the chair as the director of O2C, where Saudi Aramco is expected to be playing a crucial role as an investor.

  • The optimistic outlook from Godrej Consumer over the sales gave a boost to the shares.

  • India pesticides lists at approximately Rs 360. This is 21% more than the IPO price.

  • Marico traded up by 2% upon news of a 30% increase in its business in the previous quarter.

Indices today

Indices

Closing price

% Change

Sensex

52,880.00

+0.75

Nifty

15,834.35

+0.71

Nifty Auto

10,746.45

+0.57

Nifty IT

28,950.60

-0.20

Nifty Pharma

14,528.50

-0.01

Nifty Media

1,820.50

+0.85

Nifty Bank

35,212.00

+1.16

 

Stocks in news

Here are a few stocks that were in news today:

Quarterly results of companies

 

Top gainers of the day

Here're a few companies that gained the most today:

(Source: Ticker Top Gainers)

Top losers of the day

Here're a few companies that lost the most today:

(Source: Ticker Top Losers)

To sum up

The Asian markets ended up mixed. China’s action of taking down its leading app Didi seemed to be triggering a downfall in the markets. However, Wall Street posted a record-touching number following the job data showcasing a more robust number jumping beyond the investor’s expectations. The domestic market finally regained investor hope as it went on a good run today.

That’s it for today. See you tomorrow…

Happy Investing!

About the Author: Varishika Dinesh | 136 Post(s)

Varishika is on the verge of successfully completing B.Com. Nothing excites her more than reading books and watching movies. Business, finance, economy? You have her attention.

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