After Bell Market Wrap-up: 9th July 2021

9 Jul 2021  Read 894 Views

Today is yet another day in the red. With nearly 20 stocks ending in red, the Sensex closed at 52,386.19. Nifty lost 38.10 points and ended at 15,689.80.

Major sectors such as Bank, IT and AUTO ended in the red with banks being the biggest hit. Metals, FMCG, Realty and Pharma gained ending in the green. That's not it! From Sanofi to Blue Star, a lot made it to the news today. And let's catch up on some of them, shall we?

A snippet of the markets today

  • After winning a contract worth Rs 400 crores from the Kerala State Electricity Board Limited (KSEBL), Tata Power traded high in Dalal Street.

  • Sanofi India and GSK received approval to carry on their clinical study in India. However, the shares ended in red

  • Following Blue-star chairman’s optimistic outlook about the second quarter, sales made the shares trade up and end at 860.

  • GR Infra IPO got subscribed 102 times on the last day.

  • Ashoka Buildcon received a letter of Award that sums up to 482.3 crores for IRCON International

Index performance

Index

Closing price

% change

Index 50

15,689.80

-0.24

Nifty Bank

35,071.95

-0.57

Nifty FMCG

36,184.40

+0.01

Nifty Metal

5,273.60

+1.99

Nifty Pharma

14,360.20

+0.64

Sensex

52,386.19

-0.35

Nifty realty 

366.15

+2.38

 

Stocks in the news

Here’re a few stocks that were in the news today:

 

Quarterly results of companies

Here’re a few companies that announced their quarterly results today: 

 

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)

Wrapping up...

The Asian and American markets ended in the red. Major Crypto also ended in red following the industry cues. Bitcoin was down by 1% and the entire market was down by approximately 4%. India Vix, the fear gauge, ended at 12.94 today.

As a whole, not a great day for markets today! But let’s hope the weekend boosts the market’s optimism.

See you on Monday…

Happy Weekend!

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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