Share Market Pre Open Updates – April 9, 2024

On April 8, 2024,  the Nifty 50 index increased by 0.68% to a new high of 22,666, while the Sensex also rose by 0.67% to a record 74,742. Foreign Institutional Investors sold off stocks worth ₹684 crores. On the other hand, Domestic Institutional Investors bought stocks totalling ₹3,470 crores.

Top Gainers and Losers

On April 8, 2024, sectors like Nifty Auto, Nifty Oil & Gas, Nifty Realty, and Nifty Metal saw increases, while Nifty PSU Bank, Nifty IT, and Nifty Media experienced declines. Today’s top performers were Info Edge, GAIL, Eicher Motors, and Mahindra & Mahindra, while the biggest declines were seen in REC, Varun Beverages, PNB, and Adani Power.

Stocks In The News

Force Motors and Bandhan Bank were in the news on April 8, 2024.

• Force Motors’ shares increased after the release of their production data report. As a result, their stock price rose by 5% and closed at ₹8600.
• Chandra Shekhar Ghosh, CEO of Bandhan Bank, stepped down from his position. Following this news, Bandhan Bank’s share price fell by 6% and closed at ₹185.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.