Home / Fri 07 Jun 2024 Market Recap
07 Jun 2024: Nifty 50 Closes at ₹23,290.15 (+2.05%), TCS & Procter & Gamble Show Bullish Trends, Nifty 500 Up 1.79%
Show Table of Contents
Table of Contents
- 1: Top Indices Performance Overview
- 2: Nifty 50 Performance Overview
- 2.1: Nifty 50 Top Gainers
- 2.2: Nifty 50 Top Losers
- 2.3: Nifty 50 Stocks To Watch for Tomorrow
- 2.3.1: ➲ TCS (Bullish Pattern)
- 2.3.2: ➲ Tata Consumer Products (Bearish Pattern)
- 3: Nifty 500 Performance Overview
- 3.1: Nifty 500 Top Gainers
- 3.2: Nifty 500 Top Losers
- 3.3: Nifty 51 to 500 Stocks To Watch for Tomorrow
- 3.3.1: ➲ Procter & Gamble (Bullish Pattern)
- 3.3.2: ➲ Anupam Rasayan (Bearish Pattern)
- 4: Top Stocks That Created a New All Time High Today
- 4.1: Top Large Cap Stocks That Created a New All Time High Today
- 4.2: Top Mid Cap Stocks That Created a New All Time High Today
- 4.3: Top Small Cap Stocks That Created a New All Time High Today
Top Indices Performance Overview
| Stock | Close | Range |
|---|---|---|
| NIFTY 50 | ₹23,290.15 (2.05%) | ₹22,789.05 – ₹23,320.19 |
| NIFTY BANK | ₹49,803.19 (1.03%) | ₹49,080.44 – ₹49,943.19 |
| NIFTY FIN SERVICE | ₹22,165.8 (1.23%) | ₹21,814.44 – ₹22,224.94 |
| NIFTY IT | ₹35,169.89 (3.36%) | ₹34,256.3 – ₹35,248.1 |
| NIFTY AUTO | ₹25,020.19 (2.55%) | ₹24,282.4 – ₹25,043.34 |
| NIFTY ENERGY | ₹40,283.3 (2.39%) | ₹39106 – ₹40,350.75 |
Nifty 50 Performance Overview
The Nifty 50 commenced its trading day at ₹22,821.84. The index navigated a range of ₹22,789.05 to ₹23,320.19, finally concluding the session at ₹23,290.15, a +2.05% gain from its opening price.
The table below presents the major gainers and losers that influenced the Nifty 50’s movement today.
Nifty 50 Top Gainers
| Stock | Close | Range |
|---|---|---|
| Mahindra & Mahindra | ₹2,857.44 (5.83%) | ₹2,668.35 – ₹2,867.6 |
| WIPRO | ₹484.54 (5.1%) | ₹468.29 – ₹486.39 |
| Tech Mahindra | ₹1,377.59 (4.56%) | ₹1327 – ₹1381 |
| Infosys | ₹1,533.59 (4.16%) | ₹1,477.25 – ₹1,539.69 |
| UltraTech Cement | ₹10,463.15 (4.05%) | ₹9965 – ₹10505 |
Nifty 50 Top Losers
| Stock | Close | Range |
|---|---|---|
| SBI Life Insurance | ₹1,425.84 (-1.18%) | ₹1420 – ₹1440 |
| Tata Consumer Products | ₹1,135.65 (-0.38%) | ₹1,131.58 – ₹1149 |
| Bajaj Auto | ₹9,725.54 (0.24%) | ₹9615 – ₹9,740.09 |
| Hindalco | ₹680.34 (0.41%) | ₹672.45 – ₹687 |
| Britannia | ₹5,463.54 (0.42%) | ₹5395 – ₹5470 |
Nifty 50 Stocks To Watch for Tomorrow
➲ TCS (Bullish Pattern)
- Performance Overview: TCS has closed in green 13 times and in red 14 times in the past 27 trading sessions.
- Recent Trend: TCS has been on a 5-day green streak, without a single day closing in red since Fri 31 May 2024.
- Returns: TCS has given 3.06% returns in the last 27 trading sessions, which means that an investment of ₹10,000 would have become ₹10,306.
- Financial Insight: Over the past 12 months, TCS has reported a revenue of ₹2,40,893 Crore and created a profit of ₹45,908 Crore.
- As of Fri 07 Jun 2024, TCS has a Market Capital of ₹14,08,686.04 Crore.
- Summary: TCS exhibits a robust bullish pattern. Investors should monitor its price movements for both short-term and long-term growth prospects: Checkout TCS Target for Tomorrow and TCS Targets for 2024 & 2025.
TCS Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 14,08,686.04 Crore | Market valuation of TCS’s shares. |
| Revenue (TTM) | 2,40,893 Crore | Total revenue generated by TCS over the past twelve months. |
| Net Income (TTM) | +45,908 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 25.99% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 19.05% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +3.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +9.1% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 8.78 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 8,021 Crore | Sum of TCS’s current & long-term financial obligations. |
| Total Cash | 44,100 Crore | Total amount of liquid funds available to TCS. |
| Beta | 0.51 | Beta is less than 1 indicating that the TCS’s price is less volatile than the market. |
➲ Tata Consumer Products (Bearish Pattern)
- Performance Overview: Over the past 27 trading sessions, Tata Consumer Products has closed in red 14 times and in green 13 times.
- Recent Trend: Tata Consumer Products has been on a 2-day red streak, without a single day closing in green since Wednesday, 05 June 2024.
- Returns: Tata Consumer Products provided a 1.94% return in the last 27 trading sessions; an investment of ₹10,000 would have grown to ₹10,194.
- Financial Insight: In the past 12 months, TCS has generated a revenue of ₹15,205.84 Crore and a profit of ₹1,150.32 Crore.
- As of Friday, 07 June 2024, TCS has a Market Capital of ₹1,06,484.01 Crore.
- Summary: Tata Consumer Products is currently experiencing a bearish phase. We advise investors to monitor the stock closely, particularly the Tata Consumer Products Target for Tomorrow and Tata Consumer Products Targets for 2024 & 2025.
Tata Consumer Products Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,06,484.01 Crore | Market valuation of Tata Consumer Products’s shares. |
| Revenue (TTM) | 15,205.84 Crore | Total revenue generated by Tata Consumer Products over the past twelve months. |
| Net Income (TTM) | +1,150.32 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 12.85% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 7.56% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +8.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -19.3% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 19.94 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 3,477.22 Crore | Sum of Tata Consumer Products’s current & long-term financial obligations. |
| Total Cash | 2,702.98 Crore | Total amount of liquid funds available to Tata Consumer Products. |
| Beta | 0.49 | Beta is less than 1 indicating that the Tata Consumer Products’s price is less volatile than the market. |
Nifty 500 Performance Overview
The Nifty 500 opened the day at ₹21,390.19. Throughout the session, it experienced fluctuations, hitting a low of ₹21,333.5 and reaching a high of ₹21,781.34, before finally settling at a close of ₹21,764.15 (+1.86%).
The below table containing the top gainers and losers stocks that influenced today’s Nifty 500 movement.
Nifty 500 Top Gainers
| Stock | Close | Range |
|---|---|---|
| IIFL Finance | ₹470.5 (13.59%) | ₹415.2 – ₹478.14 |
| Tejas Networks | ₹1,284.83 (10.68%) | ₹1,161.15 – ₹1,305.3 |
| Praj Industries | ₹590.4 (10.29%) | ₹535 – ₹598.2 |
| One 97 Communications | ₹381.29 (9.99%) | ₹347.2 – ₹381.29 |
| ARE&M | ₹1,401.15 (9.67%) | ₹1,272.19 – ₹1,448.69 |
Nifty 500 Top Losers
| Stock | Close | Range |
|---|---|---|
| JBM Auto | ₹2,024.75 (-5.73%) | ₹2,007.9 – ₹2255 |
| Brightcom Group | ₹9.44 (-5.04%) | ₹9.44 – ₹10.15 |
| Finolex Cables | ₹1,473.8 (-3%) | ₹1,460.69 – ₹1532 |
| Schaeffler India | ₹4,153.89 (-2.75%) | ₹4,143.04 – ₹4,300.39 |
| RattanIndia Enterprises | ₹76.34 (-2.01%) | ₹76.09 – ₹78.9 |
Nifty 51 to 500 Stocks To Watch for Tomorrow
➲ Procter & Gamble (Bullish Pattern)
- Performance Overview: Over the last 27 trading sessions, Procter & Gamble has closed in the green 12 times and in the red 15 times.
- Recent Trend: Procter & Gamble is on a 6-day green streak, without a single day closing in red since Thu 30 May 2024.
- Returns: Procter & Gamble has given a 5.25% return in the last 27 trading sessions, meaning your investment of ₹10,000 would have become ₹10,525
- Financial Insight: In the past 12 months, Procter & Gamble has generated a revenue of ₹4,126.47 Crore and a profit of ₹745.2 Crore.
- As of Fri 07 Jun 2024, Procter & Gamble has a Market Capital of ₹51,354.94 Crore.
- Summary: Procter & Gamble displays a robust bullish pattern. Investors should keep an eye on its price movements to identify both short-term and long-term growth potential. Check out Procter & Gamble Target for Tomorrow and Procter & Gamble Targets for 2024 & 2025.
Procter & Gamble Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 51,354.94 Crore | Market valuation of Procter & Gamble’s shares. |
| Revenue (TTM) | 4,126.47 Crore | Total revenue generated by Procter & Gamble over the past twelve months. |
| Net Income (TTM) | +745.2 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 24.22% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 18.05% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +13.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -6.5% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 0.34 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 3.58 Crore | Sum of Procter & Gamble’s current & long-term financial obligations. |
| Total Cash | 702.42 Crore | Total amount of liquid funds available to Procter & Gamble. |
| Beta | 0.18 | Beta is less than 1 indicating that the Procter & Gamble’s price is less volatile than the market. |
➲ Anupam Rasayan (Bearish Pattern)
- Performance Overview: In the last 27 trading sessions, Anupam Rasayan has closed in red 18 times and in green 8 times.
- Recent Trend: Anupam Rasayan has been on a 2-day red streak, without a single day closing in green since Wednesday, June 5, 2024.
- Returns: Anupam Rasayan gave a -8.25% returns in the last 27 trading sessions, that means your investment of ₹10,000 would have become ₹9,175
- Financial Insight: Over the past 12 months, Anupam Rasayan has generated a revenue of₹1,475.06 Crore and created a profit of ₹128.6 Crore.
- As of Friday, June 7, 2024, Anupam Rasayan has a Market Capital of ₹8,499.13 Crore.
- Summary: Anupam Rasayan is currently experiencing a bearish phase. We advise investors to keep a close watch, especially on Anupam Rasayan Target for Tomorrow and Anupam Rasayan Targets for 2024 & 2025.
Anupam Rasayan Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 8,499.13 Crore | Market valuation of Anupam Rasayan’s shares. |
| Revenue (TTM) | 1,475.06 Crore | Total revenue generated by Anupam Rasayan over the past twelve months. |
| Net Income (TTM) | +128.6 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 17.94% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 8.71% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -18% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -45.5% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 36.51 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 1,070.01 Crore | Sum of Anupam Rasayan’s current & long-term financial obligations. |
| Total Cash | 354.43 Crore | Total amount of liquid funds available to Anupam Rasayan. |
| Beta | 0.29 | Beta is less than 1 indicating that the Anupam Rasayan’s price is less volatile than the market. |
Top Stocks That Created a New All Time High Today
Top Large Cap Stocks That Created a New All Time High Today
Companies with Market Capital more than 20,000 Crores| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| Aegis Logistics | 777.40 (-1.74%) | 869.34 (+56.93%) | 553.95 | Thu 18 Apr 2024 |
| ARE&M | 1401.15 (+9.67%) | 1448.69 (+20.72%) | 1200.00 | Mon 01 Apr 2024 |
| Aurobindo Pharma | 1265.15 (+1.1%) | 1292.09 (+%) | Thu 01 Jan 1970 | |
| Bajaj Auto | 9725.54 (+0.24%) | 9740.09 (+%) | Thu 01 Jan 1970 | |
| Balkrishna Industries | 3201.89 (+3%) | 3226.85 (+%) | Thu 01 Jan 1970 |
Top Mid Cap Stocks That Created a New All Time High Today
Companies with Market Capital between 5,000 Crores to 20,000 Crores| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| Amara Raja Batteries | 1401.15 (+9.67%) | 1448.00 (+28.36%) | 1128.00 | Tue 25 Aug 2015 |
| Ashoka Buildcon | 207.60 (+11.4%) | 212.00 (+%) | Thu 01 Jan 1970 | |
| Bikaji Foods | 691.65 (+6.75%) | 701.90 (+%) | Thu 01 Jan 1970 | |
| CMS Info Systems | 465.00 (+1.37%) | 474.00 (+%) | Thu 01 Jan 1970 | |
| Eris Lifesciences | 994.45 (+1.69%) | 1008.00 (+%) | Thu 01 Jan 1970 |
Top Small Cap Stocks That Created a New All Time High Today
Companies with Market Capital less than 5,000 Crores| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| Ace Software Exports | 230.75 (+1.98%) | 230.75 (+53.54%) | 150.28 | Mon 01 Apr 2024 |
| Ahmedabad Steelcraft | 78.31 (+1.99%) | 78.31 (+%) | Thu 01 Jan 1970 | |
| Cords Cable | 243.75 (+13.03%) | 254.39 (+%) | Thu 01 Jan 1970 | |
| DCB Bank | 132.00 (+1.65%) | 1565.59 (+0.62%) | 1555.85 | Fri 01 Dec 2023 |
| E2E Networks | 1665.15 (+4.99%) | 1665.30 (+44.67%) | 1151.09 | Wed 24 Apr 2024 |
