Home / Fri 23 Aug 2024 Market Recap
23 Aug 2024: Nifty 50 Closes at ₹24,811.5 (+0.16%), Bajaj Finserv & Bajaj Auto Shine with New All-Time Highs!
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: ➲ Bajaj Finserv (Showing Strength)
- 2.3.2: ➲ HCL Technologies (Bearish Trend)
- 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: ➲ Samvardhana Motherson (Looking Strong!)
- 3.3.2: ➲ Triveni Turbine (Bearish Trend)
- 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 FIN SERVICE | ₹23,245.05 (-0.01%) | ₹23,201.55 – ₹23,294.3 |
| NIFTY IT | ₹41,138.39 (-0.89%) | ₹41,029.85 – ₹41,530.6 |
| NIFTY AUTO | ₹25,835.94 (1.06%) | ₹25,630.8 – ₹25,928.8 |
| NIFTY ENERGY | ₹43,346.1 (0.05%) | ₹43,309.89 – ₹43546 |
Nifty 50 Performance Overview
The Nifty 50 started the day at ₹24,863.4, showcasing a bit of a roller coaster ride throughout the session. It dipped to a low of ₹24,784.44 before climbing back up to a high of ₹24,867.34. The index ultimately closed the day at ₹24,811.5, up 0.16% from its starting point.
The day’s movement was influenced by some notable gainers and losers, which you can find detailed in the table below.
Nifty 50 Top Gainers
| Stock | Close | Range |
|---|---|---|
| Bajaj Auto | ₹10370 (4.59%) | ₹9,937.29 – ₹10430 |
| Coal India | ₹537.95 (1.72%) | ₹529.04 – ₹541.09 |
| Tata Motors | ₹1,085.33 (1.58%) | ₹1,071.08 – ₹1,092.58 |
| Sun Pharma | ₹1,775.75 (1.43%) | ₹1,752.25 – ₹1,781.34 |
| Bajaj Finserv | ₹1,643.94 (1.12%) | ₹1,624.65 – ₹1644 |
Nifty 50 Top Losers
| Stock | Close | Range |
|---|---|---|
| WIPRO | ₹512.9 (-2.88%) | ₹511.64 – ₹521.29 |
| LTIMindtree | ₹5632 (-1.27%) | ₹5620 – ₹5700 |
| Infosys | ₹1,862.09 (-0.97%) | ₹1857 – ₹1,882.3 |
| TITAN | ₹3570 (-0.96%) | ₹3,545.35 – ₹3,619.75 |
| UPL | ₹573.7 (-0.95%) | ₹572 – ₹582.45 |
Nifty 50 Stocks To Watch for Tomorrow
➲ Bajaj Finserv (Showing Strength)
- Recent Performance: Over the last 26 trading days, Bajaj Finserv has closed higher 14 times and lower 12 times. It’s been a bit of a mixed bag, but the overall trend is positive.
- On a Roll: Bajaj Finserv has been on a 6-day winning streak, closing higher each day since Wednesday, August 14, 2024. That’s some impressive momentum!
- Returns: In the last 26 trading sessions, Bajaj Finserv has delivered a 2.36% return. This means that if you had invested ₹10,000, it would be worth ₹10,236 today.
- Financially Sound: Over the past year, Bajaj Finserv has generated a revenue of ₹1,17,121.19 Crore and a profit of ₹8,342.85 Crore. These are strong numbers that suggest a healthy financial position.
- Market Value: As of Friday, August 23, 2024, Bajaj Finserv has a Market Capital of ₹2,47,001.38 Crore. This represents the total value of all the outstanding shares.
- Looking Ahead: Bajaj Finserv is showing some promising signs. Investors are keeping a close eye on its price movements to see if it can continue its upward trajectory. Check out our projections for Bajaj Finserv’s Target for Tomorrow and Bajaj Finserv’s Targets for 2024 & 2025.
Bajaj Finserv Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,47,001.38 Crore | Market valuation of Bajaj Finserv’s shares. |
| Revenue (TTM) | 1,17,121.19 Crore | Total revenue generated by Bajaj Finserv over the past twelve months. |
| Net Income (TTM) | +8,342.85 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 37.35% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 7.12% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +34.9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +10% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 220.46 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 2,28,783.81 Crore | Sum of Bajaj Finserv’s current & long-term financial obligations. |
| Total Cash | 12,335.01 Crore | Total amount of liquid funds available to Bajaj Finserv. |
| Beta | 1.06 | Beta is greater than 1 indicating that the Bajaj Finserv’s price is more volatile than the market. |
➲ HCL Technologies (Bearish Trend)
- Performance Overview: In the past 26 trading sessions, HCL has closed higher 13 times and lower 12 times. It’s been a bit of a mixed bag recently.
- Recent Trend: HCL has had a bit of a rough patch, closing lower for three consecutive days, since Tuesday, August 20, 2024.
- Returns: Over the last 26 trading sessions, HCL has provided a return of 6.65%. That means an investment of ₹10,000 would have grown to ₹10,665.
- Financial Snapshot: Looking at the bigger picture, over the last 12 months, HCL Technologies generated revenue of ₹1,12,771.71 Crore and earned a profit of ₹16,470 Crore.
- As of Friday, August 23, 2024, HCL Technologies has a Market Capitalization of ₹4,40,057.3 Crore.
- Summary: Right now, HCL is showing some bearish signs. It’s a good idea to keep a close eye on things, especially the HCL Target for Tomorrow and HCL Targets for 2024 & 2025.
HCL Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 4,40,057.3 Crore | Market valuation of HCL’s shares. |
| Revenue (TTM) | 1,12,771.71 Crore | Total revenue generated by HCL over the past twelve months. |
| Net Income (TTM) | +16,470 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 17.09% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 14.6% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +5.09% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +15.3% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 8.17 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 5,531.97 Crore | Sum of HCL’s current & long-term financial obligations. |
| Total Cash | 26,417.49 Crore | Total amount of liquid funds available to HCL. |
| Beta | 0.61 | Beta is less than 1 indicating that the HCL’s price is less volatile than the market. |
Nifty 500 Performance Overview
The Nifty 500 started the day at ₹23,485.3, showing some volatility throughout the session. It dipped to a low of ₹23,401.44 before climbing to a high of ₹23,488.44. The index eventually closed at ₹23,424.55, a slight decrease of -0.07% from its opening price.
The day’s movement was influenced by a mix of top gainers and losers, which you can see in the table below.
Nifty 500 Top Gainers
| Stock | Close | Range |
|---|---|---|
| PCBL | ₹498.79 (10.62%) | ₹446.75 – ₹507 |
| Westlife Development | ₹878 (7.69%) | ₹840.25 – ₹886.04 |
| Craftsmen Automation | ₹5980 (7.22%) | ₹5,575.5 – ₹6030 |
| Elgi Equipments | ₹692.79 (7%) | ₹645.45 – ₹702 |
| InterGlobe Aviation – INDIGO | ₹4,710.45 (5.07%) | ₹4,471.85 – ₹4721 |
Nifty 500 Top Losers
| Stock | Close | Range |
|---|---|---|
| CDSL | ₹1585 (-45.31%) | ₹1,488.25 – ₹1663 |
| Varroc Engineering | ₹577.95 (-4.46%) | ₹576.5 – ₹599 |
| Deepak Nitrite | ₹2820 (-4.45%) | ₹2,786.39 – ₹2,910.6 |
| Godfrey Phillips | ₹5397 (-4.15%) | ₹5385 – ₹5,625.45 |
| Indiabulls Housing Finance | ₹170 (-3.98%) | ₹169.85 – ₹177.2 |
Nifty 51 to 500 Stocks To Watch for Tomorrow
➲ Samvardhana Motherson (Looking Strong!)
- Performance Overview: Over the past 26 trading days, Samvardhana Motherson has closed higher 16 times and lower 10 times. It’s been a bit of a mixed bag, but the positive days have been more frequent.
- Recent Trend: Things are looking good for Samvardhana Motherson! It’s been on a 7-day winning streak, closing higher every day since Tuesday, August 13th, 2024.
- Returns: While Samvardhana Motherson experienced a slight dip of -1.3% over the last 26 trading sessions, an initial investment of ₹10,000 would have become ₹9,870.
- Financial Insight: Samvardhana Motherson is making solid progress! Over the past year, it generated a revenue of ₹1,04,396.02 Crore and achieved a profit of ₹3,109.49 Crore.
- As of Friday, August 23rd, 2024, Samvardhana Motherson has a Market Capital of ₹1,25,824.55 Crore.
- Summary: Samvardhana Motherson is showing a strong bullish pattern. Investors should keep a close eye on its price movements to identify opportunities for both short-term and long-term gains. Check out Samvardhana Motherson Target for Tomorrow and Samvardhana Motherson Targets for 2024 & 2025 to get a better idea of its potential.
Samvardhana Motherson Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,25,824.55 Crore | Market valuation of Samvardhana Motherson’s shares. |
| Revenue (TTM) | 1,04,396.02 Crore | Total revenue generated by Samvardhana Motherson over the past twelve months. |
| Net Income (TTM) | +3,109.49 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 5.99% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 2.97% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +28% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +65.5% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 70.6 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 19,921.9 Crore | Sum of Samvardhana Motherson’s current & long-term financial obligations. |
| Total Cash | 7,078 Crore | Total amount of liquid funds available to Samvardhana Motherson. |
| Beta | 1.57 | Beta is greater than 1 indicating that the Samvardhana Motherson’s price is more volatile than the market. |
➲ Triveni Turbine (Bearish Trend)
- Performance Overview: In the last 24 trading days, Triveni Turbine closed lower than the previous day 13 times and higher 11 times. This suggests a bit of a roller coaster ride for the stock recently.
- Recent Trend: Triveni Turbine has been on a downward trend for the past 5 days, with no positive close since Friday, August 16, 2024.
- Returns: Over the last 24 trading days, Triveni Turbine has provided a 13.95% return. This means that if you had invested ₹10,000, it would now be worth ₹11,395.
- Financial Insight: Looking at the past 12 months, Triveni Turbine generated a revenue of ₹1,653.94 Crore and earned a profit of ₹269.13 Crore.
- As of Friday, August 23, 2024, Triveni Turbine has a Market Capitalization of ₹18,619.79 Crore.
- Summary: Triveni Turbine is currently in a bearish phase. It’s a good idea to stay alert and keep a close eye on the stock’s movement. We recommend checking out Triveni Turbine’s Target for Tomorrow and Triveni Turbine’s Price Targets for 2024 & 2025 for some potential insights.
Triveni Turbine Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 18,619.79 Crore | Market valuation of Triveni Turbine’s shares. |
| Revenue (TTM) | 1,653.94 Crore | Total revenue generated by Triveni Turbine over the past twelve months. |
| Net Income (TTM) | +269.13 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 18.45% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 16.27% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +23.9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +36.79% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 0.32 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 3.12 Crore | Sum of Triveni Turbine’s current & long-term financial obligations. |
| Total Cash | 858.11 Crore | Total amount of liquid funds available to Triveni Turbine. |
| Beta | 0.72 | Beta is less than 1 indicating that the Triveni Turbine’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 |
|---|---|---|---|---|
| Aurobindo Pharma | 1538.19 (+0.27%) | 1546.90 (+%) | Thu 01 Jan 1970 | |
| Bajaj Auto | 10370.00 (+4.59%) | 10430.00 (+%) | Thu 01 Jan 1970 | |
| Cholamandalam Financial | 1700.00 (+3.02%) | 1709.00 (+%) | Thu 01 Jan 1970 | |
| Colgate Palmolive | 3531.94 (-1.86%) | 3622.14 (+28.67%) | 2814.89 | Wed 03 Apr 2024 |
| Dixon Technologies | 13270.54 (+3.23%) | 13394.20 (+67.78%) | 7983.00 | Fri 12 Apr 2024 |
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 |
|---|---|---|---|---|
| BALUFORGE | 775.90 (+19.62%) | 778.29 (+%) | Thu 01 Jan 1970 | |
| Craftsmen Automation | 5980.00 (+7.22%) | 6030.00 (+%) | Thu 01 Jan 1970 | |
| DOMS Industries | 2520.14 (+3.15%) | 2650.00 (+43.55%) | 1846.00 | Mon 01 Apr 2024 |
| Eris Lifesciences | 1263.05 (+1.96%) | 1279.00 (+%) | Thu 01 Jan 1970 | |
| Glenmark Life Sciences | 1049.69 (+1.1%) | 1063.00 (+%) | 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 |
|---|---|---|---|---|
| 21ST CENTURY MANAG | 109.35 (+1.99%) | 109.35 (+%) | Thu 01 Jan 1970 | |
| ATV Projects India | 36.47 (+4.97%) | 36.47 (+%) | Thu 01 Jan 1970 | |
| Bright Brothers | 288.35 (+4.98%) | 288.35 (+%) | Thu 01 Jan 1970 | |
| Ceenik Exports | 1341.09 (+1.99%) | 1341.09 (+162.34%) | 511.20 | Wed 24 Apr 2024 |
| CHEMTECH | 272.45 (+1.98%) | 272.45 (+99.31%) | 136.69 | Wed 24 Apr 2024 |
