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Home / Thu 04 Jul 2024 Market Recap

04 Jul 2024: Nifty Closed at ₹24,304.65 (+0.07%), HCL Technologies shows a strong bullish pattern, while TITAN is trending downwards.

04 Jul 2024: Nifty Closed at ₹24,304.65 (+0.07%), HCL Technologies shows a strong bullish pattern, while TITAN is trending downwards.
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Top Indices Performance Overview

Stock Close Range
NIFTY 50 ₹24,304.65 (0.07%) ₹24,281.19 – ₹24,400.65
NIFTY BANK ₹53,083.75 (-0.02%) ₹52,819.39 – ₹53,357.69
NIFTY FIN SERVICE ₹23,870.19 (-0.23%) ₹23,810.75 – ₹24,045.94
NIFTY IT ₹37,728.14 (1.1%) ₹37,401.69 – ₹37,934.85
NIFTY AUTO ₹25,395.25 (0.84%) ₹25,246.75 – ₹25,415.25
NIFTY ENERGY ₹41,872.3 (0.21%) ₹41,759.19 – ₹42,128.85

Nifty 50 Performance Overview

The Nifty 50 started the day at ₹24,369.59, showing its usual dynamism with some ups and downs throughout the session. It dipped to a low of ₹24,281.19 before rallying to a high of ₹24,400.65. By the closing bell, it had settled at ₹24,304.65, a gain of +0.07% for the day.

Let’s take a look at the top gainers and losers that contributed to the Nifty 50’s performance today.

Nifty 50 Top Gainers

Stock Close Range
Tata Motors ₹1,002.79 (2.78%) ₹980 – ₹1004
HCL ₹1520 (2.63%) ₹1,487.3 – ₹1,534.34
ICICI BANK ₹1,231.94 (2.52%) ₹1,214.55 – ₹1,234.3
Sun Pharma ₹1,557.9 (1.56%) ₹1526 – ₹1,570.9
TCS ₹4,019.94 (1.37%) ₹3,982.55 – ₹4,047.3

Nifty 50 Top Losers

Stock Close Range
HDFC BANK ₹1728 (-2.3%) ₹1,724.94 – ₹1,758.8
Bajaj Finance ₹7,109.85 (-2.06%) ₹7,100.1 – ₹7,315.6
Adani Enterprises ₹3143 (-1.51%) ₹3,138.69 – ₹3,189.55
Tech Mahindra ₹1461 (-1.28%) ₹1,453.55 – ₹1492
WIPRO ₹532.25 (-1.26%) ₹529.09 – ₹548.75

Nifty 50 Stocks To Watch for Tomorrow

HCL Technologies (Bullish Pattern)

  • Performance Overview: Over the past 26 trading days (from June 10th to July 4th, 2024), HCL has closed higher 16 times and lower 10 times.
  • Recent Trend: HCL has been on a winning streak, closing higher for the last six consecutive trading days, starting on Wednesday, June 26th, 2024.
  • Returns: If you had invested ₹10,000 in HCL 26 trading days ago, your investment would have grown to ₹11,127, representing a return of 11.27%.
  • Financial Insight: In the past year, HCL generated a revenue of ₹1,10,844.97 Crore and a profit of ₹15,837.38 Crore.
  • As of Thursday, July 4th, 2024, HCL has a market capitalization of ₹3,99,279.57 Crore.
  • Summary: HCL’s recent performance indicates a strong bullish trend. Investors may want to consider monitoring its price movements to identify potential opportunities for both short-term and long-term growth. Checkout HCL Target for Tomorrow and HCL Targets for 2024 & 2025.

HCL Financial Performance

Metric Value Description
Market Capital 3,99,279.57 Crore Market valuation of HCL’s shares.
Revenue (TTM) 1,10,844.97 Crore Total revenue generated by HCL over the past twelve months.
Net Income (TTM) +15,837.38 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 17.6% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 14.28% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+6% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-0.2% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
8.45 Company’s total debt divided by total shareholder equity.
Total Debt 5,780.31 Crore Sum of HCL’s current & long-term financial obligations.
Total Cash 27,239.29 Crore Total amount of liquid funds available to HCL.
Beta 0.58 Beta is less than 1 indicating that the HCL’s price is less volatile than the market.

TITAN (Bearish Trend)

  • Recent Performance: TITAN has been on a bit of a roller coaster ride lately. Over the past 26 trading sessions (from June 9th to July 4th), it has closed higher 11 times and lower 15 times.
  • Short-Term Trend: Looking at the most recent trading days, TITAN has been trending downward. It’s been on a three-day losing streak, closing lower every day since July 1st.
  • Returns: While TITAN has seen some ups and downs, the overall return over the past 26 trading sessions has been a slight decrease of 2.04%. This means an investment of ₹10,000 would be worth ₹9,796 today.
  • Financial Snapshot: Over the past 12 months, TITAN generated a strong revenue of ₹51,084 Crore and a healthy profit of ₹3,495.99 Crore.
  • As of July 4th, 2024, TITAN has a Market Capital of ₹3,06,218.19 Crore.
  • What’s Next? TITAN is currently facing some bearish pressure. It’s wise to keep a close eye on its movement, especially considering its short-term trends. You might want to check out the TITAN Target for Tomorrow and the TITAN Targets for 2024 & 2025 for more insights.

TITAN Financial Performance

Metric Value Description
Market Capital 3,06,218.19 Crore Market valuation of TITAN’s shares.
Revenue (TTM) 51,084 Crore Total revenue generated by TITAN over the past twelve months.
Net Income (TTM) +3,495.99 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 8.26% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 6.84% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+20.6% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+5.6% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
165.31 Company’s total debt divided by total shareholder equity.
Total Debt 15,527.99 Crore Sum of TITAN’s current & long-term financial obligations.
Total Cash 3,192 Crore Total amount of liquid funds available to TITAN.
Beta 0.46 Beta is less than 1 indicating that the TITAN’s price is less volatile than the market.

Nifty 500 Performance Overview

The Nifty 500 started the day at ₹22,937.8, showing some ups and downs throughout the session. It reached a low of ₹22,867.8 and a high of ₹22,962.15 before closing at ₹22,918.3, up 0.29% for the day.

Take a look at the table below to see the top gainers and losers that impacted the Nifty 500’s movement today.

Nifty 500 Top Gainers

Stock Close Range
Mazagoan Dock Shipbuilders ₹5,621.45 (20%) ₹4,671.25 – ₹5,621.45
Galaxy Surfactants ₹3128 (12.83%) ₹2,776.3 – ₹3,206.75
NBCC ₹186.5 (10.33%) ₹170.8 – ₹189.89
Cochin Shipyard ₹2,679.94 (9.99%) ₹2412 – ₹2,679.94
Concord Biotech ₹1722 (8.31%) ₹1,580.25 – ₹1,743.09

Nifty 500 Top Losers

Stock Close Range
Home First Finance Company ₹1072 (-4.42%) ₹1,060.8 – ₹1,114.5
Aavas Financiers ₹1,795.94 (-3.4%) ₹1,778.3 – ₹1,859.8
PB Fintech ₹1,419.09 (-2.99%) ₹1,405.55 – ₹1470
EPL ₹221 (-2.88%) ₹220.5 – ₹226.5
The Ramco Cements ₹818.09 (-2.62%) ₹816.5 – ₹839

Nifty 51 to 500 Stocks To Watch for Tomorrow

MphasiS (Looking Strong)

  • Performance Overview: Over the past 26 trading days, MphasiS has closed higher 17 times and lower 9 times. That’s a solid performance!
  • Recent Trend: MphasiS has been on an impressive 8-day winning streak, with no closing in the red since Monday, June 24, 2024.
  • Returns: MphasiS delivered a strong 8.12% return over the last 26 trading sessions. This means that an investment of ₹10,000 would have grown to ₹10,812.
  • Financial Insight: Over the past 12 months, MphasiS has generated a substantial revenue of ₹13,278.51 Crore and generated a profit of ₹1,554.81 Crore.
  • As of Thursday, July 4, 2024, MphasiS has a Market Capital of ₹48,575.86 Crore.
  • Summary: MphasiS is showing a robust and bullish pattern. Investors are keeping a close eye on its price movements for both short-term and long-term growth opportunities. Check out MphasiS Target for Tomorrow and MphasiS Targets for 2024 & 2025.

MphasiS Financial Performance

Metric Value Description
Market Capital 48,575.86 Crore Market valuation of MphasiS’s shares.
Revenue (TTM) 13,278.51 Crore Total revenue generated by MphasiS over the past twelve months.
Net Income (TTM) +1,554.81 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 10.11% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 11.7% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+1.5% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-3% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
27.16 Company’s total debt divided by total shareholder equity.
Total Debt 2,388.58 Crore Sum of MphasiS’s current & long-term financial obligations.
Total Cash 3,407.02 Crore Total amount of liquid funds available to MphasiS.
Beta 0.73 Beta is less than 1 indicating that the MphasiS’s price is less volatile than the market.

Ashok Leyland (Bearish Pattern)

  • Performance Overview: Ashok Leyland has had a bit of a mixed bag over the last 26 trading sessions. It closed in the red 14 times and in the green 12 times.
  • Recent Trend: Things have been a little rough for Ashok Leyland lately. It’s been on a 5-day red streak, with no green days since Thursday, June 27, 2024.
  • Returns: Over the past 26 trading sessions, Ashok Leyland provided a 2.1% return. This means that if you invested ₹10,000, your investment would have grown to ₹10,209.99.
  • Financial Insight: In the past 12 months, Ashok Leyland generated a revenue of ₹45,790.63 Crore and made a profit of ₹2,483.51 Crore.
  • As of Thursday, July 4, 2024, Ashok Leyland has a Market Capital of ₹68,870.78 Crore.
  • Summary: Ashok Leyland is currently facing a bearish trend. It’s a good idea for investors to keep a close eye on its performance. You may want to check out the Ashok Leyland Target for Tomorrow and Ashok Leyland Targets for 2024 & 2025 for more insights.

Ashok Leyland Financial Performance

Metric Value Description
Market Capital 68,870.78 Crore Market valuation of Ashok Leyland’s shares.
Revenue (TTM) 45,790.63 Crore Total revenue generated by Ashok Leyland over the past twelve months.
Net Income (TTM) +2,483.51 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 17.45% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 5.42% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+2.8% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+13.4% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
345.35 Company’s total debt divided by total shareholder equity.
Total Debt 40,802.17 Crore Sum of Ashok Leyland’s current & long-term financial obligations.
Total Cash 8,103.23 Crore Total amount of liquid funds available to Ashok Leyland.
Beta 0.89 Beta is less than 1 indicating that the Ashok Leyland’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
Apar Industries 8567.95 (-1.18%) 8880.34 (+13.12%) 7850.00 Wed 24 Apr 2024
Bajaj Holdings 9841.00 (+5.85%) 9979.95 (+%) Thu 01 Jan 1970
CEBBCO 721.84 (+4.04%) 736.34 (+69.74%) 433.80 Mon 01 Jan 2024
Cochin Shipyard 2679.94 (+9.99%) 2679.94 (+%) Thu 01 Jan 1970
Dr Reddy Lab 6475.00 (+0.76%) 6540.04 (+%) 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
Arvind 385.64 (+0.92%) 398.75 (+19.82%) 332.79 Tue 23 Apr 2024
AstraZeneca Pharma 7159.95 (+11.9%) 7546.75 (+%) Thu 01 Jan 1970
Cello World 989.59 (+3.07%) 1025.00 (+6.99%) 958.00 Wed 24 Apr 2024
Concord Biotech 1722.00 (+8.31%) 1743.09 (+8.46%) 1607.00 Wed 10 Jan 2024
Dodla Dairy 1116.00 (+9.16%) 1144.94 (+%) 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 72.05 (+1.99%) 72.05 (+%) Thu 01 Jan 1970
Ace Software Exports 258.60 (+1.99%) 258.60 (+72.07%) 150.28 Mon 01 Apr 2024
ADC India Communications 2204.19 (+8.22%) 2247.75 (+%) Thu 01 Jan 1970
Ahmedabad Steelcraft 111.65 (+1.96%) 111.65 (+%) Thu 01 Jan 1970
Ashiana Agro Industries 25.00 (+4.99%) 25.00 (+%) Thu 01 Jan 1970

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. Connect on linkedin