Select Page

Home / Thu 06 Jun 2024 Market Recap

06 Jun 2024: Nifty 50 closed at ₹22,620.34 (+3.36%), with Tech Mahindra and HCL leading the gains. GMM Pfaudler show bearish patterns.

06 Jun 2024: Nifty 50 closed at ₹22,620.34 (+3.36%), with Tech Mahindra and HCL leading the gains. GMM Pfaudler show bearish patterns.
Show Table of Contents

Top Indices Performance Overview

Stock Close Range
NIFTY 50 ₹22,854.34 (1.03%) ₹22,653.75 – ₹22,908.75
NIFTY BANK ₹49,330.89 (0.56%) ₹48,911.3 – ₹49,672.05
NIFTY FIN SERVICE ₹21,910.34 (1.05%) ₹21,712.44 – ₹22,034.65
NIFTY IT ₹34,074.1 (2.98%) ₹33348 – ₹34,092.05
NIFTY AUTO ₹24400 (0.47%) ₹24,201.44 – ₹24,463.3
NIFTY ENERGY ₹39,399.6 (1.77%) ₹39,049.39 – ₹40,059.1

Nifty 50 Performance Overview

The Nifty 50 opened the trading day at ₹22,128.34. Throughout the session, it saw fluctuations, hitting a low of ₹21,791.94 and reaching a high of ₹22,670.4, before settling at a close of ₹22,620.34 (+3.36%).

Refer to the table below for the top gainers and losers stocks that influenced today’s Nifty 50 movement.

Nifty 50 Top Gainers

Stock Close Range
Tech Mahindra ₹1,317.44 (3.98%) ₹1,276.15 – ₹1,323.55
HCL ₹1397 (3.96%) ₹1,353.25 – ₹1,399.75
SBI ₹817.5 (3.51%) ₹796.79 – ₹833.15
SBI Life Insurance ₹1,437.05 (3.37%) ₹1,380.44 – ₹1,445.75
Eicher Motors ₹4,721.85 (3.11%) ₹4539 – ₹4,726.89

Nifty 50 Top Losers

Stock Close Range
Hindalco ₹678.54 (-2.41%) ₹673.04 – ₹691.9
Hero MotoCorp ₹5535 (-2.19%) ₹5,475.79 – ₹5,735.14
Hindustan Unilever ₹2556 (-1.8%) ₹2518 – ₹2,579.25
Asian Paints ₹2,909.05 (-1.78%) ₹2,882.25 – ₹2,961.1
Mahindra & Mahindra ₹2,701.75 (-1.43%) ₹2,670.89 – ₹2,756.55

Nifty 50 Stocks To Watch for Tomorrow

Cipla (Bullish Pattern)

  • Performance Overview: In the last 26 trading sessions, Cipla has closed on a positive note 14 times, while closing in the red 12 times, indicating a fairly balanced performance.
  • Recent Trend: Cipla has been on a 3-day green streak, consistently closing in the green since Friday, May 31, 2024.
  • Returns: Over the past 26 trading sessions, Cipla has generated a respectable 5.78% return. If you had invested ₹10,000, your investment would have grown to approximately ₹10,578.
  • Financial Insight: Cipla’s financial performance over the past 12 months reflects a strong revenue of ₹25,446.62 Crore and a healthy profit of ₹4,121.55 Crore.
  • As of Wednesday, June 5, 2024, Cipla has an impressive Market Capital of ₹1,17,346.38 Crore, demonstrating its substantial market presence.
  • Summary: Cipla’s market performance exhibits a bullish pattern, attracting the attention of investors seeking growth potential. Investors may find it beneficial to track the stock’s price movements to identify potential opportunities. For more in-depth analysis, explore Cipla Target for Tomorrow and Cipla Targets for 2024 & 2025.

Cipla Financial Performance

Metric Value Description
Market Capital 1,17,346.38 Crore Market valuation of Cipla’s shares.
Revenue (TTM) 25,446.62 Crore Total revenue generated by Cipla over the past twelve months.
Net Income (TTM) +4,121.55 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 16.89% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 16.19% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+9.7% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+78.6% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
2.08 Company’s total debt divided by total shareholder equity.
Total Debt 559.41 Crore Sum of Cipla’s current & long-term financial obligations.
Total Cash 5,681.97 Crore Total amount of liquid funds available to Cipla.
Beta 0.36 Beta is less than 1 indicating that the Cipla’s price is less volatile than the market.

Nifty 500 Performance Overview

Today, the Nifty 500 started its trading session at ₹20,570.75. It fluctuated throughout the day, hitting a low of ₹20,116.59 and reaching a high of ₹21,092.15, before finally closing with a gain of ₹21,054.40 (+3.59%).

Nifty 500 Top Gainers

Stock Close Range
Nazara Technologies ₹802.29 (15.06%) ₹717 – ₹817.95
Nippon Life India Asset Management ₹619.79 (13.52%) ₹554.45 – ₹621.9
UNO Minda ₹977.2 (13.49%) ₹907.65 – ₹1025
Mazagoan Dock Shipbuilders ₹3175 (13.46%) ₹2,838.1 – ₹3214
RattanIndia Enterprises ₹78.2 (13.25%) ₹71.75 – ₹78.59

Nifty 500 Top Losers

Stock Close Range
Sun TV Network ₹718.95 (-3.92%) ₹714.25 – ₹744.79
Vijaya Diagnostic Centre ₹819 (-3.72%) ₹811 – ₹867.5
Triveni Engineering & Industries ₹316.29 (-3.46%) ₹315.04 – ₹330.79
Avenue Supermarts Dmart ₹4699 (-3.36%) ₹4,676.1 – ₹4,858.04
CRISIL ₹4050 (-3.28%) ₹4,009.35 – ₹4,234.7

Nifty 51 to 500 Stocks To Watch for Tomorrow

Krishna Institute of Medical Sciences (Bullish Pattern)

  • Performance Overview: In the last 26 trading sessions, Krishna Institute of Medical Sciences has closed in green 13 times and in red 13 times.
  • Recent Trend: Krishna Institute of Medical Sciences has been on a 5-day green streak, without a single day closing in red since Wednesday, May 29, 2024.
  • Returns: Krishna Institute of Medical Sciences gave a -6.36% return in the last 26 trading sessions, which means that your investment of ₹10,000 would have become ₹9,364
  • Financial Insight: Over the past 12 months, Krishna Institute of Medical Sciences has generated a renvenue of ₹2,498.14 Crore and created a profit of ₹310.14 Crore.
  • As of Wednesday, June 05, 2024, Krishna Institute of Medical Sciences has a Market Capital of ₹14,619.88 Crore.
  • Summary: Krishna Institute of Medical Sciences exhibits a robust bullish pattern. Investors should monitor its price movements for both short-term and long-term growth prospects: Checkout Krishna Institute of Medical Sciences Target for Tomorrow and Krishna Institute of Medical Sciences Targets for 2024 & 2025.

Krishna Institute of Medical Sciences Financial Performance

Metric Value Description
Market Capital 14,619.88 Crore Market valuation of Krishna Institute of Medical Sciences’s shares.
Revenue (TTM) 2,498.14 Crore Total revenue generated by Krishna Institute of Medical Sciences over the past twelve months.
Net Income (TTM) +310.14 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 17.77% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 12.41% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+10% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-29.8% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
64.74 Company’s total debt divided by total shareholder equity.
Total Debt 1,355.32 Crore Sum of Krishna Institute of Medical Sciences’s current & long-term financial obligations.
Total Cash 131.98 Crore Total amount of liquid funds available to Krishna Institute of Medical Sciences.
Beta -0.25 Beta is less than 1 indicating that the Krishna Institute of Medical Sciences’s price is less volatile than the market.

GMM Pfaudler (Bearish Pattern)

  • Performance Overview: In the past 26 trading sessions, GMM Pfaudler has closed in red 18 times and in green 8 times.
  • Recent Trend: GMM Pfaudler has been on a 7-day red streak, without a single day closing in green since Monday, May 27, 2024.
  • Returns: GMM Pfaudler gave a -17.29% return in the last 26 trading sessions, meaning your investment of ₹10,000 would have become ₹8,271.
  • Financial Insight: Over the past 12 months, GMM Pfaudler has generated a revenue of ₹3,571.7 Crore and created a profit of ₹196.25 Crore.
  • As of Wednesday, June 5, 2024, GMM Pfaudler has a Market Capital of ₹5,549.3 Crore.
  • Summary: GMM Pfaudler is currently experiencing a bearish phase. We advise investors to keep a close watch, especially on GMM Pfaudler Target for Tomorrow and GMM Pfaudler Targets for 2024 & 2025.

GMM Pfaudler Financial Performance

Metric Value Description
Market Capital 5,549.3 Crore Market valuation of GMM Pfaudler’s shares.
Revenue (TTM) 3,571.7 Crore Total revenue generated by GMM Pfaudler over the past twelve months.
Net Income (TTM) +196.25 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 9.48% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 5.49% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+8% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+69.89% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
104.6 Company’s total debt divided by total shareholder equity.
Total Debt 984.88 Crore Sum of GMM Pfaudler’s current & long-term financial obligations.
Total Cash 306.16 Crore Total amount of liquid funds available to GMM Pfaudler.
Beta 0.12 Beta is less than 1 indicating that the GMM Pfaudler’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 787.00 (+11.56%) 832.90 (+50.35%) 553.95 Thu 18 Apr 2024
Bajaj Auto 9690.00 (+0.91%) 9740.00 (+%) Thu 01 Jan 1970
Coromandel International 1382.50 (+0.92%) 1395.00 (+%) Thu 01 Jan 1970
Endurance Technologies 2425.00 (+2.54%) 2495.69 (+%) Thu 01 Jan 1970
Escorts 4014.10 (+2.68%) 4038.69 (+%) 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 1283.15 (+5.26%) 1331.90 (+18.07%) 1128.00 Tue 25 Aug 2015
BECTORFOOD 1498.00 (+5.43%) 1545.19 (+%) Thu 01 Jan 1970
Bikaji Foods 643.00 (+1.03%) 661.95 (+%) Thu 01 Jan 1970
CMS Info Systems 456.00 (+4.97%) 461.35 (+%) Thu 01 Jan 1970
Eris Lifesciences 979.90 (+6.81%) 992.00 (+%) 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 226.25 (+1.98%) 226.25 (+50.55%) 150.28 Mon 01 Apr 2024
Ahmedabad Steelcraft 76.78 (+1.99%) 76.78 (+%) Thu 01 Jan 1970
DCB Bank 130.10 (+0.65%) 1559.94 (+0.26%) 1555.85 Fri 01 Dec 2023
E2E Networks 1586.00 (+4.99%) 1586.00 (+37.78%) 1151.09 Wed 24 Apr 2024
GOLDENCREST 80.42 (+0%) 80.44 (+%) 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