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Home / Tue 09 Jul 2024 Market Recap

09 Jul 2024: Nifty Closes at ₹24,417.25 (+0.39%), Coal India & Colgate Palmolive Shine, LTIMindtree Shows Weakness, Maruti Suzuki Up +6.68% & Blue Star Up +11.44%

09 Jul 2024: Nifty Closes at ₹24,417.25 (+0.39%), Coal India & Colgate Palmolive Shine, LTIMindtree Shows Weakness, Maruti Suzuki Up +6.68% & Blue Star Up +11.44%
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Top Indices Performance Overview

Stock Close Range
NIFTY 50 ₹24,417.25 (0.39%) ₹24,331.9 – ₹24,443.59
NIFTY BANK ₹52,568.8 (0.27%) ₹52,292.94 – ₹52,626.6
NIFTY FIN SERVICE ₹23,641.59 (0.23%) ₹23,532.59 – ₹23,685.05
NIFTY IT ₹37,668.64 (-0.2%) ₹37,603.85 – ₹37,827.8
NIFTY AUTO ₹25,823.55 (2.22%) ₹25,338.34 – ₹25,845.75
NIFTY ENERGY ₹42,609.19 (-0.09%) ₹42,434.89 – ₹42,837.5

Nifty 50 Performance Overview

The Nifty 50 kicked off the day at ₹24,349.75, showing some energy early on. Throughout the session, it went on a bit of a rollercoaster ride, dipping to a low of ₹24,331.9 before climbing to a high of ₹24,443.59. In the end, it settled down for the day at ₹24,417.25, closing up +0.39% for the day.

The top gainers and losers played a significant role in shaping the Nifty 50’s movement today. Keep an eye out for the details on those stocks!

Nifty 50 Top Gainers

Stock Close Range
Maruti Suzuki ₹12,827.7 (6.68%) ₹12,264.04 – ₹12,959.95
Mahindra & Mahindra ₹2920 (2.4%) ₹2,838.8 – ₹2940
Divis Lab ₹4,551.95 (1.96%) ₹4458 – ₹4,582.89
Hindalco ₹710.2 (1.86%) ₹695.54 – ₹710.65
Sun Pharma ₹1,585.4 (1.86%) ₹1,549.8 – ₹1,589.9

Nifty 50 Top Losers

Stock Close Range
Tata Consumer Products ₹1,142.19 (-0.75%) ₹1140 – ₹1,168.5
ONGC ₹297.35 (-0.6%) ₹293.35 – ₹301.85
JSW Steel ₹934 (-0.56%) ₹932.29 – ₹940.79
UPL ₹565 (-0.43%) ₹563 – ₹572.29
Bajaj Finance ₹7,068.04 (-0.43%) ₹7042 – ₹7,142.39

Nifty 50 Stocks To Watch for Tomorrow

Coal India (Bullish Pattern)

  • Performance Overview: In the last 26 trading sessions, Coal India has closed higher 15 times and lower 11 times.
  • Recent Trend: Coal India has been on an impressive 8-day winning streak, with no closing in the red since Thursday, June 27th, 2024.
  • Returns: While Coal India has shown some recent strength, it experienced a -4.12% return over the last 26 trading sessions. This means a ₹10,000 investment would be worth ₹9,588 today.
  • Financial Insight: Over the past 12 months, Coal India has generated a revenue of ₹1,30,325.64 Crore and a profit of ₹37,402.28 Crore.
  • As of Tuesday, July 9th, 2024, Coal India boasts a Market Capital of ₹3,02,898.19 Crore.
  • Summary: Coal India is showing strong bullish signals. Investors are keeping a close eye on its price movements, looking for opportunities both in the short and long term. To see potential targets for Coal India, check out Coal India Target for Tomorrow and Coal India Targets for 2024 & 2025.

Coal India Financial Performance

Metric Value Description
Market Capital 3,02,898.19 Crore Market valuation of Coal India’s shares.
Revenue (TTM) 1,30,325.64 Crore Total revenue generated by Coal India over the past twelve months.
Net Income (TTM) +37,402.28 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 27.27% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 28.69% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-25.2% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+56.89% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
7.8 Company’s total debt divided by total shareholder equity.
Total Debt 6,523.02 Crore Sum of Coal India’s current & long-term financial obligations.
Total Cash 33,486.27 Crore Total amount of liquid funds available to Coal India.
Beta 0.27 Beta is less than 1 indicating that the Coal India’s price is less volatile than the market.

LTIMindtree (Showing Bearish Signs)

  • Recent Performance: Over the past 26 trading days, LTIMindtree has closed higher 14 times and lower 11 times.
  • Current Trend: LTIMindtree has experienced a five-day downward trend, with no closing gains since Tuesday, July 2nd, 2024.
  • Returns: LTIMindtree delivered an 11.44% return in the last 26 trading days. This means an investment of ₹10,000 would have grown to ₹11,144.
  • Financial Snapshot: In the past year, LTIMindtree generated revenue of ₹35,516.99 Crore and a profit of ₹4,582.1 Crore.
  • As of Tuesday, July 9th, 2024, LTIMindtree has a Market Capitalization of ₹1,60,487.2 Crore.
  • In a Nutshell: LTIMindtree is currently exhibiting bearish characteristics. It’s a good idea to stay informed about its direction by checking out LTIMindtree’s Target for Tomorrow and LTIMindtree’s Targets for 2024 & 2025.

LTIMindtree Financial Performance

Metric Value Description
Market Capital 1,60,487.2 Crore Market valuation of LTIMindtree’s shares.
Revenue (TTM) 35,516.99 Crore Total revenue generated by LTIMindtree over the past twelve months.
Net Income (TTM) +4,582.1 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 14.71% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 12.9% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+2.29% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-1.2% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
10.33 Company’s total debt divided by total shareholder equity.
Total Debt 2,070.6 Crore Sum of LTIMindtree’s current & long-term financial obligations.
Total Cash 9,569.39 Crore Total amount of liquid funds available to LTIMindtree.
Beta 0.7 Beta is less than 1 indicating that the LTIMindtree’s price is less volatile than the market.

Nifty 500 Performance Overview

The Nifty 500 started the day at ₹23,027.4, showing some movement throughout the session. It dipped to a low of ₹22,975.25 but rallied to a high of ₹23,082.19 before settling at a close of ₹23,058.75, up 0.38% for the day.

Nifty 500 Top Gainers

Stock Close Range
Bombay Burmah Trading Corp ₹2,379.85 (18.59%) ₹1,989.59 – ₹2408
Blue Star ₹1,845.19 (11.44%) ₹1647 – ₹1,897.8
Jubilant Ingrevia ₹588.7 (10.83%) ₹530 – ₹604.7
Gland Pharma ₹2,031.8 (7.77%) ₹1869 – ₹2143
KRBL ₹331 (7.22%) ₹328 – ₹348.7

Nifty 500 Top Losers

Stock Close Range
BEML ₹4,969.79 (-4.47%) ₹4880 – ₹5,251.75
Chambal Fertilizers ₹511 (-4.36%) ₹507.14 – ₹542.7
Kaynes Technology ₹4,152.1 (-4.21%) ₹4130 – ₹4,434.35
Usha Martin ₹390.7 (-3.98%) ₹388.04 – ₹407.04
Ircon International ₹314.39 (-3.85%) ₹303.2 – ₹336.7

Nifty 51 to 500 Stocks To Watch for Tomorrow

Colgate Palmolive (Bullish Pattern)

  • Performance Overview: In the last 26 trading sessions, Colgate Palmolive has closed higher 17 times and lower 9 times. This suggests a positive trend, but it’s important to remember that past performance doesn’t guarantee future results.
  • Recent Trend: Colgate Palmolive has enjoyed a 9-day winning streak, with no closing in red since Wednesday, June 26th, 2024. This kind of consistent growth is encouraging for investors.
  • Returns: Colgate Palmolive delivered a 10.72% return in the last 26 trading sessions. This means that if you had invested ₹10,000, it would have grown to ₹11,072. Pretty impressive, right?
  • Financial Insight: Over the past 12 months, Colgate Palmolive has generated a revenue of ₹5,680.42 Crore and earned a profit of ₹1,323.65 Crore. These strong financials are a good indicator of the company’s overall health.
  • As of Tuesday, July 9th, 2024, Colgate Palmolive boasts a Market Capital of ₹79,161.51 Crore. This large market capitalization indicates that investors have a high level of confidence in the company’s future.
  • Summary: Colgate Palmolive is showing a robust bullish pattern. Investors should keep a close eye on its price movements, as it offers potential for both short-term and long-term growth. Check out our analysis on Colgate Palmolive’s potential target for tomorrow and Colgate Palmolive’s potential targets for 2024 & 2025. These insights can help you make informed decisions about your investment strategy.

Colgate Palmolive Financial Performance

Metric Value Description
Market Capital 79,161.51 Crore Market valuation of Colgate Palmolive’s shares.
Revenue (TTM) 5,680.42 Crore Total revenue generated by Colgate Palmolive over the past twelve months.
Net Income (TTM) +1,323.65 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 33.08% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 23.3% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+10.3% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+20.1% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
3.82 Company’s total debt divided by total shareholder equity.
Total Debt 71.74 Crore Sum of Colgate Palmolive’s current & long-term financial obligations.
Total Cash 888.99 Crore Total amount of liquid funds available to Colgate Palmolive.
Beta 0.31 Beta is less than 1 indicating that the Colgate Palmolive’s price is less volatile than the market.

SKF India (Bearish Trend)

  • Performance Overview: In the last 26 trading sessions, SKF India’s share price has closed lower 16 times and higher 10 times.
  • Recent Trend: SKF India has been on a downward trend for the past 6 days, with the share price closing lower each day since Monday, July 1, 2024.
  • Returns: Over the past 26 trading sessions, SKF India’s share price has fallen by 1.7%. This means if you had invested ₹10,000 in SKF India on June 11, 2024, your investment would be worth ₹9,830 today.
  • Financial Insight: In the past 12 months, SKF India generated revenue of ₹4,570.13 Crore and earned a profit of ₹551.8 Crore.
  • As of Tuesday, July 9, 2024, SKF India has a Market Capitalization of ₹30,991.69 Crore.
  • Summary: SKF India’s share price is currently showing signs of a bearish trend. We recommend investors keep a close eye on the stock’s performance. For potential future price movements, check out the SKF India Target for Tomorrow and SKF India Targets for 2024 & 2025.

SKF India Financial Performance

Metric Value Description
Market Capital 30,991.69 Crore Market valuation of SKF India’s shares.
Revenue (TTM) 4,570.13 Crore Total revenue generated by SKF India over the past twelve months.
Net Income (TTM) +551.8 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 16.16% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 12.07% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+9.9% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+42.2% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
0.43 Company’s total debt divided by total shareholder equity.
Total Debt 11.76 Crore Sum of SKF India’s current & long-term financial obligations.
Total Cash 1,222.11 Crore Total amount of liquid funds available to SKF India.
Beta 0.47 Beta is less than 1 indicating that the SKF India’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 945.00 (+1.96%) 969.04 (+74.93%) 553.95 Thu 18 Apr 2024
Aurobindo Pharma 1331.00 (+1.96%) 1338.00 (+%) Thu 01 Jan 1970
Bharat Electronics 334.50 (-0.03%) 339.35 (+%) Thu 01 Jan 1970
Blue Star 1845.19 (+11.44%) 1897.80 (+%) Thu 01 Jan 1970
CIE Automotive India 619.00 (+1.5%) 622.40 (+%) 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
Amber Enterprises 4567.95 (+1.54%) 4888.00 (+%) Thu 01 Jan 1970
Bombay Burmah Trading Corp 2379.85 (+18.59%) 2408.00 (+%) Thu 01 Jan 1970
Blue Jet Healthcare 434.45 (+0.46%) 447.00 (+%) Thu 01 Jan 1970
Electronics Mart 238.23 (-1.68%) 262.00 (+%) Thu 01 Jan 1970
Firstsource Solutions 248.77 (-0.54%) 258.95 (+%) 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
20 Microns 229.02 (+2.35%) 236.00 (+%) Thu 01 Jan 1970
21ST CENTURY MANAG 76.44 (+1.98%) 76.44 (+%) Thu 01 Jan 1970
Ace Software Exports 274.35 (+1.98%) 274.35 (+82.55%) 150.28 Mon 01 Apr 2024
Advait Infratech 1927.65 (-2.26%) 2044.90 (+22.99%) 1662.60 Mon 01 Apr 2024
Abans Holdings 526.75 (+4.05%) 533.79 (+22.54%) 435.60 Wed 10 Apr 2024

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