Market Movers Unveiled
The day's trading saw significant activity on both the NSE and BSE. The NSE witnessed top losers at 1808, while the top gainers stood at 1032. Over on the BSE,
top losers reached 3040, and top gainers were at 2484. There were also price and volume shocks observed on both exchanges. This shows the volatility in the market.
IPO and Stock Alerts
Keep an eye on upcoming IPOs with 12 currently open or in the pipeline. IndiGo shares faced a drop of over 4% due to the Rakesh Gangwal stake sale, which is a key development to watch. Texmaco-RVNL JV will boost the rail infrastructure, with Texmaco holding 49% and RVNL holding 51%.
Index & Price Shocks
Several stocks saw significant movement, with NSE and BSE experiencing price and volume shocks. Some of the 52-week lows included 102 on BSE and 52 on NSE, while 52-week highs were at 32 on BSE and 16 on NSE. These fluctuations highlight the dynamic nature of the Indian stock market. It is important to watch how these trends play out.
Global Market Context
The market is influenced by global events. US advisor Kevin Hassett commented on India-US tariff tensions, indicating potential impacts. In other news, the US Open 2025 saw Novak Djokovic break Roger Federer’s Grand Slam record, which adds a different dimension to how people may feel about market.
