स्टॉक टारगेट

02 Jul 2024: Nifty Closes at ₹24,117.8 (-0.1%), GRASIM enjoying a 7-day winning streak, Nifty 500 Dips

Show Table of Contents

Top Indices Performance Overview

Nifty 50 Performance Overview

The Nifty 50 started the day at ₹24,232.44. It had a bit of a roller coaster ride, reaching a high of ₹24,234.19 and dipping down to ₹24,058.19 before settling at ₹24,117.8 (-0.1%) at the end of the trading session.

The top gainers and losers of the day played a key role in the Nifty 50’s movements.

Nifty 50 Top Gainers

Nifty 50 Top Losers

Nifty 50 Stocks To Watch for Tomorrow

➲ GRASIM (Looking Strong)

  • Recent Performance: Over the past 26 trading days, GRASIM has closed higher 17 times and lower 9 times. This suggests a positive trend overall.
  • Positive Momentum: GRASIM has enjoyed a 7-day winning streak, closing higher each day since Friday, June 21, 2024.
  • Solid Returns: GRASIM delivered a 12.48% return during the last 26 trading sessions. If you had invested ₹10,000 during this period, it would be worth ₹11,248 today.
  • Financially Sound: Over the last 12 months, GRASIM generated a strong revenue of ₹1,30,978.48 Crore and a healthy profit of ₹5,624.48 Crore.
  • Market Presence: As of Tuesday, July 2, 2024, GRASIM has a Market Capital of ₹1,84,966.87 Crore, demonstrating its significant presence in the market.
  • Outlook: GRASIM is showing positive signs and looks strong. Investors might want to watch its price movements closely to explore both short-term and long-term growth opportunities. Checkout GRASIM Target for Tomorrow and GRASIM Targets for 2024 & 2025 for potential insights.

GRASIM Financial Performance

➲ Eicher Motors (Recent Bearish Trend)

  • Performance Overview: Over the past 26 trading days, Eicher Motors has closed lower 18 times and higher 8 times.
  • Recent Trend: Eicher Motors has been on a downward slide for the past 6 trading days, with no gains since Monday, June 24th, 2024.
  • Returns: During this period, Eicher Motors has shown a -4.66% return. This means if you had invested ₹10,000, it would be worth ₹9,534 today.
  • Financial Insight: Over the past 12 months, GRASIM has generated a revenue of ₹16,535.77 Crore and a profit of ₹4,001.01 Crore.
  • As of Tuesday, July 2nd, 2024, GRASIM has a Market Capital of ₹1,27,358.95 Crore.
  • Summary: Eicher Motors is currently experiencing some challenges and has been trending downward recently. It’s wise to keep a close eye on its performance, particularly its potential movement in the short term. You can find projections for tomorrow and for the rest of 2024 and 2025 at the links below. Eicher Motors Target for Tomorrow and Eicher Motors Targets for 2024 & 2025.

Eicher Motors Financial Performance

Nifty 500 Performance Overview

The Nifty 500 kicked off the day at ₹22,806.05, showing a bit of a rollercoaster ride throughout the session. It dipped to a low of ₹22,592.69 but managed to climb back up, reaching a high of ₹22,809.5. By the closing bell, it settled at ₹22,675, marking a slight decrease of -0.24% for the day.

This movement was influenced by the top gainers and losers among the stocks, which you can see in the table below.

Nifty 500 Top Gainers

Nifty 500 Top Losers

Nifty 51 to 500 Stocks To Watch for Tomorrow

Gujarat Gas (Bullish Pattern)

  • Performance Overview: In the last 26 trading sessions, Gujarat Gas has closed higher 18 times and lower 8 times. This indicates a positive trend for the stock.
  • Recent Trend: Gujarat Gas has been on a 7-day green streak, showing consistent growth since Friday, June 21st, 2024.
  • Returns: Gujarat Gas delivered a solid 16.02% return in the past 26 trading sessions. If you had invested ₹10,000 during this period, your investment would have grown to ₹11,602.
  • Financial Insight: Over the past 12 months, Gujarat Gas has generated a revenue of ₹15,690.19 Crore and a profit of ₹1,143.69 Crore, demonstrating strong financial performance.
  • As of Tuesday, July 2nd, 2024, Gujarat Gas has a Market Capital of ₹44,535.39 Crore.
  • Summary: Gujarat Gas is showing strong signs of bullish activity. Investors should keep a close eye on its price movements to identify both short-term and long-term opportunities for growth. Checkout Gujarat Gas Target for Tomorrow and Gujarat Gas Targets for 2024 & 2025 to explore potential targets.

Gujarat Gas Financial Performance

Hindustan Petroleum (Bearish Trend)

  • Performance Snapshot: In the last 26 trading sessions (from June 7th, 2024, to July 2nd, 2024), Hindustan Petroleum closed in the red 15 times and in the green 11 times. This tells us that the stock has been a bit volatile lately.
  • Recent Movement: Hindustan Petroleum has been on a 8-day downward trend, without a single day closing in the green since Thursday, June 20th, 2024.
  • Returns: Hindustan Petroleum has delivered a -39.56% return over the last 26 trading sessions. This means an investment of ₹10,000 would have become ₹6,044.
  • Financial Insights: Over the past 12 months, Hindustan Petroleum has generated a revenue of ₹4,32,034.7 Crore and a profit of ₹16,014.6 Crore.
  • As of Tuesday, July 2nd, 2024, Hindustan Petroleum has a Market Capital of ₹70,494.67 Crore.
  • Summary: Hindustan Petroleum is currently in a bearish phase. It’s important to keep an eye on the stock’s direction, especially considering the recent downward trend. You might want to check out Hindustan Petroleum’s Target for Tomorrow and Hindustan Petroleum Targets for 2024 & 2025 for a more in-depth look.

Hindustan Petroleum Financial Performance

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

Top Mid Cap Stocks That Created a New All Time High Today

Companies with Market Capital between 5,000 Crores to 20,000 Crores

Top Small Cap Stocks That Created a New All Time High Today

Companies with Market Capital less than 5,000 Crores

careermotto

A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

Related Articles

Back to top button