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Nifty Closed at ₹24,601.09 (+0.05%), HDFC Life has been on a 10-day green streak, Coal India rose +3.01%, While Axis Bank & Chalet Hotels Dip

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Top Indices Performance Overview

Nifty 50 Performance Overview

The Nifty 50 started the day at ₹24,618.94. It traded within a range of ₹24,588.3 (low) to ₹24,661.05 (high) before finishing the session at ₹24,601.09, a slight gain of +0.05%.

This movement was influenced by a mix of top gainers and losers which are detailed in the table below.

Nifty 50 Top Gainers

Nifty 50 Top Losers

Nifty 50 Stocks To Watch for Tomorrow

HDFC Life (Bullish Pattern)

  • Performance Overview: In the last 26 trading sessions (from June 21st to July 16th, 2024), HDFC Life’s share price has closed higher 20 times and lower 6 times, indicating a positive trend.
  • Recent Trend: HDFC Life has been on a 10-day green streak, steadily climbing since July 2nd, 2024, without a single day closing in the red.
  • Returns: Over the past 26 trading sessions, HDFC Life has delivered impressive returns of 14.82%. This means an investment of ₹10,000 would have grown to ₹11,482.
  • Financial Insight: Looking at the bigger picture, HDFC Life has generated a strong revenue of ₹1,01,959.97 Crore over the past 12 months, and its profitability is evident with a profit of ₹1,574.08 Crore during the same period.
  • As of July 16th, 2024, HDFC Life boasts a substantial Market Capital of ₹1,36,391.64 Crore.
  • Summary: HDFC Life is currently exhibiting a robust bullish pattern, suggesting strong growth potential. If you’re interested in exploring potential price targets, check out HDFC Life Target for Tomorrow and HDFC Life Targets for 2024 & 2025 to gain insights into both short-term and long-term growth prospects.

HDFC Life Financial Performance

➲ Axis Bank (Bearish Trend)

  • Performance Overview: In the last 26 trading days, Axis Bank has closed lower than the previous day 10 times and higher 16 times. That means it’s had more good days than bad days, recently.
  • Recent Trend: Axis Bank has closed lower for the past two days, ending the trading day in red on both Friday, July 12th, 2024 and Monday, July 15th, 2024.
  • Returns: Axis Bank has delivered a 10.04% return over the past 26 trading days. If you had invested ₹10,000, you would have earned about ₹1,004.
  • Financial Insight: During the past 12 months, Axis Bank has generated a revenue of ₹63,399.29 Crore and achieved a profit of ₹26,386.19 Crore.
  • As of Tuesday, July 16th, 2024, Axis Bank has a Market Capitalization of ₹4,00,903.21 Crore.
  • Summary: Axis Bank is currently showing signs of a bearish pattern. We advise investors to keep a close eye on the stock’s movement. You can check out our predictions for Axis Bank’s Target for Tomorrow and Axis Bank’s Targets for 2024 & 2025 for more insight.

Axis Bank Financial Performance

Nifty 500 Performance Overview

The Nifty 500 opened the day at ₹23,256.84, displaying a bit of a roller coaster ride throughout the session. It dipped to a low of ₹23,181.69 before reaching a high of ₹23,288. In the end, it settled at ₹23,197.15, closing down 0.06% for the day.

The movement of the Nifty 500 was influenced by the top gainers and losers, 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

➲ Lux Industries (Bullish Pattern)

  • Performance Overview: In the last 26 trading sessions, Lux Industries has closed higher than the previous day 16 times and lower 10 times.
  • Recent Trend: Lux Industries has been on a 8-day winning streak, closing higher each day since Thursday, July 4th, 2024.
  • Returns: Over the past 26 trading sessions, Lux Industries has delivered a 34.52% return. This means that an investment of ₹10,000 would have grown to ₹13,452.
  • Financial Insight: Over the past 12 months, Lux Industries has generated revenue of ₹2,324.28 Crore and a profit of ₹129.52 Crore.
  • As of Tuesday, July 16th, 2024, Lux Industries has a Market Capital of ₹5,501.46 Crore.
  • Summary: Lux Industries is showing strong bullish signals. Investors interested in this company should keep a close eye on its price movements to identify both short-term and long-term opportunities: Checkout Lux Industries Target for Tomorrow and Lux Industries Targets for 2024 & 2025.

Lux Industries Financial Performance

➲ Chalet Hotels (Bearish Pattern)

  • Performance Overview: Over the last 26 trading sessions, Chalet Hotels has ended the day lower than it started 17 times and higher 9 times. This tells us that the stock has been trending downwards recently.
  • Recent Trend: Chalet Hotels has been on a 9-day red streak, without a single day closing in green since Wednesday, July 3rd, 2024. This sustained downward movement is a cause for concern for investors.
  • Returns: Chalet Hotels delivered a -6.18% return in the last 26 trading sessions, which means an investment of ₹10,000 would have become ₹9,382 during that period.
  • Financial Insight: Over the past 12 months, Chalet Hotels has generated a revenue of ₹1,417.25 Crore and created a profit of ₹278.16 Crore. These figures provide a glimpse into the company’s financial performance.
  • As of Tuesday, July 16th, 2024, Chalet Hotels has a Market Capital of ₹18,298.23 Crore. This figure represents the total value of all outstanding shares of the company.
  • Summary: Chalet Hotels is currently facing a challenging period, showing a bearish pattern. It’s important for investors to monitor the stock closely. We encourage you to check out Chalet Hotels Target for Tomorrow and Chalet Hotels Targets for 2024 & 2025 for insights into potential future price movements.

Chalet Hotels Financial Performance

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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.

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