Stock Market Today: The Indian stock markets are expected to open flat to positively today, according to GIFT Nifty. At 24,491 levels, the GIFT Nifty futures are up by 29 points while writing. On Wall Street, the Nasdaq fell 0.93 percent, while the S&P 500 fell by 0.51%. Conversely, the small-cap Russell 2000 had a 1.26 percent increase as investors continued to shift from tech stocks to small caps. With a 0.2% increase, the Dow Jones Industrial Average beat the other major averages in the wake of the second-quarter GDP growing faster than anticipated. According to data, the US economy expanded by 2.8% during that quarter.
Stock Market Today: Stocks in focus
Tech Mahindra
An international provider of information technology services and consulting, Tech Mahindra is an Indian business. Tech Mahindra, a provider of IT services, announced on Thursday that its consolidated net profit for the June quarter increased by 23% year over year to Rs 851 crore.
Adani Green
An Indian provider of renewable energy is Adani Green Energy Limited (AGEL). The Indian company Adani Group owns the majority of it, while TotalEnergies owns a minority share. One of the biggest solar photovoltaic facilities in the world, Kamuthi Solar Power Project, is run by the firm. Adani Green announced on Thursday that its consolidated net profit for the first quarter ended June 2024 increased by 38% to Rs 446 crore.
Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited or it’s writer never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER
