Latest market news includes updates on Nifty 50 and Sensex movements, stock recommendations, and IPO updates.

From Hindustan Times: 2024-07-06 11:29:06

The latest market news today includes live updates on Nifty 50 and Sensex movements, as well as top gainers and losers. Follow Mint’s market blog for real-time updates on Dalal Street and global markets. In IPO news, Bansal Wire IPO GMP jumps on strong subscription status, while Emcure Pharma IPO GMP remains steady. Stock recommendations include SBI, Marico, and ONGC, with a focus on Yes Bank’s share price surge. Sovereign funds like GIC and ADIA are increasing investments in India, while Chinese and Indian stocks are favored over Japan in Asia’s second half. Gold prices climb to a six-week high on rising optimism for a US Fed rate cut. Oil snaps a weekly streak due to ceasefire talks in the Middle East, while Nvidia’s stock gets a rare downgrade post 154% returns. SEBI is conducting ‘surprise’ inspections on mutual fund executives, examining their digital devices for information on deals, trades, and brokers. Gold and silver prices in Delhi are also reported.

Sources: LiveMint.



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