CLOSE X
Downloads
Online KYC
Daily Newsletter
Policies
feedback
Blogs
Nirman Broking
OPEN AN ACCOUNT
Market Analysis Today
About Us
Product & Services
Share Broker
Partner with us
Platforms
Education
Contact Us
GLOBAL MARKET
BACK OFFICE
TRADE ONLINE
REFER & EARN
OPEN AN ACCOUNT
X
BECOME AN ASSOCIATE
and be the part of our growth
Select State
Andaman & Nicobar
Andhra Pradesh
Arunachal Pradesh
Assam
Bihar
Chandigarh
Chhattisgarh
Dadra & Nagar Haveli
Daman & Diu
Delhi
Goa
Gujarat
Haryana
Himachal Pradesh
Jammu & Kashmir
Jharkhand
Karnataka
Kerala
Lakshadweep
Madhya Pradesh
Maharashtra
Manipur
Meghalaya
Mizoram
Nagaland
Orissa
Pondicherry
Punjab
Rajasthan
Sikkim
Tamil Nadu
Tripura
Uttar Pradesh
Uttarakhand
West Bengal
Select City
X
OPEN AN ACCOUNT
Select State
Andaman & Nicobar
Andhra Pradesh
Arunachal Pradesh
Assam
Bihar
Chandigarh
Chhattisgarh
Dadra & Nagar Haveli
Daman & Diu
Delhi
Goa
Gujarat
Haryana
Himachal Pradesh
Jammu & Kashmir
Jharkhand
Karnataka
Kerala
Lakshadweep
Madhya Pradesh
Maharashtra
Manipur
Meghalaya
Mizoram
Nagaland
Orissa
Pondicherry
Punjab
Rajasthan
Sikkim
Tamil Nadu
Tripura
Uttar Pradesh
Uttarakhand
West Bengal
Select City
Market Analysis Today
Stock Market Updates
Feb 02 2024
Market Update – Friday, February 2nd 2024**
GLOBAL MARKET UPDATE:
GIFT Nifty (+178, 21917)
Dow Future (+9, 38529)
Nikkei (+396, 36351)
Hang Seng (+231, 15798)
Dow Jones (+370, 38520)
Nasdaq (+198, 15362)
Bovespa (+729, 128481)
Stock in Action (Stock To Buy )
🔸 TVS Motor
The company reported January sales at 3.39 lakh units, up 23% YoY and motorcycle sales at 1.55 lakh units, up 29% YoY. The company`s EV sales stood at 16,276 units, up 34% YoY and total exports at 69,343 units, up 22% YoY
🔸 Hero MotoCorp
The company reported total sales at 4.33 lakh units, up 22% YoY and exports at 12,664 units, up 75% YoY for January. The company`s motorcycle sales stood at 4.02 lakh units, up 21% YoY
🔸 NMDC
The company reported sales at 4.56 MT up 19% YoY and production at 4.54 MT up 8.1% YoY for January
Stocks in Action ( Stock for Intraday trade Today)
🔸 Dixon Technologies
Nirupam Sahay resigned from the position of president and chief operating officer with immediate effect
🔸 Sheela Foam Ltd
The Company has completed the sale of a piece of land and building situated at Gautam buddha Nagar Rs. 22 Crores
🔸 Bajaj Electronic
Electronics Mart India Limited has commenced the commercial operation of two new Multi Brand Stores under the brand name ‘BAJAJ ELECTRONICS’ on 1st February 2024
🔸 Tata Consumer
The Board of Directors of the Company, to acquire 100% of the issued equity share capital of Capital Foods Private Limited in a phased manner
🔸 Bata
The Board of Directors of the company accorded its in‐principle approval for monetizing the Company`s freehold industrial land admeasuring approximately 11.54 acres situated in Faridabad
Stock To Watch (Stock of the Day)
🔸Firstsource Solution
The company Debuts on Dow Jones Sustainability Index with a 96th Percentile Rating
🔸 MGL
The Company has acquired 100% equity shares of Unison Enviro Private Limited (UEPL) through purchase of shares from its existing shareholders at a cash consideration of Rs. 562.09 Crore Accordingly, UEPL has become Wholly-Owned Subsidiary of the Company
🔸 FSN E-Commerce Ventures
The company will invest $2.5 million into Nysaa Beauty LLC for operational support
Result Today
BANKINDIA
CENTURYTEX
DELHIVERY
DEVYANI
DHAMPURSUG
DHANBANK
ENGINERSIN
GAEL
INDIGO
JUBLPHARMA
LICHSGFIN
MEDPLUS
METROPOLIS
TATAMOTORS
TATAMTRDVR
TITAGARH
UJJIVAN
UPL
Securities in Ban For Trade Date 02-FEB-2024:
1 INDIACEM
2 INDUSTOWER
3 SAIL
4 ZEEL
Market View
Wall Street zooms higher in Thursday’s trade, as investors shrug off Powell`s indication that a March Federal Reserve cut is unlikely.
Gift Nifty is seen running out the gate* after Meta surged 15% after reporting strong quarterly results, announcing its first ever quarterly dividend and authorizing a $50 billion share buyback program. Amazon also rallied 7% on better-than-expected earnings and revenue, while Apple tumbled 3% after reporting a decline in China sales.
WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:
# At Thursday’s close, the Dow was up 370 points, or 1%. The S&P 500 was up 1.3%. The tech-heavy Nasdaq Composite gained 1.3%.
# All three indexes had closed with losses on Wednesday following the Federal Reserve`s monetary policy meeting. Wall Street is now betting on a 38.5 % chance of a rate cut in March.
# Apple, Amazon, and Meta Platforms were to report earnings after the market close. *Meta stunned Wall Street on 1st ever dividend.*
Their quarterly reports will offer insight into the health of small businesses, consumers that use their services, and their strides on artificial intelligence.