Share Market News July 2: MOFSL, Angel One, Maruti Suzuki, Tata Motors, Tata Steel, other stocks to track on Tuesday
Share Market News July 2, 2024: Headline stock market indices Nifty50 and Sensex reached new record closing highs on Monday, marking a strong start to July in a surge powered by robust investor interest in financial and IT shares. Looking ahead to the next trading day on Dalal Street, here are several stocks poised to attract attention during the session on July 2.
Share Market News July 2, 2024; List of Stocks To Track: At around 8:13 am, GIFT Nifty futures traded higher by 0.18 per cent or 43.25 points at 24,249.5, indicating a positive opening on the D-Street.Domestic equity benchmarks Nifty50 and Sensex registered fresh record closing highs on Monday, the first trading session of July, driven by strong buying interest in financial and IT shares. As the focus shifts to the next session on Dalal Street, here are a bunch of stocks set to be in focus during the July 2 session:
Stocks in News | Tata Motors logs nearly 8% drop in domestic PV sales
Minutes after the trading hours on Monday, Tata Motors reported 7.9 per cent year-on-year decline in passenger vehicle sales in the domestic market to 43,524 units last month. Catch latest updates on auto sales
Share Market News | Angel One, other brokerage stocks in focus
In a setback for discount brokers, market regulator Sebi has directed market infrastructure institutions (MIIs) - such as stock exchanges - to implement a "uniform and equal" charge structure for all members rather than varying charges based on their volume or activity, confirming a Zee Business report earlier this month. Read more on this development
Stocks in News | OIL shares in the spotlight; here is why
Oil India Ltd (OIL) shares are slated to trade ex-bonus on July 2.
Quest Capital Markets shares to go ex-dividend
Quest Capital Markets shares are scheduled to trade ex-dividend on Tuesday.
Stocks in News | Swastika Investmart shares to trade ex-dividend
Swastika Investmart shares are all set to trade ex-dividend on July 2.
Other corporate action-bound stocks
Bajaj Consumer Care shares are due to trade ex-buyback on Tuesday.
At the same time, the Epigral stock will trade ex-dividend.
Stocks in News | Raymond demerger record date fixed
A record date of July 11 has been set for the demerger of Raymond Lifestyle and Ray Global Consumer Trading.
While Raymond Lifestyle is Raymond's lifestyle unit, and Ray Global Consumer Trading is its consumer trading arm.
Fertiliser Stocks in the Spotlight | Weather office IMD says monsoon to cover entire country in 2-3 days
The India Meteorological Department has predicted monsoon rains to cover the entire country over the coming 2-3 days, with above-average precipitation expected this month.
Stocks to Track | CDSL board to discuss bonus shares
CDSL's board is scheduled to meet on Tuesday to consider the issuance of bonus shares.
South Indian Bank advances up 11%, deposits up 8% in Q1
South Indian Bank has reported an 11.4 per cent increase in gross advances to Rs 82,510 crore and an 8.4 per cent increase in deposits to Rs 1.03 lakh crore during the quarter ended June 30.
Stocks in News | Maruti Suzuki production declines 2.9% in June
Maruti Suzuki India - the country's largest carmaker - has logged a 2.9 per cent year-on-year decrease in total production to 13.3 lakh units in June.
DCX Systems bags Rs 1,250-crore order from Larsen & Toubro
DCX Systems has secured an order to the tune of Rs 1,250 crore from L&T.