Daily Stock Market News: Sensex Is At 58,8296, Gained 166 Points Today. Nifty Is At 17,377, Gained 54 Points Today And Bank Nifty Is At 36,592, Minus 169 Points Today.
Daily Stock Market News : 06-09-2021
Top Gainers Of Stock Market
| COMPANY | PRICE | %GAIN |
|---|---|---|
| WIPRO | 686 | 4.79 |
| HCL TECH | 1,200 | 2.16 |
| INFOSYS | 1,730 | 1.75 |
| HINDALCO | 469 | 1.72 |
| RELIANCE | 2,425 | 1.55 |
Top Losers Of Stock Market
| COMPANY | PRICE | %LOSE |
|---|---|---|
| IOC | 111 | 1.33 |
| INDUSIND BANK | 991 | 1.18 |
| ONGC | 121 | 1.18 |
| BRITANNIA | 4,079 | 1.09 |
| KOTAK MAHINDRA | 1,774 | 0.97 |
Markets Are Rallying Continuously, Till Now In Nifty Rally Reliance Has Not Participated. But From Past Few Days Reliance Joined The Party And Reliance Is The One Which Carried The Markets In the Past Two Days. In Today’s Rally Also The Major Contributors Are Reliance And Infosys.
In the Last Ten Sessions, Nifty Rallied More Than 900 Points.
For More Info Like Only Buyers And Sellers Stocks Or 52 Week High Or Low Stocks Click Here.
Daily Stock Market News : FII & DII
From The Start Of This Month, Both FIIs And DIIs Are On Buying Side. But Today FIIs Turned To Be Net Sellers And DII Are Still The Net Buyers.
FIIs Sold For 589 Crores And DIIs Bought Doe 547 Crores.
Daily Stock Market News : Global Markets
Global Markets Are Also Positive. Global Markets Opened In Green But After Opening The Markets Corrected A Bit. The US Markets Are In Green, The Asian Markets Are Also In Green And SGX Is Also Up 45 Points And Indian Markets Opened In Green.
Reliance Master Plan
From Past Few Days Reliance Industries Rallied A Lot And We Are Hearing Multiple Updates Regarding Reliance. Reliance Is Also Entering Into Green Energy Business.
But Above All, MUKESH AMBANI Is Getting Ready With His Master Plan, Discussions Are Already In The Market On This News And This Has Been The Talk Of The Town.
The News Is That Reliance Is Going To Announce Some Big And Important Updates Regarding The Telecom Industry On VINAYAKA CHAVITHI, Which Is Sep 10.
Previously In Reliance AGM. MUKESH AMBANI Announced That Reliance Is Going To Release A Brand New Smartphone At The Cheapest Price Possible, In Collaboration With Google On Sep 10.
The Master Plan Is That When Ever Reliance Launches A Phone. They Will Tie Up It With JIO. Previously Reliance Launched A Low-Cost Mobile And Increased Their JIO Subscriber Base. But As It Is Not A Smartphone, Most Of The People Are Not Recharging It.
And As A Result, Reliance Is Not Able To Increase Its ARPU ( Average Revenue Per User).
But Now Reliance Is Coming Out With A Smartphone And If They Link It With Their Old Phone And Successfully Convert Their Old Phone Users To New Smartphone. Then It Is The Biggest Win For Reliance Industries.
CLSA Made A Statement That If The Phone Cost Is Below 5000 Rupees. Then Reliance Can Sell About 20 Lakh Phones Per Month, This Is Huge And Very Big Advantage For Reliance.
The Smartphone Is Also Going To Very Cheap. Who Knows Ambani May Surprise Us With The Pricing. The Main Aim Of Reliance Is Not To Make Money By Selling Phones. But To Tie Up With JIO And To Increase Their Subscriber Base.
ALUMINIUM Stocks
Guinea Country Is Now In The Control Of Their Army. The Army Seized Their Government And The Whole Country Is Now In The Control Of The Army.
Guinea Produces 82 Million Tonnes Of Bauxite Ore Every Year And Guinea Contribute To Around 25% Of Bauxite Exports Globally.
Bauxite Is The Ore Of ALUMINIUM, From That Ore Metals Are Extracted. In Simple Terms, Bauxite Is The Raw Material Of ALUMINIUM. As The Country is In The Control Of the Army, It Will Have Impact On The Exports.
So As The supply Decreases, Automatically The Prices Will Increase. This Is A Positive News For NALCO, The Complete Business Of NALCO Is In ALUMINIUM And Other Companies In ALUMINIUM Are Hindalco And Vedanta.
Tata Motors
Tata Motors UK JLR Sales Data Is Weak. JLR Sold 1,871 Units In August Compared To 3,101 Year Over Year And 4,528 Units Month On Month. As The Market Is Already Negative On Auto Sector Due To Chip Shortage. Tata Motors Share Is Not Fallen.
Welspun India
Welspun India Rallied More Than 9% Today. The Reason Behind This Rally Is Welspun India Got US FDA Approval For Their Surgical Masks And Welspun India Is The First Indian Company To Get Approval From US FDA For Surgical Masks.
As They Got US FDA Approval, Now They Can Export These Masks To the US. So That They Can Get Better Earnings And Margins In Future. On This Expectations, The Stock Rallied More Than 9%.
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