Market Wrap-Up: Latest Updates on Nifty 50 and Sensex Movements, Top Gainers and Losers, and Global Market Trends

The stock market has been buzzing with activity today, with several key developments taking place. Here are some of the top stories from today’s market updates:

1. Allied Blenders IPO: The grey market is signaling that Allied Blenders IPO listing price would be around ₹328, according to market observers. The listing date is likely tomorrow.

2. Mukul Agrawal portfolio: PTC Industries share price jumps 200% in one year, with strong Q4 results in 2024. Experts are expecting another set of strong quarterly numbers in the upcoming Q1 results season.

3. HDFC Bank share price may jump 10-15% on potential MSCI index weight increase. Nuvama predicts significant inflows of $3.2 billion to $4 billion if FIIs reduce their holding.

4. Niva Bupa IPO: Erstwhile-Max Bupa files DRHP for ₹3,000-crore public issue. Niva Bupa aims to raise ₹3,000 crore through an IPO and an OFS.

5. Budget 2024: A study cautions long-term investors against deciding investments based on expectations. The study found that Union Budget announcements since 2000 had no lasting effect on stock performances.

6. Nifty IT index jumps 3% to nearly 4-month high on Fed rate cut hopes. Persistent Systems leads with a 5.6% gain.

7. M&M shares rally 66% in 2024 so far, figure among top Nifty 50 gainers. The company’s growth in SUVs and successful new launches have been driving the stock price.

8. JK Tyre share price jumps 5%, gains 15% in 2 sessions. Experts are positive on the stock, with Emkay Global Financial Services giving a buy call and target price of ₹700.

9. The Yamuna Syndicate Ltd has the second-most expensive stock in India after MRF, delivering a 356% return in the past year. However, investing in it comes with risks due to low liquidity.

10. Sebi approved revised criteria for single stock derivatives, regulated entities associating with finfluencers, and delisting. Experts believe these changes will ensure market stability and investor protection.

These are just a few of the top stories from today’s market updates. Stay tuned for more real-time updates on your favorite companies and sectors.