Market Wrap-Up: Nifty 50 and Sensex Movements, Top Gainers and Losers, and Global Market Updates – Live Blog

In today’s market wrap-up, Hero MotoCorp’s share price is expected to see a 10% upside, making it a weekly pick by Axis Securities. The stock has already risen more than 77% in the past year and is trading near its 52-week highs.

Meanwhile, Titan’s stock slipped after a dull Q1 update, with competition clouds looming over the company. The elevated gold prices have impacted consumer demand, especially in the jewellery segment.

On the other hand, Servotech Power Systems and GRM Overseas saw positive movements in their share prices. Servotech Power Systems hit an upper circuit after a 15% rally in one month, while GRM Overseas jumped 8% following an announcement of overseas business expansion.

Paytm’s share price surged 10% and has already gained 18% in July so far. The stock has been on a winning streak since June, with a rise of over 11% last month.

In the real estate sector, TARC has been a multibagger stock, rallying 545% in 3 years and over 250% in the last 12 months. Ambit Capital predicts further upside for TARC due to its strategic advantages and growth potential.

Overall, retail investors have been a key force behind the market’s stellar performance, with a significant increase in equity holdings during market corrections. The number of Demat accounts has surged from 36 million in March 2020 to 160 million in June 2024.

Stay tuned for more updates on the market trends and top gainers and losers. Follow Mint’s market blog for real-time updates on your favorite companies and all things Dalal Street and global markets.