Bitcoin Surges 2.7% to Reach $60,000 Again: What is Fueling the Rally? – Stay Updated with the Latest Market News as of July 14, 2024

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Market News Today Live Updates: Stay Informed with the Latest Market Wrap-Up and Updates on Nifty 50, Sensex, and More!

Market enthusiasts and investors, buckle up for today’s market wrap-up! The latest updates on Nifty 50 and Sensex movements, along with top gainers and losers, are here to keep you informed.

In the stock market, the market capitalization of 7 of the top-10 most valued firms has jumped by ₹1.72 lakh crore, with TCS leading the pack. The BSE benchmark rose by 522.74 points during the week, reaching a record closing level of 80,519.34 on Friday.

For those interested in IPOs, the upcoming week will see the opening of three IPOs in the SME segment and one in the mainboard segment. Additionally, Sebi has designated BSE as the supervisory body for investment advisers, ensuring smooth adoption of the framework by research analysts and investment advisors.

Looking at stock recommendations, Dharmesh Shah of ICICI Securities suggests buying BEL and LTIMindtree Ltd.

On the cryptocurrency front, Bitcoin has surged 2.7% to the 60,000 level again after experiencing a significant slump over the past nine days.

As we look ahead to the week, Q1 results, Budget 24 updates, and global cues are among the key market triggers to watch out for. Nifty 50 could aim for 25,000 if it can sustain the current level, but profit-booking is also possible.

Stay tuned to Mint’s market blog for real-time updates on your favorite companies and all things Dalal Street and global markets. Don’t miss out on the action!