Market Wrap-Up: Nifty 50 and Sensex Movement, Top Gainers and Losers, Global Market Updates, and More!

Stock Markets Today Live Updates: Sensex and Nifty 50 hit fresh record highs for the third consecutive session, extending their gains. The market wrap-up for today includes the surge in Himadri Speciality Chemical stock by 5% after reporting a 43% growth in net profit. The company’s revenue from operations also increased significantly, especially in carbon materials and chemicals.

In other news, expectations for the FY25 Union Budget in India include increased capex spending in infrastructure, higher railway investments, and support for startups and MSMEs. The market is closely watching the budget announcements for potential impacts on various sectors.

AMC stocks have seen a significant uptrend, with Aditya Birla Sun Life AMC shares gaining 52% in 2024. However, Centrum Broking predicts limited upside for HDFC AMC, ABSL AMC, and UTI AMC due to substantial rallies.

The market blog also covers updates on Prestige Estates’ bookings, Budget 2024 expectations, and the impact of HDFC Life on the mutual fund industry. Stay tuned for real-time updates on your favorite companies and all things Dalal Street and global markets.