Rushil Decor Announces 1:10 Stock Split with Record Date Set: Live Updates on July 7, 2024

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Market enthusiasts and investors, here’s your daily dose of the latest market news today live updates! Stay tuned to catch up on all the action from Dalal Street and global markets.

In the most recent update, Rushil Decor has announced a 1:10 stock split with a fixed record date. This move aims to enhance the liquidity of its equity shares and make them more accessible to retail investors, encouraging greater participation in the company’s shares.

Looking ahead, the IPO market is set to witness one SME public issue and five listings next week. Emcure Pharmaceuticals and Bansal Wire are among the companies generating significant investor interest.

For stock recommendations, Dharmesh Shah of ICICI Securities suggests buying State Bank of India (SBI) and Aditya Birla Fashion and Retail Ltd. Keep an eye on these potential movers in the market.

The market rally has propelled the market capitalization of 8 of the top 10 most-valued firms by ₹1.83 lakh crore. TCS and Infosys emerged as the biggest gainers in this surge.

In the commodity market, gold and silver prices are fluctuating. Stay updated on the latest rates in your city to make informed investment decisions.

Looking ahead, key market triggers this week include inflation data, Q1FY25 results, budget updates, and global cues. Analysts anticipate a positive tone in the market, with Nifty 50 finding support at 24,100.

In the oil market, prices settled lower as ceasefire talks in the Middle East impacted trading. Brent crude futures dipped to $86.54 a barrel after reaching their highest level since April.

For real-time updates on your favorite companies and comprehensive market coverage, follow Mint’s market blog. Stay informed and ahead of the curve with all the latest market developments.