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

In today’s market wrap-up, there are several key developments that investors need to be aware of. SEBI is currently investigating Sanjiv Bhasin’s role in stock market manipulation, with digital assets being examined for evidence. This investigation could have significant implications for the market.

On a more positive note, a penny stock has turned into a multibagger, with a remarkable increase from ₹1.50 to ₹354 in just five years. This success story serves as a reminder of the potential gains that can be made in the market.

In the IPO space, Vraj Iron and Steel IPO has seen strong demand on the first day of bidding, with a subscription status of 1.99 times. Investors should be aware of the risks involved before investing in this IPO.

Commodity news reveals that silver prices have plunged to a six-week low, down 10% from recent peak due to a stronger U.S. dollar and hawkish comments on rate cuts. This could have implications for investors in the commodity market.

In the stock market, Prince Pipes and Fittings saw a significant gain after a brokerage house reiterated a ‘buy’ call on the stock. Similarly, Akme Fintrade’s stock touched the upper circuit after a positive debut on Dalal Street.

Overall, it’s important for investors to stay informed about the latest market news and updates to make informed decisions. Follow Mint’s market blog for real-time updates on your favorite companies and stay ahead of the curve in the world of finance.