Market Wrap-Up: Nifty 50 and Sensex Hit All-Time Highs, Top Gainers and Losers Revealed!

In today’s market wrap-up, the Nifty 50 and Sensex hit fresh all-time highs, with auto stocks Maruti and M&M stealing the show. Small-cap stock Sarveshwar Foods below ₹10 hit a 5% upper circuit. Aelea Commodities IPO price band has been set at ₹91-95 per share, with the SME IPO opening on July 12. The SEBI committee proposes stricter measures to curb derivatives volume, including raising lot sizes to ₹20-30 lakh.

Top companies have reduced their maximum debt in FY24, improving their financial health. Emcure Pharmaceuticals IPO is set to list tomorrow, with positive indications from the grey market. Zomato share price has risen over fivefold in 2 years, presenting an investment opportunity. Kaushalya Infrastructure has seen a 2537% increase in stock price in 5 years, making it a multibagger.

The Indian IPO season remains strong, with SMEs driving robust IPO activity in 2024. AMFI has raised the threshold for large-cap stocks to ₹84,300 crore. Nifty 50 has logged its highest monthly gain post-Lok Sabha election results, with a rise of 11%. Texmaco Rail & Engineering stock has slumped 6%, offering a potential buying opportunity.

In the commodity market, gold and silver prices are fluctuating. MCX will begin trading at 10 am due to technical issues. Affle India share price has jumped 7% to hit a 52-week high after Citi initiated a ‘Buy’ call. Mahanagar Gas share price rose 5% following CNG and PNG price hikes in Mumbai.

Overall, the market is showing a mix of highs and lows, with various stocks and sectors experiencing significant movements. Stay tuned for more updates on the market throughout the day.