Dalal Street went on a bullish run; All the sectors ended in green except the IT index; Broader market indices ended with little gains

POST-MARKET REPORT

The record run continued on Dalal Street on the second consecutive session on July 15 with Nifty climbing to an all-time high amid buying across the sectors, barring Information Technology.

At close, the Sensex was up 145.52 points or 0.18 percent at 80,664.86, and the Nifty was up 84.55 points or 0.35 percent at 24,586.70.

ONGC, Shriram Finance, SBI Life Insurance, Bajaj Auto, and SBI were among the top gainers on the Nifty, while losers were LTIMindtree, Asian Paints, Grasim Industries, Tata Steel and Axis Bank.

Among sectors, except IT all other sectoral indices ended in the green with auto, pharma, PSU Bank, realty, and oil & gas indices up 1-3 percent.

The BSE midcap index gained 1 percent while the smallcap index was up 0.2 percent.

STOCKS TODAY

Ugro Capital: The company shares rose around three percent in the afternoon session on July 15, after the NBFC reported a positive business update for the quarter that ended June 30, 2024. The firm’s assets under management (AUM) were up 36 percent at Rs 9,200 crore for the quarter, as against Rs 6,777 crore recorded in the same quarter during the year-ago period.

Antony Waste: Shares hit an all-time high of Rs 620 per share on July 15 after it showcased a strong June-ended quarter (Q1FY25) business update. In its Q1 business update, the company said that its core revenue jumped by 11 percent year-on-year (YoY) led by sales of refuse-derived fuel (RDF) and power. They also reported remarkable plant efficiency in Q1FY25, with plant load factor up by 89 percent YoY.

Varun Beverages: Shares of Varun Beverages surged by 2.4 percent to Rs 1,622 per share on July 15 after it entered into an exclusive snacks franchising appointment with Dubai-based Premier Nutrition Trading. This agreement allows Varun Beverages to manufacture, distribute, and sell ‘Simba Munchiez’ in Zimbabwe and Zambia.

Tanla Platforms: Shares of the company skyrocketed over 10 percent on July 15 after the company informed that it had signed a commercial agreement with a global tech major on wisely ATP to combat scams on their messaging platform by identifying fraudulent phone numbers.

Jupiter Wagons: Shares gained over 5 percent after the company said it raised Rs 800 crore through a qualified institutional placement (QIP). The floor price for QIP was fixed at Rs 689.47 and the company issued and allotted 12.2 million equity shares at Rs 655.5 per share.

Avenue Supermarts: DMart parent Avenue Supermarts reported its earnings for the first quarter of the current fiscal year, with the net profit and revenue coming in line with expectations. The Street cheered the Q1 show as DMart shares surged over two percent in early trade on July 15.