Stock Markets Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.
In the latest news, Paytm’s UPI market share has declined for the fourth straight month to 8% in May following a regulatory crackdown by the RBI. This setback has put pressure on the fintech pioneer as it struggles to regain its footing in the market.
On the other hand, Vaishali Parekh, Vice President – Technical Research of Prabhudas Lilladher Pvt. Ltd, has recommended two stocks – Tata Motors and GHCL, with a potential upside of over 15%. Investors are keeping a close eye on these picks for potential gains.
In the dividend stocks segment, Tata Motors, HUL, Adani Ent, Bajaj Auto, among others, are set to trade ex-dividend next week. Investors are advised to take note of these stocks and plan their investment strategies accordingly.
In the IPO news, Bajaj Housing Finance has filed a DRHP with SEBI to raise ₹7,000 crore via IPO. This development has caught the attention of market participants as they await further details on the IPO.
Additionally, the ixigo IPO by Le Travenues Technology Ltd is set to open on June 10 with a price band of ₹88 to ₹93 per share. The allocation breakdown for the issue includes 75% to QIBs, 15% to non-institutional investors, and 10% to retail investors.
As political developments unfold, some Bihar-based firms are likely to gain as Nitish Kumar becomes pivotal for the BJP-led NDA. The industrial growth and employment opportunities in the state may see a positive impact due to Nitish Kumar’s alliance with the government.
Lastly, stock market expert Sumeet Bagadia has recommended three stocks for Monday – Tech Mahindra Ltd, UltraTech Cement Ltd, and Dr Reddy’s Laboratories Ltd. Investors are advised to consider these recommendations for potential trading opportunities.
Stay tuned for more live updates on the stock markets and market trends. Follow Mint’s market blog for real-time insights and analysis on the latest market developments.
