Sensex and Nifty Update: July 9, 2024

Opening: Sensex and Nifty opened positively despite expectations of volatility.

Sensex :Up 169.52 points to 80,129.90
Nifty    : Up 43.25 points to 24,363.80

Market Analysis:

  • Focus shifting towards upcoming earnings reports from Indian companies.
  • Analysts predict a flat to slightly positive earnings growth for Q1 FY25.
  • Key sectors like Auto and BFSI expected to drive growth.
  • Technical outlook: Market remains stable with potential corrections.

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Ola Electric has a strong chance in India

Tue Jul 9 , 2024
Show drafts Ola Electric has a strong chance of becoming a dominant player in the electric two-wheeler (e2W) market in India, similar to Maruti Suzuki’s position in petrol vehicles. Market Leadership: Ola Electric currently leads the e2W market share in India with almost half the sales in Q1 FY 2024-25. […]

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