Nifty 50 Experiences Modest Decline Amid Disappointing Q1 Earnings
Monday, 22 July 2024, 11:43
Nifty 50 Performance Analysis
The Nifty 50 index saw a slight decline of 0.08%, settling at 24,509.25 on Monday. The market's dip was mainly attributed to underwhelming Q1 earnings reports from key players including Wipro and Reliance.
Top Gains and Losses
- Grasim Industries stood out as the top gainer.
- Wipro was noted as the top loser.
Market Outlook Ahead of Budget
With the upcoming budget announcement on the horizon, the performance of such major firms is poised to significantly affect investor confidence and market trajectories.
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