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Latest Market News Today Live Updates July 7, 2024: Hedge funds that piled into big Tesla short stung by huge rally

Latest Market News 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.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

07 Jul 2024, 10:12 PM IST
Stock Markets Today Live Updates: Hedge funds that piled into big Tesla short stung by huge rally

  • About 18% of the 500-plus hedge funds tracked by data provider Hazeltree had an overall short position on Tesla at the end of June, the highest percentage in more than a year


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07 Jul 2024, 09:12 PM IST
Stock Markets Today Live Updates: Wall Street week ahead: Spotlight on consumer inflation, Jerome Powell’s testimony

  • The Consumer Price Index (CPI) report and Jerome Powell’s testimony may provide cues on Fed’s monetary policy path


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07 Jul 2024, 07:53 PM IST
Stock Markets Today Live Updates: Industry experts predict favourable outlook for auto industry, two-wheelers expected to lead

  • We also noted that extending the bank repayment cycle from 60 to 90 days has prompted OEMs to stock more inventory, as they now have an additional month to manage it. Inventory is increasing and could impact dealers’ profitability due to a longer borrowing cycle and increase in operational cost.


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07 Jul 2024, 07:02 PM IST
Stock Markets Today Live Updates: The next big power play on Wall Street

  • Hedge funds are fighting to win top traders of electricity and natural gas. But some question whether the outsize profits of recent years can be repeated.


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07 Jul 2024, 06:55 PM IST
Stock Markets Today Live Updates: Stocks to buy: BHEL and CDSL among top picks; here’s why

  • Rupak De, Senior Technical Analyst, LKP Securities, recommends buying BHEL, CDSL and Borosil next week.


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07 Jul 2024, 02:24 PM IST
Stock Markets Today Live Updates: Rushil Decor announces 1:10 stock split; record date fixed

  • According to the company’s statement, the split aims to increase the liquidity of its equity shares and make them more accessible to retail investors, thereby encouraging greater participation in the company’s shares.


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07 Jul 2024, 12:26 PM IST
IPO News Today Live Updates: Upcoming IPOs: One SME public issue, five listings scheduled for next week; check full list

  • Despite no new mainboard public offerings, the market will witness listings of Emcure Pharmaceuticals and Bansal Wire, both of which have garnered significant investor interest.


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07 Jul 2024, 12:10 PM IST
Stock Markets Today Live Updates: Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying SBI, and Aditya Birla Fashion tomorrow

  • Top Stock Recommendations: Dharmesh Shah of ICICI Securities has recommended two stocks to buy this week – State Bank of India (SBI), and Aditya Birla Fashion and Retail Ltd.


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07 Jul 2024, 10:54 AM IST
Stock Markets Today Live Updates: Mcap of 8 of top 10 most-valued firms climbs ₹1.83 lakh crore; TCS, Infosys biggest gainers

  • The present stock market rally has fuelled the Mcap of 8 of top 10 most-valued firms, as it increased by 1.83 lakh crore last week


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07 Jul 2024, 10:15 AM IST
Commodity News Today Live Updates: Gold and silver prices today on 07-07-2024: Check latest rates in your city

  • Gold And Silver Prices Today:Gold And Silver Prices Today : 10 gm of 24 carat gold was at Rs.74529.0 in Delhi whereas 1 kg of silver was Rs.90980.0 in Delhi.


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07 Jul 2024, 06:02 AM IST
Stock Markets Today Live Updates: Week Ahead: Inflation data, Q1FY25 Results, Budget updates, global cues among key market triggers this week

  • Stock Market Triggers: Analysts expect markets to consolidate at a higher zone, but the tone is likely to remain positive. Nifty 50 finds support at 24,100, but a breakout above 24,500 could signal the next bullish phase.


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07 Jul 2024, 02:16 AM IST
Commodity News Today Live Updates: Oil snaps weekly streak, settles 1% lower on ceasefire talks in Middle East; WTI up 2%, Brent at $86

  • Brent crude futures settled down 89 cents, or 1.02% lower, to $86.54 a barrel, after reaching their highest since April


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