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Market News Update: Stock Market Update and August 2024 Market Holidays List


The latest market news today live updates include a look at the Nifty 50 and Sensex movements, top gainers and losers, and how Asian and US markets fared. The market blog by Mint provides real-time updates on Dalal Street and global markets. The Indian equity markets will be closed for 10 days in August, including weekends and Independence Day holiday. On July 31, the Federal Reserve is scheduled to announce an interest rate decision, followed by Chair Jerome Powell’s press conference. The upcoming week will see the opening of two new IPOs, including Ola Electric and Akums Drug. DLF is targeting luxury projects in Gurugram, Mumbai, Goa, and Chandigarh Tri-city. Vinod Nair of Geojit Financial Services believes that the market is expected to align with Q1FY25 results. Ganesh Dongre recommends buying Aditya Birla Capital, Wipro, and Tata Power stocks. The market capitalization of six out of the top 10 valued firms jumped by ₹1.85 lakh crore, with LIC and Infosys being the biggest winners. Companies like SBI, Tata Steel, Coal India, BHEL, Pfizer, and Sun Pharma are set to declare earnings next week. Dharmesh Shah of ICICI Securities suggests buying Tata Power and Bank of Maharashtra stocks. Global cues, US Fed Policy, and Q1FY25 results will be key triggers for the stock market in the upcoming week.

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