Stock Market Today

Date: 31 May 2024 Stock Market Highlights

The stock market today saw significant market volatility as investors braced for the upcoming GDP data release later today, alongside anticipation surrounding the 'Exit Poll' for the Lok Sabha general election scheduled for June 1.

• Sensex was up by 75.71 points or 0.10%, closing at 73,961.31.
• Nifty concluded the day at 22,530.70, increasing by 42.05 points or 0.19%.
• Bank Nifty ended the day with a surge of 301.60 points or 0.62% at 48,983.95.

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Metal, power, telecom, and realty sectors increased by 1-2%.
• Media, FMCG healthcare, and Information Technology indices decreased by 0.3-1%.
• BSE midcap index remained unchanged.
• Smallcap index rose by 0.8%.

Market Update

• TPG Asia VII SF Pte has exited R R Kabel.
• The board of Hilton Metal Forging has approved the sub-division of 1 equity share into 10 equity shares.
• Suzlon has secured a new order of 81.9 MW.
• Wipro shareholders have approved Delaporte's $4.33-million severance package.
• Jupiter Wagons' subsidiary has received ARAI certification.
• PVR Inox has opened a 3-screen multiplex in Machilipatnam, Andhra Pradesh.
• Tilaknagar Industries has launched Green Apple flavoured brandy.
• An inspection at Medicamen Biotech's facility has concluded with some observations.
• Sun Pharma has accepted a preferential offer to acquire 14.28% shares of the Indian Foundation.
• Jio Financial Services has launched the JioFinance app in Beta version.
• A subsidiary of Tube Investments has increased its stake in IPLTech Electric.
• Adani Group's FY24 profit has increased by 55%, crossing Rs 30,000 crore.
• Waaree Renewable Technologies has secured a solar power project worth Rs 65.22 crore.
• KIMS Hospital has entered into a lease agreement to set up a super-specialty hospital in Bengaluru.
• Cochin Shipyard has received an order from Adani Harbor Services Co.
• Canara Bank plans to reduce its ownership stake in Canara HSBC Life Insurance by 14.50% through an Initial Public Offering (IPO).
• Koronox Lab Sciences' IPO will open for subscription on Monday, June 3, 2024.

Date: 30 May 2024 Stock Market Highlights

The bears exerted firmer control over Dalal Street on the stock market today as the benchmark indices continued their downward trend for the fifth consecutive session, with the Nifty closing below 22,500 at the end of May's Futures and Options expiry.

• Sensex fell by 617.30 points or 0.83%, closing at 73,885.60.
• Nifty concluded the day at 22,488.65, decreasing by 216.05 points or 0.95%.
• Bank Nifty ended the day with a surge of 181 points or 0.37% at 48,682.35.

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Bank index gained 0.5 percent.
• Auto, FMCG, Metal, IT, Healthcare indices dropped by 1-2 percent.
• BSE midcap and smallcap indices each decreased by 1.2 percent.

Market Update

• Rail Vikas Nigam has secured a project worth Rs 38.10 crore.
• Brahmaputra Infra has bagged a contract worth Rs 50.8 crore from the National Highway Authority of India.
• Aditya Birla Capital has invested Rs 300 crore in Aditya Birla Housing.
• JSW Steel is set to launch its indigenous 'JSW Magsure' product line.
• Alembic Pharma has received final approval from the USFDA and FDA for its Sacubitril & Valsartan tablets.
• Mahindra Logistics has formed a joint venture with Seino Holdings in India.
• The Reserve Bank of India's balance sheet size has increased by 11% YoY to Rs 70.4 lakh crore in FY24.
• The RBI has imposed business restrictions on Edelweiss group's EARCL and ECL Finance.
• Jash Engineering has inaugurated a new manufacturing facility for Waterfront Fluid Controls Ltd. in Glasgow, UK.
• Awfis Space Solution Limited shares were listed with strong gains on the stock exchanges on May 30 at Rs 435, commanding a premium of 13.5 percent over the issue price of Rs 383. The stock was volatile during the session and closed at Rs 421.
• NSE Indices launches India’s first Electric Vehicle Index - Nifty EV & New Age Automotive index.

Q4 Result Update 

Q4 Results Declared

• Lemon Tree Hotels' profit surged 42.3% to Rs 84 crore compared to Rs 59 crore, with revenue rising 29.5% to Rs 327.3 crore.
• Bata India’s Q4 profit declined 3% to Rs 63.6 crore from Rs 65.6 crore, while revenue rose 2.5% to Rs 797.9 crore.
• Advani Hotels' total income rose 0.9% YoY to Rs 33 crore in Q4FY24.
• Marksans Pharma’s Q4 profit fell to Rs 78 crore from Rs 82 crore YoY.
• RHI Magnesita's Q4 loss narrowed to Rs 257.9 crore from a loss of Rs 678.9 crore, with revenue increasing 7.8% to Rs 943.3 crore.
• NOCIL's Q4 profit jumped 46.7% to Rs 41.5 crore from Rs 28.3 crore, while revenue fell 9.2% to Rs 356.5 crore.
• GMR Airports' Q4 net loss narrowed to Rs 167.6 crore from a loss of Rs 638.9 crore.
• Nile's Q4 net profit was down 28% YoY, with a net profit of Rs 6.1 crore compared to Rs 8.5 crore (YoY), and revenue down 20%.
• Godfrey Phillips India’s Q4 net profit was up 46% at Rs 214.2 crore from Rs 147 crore, with revenue up 21%.
• Andhra Sugar’s Q4 profit was Rs 9 crore compared to Rs 28 crore.

Date: 29 May 2024 Stock Market Highlights

The stock market today extended its losing streak for the fourth consecutive session as the Nifty dipped to 22,700. This decline was fueled by selling pressure observed in sectors such as oil & gas, IT, realty, and banking.

• Sensex fell by 667.55 points or 0.89%, closing at 74,502.90.
• Nifty concluded the day at 22,704.70, decreasing by 183.45 points or 0.80%.
• Bank Nifty ended the day with a fall of 640.80 points or 1.30% at 48,501.35.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Capital goods, telecom, healthcare, metal, and power sectors ended in the green.
• Auto, bank, FMCG, IT, oil & gas, and realty sectors were down by 0.3-1 percent.
• BSE midcap index fell by 0.4 percent.
• Smallcap index rose by 0.2 percent.

Market Update

• ITC Hotels, a wholly-owned subsidiary, has received approval from the Competition Commission of India for the proposed demerger of the Hotels Business of ITC into ITC Hotels.
• Aditya Birla subsidiary Novelis files for a US IPO, with a price band set at $18-21 per share.
• The Competition Commission of India (CCI) has approved the proposed acquisition of an 11% stake in HDFC Credila Holding by Shinhan Bank.
• Suzlon secures a new 551.25 MW order.
• Man Industries receives new orders worth approximately Rs 490 crore.
• Norges Bank buys a stake in Concord Biotech.
• Tiger Logistics launches FreightJar 2.0 to upgrade its freight booking and management platform.
• Blue Dart expands its electric vehicle (EV) fleet, now boasting 480 e-vehicles.
• Power Mech Projects bags a contract worth Rs 563 crore.
• Intellect Design Arena launches two AI platforms, ICPX and IAPX.
• MG India partners with HPCL for an EV charging network.
• HCLTech infuses GenAI into its MRO solution.
• Reliance Industries signs a one-year deal with Rosneft to buy 3 million barrels of oil.
• Oil India has signed an MoU with Hindustan Petroleum Corporation to collaborate on a conventional and alternative energy portfolio.

Q4 Result Update 

Upcoming Result on 30th May 2024

• Aarey Drugs & Pharmaceuticals
• Aartech Solonics
• Archidply Decor
• Authum Investment & Infrastructure
• AJR INFRA AND TOLLING
• Akash Infra Projects
• Anik Industries
• Apollo Hospitals Enterprise
• Arcotech
• Arshiya
• Amit Spinning Industries
• Avonmore Capital & Management Services
• AYM Syntex
• Balaji Telefilms
• Bang Overseas
• Banka BioLoo
• Black Box
• B&B Triplewall Containers
• Bharat Dynamics
• Mrs. Bectors Food Specialities
• BF Investment
• BF Utilities
• BGR Energy Systems
• Biofil Chemicals & Pharmaceuticals
• Bkm Industries
• B. L. Kashyap and Sons
• Bodhi Tree Multimedia
• Barak Valley Cements
• Country Club Hospitality & Holidays
• Celestial Biolabs
• Century Extrusions
• Cinevista
• Confidence Petroleum India
• Country Condo's
• Creative Eye
• Cambridge Technology Enterprises
• Dishman Carbogen Amcis
• Dharmaj Crop Guard
• Debock Industries
• Diligent Media Corporation
• D P Wires
• DS Kulkarni Developers
• Dynacons Systems & Solutions
• Ducon Infratechnologies
• Dynemic Products
• Eastern Silk Industries
• Elgi Rubber Company
• Emami Realty
• Filatex Fashions
• Flexituff Ventures International
• Ganesh Benzoplast
• Gateway Distriparks
• Generic Engineering Construction and Projects
• Genesys International Corporation
• Gloster
• Godfrey Phillips India
• Goenka Diamond and Jewels
• GSS Infotech
• Gujarat Alkalies and Chemicals
• Gujarat Apollo Industries
• Hardwyn India
• Housing Development and Infrastructure
• Hinduja Global Solutions
• Hilton Metal Forging
• Hisar Metal Industries
• HMA Agro Industries
• India Nippon Electricals
• India Pesticides
• IZMO
• JBF Industries
• Jindal Cotex
• JITF Infralogistics
• JNK India
• Jtekt India
• Kalyani Forge
• Kanani Industries
• Kaushalya Infrastructure Development Corporation
• Kavveri Telecom Products
• DSJ Keep Learning
• Kellton Tech Solutions
• Kernex Microsystems (India)
• Kernex Microsystems (India)
• Keynote Financial Services
• Kalyani Investment Company
• Kiri Industries
• KSS
• La Opala RG
• Lasa Supergenerics
• Libas Consumer Products
• Lux Industries
• Maan Aluminium
• Maheshwari Logistics
• Mangalam Organics
• Marksans Pharma
• MBL Infrastructure
• Mcleod Russel India
• Modern Threads (India)
• Mold-Tek Packaging
• Credo Brands Marketing
• Muthoot Finance
• Manoj Vaibhav Gems N Jewellers
• NACL Industries
• Nagreeka Exports
• Nahar Industrial Enterprises
• North Eastern Carrying Corporation
• Nupur Recyclers
• Orissa Bengal Carrier
• Onelife Capital Advisors
• Oricon Enterprises
• Oriental Trimex
• Ortin Laboratories
• Osia Hyper Retail
• ShreeOswal Seeds And Chemicals
• PAKKA
• Panacea Biotec
• Pavna Industries
• PC Jeweller
• Prime Focus
• Power & Instrumentation (Gujarat)
• Plaza Wires
• Praj Industries
• Premier Explosives
• Prudential Sugar Corporation
• PTC India
• Radhika Jeweltech
• Rajesh Exports
• Rama Phosphates
• Rama Steel Tubes
• Regency Ceramics
• Reliance Capital
• Reliance Infrastructure
• Reliance Home Finance
• Roto Pumps
• Sakuma Exports
• Salasar Techno Engineering
• Sanginita Chemicals
• Sastasundar Ventures
• SECUREKLOUD TECHNOLOGIES
• SEL Manufacturing Company
• Setco Automotive
• Shirpur Gold Refinery
• Shradha Infraprojects
• Sical Logistics
• Signet Industries
• Sikko Industries
• Sindhu Trade Links
• Sky Gold
• Snowman Logistics
• Somi Conveyor Beltings
• Spentex Industries
• SPML Infra
• SRM Contractors
• Shree Ram Proteins
• Steelcast
• Sunteck Realty
• Superhouse
• Supreme Engineering
• Suvidhaa Infoserve
• SVP GLOBAL TEXTILES
• Swan Energy
• Take Solutions
• Tarmat
• Tarsons Products
• TBO Tek
• Tembo Global Industries
• Ujaas Energy
• Udayshivakumar Infra
• V2 Retail
• Vaishali Pharma
• Vaishali Pharma
• Valecha Engineering
• Vaxtex Cotfab
• Venus Remedies
• Viceroy Hotels
• Vinny Overseas
• Vipul
• Visa Steel
• Visesh Infotecnics
• Welspun Corp
• Yatra Online
• Zenith Exports
• Zodiac Clothing Company

Q4 Results Declared

• RR Kabel's profit rose 20.6% YoY to Rs 78.7 crore compared to Rs 65.3 crore, with revenue jumping 15.7% to Rs 1,754 crore.
• NBCC's profit increased by 24.5% to Rs 141.5 crore versus Rs 113.6 crore, and revenue surged 43% to Rs 4,024.5 crore.
• Zuari Industries' total income dropped 21% YoY to Rs 252 crore in Q4FY24.
• Indo National's net loss narrowed to Rs 8 crore in Q4FY24 from Rs 23 crore in Q4FY23.
• Seamec reported a profit of Rs 52.7 crore in Q4, with revenue jumping 87.8% to Rs 236.4 crore.
• Sakthi Sugars' Q4 net profit declined by 51% to Rs 107.5 crore from Rs 220 crore YoY, with revenue down 8.5% to Rs 298.8 crore.
• SMS Pharma's Q4 net profit surged 99% to Rs 16.1 crore compared to Rs 8.1 crore YoY.
• Alkem Labs' net profit was Rs 294 crore versus Rs 70.98 crore YoY.
• HeidelbergCement's Q4 net profit increased 37.4% to Rs 48.1 crore from Rs 35 crore YoY.
• KIOCL reported a Q4 net loss of Rs 43 crore compared to a profit of Rs 82 crore YoY.
• Samvardhana Motherson's Q4 net profit was Rs 1,372 crore compared to Rs 654 crore YoY.
• Jubilant Pharmova's Q4 losses were Rs 59 crore versus a loss of Rs 97.9 crore YoY.
• Deepak Fertilisers' Q4 profit was Rs 215 crore versus Rs 255 crore YoY.
• Emami's Q4 net profit rose 3.7% to Rs 146.8 crore compared to Rs 141.6 crore YoY.
• Jyoti Structures' Q4 net profit was Rs 14.7 crore compared to Rs 5.6 crore YoY.
• IFB Industries reported a Q4 profit of Rs 12 crore.
• SJVN's Q4 consolidated net profit jumped two-fold to Rs 61.08 crore.
• Aster DM Healthcare's Q4 results showed a net loss of Rs 2.17 crore, with revenue up 22%.
• Prestige Estates' Q4 profit dropped 70% to Rs 140 crore.

Date: 28 May 2024 Stock Market Highlights

The stock market today following a surge to record highs in the preceding session, the Indian benchmark indices continued to consolidate.

• Sensex fell by 220.05 points or 0.29%, closing at 75,170.45.
• Nifty concluded the day at 22,888.15, decreasing by 44.30 points or 0.19%.
• Bank Nifty ended the day with a fall of 139.65 points or 0.28% at 49,142.15.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Oil & Gas, Capital Goods, Telecom, PSU Bank, Power, and Realty sectors declined by 1-2%.
• Pharma index saw a modest increase of 0.5%.
• BSE Midcap index dropped by 0.5%.
• Smallcap index experienced a 1% decline.

Market Update

• Wipro collaborates with the Centre for Brain Research, an autonomous, non-profit research organization hosted at the Indian Institute of Science (IISc).
• Parent entity Timken Singapore is looking to sell a 6.6% stake worth Rs 1,775 crore in Timken India.
• The board of HPCL has recommended issuing bonus shares in the ratio of 1:2, i.e., one bonus equity share of Rs 10 each for every two existing equity shares of Rs 10 each, fully paid up, as of the record date, June 21, 2024.
• Tencent Cloud Europe may sell a 1.2% stake in PB Fintech.
• Va Tech Wabag secures a 5-year operation & maintenance contract.
• Poonawalla Fincorp and IndusInd Bank launch a co-branded credit card.
• BHEL enters into a technology transfer agreement with Bhabha Atomic Research Centre.
• USFDA issues Form 483 to Laurus Lab with five observations.
• Marksans Pharma's arm Relonchem receives market approval for a seizure drug.
• Intellect Design launches Canada-ready eMACH.ai cloud for banks and credit unions.
• DroneAcharya Aerial signs an MoU with Chennai's Zuppa Geo Tech.
• Power Grid starts commercial operations at RIL Jamnagar oil refinery.
• Sterlite Tech partners with Connexin to promote gigabit connectivity and community empowerment.
• RVNL emerges as the lowest bidder for a project worth Rs 72.7 crore.
• Coal India incorporates Bharat Coal Gasification & Chemicals in partnership with BHEL.

Q4 Result Update 

Upcoming Result on 29th May 2024

• 3i Infotech
• Aadhar Housing Finance
• Aarvee Denims & Exports
• Accuracy Shipping
• AGS Transact Technologies
• Ahluwalia Contracts (India)
• AksharChem India
• Alkem Laboratories
• Almondz Global Securities
• Archies
• Rajdarshan Industries
• Aries Agro
• Art Nirman
• Ashapura Minechem
• Asian Hotels (North)
• Aspinwall and Company
• Astron Paper & Board Mill
• Atcom Technologies
• Atlas Cycles (Haryana)
• AVG Logistics
• AVT Natural Products
• Bafna Pharmaceuticals
• B.A.G Films and Media
• BALAXI PHARMACEUTICALS
• Banco Products (I)
• Bannari Amman Spinning Mills
• Bata India
• Bharat Gears
• Bhartiya International
• Cerebra Integrated Technologies
• Coral India Finance & Housing
• Cummins India
• Valor Estate
• Deepak Fertilizers and Petrochemicals Corporation
• Donear Industries
• DPSC
• Dredging Corporation of India
• DRS Cargo Movers
• Eastern Sug & Inds
• Euro India Fresh Foods
• Emami
• EMS
• Energy Development Company
• Entero Healthcare Solutions
• FDC
• Federal-Mogul Goetze (India) .
• Ganga Forging
• Gangotri Textiles
• Gayatri Highways
• GB Global
• Genus Power Infrastructures
• GFL
• Global Vectra Helicorp
• GMR Airports Infrastructure
• Goyal Aluminiums
• G R Infraprojects
• GRM Overseas
• Garware Hi-Tech Films
• Global Surfaces
• Gufic Biosciences
• Sri Havisha Hospitality and Infrastructure
• Healthcare Global Enterprises
• HEC Infra Projects
• HeidelbergCement India
• Heritage Foods
• Heubach Colorants India
• Hindustan Composites
• Hindustan Oil Exploration Company
• The Hi-Tech Gears
• Ice Make Refrigeration
• Indegene
• Indian Card Clothing Company
• Indian Terrain Fashions
• Innova Captab
• Inventure Growth & Securities
• ION Exchange (India)
• IPCA Laboratories
• Isgec Heavy Engineering
• Jet Freight Logistics
• Jindal Poly Films
• Jubilant Pharmova
• Jyoti Structures
• Kalyani Commercials
• KCP Sugar and Industries Corporation
• Khaitan (India)
• KIOCL
• KNR Constructions
• Kohinoor Foods
• Kridhan Infra
• Kshitij Polyline
• Kuantum Papers
• Lambodhara Textiles
• Lemon Tree Hotels
• Lexus Granito (India)
• Liberty Shoes
• Maha Rashtra Apex Corporation
• Maithan Alloys
• Marine Electricals (India)
• Mazagon Dock Shipbuilders
• Mcnally Bharat Engineering Company
• Medicamen Biotech
• M K Proteins
• MM Forgings
• MODISON
• Mohit Industries
• Samvardhana Motherson International
• MSP Steel & Power
• Mahanagar Telephone Nigam
• Munjal Showa
• Murudeshwar Ceramics
• Nagreeka Capital & Infrastructure
• Nahar Capital and Financial Services
• Nahar Poly Films
• Nahar Spinning Mills
• Naga Dhunseri Group
• NINtec Systems
• Niraj Ispat Industries
• Nitco
• NOCIL
• Norben Tea & Exports
• Optiemus Infracom
• Orient Paper & Industries
• Quintegra Solutions
• Ramky Infrastructure
• Rana Sugars
• Reliance Communications
• Shree Renuka Sugars
• Renaissance Global
• RHI MAGNESITA INDIA
• Rishabh Instruments
• Ravi Kumar Distilleries
• Royal Orchid Hotels
• Rollatainers
• Rossell India
• R.P.P. Infra Projects
• RattanIndia Enterprises
• Ravinder Heights
• S&S Power Switchgears
• Sakthi Sugars
• Salona Cotspin
• Samhi Hotels
• The Sandesh
• Shivalik Bimetal Controls
• STL Global
• Shivalik Rasayan
• Shriram Properties
• Silgo Retail
• Simbhaoli Sugars
• SJVN
• SMS Pharmaceuticals
• Solara Active Pharma Sciences
• South West Pinnacle Exploration
• Sintex Plastics Technology
• Sreeleathers
• Sukhjit Starch & Chemicals
• Sumit Woods
• Suprajit Engineering
• Tarapur Transformers
• Tata Steel
• Texmo Pipes and Products
• Technocraft Industries (India)
• UCAL
• Uma Exports
• Univa Foods
• Veto Switchgears And Cables
• Vidhi Specialty Food Ingredients
• Vikas Lifecare
• Vineet Laboratories
• Websol Energy System
• The Western India Plywoods
• Zota Health Care
• ZUARI INDUSTRIES

Q4 Results Declared

• Man Industries' Q4 profit decreased to Rs 24 crore from Rs 30 crore YoY.
• J Kumar Infra's net profit rose 34.9% to Rs 99.7 crore with revenue up 26% to Rs 1,425 crore.
• Hind Rectifiers reported a Q4 net profit of Rs 5 crore versus a loss of Rs 2.4 crore YoY, with revenue up 36% to Rs 151.3 crore.
• Shalby's Q4 net profit increased by 18.6% to Rs 16.6 crore, and revenue grew 22.8%.
• RITES' Q4 net profit fell by 1.6% to Rs 136.7 crore with a revenue decrease of 6.3% to Rs 643.2 crore.
• Ramco Industries' total income dropped to Rs 312 crore in Q4FY24 from Rs 315 crore in Q4FY23.
• Dreamfolks Services' Q4 net profit fell 28.9% to Rs 18 crore, while revenue increased by 9.8% to Rs 281 crore.
• TTK Prestige's Q4 net profit decreased by 1% to Rs 57.4 crore.
• NALCO's Q4 profit jumped 101.4% to Rs 996.7 crore, with revenue declining by 2.5% to Rs 3,579 crore.
• NMDC's Q4 profit slipped 37.8% to Rs 1,412.7 crore, with revenue rising 10.9% to Rs 6,489.3 crore.
• LIC's Q4 profit increased by 4.5% to Rs 13,781.6 crore, with net premium income jumping 15.5% to Rs 1,52,767.3 crore.
• TVS Supply Chain's Q4 net profit stood at Rs 5.4 crore, reversing a loss of Rs 12.4 crore, with revenue rising by 4.5% to Rs 2,426.3 crore.
• Elgi Equipments' Q4 profit sank 55.2% to Rs 76.2 crore, with revenue rising by 3.6% to Rs 865.9 crore.
• Jubilant Industries' Q4 profit jumped 128% to Rs 22.2 crore, with revenue dropping by 12.5% to Rs 300.3 crore.
• Indo-National turned profitable in Q4 with a net profit of Rs 2.4 crore versus a loss of Rs 2.6 crore YoY, and revenue up 18% to Rs 169 crore.
• Vishnu Prakash R Punglia's Q4 profit spiked 68.2% to Rs 67.1 crore, with revenue growing by 44.2% to Rs 657.2 crore.

Date: 27 May 2024 Stock Market Highlights

The record run persisted on the stock market today, with benchmark indices reaching new all-time highs, driven by buying in realty, banking, and Information Technology stocks.

• Sensex fell by 19.89 points or 0.03%, closing at 75,390.50.
• Nifty concluded the day at 22,932.45, decreasing by 24.65 points or 0.11%.
• Bank Nifty ended the day with a surge of 310.15 points or 0.63% at 49,281.80.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Bank, Realty, and Information Technology indices gained 0.5% each.
• Oil & Gas, Power, and Media indices were down between 0.5% to 1%.
• The BSE Midcap index was up 0.6%.
• The Smallcap index ended flat.

Market Update

• The USFDA has classified Aurobindo Pharma's Telangana units as Official Action Indicated (OAI).
• Adani Ports will replace Wipro in the BSE Sensex.
• Rail Vikas Nigam has secured a project worth Rs 187.34 crore from Maharashtra Metro Rail Corporation.
• Som Distilleries has received official permission from the State of Telangana to supply its renowned beer brands.
• Axiscades Technologies has received an order from Bharat Electronics.
• Transformers and Rectifiers has supplied a 220 MVA electric arc furnace transformer.
• BSE is set to buy the remaining 50% stake of AIPL from SPDJS.
• Goa Carbon has resumed operations at its Paradeep unit in Odisha.
• BGR Energy received a termination notice from Thermax for the supply of air-cooled heat exchangers (ACHE) for Numaligarh Refinery Limited.
• EKI Energy Services has partnered with FARI Solutions.
• SpiceJet has reached a settlement agreement with two French engine lessors.
• HCLTech and Arm are collaborating on custom silicon chips optimized for AI workloads.
• Madhusudan Securities' board has approved the acquisition of a 51% stake in Compliance Kart.
• Awfis Space Solutions IPO subscribed 108.17 times on the final day of the bidding.

Q4 Result Update 

Upcoming Result on 28th May 2024

• 21st Century Management Services
• 3M India
• Aaa Technologies
• Aditya Birla Fashion and Retail
• Asian Hotels (East)
• Airan
• AKI India
• Alpa Laboratories
• Ambica Agarbathies & Aroma industries
• Amj Land Holdings
• Amines & Plasticizers
• Ansal Properties & Infrastructure
• Apollo Sindoori Hotels
• Amara Raja Energy & Mobility
• Asahi Songwon Colors
• Ashiana Housing
• Ashoka Metcast
• Aster DM Healthcare
• Bal Pharma
• Banaras Beads
• Brand Concepts
• Bedmutha Industries
• Bhandari Hosiery Exports
• Blue Chip India
• Blue Coast Hotels
• Brigade Enterprises
• Burnpur Cement
• Campus Activewear
• Capacit'e Infraprojects
• Capital Trust
• Chaman Lal Setia Exports
• Consolidated Finvest & Holdings
• Cyber Media (India)
• Dangee Dums
• DCM Financial Services
• DCM Nouvelle
• Deccan Cements
• DELPHI WORLD MONEY
• Dhunseri Investments
• Digidrive Distributors
• Dreamfolks Services
• Dynamatic Technologies
• EIH
• Emami Paper Mills
• Engineers India
• EPACK Durable
• EPL
• Essar Shipping
• Exicom Tele-Systems
• Exxaro Tiles
• Fineotex Chemical
• Gandhi Special Tubes
• Gayatri Highways
• Gensol Engineering
• General Insurance Corporation of India
• Gujarat Narmada Valley Fertilizers and Chemicals
• Gokul Refoils and Solvent
• Goodluck India
• Greenlam Industries
• GP Petroleums
• GVK Power & Infrastructure
• GVP Infotech
• Hemisphere Properties India
• Hindusthan National Glass & Industries
• Hindware Home Innovation
• Hind Rectifiers
• HOV Services
• Hindprakash Industries
• IFB Agro Industries
• Industrial Investment Trust
• Imagicaaworld Entertainment
• India Glycols
• Indosolar
• Ingersoll Rand (India)
• Insecticides (India)
• Indian Railway Catering And Tourism Corporation
• ITD Cementation India
• ITI
• Jagran Prakashan
• JIK Industries
• Jindal Photo
• J.Kumar Infraprojects
• Jullundur Motor Agency (Delhi)
• Jindal Poly Investment and Finance Company
• JSW Holdings
• Kanoria Chemicals & Industries
• Kanpur Plastipack
• Karma Energy
• Kingfa Science & Technology (India)
• Kritika Wires
• Linde India
• Lovable Lingerie
• Landmark Property Development Company
• Lypsa Gems & Jewellery
• Madhav Marbles and Granites
• Madras Fertilizers
• Mallcom (India)
• Manaksia
• Manaksia Steels
• Man Industries (India)
• Medplus Health Services
• Mirza International
• MMTC
• Modi Rubber
• Monte Carlo Fashions
• The Motor & General Finance
• Mtar Technologies
• MT Educare
• Mufin Green Finance
• Mukta Arts
• NBCC (India)
• Nalwa Sons Investments
• Omaxe
• Orient Press
• The Orissa Minerals Development Company
• Panache Digilife
• Pansari Developers
• Paras Petrofils
• Apeejay Surrendra Park Hotels
• Pilani Investment and Industries Corporation
• Pondy Oxides & Chemicals
• Prakash Steelage
• Prestige Estates Projects
• Prozone Realty
• PTC Industries
• PVP Ventures
• Popular Vehicles and Services
• Race Eco Chain
• Raj Rayon Industries
• Ramco Industries
• Remsons Industries
• Responsive Industries
• RITES
• Rajshree Polypack
• R R Kabel
• Sagardeep Alloys
• S.A.L. Steel
• Salzer Electronics
• Sanwaria Consumer
• Saurashtra Cement
• Seamec
• SEMAC CONSULTANTS
• SEPC
• Shah Alloys
• Shalby
• Signpost India
• Spacenet Enterprises India
• Sree Rayalaseema Hi-Strength Hypo
• The State Trading Corporation of India
• Sumeet Industries
• Sundaram Multi Pap
• Sundaram Brake Linings
• Supriya Lifescience
• TCPL Packaging
• Techno Electric & Engineering Company
• TGB Banquets And Hotels
• Thejo Engineering
• TIL
• Tokyo Plast International
• TruCap Finance
• TTK Prestige
• UFLEX
• The Ugar Sugar Works
• Uniphos Enterprises
• Uniparts India
• Unitech
• Universus Photo Imagings
• Veranda Learning Solutions
• Vardhman Holdings
• VLS Finance
• Vibhor Steel Tubes
• Walchandnagar Industries
• Weizmann
• Windsor Machines
• Wockhardt
• Xelpmoc Design And Tech
• Xpro India
• Zee Learn
• Zenith Steel Pipes & Industries

Q4 Results Declared

• Panama Petrochem's Q4 profit increased to Rs 61 crore from Rs 51 crore, YoY.
• Indiabulls Housing's Q4 profit grew 21.6% to Rs 319.4 crore from Rs 262.6 crore, though net interest income fell 19.9%.
• Paras Defence's Q4 profit fell 18.9% to Rs 9.6 crore, while revenue jumped 22.4% to Rs 79.7 crore.
• Doms Industries' Q4 profit jumped 29.6% to Rs 46.9 crore from Rs 36.2 crore, with revenue rising 20% to Rs 403.7 crore.
• HBL Power's Q4 net profit stood at Rs 81.4 crore, up from Rs 34.8 crore, YoY.
• Easy Trip Planners reported a net loss of Rs 15.08 crore in Q4, compared to a profit of Rs 31.06 crore.
• DCM Shriram's Q4 profit increased 22% to Rs 38.6 crore, though revenue declined 5.5% to Rs 511.7 crore.
• West Coast Paper Mills' Q4 net profit fell 57% to Rs 199.8 crore from Rs 278 crore, with revenue down 21% to Rs 1,071 crore.
• Divi's Laboratories' Q4 consolidated profit after tax soared 68% YoY to Rs 538 crore; a dividend of Rs 30 per share was declared.
• Glenmark Pharma's Q4 net loss widened to Rs 121 crore, YoY.
• United Spirits' Q4 net profit jumped twofold to Rs 241 crore.
• Ashok Leyland's Q4 net profit increased 20% to Rs 900.41 crore.

Date: 23 May 2024 Stock Market Highlights

In the stock market today, bulls charged back onto Dalal Street, propelling benchmark indices to fresh record highs. The Nifty came close to breaching the coveted 23,000 mark, buoyed by robust buying across sectors, except for metal and pharma. This rally persisted despite the hawkish sentiments reflected in the latest Fed minutes.

• Sensex gained by 1,196.98 points or 1.61%, closing at 75,418.
• Nifty concluded the day at 22,967.65, increasing by 369.85 points or 1.64%.
• Bank Nifty ended the day with a surge of 986.65 points or 2.06% at 48,768.60.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• The BSE Midcap index recorded a gain of 0.5 percent, while the Smallcap index rose by 0.3 percent.
• With the exception of the metal and pharma sectors, all other sectoral indices closed in positive territory.
• Auto, bank, and capital goods sectors each surged by 2 percent, contributing to the overall market positivity.

Market Update

• L&T Technology has established a simulation center of excellence for Airbus.
• Godrej Properties has secured bookings worth Rs 2,000 crore for its Noida project.
• Ericsson India is in discussions with Vodafone Idea regarding a 5G deal.
• The USFDA has issued an Establishment Inspection Report (EIR) for Piramal Pharma's manufacturing facility in Lexington, USA.
• JSW Infrastructure has signed a Memorandum of Understanding (MoU) with A.P. MØLLER CAPITAL.
• The Gujarat Pollution Control Board has revoked Aether Industries' closure order for its manufacturing facility II.
• KPI Green's board has approved a stock split in the ratio of 1:2.
• Oil India has signed a new long-term definitive agreement with its subsidiary.
• PG Electroplast's board has approved a stock split in the ratio of 1:10.
• Jio Financial Services plans to seek shareholder approval for foreign investments up to 49% of equity.
• GPT Infra has been declared the lowest bidder for a project worth Rs 550 crore from RVNL.
• Awfis Space Solutions IPO subscribed 2.04 times on Day 1 of the bidding.

Q4 Result Update 

Upcoming Result on 24th May 2024

• 63 moons technologies
• Aegis Logistics
• Affle (India)
• Akg Exim
• Anzen India Energy Yield Plus Trust
• Apex Frozen Foods
• Ashok Leyland
• Astra Microwave Products
• Antony Waste Handling Cell
• Bajaj Healthcare
• Balmer Lawrie & Company
• Best Agrolife
• Bhagiradha Chemicals & Industries
• BLB
• Bodal Chemicals
• Borosil
• Bosch
• BPL
• Century Plyboards (India)
• Cheviot Company
• Cochin Shipyard
• Coffee Day Enterprises
• Compucom Software
• Cords Cable Industries
• Crest Ventures
• Davangere Sugar Company
• Delta Manufacturing
• Dev Information Technology
• Divgi Torqtransfer Systems
• DOMS Industries
• Dhunseri Ventures
• E2E Networks
• Easy Trip Planners
• EID Parry India
• EIH Associated Hotels
• Everest Kanto Cylinder
• Eurotex Industries and Exports
• Excel Industries
• FCS Software Solutions
• Focus Lighting and Fixtures
• Glenmark Pharmaceuticals
• GNA Axles
• Orient Green Power Company
• Happy Forgings
• Harrisons  Malayalam
• Hindustan Construction Company
• Hindalco Industries
• Hindustan Copper
• HLV
• Hubtown
• Housing & Urban Development Corporation
• Indiabulls Housing Finance
• IKIO Lighting
• India Grid Trust
• IndInfravit Trust
• Jamna Auto Industries
• JM Financial
• Sai Silks (Kalamandir)
• Khadim India
• Kolte - Patil Developers
• The Karnataka Bank
• Lumax Industries
• Manappuram Finance
• Max India
• United Spirits
• Mahalaxmi Rubtech
• MMP Industries
• Monarch Networth Capital
• Munjal Auto Industries
• Nazara Technologies
• NDR INVIT Trust
• Nakoda Group of Industries
• Narayana Hrudayalaya Ltd.
• NIIT
• Noida Toll Bridge Company
• NTPC
• Paramount Communications
• Pix Transmissions
• Prakash Pipes
• Premier
• PSP Projects
• Refex Industries
• Reliance Chemotex Industries
• Rico Auto Industries
• R K Swamy
• Rashi Peripherals
• RSWM
• Sab Events & Governance Now Media
• Sri Adhikari Brothers Television Network
• Suratwwala Business Group
• S Chand And Company
• Sustainable Energy Infra Trust
• Shaily Engineering Plastics
• Shemaroo Entertainment
• Shiva Mills
• Shiva Texyarn
• Softtech Engineers
• Sun Pharma Advanced Research Company
• Star Paper Mills
• Stove Kraft
• Sundaram Finance
• Sunflag Iron And Steel Company
• Sun TV Network
• Suryalakshmi Cotton Mills
• Suzlon Energy
• Swelect Energy Systems
• Tantia Constructions
• Tamil Nadu Newsprint & Papers
• Torrent Pharmaceuticals
• TTK Healthcare
• TV Vision
• United Drilling Tools
• Valiant Organics
• VIP Clothing
• Zee Media Corporation
• ZF Commercial Vehicle Control Systems India

Q4 Results Declared

• Power Grid recorded a decline in Q4 profit by 3.6% to Rs 4,166 crore compared to Rs 4,323 crore. Additionally, revenue from operations decreased by 2.5% to Rs 11,978 crore.
• Grasim Industries saw a significant increase in Q4 profit, rising by 15.5% to Rs 2,722 crore from Rs 2,355.7 crore. Revenue also rose by 12.7% to Rs 37,727.1 crore.
• PG Electroplast experienced a surge in profit by 73.1% to Rs 69.6 crore from Rs 40.2 crore, with revenue jumping by 30% to Rs 1,076.6 crore.
• Subros reported a 66% increase in Q4 net profit to Rs 30.4 crore compared to Rs 18.3 crore YoY, with revenue up by 11.1% at Rs 831.5 crore.
• Torrent Power's Q4 profit declined by 7.6% to Rs 447 crore versus Rs 484 crore.
• Saregama India witnessed a 23.1% increase in net profit to Rs 53.8 crore from Rs 44 crore YoY.
• Indian Metals' Q4 net profit surged by 35% YoY, with revenue up by 10% at Rs 700.6 crore.
• ITC reported a Q4 net profit of Rs 5,020.2 crore, down by 1.4% YoY, while revenue stood at Rs 17,750 crore, up 1.4% YoY.
• Page Industries reported a Q4 net profit of Rs 108 crore with revenue at Rs 995 crore.
• Nucleus Software witnessed a 26% jump in Q4 profit.
• Uno Minda recorded a 58.3% increase in Q4 net profit to Rs 289.1 crore.

Date: 22 May 2024 Stock Market Highlights

The stock market today closed on a positive note, with the Nifty reclaiming 22,600 in a volatile session just ahead of the release of the Fed's latest meeting minutes.

• Sensex gained by 267.75 points or 0.36%, closing at 74,221.06
• Nifty concluded the day at 22,597.80, increasing by 68.75 points or 0.31%.
• Bank Nifty ended the day with a loss of 266.25 points or 0.55% at 47,781.95.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Realty and FMCG sectors registered a 1% gain each.
• Capital goods, IT, and Media sectors saw an increase of 0.5% each.
• Conversely, the bank index declined by 0.5%, while the metal index dropped by 0.4%.
• The BSE midcap index concluded the session unchanged, while the smallcap index edged up by 0.2%.

Market Update

• GR Infraprojects has emerged as the L1 bidder for two road projects valued at Rs 4,346.14 crore.
• PNC Infratech has secured two EPC road projects from MSRDC with a total of Rs 4,994 crore.
• Indoco Remedies has received approval from the USFDA for its Pregabalin capsules.
• Strides Pharma has obtained USFDA approval for its Sucralfate Oral Suspension.
• Suzlon has secured new orders totalling 402 MW of wind energy from Juniper Green Energy.
• Biocon has received USFDA approval for Yesafil.
• Meera Industries has won an order worth Rs 7.47 crore.
• Brahmaputra Infra has been awarded a Rs 38 crore order for Dibrugarh riverbank protection work.
• Intellect has launched eMACH.ai-composed Intellect Digital Core for cooperative banks.
• Zydus Life has received final approval from the USFDA for Theophylline tablets.
• TCS has secured an order from Kuwait-based Burgan Bank to transform its core banking system.
• Bharat Electronics has bagged orders worth Rs 1150 crore for the financial year 2024-25.
• Awfis Space Solutions IPO subscribed 2.04 times on Day 1 of the bidding.

Q4 Result Update 

Upcoming Result on 23rd May 2024

• Allied Digital Services
• Alankit
• AMD Industries
• Amrutanjan Health Care
• Asian Granito India
• Bajel Projects
• Bannari Amman Sugars
• Barbeque Nation Hospitality
• Bikaji Foods International
• Bharat Road Network
• Cello World
• CESC
• Concord Biotech
• Crown Lifters
• Damodar Industries
• DMCC SPECIALITY CHEMICALS
• Esab India
• Expleo Solutions
• Faze Three
• Future Consumer
• Fedders Electric and Engineering
• Finolex Cables
• Future Market Networks
• Fortis Healthcare
• Gabriel India
• Ganesha Ecosphere
• GACM Technologies
• Geekay Wires
• GKW
• GOCL Corporation
• AION-TECH SOLUTIONS
• Hexa Tradex
• Himatsingka Seide
• Honasa Consumer
• ICRA
• Igarashi Motors India
• Indian Metals & Ferro Alloys
• InterGlobe Aviation
• IMP Powers
• Indo Tech Transformers
• ITC
• IVP
• Jayshree Tea & Industries
• Johnson Controls - Hitachi Air Conditioning India
• JK Lakshmi Cement
• Jocil
• Kakatiya Cement Sugar & Industries
• Kirloskar Electric Company
• Khaitan Chemicals & Fertilizers
• Lorenzini Apparels
• Landmark Cars
• Lords Chloro Alkali
• Mangalore Chemicals & Fertilizers
• Mazda
• Muthoot Capital Services
• NACL Industries
• Niraj Cement Structurals
• Nucleus Software Exports
• OM INFRA
• Orchid Pharma
• Page Industries
• PCBL
• PNC Infratech
• Precision Camshafts
• Precot
• Pritika Auto Industries
• Puravankara
• Radiant Cash Management Services
• Raj Television Network
• RKEC Projects
• RPSG VENTURES
• Rupa & Company
• Sampann Utpadan India
• Sandhar Technologies
• Saregama India
• Schneider Electric Infrastructure
• Senco Gold
• Sharda Motor Industries
• Shilpa Medicare
• Shreyas Shipping & Logistics
• SML Isuzu
• SRG Housing Finance
• Steel Strips Wheels
• Subros
• Taj GVK Hotels & Resorts
• Tata Investment Corporation
• TD Power Systems
• Techindia Nirman
• Tega Industries
• Times Guaranty
• Time Technoplast
• TREJHARA SOLUTIONS
• Trigyn Technologies
• T T
• UFO Moviez India
• UNO Minda
• Vaibhav Global
• Xchanging Solutions
• Yatharth Hospital

Q4 Results Declared

• In Paytm's Q4 results, the company's loss widened to Rs 550 crore, with revenue dropping by 3% compared to the previous year.
• DB Corp reported a nearly three-fold increase in net profit to Rs 122 crore for the fourth quarter.
• Sun Pharma's Q4 results showed a 34% rise in net profit to Rs 2,654.5 crore.
• Strides Pharma posted a net profit of Rs 10 crore in Q4, a significant improvement compared to the loss reported in the previous year.
• Ramco Systems narrowed its net loss to Rs 23 crore in Q4 from Rs 45.4 crore in the previous year.
• Mangalam Drugs reported a profit of Rs 3.53 crore in Q4, a turnaround from the loss of Rs 9.07 crore in the previous year.
• Morepen Laboratories witnessed a substantial jump in profit by 243.2% to Rs 28.3 crore, with revenue rising by 16.3%.
• Tilaknagar Industries' Q4 profit declined by 46.8% to Rs 31.5 crore, despite a marginal increase in revenue to Rs 358.8 crore.
• NIIT Learning recorded a 1% increase in net profit to Rs 54.4 crore in Q4.
• Religare Enterprises saw a significant drop in profit by 96%, despite a 33% growth in revenue to Rs 1,855.7 crore.
• Hitachi Energy's profit surged by 123.7% to Rs 113.7 crore, with revenue rising by 27%.
• JK Tyre reported a 56.2% increase in profit to Rs 169.3 crore in Q4, with revenue increasing by 1.8%.
• Goldiam International witnessed a 13% rise in net profit year-on-year in Q4.
• Avanti Feeds' Q4 net profit increased by 11.5% year-on-year, with revenue rising by 17.4% to Rs 1,283.5 crore.
• Talbros reported a net profit of Rs 50 crore in Q4, compared to Rs 17 crore in the previous year.
• TeamLease Services' net profit rose by 14.6% to Rs 27.5 crore in Q4.
• Jubilant FoodWorks reported a seven-fold increase in net profit to Rs 208 crore in Q4, with revenue up by 24%.
• Nykaa's Q4 results showed a jump in net profit to Rs 9 crore, with revenue up by 28%.
• Petronet LNG's Q4 net profit increased by 24% to Rs 734 crore.

Date: 21 May 2024 Stock Market Highlights

The stock market today ended nearly flat in a volatile session, with the Nifty managing to stay above 22,500.

• Sensex fell by 52.63 points or 0.07%, closing at 73,753.31.
• Nifty concluded the day at 22,529.05, increasing by 27.05 points or 0.12%.
• Bank Nifty ended the day with a loss of 151.30 points or 0.31% at 48,048.20.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• The metal index surged by 4%.
• The power index witnessed a gain of 2%.
• The PSU Bank index saw a rise of 1.5%.
• Conversely, the FMCG sector experienced a decrease of 0.5%.
• Moving to midcap stocks, the BSE midcap index showed a modest increase of 0.3%.
• However, smallcap stocks saw a slight decline of 0.2%.

Market Update

• Biocon Biologics obtains USFDA approval for Biosimilar Aflibercept for Yesafili.
• Kalpataru Projects, a major EPC player in the energy sector, announced that it has signed contracts worth Rs 7,550 crore with Saudi Arabia's Aramco to expand the Master Gas System Network.
• Coforge launches Copilot Innovation Hub in collaboration with Microsoft.
• Shriram Properties signs a Joint Development Agreement for a 4-acre land parcel in Bengaluru.
• JSW Cement to invest Rs 3,000 crore to set up an integrated facility in Rajasthan.
• Zuari Industries' board approves the purchase of equity shares of Texmaco Rail for up to Rs 200 crore.
• EaseMyTrip signs a Letter of Intent (LOI) to join the ONDC Network.
• NIBE enters a licensing agreement with DRDO to manufacture and sell anti-terrorist vehicles.
• Glenmark inks an agreement with BeiGene for the marketing and distribution of cancer drugs in India.
• Oil India’s board recommends issuing bonus shares in the ratio of 1:2, i.e., one equity share of Rs 10 each for every two existing equity shares of Rs 10.
• Awfis Space Solutions IPO will open for subscription from tomorrow, i.e. 22nd May 2024.

Q4 Result Update 

Upcoming Result on 22nd May 2024

• Aakash Exploration Services
• Agri-Tech (India)
• Ashoka Buildcon
• Avanti Feeds
• Bcl Industries
• The Byke Hospitality Ltd
• Centum Electronics
• Chemfab Alkalis
• Cineline India
• D.B.Corp
• Deep Energy Resources
• Dhanlaxmi Bank
• Diamines & Chemicals
• Ester Industries
• Everest Industries
• Fairchem Organics
• Gandhar Oil Refinery (India)
• GE Power India
• Gland Pharma
• GMM Pfaudler
• Goldiam International
• Gujarat Pipavav Port
• Grasim Industries
• The Grob Tea Company
• Garden Reach Shipbuilders & Engineers
• HCL Infosystems
• IG Petrochemicals
• Indigo Paints
• Indo Amines
• IL&FS Investment Managers
• Jubilant Foodworks
• Kaveri Seed Company
• LCC Infotech
• LGB Forge
• Lokesh Machines
• Max Estates
• Max Healthcare Institute
• Metro Brands
• Minda Corporation
• Navneet Education
• The New India Assurance Company
• NIIT Learning Systems
• NYKAA
• Oriental Carbon & Chemicals
• PAYTM
• Pennar Industries
• Petronet LNG
• PG Electroplast
• POWERGRID Infrastructure Investment Trust
• Power Grid Corporation of India
• Pyramid Technoplast
• Music Broadcast
• Rajshree Sugars & Chemicals
•  Ramco Cements
• Ratnaveer Precision Engineering
• Robust Hotels
• Ritco Logistics
• RattanIndia Power
• Synergy Green Industries
• Shyam Century Ferrous
• SKM Egg Products Export (India)
• Sarthak Metals
• Soma Textiles & Industries
• Strides Pharma Science
• Star Cement
• Sundram Fasteners
• Sun Pharmaceutical Industries
• Talbros Automotive Components
• Teamlease Services
• Torrent Power
• TPL Plastech
• Umang Dairies
• Unichem Laboratories
• Uravi T and Wedge Lamps
• Urja Global
• Vertoz Advertising
• Vikas EcoTech
• Yuken India

Q4 Results Declared

• Shankara Building Q4 profit rises 27% to Rs 24 crore vs Rs 19 crore, revenue increases 14% to Rs 1,377 crore.
• ONGC gains as Q4 profit rises 3.8% to Rs 11,526.5 crore vs Rs 11,104.5 crore, revenue up 0.7% at Rs 1,66,770.6 crore.
• S P Apparels Q4 net profit up 39% at Rs 28.5 crore vs Rs 20.5 crore YoY, revenue up 7% at Rs 295 crore.
• KRBL Q4 profit falls 3.3% to Rs 114.1 crore vs Rs 118 crore, revenue rises 3% to Rs 1,318.3 crore.
• Whirlpool of India Q4 profit jumps 24.7% to Rs 79.4 crore vs Rs 63.7 crore, revenue grows 3.7% to Rs 1,734 crore.
• VRL Logistics Q4 profit drops 88.8% to Rs 21.5 crore, revenue grows 10% to Rs 768.4 crore.
• Aether Industries Q4 net loss at Rs 1.4 crore, revenue down 36% at Rs 118 crore.
• Welspun Enterprises Q4 net profit down 51% at Rs 77 crore vs Rs 156 crore YoY.
• Rategain Travel Technologies Q4 profit up 47% at Rs 50 crore, revenue up 40% at Rs 256 crore.
• City Union Bank records 17% up Q4 net at Rs 254.81 crore.
• Eris Lifesciences Q4 net profit up 8.4% to Rs 70.9 crore.
• BHEL Q4 net profit falls 25% to Rs 484 crore.
• Oil India Q4 net profit falls 10% sequentially to Rs 2,333 crore.
• SAIL Q4 net profit declines 3% to Rs 1,126 crore.

Date: 18 May 2024 Stock Market Highlights

The stock market today extended their gains for the third consecutive session, with both the Sensex and Nifty closing with a 0.1 per cent increase in a special trading session on Saturday. Meanwhile, broader markets outperformed the benchmark indices.

• Sensex gained by 88.91 points or 0.12%, closing at 74,005.94.
• Nifty concluded the day at 22,502, increasing by 35.90 points or 0.16%.
• Bank Nifty ended the day with a surge of 83.85 points or 0.17% at 48,199.50.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Nifty Media index was the top performer, driven by gains in Zee Entertainment after the company reported a profit of Rs 13 crore in Q4FY24.
• Nifty Energy also saw gains, rising up to 0.3% on May 18.
• Nifty Infrastructure followed suit with slim gains of up to 0.3% on the same day.

Market Update

• Zee Entertainment Enterprises posts a net profit of Rs 13 crore in Q4 FY24.
• Nestle shareholders reject a proposal for a higher royalty payout to the parent company.
• IDFC First Bank shareholders approve the merger of IDFC Ltd with the bank.
• Dalmia Bharat invests Rs 204 crore to add one million tons of cement capacity in Tamil Nadu.
• The U.S. FDA issues two observations for Dr. Reddy’s formulations facilities in Vizag.
• HFCL spearheads innovation in defense products for both Indian and global markets.
• SKF India launches a truck activation campaign to support commercial vehicle mechanics.

Q4 Result Update 

Upcoming Result on 20th May 2024

• Aaron Industries
• Ajooni Biotech
• Akshar Spintex
• Alphageo (India)
• Apollo Micro Systems
• Apollo Pipes
• Archidply Industries
• AXISCADES Technologies
• Bharat Electronics
• BSL
• CARYSIL
• Chemplast Sanmar
• City Union Bank
• Cubex Tubings
• Deepak Nitrite
• Prataap Snacks
• Electrotherm (India)
• Ginni Filaments
• Global Education
• Honda India Power Products
• The India Cements
• Indian Railway Finance Corporation
• Jagsonpal Pharmaceuticals
• KCP
• Kitex Garments
• KRBL
• Manomay Tex India
• Megastar Foods
• Nesco
• Oil India
• Oil & Natural Gas Corporation
• Oswal Agro Mills
• Oswal Greentech
• PTC India Financial Services
• Pearl Global Industries
• Power Mech Projects
• Shree Rama Newsprint
• Redtape
• Rudrabhishek Enterprises
• Rolex Rings
• Sadbhav Infrastructure Project
• Steel Authority of India
• Shankara Building Products
• S.J.S. Enterprises
• Surana Telecom and Power
• Thangamayil Jewellery
• Tracxn Technologies
• Triveni Engineering & Industries
• Updater Services
• VRL Logistics
• Wheels India
• Whirlpool of India Windlas Biotech

Upcoming Result on 21st May 2024

• Action Construction Equipment
• Aether Industries
• Arihant Capital Markets
• Arvind Fashions
• Ausom Enterprise
• Azad Engineering
• Bhagyanagar India
• Bharat Heavy Electricals
• Dollar Industries
• D. P. Abhushan
• DRC Systems India
• Eris Lifesciences
• Fiberweb (India)
• Fiem Industries
• Galaxy Surfactants
• GeeCee Ventures
• GE T&D India
• Godawari Power And Ispat
• GPT Healthcare
• Greenply Industries
• Gujarat State Fertilizers & Chemicals
• Gulf Oil Lubricants India
• Gulshan Polyols
• Hindustan Foods
• IL&FS Engineering and Construction Company
• Ircon International
• IRM Energy
• Jindal Drilling And Industries
• JK Tyre & Industries
• K.M.Sugar Mills
• Krebs Biochemicals and Industries
• Laxmi Organic Industries
• Maharashtra Seamless
• Mangalam Drugs And Organics
• Manugraph India
• Mayur Uniquoters Ltd
• Metropolis Healthcare
• MIC Electronics
• MITCON Consultancy & Engineering Services
• Morepen Laboratories
• MPS
• Ndr Auto Components
• NGL Fine-Chem
• NRB Industrial Bearings
• PI Industries
• Hitachi Energy India
• Ramco Systems
• Rategain Travel Technologies
• Religare Enterprises
• The Ruby Mills
• Ruchi Infrastructure
• Sadbhav Engineering
• Sakar Healthcare
• Sheela Foam
• Standard Industries
• Sinclairs Hotels
• S. P. Apparels
• Sundaram Finance Holdings
• Tainwala Chemical and Plastic (I)
• TECIL Chemicals and Hydro Power
• Tilaknagar Industries
• Tamilnadu Telecommunication
• Touchwood Entertainment
• Transindia Real Estate
• Vascon Engineers
• VA Tech Wabag
• Welspun Enterprises
• WE WIN
• W S Industries (I)

Q4 Results Declared

• Sundaram Home Finance Q4 Results: Net profit at Rs 57 crore; disbursements exceed Rs 5,000 crore.
• TV Today Network Q4 Results: Net profit nearly doubles to Rs 11.46 crore.
• Medanta Q4 Results: Net profit rises 26% YoY to Rs 127.3 crore.
• JB Pharma Q4 Results: Net profit increases 43% YoY to Rs 126 crore.
• Zydus Lifesciences Q4 Results: Net profit jumps threefold YoY to Rs 1,182 crore.
• Bandhan Bank Q4 Results: Net profit drops 93% YoY to Rs 55 crore.
• Sobha Q4 Results: Net profit falls 86% YoY to Rs 7 crore.
• NHPC Q4 Results: Net profit declines 18% YoY to Rs 610.93 crore.
• Delhivery Q4 Results: Company reports a net loss of Rs 69 crore.

Date: 17 May 2024 Stock Market Highlights

The stock market today, rose for the second consecutive session, with Nifty closing above 22,450 and broader markets also gaining. BSE MidCap reached a new record high, while BSE SmallCap was just 100 points away from its all-time peak.

• Sensex gained by 253.31 points or 0.34%, closing at 73,917.03.
• Nifty concluded the day at 22,466.10, increasing by 22.25 points or 0.28%.
• Bank Nifty ended the day with a surge of 138.6 points or 0.29% at 48,115.65.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Nifty Consumer Durables led with a 2.8 percent increase
• Nifty Realty, Metal, and Auto each up by 1.7 percent
• Nifty IT index was the top loser, dropping 0.9 percent

Market Update

• BEML secures a Rs 250 crore order from Northern Coalfields for dump trucks.
• ICICI Prudential Mutual Fund increases its stake in PVR Inox by 2.10% since April 5, 2024.
• L&T wins a significant order for its buildings and factories business.
• Landmark Cars and Kia India to enhance their partnership with a new dealership.
• Go Fashion signs an agreement with Apparel Group for franchise rights of ‘Go Colors’ in UAE and Saudi Arabia.
• Glenmark Pharmaceuticals receives USFDA approval for its glaucoma treatment drug.
• Zydus Lifesciences signs a licensing and supply agreement with MSN for a generic cancer drug in the US market.
• Colt Technology Services collaborates with Infosys to accelerate its digital transformation program.
• Adani Energy Solutions acquires Essar's Mahan-Sipat Transmission Project.
• Dixon Technologies signs an MOU with Acerpure for manufacturing consumer appliance products.
• Dilip Buildcon has received an arbitral award of Rs 29.07 crore
• Go Digit IPO subscribed 9.60 times on the final day of the bidding.

Q4 Result Update 

Upcoming Result on 18th May 2024

• Anupam Rasayan India 
• ASK Automotive 
• Brooks Laboratories 
• Chemcon Speciality Chemicals 
• Data Patterns (India) 
• Dodla Dairy 
• Gujarat Ambuja Exports 
• Gujarat Industries Power Company 
• Godha Cabcon & Insulation 
• IFGL Refractories 
• Iris Business Services 
• JHS Svendgaard Laboratories 
• Jain Irrigation Systems 
• Jain Irrigation Systems 
• Jyoti CNC Automation 
• Khandwala Securities 
• Khandwala Securities 
• Krsnaa Diagnostics 
• Malu Paper Mills 
• Manaksia Aluminium Company 
• Parag Milk Foods 
• Patel Engineering 
• PPAP Automotive 
• Precision Wires India 
• Shree Rama Multi-Tech 
• Sirca Paints India 
• Tide Water Oil Company (India) 
• Ujjivan Small Finance Bank 
• Vimta Labs 

Upcoming Result on 19th May 2024

• Poddar Pigments Limited
• Rainbow Childrens Medicare Limited

Q4 Results Declared

• Kaynes Tech Q4 net profit stands at Rs 81.26 crore.
• Dhanuka Agri Q4 net profit slips 10% to Rs 59 crore, with revenue down 0.8% at Rs 368.3 crore.
• GSK Pharma Q4 net profit rises 46% YoY to Rs 194 crore.
• LT Foods Q4 net profit increases 15% YoY to Rs 148.8 crore, with revenue up 14% at Rs 2,074 crore.
• Poly Medicure Q4 net profit up 16% YoY, with revenue increasing by 23.2%.
• Prakash Industries Q4 net profit up 54% YoY, despite revenue declining 12% to Rs 890 crore.
• GPT Infra Q4 net profit up 55.8% to Rs 16.2 crore from Rs 10 crore YoY, with revenue up 10.1%.
• Biocon Q4 results: Net profit drops 57% to Rs 136 crore.
• Vodafone Idea Q4 results: Net loss widens compared to Q3; ARPU rises to Rs 146.
• IIFL Securities Q4 results: Profit more than doubles to Rs 180 crore.
• Concor Q4 results: Net profit rises 10% YoY to Rs 301.25 crore.

Date: 16 May 2024 Stock Market Highlights

The stock market today, amidst a turbulent trading session, the Indian markets concluded positively. The broader markets displayed gains, with the BSE midcap and smallcap indices climbing approximately 1% each.

• Sensex gained by 676.69 points or 0.93%, closing at 73,663.72.
• Nifty concluded the day at 22,403.85, increasing by 203.30 points or 0.92%.
• Bank Nifty ended the day with a surge of 289.60 points or 0.61% at 47,977.05.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Nifty Consumer Durables emerged as one of the top gainers, rising by 1.7 percent.
• Nifty IT and Nifty Realty also showed significant gains, each up by 1.7 percent.
• Nifty FMCG experienced a moderate increase of 0.8 percent.
• Both Nifty Bank and Nifty Auto saw a rise of 0.6 percent.
• However, the Nifty PSU Bank index witnessed a decline of 0.88 percent.

Market Update

• Happiest Minds collaborates with Solvio to offer Salesforce solutions.
• NHAI revokes GR Infra's LoA for the Belagavi City Project valued at Rs 897 crore.
• M&M declares a dividend of Rs 21.10 per share.
• Home First Finance achieves an AUM of Rs 10,000 crore.
• Coforge partners with Fiorano to introduce ISO 20022 compliance as a service.
• Cipla announces an additional investment of Rs 26 crore in Achira Labs to advance in the PoC Diagnostics segment.
• TVS Motor expands its operations in Europe with its entry into Italy.
• Eicher Motors' JV signs a pact with iTrangle Infotech to develop and deliver fleet management solutions for trucks and buses.
• Vedanta announces a dividend of Rs 11 per share.
• Go Digit IPO subscribed 0.79 times on the second day of the bidding.

FII & DII Activity

Q4 Result Update

Upcoming Result on 17th May 2024

• 20 Microns
• Amber Enterprises India
• Arvee Laboratories (India)
• Astral
• Allcargo Terminals
• Atul Auto
• Balkrishna Industries
• Balrampur Chini Mills
• Bandhan Bank
• Bharat Bijlee
• Centrum Capital
• Delhivery
• Dhani Services
• Dhanuka Agritech
• Foods & Inns
• Glaxo Pharma
• GMR Power and Urban Infra
• Godrej Industries
• GPT Infraprojects
• GRP
• Hariom Pipe Industries
• HB Stockholdings
• Indiabulls Enterprises
• Indo Rama Synthetics (India)
• Indraprastha Medical Corporation
• Intense Technologies
• International Conveyors
• JB Chemicals & Pharmaceuticals
• JSW Steel
• Kothari Sugars And Chemicals
• Laxmi Cotspin
• LT Foods
• Global Health
• Mindteck (India)
• NAVA
• NHPC
• Onward Technologies
• Pasupati Acrylon
• Pfizer
• The Phoenix Mills
• Poly Medicure
• Polyplex Corporation
• Prakash Industries
• Premier Polyfilm
• Rashtriya Chemicals and Fertilizers
• Sadhana Nitrochem
• Shipping Corporation Of India
• Shah Metacorp
• Shalimar Paints
• Sobha
• Sudarshan Chemical Industries
• Syncom Formulations (India)
• Tasty Bite Eatables
• Tourism Finance Corporation of India
• TV Today Network
• Udaipur Cement Works
• Universal Cables
• Varroc Engineering
• Vinati Organics
• Vindhya Telelinks
• Yaari Digital Integrated Services
• Zee Entertainment Enterprises
• Zydus Lifesciences

Q4 Results Declared

• Texmaco Rail reported a net profit of Rs 45.3 crore in Q4.
• Lincoln Pharma's Q4 net profit stood at Rs 18.60 crore compared to Rs 12.6 crore YoY.
• DCW witnessed a 57% YoY decline in net profit, although revenue increased by 5.7%.
• Kopran recorded a Q4 net profit of Rs 18.6 crore, with revenue up by 25% at Rs 186.1 crore.
• Caplin Point's Q4 net profit was Rs 120 crore compared to Rs 100 crore YoY.
• M&M reported a Q4 net profit of Rs 2040 crore, up by 32% YoY, with revenue at Rs 25,110 crore.
• Hindustan Aeronautics posted a Q4 net profit of Rs 4290 crore, marking a 51% YoY increase.
• Gail India's Q4 net profit was Rs 2180 crore compared to Rs 604 crore YoY.
• Info Edge India reported a Q4 net profit of Rs 211 crore, up by 18% YoY, with revenue at Rs 608 crore, up by 8% YoY.
• Motherson Sumi witnessed a 19% YoY increase in revenue to Rs 2,233 crore and a 38% YoY rise in profit to Rs 191 crore in Q4FY24.
• Indoco Remedies' Q4 net profit decreased by 12% YoY, while revenue increased by 5% to Rs 449.6 crore.
• Wonderla Holidays saw a 7% YoY decline in revenue to Rs 104 crore in Q4FY24.
• V-Guard reported a Q4 net profit of Rs 79.17 crore, up by 71% YoY, with revenue at Rs 1260 crore, up by 17% YoY.

Date: 15 May 2024 Stock Market Highlights

The stock market today ended the day with slight losses as Nifty maintained above the 22,200 level. Investors were cautious ahead of key US inflation data, which could influence the Federal Reserve's interest rate decisions.

• Sensex fell by 117.58 points or 0.16%, closing at 72,987.03.
• Nifty concluded the day at 22,200.55, decreasing by 17.30 points.
• Bank Nifty ended the day with a fall of 172 points or 0.36% at 47,687.45

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Nifty PSU Bank Index led the gainers, rising by 1.4%.
• Following closely were Nifty Realty and Oil & Gas indices, both up by 1%.
• On the losing side, the Nifty FMCG Index saw the most significant decline, dropping by 1%.
• Nifty Auto was down by 0.5%.

Market Update

• Paytm has been removed from the MSCI India Index.
• SEBI has granted LIC a three-year extension to achieve 10% public shareholding.
• NSE has suspended Brightcom Group, with trading set to resume under Z Category after a 15-day suspension.
• Oil India's board will meet on May 20 to consider bonus shares.
• Manali Petro has entered into a unit pact with Krahn UK for silicone oils in the UK.
• SBI has increased deposit rates on some tenures by 25-75 basis points.
• Aadhar Housing Finance shares made a flat debut, listing at their issue price of Rs 315, and closing at Rs 329.
• TBO Tek commenced trading on NSE at Rs 1426, compared to its IPO price of Rs 920 per share. The stock concluded its first session at Rs 1405.
• Go Digit IPO subscribed 0.36 times on the first day of the bidding.

FII & DII Activity

Q4 Result Update

Upcoming Result on 16th May 2024

• Allcargo Gati
• Akzo Nobel India
• Alicon Castalloy
• Avalon Technologies
• Biocon
• Caplin Point Laboratories
• Century Enka
• Container Corporation of India
• Creative Newtech
• Crompton Greaves Consumer Electricals
• DCW
• DCX Systems
• DiGiSPICE Technologies
• eClerx Services
• Eldeco Housing And Industries
• Emkay Global Financial Services
• Endurance Technologies
• Fertilizers and Chemicals Travancore
• GAIL (India)
• Hindustan Aeronautics
• Harsha Engineers International
• Highways Infrastructure Trust
• Hindcon Chemicals
• Hitech Corporation
• Hybrid Financial Services
• Vodafone Idea
• IIFL Securities
• India Motor Parts and Accessories
• Indian Hume Pipe Company
• Indoco Remedies
• Infibeam Avenues
• JK Paper
• Kaynes Technology India
• Krishna Institute of Medical Sciences
• Kopran
• Kothari Petrochemicals
• Lincoln Pharmaceuticals
• Mahindra & Mahindra
• MRO-TEK Realty
• Motherson Sumi Wiring India
• Narmada Agrobase
• Info Edge (India)
• N. B. I. Industrial Finance Company
• Orient Ceratech
• Prince Pipes And Fittings
• Prism Johnson
• Ratnamani Metals & Tubes
• Restaurant Brands Asia
• Sanghvi Movers
• Sansera Engineering
• Sarveshwar Foods
• Shree Pushkar Chemicals & Fertilisers
• Solar Industries India
• Sonam Ltd
• Southern Petrochemicals Industries Corporation 
• Steel City Securities
• Summit Securities
• TCNS Clothing Co.
• Texmaco Rail & Engineering
• Triveni Turbine
• V-Guard Industries
• Wanbury
• Wonderla Holidays
• Zodiac Energy

Q4 Results Declared

• Keystone Realtors recorded a 60% decrease in Q4 net profit, amounting to Rs 30.7 crore, with revenue at Rs 811.6 crore compared to Rs 344.4 crore YoY.
• HPL Electric reported a 22% YoY increase in Q4 net profit, reaching Rs 14 crore, with revenue at Rs 424 crore.
• Mukand's Q4 net profit stood at Rs 29 crore, marking a 50% increase QoQ.
• Oberoi Realty witnessed a 64% YoY spike in Q4 profit, reaching Rs 788 crore, driven by robust topline and operating numbers.
• Apollo Tyres saw a 14% YoY decline in Q4 profit, totaling Rs 354 crore, attributed to muted topline performance.
• Radico Khaitan's Q4 profit surged 26% YoY to Rs 54 crore, supported by healthy topline and operating numbers.
• Thyrocare Technologies reported a 41% YoY increase in Q4 profit, amounting to Rs 17.8 crore, driven by strong operating performance.
• Power Finance registered a 19% YoY growth in Q4 net profit, reaching Rs 4,140 crore, with revenue up 20% YoY.
• Granules India recorded a Q4 net profit of Rs 130 crore, marking an 8% YoY increase.
• Paradeep Phosphates reported Q4 net profit at Rs 20.30 crore compared to Rs 9.5 crore YoY.
• Jyothy Labs' Q4 net profit stood at Rs 78.16 crore, marking a 32% YoY increase.
• Clean Science witnessed a 13% YoY decrease in Q4 net profit, with revenue up 5% at Rs 227.5 crore.
• Colgate-Palmolive India saw a 20% jump in Q4 PAT to Rs 379.8 crore.
• Patanjali Foods reported a 22% YoY decrease in Q4 net profit, amounting to Rs 206 crore, while revenue rose 4%.

Date: 14 May 2024 Stock Market Highlights

For the third consecutive session, the stock market today experienced a surge, with the Sensex climbing over 300 points and the Nifty maintaining levels above 22,200. Additionally, broader markets such as the BSE MidCap and SmallCap also displayed strength, each gaining over one percent following a recent correction.

• Sensex recorded an upside of 328.48 points or 0.45%, closing at 73,104.61.
• Nifty concluded the day at 22,217.85, increasing by 113.80 points or 0.51%.
• Bank Nifty ended the day with a surge of 105.35 points or 0.22% at 47,859.45

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Nifty Metal emerged as the top gainer among sectoral indices, rising by 2.77%.
• Following closely were Nifty Auto and Oil & Gas, registering a gain of 1.8% each.
• Nifty PSU Bank, Consumer Durables, and Realty sectors all saw an increase of 1% each.
• On the downside, Nifty FMCG and Pharma experienced a decline of 0.5% each.

Market Update

• Quant Mutual Fund has received approval from the RBI to acquire up to a 9.98% stake in RBL Bank.
• Hindalco's subsidiary, Novelis, has filed a registration statement with the SEC for its upcoming IPO.
• Mankind Pharma is considering acquiring Bharat Serum from PE Firm Advent.
• Sterlite Tech has partnered with du telecom to expand fiber in the UAE.
• Rail Vikas Nigam has secured a Rs 240 crore order from the Southern Railway for a signaling system.
• HDFC has launched 'Pixel Play,' a digital credit card that is entirely mobile app-based and customizable.
• Exicom has introduced India's 'fastest' DC chargers for EVs.
• Devyani International, the operator of KFC, has partnered with PVR Inox to operate food courts in shopping malls.
• Andhra Paper has approved a share split, dividing each share into five.
• Bharti Hexacom has declared a dividend of Rs 4 per share.
• Siemens India board approved the demerger of its energy arm into a separate listed entity - Siemens Energy India Limited. Shareholders of Siemens Limited will receive one share of Siemens Energy India Limited for every one share of Siemens Limited.
• Go Digit IPO will open for subscription tomorrow, i.e. May 15, 2024.

Q4 Result Update

Upcoming Result on 15th May 2024

• A2Z Infra Engineering
• Arihant Superstructures
• Asahi India Glass
• Brookfield India Real Estate Trust
• Cantabil Retail India
• Clean Science and Technology
• CMS Info Systems
• COSMO FIRST
• CSL Finance
• Deep Industries
• Dhruv Consultancy Services
• Dixon Technologies (India)
• Goa Carbon
• Gokul Agro Resources
• Granules India
• GTL
• Honeywell Automation India
• HPL Electric & Power
• Indian Energy Exchange
• Jindal Stainless
• Jyothy Labs
• Kokuyo Camlin
• LIC Housing Finance
• Mankind Pharma
• Medi Assist Healthcare Services
• Megasoft
• MOIL
• Mukand
• NCC
• Nectar Lifesciences
• NLC India
• Nureca
• One Point One Solutions
• Palash Securities
• Paradeep Phosphates
• Power Finance Corporation
• Pitti Engineering
• Pricol
• Rane Holdings
• Redington
• Keystone Realtors
• Sandur Manganese & Iron Ores
• SBC Exports
• Sequent Scientific
• Signatureglobal (India)
• Somany Ceramics
• Transport Corporation of India
• Thomas Cook  (India) 
• Tijaria Polypipes
• Thirumalai Chemicals
• Titagarh Rail Systems
• TRF
• Trident
• Visaka Industries
• Wonder Electricals
• Welspun Investments and Commercials

Q4 Results Declared

• Devyani International reported a net loss of Rs 7.5 crore in Q4 compared to a profit of Rs 60.7 crore in the same period last year, despite a 39% increase in revenue.
• Zydus Wellness saw a 3.4% increase in net profit in Q4, with revenue rising by 9.8% to Rs 782.6 crore.
• Mukka Proteins recorded a 24.3% growth in net profit in Q4, accompanied by a 39% increase in revenue to Rs 256.6 crore.
• PVR Inox reported a net loss of Rs 130 crore in Q4, an improvement from the Rs 333 crore loss in the previous year.
• Bajaj Electricals witnessed a 44.7% decline in net profit in Q4, with revenue decreasing by 8%.
• Apar Industries' Q4 net profit decreased by 3% year-on-year, despite a 9.1% increase in revenue to Rs 4,455 crore.
• BASF India's Q4 net profit stood at Rs 161.43 crore compared to Rs 140.06 crore in the previous quarter.
• Jubilant Ingrevia's net profit in Q4 decreased by 44% year-on-year, with a 6.2% decline in revenue.
• AIA Engineering reported a 2.6% decrease in net profit in Q4, with revenue amounting to Rs 261 crore.
• Surya Roshni saw a 33.2% decline in net profit in Q4, with revenue decreasing by 3.3% to Rs 2,080 crore.
• Kirloskar Bros witnessed a 57% increase in net profit in Q4, with revenue rising by 9% to Rs 1,224 crore.
• DLF reported a 61.5% increase in net profit in Q4, with revenue up by 47%.
• Jindal Steel's net profit in Q4 rose by 100% to Rs 933 crore amid robust demand.
• Bharti Hexacom's net profit in Q4 increased by 10% to Rs 223 crore.
• Bharti Airtel's net profit in Q4 decreased by 31% to Rs 2,072 crore.
• Siemens Ltd. reported a 74% year-on-year rise in consolidated net profit to Rs 896 crore in the March quarter.

Date: 13 May 2024 Stock Market Highlights

The stock market today demonstrated a complete turnaround from their day's lows, ending the session in positive territory after both indices experienced a nearly one percent decline during morning trade.

• Sensex recorded an upside of 111.66 points or 0.15%, closing at 72776.13.
• Nifty concluded the day at 22104.05, increasing by 48.85 points or 0.22%.
• Bank Nifty ended the day with a surge of 333 points or 0.70% at 47,754.10

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Leading the sectoral gainers, Nifty Pharma surged by 1.8%, followed closely by Nifty Metal and Realty, both showing a rise of 1.3%.
• Nifty Bank recorded a modest increase of 0.7%, while Nifty IT saw a slight gain of 0.4%.
• Nifty Auto experienced a notable decline of 1.68%, with Nifty PSU Bank and Oil & Gas following suit, dropping by 1.2% and 0.8%, respectively.

Market Update

• Biocon has inked a distribution agreement with Medix for Liraglutide in Mexico.
• Va Tech Wabag has secured a $49 million order from Kathmandu Upatyaka Khanepani.
• The board of GM Breweries is set to consider the allotment of bonus shares on May 27.
• Bharti Airtel and Google Cloud have entered into a long-term collaboration.
• Shyam Metalics has initiated production capacity at its Kharagpur plant.
• Sarveshwar Foods has been awarded a contract from Mata Vashino Devi.
• Praveg has obtained a 30-year land lease in Jawai, Rajasthan, for a resort.
• Goldiam Intl has won a Rs 30 crore order for manufacturing lab-grown diamonds.
• Cera Sanitaryware has approved a dividend of Rs 60 per share for FY24.
• Landmark Cars is set to inaugurate a Mercedes Benz sales outlet in Bhopal.
• TVS Motor has introduced new variants to its TVS Iqube portfolio.
• Indegene made its debut on the stock exchanges at Rs 655, reflecting a premium of 44.9%. However, the stock declined throughout the day and closed its session at Rs 570.

Q4 Result Update

Upcoming Result on 14th May 2024

• Archean Chemical Industries
• Andhra Cements
• Adroit Infotech
• Abans Holdings
• AIA Engineering
• ANDHRA PAPER
• Anmol India
• Apar Industries
• Apollo Tyres
• Aurionpro Solutions
• Bajaj Electricals
• Balu Forge Industries
• BASF India
• Bharti Airtel
• Bharti Hexacom
• BLS International Services
• Butterfly Gandhimathi Appliances
• Colgate Palmolive (India)
• Dalmia Bharat Sugar and Industries
• Devyani International
• Dynamic Cables
• Edelweiss Financial Services
• Emmbi Industries
• Ganesh Housing Corporation
• GTL Infrastructure
• HP Adhesives
• Ideaforge Technology
• Ind-Swift
• IOL Chemicals and Pharmaceuticals
• Intrasoft Technologies
• Nandani Creation
• Jubilant Ingrevia
• KDDL
• Kirloskar Brothers
• Magadh Sugar & Energy
• Man Infraconstruction
• Matrimony.Com
• MIRC Electronics
• Mukka Proteins
• Nilkamal
• Oberoi Realty
• OnMobile Global
• Patanjali Foods
• PDS
• The Peria Karamalai Tea & Produce Company
• Platinum Industries
• PTL Enterprises
• PVR INOX
• Radico Khaitan
• Ram Ratna Wires
• RBZ Jewellers
• Repco Home Finance
• Safari Industries (India)
• Sagar Cements
• SecMark Consultancy
• Shanti Overseas (India)
• SHREE CEMENT
• Shyam Metalics and Energy
• Siemens
• Speciality Restaurants
• Surya Roshni
• Themis Medicare
• Thyrocare Technologies
• Tamilnadu PetroProducts
• Valiant Laboratories
• V-Mart Retail
• Zydus Wellness

Q4 Results Declared

• Varun Beverages recorded a net profit of Rs 537 crore in Q1, marking a 25% year-on-year increase.
• Karur Vysya Bank reported a net profit of Rs 465 crore in Q4, reflecting a 25% year-on-year rise.
• Advanced Enzyme witnessed a 7% decline in its consolidated net profit to Rs 29.90 crore in Q4 compared to Rs 32 crore reported in the year-ago period.
• UPL's net profit in Q4 stood at Rs 40 crore, marking a significant 95% year-on-year decrease, with revenue at Rs 14,080 crore, down 15% year-on-year.
• Aditya Birla Capital reported a net profit of Rs 1250 crore compared to Rs 609 crore in the previous year.
• Zomato's net profit for Q4 was Rs 175 crore, a substantial improvement from the loss of Rs 188 crore reported in the previous year, with revenue at Rs 3560 crore compared to Rs 2056 crore in the previous year.
• CE Info Systems witnessed a 36% year-on-year increase in net profit to Rs 38 crore in Q4, with revenue rising by 48% to Rs 107 crore.
• MapmyIndia posted a 35% rise in net profit to Rs 38 crore in Q4.
• Eicher Motors saw a PAT increase of 18% year-on-year to Rs 1,070.45 crore in Q4.
• ABB India's net profit surged by 87% to Rs 460 crore in Q1.

Date: 10 May 2024 Stock Market Highlights

The stock market today rebounded after a recent decline, with investors seeking bargains. Despite overall positivity, concerns arise over high domestic valuations and election apprehensions, potentially triggering sell-offs amid lower voter turnout.

• Sensex recorded a decline of 1062.22 points or 1.45%, closing at 72404.17.
• Nifty concluded the day at 21957.50, decreasing by 345 points or 1.55%.
• Bank Nifty ended the day with a loss of 533.20 points or 1.11% at 47,487.90.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Nifty Metal led the gains, rising by 1.5%, followed by FMCG, Auto, and Pharma, each with a 1% increase.
• However, Nifty IT experienced losses, declining by 0.8%.
• Nifty Realty and Nifty PSU Bank both saw a decrease of 0.4% and 0.3%, respectively.

Market Update

• BPCL's board has declared bonus shares in a 1:1 ratio.
• Strides Pharma has received approval from both US FDA and FDA for its Hypocalcemia drug Sevelamer Carbonate Tablets.
• Indian Coast Guard and Hindalco have signed a pact for the supply of marine-grade aluminium for ships.
• Rail Vikas Nigam has emerged as the lowest bidder for an order worth Rs 38.10 crore.
• TVS Holdings is set to acquire 80.74% of Home Credit India Finance for Rs 554 crore.
• Cipla has announced a dividend of Rs 13 per share.
• Aurobindo Pharma has completed the FDA inspection at unit VII of Apitoria.
• Knowledge Marine has won an order worth Rs 73.14 crore from Inland Waterways.
• The IPOs of Aadhar Housing Finance and TBO Tek subscribed 26.76 times and 86.50 times, respectively on the final of the bidding.

Q4 Result Update

Upcoming Result on 11th May 2024

• 3P Land Holdings
• Advanced Enzyme Technologies
• APL Apollo Tubes
• Banswara Syntex
• CCL Products (India)
• Control Print
• DJ Mediaprint & Logistics
• D-Link (India)
• Dolphin Offshore Enterprises (India)
• Hi-Tech Pipes
• India Tourism Development Corporation
• Jaiprakash Associates
• Krishana Phoschem
• Madhya Bharat Agro Products
• Meghmani Organics
• Sheetal Cool Products
• Siyaram Silk Mills
• Savita Oil Technologies
• TVS Srichakra
• Vaswani Industries
• Vishwaraj Sugar Industries

Upcoming Result on 12th May 2024

• Equippp Social Impact Technologies
• JK Cement
• Manorama Industries

Upcoming Result on 13th May 2024

• Aarti Pharmalabs
• Aarvi Encon
• Aditya Birla Capital
• Albert David
• Alembic
• Avadh Sugar & Energy
• Balkrishna Paper Mills
• Bombay Burmah Trading Corporation
• BLS E-Services
• Bombay Super Hybrid Seeds
• Cera Sanitaryware
• Chalet Hotels
• DLF
• Electrosteel Castings
• Ethos
• GIC Housing Finance
• Gillanders Arbuthnot & Company
• Ind-Swift Laboratories
• INOX India
• Iris Clothings
• Jay Bharat Maruti
• JBF Industries
• Jindal Steel & Power
• Karur Vysya Bank
• Manali Petrochemicals
• C.E. Info Systems
• Marshall Machines
• Mask Investments
• Nelcast
• Sanofi India
• Shriram Pistons & Rings
• SMC Global Securities
• Shree Vasu Logistics
• Tube Investments of India
• UPL
• Varun Beverages
• Yasho Industries
• Zim Laboratories Zomato

Q4 Results Declared

• Suryoday Small Finance Bank reported a net profit of Rs61 crore in Q4, marking a 56% increase YoY.
• Polycab recorded a Q4 net profit of Rs 546 crore, reflecting a 28% rise YoY, with revenue reaching Rs 5590 crore, up by 29% YoY.
• Venkys observed a 33% YoY increase in Q4 net profit, although revenue decreased by 14.2% to Rs 895.9 crore.
• NCL India achieved a Q4 net profit of Rs 24 crore, while revenue rose by 13.8% to Rs 495 crore.
• Lal Pathlabs reported a Q4 net profit of Rs 84.50 crore, up by 49% YoY, with revenue reaching Rs 545 crore, up by 11% YoY.
• Sapphire Foods India's Q4 net profit surged by 49% to Rs 84.5 crore, with revenue increasing by 11% to Rs 545.5 crore.
• GE Shipping witnessed a Q4 net profit increase of 25.3% to Rs 905 crore YoY, with revenue up by 2.8% to Rs 1,497.3 crore.
• Cipla reported a Q4 net profit of Rs 939 crore, a significant rise of 79% YoY, with revenue at Rs 6160 crore, up by 7.3% YoY.
• Bank of Baroda's Q4 net profit reached Rs 4890 crore, showing a 2.3% increase YoY.
• Tata Motors reported a Q4 net profit of Rs 17407 crore, significantly higher than Rs 5410 crore YoY.
• Bajaj Hindustan's Q4 net profit declined by 31% YoY to Rs 90.56 crore.
• CAMS observed a 39% YoY increase in consolidated PAT in Q4, reaching Rs 103 crore.
• Relaxo Footwears reported a 3% YoY decrease in Q4 net profit to Rs 61 crore.

Date: 9 May 2024 Stock Market Highlights

The stock market today experienced a significant setback as the NSE Nifty 50 fell below 22,000 and the BSE Sensex plummeted by over 1,000 points. This marked a one-percent intraday decline for both indices and marked the fifth consecutive day of losses.

• Sensex recorded a decline of 1062.22 points or 1.45%, closing at 72404.17.
• Nifty concluded the day at 21957.50, decreasing by 345 points or 1.55%.
• Bank Nifty ended the day with a loss of 533.20 points or 1.11% at 47,487.90.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• With the exception of Nifty Auto, all sectors experienced declines.
• Nifty Oil & Gas emerged as the top loser, plummeting by 3.2%.
• Following closely, Nifty Metal and FMCG indices recorded drops of 2.9% and 2.5%, respectively.
• Nifty Pharma and Realty indices both experienced a 2% decline.

Market Update

• Piramal Enterprises is set to merge with its private housing finance subsidiary Piramal Capital, with the merged entity to be named Piramal Finance.
• Alembic Pharma has received approvals from the USFDA for drugs treating anxiety and acne, along with tentative nods for drugs targeting hypertension and melanoma.
• DLF has successfully sold luxury residential units worth Rs 5,590 crore within just three days under the project named 'DLF Privana West.'
• BSE is acquiring S&P's stake in Asia Index, which will enhance its financial market operations.
• Droneacharya Aerial Innovations has partnered with Cdspace Robotics for the resale of drones.
• Infosys has entered into collaborations with AEEE and IIHS to work on decarbonization initiatives.
• Happiest Minds is set to acquire the complete stake in US-based Aureus Tech Systems LLC.
• EMS has been declared the lowest bidder for a project worth Rs 148 crore from Urja Bhawan in Dehradun.
• Zydus Life has obtained FDA approval for Dapsone Gel.
• Indian Hotels is expanding its partnership with CG Hospitality, aiming to open 25 hotels by 2025.
• Paytm has partnered with Euronet after losing its bill payment license.
• RBI has permitted Bank of Baroda to onboard customers through the BoB World app.
• HPCL has announced a dividend of Rs 16.50 per share.
• The IPOs of Aadhar Housing Finance and TBO Tek subscribed 1.55 times and 4.15 times, respectively on Day 2 of the bidding.

Q4 Result Update

Upcoming Result on 10th May 2024

• Aarti Industries
• Ami Organics
• Artemis Medicare Services
• Bajaj Hindusthan Sugar
• Bank of Baroda
• Bank of India
• Birla Cable
• Cholamandalam Financial Holdings
• Cipla
• Dilip Buildcon
• Eicher Motors
• Excel Realty N Infra
• Fine Organic Industries
• Finolex Industries
• The Great Eastern Shipping Company
• Hester Biosciences
• Indo Thai Securities
• Inspirisys Solutions
• ISMT
• Jupiter Life Line Hospitals
• JTL INDUSTRIES
• Kalyan Jewellers India
• Kalyan Jewellers India
• Kalyani Steels
• Dr. Lal Path Labs Ltd.
• Manaksia Coated Metals & Industries
• Menon Bearings
• NCL Industries
• Neuland Laboratories
• Nuvama Wealth Management
• Polycab India
• Piramal Pharma
• Punjab & Sind Bank
• Rajnandini Metal
• Repro India
• Sangam (India)
• Sapphire Foods India
• Sarla Performance Fibers
• Sharda Cropchem
• Shreyans Industries
• Shyam Telecom
• SIL Investments
• Spencer's Retail
• Stel Holdings
• Sterling Tools
• Subex
• Sundaram Clayton
• Syrma SGS Technology
• Tata Motors
• TATAMTRDVR
• TCI Express
• The Investment Trust Of India
• Thermax
• Tirupati Forge
• Union Bank of India
• Venky's (India)
• VIP Industries

Q4 Results Declared

• SKF India's net profit soared by 42.54% to reach Rs 175.23 crore in Q4 2024, marking a significant increase from Rs 122.93 crore in Q4 2023.
• Sula Vineyards, one of India's leading winemakers, experienced a 4.2% decline in Q4 profit, falling to Rs 13.6 crore from Rs 14.2 crore the previous year.
• Alkyl Amines witnessed a 20.8% slip in Q4 net profit, recording Rs 38.5 crore compared to Rs 48.6 crore in the previous year.
• Asian Paints reported a Q4 net profit of Rs 1,275 crore, marking a 2.2% increase year-on-year, with revenue at Rs 8,730 crore, down 0.7% year-on-year.
• SBI recorded a Q4 net profit of Rs 20,698.3 crore, up 24% year-on-year.
• HPCL reported a Q4 net profit of Rs 2,840 crore, marking a 12% decrease year-on-year, with revenue at Rs 1.21 trillion, up 6% year-on-year.
• PNB reported a Q4 net profit of Rs 3,010.3 crore, compared to Rs 1,160 crore in the previous year.
• Alembic Pharma recorded a Q4 net profit of Rs 178 crore, marking a 16% increase year-on-year, with revenue at Rs 1,520 crore, up 8% year-on-year.
• Indian Overseas Bank reported a Q4 net profit of Rs 1,960 crore, up 24% year-on-year.
• Ajmera Realty saw a Q4 net profit of Rs 29.50 crore, marking a 99% increase year-on-year, with revenue at Rs 231.8 crore compared to Rs 114.2 crore in the previous year.
• Escorts Kubota recorded a Q4 net profit of Rs 242 crore, up 31% year-on-year, with revenue at Rs 2,082.5 crore, down 4.6%.

Date: 8 May 2024 Stock Market Highlights

The stock market today in India ended the day without any change, reflecting market uncertainty amidst election result anticipation and lacklustre corporate earnings.

• Sensex closed flat, declining by 45 points at 73,466.36.
• Nifty closed at 22302.50, remaining unchanged from its previous close.
• Bank Nifty concluded the day with a loss of 264.25 points or 0.55% at 48,021.10.

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Nifty Oil & Gas emerged as the top gainer, surging by 1.7%.
• Following closely behind were Nifty Metal and Auto, both recording gains of 1.48%.
• Nifty Private Bank experienced the most significant decline, dropping by 0.8%.
• The BSE Smallcap index rose by 0.5%, while the BSE Midcap index edged up by 0.8%.

Market Update

• Shiprocket, backed by Zomato, aims to advance further within the e-commerce value chain.
• Paytm witnesses a decline in UPI transactions for the third consecutive month, with its market share reducing to 8.4% in April from 10.8% in February and 9.13% in March.
• The Indian Coast Guard and JSPL sign a memorandum of understanding (MoU) for the supply of indigenous marine-grade steel.
• Delta Corp announces a strategic partnership with AA Group and Peninsula Land.
• South Indian Bank enters into an agreement with Northern ARC Capital.
• Cipla receives one inspectional observation in form 483 during an FDA routine GMP inspection at its Maharashtra unit.
• Welspun Corp eyes the monetization of ABG Shipyard's land parcel.
• Swan Energy collaborates with Telecom Consultants for system integration and smart city solutions.
• Infosys plans to accelerate Yunex traffic's ERP.
• Hero Moto Corp declares a dividend of Rs 40 per share.
• Piramal Enterprises' Board recommends a final dividend of Rs 10 per share.
• Bajaj Consumer Care approved share buyback at Rs 290 per share.
• The IPOs of Aadhar Housing Finance and TBO Tek subscribed 0.46 times and 1.16 times, respectively on Day 1 of the bidding.
• Indegee IPO has been subscribed 70.24 times on the final day of the bidding.

Q4 Result Update

Upcoming Result on 9th May 2024

• ADF Foods
• Ajmera Realty & Infra India
• Alkyl Amines Chemicals
• Alps Industries
• Alembic Pharmaceuticals
• Asian Paints
• Bharat Petroleum Corporation
• Computer Age Management Services
• Capital Small Finance Bank
• CARE Ratings
• DIC India
• Escorts Kubota
• Gopal Snacks
• Heads UP Ventures
• Hikal
• Hindustan Petroleum Corporation
• Intellect Design Arena
• Jash Engineering
• Kapston Services
• Maral Overseas
• Medico Remedies
• Mahanagar Gas
• Moksh Ornaments
• Navneet Education
• Nila Spaces
• Nitin Spinners
• Nexus Select Trust
• Oil Country Tubular
• Orient Electric
• Par Drugs and Chemicals
• PIL ITALICA LIFESTYLE
• Punjab National Bank
• Quess Corp
• Rain Industries
• Relaxo Footwears
• Rane (Madras)
• Rushil Decor
• Sat Industries
• State Bank of India
• Shanthi Gears
• Share India Securities
• Shemaroo Entertainment
• Smartlink Holdings
• Suryoday Small Finance Bank
• Sutlej Textiles and Industries
• Timken India
• TVS Electronics
• TVS Holdings
• Vakrangee
• Venus Pipes & Tubes
• Vertoz Advertising
• V.S.T Tillers Tractors
• Vardhman Textiles

Q4 Results Declared

• Pidilite recorded a 6.4% year-on-year increase in net profit for Q4FY24, reaching Rs 304.3 crore, while revenue from operations rose by 7.9% year-on-year to Rs 2,901.9 crore.
• Bharat Forge reported a 59.3% year-on-year increase in net profit for Q4, totalling Rs 389.6 crore compared to Rs 244.5 crore in the previous year, with revenue up by 17%.
• Sterlite Tech incurred a net loss of Rs 82 crore in Q4 compared to a profit of Rs 65 crore in the same period last year.
• Jupiter Wagons witnessed a significant surge in net profit by 156% year-on-year in Q4.
• Canara Bank's net profit for Q4 stood at Rs 3,757.2 crore, marking a 19% year-on-year increase.
• Balaji Amines recorded a 43.5% year-on-year increase in net profit for Q4, amounting to Rs 68 crore compared to Rs 47.4 crore in the previous year, with revenue up by 12.2% to Rs 413.9 crore.
• Hero MotoCorp reported a net profit of Rs 1020 crore in Q4, up by 19% year-on-year, with revenue reaching Rs 9520 crore, up by 15% year-on-year.
• Westlife Food's net profit for Q4 declined by 96.5% to Rs 0.7 crore compared to Rs 20 crore in the previous year, while revenue increased by 1.1% to Rs 562.3 crore.
• United Breweries posted a five-fold jump in net profit for Q4, reaching Rs 80.15 crore.
• Dr. Reddy's reported a 36% increase in net profit for Q4, amounting to Rs 1,307 crore.
• Piramal Enterprises achieved a net profit of Rs 137.1 crore in Q4 compared to a loss of Rs 195.9 crore in the previous year, with revenue up by 16% to Rs 2,473.3 crore.
• L&T reported a 10% increase in net profit for Q4, reaching Rs 4,396 crore, with revenue up by 15%.
• Tata Power's net profit rose by 11% in Q4 to Rs 1,045 crore.

Date: 7 May 2024 Stock Market Highlights

The stock market today concluded the session in negative territory as selling pressure persisted across various sectors. The downturn was attributed to lacklustre Q4 earnings, which dented market confidence despite the indices hovering near record highs.

• Sensex ended the day down by 383.69 points or 0.52% to reach 73,511.85.
• Nifty 50 witnessed a decline of 140.20 points or 0.62%, closing at 22,302.50.
• Bank Nifty concluded the day with a loss of 609.95 points or 1.25% at 48,895.30.

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Among the top gainers in sectors, the Nifty FMCG Index surged by 2%, while the Nifty IT index rose by 0.77%.
• On the downside, the Nifty realty index and metals index experienced declines of 3.5% and 2.4% respectively.
• Other sectors that witnessed losses were the Nifty PSU Bank Index (down 2.3%), Nifty Healthcare (down 2%), and Nifty Auto (down 1.8%).

Market Update

• Redington's subsidiary, Arena Bilgisayar, has sold its entire stake in Paynet to Iyzi Payment for $92 million.
• Gland Pharma has received FDA approval for plerixafor for injection and sclerosis drug Edaravone injection.
• Hindustan Zinc has approved an interim dividend of Rs 10 per share for FY25.
• IRB Infra has collected toll of Rs 503 crore in April, marking a 29% year-on-year increase.
• Persistent Systems has launched AI-powered data solutions, named iAURA.
• Tata Communications has introduced CloudLyte, an Automated Edge Computing Platform.
• Shyam Metalics has commenced operations at its Ramsarup plant.
• Jindal Stainless has supplied special alloy steel sheets for DRDO's SMART system for the Navy.
• Balmer Lawrie's board will convene on May 28 to discuss matters regarding bonus and buyback.
• 360 One Wam has received government approval to conduct Aadhaar-based authentication of client KYC.
• VA TECH WABAG has secured a repeat order worth €34 million from ONAS for a 36 MLD Wastewater Treatment Plant in Sousse Hamdoun II, Tunisia.
• Bajaj Consumer Care's board will consider the buyback of shares tomorrow.
• The IPOs of Aadhar Housing Finance and TBO Tek will open for subscription from May 8, 2024.
• Indegee IPO has been subscribed 7.40 times on the second day of the bidding.

Q4 Result Update

Upcoming Result on 8th May 2024

• Bajaj Consumer Care
• Balaji Amines
• Bharat Forge
• BSE
• Canara Bank
• Capri Global Capital
• CL Educate
• Datamatics Global Services
• ESAF Small Finance Bank
• Godrej Agrovet
• Greaves Cotton
• Gujarat State Petronet
• Hero MotoCorp
• H.G. Infra Engineering
• Home First Finance Company India
• HT Media
• India Shelter Finance Corporation
• J.G.Chemicals
• Kirloskar Oil Engines
• Kalpataru Projects International
• Larsen & Toubro
• Nath Bio-Genes (India)
• Patel Integrated Logistics
• Piramal Enterprises
• Shrem Invit
• SKF India
• Sterlite Technologies
• Sula Vineyards
• Tata Power Company
• TCI Finance
• TVS Motor Company
• Vijaya Diagnostic Centre
• Wealth First Portfolio Managers
• Westlife Foodworld

Q4 Results Declared

• Happiest Minds recorded a fourth-quarter net profit of Rs 71.98 crore, marking a 25% year-on-year increase.
• IDFC's fourth-quarter net profit stood at Rs 348 crore, witnessing a significant 90% year-on-year decrease, with revenue declining by 81% year-on-year to Rs 9.77 crore.
• Graphite India reported a 45% year-on-year decrease in fourth-quarter net profit to Rs 16 crore, compared to Rs 29 crore in the previous year, with revenue declining by 12% year-on-year to Rs 720 crore.
• Century Textiles' fourth-quarter revenue surged 71% year-on-year to Rs 1,686 crore, up from Rs 982 crore in the previous year.
• Kajaria Ceramics recorded a fourth-quarter net profit of Rs 102 crore, marking a 5.6% year-on-year decrease, while revenue saw a 3.3% year-on-year increase.
• Fusion MicroFinance reported a 16% year-on-year increase in net profit to Rs 133 crore for the fourth quarter.
• Lupin's fourth-quarter profit surged 52% year-on-year to Rs 368 crore, with revenue increasing by 12%.
• Allsec Technologies saw a 71% year-on-year increase in net profit to ₹20.7 crore for the fourth quarter, with revenue growing by 20.1% year-on-year to ₹129.7 crore.
• Hindustan Media reported an 11% decline in fourth-quarter profit, while revenue remained nearly flat at Rs 188 crore.
• SRF's fourth-quarter net profit decreased by 25% year-on-year to Rs 422 crore, with revenue falling by 6% year-on-year to Rs 3570 crore.

Date: 6 May 2024 Stock Market Highlights

India's benchmark Sensex and Nifty opened nearly 0.5 percent higher but ended the session flat due to selling pressure observed in PSU stocks.

• Sensex edged up by 17.39 points or 0.02%, closing at 73,895.54.
• Nifty dipped by 33.15 points or 0.15%, settling at 22,442.70.
• Bank Nifty concluded the day with a loss of 28.25 points or 0.06% at 48,895.30.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• The Nifty Realty index surged by 2.76 percent.
• The Nifty PSU Bank index declined by 3.66 percent.
• Consumer durables and oil & gas sectors experienced losses of 2.55 percent and 1.75 percent, respectively.

Market Update

• After a deal, Bayer Zydus Pharma ceases to be a joint venture for Zydus Life.
• Netweb is currently in discussions with the government regarding an AI sovereign cloud.
• EaseMyTrip expands its presence by opening a new franchise store in Amritsar, Punjab.
• Caplin Point Laboratories receives approval from Colombia for its Softgel capsules.
• Dhabriya Polywood's unit secures a work order from DLF and the Adani Group.
• HCL Technologies and AWS enter into a partnership for GENAI digital transformation.
• DLF anticipates sales value exceeding Rs 5,000 crore from the Privana West project in Gurugram.
• Indian Bank declares a dividend of 12 rupees per share.
• Shapoorji Pallonji Group secures a $1.2 billion loan from Power Finance Corporation.
• JBM Auto aims for revenue of Rs 3,000 crore from its EV business in FY25.
• RITES wins safety orders for Vande Bharat trains.
• Aurobindo Pharma receives NCLT approval to merge two subsidiaries with the company.
• Coromandel International invests an additional Rs 24 crore in Ecozen, increasing its stake to 5.54%.
• Wipro collaborates with Microsoft to introduce GenAI-powered assistants tailored for the financial services sector.
• Indegee IPO subscribed 1.69 times on the first day of the bidding.

Q4 Result Update

Upcoming Result on 7th May 2024

• Bigbloc Construction
• Century Textiles & Industries
• Chambal Fertilizers & Chemicals
• Creditaccess Grameen
• Delta Corp
• Dr. Reddy's Laboratories
• Graphite India
• HIL
• Hindustan Media Ventures
• IDFC
• Indraprastha Gas
• InfoBeans Technologies
• IRB Infrastructure Developers
• Jindal Saw
• JSW Energy
• Jupiter Wagons
• Kajaria Ceramics
• Kamat Hotels (I)
• Kamdhenu Ventures
• KEC International
• Latent View Analytics
• Max Financial Services
• Navin Fluorine International
• Orient Bell
• Pidilite Industries
• PB Fintech
• Rane Engine Valve
• Sasken Technologies
• Sonata Software
• Shekhawati Poly-Yarn
• SRF
• Suraj Estate Developers
• Voltas

Q4 Results Declared

• Arvind's net profit for Q4 increased by 2% to Rs 99 crore compared to Rs 97 crore in the previous year, with revenue rising by 10%.
• CarTrade Tech's Q4 net profit surged by 50% year-on-year to Rs 22 crore.
• Britannia reported a consolidated net profit of Rs 536.61 crore for the March quarter, marking a 3.76% decline from the previous year.
• Indian Bank's Q4 net profit stood at Rs 2250 crore, up 55% year-on-year.
• CG Power's Q4 net profit declined by 45.1% to Rs 234 crore compared to Rs 426 crore in the previous year, while revenue increased by 15.2% to Rs 2,192 crore.
• Zen Technologies saw its consolidated net profit jump by 72.97% year-on-year to Rs 34.94 crore, with net sales rising by 47.47% to Rs 141.39 crore in the quarter under review.
• Anup Engineering's net profit for Q4 surged by 47% to Rs 28.6 crore, while revenue increased year-on-year to Rs 157 crore, supported by a strong order backlog which also rose by 62%.
• Marico recorded a Q4 net profit of Rs 318 crore, up by 5.3% year-on-year, with revenue reaching Rs 2280 crore, up by 1.8% year-on-year.

Date: 3 May 2024 Stock Market Highlights

During another session marked by volatility, the stock market today relinquished their initial gains and concluded lower, with the Nifty closing below 22,500. This decline was driven by selling pressure observed in heavyweights and stocks across various sectors, except for the metal sector.

• The Sensex closed lower by 732.96 points or 0.98% at 73,878.15.
• The Nifty ended the session down by 172.40 points or 0.76% at 22,475.80.
• Bank Nifty concluded the day with a loss of 307.50 points or 0.62% at 48,923.55.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Except for the metal sector, all other sectoral indices closed in negative territory.
• Capital goods, realty, telecom, and PSU Bank indices each declined by 1 percent.
• Oil & gas, auto, Information Technology, and media sectors saw losses of 0.5 percent each.
• The BSE midcap index dropped by 0.2 percent.
• Similarly, the smallcap index experienced a decline of 0.5 percent.

Market Update

• Coforge is set to acquire a 54% stake in Cigniti Technologies at Rs 1,415 per share.
• Bayer has completed the acquisition of the remaining 25% stake in Bayer Zydus Pharma.
• The board of Suzlon Energy has approved a scheme of amalgamation with its subsidiary, Suzlon Global Services Limited, merging it with Suzlon Energy Limited.
• Bajaj Auto has introduced the new Bajaj Pulsar NS400, featuring an all-new 400cc engine.
• Shriram Properties has acquired a 4-acre land parcel near Electronic City, Bengaluru.
• Godfrey Phillips has entered into an agreement with Ferrero India Pvt. Ltd for the distribution and resale of select sweet-packaged food products manufactured by Ferrero through specific channels.
• Wipro will be implementing Independent Health's Medicare Prescription Payment Plan platform.
• KPI Green Energy will consider a stock split on Thursday, May 23, 2024.
• The board of MRF has declared a final dividend of Rs 194 per share.
• Indegee IPO will open for subscription starting Monday, May 6, 2024.

Q4 Result Update

Upcoming Result on 6th May 2024

• Aeroflex Industries
• Allsec Technologies
• Apcotex Industries
• Arvind
• Arvind SmartSpaces
• Automotive Stampings and Assemblies
• Bombay Dyeing & Mfg Company
• Cartrade Tech
• CG Power and Industrial Solutions
• Choice International
• DCM Shriram
• Gujarat Fluorochemicals
• Fusion Micro Finance
• GHCL
• GHCL Textiles
• Godrej Consumer Products
• Grindwell Norton
• Gujarat Gas
• Happiest Minds Technologies
• Indian Bank
• Kamdhenu
• Lupin
• Marico
• Muthoot Microfin
• Orbit Exports
• Prudent Corporate Advisory Services
• Punjab Chemicals & Crop Protection
• ROUTE MOBILE
• Selan Exploration Technology
• Styrenix Performance Materials
• Suven Life Sciences
• Uttam Sugar Mills

Q4 Results Declared

• Coal India's fourth-quarter net profit surged by 26% to reach Rs 8,640.5 crore.
• Ajanta Pharma's consolidated net profit for the quarter ending March FY24 stood at Rs 203 crore, marking a significant increase of 66% compared to the same period last fiscal.
• Voltamp Transformers recorded a net profit of Rs 93.5 crore for the March FY24 quarter, marking a growth of 22.1%.
• Godrej Properties witnessed a 14.3% rise in net profit to Rs 471 crore in the fourth quarter, compared to Rs 412 crore in the previous year. Additionally, revenue increased by 13.4% to Rs 1,426.1 crore.
• MRF's fourth-quarter net profit declined by 7.6% to Rs 379.6 crore compared to Rs 410.7 crore in the previous year. However, EBITDA increased by 5% to Rs 885.7 crore.
• Rane Brake's net profit for the fourth quarter rose by 28% to Rs 15.4 crore, while revenue increased by 12.8% to Rs 186.2 crore.
• Raymond reported an 18% increase in net profit for the fourth quarter, reaching Rs 229 crore compared to Rs 194 crore in the previous year.
• Firstsource Solutions witnessed a 5.5% decrease in PAT to Rs 133 crore in Q4FY24, while total income rose by 6% to Rs 1,673 crore.
• Go Fashion's fourth-quarter net profit decreased by 13.3% to Rs 13 crore, although revenue increased by 16.7% to Rs 182 crore compared to the previous year.
• Adani Green Energy reported a fourth-quarter consolidated net profit after tax of Rs 310 crore, down from Rs 507 crore in the year-ago period, with revenue at Rs 2,810 crore.
• HFCL saw a 53.2% jump in net profit in Q4 to Rs 110 crore compared to Rs 71.8 crore in the previous year.
• JSW Infrastructure's fourth-quarter net profit increased by 10% to Rs 330 crore compared to Rs 300 crore in the previous year.
• Tata Tech reported a Q4 net profit of Rs 157 crore, compared to a consolidated net profit of Rs 217 crore in the year-ago period.

Date: 2 May 2024 Stock Market Highlights

The stock market today rebounded from some of the losses of the previous session, closing higher with the Nifty hovering around 22,650. This followed market participants processing the comments made by the Fed Chair regarding a potential rate hike, after the decision to maintain key interest rates unchanged during the meeting held on May 1.

• Sensex closed with a gain of 128.33 points, representing a 0.17% increase, ending the session at 74,611.11.
• Nifty saw a slight rise of 43.35 points, or 0.19%, finishing at 22,648.20.
• Bank Nifty concluded the day with a loss of 165.70 points or 0.34% at 49,231.05.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Auto, metal, oil & gas, and power sectors each saw gains of one percent.
• However, bank and realty indices ended the session with marginal losses.
• The BSE midcap index reached a new high, closing with a one percent gain.
• The smallcap index also rose, albeit more modestly, by 0.3 percent.

Market Update

• Wipro secures a contract from Nokia to revamp its employee service desk, ensuring seamless IT support across its global workforce in real-time.
• Sonata Software enters into a partnership with Denodo to enhance its service offerings.
• Tata Motors reports a growth of 11.4% YoY in total sales.
• Jindal Stainless announces plans to acquire a 100% stake in Sulawesi Nickel Processing Industries Holdings.
• The Central Pollution Control Board (CPCB) conditionally lifts the closure order for Paradeep Phosphates' plant.
• Mishra Dhatu Nigam's shares surge following an order win worth Rs 139 crore.
• Dabur announces a dividend of Rs 2.75 per equity share.
• L&T Technology Services seals a €45 million partnership deal with FORVIA to collaborate on clean mobility engineering initiatives.

Q4 Result Update

Upcoming Result on 3rd May 2024

• Aarti Drugs
• Adani Green Energy
• Aptus Value Housing Finance India
• Asian Energy Services
• Britannia Industries
• Carborundum Universal
• Entertainment Network (India)
• Firstsource Solutions
• Go Fashion (India)
• Godrej Properties
• HFCL
• Inox Green Energy Services
• Inox Wind
• Inox Wind Energy
• JSW Infrastructure
• Kabra Extrusion Technik
• Kriti Industries (India)
• Kriti Nutrients
• Mittal Life Style
• MRF
• Mangalore Refinery and Petrochemicals
• Next Mediaworks
• Raymond
• Rane Brake Lining
• Sah Polymers
• STEEL EXCHANGE INDIA
• Tata Technologies
• Tatva Chintan Pharma Chem
• Titan Company
• Tree House Education & Accessories
• Vinyl Chemicals (India)
• Virinchi

Upcoming Result on 4th May 2024

• Anup Engineering
• Birla Corporation
• Central Depository Services (India)
• Avenue Supermarts
• IDBI Bank
• The Jammu & Kashmir Bank
• Kansai Nerolac Paints
• Kotak Mahindra Bank
• Mahindra & Mahindra Financial Services
• Nagarjuna Fertilizers and Chemicals
• Nila Infrastructures
• Sambhaav Media
• Vardhman Acrylics
• Zen Technologies

Q4 Results Declared

• Indus Towers reports a 32.4% year-on-year growth in consolidated net profit, reaching Rs 1,853.1 crore for the quarter ended March FY24, attributed to robust operating margin performance.
• Havells India achieved a net profit of Rs 449 crore for the quarter ended March FY24, marking a 24.1% increase compared to the corresponding period of the previous fiscal year, driven by strong revenue and operating numbers.
• Sona BLW Precision Forgings records a consolidated net profit of Rs 148 crore for the March FY24 quarter.
• Mold-Tek Technologies experiences a 36.5% decline in Q4 profit.
• Adani Wilmar achieved a net profit of Rs 156.75 crore for the March FY24 quarter, marking a 67.5% increase compared to the previous year.
• Federal Bank's Q4 net profit rises to Rs 906.3 crore.
• Adani Ports' Q4 profit increased by 76% to Rs 2,040 crore compared to the previous year, with revenue surging by 19%.
• Five-Star Business Finance witnesses a 40% jump in Q4 profit.
• Skipper reports a 6% increase in Q4 profit, with revenue jumping by 75%.
• Dabur's Q4 profit rises by 16% year-on-year, with domestic volume growth at 4.2%.
• South India Bank sees a 14% decline in Q4 net profit despite an improvement in asset quality.
• Ramkrishna Forgings experiences a 37% spike in net profit to Rs 93.8 crore in Q4, with revenue up by 15%.
• Adani Enterprises' Q4 net profit falls to Rs 451 crore.
• Blue Star's Q4 net profit decreases by 28.7% to Rs 160.5 crore, while revenue increases by 27% to Rs 3,328 crore, year-on-year.

Date: 30 April 2024 Stock Market Highlights

In a session of significant volatility, the stock market today reversed all intraday gains and concluded lower, driven by selling pressure in IT, metal, media, and oil & gas sectors.

• At the close of trading, the Sensex witnessed a decline of 188.50 points or 0.25%, closing at 74,482.78.
• Nifty experienced a decrease of 38.60 points or 0.17%, ending the session at 22,604.80.
• Bank Nifty concluded the day with a loss of 27.30 points or 0.06% at 49,396.75.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Sectors such as IT, metal, media, oil & gas, and healthcare witnessed a decline of 0.4-1 percent.
• On the other hand, the auto, power, and realty sectors saw an increase of more than a percent each.
• The BSE midcap index reached a new high and closed 0.5 percent higher.
• Meanwhile, the smallcap index concluded the session flat.

Market Update

• KPI Green secures new orders totaling 74.30 MW for the execution of solar power projects.
• Granules India receives approval for Colchicine Capsules.
• A JV of Rail Vikas Nigam is awarded the Letter of Award for a project valued at Rs 438.95 crore.
• RITES receives the Letter of Award for a contract worth USD 111.26 million.
• Orient Cement initiates the second phase of its Waste Heat Recovery System.
• Jammu and Kashmir Bank enters into a corporate agency agreement with New India Assurance Company.
• SEBI approves the IPO of Asirvad Micro Finance, a subsidiary of Manappuram Finance.
• Grasim Industries' paint plants in Ludhiana, Panipat, and Cheyyar commence commercial production today.
• PSP Projects secures new work orders worth Rs 236.32 crore.
• Coromandel International to establish a Rs 1,000 crore phosphoric acid & sulphuric acid plant.
• Tech Mahindra, in collaboration with Atento, to deliver generative AI Services to enterprises.
• Sanofi India launches diabetes drug Soliqua in the Indian market.
• BHEL enters a strategic partnership agreement with HIMA, Dubai, for railway signaling business.

Q4 Result Update

Upcoming Result on 1st May 2024

• Adani Power
• Ambuja Cements
• Adani Wilmar
• Cigniti Technologies
• Dhampur Sugar Mills
• Greenpanel Industries
• Netweb Technologies India
• Orient Cement
• SIS
• Vardhman Special Steels

Upcoming Result on 2nd May 2024

• Adani Enterprises
• Adani Ports and Special Economic Zone
• AGI Greenpac
• Ajanta Pharma
• Aptech
• Associated Alcohols & Breweries Ltd.
• Astec LifeSciences
• Bliss GVS Pharma
• Blue Dart Express
• Blue Star
• CEAT
• Coal India
• Coforge
• Dabur India
• Digicontent
• The Federal Bank 
• Gallantt Ispat
• Gujarat Lease Financing
• JBM Auto
• KEI Industries
• K.P.R. Mill
• Ksolves India
• Linc
• LLOYDS ENGINEERING WORKS
• Lloyds Metals And Energy
• NK Industries
• Omax Autos
• Procter & Gamble Health
• Plastiblends India
• Privi Speciality Chemicals
• Railtel Corporation Of India
• Ramkrishna Forgings
• R Systems International
• Skipper
• The South Indian Bank
• Tara Chand InfraLogistic Solutions
• Ugro Capital Voltamp Transformers

Q4 Results Declared

• Tata Chemicals reports a Q4 loss of Rs 850 crore due to impairment loss related to UK operations.
• Poonawalla Fincorp's standalone net profit for the March FY24 quarter stands at Rs 331.7 crore, marking an 83.6% growth over the corresponding period of the previous fiscal.
• Jana Small Finance Bank records a net profit of Rs 321.7 crore for the quarter ended March FY24, showing nearly a four-fold increase from Rs 81 crore in the same period last year, driven by tax write-back and lower provisions.
• Newgen Software Technologies sees a 54% increase in Q4 profit.
• Spandana Sphoorty Financial registers a net profit of Rs 122.2 crore for the January-March FY24 quarter, growing by 5.2% over the year-ago period.
• KFin Technologies reports a consolidated net profit of Rs 74.5 crore for the March FY24 quarter, marking a 30.6% increase over the same period in the previous fiscal.
• Gillette India's Q3 profit falls by 3.5%.
• Birlasoft records a consolidated net profit of Rs 180 crore for the quarter ended March FY24, marking a 60.5% increase over the corresponding period of the previous fiscal, driven by healthy operating numbers.
• Shoppers Stop's Q4 profit grows by 63%.
• Symphony reports a 17% increase in Q4 net profit at Rs 48 crore compared to Rs 41 crore, with revenue up by 34.4% at Rs 332 crore versus Rs 247 crore YoY.
• Exide Industries witnesses a 36.5% YoY rise in net profit in Q4.
• REC's Q4 net profit increases by 34% to Rs 4,016.3 crore compared to Rs 3,00.9 crore YoY.
• P&G Hygiene records a net profit of Rs 154 crore in Q4.
• Central Bank of India sees a Q4 profit jump to Rs 807 crore from Rs 571 crore YoY.
• IOC's Q4 net profit declines by 40% to Rs 4,838 crore versus Rs 8,064 crore QoQ, with revenue down by 0.6% at Rs 1.97 lakh crore versus Rs 1.99 lakh crore.
• Dwarikesh Sugar's Q4 net profit decreases by 51% to Rs 23 crore compared to Rs 47 crore, with revenue down by 29% at Rs 380 crore versus Rs 532.5 crore YoY.
• Cholamandalam Investment's Q4 net profit rises by 24% to Rs 1,058 crore compared to Rs 853 crore YoY.

Date: 29 April 2024 Stock Market Highlights

The Stock market today rebounded strongly, recovering all losses from the previous session, with the Nifty surpassing 22,600, fueled by buying activity across various sectors except real estate.

• Sensex closed up by 941.12 points or 1.28% at 74,671.28.
• Nifty ended higher by 223.45 points or 1% at 22,643.40.
• Bank Nifty concluded the day with a gain of 1,223 points or 2.54% at 49,424.05.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• All sectoral indices, except realty, closed in positive territory.
• Healthcare, metal, power, bank, and oil & gas sectors saw gains ranging from 0.4% to 2%.
• The BSE midcap index rose by 0.8%.
• The smallcap index concluded the session unchanged.

Market Update

• ATC Telecom Infrastructure exits its partnership with Vodafone Idea.
• Gland Pharma receives approval for Cetrorelix Acetate for Injection.
• Ircon International's shares surge by 3.5% following a successful bid by its joint venture, winning a Rs 1,198-crore order.
• Glenmark Pharma obtains ANDA approval for Acetaminophen and Ibuprofen Tablets.
• Dilip Buildcon emerges victorious in an arbitration case against NHAI.
• Patanjali Foods receives a proposal to acquire the non-food business segment from Patanjali Ayurved.
• NBCC receives in-principle approval to establish a wholly-owned subsidiary in Dubai.
• Apollo Healthco plans to raise Rs 2,475 crore from Advent International.
• Tata Motors signs a pact with South Indian Bank.
• Techno Electric & Engineering Company secures new orders worth Rs 4,063 crore.
• Religare Enterprises to provide a corporate guarantee of up to Rs 180 crore to Axis Bank for Religare Broking.
• GRM Overseas clinches its first government order to supply premium basmati rice to Oman.
• Ultratech Cement's Board approves a dividend of Rs 70 per share.

Q4 Result Update

Upcoming Result on 30th April 2024

• Adani Energy Solutions
• Ador Welding
• Adani Total Gas
• Bharat Wire Ropes
• Castrol India
• Central Bank of India
• Cholamandalam Investment and Finance Company
• Cybertech Systems And Software
• DB (International) Stock Brokers
• De Nora India
• Dwarikesh Sugar Industries
• Exide Industries
• Filatex India
• Fino Payments Bank
• Five-Star Business Finance
• Foseco India
• Geojit Financial Services
• Gravita India
• Havells India
• IFCI
• Indiamart Intermesh
• Indus Towers
• Indian Oil Corporation
• IRB InvIT Fund
• Jayaswal Neco Industries
• Vedant Fashions
• Mangalam Global Enterprise
• Mold-Tek Technologies
• Navkar Corporation
• NDL Ventures
• Neogen Chemicals
• Newgen Software Technologies
• Nuvoco Vistas Corporation
• Procter & Gamble Hygiene and Health Care
• REC
• RPG Life Sciences
• Sadbhav Engineering
• Sona BLW Precision Forgings
• Star Health and Allied Insurance Company
• Symphony
• Tips Films 

Q4 Results Declared

• Maruti Suzuki reports a 48% increase in net profit for Q4.
• HCLTech's Q4 net profit sees a marginal increase, reaching Rs 3,986 crore.
• ICICI Bank's Q4 net profit surges by 17% to Rs 10,707 crore.
• Yes Bank's Q4 net profit jumps by 123% to Rs 451 crore.
• VST Industries witnesses a 28.4% increase in Q4 profit.
• Utkarsh Small Finance Bank records a 19% growth in Q4 profit.
• Tips Industries' Q4 net profit rises by 41% to Rs 25.8 crore compared to Rs 18.3 crore YoY.
• Mahindra Holidays and Resorts India's Q4 profit surges by 48% to Rs 83.2 crore.
• RBL Bank's Q4 profit sees a 30% surge YoY.
• UltraTech's Q4 net profit rises by 35% to Rs 2,258.58 crore, exceeding estimates.
• Trent's Q4 net profit stands at Rs 654.3 crore compared to Rs 105 crore YoY.
• PNB Housing Finance's Q4 consolidated profit jumps by 57.3% to Rs 439.3 crore, with Net Interest Income (NII) up 7.2% to Rs 623.2 crore YoY.
• Spandana Sphoorty's net profit increases by 22% to Rs 129 crore, with an improvement in asset quality.
• Birlasoft's net profit surges by 62% to Rs 180 crore, with a dividend of Rs 4 per share declared.
• KPIT Tech's Q4 net profit rises by 46% to Rs 164 crore, projecting FY25 revenue growth between 18%-22%.

Date: 26 April 2024 Stock Market Highlights

Stock market today, opened positively but lost all its gains in the early hours. It remained in the negative territory for the rest of the day, eventually closing near the day's high.

• Sensex dropped by 609.28 points, or 0.82%, to 73,730.16.
• Nifty decreased by 150.30 points, or 0.67%, to 22,420.
• Bank Nifty dropped by 293.9 points (0.61%), reaching 48201.05.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• All sectors, except for auto, bank, and capital goods, finished in positive territory.
• Oil & gas, healthcare, realty, and media sectors saw gains ranging from 0.3% to 1%.

Market Update

• IndiGo's stock rose by 2.5% following the order of 30 Airbus A350-900 aircraft.
• Sandur Manganese announced a partnership with ADV Partners to acquire a stake in Arjas.
• PG Electroplast has inaugurated a new integrated air conditioner manufacturing facility.
• Andhra Paper's management ended the lockout at its Rajahmundry manufacturing unit.
• An Arbitral Tribunal awarded L&T a net claim of ₹337.57 crore.
• PSP Projects raised ₹244 crore, resulting in a decline in its share price.
• Tata Steel confirmed a £1.25 billion investment to construct an electric arc furnace in Port Talbot.
• Bank of Maharashtra announced plans to raise ₹7,500 crore.
• Zydus received final approval from the USFDA for its Tretinoin Cream.
• Motilal Oswal Financial Services declared a 3:1 bonus issue and appointed Navin Agarwal as Managing Director.
• Bata India received approval to monetize land in Faridabad.

Date: 25 April 2024 Stock Market Highlights

Stock market today, began with a decline influenced by negative global signals and maintained a steady trend in the initial half. However, it witnessed a significant uptick in the latter half, driven by widespread buying across sectors, particularly propelled by PSU banks.

• Sensex gained of 486.50 points, equivalent to 0.66 percent, reaching 74,339.44.
• Nifty rise of 167.90 points, representing a 0.75 percent increase, reaching 22,570.30.
• Bank Nifty gained by 305.95 points (0.63%), reaching 48494.95.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• All sector indices, except realty, concluded the session with gains.
• The PSU Bank index notably surged by almost 4 percent, reaching a new record high of 7,421.20.

Market Update

• NSE includes Aditya Birla Fashion and SAIL in F&O ban list.
• TCS enters into a multi-year partnership with AWS.
• Happiest Minds shares rise following the acquisition of 100% stake in PureSoftware Tech.
• EaseMyTrip collaborates with Adani Digital Labs.
• MAS Financial Services board approves fund raising.
• Divis Labs plans to expand capacity with an investment of up to Rs 700 crore.
• IHG Hotels signs an agreement with Brigade Group to introduce the InterContinental brand in Telangana.
• GPT Healthcare enters into an agreement for the construction of a hospital.
• RVNL is declared the lowest bidder for a project worth Rs 239 crore.
• RITES signs MoU with Damodar Valley Corporation.
• Deepak Nitrite receives Rs 127 crore towards final settlement.
• Inox Wind approves bonus shares.
• ITC's wholly owned subsidiary WelcomHotels Lanka (Private) launches ITC Ratnadipain in Sri Lanka.
• Puravankara shares surge by 5% after its arm secures a Rs 1,150 crore investment.

Date: 24 April 2024 Stock Market Highlights

Stock market today, there was a deceleration in US business activity, marked by the first drop in employment since 2020 and a decrease in output. This development strengthens the argument for potential rate cuts.

• The Sensex recorded a gain of 114.49 points or 0.16 percent, reaching 73,852.94.
• Nifty witnessed an increase of 34.40 points or 0.15 percent, reaching 22,402.40
• Bank Nifty gained by 218.55 points (0.46%), reaching 48189.00.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• BSE Metal experienced a rise of 2.8 percent, with BSE Commodities and Healthcare also seeing gains of 1.6 percent and 1 percent, respectively.
• Conversely, the BSE Telecommunication index faced a decline of 1.6 percent, while both BSE IT and BSE Teck indices witnessed a decrease of 1 percent each.

Market Update

• A joint venture of RVNL has secured the position of the lowest bidder for a project valued at Rs 439 crore, which was highlighted by Southern Railway.
• GAIL intends to close down the Dabhol LNG terminal starting May 15, in anticipation of the onset of monsoon rains.
• Stocks of Indus Tower and Vodafone experienced a decline following Bharti Airtel's denial of acquisition.
• GPT Infra has clinched an order worth Rs 487 crore from Mumbai Central Railway.

Date: 23 April 2024 Stock Market Highlights

Stock market today started positively, buoyed by favourable international signals and a decrease in concerns about tensions in West Asia, which led to a significant drop in volatility. However, a wave of profit-taking in the last hour reversed most of the earlier gains.

• The Sensex increased by 89.83 points, or 0.12%, to 73,738.45.
• The Nifty up by 31.60 points, or 0.14%, to 22,368.
• Bank Nifty gained by 54.55points (0.10%), reaching 47970.45.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Healthcare, metal, oil & gas, and energy sectors declined by 0.3% to 0.8%.
• FMCG, power, IT, realty, and auto sectors rose by 0.4% to 2%.

Market Update

• Sudarshan Chemical sees gains after its largest competitor, Heubach GmbH, files for bankruptcy.
• Union Bank categorizes its Rs 188 crore credit exposure to BGR Energy Systems as a Non-Performing Asset (NPA).
• The USFDA issues Form 483 with 5 observations to Aarti Drugs' Baddi unit.
• Wipro's step-down subsidiary has been voluntarily dissolved.
• Choice International plans to raise Rs 693 crore.
• RPP Infra Projects secures new orders worth Rs 412.81 crore.
• NBCC secures Rs 23,500 crore of business in FY24.
• The USFDA issues an Establishment Inspection Report (EIR) to Natco Pharma's Hyderabad unit.

Date: 22 April 2024 Stock Market Highlights

Stock market today continued their upward trend for the second consecutive session, buoyed by favorable global signals and a slight easing of concerns regarding Iran-Israel tensions. The market opened with a gap-up and maintained a positive bias within a narrow range throughout the session. It concluded near the day's peak, driven by buying activities across various sectors.

1. The Sensex surged by 560.29 points, marking a gain of 0.77%, reaching 73,648.62.
2. The Nifty showed an increase of 189.40 points, representing a rise of 0.86%, reaching 22,336.40.
3. Bank Nifty gained by 350.75 points (0.74%), reaching 47924.90.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• All sectoral indices concluded in positive territory. Sectors like Auto, PSU banks, capital goods, oil & gas, FMCG, healthcare, and realty witnessed up to 3 per cent gains.

Market Update

• NSE adds Biocon to the F&O ban list for April 22.
• HDFC Bank approves a fund raise of Rs 60,000 crore through bonds via private placement.
• Ultratech Cement to acquire a 1.1 mtpa grinding unit from India Cements.
• Suraj Estate Developers acquires freehold land measuring 1,073 square meters.
• Vikas Lifecare secures orders worth Rs 500 million.
• Welspun Corp receives multiple line pipe orders, totaling approximately Rs 872 crore, both in India and the USA.
• Pavna Industries enters into an agreement with OLA Electric.
• Aditya Birla Fashion board approves the demerger of Madura Fashion business into a separate listed entity.
• Yes Bank receives an income tax refund of Rs 284.21 crore.
• Oil prices decline more than 1% as tensions between Iran and Israel ease.
• Zomato receives an order for GST demand with a penalty of Rs 11.8 crore.
• Sanghi Industries to raise Rs 2,200 crore via NCDs.
• Gujarat Toolroom executes a Rs 650 million order.
• Central Bank Of India enters into a distributorship agreement with Aditya Birla Sun Life AMC.

Date: 19 April 2024 Stock Market Highlights

Stock market today started with losses following reports of Israel's retaliatory missile strike on Iran. However, it reversed course during the afternoon session, recovering from earlier declines and closing near the day's peak.

• The Sensex surged by 599.34 points or 0.83 percent to reach 73,088.33.
• Nifty witnessed a gain of 151.20 points or 0.69 percent, closing at 22,147.00.
• Bank Nifty gained by 504.7 points (1.07%), reaching 47574.15.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Bank and Metal indices each rose by 1 percent, while the FMCG index increased by 0.5 percent.
• Sectors such as healthcare, IT, power, and realty saw declines ranging from 0.3 to 0.6 percent.

Market Update

• The US and Britain have announced new sanctions on Iran following a missile and drone strike on Israel.
• Kronox Lab Sciences has received approval from the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO).
• ITC's subsidiary is set to acquire Blazeclan Technologies for Rs 485 crore.
• Indo Count has acquired the US premium national brand WAMSUTTA.
• Inox Wind has secured a repeat order for 210 MW of 3 MW Wind Turbine Generators (WTGs) from Hero Future Energies.
• Happiest Minds is to acquire 100% equity interest in Macmillan Learning.
• Aurionpro Solutions has acquired Arya.aiv.
• Dixon's arm has entered into an agreement with Longcheer Mobile for manufacturing smartphones.
• Oil prices surged following reports of an Israeli strike on Iran, causing turmoil in the markets.
• Manappuram Finance plans to raise USD 500 million through a bond issue.
• FCS Software has acquired a 54.94% stake in Bloom Healthcare.
• RVNL has been declared the lowest bidder for a project worth Rs 440 crore from South Central Railway.
• Premier Explosives' board has approved a stock split.
• Davangere Sugar Company has approved a stock split.

Date: 18 April 2024 Stock Market Highlights

Stock market today, the Sensex and the Nifty continued their downward trend for a third consecutive session, mirroring the decline in global markets fueled by escalating tensions in West Asia. Investor sentiment was further dampened by the surge in US treasury bond yields, reaching a five-month peak, which diminished risk appetite.

• The Sensex closed down by 456.10 points or 0.62 percent at 72,943.68.
• The Nifty 50 dropped by 124.60 points or 0.56 percent, ending at 22,147.90.
• Bank Nifty dropped by 415.35 points (0.87%), reaching 47069.45.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Except telecom and media, all other sectoral indices are trading in the red.
• The BSE midcap index shed 0.4 percent, while the smallcap index ended on a flat note.

Market Update

• DroneAcharya Aerial Innovations Limited partners with CBAI Technologies Private Limited to procure 200 Type Certified training drones over three years.
• Dialog, Axiata Group, and Bharti Airtel finalize agreement to merge operations in Sri Lanka.
• Marksans Pharma receives 5 inspectional observations from USFDA.
• Ramkrishna Forgings secures approval to supply power train components.
• Endurance Technologies approves capacity addition for aluminium die casting and machining of automotive components.
• Hindustan Zinc ranks as the 3rd largest global producer of silver.
• Tata Consumer Products successfully acquires Organic India.
• Adani Enterprises establishes joint venture company King Power Ospree Pte in Singapore.
• Capacite Infraprojects secures order worth Rs 549 crore.
• Veranda Learning arm to acquire Logic Management Training Institutes.
• Star Housing secures Rs 25 crore loan from LIC Housing Finance.
• KIMS Hospital subsidiary receives tax demand order of Rs 307 crore.
• JSW veteran Prashant Jain acquires 1.89% stake in Coffee Day Enterprises.
• Power Mech Projects receives orders worth Rs 232.03 crore.
• Gujarat High Court grants interim stay on penalty of Rs 260 crore on Suzlon Energy.

Date: 16 April 2024 Stock Market Highlights

Stock market today concluded their third consecutive session in the red, following suit with global markets as concerns heightened over developments in West Asia. Additionally, escalating US treasury bond yields, reaching a five-month peak, dampened investor confidence in assuming risks.

• Sensex closed down by 456.10 points, or 0.62%, at 72,943.68.
• Nifty 50 fell by 124.60 points, or 0.56%, ending at 22,147.90.
• Bank Nifty dropped by 288.45 points (0.60%), reaching 47484.80.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Despite challenges, the broader market stayed positive, with BSE Smallcap climbing 0.6% and BSE Midcap remaining steady.
• Nifty IT and Nifty Financial Services experienced significant declines within sectoral indices, with Nifty IT dropping by 2.6% and Nifty PSU Bank by 1.3%.
• Conversely, Nifty Pharma and Nifty FMCG emerged as top performers among sectoral indices, closing 0.4% higher.

Market Update

• Cipla agrees to purchase Ivia Beaute's cosmetics and personal care division for Rs 130 crore.
• JNK India's IPO will be open for bids from April 23 to April 25.
• Jio Financial Services forms a joint venture with Blackrock to establish wealth management and broking operations.
• Welspun Corp's subsidiary raises a claim of USD 15 million for project cancellation fees from SCS Carbon.
• Cipla Health, a subsidiary of Cipla, is set to acquire the cosmetics and personal care business from Ivia Beaute.
• Sterlite Technologies successfully raises Rs 1,000 crore through the Qualified Institutional Placement (QIP) route.
• Dynacons Systems secures a contract worth Rs 233 crore from NABARD for Core Banking Solution Upgradation & Migration on ASP Model.
• ABB India introduces two energy-efficient motor ranges aimed at fostering sustainable industrial growth.
• GQG increases its stake in Patanjali Foods from 3.3% to 11.5% during the fourth quarter.
• Manappuram Finance plans to deliberate on raising funds of up to $500 million on April 19.

Q4 Result Update 

Upcoming Result on 17th April 2024

• Angel One
• Hathway Cable & Datacom
• ICICI Lombard General Insurance Company
• Infomedia Press
• Just Dial
• Tata Communications 

Upcoming Result on 18th April 2024

• Accelya Solutions India
• Bajaj Auto
• Eimco Elecon (India)
• HDFC Life Insurance Company
• Infosys
• ICICI Securities
• Mastek
• Network18 Media & Investments
• Oriental Hotels
• Reliance Industrial Infrastructure
• Shrenik
• Surana Solar
• Swaraj Engines
• TV18 Broadcast 

Date: 15 April 2024 Stock Market Highlights

Stock market today continued their downward trend for the second consecutive session with widespread selling pressure. Investor sentiment was affected by tensions between Israel and Iran, dampening risk appetite. Additionally, market participants closely monitored the March quarter results.

• Sensex fell by 845.12 points, or 1.14 percent, to reach 73,399.78,
• Nifty declined by 246.90 points, or 1.10 percent, to close at 22,272.50.
• Bank Nifty dropped by 791.3 points (1.63%), reaching 47773.25.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Apart from the oil & gas and metal sectors, all other sectoral indices closed lower.
• BSE Midcap and Smallcap indices both declined by 1.5 percent each.

Market Update

• Sun Pharma faces regulatory setback as Dadra unit tagged 'OAI' by US FDA, leading to stock decline.
• Granules India's Visakhapatnam unit receives positive audit from US FDA with Zero 483s reported.
• Oil prices drop following Iran attack, reducing market's risk premium.
• Mphasis signs strategic collaboration agreements with AWS to enhance services.
• Aster DM Healthcare announces a special dividend of Rs 118 per share.
• Happiest Minds secures order from MindSculpt Analytics.
• Bodhi Tree Multimedia ventures into Bhojpuri content, signs pact with MJ Creative Studio.
• Suven Life Sciences will present positive Phase-2 results on Samelisant at American Academy of Neurology.
• Ambuja Cements acquired 1.5 MTPA Cement Grinding Unit in Tuticorin, Tamil Nadu, from My Home Industries Private Limited.
• IIFL Finance's board to discuss the terms of the rights issue on April 17.
• Reliance Power completes transfer of 45 MW wind power project to JSW Renewable Energy.
• Mahindra and Mahindra approved the acquisition of a 26% stake in Gelos Solren Private Limited, a subsidiary of Mahindra Susten Private Limited.
• Brigade Group to invest Rs 400 crore in developing office space in Chennai.
• National Bank of Kuwait expands its partnership with Intellect Global Transaction Banking to facilitate comprehensive eMACH.ai digital transformation.

Date: 12 April 2024 Stock Market Highlights

The stock market today witnessed a sharp drop with both the Sensex and Nifty experiencing significant losses. This decline was attributed to a widespread sell-off triggered by inflation data from the US. The data dashed investor expectations of an interest rate cut by the Federal Reserve in June, leading to a rise in US treasury bond yields.

• Sensex experienced a decrease of 793.25 points (1.06%), ending the session at 74,244.90.
• Nifty fell by 234.40 points (1.03%), closing at 22,519.40.
• Bank Nifty dropped by 422.05 points (0.86%), reaching 48,564.55.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Nifty Pharma and Nifty Healthcare experienced the most significant declines, down 1.8 percent and 1.5 percent, respectively.
• Nifty Media, Nifty PSU Bank, and Nifty FMCG saw declines of over 1 percent each.
• The BSE midcap index slipped by 0.4 percent.
• The smallcap index shed 0.5 percent.

Market Update

• Computer Age Management Services (CAMS) obtains authorization from RBI to function as an online payment aggregator.
• Bhagiradha Chemicals' board approves a stock split in the ratio of 1:10.
• Maharashtra Seamless secures a work order valued at Rs 674 crore.
• Uno Minda acquires a significant land parcel in Haryana for the development of a greenfield alloy wheel plant.
• Phoenix Mills witnesses a 27% year-on-year growth in consumption and a 37% increase in retail collections during Q4.
• KABIL and CSIR-IMMT signed an MoU for technical and knowledge cooperation in critical minerals.
• Pratham EPC Projects bags an order worth Rs 497 crore.
• Isgec Heavy Engineering's subsidiary has begun the commercial operation of a new ethanol plant in the Philippines.
• Dr. Reddy’s launches the drug-free migraine management device Nerivio in Europe.
• HFCL secures purchase orders totaling Rs 64.93 crores for the supply of optical fiber cables.
• Trident commissions a 1.1 MWp solar power project in Madhya Pradesh.
• TVS Supply Chain Solutions achieves a milestone of 5 lakh CKD (complete knock-down) kits for its customer, TVS Motor Company.
• PVR Inox inaugurates a 14-screen megaplex in Bengaluru and a 9-screen multiplex in Kerala.
• Vakrangee partners with Global One Enterprises to offer OTT services.
• Larsen & Toubro finalizes the divestment of its entire stake in L&T Infrastructure Development Projects.
• Karnataka Bank collaborates with FISDOM to provide stock broking services and 3-in-1 accounts.
• Landmark Cars established a wholly-owned subsidiary named Landmark Premium Cars (LPCPL) to engage in sales, after-sales, and allied business activities.
• Happiest Minds teams up with ENERCON to promote sustainable wind energy solutions.
• USFDA completes inspection of Lupin's Dabhasa plant with no observations.
• TCS declares a dividend of Rs 28 per share.
• Bharti Hexacom debuts on NSE, opening at Rs 755, marking a premium of 32.46% over its issue price of Rs 570. The stock reaches a high of Rs 880 and concludes the session at Rs 813.

Date: 10 April 2024 Stock Market Highlights

The stock market today closed higher. The Nifty index reached a new record high, while the Sensex climbed closer to its all-time peak. This positive performance comes ahead of the release of key economic data later today, including the FOMC meeting minutes and US inflation figures.

• Sensex experienced an increase of 354.45 points (0.47%), ending the session at 75,038.15.
• Nifty was up by 111.05 points (0.49%), closing at 22,753.80.
• Bank Nifty surged by 256.05 points (0.53%), reaching 48,986.60.

The stock market will remain closed tomorrow, i.e. 11th April 2024, on the occasion of Eid-Ul-Fitr. The commodities evening session will remain open from 5 PM.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Stock market indices performed well, except for pharma stocks.
• Media, PSU Bank, FMCG, metal, and oil & gas sectors gained 1-2%.
• Broader markets also rose slightly, with BSE Midcap and Smallcap indices up 0.5% each.

Market Update

• Piramal Pharma ventures into the men’s personal grooming category.
• Finolex Industries divests leasehold rights for approximately Rs 470 crore near Pune.
• Foreign Portfolio Investors (FPIs) increased their stake in Paytm by 2% in Q4FY24.
• Lupin introduced the first generic version of Oracea in the United States.
• Tesla is engaging in discussions with Reliance about establishing an EV plant in India.
• Suraj Estate Developers resolves pending litigation with OLV & OLPS Society.
• IRB Infrastructure Developers' subsidiary secures an arbitral award.
• Exide Industries will acquire a 26% stake in Clean Max Arcadia.
• Gensol Engineering's order book stands at Rs 1,780 crore at the beginning of FY25.
• Nicomac Machinery and Lakumi Trust divest a 4.93% stake in Gland Pharma.
• Cipla's Patalganga unit receives 6 observations from the USFDA, ranging from cleanliness to equipment qualification procedures.
• Maruti Suzuki raises the prices of Swift by Rs 25,000 and selected variants of Grand Vitara by Rs 19,000, effective April 10.
• PB Fintech established a wholly-owned subsidiary named PB Pay.
• Bajaj Finance increases FD rates for most tenures by up to 60 basis points.
• Aditya Birla Fashion and Retail forms a new company, Aditya Birla Lifestyle Brands.
• US FDA concludes inspection of Shivalik Rasayan's Dahej-based API facility with 7 observations.
• Shyam Metalics and Energy expands its portfolio of stainless steel flat products.

Date: 9 April 2024 Stock Market Highlights

The stock market today reached new all-time highs. However, they could not maintain those gains as investors opted to lock in profits before releasing crucial inflation data for India and the United States.

• Sensex experienced a decrease of 58.80 points (0.08%), ending the session at 74,683.70.
• Nifty fell by 23.55 points (0.10%), closing at 22,642.75.
• Bank Nifty surged by 148.85 points (0.31%), reaching 48,730.55.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

Roundup of Stock Market Today

Sector Update

• Indian stock market sectors like auto, FMCG, and energy saw minor losses (0.3-1%).
• Banking, metals, and realty sectors gained slightly (0.3-1%).
• Overall, the broader market indices (mid-cap and small-cap) also experienced small declines.

Market Update

• Dilip Buildcon has been declared as the L-1 bidder for a project valued at Rs 1,092.46 crore by the Haryana Rail Infrastructure Development Corporation in Haryana, on EPC mode.
• HG Infra Engineering has established a subsidiary for an NHAI project worth Rs 862 crore.
• Natco Pharma has received a Warning Letter from the US Food and Drug Administration (USFDA) following a routine cGMP inspection at its Kothur (Pharma Division) manufacturing facility.
• UCO Bank has reported a 16% year-on-year growth in advances for Q4, with deposits increasing by 5.5%.
• Maruti Suzuki has commissioned another vehicle assembly line at its Manesar facility.
• Citigroup Global Markets Mauritius has acquired a 1.11% stake in RBL Bank.
• Strides has received USFDA approval for Fluoxetine Tabs 10 mg and 20 mg.
• Deep Industries has established its wholly-owned subsidiary, SAAR International FZ-LLC, in the Ras Al Khaimah Economic Zone, UAE.
• Dixon Technologies is set to acquire a 50.1% stake in Ismartu India through a share purchase agreement and shareholders’ agreement.
• Uttar Pradesh State GST has conducted searches at all showrooms and warehouses of Aditya Vision in Uttar Pradesh.
• IRDAI has imposed a penalty on Edelweiss Tokio Life Insurance Company.
• ICICI Lombard has entered into a strategic partnership with Policybazaar.
• Gland Pharma has received USFDA approval for a generic breast cancer drug.
• JTL Industries has strategically acquired a controlling stake of 67% in Nabha Steels and Metals, located in Mandi Gobindgarh, Punjab.
• NSE has declared May 20, 2024, a holiday on account of the Lok Sabha elections.
• IndusInd International Holdings Limited (IIHL), part of the Hinduja Group, has acquired a 60% stake in Invesco India Asset Management.

Date: 8 April 2024 Stock Market Highlights

The stock market today surged to new heights. Both the Nifty 50 and the Sensex, opened higher and continued to climb throughout the day, reaching record highs. 

• Sensex experienced an increase of 494.28 points (0.67%), ending the session at 74,742.50.
• Nifty was up by 152.60 points (0.68%), closing at 22,666.30.
• Bank Nifty surged by 88.65 points (0.18%), reaching 48,581.70.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

Roundup of Stock Market Today

Sector Update

• Indian stock market sees gains in auto, energy, infrastructure, metal, and realty sectors (up 1-2%).
• PSU banks, information technology, and media sectors see losses (down 0.5-1%).
• Overall market performance is positive with marginal gains in broader midcap and smallcap indices.

Market Update

• Vuenow Infratech acquires a 2-megawatt capacity data center.
• Mazagon Dock Shipbuilders recorded a provisional and unaudited turnover of approximately Rs 9,400 crore for the financial year ending on March 31, 2024.
• Jana Small Finance Bank has partnered with Kotak Mahindra Life Insurance Company Limited to provide life insurance to its customers.
• Adani Wilmar witnessed double-digit growth in both its edible oils and foods businesses in Q4.
• Greaves Cotton has signed a technology transfer agreement with Tsuyo.
• The USFDA has concluded its inspection of Aurobindo Pharma's subsidiary Eugia Steriles' facility, issuing three observations.
• Rail Vikas Nigam has received a Letter of Acceptance from Central Railway for signaling and telecommunication work on the Khapri-Sewagram Section of Nagpur division.
• Union Bank of India saw an 11.72% year-on-year growth in advances in Q4, with deposits up by 9.29%.
• Prestige Estates reported a 63% year-on-year increase in sales for FY24.
• Cochin Shipyard has signed a Master Shipyard Repair Agreement with the US Navy to repair US naval vessels.
• Gland Pharma has received US FDA approval for Eribulin Mesylate Injection.
• Utkarsh Small Finance Bank witnessed a 27.4% year-on-year deposit growth in Q4, with the gross loan portfolio up by 31.1%.
• Zee Media Corporation has incorporated its wholly-owned subsidiary, Zee Media Inc, in the State of Delaware, United States of America.
• RITES has partnered with IIT-Madras for innovation in green energy solutions.
• Capri Global Capital has disbursed over Rs 10,000 crores worth of NewCar loans in FY24.
• An arm of Adani Total Gas has signed an MoU with MG Motor India to enhance EV charging infrastructure.
• PNB Housing Finance has announced the expansion of its distribution network to 300 branches across India.
• United Breweries has received an order for a tax demand of Rs 263.72 crore.
• Hyundai and Kia have partnered with Exide Energy Solutions for EV battery localization in India.
• Vodafone Idea has received board approval to raise Rs 2,075 crore from the Aditya Birla Group.
• Gland Pharma has obtained US FDA approval for its Eribulin Mesylate Injection.
• Cochin Shipyard has signed a Master Shipyard Repair Agreement with the US Navy.
• Som Distilleries and Breweries has commenced commercial production at its Karnataka plant, following an increase in capacity.
• The US FDA has concluded its GMP inspection at Strides Pharma's subsidiary's Chennai facility, issuing 2 observations.
• Cholamandalam Investment has witnessed a 17% year-on-year growth in disbursements for Q4, amounting to Rs 24,600 crore.
• BSE will implement a limit price protection mechanism on equity derivatives starting from April 16.
• Tata Steel's Q4 India crude steel production has seen a 4.5% year-on-year growth, reaching 5.38 million tonnes.

Date: 5 April 2024 Stock Market Highlights

The stock market today experienced a volatile trading session. The key indices, Sensex and Nifty, closed nearly flat despite the Reserve Bank of India's (RBI) decision to maintain interest rates. 

• Sensex experienced an increase of 20.59 points, ending the session at 74,248.22.
• Nifty closed flat by a small decline of 0.95 points closing at 22,513.70.
• Bank Nifty surged by 432.25 points (0.90%), reaching 48,493.05.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

Roundup of Stock Market Today

Sector Update

• Banking, FMCG and realty sectors up 0.5-1.5%.
• IT and Media sectors down 0.4% each.
• BSE midcap and smallcap indexes rose 0.5% each.

Market Update

• Cipla received six inspectional observations for its Patalganga facility.
• IndusInd Bank reported a 14% year-on-year growth in deposits, with net advances rising by 18%.
• In Q4, Puravankara achieved its highest-ever annual sales value of Rs 5,914 crores in FY24, marking a 90% increase compared to FY23.
• Nestle India received relief as the NCDRC dismissed the government's plea.
• Bajaj Finance's assets under management (AUM) in FY24 grew by 34% year-on-year to Rs 3.3 lakh crore.
• Bandhan Bank saw a 17.8% year-on-year growth in loans and advances in Q4, with deposits up by 25%.
• The RBI maintained the repo rate unchanged for the seventh consecutive time at 6.5%.
• Prestige Estates Projects acquired 21 acres of land in Bengaluru.
• LTIMindtree partnered with Aforza to establish a training academy.
• UltraTech Cement commissioned a 100 MW AC solar energy project in Rajasthan.
• Securekloud Technologies' subsidiary signed a partnership with Cynomi.
• Sheela Foam received compensation of Rs 21.4 crore as per the DCDRC order.
• Cello World commissioned a consumerware manufacturing facility in Rajasthan.
• TVS Motor Company launched TVS Ronin, its modern-retro motorcycle, in Colombia.
• Cafe CoffeeDay defaulted on loan interest payments, with a total financial indebtedness of Rs 434 crore.
• Mphasis signed a strategic collaboration pact with AWS and announced the launch of GEN AI foundry for financial services.
• Amber Enterprises formed a joint venture with four companies.
• Redington and Zoho partnered to assist businesses in India in accelerating their digital transformation.
• DCM received a tax demand notice for Rs 25.89 crore.
• RBM Infracon secured an order worth Rs 22.19 crore.
• Bharti Hexacom IPO subscribed 29.88 times on the last day of the bidding.

Date: 4 April 2024 Stock Market Highlights

The stock market today surged to record highs amid volatile trading, though it saw fluctuations that pared back some gains. It ended the day positively, signalling significant performance ahead of the RBI’s MPC announcement.

• Sensex experienced an increase of 350.81 points (0.47%), ending the session at 74,227.63.
• Nifty rose by 80 points (0.36%), concluding at 22,514.65.
• Bank Nifty surged by 436.55 points (0.92%), reaching 48,060.80.

Top Gainers of Nifty 50