BSE’s average daily turnover in the equity segment increased by 2 per cent to Rs 5,396 crores as compared to the last year.

No relief seems to be in sight for the markets, which are undergoing a phase of volatility.

EBITDA surged 44.1 per cent on a YoY basis to Rs 61.67 crore in Q4FY22. Profit after tax jumped a whopping 177 per cent YoY to Rs 25.12 crore in Q4FY22.   

The demand for bead wire is expected to rise even further, driven by the replacement market, exports, and timely capacity expansion; asserts Yashovardhan Chordia, Director, Rajratan Thai Wire Co Ltd. Rajratan Global Wire is based in India as well as Thailand. In Thailand, the company is operating as Rajratan Thai Wire Co Ltd. 

We believe that the MF industry would benefit from increased penetration and continue to see similar growth going forward, expresses Rakesh Rawal, CEO - Anand Rathi Wealth Limited.

BSE Smallcap index was attacked by bears and plunged 2.23 per cent to close at 25,495.92.

This fall has come after a rise of 243 per cent  in the index since the start of 2020 till the end of 2021. 

On Wednesday, the benchmark indices ended in the red. At the time of market closing, Sensex slid 276.46 points or 0.51 per cent to end at the 54,088.39 level while Nifty was down by 72.90 points or 0.45 per cent at 16,167. 

The banking and realty sector lend support to the market today as most other sectors close in red territory. At the closing bell on May 11, the Sensex gave up 276 points or 0.5 per cent to close at 54,088.39, while the Nifty index lost 73 points or 0.5 per cent to settle at 16,167.10. Kalyan Jewellers, Gujarat Ambuja Exports and V.I.P. Industries witnessed positive action in today’s session.  

Maruti Suzuki India Ltd informed the exchange about consolidated financial results issued by Suzuki Motor Corporation in Japan.