The markets depicted a substantial amount of volatility in a month which was full of surprises i.e. in May 2022. The major event in early May was the unscheduled MPC meet called by RBI amidst rising inflation. It ended up hiking repo rates by 40 bps and CRR by 50 bps. Both the benchmark indices i.e. Sensex and Nifty closed the month on a lower note. The broader markets also ended the month on a tepid note. On the sectoral front, the sectors which shone despite heavy selling were autos and FMCG whereas the one that faced a big pressure point was the metal sector. 

Welspun Enterprises, Mishtann Foods, and Knowledge Marine and Engineering Works are today’s mid-day movers. 

 At 11.30 am on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 were trading flat amidst mixed global cues as the investor sentiment is down, owing to the weakening of the global economies.  

Markets are still a long way from regaining lost ground. However, there are equity mutual fund categories that beat the markets. Continue reading to learn more.

On Thursday, the scrip of R Systems International soared 3 per cent during the early market hours to record an intraday high of Rs 234.70 per share on BSE.

The company’s steel structure division and EPC project division have reported YoY revenue growth of 14 per cent & 18 per cent, respectively during the period.

May 2022 turned out to be a volatile month for the equity markets. The benchmark indices dropped up to 7 per cent during the month but recovered towards the end of the month. Sensex closed the month 2.47 per cent lower whereas Nifty ended 2.84 per cent down.  

The domestic benchmark indices opened in the green territory and traded with moderate gains.

The markets continue to exhibit volatility. In the pre-opening session, the movement in the frontline index S&P BSE Sensex was flat. 

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