Indices closed in red amidst strong profit booking; PSU banks and Realty dragged the markets
Indices closed in red amidst strong profit booking; PSU banks and Realty dragged the markets

Indices closed in red amidst strong profit booking; PSU banks and Realty dragged the markets

Hindalco, Maruti and Nestle India are the top gainers while SBI, Bajaj-Auto and Kotak bank were the top losers amongst Nifty 50 stocks.        

Prasad Chavan Article rating: 5.0

After gap down opening indices showed strength and touched yesterday’s day high in the first half of the session. However, Bears came in action which resulted Indices to give up all gains and closed below their opening levels in the latter half of the session.

Indices closed higher ahead of FOMC meeting; PSU banks and Pharma hold the markets
Indices closed higher ahead of FOMC meeting; PSU banks and Pharma hold the markets

Indices closed higher ahead of FOMC meeting; PSU banks and Pharma hold the markets

Pharma and PSU Banks traded strong in today’s session. Meanwhile, Media and Realty remained weak for the day.

Prasad Chavan Article rating: 5.0

Indian markets witnessed a range bound session for the day. NSE Nifty 50 rose 44.40 points or 0.26 per cent to close at 17,152 level while S&P BSE Sensex closed around the opening levels with gains of more than 150 points. Nifty Midcap 100 and Nifty Smallcap 100 rose 0.28 per cent and 0.54 per cent respectively.

 

Indices close at day's high; Nifty ends above 17,100 level as Financials lead the rally
Indices close at day's high; Nifty ends above 17,100 level as Financials lead the rally

Indices close at day's high; Nifty ends above 17,100 level as Financials lead the rally

Nifty Financial Services, Nifty Private Bank and Nifty PSU Bank were the star performers in today’s session. Meanwhile, IT and FMCG remained weak for the day.  

Prasad Chavan Article rating: 5.0

Indian markets remained strong throughout the day. NSE Nifty 50 rose 119 points or 0.70 per cent to close at 17,107 level while S&P BSE Sensex successfully closed above 58,000. Nifty Midcap 100 and Nifty Smallcap 100 rose 0.59 per cent and 0.66 per cent respectively.     

 

DSIJ MINDSHARE

Mkt Commentary7-May, 2024

Bonus and Spilt Shares7-May, 2024

Dividend7-May, 2024

Mindshare7-May, 2024

Multibaggers7-May, 2024

Knowledge

Technical4-May, 2024

Fundamental3-May, 2024

MF2-May, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR