Market Wrap: Sensex and Nifty close higher with Auto sector in the spotlight!
Market Wrap: Sensex and Nifty close higher with Auto sector in the spotlight!

Market Wrap: Sensex and Nifty close higher with Auto sector in the spotlight!

In May, foreign portfolio investors (FPIs) recorded a 9-month high investment of Rs 43,838 crore, driven by a robust domestic macro-outlook and attractive valuations.

Siddharth Mane Article rating: 5.0

On Monday, it is expected that the market will open slightly higher based on the indication from the SGX Nifty. The broader index is anticipated to begin with a positive note, showing a gain of 88.5 points after initiating the session at 18,715.

Watch out for these penny stocks that are locked in the upper circuit on June 05
Watch out for these penny stocks that are locked in the upper circuit on June 05

Watch out for these penny stocks that are locked in the upper circuit on June 05

On basis of bullish developments in global markets, Indian equity indices are in the green on Monday.

Kaustubh Bhosale Article rating: 4.0

On Monday, most Asian stocks extended a global surge on expectations that the Fed will pause rate hikes this month, following data showing that while the US economy gained 339,000 jobs last month, pay growth slowed and the unemployment rate climbed.

Upper circuit alert: This micro-cap company with Rs 13.47 crore m-cap receives orders worth Rs 18.31 crore from the Government of Maharashtra!
Upper circuit alert: This micro-cap company with Rs 13.47 crore m-cap receives orders worth Rs 18.31 crore from the Government of Maharashtra!

Upper circuit alert: This micro-cap company with Rs 13.47 crore m-cap receives orders worth Rs 18.31 crore from the Government of Maharashtra!

Shares of the company have gained about 50 per cent in the last six months.

Praveenkumar Yadav Article rating: 4.2

Shares of the company have gained about 50 per cent in the last six months. 

Market Wrap: Sensex and Nifty 50 end on a higher note!
Market Wrap: Sensex and Nifty 50 end on a higher note!

Market Wrap: Sensex and Nifty 50 end on a higher note!

In the March quarter of 2022-23, the GDP grew by 6.1 per cent, pushing the annual growth rate to 7.2 per cent. With the economy now at USD 3.3 trillion, India is on track to achieve its USD 5 trillion target in the near future.

Siddharth Mane Article rating: 5.0

Based on the SGX Nifty's indication of a positive start for the broader index, with a gain of 70.5 points, it is expected that the market will open slightly higher on June 2. The SGX Nifty opened the session at 18,622.

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