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.
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.
Heavy buying: Back-to-back upper circuit in this small-cap multibagger stock; hits fresh 52-week high post bonus issue!
In Q4FY23, the company reported a 124 per cent increase in net profits YoY.
In Q4FY23, the company reported a 124 per cent increase in net profits YoY.
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.
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.
1450 per cent returns: This small-cap realty company reports a 120 per cent jump in net profit; declared stellar dividend!
Shares of the company grew by more than 50 per cent in the last six months.
Shares of the company grew by more than 50 per cent in the last six months.
52-week high alert: This automobile company reports a 107 per cent increase in its domestic commercial sales YoY!
Shares of this company jumped more than 25 per cent in the last 6 months.
Shares of this company jumped more than 25 per cent in the last 6 months.
Rs 3,600 crore project: This small-cap power generation company receives a new project from Gujarat Urja Vikas Nigam!
Shares of the company have gained about 9 per cent in the last one year.
Shares of the company have gained about 9 per cent in the last one year.
Multibagger stock: This infrastructure giant secured a USD 2.77 Billion contract to build Renewable Energy Infrastructure!
The stock has risen over 35 per cent in the last one year.
The stock has risen over 35 per cent in the last one year.
52-week high alert: This micro-cap industrial product company reports a 488.89 per cent jump in net profit!
Shares of the company grew by more than 40 per cent in the last one month.
Shares of the company grew by more than 40 per cent in the last one month.
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.
Shares of the company have gained about 50 per cent in the last six months.
Trending stock: This small-cap explosives company receives new orders worth Rs 257.72 crore from Coal India!
Shares of the company have gained about 18 per cent in the last one year.
Shares of the company have gained about 18 per cent in the last one year.
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.
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.
Watch out for these penny stocks that are locked in the upper circuit on June 02
The benchmark indices are trading flat erasing the morning gains.
On June 01, foreign portfolio investors sold securities worth Rs 71.07 crores, and domestic institutional investors (DIIs) were the net buyers of shares worth Rs 488.93 crores.