Stock market highlights on Friday, May 24: Among sectors, the Nifty Bank, and Private Bank indices added 0.4 per cent each
As of 13:03 PM; NDA was leading on 292 seats and the INDIA Alliance was ahead on 233 seats, while others were on top of 18 seats
Other major holdings in his portfolio encompass ITC (down 3%), VIP Industries (down 7%), Infosys (down 1.5%), Grindwell Norton (down 3.5%), Cummins India (down 13%)
At 10:16 AM, all constituents of the BSE Power Index were trading in negative territory
All you need to know before the market opens on Tuesday, June 04: GIFT Nifty hints 100 points gap-up; Lok Sabha 2024 election results to guide the market sentiment today.
On the technical front, too, analysts remain bullish on the markets and suggest the Sensex is set to reach higher levels in the months ahead.
The benchmark Sensex hit a new all-time high of 76,738.89, while the Nifty50 surpassed the 23,300-mark to reach 23,338.70
The exit poll might have reduced some nervousness in the market, but it still remains reasonably high, given the current IVs. Only after India VIX falls back to normal levels,things shall get even.
The benchmark Sensex soared 3.7 per cent, hitting record high and breaching the 76k mark at 76,738 levels in Monday's intraday trade
Bharat Electronics, Larsen & Toubro, Hindustan Aeronautics, CG Power, Bharat Heavy Electricals and Schaeffler India have rallied between 7% and 9% in intra-day trade
Sensex, Nifty on June 3: Exit polls released after the last phase of voting on June 1, 2024, unanimously predicted the clear majority for the ruling Bharatiya Janata Party
India VIX on June 3: The decline in Indian markets' volatility index came after exit polls, which came in the evening on June 1, 2024, gave a clear majority to the BJP-led NDA alliance
Meanwhile, every government since 1991, Shankar Sharma said, has performed exceedingly well in different ways and with different strategies
However, in case, the BSE Sensex is unable to break past the 76,275 level, we may enter a consolidation range, wherein the support at 72,240 becomes a crucial level.
Stock Market Highlights on May 31: Sensex, and Nifty indices closed up to 0.19 per cent higher ahead of exit polls, Q4FY24 GDP data
At the operating front, earnings before interest taxes, depreciation and amortisation (Ebitda), zoomed 79.2 per cent on a Y-o-Y basis to Rs 75.6 crore in Q4FY24, from Rs 42.2 crore in Q4FY23
Praj Industries profit rose 4.3 per cent year-on-year (Y-o-Y) to Rs 91.9 crore in Q4FY24, from Rs 88 crore in the same quarter last year (Q4FY23)
The company's revenue (topline) grew 9.6 per cent to Rs 4,461.2 crore in the March quarter of FY24, from Rs 4,070.2 crore in the March quarter of FY23
All you need to know before market opens on Friday: Gift Nifty hinted of near-about 100-points opening gain as Asian shares rose this morning; FIIs long-short ratio in index futures plummeted to 0.15.
MTNL's net loss widened to Rs 783.7 crore on a year-on-year (Y-o-Y) basis, from a net loss of Rs 748.6 crore in the fourth quarter of financial year 2023 (Q4FY23)