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Quick Wrap: Nifty IT Index rises 4.23%
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Market snaps four-day losing streak; Nifty settles above 23,450 mark
As per provisional closing data, the barometer index, the S&P BSE Sensex surged 382.50 points or 0.52% to 74,649.84. The Nifty 50 index rallied 100.95 points or 0.43% to 23,483.55. In the past four consecutive trading sessions, the Sensex tanked 2.90% while the Nifty fell 2.70%.
Closing Bell: Nifty 50 Snaps 4-Day Losing Streak, Gains 101 Points; IT Index Surges Over 4%, NHPC Falls 6% - Dalal Street Investment Journal
Closing Bell: Nifty 50 Snaps 4-Day Losing Streak, Gains 101 Points; IT Index Surges Over 4%, NHPC Falls 6%Dalal Street Investment Journal
ET Alpha Wealth Summit: Decoding market cycles and India's next wealth creators
Investors face market uncertainty. The ET Alpha Wealth Summit on June 4 in Mumbai brings together top investors. S Naren of ICICI Prudential AMC will share lessons on market cycles. Samir Arora of Helios Capital Management will discuss future wealth creation opportunities. The event explores whether market turbulence is over or if more is expected. Registrations are open.
Sensex, Nifty advance strongly; IT shares shine
At 14:30 IST, the barometer index, the S&P BSE Sensex jumped 510.32 points or 0.69% to 74,783.55. The Nifty 50 index rallied 146.60 points or 0.63% to 23,530.45.
Piramal Pharma Ltd drops for fifth straight session
Piramal Pharma Ltd is quoting at Rs 165.7, down 3.04% on the day as on 13:19 IST on the NSE. The stock jumped 2.13% in last one year as compared to a 4.38% slide in NIFTY and a 11.99% spurt in the Nifty Pharma index.
Dr Reddys Laboratories Ltd slips for fifth straight session
Dr Reddys Laboratories Ltd is quoting at Rs 1274.9, down 1.2% on the day as on 13:19 IST on the NSE. The stock jumped 2.13% in last one year as compared to a 4.38% slide in NIFTY and a 11.99% spurt in the Nifty Pharma index.
APL Apollo Tubes Ltd down for fifth straight session
APL Apollo Tubes Ltd is quoting at Rs 1751.6, down 2.05% on the day as on 13:19 IST on the NSE. The stock tumbled 3.53% in last one year as compared to a 4.38% slide in NIFTY and a 48.51% spurt in the Nifty Metal index.
Emami Ltd drops for fifth straight session
Emami Ltd is quoting at Rs 392.55, down 1.27% on the day as on 13:19 IST on the NSE. The stock tumbled 34.27% in last one year as compared to a 4.38% slide in NIFTY and a 12.78% fall in the Nifty FMCG index.
SBI Cards & Payment Services Ltd eases for fifth straight session
SBI Cards & Payment Services Ltd is quoting at Rs 602.3, down 2.22% on the day as on 13:19 IST on the NSE. The stock tumbled 34.27% in last one year as compared to a 4.38% slide in NIFTY and a 5.12% fall in the Nifty Financial Services index.
Power Finance Corporation Ltd slips for fifth straight session
Power Finance Corporation Ltd is quoting at Rs 413.45, down 1.82% on the day as on 13:19 IST on the NSE. The stock jumped 1.52% in last one year as compared to a 4.38% slide in NIFTY and a 5.12% fall in the Nifty Financial Services index.
Max Financial Services Ltd eases for fifth straight session
Max Financial Services Ltd is quoting at Rs 1605.2, down 1.18% on the day as on 13:19 IST on the NSE. The stock jumped 6.08% in last one year as compared to a 4.38% slide in NIFTY and a 5.12% fall in the Nifty Financial Services index.