Market News
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Taking Stock: Markets extend losses; Nifty slips below 24,200, Sensex declines 852 pts
Biggest Nifty losers were Trent, M&M, Shriram Finance, SBI Life Insurance, Tech Mahindra, while gainers included Dr Reddy's Labs, Cipla, Jio Financial, Adani Enterprises, Apollo Hospitals.
Apollo Micro Systems stock falls 5% again today after board OKs Rs 3,322 cr fundraise; among top smallcap losers
Apollo Micro Systems shares fell again today after the defence electronics company approved raising up to Rs 3,322 crore through a preferential issue of equity shares and convertible warrants. The move came after a recent rally in the stock driven by expectations of defence order opportunities.
Closing Bell: Nifty above 23,100, Sensex gain 509 pts; IT, metal, realty shine
Biggest Nifty gainers were Wipro, Hindalco Industries, HCL Technologies, TCS, Infosys, while losers included Dr Reddy's Laboratories, Adani Enterprises, Interglobe Aviatoion, Apollo Hospitals, Adani Ports. Except Consumer Durables and PSU Bank, all other sectoral indices ended in the green with Information Technology rose 2.5%, Metal index gained 1.5%, Realty index up 1.7% and Media index jumped 1%. The Nifty midcap index was up 0.3 percent, while smallcap index ended flat.
Taking Stock: Markets rally for 4th straight day; Sensex surges 509 pts, Nifty above 23,100
Biggest Nifty gainers were Wipro, Hindalco Industries, HCL Technologies, TCS, Infosys, while losers included Dr Reddy's Laboratories, Adani Enterprises, Interglobe Aviatoion, Apollo Hospitals, M&M.
Trade Spotlight: How should you trade Adani Energy Solutions, AIA Engineering, NALCO, Infosys, Zydus Lifesciences, APL Apollo Tubes and others on June 2?
Selling pressure could intensify if the market decisively breaks the low recorded in May. Below are some short-term trading ideas to consider.