Benchmark indices started the week with enthusiasm on Monday, tracking firm trade in Asia this morning, and on Wall Street last Friday. Benchmark S&P BSE Sensex 642 points climbed to bid at 55,526, while nifty 50 It rose 175 points to 16,528.
top gainers and losers
M&M (up 3 per cent), Infosys, Tech M, HDFC, Bajaj Finance, Wipro, IndusInd Bank, HCL Tech, TCS and ICICI Bank were leading in the Sensex index. On the downside, only Bharti Airtel, and NTPC were in the red.
comprehensive index
Among individual stocks, Nykaa rose more than 3 percent despite Q4’s muted results.
Elsewhere, 3M India There was an increase of over 15 per cent after the company reported total income of Rs. 934.8062 crore during the period ended March 31, 2022. The net profit of the company is Rs. 110.91 crores.
Meanwhile, Unichem Labs added 18 per cent on the dividend reward of Rs 4 per share. The company also posted a net profit of Rs 71.5 crore in the fourth quarter of FY22 as against a loss of Rs 91 lakh in the previous period.
global signal
US stocks enjoyed a broad-based rally on Friday, while yields on the benchmark US Treasury fell after data showed US consumer spending picked up in April and inflation slowed, two signs of the world’s worst. The larger economy may be on track to grow this quarter. , The Dow Jones Industrial Average rose 575.77 points, or 1.76 percent, to 33,212.96, the S&P 500 rose 100.4 points, or 2.47 percent, to 4,158.24 and the Nasdaq Composite rose 390.48 points, or 3.33 percent, to 12,131.13.
Shares in Tokyo opened higher on Monday, extending gains on Wall Street, as investors turned their attention to global economic indicators due this week. The benchmark Nikkei 225 index was up 1.21 per cent, or 323.48 points, at 27,105.16 in early trade, while the broader Topix index was up 1.01 per cent, or 19.03 points, at 1,906.33.
Hong Kong and mainland Chinese stocks opened higher on Monday with gains across Asia and followed another rally on Wall Street, boosting confidence in the easing of long-running COVID restrictions in Shanghai. The Hang Seng index rose 1.14 per cent, or 236.14 points, to 20,933.50. The Shanghai Composite Index rose 0.37 per cent, or 11.72 points, to 3,141.96, while the Shenzhen Composite Index gained 0.49 per cent, or 9.66 points, to 1,964.69, on the second exchange of China.
The views and investment suggestions of experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decision.
read all breaking news , today’s fresh news And IPL 2022 Live Updates Here.