Daily Market Report: 11th May 2022

 Key Highlights of the Day

• US inflation might have dipped last month from 40-year high
• Tourism Australia expects trade pact with India to drive student traffic, aims at 1 million visitors by 2030
• Morgan Stanley says Asia, EM stocks in bear market’s late stage
• China inflation is hurting, as lockdowns roil supplies
• China wants to take Taiwan peacefully but is preparing militarily: US intelligence officials

SENSEX: 54,088.39 (-276.46)

NIFTY 50: 16,167.10 (-72.95)

Nifty Bank: 34,693.15 (+210.50)

NIFTY IT: 30,050.25 (-376.95)

BSE Midcap: 22,140.97 (-101.79)

BSE Smallcap: 25,495.92 (-582.66)

 

Top Gainers

ONGC: 158.60 (+2.69%)

Axis Bank: 672.35 (+1.91%)

IndusInd Bank: 923.35 (+1.38%)

 

Top Losers

Shree Cements: 23,382.30 (-3.78%)

Larsen: 1,570.80 (-2.31%)

Bajaj Finserv: 13,329.80 (-2.20%)