Daily Market Report: 31st May 2022

 Key Highlights of the Day

• India Q4 GDP Update | India Q4 GDP expands by 4.1% YoY; FY22 GDP growth seen at 8.7%
• LIC made Rs 42k crore gains via share sale in FY22, remains contrarian equity investor
• Centre releases Rs 86,912 crore to states, clears GST compensation dues
• New Zealand PM Jacinda Ardern to meet Joe Biden to discuss US engagement in Indo-Pacific
• US wheat crop hit by dry winter then soggy spring, adding to global tightness

SENSEX: 55,566.41 (-359.33)

NIFTY 50: 16,584.55 (-76.85)

Nifty Bank: 35,487.40 (-339.55)

NIFTY IT: 29,679.05 (-74.25)

BSE Midcap: 23,143.82 (+112.53)

BSE Smallcap: 26,370.81 (+178.51)

 

Top Gainers

ONGC: 151.25 (+5.00%)

M&M: 1,034.35 (+3.61%)

NTPC: 156.00 (+3.38%)

Top Losers

Sun Pharma: 860.60 (-3.12%)

Kotak Mahindra: 1,846.85 (-2.96%)

HDFC: 2,306.75 (-2.56%)