Daily Market Update: 17th May 2022

 

 Key Highlights of the Day

• Govt weighs selling parts of BPCL instead of full stake - Report. 
• Bharti Airtel Q4 results – Net profit jumps more than 2x to 2008cr, revenue grows 22% YoY . 
• India allows relaxation on wheat export ban: allows shipments awaiting customs clearance.
• LIC IPO down by 8% on listing day.
• SEBI proposes banning celebrity promotion of cryptos.

SENSEX: 54.318.47 (+1344.63)

NIFTY 50: 15259.30 (+417.00)

Nifty Bank: 34301.90 (+704.30)

NIFTY IT: 30218.80 (+815.30)

BSE Midcap: 22,700.87 (+555.77)

BSE Smallcap: 26318.08 (+712.09)

 

Top Gainers

Hindalco: 428.40 (+9.58%)

Tata Steel: 1188.70 (+7.72%)

Coal India: 184.55 (+7.48%)

Top Losers

Tata Constructions: 734.25 (-0.17%)