Daily Market Update: 20th May 2022

 

 Key Highlights of the Day

• Paytm Q4 Result | Losses widen to Rs 762.5 crore, revenues up 89% YoY. 
• Japan, Europe tread different paths as G7 warns of inflation risks. 
• Oil steadies as supply risks encounter economic headwinds.
• RBI board approves transfer of Rs 30,307 crore as dividend to government for FY22.
• IRFC profit rises 38% to Rs 6,090 crore in FY22.

SENSEX: 54326.39 (+1534.16)

NIFTY 50: 16266.15 (+456.75)

Nifty Bank: 34276.40 (+960.75)

NIFTY IT: 28789.40 (+437.25)

BSE Midcap: 22,506.85 (+437.12)

BSE Smallcap: 26351.29 (+550.25.09)

 

Top Gainers

Dr Reddys Labs: 4,249.10 (+8.13%)

Reliance: 2,624.45 (+5.83%)

JSW Steel: 631.10 (+5.15%)

Top Losers

Shree Cements: 22,001.20 (-0.97%)

UPL: 808.25 (-0.71%)