Daly Market Update: 6th May 2022

 Key Highlights of the Day

• L&T announces merger of L&T Infotech and Mindtree
• Axis AMC suspends 2 fund managers for 'potential irregularities', says 'zero tolerance' for non-compliance
• Zomato founder Deepinder Goyal to donate ESOP proceeds worth Rs 700 crore to Zomato Future Foundation
• COVID took 15 million lives globally, not the 5 million reported: WHO
• Jump in March, April inflation may have forced RBI to do mid-term hike

SENSEX: 54,835.58 (-866.65)

NIFTY 50: 16,411.25 (-271.40)

Nifty Bank: 34,591.20 (-641.65)

NIFTY IT: 30,719.45 (-713.00)

BSE Midcap: 23,129.61 (-485.63)

BSE Smallcap: 27,092.41 (-581.56)

 

Top Gainers

Hero MotoCorp: 2,563.35 (+2.47%)

Tech Mahindra: 1,290.75 (+2.17%)

Power Grid Corp: 238.40 (+1.99%)

 

Top Losers

Bajaj Finance: 6000.30 (-4.90%)

Divis Labs: 4,165.85 (-4.58%)

Shree Cements: 23,973.65 (-4.44%)