Daily Market Update: 13th May 2022

 

 Key Highlights of the Day

• Maruti to invest 11000 crores in first phase of new manufacturing unit in Haryana. 
• Enrich Motors Q4 results: Consolidated net profit up 34% QoQ at Rs610cr. revenue grows to 3193cr. 
• Tesla Puts India entry plan on hold after deadlock on tariff
• SBI plans to go big on co-lending partnership.
• UCO bank Q4 net jump over three fold to 312cr as bad loan falls. 

SENSEX: 52,793.62 (-136.69)

NIFTY 50: 15,782.15 (-25.85)

Nifty Bank: 33,121.35 (-410.80)

NIFTY IT: 29,624.85 (-132.00)

BSE Midcap: 21,815.66 (+170.53)

BSE Smallcap: 25315.75 (+320.24)

 

Top Gainers

Tata Motors: 404.35 (+8.67%)

Sun Pharma: 881.95(+3.76%)

M&M: 891.50(+3.03%)

Top Losers

Hindalco: 386.20 (-4.84%)

SBIN: 440.50 (-4.79%)

JSW Steel: 597.55 (-4.36%)

Daily Market Report: 12th May 2022

 Key Highlights of the Day

• Tata Motors reports Q4 consolidated net loss of Rs 1,032 crore; sales slump 11.5% YoY
• Retail inflation may surge to 7.5% in April on costly fuel, rising food prices, forecast economists
• Annual salary hikes inch closer to pre-COVID levels; to be around 8.13% this year: Report
• SoftBank will cut investments to a fourth in 2022 as tech shares plunge globally
• Russia vows response as Finland seeks NATO membership without delay

SENSEX: 52,930.31 (-1,158.08)

NIFTY 50: 15,808.00 (-359.10)

Nifty Bank: 33,532.15 (-1,161.00)

NIFTY IT: 29,756.85 (-293.35)

BSE Midcap: 21,645.13 (-495.84)

BSE Smallcap: 24,995.51 (-500.41)

 

Top Gainers

Wipro: 473.80 (+0.40%)

Top Losers

Adani Ports: 713.30 (-6.13%)

IndusInd Bank: 869.90 (-5.79%)

Tata Steel: 1,1170.70 (-4.12%)

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%)

Daily Market Report: 10th May 2022

 Key Highlights of the Day

• DoT rejects proposal to allow companies to create internal 5G networks on their premises
• Asian Paints Q4: No growth in profit due to higher input cost, an exceptional loss
• Govt sets target to reduce 50% road accident deaths by 2024: Nitin Gadkari
• P&G India increases spending on women-led businesses to Rs 500 crore by 2025
• Tesla recalls 130,000 vehicles in US on touchscreen display malfunction

SENSEX: 54,364.85 (-105.82)

NIFTY 50: 16,240.05 (-61.80)

Nifty Bank: 34,482.65 (+207.25)

NIFTY IT: 30,427.20 (-306.10)

BSE Midcap: 22,242.76 (-449.42)

BSE Smallcap: 26,078.58 (-562.63)

 

Top Gainers

Eicher Motors: 2,415.55 (+3.04%)

HUL: 2,180.40 (+3.01%)

Asian Paints: 3,086.35 (+2.70%)

 

Top Losers

Coal India: 170.05 (-7.10%)

Tata Steel: 1,164.90 (-6.98%)

ONGC: 154.45 (-6.25%)

Daily Market Update: 9th May 2022

 Key Highlights of the Day

• Sri Lanka PM Mahinda Rajapaksa resigns after weeks of protests
• India allows additional 2,051 MT raw sugar exports to US under tariff-rate quota
• Russian negotiator says peace talks with Ukraine are ongoing
• China's April exports slump to lowest in two years as virus bites
• AAI partners with self-help groups for sale of locally-developed products at airports

SENSEX: 54,470.61 (-364.91)

NIFTY 50: 16,301.85 (-109.40)

Nifty Bank: 34,275.40 (-315.80)

NIFTY IT: 30,733.20 (+13.85)

BSE Midcap: 22,692.18 (-437.43)

BSE Smallcap: 26,641.21 (-451.20)

 

Top Gainers

Power Grid Corp: 245.15 (+2.83%)

HCL Tech: 1,076.10 (+2.47%)

Baja Auto: 3,568.75 (+1.97%)

 

Top Losers

Reliance: 2,518.30 (-3.91%)

Nestle: 16,504.35 (-2.89%)

IndusInd Bank: 889.70 (-2.81%)