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%)

Daily Market Report: 30th May 2022

 Key Highlights of the Day

• LIC Q4 Result: Net profit drops 17% to Rs 2,409 crore
• DGCA imposes Rs 10 lakh penalty on SpiceJet for using faulty simulator to train pilots
• IRCTC Q4 net profit doubles to Rs 216 crore, revenue increases to Rs 690.9 crore
• World Bank to disburse $700 million to crisis-hit Sri Lanka: Report
• US embassy to resume routine tourist visa appointments from September

SENSEX: 55,925.74 (+1,041.08)

NIFTY 50: 16,661.40 (+308.95)

Nifty Bank: 35,826.95 (+213.65)

NIFTY IT: 29,753.30 (+1,111.70)

BSE Midcap: 23,031.29 (+513.55)

BSE Smallcap: 26,192.30 (+570.73)

 

Top Gainers

Titan Company: 2,255.90 (+4.96%)

M&M: 998.35 (+4.78%)

Adani Ports: 734.70 (+4.49%)

Top Losers

Kotak Mahindra: 1,903.20 (-2.21%)

JSW Steel: 538.85 (-1.74%)

Sun Pharma: 888.30 (-1.73%)