Sensex Today: Share Market Live Update: Sensex jumps 450 points, Nifty50 beats 16,300;  IT, shares of private banks lead profits;  VIX eases by 3% - The Economic Times

Sensex Today: Share Market Live Update: Sensex jumps 450 points, Nifty50 beats 16,300; IT, shares of private banks lead profits; VIX eases by 3% – The Economic Times


Sensex Today Live: Indian stocks rose on Friday, joining the global recovery, driven by strong retail earnings prospects in the United States and weakening fears of too aggressive rate hikes. Profits were widespread, with all major sub-indices of the Nifta trading in positive territory. The Nifty metal index rose 1.65%, while the IT sub-index gained 1.62%.

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Ruchi Soya announced a dividend of 250% for fiscal year 22

Price as of 27.5.2022 10:54Click on the company names to see their current prices.

LIVE Market News: The best players from the Bank Nifty package when opening stores

In our view, FMCG shares are selling with each rise, and hopefully the mood will improve as inflation eases and the monsoons are good.

– Dipan Mehta, Elixir Equities

Page Industries grew by 7% as a clothing manufacturer’s sales, net profit increased in Q4

Shares of Page Industries rose 7.3 percent at the start of trading as the clothing manufacturer reported a 64.86 percent increase in net profit to Rs 190.52 million for the fourth quarter ended March 31, 2022. The company reported a net profit of Rs 115, 56 crore during the period January-March a year ago. Page Industries’ script jumped to a maximum of Rs 44,723.15, compared to Rs 41,665.15 at the previous BSE closure. Shares last traded 5.8 percent higher.

Market Live Updates: Media pack gets the most; here are his 5 best artists

Price as of 27.5.2022 10:13Click on the company names to see their current prices.

Paradeep Phosphates pre-open rate

  • BSE: 43.55 (4% ​​increase)
  • NSE: 44 (5% increase)

Market view: Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services

Market data suggests that the weakness in the US market is coming to an end. The Fed’s minutes indicate a break by the end of the year after rate increases from the beginning of the year. There are also signs of a slowdown in the US economy, which will allow the Fed to be less hawkish than the market has discounted. “

“FPI sales, the main trigger for market weakness in India, are showing signs of depletion. DII and FPI retail purchases and overwhelming sales, along with short coverage, can trigger short-term rallies. High-quality large companies can hold rallies.” Leading banks are safe bets.

Hindalco zooms by 5% as better operating efficiency gives a 99% increase in PAT in Q4

Shares of Hindalco Industries shot 4.7 percent at the start of trading as Aditya Birla announced a massive 99.7 percent increase in its consolidated after-tax profit to Rs 3,851 million for the quarter ended March 2022. The company posted a consolidated PAT of 1,928 million Rs in the quarter of last year. Hindalco’s scrip jumped to a maximum of 426.85 Rs compared to 407.75 Rs at the previous BSE closure. Consolidated fourth-quarter sales increased 38 percent to Rs 55,764 million, compared to Rs 40,507 million in the corresponding quarter last year.

Water Idea, ONGC, Adani Power are among the most active stocks at the NSE

Price as of 27.5.2022 09:22Click on the company names to see their current prices.

All sectors trade green when opening stores

All sectors trade green when opening stores

OPENING BELL: Sensex jumps 450 points, Nifty50 peaks 16,300; Infosys, TechM each increase in price by 2%.

OPENING BELL: Sensex jumps 450 points, Nifty50 peaks 16,300;  Infosys, TechM each increase in price by 2%.

Pre-open session: Sensex jumped 300 points, Nifty under 16,150

SGX Nifty signals a positive start

Skillful futures on the Singapore Stock Exchange traded 82.5 points or 0.51 percent higher at 16,258.50, signaling that Dalal Street was heading for a positive start on Monday.

Tech View: Nifty’s Hammer candle signals a reversal

Nifty50 recorded strong purchases from its support of 15,900 on Thursday, when it finally created a Hammer candle on the daily chart, which is a bullfighting twist. Analysts said such a formation would have a bullish connotation, provided the index attracts a subsequent purchase in the next session.

Oil narrowly surpassed the 2-month high amid global supply concerns

Oil prices eased slightly at the start of Asian trade on Friday after jumping to a two-month high in a previous session as investors focused on signs of tight global supply. Brent oil futures fell 11 cents to $ 117.29 a barrel by 0:08 GMT. WTI oil futures, delivered in July, fell 19 cents to $ 113.90 a barrel. Prices have risen by 50% so far this year.

Korean stocks jump by 1%; won hits a monthly maximum

South Korean stocks rose more than 1 percent on Friday, watching the overnight jump on Wall Street, with support coming from investors buying the stock slump. The Korean won reached a monthly high, while benchmark bond yields declined. The KOSPI benchmark rose by 28.45 points, or 1.09%, to 2,640.90. The index is set at the end of the week without gains or losses.

Hong Kong shares strengthened by more than 3% due to technological growth

Hong Kong shares rose more than three percent on Friday morning due to a sharp rise in technology companies after the strong earnings of giants Alibaba and Baidu. The Hang Seng Index climbed 3.09 percent, or 621.07 points, to 20,737.27.

Australian stocks headed for a second weekly gain

Australian stocks rose on Friday and prepared for a second weekly rise due to broad-based cross-sectoral gains following the US Federal Reserve’s monetary policy meeting, which allayed investors’ fears of too aggressive rate hikes. The S & P / ASX 200 Index rose 1% to 7,176.00 points at 0052 GMT, the highest since May 13. The benchmark has gained 0.4% this week so far.

Tokyo stocks open higher growth on Wall Street

Tokyo stocks opened higher on Friday as investors took the heart out of the Wall Street rally. The Nikkei 225 benchmark rose 1.29 percent or 343.67 points to 26,948.51 at the start of trading, while the broader Topix index rose 1.06 percent or 19.95 points to 1,897.53. US economic indicators released overnight were not strong, including revised first-quarter GDP data and a decline in used home sales in April.

Wall Street is jumping after the retailers’ outlook increases, which weakens the Fed’s concerns

Wall Street closed sharply on Thursday after optimistic retail earnings prospects and declining fears of an overly aggressive interest rate increase by the Federal Reserve brought investors into a buying mood. The Dow Jones Industrial Average rose 516.91 points, or 1.61%, to 32,637.19; The S&P 500 scored 79.11 points, or 1.99%, at 4,057.84; and the Nasdaq Composite added 305.91 points, or 2.68%, to 11,740.65.

The rupee fell 6 paise to 77.61 against the dollar

The rupee fell 6 paise on Thursday, closing at 77.61 against the US dollar, as fixed oil prices and a tireless outflow of foreign capital disrupted investor sentiment. However, domestic stock rallies and a weak US currency in the overseas market have limited the fall of the rupee, traders said. In the interbank foreign exchange market, the rupee opened against the dollar at 77.54 and touched the intraday low of 77.65 and the high of 77.52.

Sensex, Nifty on Thursday

Equity benchmarks first picked up gains for the first time on Thursday this week as investors amassed in recently damaged shares in metals, banks and IT amid expiration of monthly derivative contracts. The 30-share BSE Sensex interrupted its series of defeats after three sessions and strengthened by 503.27 points or 0.94 percent and stabilized at 54,252.53. On similar lines, the broader NSE Nifty gained 144.35 points or 0.90 percent and finished at 16,170.15.

Good morning, dear readers! Here is something that will start your business day

Good morning, dear readers!  Here is something that will start your business day

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