Category: Market Walk

Daily Market Highlights JUN 11

Previous Day Market Sensex closed at 52,300.47 up by 358.83 points Nifty closed at 15,737.75 up by 102.40 points As committed in the Jun-21 monetary policy, RBI will conduct the third tranche of its open market purchase of G-Sec and state development loans under G-SAP on 17-Jun. G-SAP is short for Government Securities Acquisition Program.

Daily Market Highlights JUN 07

Previous Day Market Sensex closed at 52,100.05 down by 132.38 pointsNifty closed at 15,670.25 down by 20.10 points There is good news on the paddy procurement front in Kharif output for 2020-21. For the previous Kharif season 2020-21, the paddy procurement stood at a record high of 805.21 LMT, sharply better than the 773.45 LMT

Daily Market Higlights JUN 2

Previous Day Market Sensex closed at 51,934.88 down by 2.56 points Nifty closed at 15,574.85 down by 7.95 points  ITC reported -2.6% lower net profits at Rs.3,755 crore for the Mar-21 quarter as the margins of non-cigarette FMCG business came under pressure. The hotel vertical also made losses on an EBITDA basis due to weak

Daily Market Highlights JUN 1

Previous Day Market Sensex closed at 51,937.44 up by 514.56 points Nifty closed at 15,582.80 up by 147.15 points India’s GDP growth for the fourth quarter ended Mar-21 came in at +1.6% while the full-year GDP contraction for FY21 was better than originally estimated at -7.3%. On the demand front, public spending was up 28.3%