F&O expiry: Nifty ends April series above 17,200; Sensex gains 702 pts

CLOSING BELL: 26 of the 30 Sensex constituents and 45 of the 50 Nifty constituents ended the day in the green led by HUL, HDFC Life, SBI Life, Asian Paints, UPL, PowerGrid, L&T, NTPC, SBI, and Infosys

10:13 AM

Indian Hotels surges 6% on healthy Q4 turnaround, strong demand outlook

The management said business outlook is positive with April and May trending ahead of 2019. READ MORE HERE

10:08 AM

Hindustan Unilever gains 4% post strong March quarter results

Shares of Hindustan Unilever (HUL) were up 4 per cent to Rs 2,230 on the BSE in Thursday’s intra-day trade, after the fast-moving consumer goods (FMCG) major beat estimates on volume growth and earnings front in the March quarter 2022 (Q4FY22). Read here

9:55 AM

MARKET CHECK: Sensex erases opening gains, now up 150-odd pts

 

9:44 AM

Adani Enterprises gains after it sets up media arm AMG Networks

9:39 AM

Media stocks battered in an upbeat market

9:35 AM

IHCL gains over 4% after healthy Q4 results

9:32 AM

HUL gains over 2% on strong Q4 results

9:30 AM

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

>> A clear trend in markets now, in developed markets as well as in India, is the preference for value stocks over high-priced growth stocks. This is partly a reflection of risk aversion among investors in the present context of mounting challenges posed by the expected aggressive tightening by the Fed and the uncertainties arising from the Ukraine war that is getting prolonged.

 

>> Dollar index at 103 indicates flight to safety and this implies that FPIs will continue to sell in this market. Sell on rallies is likely to be the texture of this market in the near term. Long-term investors who can ignore short-term gyrations in the market can buy high quality stocks in banking and IT which are depressed due to FPI selling.

9:28 AM

Opening bell: Bajaj Auto, Britannia, SBI Life top Nifty 50 losers

9:25 AM

Opening bell: HUL, Divi's Lab, Sun Pharma top Nifty 50 gainers

9:24 AM

Opening bell: Pharma stocks in demand; Glenmark, Divi's gain over 2%

9:22 AM

Opening bell: Broader markets firm; India Vix slips below 2%

9:21 AM

Opening bell: Barring Nifty Media, all sectors open in positive zone

9:19 AM

Opening bell: 25 out of 30 Sensex stocks open positively

9:18 AM

Opening bell: Sensex opens higher by over 250 points