25 out of 30 Sensex stocks are trading in the red. Kotak Mahindra Bank lost the most was down about 2%, HDFC slipped 1.75%, Bajaj Auto, ICICI Bank and Bajaj Finance lost around 1.40%.
Nava Bharat Ventures has synchronized the 60MW IPP in Odisha with the Grid and has commenced power flows for merchant trade henceforth.
A sell-off in tech stocks weighed down major U.S. indexes overnight.
Growth in home loans were seen in both, the affordable housing segment as well as high-end properties
Benchmark equity indices extended gains for the fourth straight session as healthy buying observed in blue-chip stocks like Sun Pharma, Dr Reddy's Lab and ONGC along with mid and small-cap stocks
28 of 30 Sensex stocks were trading in the green. Dr Reddy's was the top gainers on the Sensex soaring 2.83%, ONGC, Kotak Mahindra Bank, Titan and L&T gained over 1%
The index consists of 25 Covid-stocks broadly categorised into five verticals of the healthcare industry — vaccine manufacturers, pharma companies, hospital chains, pathology laboratories and medical equipment manufacturers
The metal and pharma sectors are likely to continue their bull run whereas in the short term, BFSI, FMCG and auto sectors are likely to see some short-covering
Metal stocks were the star of the day as the Nifty Metal ended 4.7% higher with NALCO (up 9.85%), NMDC (up 8.07), SAIL (up 8.04%), Tata Steel (up 7.5%)
East India’s share has increased from merely 7.7% in March 2020 to 13.2% in March 2021. In March 2021 alone 21,000 new registration came in from Barpeta & 15,000 from Dhubri districts of Assam