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
In the previous session, Sensex climbed 256.71 points or 0.52 per cent to finish at 49,206.47, and Nifty rose 98.35 points or 0.67 per cent to 14,823.
US stocks notched a record close on Friday in what proved to be a volatile day in financial markets following a much weaker than expected jobs report.
Market is expected to remain range-bound in the coming truncated week
The index consists of 25 Covid-stocks broadly categorised into five verticals of the healthcare industry — vaccine manufacturers, pharma companies,
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
Axis Securities has recommended over 10 stocks that can deliver robust returns to investors in the long run
Cipla, Dr Reddy's Laboratories, L&T and Vedanta are scheduled to announce their Q4 results on May 14
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%
28 out of 30 Sensex stocks were trading in the green. IndusInd Bank, M&M, SBI, NTPC and Axis Bank rallied as much as 2.5%