Disclaimer

The stock market is subject to significant volatility and inherent risks. Investing in stocks involves potential losses and is not guaranteed to generate profits. Prices of stocks can fluctuate unpredictably, We do not give any buy/sell tips. This article is for Educational purposes only.

Indian Indices

I) Nifty: open 22319 and touched the high of 22432 then the low of 22054 and closed at 22394 with 194 points in Positive

II) Bank Nifty: open 47945 and touched a high of 48052 then a low of 47340 and closed at 47974 With a total of 287 points in Positive

III) Fin Nifty: open 21308 and touched a high of 21445 then a low of 21093 and closed at 21416 With a total of 230 points in Positive

IV) Nifty Mid Select: open 11214 and touched a high of 11290 then a low of 11181 and closed at 11276 With a total of 109 points in Positive

NSE Advance and decline

Nifty 500 Top Gainer

• Honeywell Autom - The Indian arm of US conglomerate Honeywell International reported a significant rise in fourth-quarter profit on Wednesday, driven by strong industrial and infrastructure demand. The engineering firm's profit jumped 32 percent to Rs 148 crore for the quarter ended March 31, up from Rs 112 crore a year ago. Revenue from operations increased nearly 12 percent year-on-year to Rs 951 crore.
• Hindustan Aeron - Hindustan Aeronautics is trading 10.03% upper at Rs 4,603.40 as compared to its last closing price. Hindustan Aeronautics has been trading in the price range of 4,654.55 & 4,157.50. Hindustan Aeronautics has given 49.16% in this year & 8.45% in the last 5 days.
• Inox Wind 3:1 Bonus Issue: Wind Energy Stock Jumps 7.79% As Record Date Nears, Shares Rally 415% In 1-Yr

Read more at :- https://www.moneycontrol.com/stocks/marketstats/nse-gainer/nifty-500_7/

Nifty 500 TOP LOSER

Bandhan Bank - Bandhan Bank shares fall 5% ahead of Q4 results; here's earnings preview

Mankind Pharma - Pharmaceutical firm Mankind Pharma Ltd on Wednesday (May 15) reported a 65.1% year-on-year (YoY) jump in net profit at ₹471.2 crore for the fourth quarter that ended March 31, 2024

Canara Bank shares fall 5% after 1:5 stock split.

Sobha - Meeting Agenda: Audited Results & Final Dividend.

read more at - https://sebencapital.com/market-recap-15-05-2024/

Sectoral Performance

Gainer

Read more at - https://www.bloomberg.com/markets/sectors

Outperforming stocks vs nifty 500 over 1 week

read more at - https://trendlyne.com/fundamentals/v1/stock-screener/79795/relative-outperformance-versus-nifty500-over-1-week/index/NIFTY500/nifty-500/

Underperforming Stock vs Nifty 500 over 1 week

read more at - https://trendlyne.com/fundamentals/stock-screener/231110/relative-underperformance-versus-nifty500-over-1-week/index/NIFTY500/nifty-500/

Stock With Rising Volume

Headlines

Ashok Leyland share price scaled 52-week highs of ₹207.45 on Thursday on the NSE. The share price has risen more than 28% since March lows and Axis Securities expects gains of more than 12%.

GAIL, India's largest natural gas company, reported a significant increase in net profit YoY to ₹2,177 crore for Q4FY24. However, there was a 23% decrease in profit compared to the previous quarter.

HAL Q4 Results: The defence PSU reported a net profit at ₹4,308 crore in the March quarter