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Market Recap 18-05-2024

Sebencapital

Published
18/05/24
Market Recap| Seben Capital |


Indian Indices

I) Nifty: open 22512 and touched a high of 22520 then a low of 22470 and closed at 22502 with 35 points in Positive.

II) Bank Nifty: open 48197 and touched a high of 48222 then a low of 48108 and closed at 48199 With a total of 83 points in Positive

III) Fin Nifty: open 21511 and touched a high of 21523 then a low of 21469 and closed at 21502 With a total of 23 points in Positive

IV) Nifty Mid Select: open 11342 and touched a high of 11347 then a low of 11316 and closed at 11336 With a total of 35 points in Positive


NSE Advance and decline


Nifty 500 Top Gainer

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


Nifty 500 TOP LOSER

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


Sectoral Performance

Gainer


Outperforming stocks vs nifty 500 over 1 week


Underperforming Stock vs Nifty 500 over 1 week


Stock With Rising Volume


Headlines

Nestle - The jump in stock price happened after the MNC's shareholders turned down a proposal to increase royalty payments to Swiss parent Nestle. Results of a remote e-voting by shareholders show that 57.18% of the votes were cast against the proposal for increasing royalty from 4.5% to 5.25%.

Balkrishna Industries Share Price: Shares of BKT surged 5% on Saturday to its fresh 52-week high of Rs 2,798.95 supported by the company’s solid fourth quarter performance. Its net profit soared 88% while revenue jumped 16% to Rs 2,697 crore on the back of a sales volume of 82,085 MT.


Written by devesh gupta

I am Devesh Gupta, a Junior Analyst at Seben Capital, where I specialize in finance with a focus on market research and data analysis. I support investment decisions by translating complex financial data into actionable insights. My role at Seben Capital allows me to contribute significantly to our investment strategies, leveraging my analytical skills to drive success.

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