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Market Recap 31-05-2024

Sebencapital

Published
31/05/24
Market recap| seben capital| 31-05-2024


Indian Indices

I) Nifty: open 22568 and touched a high of 22653 then a low of 22465 and closed at 22530 with a total of 42 points in  Positive

II) Bank Nifty: open 48895 and touched a high of 49122 then a low of 48569 and closed at 48983 With a total of 301 points Positive

III) Fin Nifty: open 21696 and touched a high of 21786 then a low of 21565 and closed at 21718 With a total of 121 points in Positive

IV) Nifty Mid Select: open 11390 and touched a high of 11414 then a low of 11295 and closed at 11358 With a total of 19 points in Positive


NSE Advance and decline


Nifty 500 Top Gainer

Bikaji -For the March quarter (Q4FY24), Bikaji reported a 199 percent year-on-year (YoY) rise in net profit at Rs 11.56 crore

Adani Total: The stock soared 10.89 percent today to hit a high of Rs 1,060 over their previous close of Rs 955.95. Despite today's sharp rise, it is still 15.87 percent away from its one-year high value of Rs 1,259.90, a level seen on December 8 last year.

PB Fintech's March shareholding data, Tencent Cloud Europe held a 6.26 percent stake in the company.


Nifty 500 TOP LOSER

Welspun Corp anticipates revenue of Rs 17,000 crore for the current financial year, a 3.3 percent fall from FY24.

Swan Energy reported a decline in profit by 10.5 percent year on year (Y-o-Y) to Rs 55.5 crore as against Rs 62.1 crore in Q4FY23

Page Industries- Dividend, stock split shares today: Shares of several companies, including Infosys, Havells India, IEX, Page Industries and others traded ex-date today, May 31.


Sectoral Performance


Outperforming stocks vs nifty 500 over 1 week


Underperforming Stock vs Nifty 500 over 1 week


Stock With Rising Volume


Headlines

INFOSYS - After dividend adjustment INFY is Trading at its crucial Support of 1400, Time to Invest Now?

Welspun Corp anticipates revenue of Rs 17,000 crore for the current financial year, a 3.3 percent fall from FY24.

Written by Sauravsingh

Techpreneur and adept trader, Sauravsingh Tomar seamlessly blends the worlds of technology and finance. With rich experience in Forex and Stock markets, he's not only a trading maven but also a pioneer in innovative digital solutions. Beyond charts and code, Sauravsingh is a passionate mentor, guiding many towards financial and technological success. In his downtime, he's often found exploring new places or immersed in a compelling read.

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