Visit us on www.sharekhan.com  |  May 17, 2024
sensex_intraday

Markets end higher. Broader indices outperform

BSE Midcap hits new high, Smallcap closes near record.


Major headlines

  • BEML secured order worth Rs. 250 cr from northern coal fields for dump trucks
  • Zydus Life signed exclusive licensing & supply agreement with MSN for Cabozantinib tablets for US market
  • LT Foods Q4 net profit up by 15.4% YoY to Rs. 148.8 cr

For all the day's market news click here

Indian indices

Indian stock markets closed higher on May 17, led by strong performances in the Midcap Index. M&M, JSW Steel, Ultratech Cement, Kotak Bank, ITC, Maruti Suzuki, NTPC, and Tata Motors were the top gainers on the Sensex. The BSE MidCap, and SmallCap indices closed over 1% higher each. The Sensex rose by 0.34% or 253.31 points to 73,917.03. The Nifty gained 0.28% or 62.25 points to 22,466.10.


Indices performance for the day

Indices Closing Chg (pts) Chg (%)
BSE Sensex 73,917.03 253.31 0.34
NSE Nifty 22,466.10 62.25 0.28
BSE Midcap 42,841.10 498.42 1.18
BSE Smallcap 47,591.67 651.75 1.39

Following are the stocks/sectors which were in news today:

  • Ratnamani Metals & Tubes advanced 3.55% to Rs. 3,262, after the company’s consolidated net profit rose marginally to Rs. 192.16 crore in Q4 FY24 as compared with Rs. 191.55 crore in Q4 FY23.
  • Sanghvi Movers declined 7.26% to Rs. 1,179.50, as the board approved stock split.

Market sentiment

Market breadth (No of shares)   Volume (Rs in crore)
  BSE NSE   BSE NSE
Advance 2403 1701 Cash 7,481.98 1,10,751.30
Decline 1410 933 F&O 31,188.39 1,56,69,680.00

Sectoral & stock screening

Post_sectoral

BSE Sensex A Group

Top 5 Gainers Closing Price Chg (%)   Top 5 Losers Closing Price Chg (%)
Kirloskar Ferrous Industries 725.25 20.00   Sanghvi Movers 1,179.50 -7.26
MOIL 524.60 19.99   Nava 499.30 -6.16
Kaynes Technology India 3,090.45 19.98   Eclerx Services 2,275.00 -5.33
KIRI Industries 370.90 19.84   Honeywell Automation India 53,000.00 -5.04
Crompton Greaves Consumer Electricals 391.85 15.68   Shilpa Medicare 498.30 -4.57

To view all the key market data/statistics of the day click here

Post_Int_Ind

Global signals

Sanghvi Movers declined 7.26% to Rs. 1,179.50, as the board approved stock split.

European markets were lower after snapping nine-day winning streak.

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