 |
Volatile markets end flat. Nifty above 14,600 Indian equities remained highly volatile throughout the day and close April 16, session in the green zone. |
- Quess Corp acquired remaining 30% stake in Conneqt Biz from Tata Sons for Rs. 208 crore.
- NALCO gets mining lease of Utkal-E coal block.
- RITES consortium emerged as lowest bidder for railway project in Bangladesh.
For all the day's market news click here
Indian indices
Indian stock markets erased most of their intraday gains and ended the session on a flat note on April 16 amid high volatility. The Sensex rose by 0.25% or 28.35 points to 48,832.03. The Nifty surged by 0.06% or 36.40 points to 14,617.85.
Indices performance for the day
| Indices | Closing | Chg (pts) | Chg (%) |
| BSE Sensex | 48,832.03 | 28.35 | 0.06 |
| NSE Nifty | 14,617.85 | 36.40 | 0.25 |
| BSE Midcap | 20,157.36 | 233.78 | 1.17 |
| BSE Smallcap | 21,018.55 | 218.86 | 1.05 |
Following are the stocks/sectors which were in news today:
- GTPL Hathway rose by 4.37% to Rs. 130.30, after the company reported a consolidated net profit of Rs. 56.89 crore in Q4 FY21 compared with net loss of Rs. 13.62 crore in Q4 FY20.
- Cadila Healthcare surged by 4.56% to Rs. 527, on reports of company plan to launch COVID vaccine in June.
- Wipro jumped by 8.87% to Rs. 469.25, on better-than-expected earnings and strong guidance, consolidated net profit rose by 27.78% YoY to Rs. 2,972 crore.
Market sentiment
| Market breadth (No of shares) | Volume (Rs in crore) | |||||
| BSE | NSE | BSE | NSE | |||
| Advance | 1663 | 1105 | Cash | 3,865.02 | 66,008.30 | |
| Decline | 1239 | 768 | F&O | - | 2,152,709.00 | |
Sectoral & stock screening
BSE Sensex A Group
| Top 5 Gainers | Closing Price | Chg (%) | Top 5 Losers | Closing Price | Chg (%) | |
| DCM Shriram | 659.00 | 17.90 | Tinplate Company of India | 169.95 | -5.53 | |
| Hester Biosciences | 2,349.45 | 16.71 | Narayana Hrudayalaya | 401.50 | -5.16 | |
| Repco Home Finance | 315.10 | 11.68 | Yaari Digital Integrated Services | 100.35 | -4.70 | |
| Praj Industries | 233.20 | 10.44 | Prestige Estates Projects | 294.20 | -4.08 | |
| Astral Poly Technik | 1,679.75 | 10.05 | Responsives Industries | 162.90 | -3.98 |
To view all the key market data/statistics of the day click here
 |
Global signals Asian markets closed higher on April 16, as investors reacted to the release of Chinese economic data. European markets were higher on April 16, after notching record highs the previous session, as global stocks take heart from strong US economic data and recovery prospects. |
| For Private Circulation only | |
Mail: myaccount@sharekhan.com | SMS: <HELP> to 08826227500
Registered office: Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai – 400042, Maharashtra. Tel: 022 - 61150000. Sharekhan Ltd.: SEBI Regn. Nos.: BSE / NSE / MSEI (CASH / F&O / CD) / MCX - Commodity: INZ000171337; DP: NSDL/CDSL-IN-DP-365-2018; PMS: INP000005786; Mutual Fund: ARN 20669; Research Analyst: INH000006183; Compliance Officer: Mr. Joby John Meledan; Tel: 022-61150000; email id: compliance@sharekhan.com; For any queries or grievances kindly email igc@sharekhan.com or contact: myaccount@sharekhan.com
Disclaimer: Client should read the Risk Disclosure Document issued by SEBI & relevant exchanges and the T&C on www.sharekhan.com; Investment in securities market are subject to market risks, read all the related documents carefully before investing.
Disclaimer: Investment in securities is subject to market risk. You are requested to read and understand the Risk Disclosure document, terms and conditions, policies and procedures and Rights and obligations carefully before investing. Recipients of this report should also be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. To the extent that it includes references to securities, those references do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. For detailed research disclaimer Read more.
| Join us on |  |
 |
 |
 |
 |
 |