Market Highlights

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Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

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May 08, 2024

• Nifty closed @ 22,302.50 (−140.20) and Sensex @ 73,511.85 (−383.69) on Tuesday. GIFT Nifty was trading at 22,401 (as of 7.30 a.m.)
• FIIs net sold equities in cash to the tune of Rs 3,669 cr whereas DIIs net bought Rs 2,305 cr on 7 May 2024
• Govt takes closer look at infra loans proposal, likely to flag concerns to regulator
• Aditya Birla Fin may have invoked Paytm loan guarantees
• PFC seeks legal view on SP Promoters' Rs. 15,000 cr loan proposal
• United Breweries Ltd reported a more than five-fold YoY jump in its consolidated net profit to Rs 80.15 crore in Q4FY24
• Voltas Ltd.'s consolidated net profit down 22.8% YoY at Rs 110.6 crore
• Inox Air Products to set up 190-tonne green hydrogen project in Rajasthan
• Greenko Energies gets CCI nod to acquire additional stake in Sikkim Urja
• Two Bajaj NBFCs raise Rs. 12,000 cr in bonds in a single day
• Dixon partners Nokia for telecom gear making
• Dr Reddy's Q4 FY24 consolidated net profit jumps 36% YoY to Rs 1307 crore
• Prudent Corporate Advisory Q4FY24 consolidated PAT grows 19% YoY to Rs 138.7 crore
• Sumitomo Mitsui invests ₹1,300 crore in SMFG India Credit
• Oberoi Realty signs pact to redevelop Worli housing society
• Indraprastha Gas Q4FY24 consolidated net profit Falls 8.9% QoQ to Rs 433.29 versus Rs 475.45 crore, but Beats Estimates
• JSW Energy Q4 FY24 consolidated PAT jumps 22% YoY to Rs 345 crore
• VIX rises for 9th straight day to reach 17, highest in 15 months
• Happiest Minds Tech Q4FY24consolidated Profit Up 25% To Rs 72 Crore
• 59% rise in "ghost" shopping marts: Knight Frank report
• Indian ADRs: ICICI Bank (-1.4%), HDFC Bank (-2.7%) and Dr. Reddy's (-4.6%)