In a detailed note, Motilal Oswal Securities said rising commodity prices would benefit 11 index companies, whose combined profit share in Nifty FY22 earnings would rise to approximately 36 per cent against 31 per cent in FY21.
Sensex rises over 300 points, Nifty above 15,200; PowerGrid, SBI, L&T top gainers
Sensex rose 310 points to 50,851 and Nifty surged 71.90 points to 15,247. Of 30 Sensex stocks, 16 were trading in the green
BusinessToday.In | May 24, 2021 | Updated 10:41 IST
PowerGrid was the top Sensex gainer rising over 2 per cent, followed by SBI, L&T, HDFC Bank, Maruti, Axis Bank and Dr Reddy s.
Sensex and Nifty were trading higher in early session today, led by gains in HDFC twins, SBI and ICICI Bank amid mixed global cues. Sensex rose 310 points to 50,851 and Nifty surged 71.90 points to 15,247.16
PowerGrid was the top Sensex gainer rising over 2 per cent, followed by SBI, L&T, HDFC Bank, Maruti, Axis Bank and Dr Reddy s.