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Sensex, Nifty end higher for fourth session; pharma, metal stocks lead gains

Sensex, Nifty end higher for fourth session; pharma, metal stocks lead gains
BusinessToday.In
© India Today Group
Sensex, Nifty end higher for fourth session; pharma, metal stocks lead gains
Sensex closed higher for the fourth session today led by gains in pharma and metal stocks. The 30-stock index reclaimed the key 49,500-level by closing 295.94 points higher at 49,502. Nifty jumped 119 points to 14,942.
L&T was the top Sensex gainer, rallying 3.89 per cent, followed by Dr Reddy s, Sun Pharma, NTPC, IndusInd Bank, PowerGrid, ONGC and M&M.
Dr Reddy s share rose after Drugs Controller General of India (DCGI) approved the anti-COVID drug developed by DRDO (Defence Research and Development Organisation) in collaboration with the pharma firm for emergency use. Dr Reddy s Labs share opened with a gain of 3.02% at Rs 5,330. It touched an intraday high of Rs 5,422, rising 4.8%. Later, the share closed 3.01% higher at Rs 5,329 on BSE. ....

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Sensex ends above 49,000; metal stocks touch record highs

The key Indian equity indices closed in the green on Friday with the BSE Sensex settling above the 49,000 mark. Healthy buying was witnessed in metal stocks, with several stocks touching their. ....

Shrikant Chouhan , Tata Steel , National Stock Exchange , Equity Technical Research At Kotak Securities , Executive Vice President , Equity Technical Research , Kotak Securities , Metal Stocks , ஸ்ரீகாந்த் ச Ou கான் , டாடா எஃகு , தேசிய ஸ்டாக் பரிமாற்றம் , பங்கு தொழில்நுட்ப ஆராய்ச்சி இல் கோட்டக் பத்திரங்கள் , நிர்வாகி துணை ப்ரெஸிடெஂட் , பங்கு தொழில்நுட்ப ஆராய்ச்சி , கோட்டக் பத்திரங்கள் ,

Tata Steel shares hit 52-week high after foreign brokerages raise target price

Tata Steel shares hit 52-week high after foreign brokerages raise target price
Moneycontrol
10 minutes ago
© Prince Mathews Thomas
Tata Steel shares hit 52-week high after foreign brokerages raise target price
Tata Steel share price touched a 52-week high of Rs 1,146.60, rising 4 percent in early trade on May 7 after foreign broking houses raised the target price post announcement of March quarter earnings.
In the previous session, the share ended at Rs 1,100.55, up Rs 31.60, or 2.96 percent on the BSE after the company turned profitable in the quarter ended March 2021.
The company on May 5 posted a consolidated profit of Rs 6,644.1 crore for the quarter ended March 2021 compared to a loss of Rs 1,481.3 crore in the year-ago quarter. ....

Mathews Thomas Tata , Shrikant Chouhan , Tata Steel , Equity Technical Research At Kotak Securities , Prince Mathews Thomas Tata Steel , Executive Vice President , Equity Technical Research , ஸ்ரீகாந்த் ச Ou கான் , டாடா எஃகு , பங்கு தொழில்நுட்ப ஆராய்ச்சி இல் கோட்டக் பத்திரங்கள் , நிர்வாகி துணை ப்ரெஸிடெஂட் , பங்கு தொழில்நுட்ப ஆராய்ச்சி ,

Sensex breaches crucial level of 49,000-mark on extended buying support; Nifty may cross 15,000-15,050 levels in near-term

: Friday, May 7, 2021, 4:39 PM IST
Sensex breaches crucial level of 49,000-mark on extended buying support; Nifty may cross 15,000-15,050 levels in near-term
NSE India
The Nifty-50 managed to climb the wall of worries and has posted weekly gains of 1.3 percent. Indian markets are witnessing wild swings in the face of surging COVID-19 cases that have prompted several states to extend restrictions on movement by 1-2 weeks. The broader markets are seeing very good action due to the result season.
Rusmik Oza, Executive Vice President, Head of Fundamental Research at Kotak Securities, said the NSE MidCap and BSE Small Cap Index have outperformed the Nifty-50 this week. Strong data from the US and China is helping global markets to remain on the higher side. The RBI announced fresh measures this week to support the economy from the second wave of COVID. Support from the central banks in these difficult times is seen positively by the market. Q4 Earnings are coming out b ....

Shrikant Chouhan , Equity Technical Research At Kotak Securities , Executive Vice President , Equity Technical Research , ஸ்ரீகாந்த் ச Ou கான் , பங்கு தொழில்நுட்ப ஆராய்ச்சி இல் கோட்டக் பத்திரங்கள் , நிர்வாகி துணை ப்ரெஸிடெஂட் , பங்கு தொழில்நுட்ப ஆராய்ச்சி ,

Sensex ends above 49,000; metal stocks touch record highs

Sensex ends above 49,000; metal stocks touch record highs
By
IANS
|
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Mumbai: A view of the BSE building in Mumbai, on July 5, 2019. The Union Budget 2019-20 failed to cheer the equity market as the BSE Sensex slumped over 460 points minutes after Finance Minister Nirmala Sitharaman concluded her speech. At 1.28 p.m., . Image Source: IANS News
Mumbai, May 7 : The key Indian equity indices closed in the green on Friday with the BSE Sensex settling above the 49,000 mark.
Healthy buying was witnessed in metal stocks, with several stocks touching their all-time high levels.
Shares of Tata Steel touched a 52-week high of Rs 1,192 and SAIL stock touched a 52-week high of Rs 145.85 per share. ....

Shrikant Chouhan , Tata Steel , National Stock Exchange , Equity Technical Research At Kotak Securities , Executive Vice President , Equity Technical Research , Kotak Securities , ஸ்ரீகாந்த் ச Ou கான் , டாடா எஃகு , தேசிய ஸ்டாக் பரிமாற்றம் , பங்கு தொழில்நுட்ப ஆராய்ச்சி இல் கோட்டக் பத்திரங்கள் , நிர்வாகி துணை ப்ரெஸிடெஂட் , பங்கு தொழில்நுட்ப ஆராய்ச்சி , கோட்டக் பத்திரங்கள் ,