The demand for bead wire is expected to rise even further, driven by the replacement market, exports, and timely capacity expansion; asserts Yashovardhan Chordia, Director, Rajratan Thai Wire Co Ltd. Rajratan Global Wire is based in India as well as Thailand. In Thailand, the company is operating as Rajratan Thai Wire Co Ltd. 

We believe that the MF industry would benefit from increased penetration and continue to see similar growth going forward, expresses Rakesh Rawal, CEO - Anand Rathi Wealth Limited.

BSE Smallcap index was attacked by bears and plunged 2.23 per cent to close at 25,495.92.

This fall has come after a rise of 243 per cent  in the index since the start of 2020 till the end of 2021. 

On Wednesday, the benchmark indices ended in the red. At the time of market closing, Sensex slid 276.46 points or 0.51 per cent to end at the 54,088.39 level while Nifty was down by 72.90 points or 0.45 per cent at 16,167. 

The banking and realty sector lend support to the market today as most other sectors close in red territory. At the closing bell on May 11, the Sensex gave up 276 points or 0.5 per cent to close at 54,088.39, while the Nifty index lost 73 points or 0.5 per cent to settle at 16,167.10. Kalyan Jewellers, Gujarat Ambuja Exports and V.I.P. Industries witnessed positive action in today’s session.  

Maruti Suzuki India Ltd informed the exchange about consolidated financial results issued by Suzuki Motor Corporation in Japan.

During mid-afternoon trade, the domestic equities came close to a flat line, shrinking major cuts. All sectors closed in the red with the exception of finance, bankex, oil & gas, and realty. On Wednesday, the European stocks were up across the board while Asian markets were mainly up. In Europe, German inflation hit 7.4 per cent in April, the highest level since 1981.  

Markets have been trending down in April 2022, and the consequence may be seen in net inflows for the month. Continue reading to know more.

Indices witnessed a splendid recovery towards the end and Nifty recovered about 180 points to close at 16,167.10.