The broader Indices have closed nearly at the day’s high while Nifty closed above the 18,000-level.

The company is experiencing a good flow of new inquiries and is correspondingly doing good product development, which is converting into LoIs and pilot orders, expresses Akshay S Pitti, Vice-Chairman and Managing Director, Pitti Engineering Ltd. 

The company expects significant traction in plastic moulding in the consumer durables space in washing machines, room air conditioners, refrigerators, ceiling fans and sanitaryware products, asserts Vikas Gupta, Managing Director (Operations) at PG Electroplast Ltd 

 Lupin, IGL and JSPL have been delivering positive returns since the market opened. 

Keep a watch on these stocks as well as on their volumes for potential breakout and consider hopping in for decent profits!  

For India to become a USD 5 trillion economy by 2025, a climate-motivated push for a new energy transition in the domestic market is the only key, affirms Anmol Singh Jaggi, Managing Director, Gensol Engineering Ltd

BSE Bankex and BSE Finance sector showed extraordinary returns of 4.68 per cent & 3.04 per cent, respectively. The big good news today is that HDFC Ltd has got board approval to merge with HDFC Bank. Around 42 shares of HDFC Bank will be allocated for every 25 shares of HDFC Ltd. Exports touched a record high of $ 418 billion dollars in March, up by 14.53 per cent on a year-on-year basis. The unemployment rate is seen falling to 7.5 per cent in India, showing that the economy is getting back on track after COVID-19 hit two years ago. The buyers predominantly outnumbered sellers to show positivity in the market. On BSE, 2,484 shares rose while 728 shares fell. The FII bought shares worth Rs 1,909.78 crore and the DII had sold shares worth Rs 183.79 crore on April 01. 

At 11.15 am on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading in the green on the back of the latest merger between HDFC Ltd and HDFC Bank. 

Global markets are observing progress in Russia-Ukraine negotiations and are expecting a gradual return to normalcy. Despite mixed global cues, the Indian indices opened on a positive note with Nifty trading above the 18,000 mark since January 19, 2022. Catching the attention was the merger announced by HDFC and HDFC Bank, which will be one of the biggest mergers in the corporate world.

During the pre-opening session, while S&P BSE Sensex marginally gained 0.82 per cent, the stocks listed below showed an impressive surge.