The shares of telecom, realty & autos were in demand while IT, Teck, and FMCG stocks dragged the market down.

Axis Mutual Fund holds nearly 3.56 per cent stake as per the quarter ended March 2022.  

Activity in the F&O market for the weekly expiry on May 19 shows 15000 to act as support now. 

The global and domestic equity markets witnessed a steep decline this week due to concerns over growth expectations amid rising inflation levels. Sensex and Nifty 50 index declined close to 3 per cent each whereas BSE Midcap & BSE Smallcap indices saw a higher correction in the range of 5-6 per cent. Majority of the sectoral indices traded in the red during the week. 

Tata Elxsi Ltd, AU Small Finance Bank Ltd, and Adani Power Ltd witnessed positive action in today’s session. Let’s find out why! 

We continue to strongly focus on winning opportunities in the USA as it is one of the biggest IT markets in the world, emphasizes Mridul Maheshwari, Senior Manager, Corporate Development, InfoBeans Technologies Ltd. 

After a tumultuous session on Friday, the domestic equity indices ended near the day's low. A sharp sell-off in the final hour of the trading session wiped out all profits and pushed global benchmarks down. Sectors that were in green include the auto, FMCG, and pharmaceutical industries while metal, financial services & banking sectors ended in the red.

BSE Smallcap index outperformed broader markets, ending at 25,315.75 with gains of 1.28 per cent.

Tata Motors, Sun Pharma, M&M, ITC and HUL closed higher despite weakness in the market and were the top gainers. 

Poonawala Fincorp, Credit Access Grameen and RBL Bank witnessed positive action in today’s session