Our objectives are to grow our customer base, grow revenues, and increase profitability; states Prakarsh Gagdani, CEO, 5paisa Capital Ltd. 

For the second consecutive session in the week, the equity markets traded in green and ended the trading session on a cheering note. Towards the end of the trading session, all Sensex stocks were trading higher with Tata Steel, ITC, Reliance Industries, Maruti Suzuki, and ICICI Bank being the top gainers. Sensex settled higher by 1,344 points or 2.54 per cent at 54,318.47 level while Nifty climbed 417 points to end at 16,259.30 level. 

BSE Smallcap index climbed 2.78 per cent to close at 54,318.47.

In April 2022, India's wholesale pricing index (WPI) inflation rate was 15.08 per cent, up from 10.74 per cent in April 2021.

The net profit of Fredun Pharmaceuticals soared 214.34 per cent to Rs 6.33 crore.

Larsen & Toubro Infotech, a global technology consulting and digital solutions company is expanding its global partnership with Google Cloud. LTI is setting up a dedicated Business Unit for Google Cloud’s six key solution pillars: Application Modernization, Data Management, Infrastructure Modernization, Smart Analytics, Artificial Intelligence, and Security.

AJR Infra and Tolling Ltd, AMJ Land Holdings Ltd, and Coal India Ltd are today’s mid-day movers.

At 12.30 pm on Tuesday, the core equity indices i.e., Sensex and Nifty 50 were trading  higher owing to mixed global cues and a tech rally in the global markets. 

As it's turning out to be a fantastic day for domestic indices, markets continue to have an overall bearish tone, and buying businesses with great fundamentals at lower valuations makes sense. Continue reading to learn more about such stocks.

Sensex moved ahead of the 53,500 barrier early in the day while Nifty 50 broke the resistance level of 16,000. The volatility is higher as investors remain cautious, owing to inflation concerns, a dull economic outlook, a rise in Brent crude oil prices, and the Chinese lockdown.