Lagnam’s quality products and increase in selling price with high global demand attribute to our growth in profit, asserts Anand Mangal, Managing Director, Lagnam Spintex Ltd.

On Monday, the European and Asian markets traded lower at the beginning of the week with key central bank meetings and US inflation prints. The domestic benchmark indices traded lower as offhand global sentiments and rising bond yields undermined the rally in the equities. 

The big news that stirred markets in the previous week was the merger between HDFC and HDFC Bank. The news sent the stock soaring over 11 and 9 per cent, respectively. It is said to be the biggest merger in Indian corporate history, and the entity now commands the highest weight in Nifty.

The Indian markets, mirroring the weakness in their global peers, closed in red on Monday. Veranda Learning Solutions closed at Rs 164.80 on BSE, at a premium of 20.29 per cent compared with the issue price of Rs 137. SMS Lifesciences jumped 11.03 per cent to Rs 876.95. NSE's India VIX, a gauge of market volatility, moved up by 3.29 per cent to 18.27 levels. Meanwhile, the European markets mostly edged lower on Monday.

Adani Green Energy rallied 16.25 per cent in today’s session and closed at Rs 2701.55. The stock touched its upper circuit of 20 per cent at Rs 2788.70 during the closing session

Going ahead, the theme of sector churning and stock-specific outperformance is likely to remain intact and hence, we have come out with a list of stocks that should be on your radar.

Net inflows into equity mutual funds increased 44.45 per cent in March 2022, with multi-cap funds accounting for the majority of the increase. Continue reading to learn more.

The benchmark indices closed lower amid volatility. Nifty closed below the 17,700-mark and is down by 0.62 per cent.

Ambuja Cement, JSW Energy and Tata Power are today's mid-day movers.

At 1 pm on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally lower amidst weak global cues.