A Rs 2,600 Crore Project to Bring High-Speed Internet to Every Corner of Jammu & Kashmir!

This project is a part of Project Gigabit, the UK government’s flagship £5 billion bringing ultrafast gigabit connectivity to remote areas. Both FIIs and DIIs increased their stake.

On Tuesday, the Sensex dropped by marginal 40 points to close at 57,613.72, while the Nifty 50 dipped by 18 points to close at 16,951.70

BSE Smallcap index outperformed broader markets by climbing 0.88 per cent to close at 26,367.49.

BSE Smallcap index underperformed broader markets, recording losses of 0.73 per cent to close at 26,158.79.

On Thursday around noon, the core equity indices i.e., Sensex and Nifty 50 were trading higher by a per cent each amidst mixed cues in the global markets.  US Stock futures climbed in the overnight trade as the market recovered from its April sell-off and investors reacted favourably to Meta Platforms' profits.  Dow Jones Industrial Average futures rose 70 points or 0.2 per cent. Futures on S&P 500 increased by 0.7 per cent while Nasdaq 100 futures increased by 1.2 per cent.  

At market close today, the core equity indices i.e. Sensex and Nifty 50 were down by 1.25 per cent each. Weaker global cues, the aggressive rate hike confirmation from FED Chairman, and rising bond yield in the US coupled with a volatile rally in technology sector stocks have led to the bloodbath on the bourses yet again.  

Fading the two days’ gaining momentum, the benchmark indices ended in red on Friday. The hawkish statement from the US Fed lowered the sentiment globally including in domestic markets. 

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.  

On Tuesday, the equity markets lowered their momentum as new financial and trade sanctions were imposed on Russia coupled with the suspension of gas imports.