Pharmaceutical giant Sun Pharma witnessed a decline in its share price, shedding 2% amidst broader market pessimism, reflecting sector-specific challenges or investor concerns regarding the company’s performance or industry dynamics.
The company's net profit more than doubled in the March quarter, soaring by 140% to Rs 3.47 crore, while sales stood at Rs 114.60 crore. For the full financial year 2023-24, the net profit surged by nearly 70% to Rs 4.88 crore.
The Eid-uL-Fitr and Ram Navami holidays will be observed on April 11 and 17, 2024. Meanwhile, the Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade.
Investors are closely monitoring the market dynamics and key developments to assess the trajectory of the stock market throughout the trading day. The positive start augurs well for market participants, with hopes of continued bullish momentum in the trading sessions ahead.
According to market experts, buying in IT stocks contributed the most to the market rally in early trade.
The 30-share BSE Sensex jumped 494.28 points to settle at a new closing peak of 74,742.50. The NSE Nifty climbed 152.60 points to 22,666.30. Meanwhile, The rupee settled on a flat note on Monday at 83.31 against the US dollar.
The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 while the NSE Nifty climbed 79.6 points to 22,593 in early trade.
The 30-share BSE Sensex jumped 350.81 points to settle at its lifetime high of 74,227.63. Meanwhile, the broader NSE Nifty also hit its fresh peak of 22,514.65, gaining 80 points.
In the previous trading session on Monday, the BSE Sensex had recorded a notable increase of 363 points, closing at 74,014. Similarly, the NSE Nifty50 also ended positively, reaching 22,462, up by 135 points.
The 30-share BSE Sensex advanced 342.48 points to 73,338.79 in early trade, extending its previous day's gain. The Nifty climbed 96.25 points to 22,219.90.
In the early trade, the 30-share BSE Sensex declined 413.36 points to 72,227.83. Meanwhile, the NSE Nifty skidded 86.8 points to 21,925.15.
On the Sensex, stocks of NTPC, PowerGrid, Tata Steel, IndusInd Bank, and Tata Motors witnessed significant gains, while Airtel, ICICI Bank, Maruti, and Asian Paints ended in the red.
Riding on the positive global cues, the 30-share BSE Sensex surged 595.02 points to 72,696.71. Meanwhile, the NSE Nifty climbed 181.85 points to 22,020.95.
Stock market: Despite external factors and global market conditions, Indian equities demonstrate stability and resilience, providing investors with confidence in the market's long-term prospects.
In the early trade, the 30-share BSE Sensex rebounded 237.36 points to 72,249.41. Meanwhile, the Nifty climbed 74.25 points to 21,891.70.
In the early trade, the 30-share BSE Sensex declined 314.56 points to 72,782.72. Meanwhile, the NSE Nifty dropped 101.65 points to 22,045.
The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044.
In the early trade, the 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning. Meanwhile, the NSE Nifty dropped 101.65 points to 22,045.
In the early trade, the 30-share BSE Sensex fell 264.7 points to 72,497.19. Meanwhile, the Nifty declined 80.2 points to 21,917.50.
The 30-share BSE Sensex climbed 384.79 points to 74,052.75 in early trade. Meanwhile, the Nifty advanced 111.05 points to 22,446.75.
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