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Top gainer: Power Grid :315 ▲ 13 (+4.3%)
Top losers: Kotak Mahindra Bank : 1580 ▼ 43 (-2.7%)
Kotak Mahindra Bank remains top loser in NIFTY 50
Shares of Kotak Mahindra Bank fell 4% on Thursday, reacting to the key exit of Joint MD KVS Manian on Tuesday April 30. This development comes immediately after RBI imposed restrictions on the Bank.
REC Jumps to fresh lifetime high on robust results
REC ltd jumped 9% on Thursday after the company announced robust Q4 results as the company posted net profit ₹4,079 crore in the March quarter of FY24 as against ₹3,000.91 crore in the same quarter last year
Indiamart intermesh jumps 8% on record revenue numbers
Indiamart Intermesh shares zoomed 9.10% to trade at ₹2,884.60 over its previous close of ₹2,643.90. Today, the intraday high and low of Indiamart Intermesh was ₹2,890 and ₹2,702, respectively. The stock rallied on the back of strong financial performance for the quarter ending on March 31, 2024, with a 78.04% YoY rise in the net profit.
HPCL, BPCL & Indian oil rise as Brent crude oil prices fall
Oil marketing companies like BPCL, HPCL & Indian oil corporation shares rise as Brent crude oil prices fall to $83 per barrel in the international markets. The crude oil prices globally fell largely due to easing tensions in the middle east wars, higher crude oil inventories in the US.