Roshni Agarwal, ETMarkets.com
Apr 10, 2023
Indian shares settled marginally higher on Monday, helped by strong quarterly business updates from auto and realty companies, but rising odds of a US Federal Reserve rate hike in May capped gains. The Nifty50 closed up 0.14% at 17,624.05, while Sensex rose 0.02% to 59,846.51. The Nifty and the Sensex have risen nearly 4% over six sessions ending on Monday. Meanwhile, Bank Nifty witnessed some pressure and ended in the red. Here are the stocks in focus on Monday
Image Source: ETMarkets.com
Shares of the auto giant ended 5% higher at Rs 461.05 and were the top gainer in the Nifty pack after the company said it registered strong YoY growth in global JLR sales.
Image Source: ETMarkets.com
After healthy gains in bookings, realty stocks were in momentum, with Nifty Realty ending over 4% higher.
Image Source: iStock
As the realty majors' bookings logged a significant gain of over 50% in FY23, the scrip ended 9% higher at Rs 1227.25.
Image Source: ETMarkets.com
Shares of the financial services entity ended 2.5% higher at Rs 2231.7 even after the company announced that N Ravi Kiran, Head - New Businesses of the company, tendered his resignation.
Image Source: ETMarkets.com
Shares of Credit Access Grameen ended marginally higher at Rs 957.9 on Monday after the company reported a 24% growth in disbursements and client additions in Q4FY23.
Image Source: ETMarkets.com
Thanks For Reading!