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Stock Market Today: Nifty, Sensex Rebound As Bulls Fight Back; FMCG, Consumption Sectors Rally

On weekly basis, the NSE Nifty 50 and BSE Sensex erased gains from the previous week.

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Investors shift their focus to earnings scheduled to be released in Friday's session. BEML Ltd., Ashok Leyland Ltd., Ramco Industries Ltd. released their fourth quarter numbers.
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Nifty, Sensex Erase All Weekly Gains 

The NSE Nifty 50 and BSE Sensex declined 0.67% and 0.74% down, respectively in the week ended on May 23.

Stock Market Today: Nifty, Sensex Rebound As Bulls Fight Back; FMCG, Consumption Sectors Rally

Stock Market Close Today: Nifty, Sensex Rebound As Bulls Fight Back; FMCG, Consumption Sectors Rally

  • Nifty and Sensex end 1% higher for the day,

  • Eternal and HDFC Life Insurance are the top gainers in Nifty.

  • Nifty Midcap 150 end 0.5% higher for the day, Led by BSE and Max Financial Services.

  • Nifty smallcap 250 jumps 0.5% for the day, led by Honasa Consumer and IFCI.

  • Nifty FMCG emerged as top sectoral gainer for the day, Led by Varun Beverages and ITC.

  • All sectoral Indices ended Higher except Nifty Pharma.

  • Nifty Media ended higher for the third day in a row.

  • Nifty Pharma falls for the second day in a row.

Stock Market Today: Nifty, Sensex Rebound As Bulls Fight Back; FMCG, Consumption Sectors Rally

Stock Market Live: Ashok Leyland Share Price Swings Post Q4 Earnings 

Ashok Leyland Q4 Highlights (Standalone, YoY)

  • Revenue up 5.7% to Rs 11,906.71 crore versus Rs 11,266.69 crore.

  • Net Profit up 38% to Rs 1,245.87 crore versus Rs 900.41 crore.

  • Ebitda up 12% to Rs 1,790.96 crore versus Rs 1,592.11 crore.

  • Margin at 15.0% versus 14.1%.

  • Approves issue of bonus shares in the ratio of 1:1.

Stock Market Today: Nifty, Sensex Rebound As Bulls Fight Back; FMCG, Consumption Sectors Rally

Stock Market Today: Apollo Micro Systems Share Price Falls Nearly 10%

Apollo Micro Systems Q4 Highlights (Consolidated, YoY)

  • Net Profit rises 8.2% to Rs 14 crore versus Rs 13 crore.

  • Revenue rises 19.4% to Rs 162 crore versus Rs 135 crore.

  • Ebitda rises 25.2% to Rs 36 crore versus Rs 28.7 crore.

  • Margin at 22.2% versus 21.2%.

Stock Market Today: Nifty, Sensex Rebound As Bulls Fight Back; FMCG, Consumption Sectors Rally

Stock Market Today: Ramco Industries Share Price Falls Over 3% As Q4 Net Profit Slips 

Ramco lndustries Q4 Highlights (Consolidated, YoY)

  • Revenue up 14.7% to Rs 418.66 crore versus Rs 364.91 crore.

  • Net Profit down 18% to Rs 35.71 crore versus Rs 43.81 crore.

  • Ebitda up 10% to Rs 43.83 crore versus Rs 39.83 crore.

  • Margin at 10.5% versus 10.9%.

Track live updates on Q4 earnings here.

Stock Market Today: Nifty, Sensex Rebound As Bulls Fight Back; FMCG, Consumption Sectors Rally









































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