News for Sanmit Infra Limited (SANINFRA.BO)

With a fall of 85%, Sanmit Infra emerged as the top loser on the list; the scrip fell to Rs 14.08 on August 29 from its 52-week high of Rs 90.92

Around 650+ firms including Hindalco Industries, Samvardhana Motherson International, GMR Airports Infrastructure, Hero Motocorp, Apollo Hospitals Enterprises, Muthoot Finance, IRCTC – Indian Railway Catering & Tourism Corp, FSN E-Commerce Ventures Nykaa, SJVN, Max Financial Services, Gujarat Fluorochemicals Limited, Endurance Technologies, Ipca Laboratories will declare their Q1 results today. Find here the full list of companies announcing their earnings on Tuesday.

Stay updated with the latest Q4 earnings reports of top Indian companies like IRCTC, GIC, Aditya Birla Fashion, and more on May 28.

The BSE smallcap index rallied nearly 10%, while the midcap index jumped over 7%. Within the smallcap space, over 500 stocks have delivered double-digit returns with the highest gain (Puravankara) going as high as 86%.

The Indian rupee ended flat at 83.40 against the US dollar in the week ended March 28 against its March 22 closing 83.42.

The Nifty encountered initial resistance near its previous swing high of 22,526. Consequently, to sustain a continued rally, it must surpass the 22,525 level decisively. On the downside, 22,200 could serve as short-term support, says Rupak De, Senior Technical Analyst, LKP Securities.

The Indian rupee fell 54 paise against the dollar in the week ended March 22 as it closed at 83.42 versus the March 15 closing 82.88.

Nifty needs to cross over 22,100 to witness a clear rally towards the all-time high of 22,525, says Rupak De, Senior Technical Analyst, LKP Securities.

The BSE Sensex added 539.50 points, or 0.75 per cent, to 72,641.19, while NSE's Nifty50 surged 172.85 points, or 0.79 per cent, to 22,011.95 for the day.

Analysts bullish on these themes; market watchers cautious about broader markets

As many as 70 smallcap stocks saw a double-digit fall of up to 81% in the current financial year, which is drawing to a close. Of these, 30 stocks have lost more than 20% this year.

In this week, BSE Sensex lost 1,475.96 or 0.99 percent to end at 72,643.43 and Nifty50 shed 470.25 points or 2.09 percent to finish at 22,023.30. The BSE Smallcap index posted its biggest weekly losses since December 2022 as it plunged 6 percent in the week

Foreign institutional investors (FIIs) curtained their selling during the week as they sold equities worth of Rs 816.91 crore, while Domestic institutional investors (DIIs) continued their support as they bought equities worth Rs 14,147.5 crore.

The Indian rupee ended 12 paise higher at 82.78 in the week ended March 7 against the March 1 closing 82.90.

The consolidation is a brief pause in the overall uptrend, and we expect the up move to resume during the coming week, says Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas.

In the Nifty pack, 13 stocks were trading in the green, while 37 stocks were trading in the red.

In the Nifty pack, 25 stocks were trading in the green, while 25 stocks were trading in the red.

In the Nifty pack, 36 stocks closed in the green, while 12 stocks ended in the red.

In the Nifty pack, 43 stocks were trading in the green, while 7 stocks were trading in the red.