Among sectoral indices, only
one index ended the day in red, with Nifty Media, Nifty Metal, and Nifty Realty rising 2.26 per cent, 1.17 per cent, and 1.1 per
cent, respectively.In the broader market, the S&P BSE MidCap index
rose 37 points, or 0.27 per cent, to finish the day at 14,155, while the
S&P BSE SmallCap index climbed 35 points, or 0.25 per cent, at 13,817. Volatility
index which is already near 4-year high is trading is expected to surge further
as we head towards May 23. It is when stocks which are trading at a premium
could face some pressure Volatility to stay till
May 23, avoid leverage play.Technical
View: Nifty forms bullish candle; short Nifty if it goes below 11,100.BUZZING STOCKS
Bajaj Finance shares rose 3.64 per cent at Rs 3,111.80 on the BSE after reporting its January-March quarter earnings (Q4FY19) today. Lupin shares dipped 6 per cent to Rs 736 on Thursday before making a recovery to end the day 0.22 per cent lower at Rs 781.35, on the BSE, after the drug company reported lower-than-expected net profit of Rs 290 crore for March quarter (Q4FY19). Analysts, on an average, had expected profit of Rs 455 crore for the quarter.
Bajaj Finance shares rose 3.64 per cent at Rs 3,111.80 on the BSE after reporting its January-March quarter earnings (Q4FY19) today. Lupin shares dipped 6 per cent to Rs 736 on Thursday before making a recovery to end the day 0.22 per cent lower at Rs 781.35, on the BSE, after the drug company reported lower-than-expected net profit of Rs 290 crore for March quarter (Q4FY19). Analysts, on an average, had expected profit of Rs 455 crore for the quarter.
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