MARKET OVERVIEW :
Nifty 50 holds 24,250 ; HCL share price down 2%:
Reliance Industries Share Price Targets Go Up To As High as ₹1,710 Post Q4 Results
RBL Bank Shares In Focus Post Q4 Results; Most Analysts Maintain Cautious Stance Vodafone Idea Shares In Focus As Goldman Sachs Buys Stake In Block Deal Indian benchmark indices Nifty 50 and Sensex opened today’s trade session in the green. Nifty 50 opened at 24,070.25, Sensex has opened at 79,343.63.
The Nifty 50 index opened 2,207.1 points away from its all-time high.
The Sensex index galloped to the 80,000 mark again, thanks to a gain of over 834.59 points or 1.05%.
Meanwhile, in other Asian markets, the Hang Seng was trading in the green with wafer-thin gains of 16.34 points or 0.074%, taking the overall value to 21,997.08.
The ongoing earnings season for the March quarter and the FOMC policy decision on May 7 are the key triggers to watch out for in the May series.
UltraTech Cement, TVS Motor Company, Adani Green Energy, IDBI Bank, Adani Total Gas, Kfin Technologies, PNB Housing Finance, KPIT Tech, UCO Bank are among the companies reporting their quarterly results today.
Reliance Industries, DCB Bank, RBL Bank, IGL, are among the companies reacting to their Q4 results today.
L&T Finance, Force Motors, IDFC First Bank, India Cements, Poonawalla Fincorp, MRPL, IREDA, DCB Bank, Apollo Tyres, Tata Tech, RBL Bank, Lloyds Metals, Mahindra Holidays, are among the other stocks in focus today.
Reliance FMCG Business Is Now As Big As Tata Consumer, Bigger Than Marico And Triple Of Emami
Reliance Consumer Products had higher sales compared to Tata Consumer Products’ India business in the financial year 2025 and Marico. They also sold nearly as much as Dabur and triple that of Emami. Reliance Consumer Brands saw overall sales of ₹11,450 crore,
Nifty 50 At 24,252.00, Reliance, BEL Top Gainers
Reliance, BEL, Dr Reddy’s Laboratories, ICICI Bank, and Trent are the top Nifty 50 gainers.
A total of 38 out of the 50 stocks are trading with gains. Nifty Pharma and Nifty PSU Bank were leading the pack among sectoral indices.
Chola Investments In Focus
IDFC First Bank Analysts Expect Stock To Consolidate In The Near-Term Post Q4 Results, Highlight Key Triggers
Shares of private sector lender IDFC First Bank Ltd. opened 3% lower on Monday, April 28, after the bank reported its March quarter results, which showed credit costs for FY25 were above guidance and earnings below estimates. The FY25 credit cost ratio stood at 2.46%, higher than the guidance of 2.25%.
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