Stock Market Opening Bell: Sensex Rallies 0.10%, Nifty 50 Surges 0.07%
Stock Market Opening Bell: While Sensex surged 0.10% to 75260.40 level, Nifty 50 rose 0.7% to 23,671.20 level.
- Republic Business
- 2 min read
Stock Market Opening Bell: The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Friday, tracking gains in global markets, amid hopes of a US-Iran peace deal.
While Sensex surged 0.10% to 75260.40 level, Nifty 50 rose 0.7% to 23,671.20 level.
The Indian benchmark stock market bourses, Nifty 50 and Sensex, are expected to ring in green. on Friday's trading session, following gains in the global market amid hopes of a US-Iran deal that'll put an end to the Middle East crisis.
The trends on Gift Nifty also signal a positive start for the Indian benchmark indices. Gift Nifty was trading nearly 23,657 level, a premium of approximately 26 points from the Nifty futures’ last close.
Advertisement
On Thursday's trading session, the Indian stock market ended lower amid profit booking in selective index heavyweights.
The Sensex declined 0.18% ending at 75,183.36, while the Nifty 50 closed 0.02% lower at 23,654.70.
Advertisement
Stocks In Focus On May 22
Results Today: Sun Pharma, Eicher Motors, Hindalco, Colgate-Palmolive, Info Edge, NTPC Green Energy, Fortis Healthcare, Torrent
Pharma, TVS Electronics, and several other companies are scheduled to announce their Q4 FY26 earnings today, keeping stock-specific action highly active.
GAIL India Q4: GAIL reported a weak quarter as profit declined 38.4% YoY to ₹1,262.2 crore, while revenue slipped 2.6% YoY to ₹34,772.5 crore.
Aurobindo Pharma Q4: Aurobindo Pharma posted a steady performance with profit rising 2% YoY to ₹921.3 crore and revenue increasing 5.6% YoY to ₹8,853.3 crore.
LG Electronics India Q4: LG Electronics India reported an 8.2% decline in profit to ₹692.7 crore despite revenue growing 8.1% YoY to ₹8,053.6 crore.
Nykaa Q4: FSN E-Commerce Ventures (Nykaa) delivered a strong quarter as profit surged 286.5% YoY to ₹78.4 crore, while revenue jumped 28.4% YoY to ₹2,648.2 crore.
Honasa Consumer Q4: Honasa Consumer posted robust growth with profit spiking 177% YoY to ₹69.2 crore and revenue rising 23.1% YoY to ₹657 crore.
Welspun Corp Q4: Welspun Corp reported a sharp 47% drop in profit to ₹370.4 crore despite revenue increasing 9.9% YoY to ₹4,312.6 crore, mainly due to the absence of exceptional gains seen last year.