Wall Street's main indexes opened higher on Monday following heavy losses last week, as investors remained optimistic about soft landing prospects for the U.S. economy ahead of a crucial inflation report later in the week. The Dow Jones Industrial Average rose 209.7 points, or 0.52%, at the open to 40555.11. The S&P 500 rose 33.6 points, or 0.62%, at the open to 5442.07.
Open FlipKrishna Defence and Allied Industries Ltd has secured a significant order for the supply of Special Steel Products for a critical platform from Larsen & Toubro Ltd for Special Steel Products. This order is valued at approximately Rs 104 crore (exclusive of taxes). The stock has generated an impressive multibagger return of around 160 per cent in just 1 year.
Open Flip📌The top gainers in the Nifty index included Hindustan Unilever (up 2.92%), Shriram Finance (up 2.47%), ICICI Bank (up 2.22%), ITC (up 2.00%), and Britannia Industries (up 1.64%). 📌Conversely, the top losers were Oil & Natural Gas Corporation (down 3.21%), Tech Mahindra (down 2.71%), Hindalco Industries (down 1.28%), NTPC (down 1.25%), and Bharat Petroleum Corporation (down 1.24%).
Open Flip