Mon, May 17, 2021 2:44 PM
Hero MotoCorp restarts production at three plants from today
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✅Indian benchmark indices closed on a bullish note today as the Nifty ended above 22,643.00 📢 At 3:30 PM, the Sensex improved by 937.88 points or 1.27% at 74,668.04, and the Nifty was up 223.45 points or 1.00% at 22,643.40. 📊All the sectoral indices closed on a positive note with Nifty PSU Bank(⬆️2.56%), Nifty Bank (⬆️2.54%), and Nifty Midcap 100 (⬆️0.42% ) experiencing robust buying.
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Shares of Koninklijke Philips N.V. PHG rose sharply in today's pre-market trading after reporting first-quarter results. The company also resolved the respironics personal injury and medical monitoring litigation in the US for $1.1 billion. Koninklijke Philips shares jumped 37.1% to $28.87 in pre-market trading. Here are some other stocks moving in pre-market trading.
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US Fed meet ahead: Even though the market seems to have fairly discounted the possibility of no rate cuts in the near future, all eyes are on the US Fed policy meeting outcome this week to get a cue on what the central bank thinks about the recent macro data on growth and inflation.The FOMC (Federal Open Market Committee) interest rate decision is due on Wednesday, May 1.
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