Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50, began Thursday's session with a neutral-to-negative stance on the backdrop of mixed global cues. The Nifty 50 opened at 22,289.75, down 12.75 points, while the Sensex was down 22.35 points. On stocks to buy today, Osho Krishan recommended two stocks - Avenue Supermarts Ltd (DMart), and Nestlé India Ltd.
Open FlipShares of industrial products firm WPIL Ltd. were in demand at Dalal Street on Thursday (May 9) ahead of its board meeting scheduled for May 25, 2024. The stock was trading with gains of 9.8% after the company announced that it would hold a board meeting to consider a final dividend as well as its earnings for the quarter that ended in March 31, 2024.
Open FlipSula Vineyards shares fell 5% on Thursday, May 9, a day after the company reported its quarterly earnings. India's biggest winemaker by revenue, Sula Vineyards reported 4.2% drop in its profit for the fourth quarter as mounting expenses overshadowed its steady demand for premium brands such as Dindori and Rasa. The company's net profit dropped to ₹13.6 crore in the March quarter.
Open Flip