On Thursday, May 15, the fourth trading day of the week, the Sensex closed at 82,531, up 1200 points (1.48%). It recovered 1769 points from the day’s low. Nifty also rose 395 points (1.6%), closing at 25,062. It recovered 568 from the day’s low. Nifty crossed the 25,000 level for the first time after October 17. Out of 30 Sensex stocks, 29 were up. Tata Motors closed up 4.16%, HCL Tech 3.37%, Zomato 2.22%, Adani Ports 2.19% and Asian Paints 2.07%. IndusInd Bank shares fell marginally. 49 out of 50 Nifty stocks rose. NSE’s Nifty Auto index closed up 1.92%, Realty 1.92%, Metal 1.74%, Media 1.59% and IT 1.16%. 2 reasons for the rise in the market Decline in Asian markets, rise in US Domestic investors made purchases worth ? 19,780 crore in May Segility India’s profit increased by 127% in the fourth quarter Meanwhile, Segility India Limited has earned a net profit (consolidated net profit) of Rs 182 crore in the fourth quarter of the financial year 2024-25. It has increased by 127% on an annual basis. The company’s profit in the same quarter a year ago was Rs 80 crore. The company’s revenue from operations increased by 22% to Rs 1,568 crore. Segility had generated a revenue of Rs 1,283 crore in the same quarter a year ago. Yesterday the market rose by about 200 points. On the third trading day of the week, Wednesday, May 14, the stock market was bullish. The Sensex closed at 81,331, up 182 points. Nifty also rose by 89 points. It closed at 24,667. Tata Steel shares closed up 3.95%, Tech Mahindra 2.26% and Zomato 2.20%. A total of 6 stocks, including Maruti and Infosys, rose up to 2%. Whereas, Tata Motors, Asian Paints and Kotak Bank fell up to 1.7%. Out of 50 Nifty stocks, 39 were bullish. The highest gains were seen in the metal sector at 2.46%, realty at 1.70%, IT at 1.34%, media at 1.27%, oil and gas at 1.22% and auto at 0.82%. ————————————– Read this market related news too… Gold price falls by ?2,375 to ?91,484: Silver also gets cheaper by Rs 2,297; See the price of gold and silver according to carat There is a big drop in the price of gold and silver today, i.e. Thursday, 15th May. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has come down by Rs 2,375 to Rs 91,484. Yesterday the price of gold was Rs 93,859 per 10 grams. At the same time, the price of silver has also come down by Rs 2,297 to Rs 94,103. On Wednesday, the price of one kg of silver was Rs 96,400. Earlier, gold had made an all-time high of ?99,100 on 21st April and silver had made an all-time high of ?1,00,934 on 28th March.
