The benchmark indices wiped out all their opening rally and finished slightly lower on May 21. However, market breadth remained positive, with around 1,711 shares advancing against 1,237 declining shares on the NSE. The market needs a decisive move above the upper end of the 23,300–23,800 range for a fresh leg of rally. Until then, consolidation may continue. Below are some short-term trading id...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, fund-raising, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Results TodaySun Pharmaceutical Industries, Eicher Motors, Hindalco Industries, Colgate Palmolive (India), All Time Plastics, Fortis Healthcare, HG Infra Engineering, Info Ed...

Shares of Grasim Industries rose 5% to an all-time high of Rs 3,116.90 apiece on May 21 to emerge as top Nifty gainer a day after the company announced its March quarter earnings. Brokerages took a bullish stance on the stock due to its improved performance in the paints business. The company narrowed its March quarter net loss, and revenue was sharply above analysts' estimate.The Aditya Birla Gro...

JSW Cement reported a more than ten-fold jump in fourth-quarter profit on May 21, helped by improved demand, following which its shares rose up to 9%.The JSW Group firm posted consolidated net profit of Rs 371 crore for the quarter ended March 31 from Rs 34 crore a year ago.India's demand for cement accelerated 6%-7% year-on-year in January and February due to strong growth but moderated in March,...

Shares of Parle Industries gained nearly 5% for the second straight session on Thursday after hitting the upper circuit in the previous trading session.The stock has come into focus after a viral video featuring Italian Prime Minister Giorgia Meloni and Prime Minister Narendra Modi sparked a social media frenzy around Melody toffees.Despite the rally, Parle Industries has no connection with Melody...