BSNL to Receive Rs 89,047 Crore Revival Package; FMCG Giant Britannia(+3.99%) hits new-high

Government Approves Kharif Crops MSP Increase: Impetus to Agricultural Sector

Market Summary

Closing Bell: Nifty above 18700, BANKNIFTY above 44200 weekly expiry tomorrow, Sensex gains 300 pts, Reality, Metal and FMCG rally.

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Companies

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Sectors

Britannia(+3.99%) Industries Reports Impressive Q4 Results, Net Profit Rises 47.53%, Stock Up 16% Since March.🚀

Rally in Oil and Gas Stocks Driven by Strong Buying in OMCs like HPCL, BPCL, and IOC.📈

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Market News

Suzlon Energy(+18.44%) Soars to New 52-Week High, Registers 29% Gains in 3 Days.🚀

Major Boost for BSNL: Cabinet Committee Approves Rs 89,047 Crore Revival Package; Receives Spectrum Allotment Approval, Step towards 4G/5G Services.💰

Auto Majors Hit 52-Week High: Tata Motors, Bajaj Auto, M&M, TVS Motor.🚀

Strong Recovery: India's Market Cap Hits $3.50 Trillion, Highest Since December 2022.📈

Adani Group Injects ₹14,000-16,000 Crore into Reviving Mundra Petrochem Ltd.💰

HDFC(+0.50%) Ltd's Assets Under Management Surpass ₹7.2 Trillion, Up 11% YoY.📈

Wipro's(+0.71%) Share Buyback Announcement: Historical Trends Suggest Market Correction.📉

RBI's Monetary Policy Meeting in Progress: Rate Decision Awaited Tomorrow.🧾

Simple One Electric Scooter by Simple Energy EV Now Available for Delivery Across India.🛵

Infosys(+0.78%) CEO Salil Parekh's Compensation Drops by 21% in FY23.💰

TCS(+1.32%) Top Executives Witness 120% Salary Surge in Three Years, Former CEO Takes Home Rs 30 Cr in FY23.💰

IKIO Lighting IPO Subscribed 2.43 Times on Day 2: Strong Retail and NII Participation.🧾