Bulls Take Charge in Global Markets; Adani Group Shares Locked in 5% Lower Circuit

Rajasthan Emerges as New Lithium Hub with Higher Reserves than J&K

Market summary

Closing Bell: Nifty above 18200, BANKNIFTY above 43300 on weekly expiry, Sensex gains 700 pts, AUTO, REALTY, BANKS rally.🚀

---

Companies

---

Sectors

Health and Motor Insurance Drive Non-Life Insurance Industry's Strong 16.4% Growth in FY23.

---

Market news

Paytm(+4.88%) shares rise as net loss narrows to Rs 168 crore from Rs 761 crore in Q4FY23.🚀

Adani Total Gas(-5.00%) and Adani Transmission(-5.00%) shares hit lower circuit after MSCI lowers free float.📉

Tata Motors(+4.90%) shares hit 52-week high shares surge 4%.🚀

Exide Industries(+1.93%) Announces Rs 2/Share Dividend, Despite 95.4% YoY Q4FY23 Profit Decline📈

Morgan Stanley's Bullish Outlook on Bajaj Finance(+4.20%) Sparks Rally in Stock Price.🚀

UPL's(+0.08%) Consolidated Net Profit Falls 43% YoY in Q4FY23, at Rs 792 Crore.📈

Indian Bank(-5.00%) Q4 Net Profit Surges 47% to Rs 1,447.3 Crore YoY, NPA Declines to 5.95% in Q4 from 6.53% QoQ.📉

FMCG Giant Britannia's(-0.06%) Q4FY23 Net Profit Surges 47% YoY.📈

MRF(+0.88%) stock hits historic high of 99,933, expected to cross Rs 1 lakh/share mark in future. 📈

ABB India(+2.25%) Shares Touch New 52-Week High on Robust Q1CY23 Earnings.📈

Happiest Minds Tech(+2.70%) Reports Q4FY23 Net Profit of Rs 57.6 Crore, Revenue Up 3.1% QoQ.📈