India now World's 5th Largest Stock Market; NiftyBank Hits Record High

RBI Governor Flags Governance Issues in Banks Despite Guidelines

Market summary

Closing Bell: Nifty around 18600, BANKNIFTY above 44300, Sensex gains 300 pts, consumer durables, metal, financial services rally.🚀

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Companies

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Sectors

RBI Governor Stresses Priority of Depositors Protection and Robust Financial Sector

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Market News

India Surpasses France: Ranks 5th in Global Stock Market with $3.3 Trillion Market Cap.🚀

BHEL's(5.13%) March 2023 Consolidated Net Sales Show 2.05% Increase at Rs 8,226.99 Crore.🚀

Mixed Q4 Earnings for M&M(+3.77%), Brokerages Remain Bullish with 'Outperform' and 'Buy' Ratings.📈

Sun Pharma(-0.15%) Delivers In-Line Q4 Results, Announces All-Cash Deal to Acquire Taro Pharma.💰

Adani Transmission(-2.11%), Adani Total Gas(-4.14%), and Indus Towers(-0.61%) to Exit MSCI Global Standard Index, Max Healthcare Institute, HAL, and Sona BLW Precision Forgings to Join.🧾

CBI Files Case Against Rolls-Royce India and Director Tim Jones Over Hawk Aircraft Deal.🕵️

Federal Bank(+0.12%) Sets Ambitious Plan for QIP, Aims to Raise ₹2,000-3,000 Cr.💰

SEBI Takes Action Against Unregistered Investment Advice Providers, Penalizes Three Individuals. 🕵️

ITC(5.50%) Shares Scale New Heights, Cross Rs 450 Mark.📈

President Joe Biden and Top Republican Kevin McCarthy Reach Tentative Deal to Raise Debt Ceiling, Ending Stalemate.🧾