Since the beginning of the financial year 2024, the benchmark has risen over 5%. Indian shares logged their best session in a little over a month on Monday. The stock was among the top Nifty 50 losers. Meanwhile, agri-chemicals maker UPL Ltd (UPLL.NS) lost nearly 3% on reporting a quarterly slide in profit due to a sharp uptick in costs. Global brokerage firm Macquarie initiated coverage with an "outperform" rating ahead of its listing, citing sales outperformance and improved productivity as growth drivers. Mankind Pharma Ltd (MNKI.NS) surged over 31% on its stock market debut. Bank (.NSEBANK) and public sector bank (.NIFTYPSU) indexes also logged 0.2% and 2.75% losses, respectively.Īmong individual stocks, shares of natural gas distribution company Mahanagar Gas Ltd (MGAS.NS) jumped 7.43% on upbeat fourth-quarter profit after tax. Both the indexes had risen over 0.4% during the session.Įight of the 13 major sectoral indexes declined, with the high-weightage financials (.NIFTYFIN) falling 0.15%. ![]() ![]() The Nifty 50 (.NSEI) closed 0.01% higher at 18,265.95, while the S&P BSE Sensex (.BSESN) shed 3 points to end at 61,761.33. BENGALURU, May 9 (Reuters) - Indian shares were little changed on Tuesday, after financials sparked a sharp rise in the previous session, amid a rush of corporate earnings and ahead of key macroeconomic data.
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