Top 5 stocks of the day: Adani Enterprises, Adani Ports, Britannia, Nestle, and Wipro led the Nifty stock index, each gaining more than 2.5%. Axis Bank fell 2.4% after reporting poor profits. JSW Steel, Titan, and ONGC were also among the losers in today's session. Following a strong finish on Wall Street, Asian stocks gained solidly on Friday, with renewed investor confidence and strong earnings from major industry players driving shares higher.
BSE IT Top Stock Gainers
Company
CMP
Chg(%)
Volume
Sasken Tech
906.00
4.6
920
Cressanda Sol
24.49
4.43
918.59k
COFORGE LTD.
4,216.05
4.09
9.21k
Kellton Tech
61.26
3.76
78.69k
Wipro
386.40
3.22
227.80k
Persistent
4,726.60
3.11
11.23k
Digispice Tech
19.94
2.84
104
Oracle Fin Serv
3,578.50
2.33
1.62k
Birlasoft
277.50
2.3
56.87k
LTIMindtree
4,418.85
2.28
24.50k
Gold set for monthly gain on economic woes, softer dollar
On Friday, gold prices were poised for a second monthly rise as persisting economic fears and a lower dollar led investors to the safe-haven metal, with markets increasingly focusing on the Federal Reserve's meeting next month. By 0310 GMT, spot gold was holding steady at $1,989.50 per ounce, on track for a 1.1% monthly gain. Gold futures in the United States were unchanged at $1,999.00 per ounce.
Top 5 stocks of the day: CSB Bank Q4 earnings
CSB Bank reported a net profit of Rs 156.3 crore in the fourth quarter, representing a 19.6 percent increase year on year. Net interest income increased 14.8% year on year to Rs348.5 crore in the March quarter, up from Rs304 crore the previous year.
Gross non-performing assets (NPAs) fell to 1.26 percent in the third quarter, down from 1.45 percent the previous quarter. Net NPAs fell sequentially to 0.35 percent in Q4 from 0.42 percent in Q3.
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