Top 5 stocks of the day: The top Nifty gainers included Grasim Industries, Reliance Industries, Cipla, Sun Pharma, and SBI, while losers included Adani Ports, Power Grid Corp., SBI Life Insurance, M&M, and Tata Motors. Auto, capital goods, power, and real estate all saw declines of 0.5-2 percent, although the pharma index increased by 1%. The BSE smallcap index dropped 1.5 percent, while the midcap index lost 0.4 percent.
Top 5 stocks of the day: Sensex and Nifty
On March 27, despite considerable volatility, benchmark indices closed slightly higher. The Nifty was up 40.70 points or 0.24% at 16,985.70, and the Sensex was up 126.76 points, or 0.22 percent, at 57,653.86. A total of 899 shares rose, 2649 fell, and 138 were unchanged.
Nykaa target price unchanged; 5 exits small compared to company size
Five senior executives of Nykaa recently tendered their resignations, some of which were not totally voluntary and some of which were based on performance reviews. In a report, Jefferies stated that “management emphasised that the overall departure is minimal in the perspective of the firm scale.”
According to reports, the chief commercial operations officer (Manoj Gandhi), the chief business officer (Gopal Asthana), the chief executive officer (Vikas Gupta) of the wholesale business, and two vice presidents of the fashion business have all quit.
Oil gains some ground as investors assess banking crisis, Russia
Oil prices increased on Monday as investors evaluated government efforts to quell concerns about the world banking system, while plans by Russian President Vladimir Putin to station tactical nuclear weapons in Belarus heightened tensions in Europe.
At 0731 GMT, the price of Brent crude futures increased 77 cents, or 1.03%, to $75.76 a barrel. At $70 per barrel, U.S. West Texas Intermediate crude was up 74 cents, or 1.03%. While concerns in the banking sector subsided, WTI recovered 3.8% and Brent increased 2.8% last week.
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