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Markets extended their winning streak on Friday, supported by encouraging quarterly business updates. Nifty strengthened its bullish structure by surpassing the 200-day EMA, positioning for further gains. ITC reported a net profit drop while revenue rose, and Maruti Suzuki saw a net profit decline. Sun Pharma reported net profit growth, and PNB has no immediate plans to monetize subsidiaries.
Stocks in news: Maruti Suzuki, ITC, ZEE, Persistent Systems, and Muthoot Finance
Impact Score
Market Sentiment
→NeutralPrimary Sectors
Markets extended their winning streak on Friday, supported by encouraging quarterly business updates. Nifty strengthened its bullish structure by surpassing the 200-day EMA, positioning for further gains. ITC reported a net profit drop while revenue rose, and Maruti Suzuki saw a net profit decline. Sun Pharma reported net profit growth, and PNB has no immediate plans to monetize subsidiaries.
Key Highlights
Markets extended their winning streak on Friday, supported by encouraging quarterly business updates.
Nifty strengthened its bullish structure by surpassing the 200-day EMA, positioning for further gains.
ITC reported a net profit drop while revenue rose, and Maruti Suzuki saw a net profit decline.
Source
Economic Times
Published
3h ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
What this means
No linked events found.