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Bloomberg Quint
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Stock Market Today: All You Need To Know Going Into Trade On May 19
- The Indian benchmark equity indices closed lower on Friday after two days of rallying, with the NSE Nifty 50 and BSE Sensex ending lower.
- Foreign portfolio investors were net buyers of Indian equities, while domestic institutional investors turned net buyers after a day of selling.
- Various companies released their earnings reports, like Indraprastha Medical Corp., Kalpataru Projects International, and others.
- Stocks in the news include JSW Steel, Newgen Software Technologies, Paradeep Phosphates, GlaxoSmithKline Pharmaceuticals, among others.
- Key events include Ashok Leyland's dividend payment, NBCC's successful sale of residential units, and Yes Bank facing a monetary penalty.
- Insider pledge actions involved Mastek Ltd. and Navin Fluorine International Ltd., while trading tweaks included price band changes for various stocks.
- In the money market update, the rupee strengthened slightly against the US dollar to close at 85.52.
- F&O cues indicated minor changes in Nifty futures and options, with specific securities in the ban period.
- Overall, the stock market overview highlighted various company earnings, significant corporate actions, and market performance updates.
- LIVE TV, Stock Market Updates, Business News, and more are available on NDTV Profit for detailed information.
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