Wednesday, May 11, 2022

EQUITY MARKET REPORT OF 11-05-22

TO GET TRADING TIPS VIA WHATS APP CALL ON 9039000614

There is no hope of getting relief for the investors who have invested money in the stock market. Due to the release in the markets around the world for the last few days, the domestic stock market BSE Sensex and NSE Nifty also remained under pressure. Today on Wednesday also the market started trading in the green zone but turned red by the time it was closed.After the close of trading, the Sensex closed 276.46 points 0.51% down at 54,088.39. Nifty also fell 72.95 points 0.45% to 16,167.
Gujarat Gas share price rose 5% on May 11 after company clocked a 27.6%  year-on-year growth in consolidated profit at Rs 444.4 crore in quarter ended March 2022 despite higher input cost, led by strong topline and operating income. Revenue surged 36.5% to Rs 4,773.4 crore during the same period.
Shares of the country's second largest IT company Infosys fell 3% during trading today. It fell to Rs 1511.55 on BSE, which is its 10-month low. It was trading at Rs 1525.90 with a fall of 1.78% at three o'clock in the afternoon. It has fallen by 14% in the last one month, while the Sensex has fallen by 9&  during this period. The stock is trading at the lowest level since June 23, 2021.

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