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Covesting Technologies Pvt Ltd

15th May · SEBI-Registered Analyst

Important pre-market news today! - 📈 Indian Markets Rally Sensex surged ~790 points; Nifty 50 closed near 23,700 amid strong metal, pharma, and bank buying. - 🏭 Steel & Auto Earnings Boost JSW Steel Q4 profit soared 989% YoY; Tata Motors PV revenue up 43% but profit fell 71%. - 💊 Sectoral Moves: Pharma and IT Nifty Pharma rallied 2.73% while Nifty IT declined nearly 2%, showing sector rotation. - 💰 Strong Q4 Results in Finance Muthoot Finance profit up 135% YoY; HUDCO’s net profit jumped 172% with dividend announced. - 🌏 Global Cues & Commodities Gold, silver slipped on strong dollar; US-China trade talks and AI tech (Nvidia, Cisco) lift Wall Street.

#Pre-OpeningCommentary
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