Top 5 stocks of the day: Positive factors for the shift in the Nifty 50 Index included Hindustan Unilever Ltd., Asain Paints Ltd., HDFC Ltd., Adani Enterprises Ltd., and ICICI Bank Ltd. While Dr. Reddy’s Laboratories Ltd., ITC Ltd., Larsen & Toubro Ltd., Reliance Industries Ltd., and Infosys Ltd. contributed negatively to the change.
NIFTY 500 Top Stock Gainers
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| TeamLease Ser. | 2,256.85 | 8.78 | 254.67k |
| Sanofi India | 6,201.05 | 8.78 | 620.55k |
| Chola Fin Hold | 770.00 | 7.33 | 705.30k |
| Ratnamani Metal | 2,398.25 | 7.08 | 721.09k |
| Transport Corp | 672.90 | 6.22 | 580.84k |
| Vodafone Idea | 7.15 | 5.93 | 183.99m |
| Quess Corp | 389.15 | 5.58 | 2.79m |
| Gujarat Gas | 487.90 | 5.41 | 9.40m |
| Suprajit Eng | 402.70 | 5.24 | 1.14m |
| Ceat | 1,819.05 | 5.12 | 890.52k |
Equity inflows crash 70% MoM to Rs 6,480 crore in April, stay in positive zone for 26 straight month
Inflows into open-ended equity mutual funds slumped 70 percent to Rs 6,480.29 in April as investors took some profits of the table amid rise in the equity markets, data released by the Association of Mutual Funds in India (AMFI) showed on May 11. Equity inflows have now remained in the positive zone for 26 straight months, starting with March 2021. In March, net inflows into equity funds had jumped 31 percent to Rs 20,534.21 crore, a one-year high then. March equity inflows had stood at Rs 15,685.57 crore.
Top 5 stocks of the day: Godrej Consumer Products gains on Q4 numbers, analysts say turnaround story is fully underway
Godrej Consumer Products shares gained over 2 percent on May 11, as investors cheered the FMCG company’s volume-led revenue growth for the March quarter. The company on May 10 reported a 24.5 percent year-on-year (YoY) growth in consolidated profit at Rs 452.1 crore for the quarter ended March 31, 2022. Consolidated revenue for the period grew by 10 percent YoY to Rs 3,200.2 crore in Q4FY23 with volume growth of 6 percent. The company’s margins also expanded to 20 percent from 16 percent in the year-ago period.
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