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Market Recap for 27 April 2021

Nifty50: 14,653 ▲ 168 (+1.1%)
Sensex: 48,944 ▲ 557 (+1.1%)


The markets opened higher and maintained their upward trajectory throughout the day. The buying interest was broad-based, as 41 of the Nifty50 stocks closed in the green.

All sectoral indices closed in the green too, with the strongest gains seen in the Nifty Metal (+2.7%) and Nifty PSU Bank (+2.3%) indices.

Top gainers Today's change
Hindalco ▲ 5.0%
Tata Steel ▲ 4.3%
Larsen & Tubro ▲ 3.6%

Top losers Today's change
HDFC Life ▼ 3.5%
SBI Life ▼ 1.6%
Maruti ▼ 1.3%

Here are the top stories of the day.

Maruti’s profits contract in Q4


JSPL rises on Jindal Power divestment


HDFC Life sees profit-booking after results


Copper prices rise on demand recovery


Closing bell

The markets found a reason to cheer as the United States pledged its support to India in its fight against the pandemic. Further, the number of new cases dipped from its peak today. The Indian markets even ignored the fact that most international indices were trading in the red and rose for the second day in a row. Further, the momentum is building up as we arrive closer to May 1, when the wider population will be brought under the vaccination drive.


Good to know

What is ESG investing?

Environmental, social and governance (ESG) investing is a strategy of investing in companies that focus on the environmental and social impact and governance issues. Environmental factors under consideration include a company's carbon footprint, chemicals used during manufacturing processes, etc. Social parameters comprise factors such as racial and gender diversity, while factors under governance comprise pay parity and how the leadership interacts with the company's stakeholders, among others. Companies are scored on ESG by independent rating agencies and research firms.


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Disclosures and Disclaimer

Investment in securities markets are subject to market risks; please read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results. Details provided in the above newsletter are for educational purposes and should not be construed as investment advice by RKSV group. Investors should consult their investment advisor before making any investment decision.

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