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Share Market Highlights 7 May, 2024: Sensex and Nifty close lower amidst sectoral weakness; FMCG stocks gain over 2%

Share Market Highlights 7 May, 2024: Sensex and Nifty close lower amidst sectoral weakness; FMCG stocks gain over 2%
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Godrej Properties records best-ever quarter, annual performance

The companys net profit for the quarter rose 14% on-year to Rs 471 crore and to Rs 725 crore for the financial year 2023-24. The March quarter was the companys highest-ever quarterly sales for the third consecutive quarter with the sale of 5,331 homes with 8.17 million sq ft area sold. ....

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Nifty | Bank Nifty: PSUs to continue decadal rally, buy every dip; top 5 power and realty stocks to bet on: CA Rudramurthy BV

CA Rudramurthy BV predicts Nifty to rise to 23,000-23,200 and Bank Nifty to 50,000 in April. He recommends buying on dips, especially emphasizing opportunities in public sector enterprises, power stocks, and specific companies in the real estate sector. He further says: " Trent is a buy on every dip or at any price and hold it in your portfolio." ....

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