Indian markets witnessed significant growth in the first month of FY25 with various indices indicating positive trends. Meanwhile, Nifty Microcap 250 and Nifty Smallcap 250 emerged as the best performing indices, exhibiting impressive growth rates of 10.6% and 10.5% respectively, showed Motilal Oswal Asset Management Company report. Additionally, the Nifty Next 50 index showed consistent growth.
Open FlipThe Indian markets closed mixed on Wednesday tracking muted cues. The S&P BSE Sensex shed 45 points while the Nifty50 closed flat.Buying was seen in oil and gas, industrials, public sector, and capital goods stocks while selling was seen in consumer durables, banks, and IT stocks.Stocks in focus include names like Bharat Forge, which rallied more than 13% post results, ABB India closed with gains.
Open FlipThe Office of the Executive Engineer, Government of Maharashtra has declared Patel Engineering Limited (PEL) along with its JV Partner as L1 for a Rs 342.76 crore contract for the works involving the construction of water lifting arrangement work for the first stage from submergence of Jigaon project including civil, mechanical, electrical component & allied works.
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