The US markets rallied on Friday. Foreign Institutional Investors (FIIs) bought equities worth Rs 2,546.38 crore on Friday, according to exchange data.
Shares of Shanti Educational Initiatives Ltd (SEIL) gained on Monday after the company announced its earning reports for the first quarter of the financial year 2024-25. The counter opened at Rs 94.30 on the BSE against the previous close of Rs 90.24. The company has reported a total income of Rs 8.60 crore- a 13.30 per cent increase compared to Rs 7.59 crore in the same quarter a year ago.
On a quarter-on-quarter basis, SEIL experienced an over 200 per cent rise in total income from Rs 2.86 crore in Q4FY24. Similarly, the net profit for the quarter ending June 30 stood at Rs 2.76 crore, an increase of 18.50 per cent from the corresponding period in the previous fiscal year.
Meanwhile, equity market benchmark indices Sensex and Nifty hit their new all-time high levels in early trade on Monday in tandem with a rally in global peers and fresh foreign fund inflows. The 30-share BSE Sensex jumped 416.62 points to hit a new record peak of 81,749.34 in early trade. The NSE Nifty surged 145.6 points to hit a fresh lifetime peak of 24,980.45.
From the Sensex pack, NTPC, State Bank of India, IndusInd Bank, ICICI Bank and UltraTech Cement were among the biggest gainers. Titan, Bharti Airtel, ITC and Tech Mahindra were among the laggards. In Asian markets, Seoul, Tokyo, Shanghai and Hong were quoting in the positive territory.
The US markets rallied on Friday. Foreign Institutional Investors (FIIs) bought equities worth Rs 2,546.38 crore on Friday, according to exchange data.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)