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Indian Markets Witness Targeted Stock Swings Amid Q4 Earnings and Regulatory Actions

Investors shift focus to earnings-driven gains, credit upgrades, and corporate moves as indices remain subdued.

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Overview

  • BSE Sensex opened below 81,000 on May 1, reflecting broader index volatility and mixed global cues.
  • Fitch upgraded Shriram Finance's credit rating to BB+, driving a 3% rise in its stock price.
  • Cochin Shipyard shares surged over 13% in pre-result buying, with Q4 results set for May 15.
  • Raymond's Realty demerger led to a 66% drop in its stock price, as shareholders await Realty's listing by September.
  • SEBI's ban on Gensol promoters caused two consecutive upper circuits after a 90% stock plunge over two months.