Gainers Losers: 10 stocks that moved the most on May 9

Gainers Losers: 10 stocks that moved the most on May 9

Oil & gas, metal, FMCG, power, realty and PSU Bank indices fell 1-2 percent. BSE midcap and smallcap indices shed nearly 2 percent each.





May 09, 2022 / 04:52 PM IST





Indian benchmark indices ended lower in a volatile session on May 9 amid weak global cues. At close, the Sensex was down 364.91 points or 0.67% at 54,470.67, and the Nifty was down 109.40 points or 0.67% at 16,301.90.





Reliance Industries: CMP: Rs 2,508 | The stock fell over 4 percent on May 9. RIL on May 6 reported a 22.5 percent year-on-year growth in its consolidated net profit to Rs 16,203 crore, which was below expectations of Rs 17,167 crore. The oil-to-telecom conglomerate's consolidated revenue from operations surged 36.8 percent year-on-year to Rs 2.1 lakh crore in line with Street's estimate. The company's board also recommended a dividend of Rs 8 a share for the financial year ended March. Goldman Sachs has kept a buy rating on Reliance Industries, with a target of Rs 3,200 a share, as it sees the company as a unique energy transition story.Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by