The only concern is if the Monsoons again get delayed, it raises question over the Kharif output.
In terms of sectors, auto, metal, oil & gas, and power each saw gains of around 1%, while the banking and realty indices closed marginally lower.
March core sector came in lower than expected, but still closed FY24 with 7.51% core sector growth
The tractor maker's standalone net profit surged by 48.75% to ₹277.27 Crore, with a 2.5% rise in revenue from operations to ₹2,320.35 Crore in Q3 FY24 compared to Q3 FY23.
For the fiscal year 2023–2024, the firm announced a dividend of ₹6 per equity share with a face value of ₹2.
Revenue from operations witnessed a notable increase, reaching ₹8,893.99 Crore in the March quarter, marking an 11.65% rise from ₹7,965.98 Crore in the same period last year.
According to the MoU, NYL will subscribe to equity shares of Max Towers Private Limited (MTPL) and Pharmax Corporation Limited (PCL) for approximately ₹565.25 million and ₹347.56 million, respectively.
On May 2, at around 1:15 p.m., M&M's shares were trading higher at ₹2,197 a share, up 1.89% from the previous close on the NSE.
Fed policy statement did not change its 3 rate cut promise, but that is looking increasingly impractical
GE T&D India hopes to provide a complete turnkey solution covering hundreds of OPTCL substations with this project.

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