Key companies like Muthoot Finance and Apollo Hospitals reported strong profits for Q4FY24. Muthoot’s earnings surged 17% due to higher gold prices and regulatory benefits, while Apollo Hospitals saw a 76% profit increase, emphasizing innovation focus. On May 30, benchmark indices fell for the fifth consecutive session, with Sensex and Nifty dropping. Foreign investors sold shares worth Rs 3,050.15 crore, contrasting with domestic buyers. May 31 indicates optimism, with GIFT Nifty futures signaling a higher opening. Investors await Q4FY24 GDP data and adjust portfolios ahead of exit poll releases.
Market Recap: Earnings Highlights and Trends
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