Despite staying in the weakening quadrant, the Nifty Financial Services sector is seen improving its relative momentum. Besides this, the Midcap 100 and FMCG index continue to remain inside the weakening quadrant. The Consumption index is seen languishing inside the leading quadrant along with the Auto Index. The Energy and the Realty indexes too inside the lagging quadrant but it appears to be sharply improving their relative momentum against the broader markets.
Deepak Nitrite shares jump 4% after Q1FY27 profit jumps 209%, revenue rises 36% YoY
Deepak Nitrite shares climbed over 4% after the company reported a more than threefold jump in June-quarter net profit and strong revenue growth. Investor sentiment