Indian stock markets surged on Monday, with Sensex and Nifty extending gains for a fourth straight session. Heavy rainfall revived monsoon hopes, while foreign investors turned net buyers, boosting investor confidence. Infosys led the gains, though some stocks like IndiGo saw declines. The market anticipates Q1 results, with financials and autos expected to perform well, while IT may report subdued figures.
Vedanta Oil & Gas, Vedanta Iron & Steel, Vedanta Power shares crash up to 8% post Q1 updates; Vedanta Aluminium rises
Shares of Vedanta’s recently demerged entities traded mixed after their Q1 business updates. Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power fell