π Market Watch: Titan, SBI, Ola Electric and more in focus
Indian markets closed lower on Friday due to mixed global cues and rising crude oil prices. Key stocks like Titan, SBI, Ola Electric, Astra Microwave, and Hindalco were in focus because of various news and first quarter results. Titan saw a 63% YoY profit growth to Rs 1,777 crore, while SBI posted a 10% YoY net profit growth of Rs 21,121 crore. Ola Electric narrowed its loss to Rs 336 crore in Q1, and Hindalco recorded a record Rs 7,013 crore net profit. Analysts maintain a positive outlook for Nifty if it stays above the 24,350 support level.