Share Market News: 800 Percent Return in 5 Years: Do You Own Shares Of This Toy Manufacturer
GH News June 14, 2024 08:06 PM
Share Market News: The shares of OK Play India Limited were at the level of Rs 15 on November 29 2019 from where investors have got a bumper return of 800 percent. Shares of OK Play India Limited have given multibagger returns to investors in short and long term. On Friday amid the boom in the stock market the shares of OK Play India Limited a manufacturer of toys and educational toys for children riased by almost 9 percent and had touched the level of Rs 14. Meanwhile benchmark equity indices declined in early trade on Friday amid profit-taking after a record rally in the previous day and fresh foreign fund outflows. The 30-share BSE Sensex declined 206.18 points to 76604.72. The NSE Nifty dipped 61.5 points to 23337.40. Among the 30 Sensex companies Tech Mahindra JSW Steel HCL Technologies NTPC Bajaj Finserv Kotak Mahindra Bank Wipro and Tata Consultancy Services were the major laggards. Titan Asian Paints Mahindra & Mahindra and Hindustan Unilever were among the biggest gainers.In Asian markets Seoul quoted higher while Tokyo Shanghai and Hong Kong traded lower. US markets ended on a mixed note on Thursday. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3033 crore on Thursday according to exchange data. In the near-term the market is likely to be range bound since there are no major triggers till the budget said V K Vijayakumar Chief Investment Strategist Geojit Financial Services. Global oil benchmark Brent crude declined o.41 per cent to USD 82.41 a barrel. The BSE benchmark jumped 538.89 points or 0.70 to hit its lifetime peak of 77145.46 on Thursday. It later ended at a fresh record high at 76810.90; up 204.33 points or 0.27 per cent.The Nifty rallied 75.95 points or 0.33 per cent to settle at a new closing high of 23398.90. During the day the benchmark climbed 158.1 points or 0.67 per cent to its record peak of 23481.05. Investors anticipate consolidation amid uncertainties awaiting Indias budget announcement and the US Federal Reserves next rate cut Prashanth Tapse Senior VP (Research) Mehta Equities Ltd said.
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