The markets in India traded flat in morning deals today's(1st June 2021) volatile session, with gains in auto stocks being offset by losses in metals.
The S&P BSE Sensex traded around 51,970, up 30 points and the broader Nifty50 index fell below the 15,600-mark. Bajaj Auto (up 2%) was the top Sensex gainer, followed by HDFC, Bajaj Finance, IndusInd Bank, and State Bank of India (all up 1%).
The Nifty sectoral indices were mixed, with the Nifty Auto index, up over 1 percent. leading the gainers.
Seventeen companies, including ITC, Balrampur Chini Mills, Gujarat Gas, and Radico Khaitan are scheduled to release quarterly earnings today.
Analysts expect ITC to post high single-digit revenue growth on a yearly basis during the quarter under review, although the profit after tax (PAT) is expected to fall.