Tag: quarterly results

MARKET UPDATE: Indian markets resumed their uptrend; Sensex gained 238 points, to quote at 52,681 and Nifty at 15,780 levels, up 81 points

Thursday, July 29, 2021
Indian markets resumed their uptrend today (29th July 2021) after three days of a selloff as global mood stabilised post favourable US Fed meet outcome. Besides, reports that the Chinese Securities regulator has stepped in to assuage investor concerns over tech crackdown supported sentiment. The S&P BSE Sensex gained 238 points, or 0.45 percent, to quote at 52,681. levels in early deals, led by HCL Tech, Bharti Airtel, Tech M, Asian Paints, and Titan.It's NSE counterpart Nifty 50, meanwhile, held above the 15,750-mark at 15,780 levels, up 81 points. The BSE Mid- and SmallCap indices too added 0.54 percent and 0.65 percent, respectively. More than 90 companies, including Tech Mahindra, TVS Motors, Future Retail, Lauras Labs, PVR, Raymond, Stove Kraft, and Union Bank will announce their quarterly numbers today.

MARKET UPDATE: Sensex slipped 85 points at 52,752 levels and Nifty tested 15,750-mark, down 49 points

Friday, July 23, 2021
Indian equity markets erased gains and traded 0.3 percent lower in morning deals today(23rd July 2021). After a positive start, the S&P BSE Sensex slipped 85 points at 52,752 levels while the broader Nifty50 tested 15,750-mark, down 49 points. The broader markets, meanwhile, were mixed. Sectorally, all except the Nifty IT and Pharma indices were in the red, led by the Nifty Realty and Bank indices, down 0.5 percent and 0.3 percent, respectively. Forty-one companies, including RIL, JSW Steel, SBI Card, YES Bank, and Federal Bank will report their quarterly numbers today. Analysts expect improvement in RIL's energy margins on the back of a pickup in global demand to support the consolidated performance of Reliance Industries in the first quarter. However, the gains are also expected to be offset by the challenges in the retail and petrochemicals businesses, and a flattish show in telecom.

MARKET UPDATE: Sensex traded at 53,215 levels, up 56 points and Nifty at 15,949 levels, up 25 points

Friday, July 16, 2021
Indian equity markets sustained their uptrend today(16th July 2021) despite the weak global trends and the benchmark indices hitting a new record high in intra-day deals. The S&P BSE Sensex traded at 53,215 levels, up 56 points or 0.11 percent while the Nifty50 was at 15,949 levels, up 25 points. In the intra-day trade, the indices touched new lifetime highs of 53,291 and15,962.25, respectively. The BSE MidCap and SmallCap indices advanced 0.11 percent and 0.38 percent in the broader market, respectively. Read more

MARKET UPDATE:Sensex traded flat around the 53,000-mark and Nifty topped the 15,900-mark

Monday, June 28, 2021
The markets in India traded flat with a positive bias in early deals today (28th June 2021)amid cautious trade in Asian markets. The S&P BSE Sensex traded around the 53,000-mark and the Nifty50 index topped the 15,900-mark. Dr. Reddy's, NTPC, and Asian Paints were the top Sensex gainers, while Titan and TCS were the top drags. Majority of the Nifty sectoral indices traded in the green, led by the Nifty PSU Bank index, up 1.8 percent. The S&P BSE MidCap and SmallCap indices were up 0.1 percent and 0.4 percent in the broader markets, respectively. Dodla Dairy and Krishna Institute of Medical Sciences will list on the bourses today The two IPOs that ran between June 16-18 were subscribed 46 times and 4 times, respectively. Around 300 companies are slated to post their quarterly numbers today including NALCO, Future Lifestyle, Zee Media, GIC Housing Finance, and NLC India. Read more

MARKET UPDATE:Sensex up 250 points at 52,560 levels and Nifty topped the 15,750-mark

Thursday, June 24, 2021
The Indian benchmark indices traded nearly half a percent higher in early deals today (24th June 2021) ahead of 44th Reliance Industries AGM and the monthly F&O expiry. The S&P BSE Sensex was up 250 points, or 0.5 percent, at 52,560 levels and the Nifty50 index topped the 15,750-mark. TCS, Infosys, and Tata Steel were the top Sensex gainers, while Bajaj Auto and NTPC were the top laggards. Majority of the Nifty sectoral indices traded in the green, led by the Nifty IT index, up 0.9 percent. The S&P BSE MidCap index was flat in the broader markets while the SmallCap index ticked up 0.3 percent. The shares of Shyam Metalics and Sona Comstar are slated to list on the bourses today. A strong debut is on the cards for Shyam Metalics while Sona Comstar is likely to witness a muted listing, suggest grey market trends. Read more

MARKET UPDATE:Sensex hovered around 52,160 levels and Nifty near the 15,700-mark

Monday, June 7, 2021
The markets in India fluctuated between gains and losses in early deals today(7th June 2021), amid positive global cues. The S&P BSE Sensex hovered around 52,160 levels and the Nifty50 index near the 15,700-mark. Bajaj Finance fell over 3 per cent and was the top Sensex laggard, followed by Bajaj Finserv (down 2%). On the other hand, ONGC ticked up over 1 per cent. All the Nifty sectoral indices, except Nifty Financial Services, were painted green, led by Nifty PSU Bank index, up 1 per cent. Thirty-one companies which includ Union Bank of India, Central Bank of India, Mrs Bectors Food Specialities, Jubilant Ingrevia and MRF are slated to post their quarterly numbers today.

MARKET UPDATE:Sensex gained 320 points at 52,170 levels, and Nifty topped the 15,650-mark

Thursday, June 3, 2021
The markets in India edged higher in early deals today(3rd June 2021), up half a percent, tracking similar cues from other Asian markets. The S&P BSE Sensex gained 320 points at 52,170 levels, and the Nifty50 index topped the 15,650-mark. Titan rose 4 percent and was the top Sensex gainer, followed by Reliance Industries (up 2%). The Nifty sectoral indices were painted green, led by the Nifty Metal index, up 1 percent. In the broader markets, the S&P BSE MidCap and SmallCap indexes ruled 0.7 percent and 0.9 percent higher, respectively. Twenty-nine companies, including GSPL, Arvind Fashions, and APL Apollo Tubes, are slated to announce their quarterly results today.

MARKET UPDATE:Fluctuating market;Sensex traded around 51,440 levels and Nifty traded below the 15,450-mark

Monday, May 31, 2021
The benchmark indices in India fluctuated between gains and losses in early deals today(31st May 2021), amid weak cues from other Asian markets. Among the headline indices, the S&P BSE Sensex traded around 51,440 levels. The index slid to as low as 51,180 in intra-day deals. The broader Nifty50 index, meanwhile, traded below the 15,450-mark. Mahindra & Mahindra fell 6 percent and was the top Sensex laggard. On the other hand, ITC rose 2 percent. The Nifty sectoral indices were mixed, with the Nifty Auto index, down 1 percent, being the top laggard. In the broader markets, the S&P BSE MidCap index was flat while the SmallCap index rose 0.36 percent. Seventy-nine companies slated to post their quarterly numbers today which include Aurobindo Pharma, Chemical Speciality Chemicals, Astron Paper & Board Mill, Jamna Auto Industries, and Uttam Galva Steels.

Sensex up 150 points at 50,830 levels and Nifty testing the 15,300-mark

Tuesday, May 25, 2021
The markets in India climbed off their early highs but were still trading in the green in morning deals today(25th May 2021). The S&P BSE Sensex was up 150 points at 50,830 levels, while the broader Nifty50 index was testing the 15,300-mark. ONGC, Titan, Mahindra & Mahindra, Nestle, and HDFC gained 1 percent, each, and were the top Sensex gainers. The Nifty sectoral indices were painted mixed, with the gainers led by the Nifty Metal index, up 2 percent. The broader markets outperformed their benchmark peers, with the S&P BSE MidCap and SmallCap indexes trading 0.6 percent and 0.7 percent higher, respectively. Sixty-eight companies, including Emami, VIP, Ajmera Realty & Infra India, Alkem Laboratories, and AstraZeneca Pharma India are set to announce their quarterly results today.