| Index | Prices | Change | Change% |
|---|---|---|---|
| Sensex | 83,952.19 | 484.53 | +0.58% |
| Nifty 50 | 25,709.85 | 124.55 | +0.49% |
| Nifty Bank | 57,713.35 | 290.80 | +0.51% |
| Biggest Gainer | Prices | Change | Change% |
|---|---|---|---|
| Asian Paints | 2,507.80 | 98.10 | +4.07% |
| Biggest Loser | Prices | Change | Change% |
|---|---|---|---|
| Wipro | 240.90 | -12.91 | -5.09% |
| Best Sector | Prices | Change | Change% |
|---|---|---|---|
| Nifty FMCG | 56616.40 | 762.50 | +1.37% |
| Worst Sector | Prices | Change | Change% |
|---|---|---|---|
| Nifty IT | 34950.70 | -580.40 | -1.63% |
Indian rupeeended 13 paiselower at 74.41per dollar, amidvolatile trade sawin the domestic equity market.
It opened marginally lower at 74.32 per dollar against previous close of 74.28 and traded in the range of 74.27-74.43.
The index is getting nervous at higher levels and today was no different. Every time it goes closer to the 15900 level, it is facing bouts of selling pressures as a result of which it takes a U-turn and collapses. Short term and medium term supports lie at 15600 and 15400 respectively and as long as these are holding on a closing basis, the propensity of the market continues to be on the upside.
Benchmark indices ended marginally lower on the first day of the August F&O series.
At close, the Sensex was down 66.23 points or 0.13% at 52586.84, and the Nifty was down 15.50 points or 0.10% at 15763. About 1808 shares have advanced, 1352 shares declined, and 126 shares are unchanged.
Among sectors, the pharma index added 3.6 percent, while auto index rose nearly 1 percent. However, some selling was seen in the metal and financial names.
BSE midcap and smallcap indices rose 0.5 percent each.
Sun Pharma, Tech Mahindra, Cipla, Shree Cements and Adani Ports were the top Nifty gainers. Hindalco, Bajaj Finance, SBI Life Insurance, Bajaj Finserv and SBI were among the top losers.
The company has reported net profit at Rs 125.4 crore against Rs 44 crore and revenue was up 60.7% at Rs 2,486.4 crore versus Rs 1,547.6 crore, YoY.
Exide Industries was quoting at Rs 179.30, up Rs 5.00, or 2.87 percent on the BSE.
The market witnessed some positive movements and an attempt to hold the support level around the Nifty 50 Index level of 15800. The market is going to be crucial for the short-term scenario to sustain above the 15800. Sustaining above 15800, the market expects to gain momentum, leading to an upside projection till 15900-15950 level. Technical indicators suggest, a volatile movement in the market in a small range.
The company's consolidated net profit down 5.9% at Rs 365 crore versus Rs 388 crore and revenue was up 31.2% at Rs 2,525 crore versus Rs 1,925 crore, YoY.
Marico was quoting at Rs 536.20, up Rs 8.50, or 1.61 percent on the BSE.
As per a research report released by Emkay Global Financial Services, the auto sales for the month of July 2021 is likely to be strong.
Emkay Global Financial Services expects a sequential improvement in volumes across segments, barring tractors due to seasonal factors. It has retained a positive view on the auto sector with Tata Motors (TP: Rs 400), Ashok Leyland (TP: Rs 155), Maruti Suzuki (TP: Rs 9,000) and Eicher Motors (TP: Rs 3,180) as their top picks. In Ancillaries, their preference is like Motherson Sumi (TP: Rs 325) and Apollo Tyres (TP: Rs 290).
Indian Oil Corporation (IOC) has posted 32.3 percent fall in its Q1 net profit at Rs 5,941 crore versus Rs 8,781.3 crore and revenue was down 4.1% at Rs 1.18 lakh crore versus Rs 1.24 lakh crore, QoQ.
Indian Oil Corporation was quoting at Rs 103.80, down Rs 0.10, or 0.10 percent on the BSE.
Benchmark indices erased all the intraday gains and trading lower amid volatility.
The Sensex was down 33.45 points or 0.06% at 52619.62, and the Nifty was down 7 points or 0.04% at 15771.50. About 1682 shares have advanced, 1279 shares declined, and 104 shares are unchanged.
Sun Pharma, Tech Mahindra, Cipla, HCL Technologies and Adani Ports were among major gainers on the Nifty, while losers included SBI Life Insurance, Bajaj Finance, Hindalco, SBI and Bajaj Finserv.
Indian rupee is trading lower at 74.37 per dollar, amid buying seen in the domestic equity market.It opened marginally lower at 74.32 per dollar against previous close of 74.28.
