MONEYCONTROL • Deepak Nitrite: Q3 profit jumps to Rs 157 cr versus Rs 39.7 cr, revenue jumps 44.2% to Rs 1,119.9 cr YoY. • Affle India: Q3 profit jumps 31.33% to Rs 21.45 cr, revenue rises 27.4% to Rs 94.46 cr YoY. • GSK Pharma: Q3 loss at Rs 661.16 cr versus profit at Rs 113.67 crore, revenue dips 5.7% to Rs 778.59 cr YoY. • JK Cement: Company successfully commissioned grey cement grinding capacity in...
Index Nifty ... Exit around cost Regular Future PEL From 1420---1340 Gain of more than 18000/- ACC From 1440---1450 Loss of 4000/- Cash Regular... Gain of more than 6% CLN India From 425---450 Gain of 4.7% Affle From 1740---1780 Gain of 2%
Gold traded in a range amid mixed sentiments in the market. Concerns over new coronavirus spread is on a rise as the number of deaths increased to 132, which is weighing down on the prices of Base metals while supporting the prices of Gold, while China is working on controlling the spread of Virus which is supporting optimism among market participants. On the other hand, Crude oil also traded lower due to growth concerns and now impacted by the...
Benchmark indices ended higher in a highly volatile session after posting their worst single-day decline of the Saturday. The S&P BSE Sensex rose 0.34 percent to close at 39,872.31 and the NSE Nifty 50 rose 0.53 percent to end at 11,724.05. The broader markets represented by the NSE Nifty 500 Index fell 0.46 percent on Monday. The market breadth was tilted in favor of sellers. About 1,093 stocks declined and 723 shares advanced on...
In the previous week, Rupee traded in a range with a negative bias as the global equity markets took a dip affected by risk development after China reported an increase in infections from the new Coronavirus. In the previous year, RBI decided to hold the accommodative stance and the interest rate remains unchanged. The GDP data stood at 4.5% lower than the previous quarter. On Saturday, Union Budget 2020 was announced, which...
GRANULES Currently 5% up from previous closing and takes reversal after a sharp correction. Grab it above 148, if it breaks and closes above 148 for 3 consecutive days + weekly closing will see upside movement till 160 +++ levels in the coming days. Support and stop loss below 138 on a closing basis. TRENT Stock is trading in a positive trend and looks bullish on the chart above 600 levels, currently...
Fundamental Aspect: COMMENT Chana in Indore mandis has been ruling lower for the past few days on better crop report and pressure of government stock, with chana (kanta) being quoted at ₹4,100-4,125 a quintal, while chana (desi) declined to ₹4,050 and chana (vishal) to ₹4,000. Chana dal (average) was quoted at ₹4,950-5,000, chana dal (medium) at ₹5,150-5,250, while chana dal (bold) ruled at ₹5,350-5,450. Dollar chana was quoted at...
The rupee opened on a negative note against the US Dollar in the early morning due to weakness in Asian markets after China’s market opened after the Lunar year holiday which got extended by a week due to the spread of Coronavirus. A weakness in the domestic equity market is also weighing down on Rupee. Foreign Institutional Investors allegedly sold stocks worth of Rs 1014.27 on Wednesday. The US 10- year bond is trading at 6.57 percent....
MONEYCONTROL • Mahindra & Mahindra: Mahindra and Mahindra on Saturday reported a 6% decline in total sales at 52,546 units in January. The company had sold 55,722 units in the same month last year, M&M said in a statement. In the domestic market, sales were down 3% at 50,785 units last month compared to 52,500 units in January 2018. Exports dropped by 45% to 1,761 units as against 3,222 units in the year-ago month....
Indian indices fall the most after the finance minister announced the union budget in the parliament on Friday trading session. The S&P BSE Sensex fell 2.43 percent or 988 points to 39,735 and the NSE Nifty 50 fell 2.5 percent to 11,661. The broader markets represented by the NSE Nifty 500 Index fell 2.6 percent. The market breadth was tilted in favor of sellers. About 1,372 stocks declined and 404 shares advanced on National...
