Here are the top stocks to track in today s session:
Earnings Today: Mindtree, Tata Metaliks, Deccan Health Care, Shree Ganesh Remedies and WS Industries are among eight companies that will release quarterly earnings today.
RIL, Airtel, Voda Idea: Shares of telecom companies will be in focus after latest TRAI data showed Reliance Jio lead the market in mobile subscriber additions as it gained 4.7 million users in April even as troubled Vodafone Idea lost 1.8 million customers during the same period. Bharti Airtel added just 0.51 million mobile subscribers in April.
Sunteck Realty: The company s pre-sales grew 74 per cent YoY in Q1FY22 to Rs 176 crore and collections grew by 165 per cent YoY to Rs 172 crore.
Jul 13 2021, 7:11 AM
July 13 2021, 7:11 AM
July 13 2021, 7:11 AM
Asian stocks opened firmer Tuesday after their U.S. counterparts notched yet more all-time highs as investors awaited second-quarter earnings season. Benchmarks rose in Japan and South Korea, with more subdued gains in Australia, where the Sydney lockdown is weighing on confidence. U.S. contracts fluctuated after the S&P 500 and the tech-heavy Nasdaq 100 closed at new highs.The Singapore-traded SGX Nifty, an early indicator of India .
Asian stocks opened firmer Tuesday after their U.S. counterparts notched yet more all-time highs as investors awaited second-quarter earnings season.
Benchmarks rose in Japan and South Korea, with more subdued gains in Australia, where the Sydney lockdown is weighing on confidence. U.S. contracts fluctuated after the S&P 500 and the tech-heavy Nasdaq 100 closed at new highs.
FDC announced the launch of India s first oral suspension of Favipiravir - Favenza Oral Suspension, used to treat mild to moderate cases of COVID-19. This prescription-only solution is currently available at all retail medical outlets and hospital pharmacies across the country.
Sunteck Realty in its Q1 FY22 operational updates said the company s pre-sales grew by 74% YoY in Q1FY22 to Rs 176 crore, and collections grew by 165% YoY in Q1FY22 to Rs 172 crore.
Ashoka Buildcon has received Letter of Acceptance from National Highways Authority of India ( NHAI ) for development of Memmadpur (Ambala) - Banur (IT City Chowk) - Kharar (Chandigarh) Corridor for a bid price of Rs 726 crore.
Shares of Ashoka Buildcon rose 5 per cent to Rs 117.15 on the BSE in intra-day trade on Tuesday after the company said it has received letter of acceptance (LOA) from National Highways Authority of India (NHAI) for the development of Memmadpur (Ambala) - Banur (IT City Chowk) - Kharar (Chandigarh) Corridor for a bid price of Rs 726 crore. The stock of the roads and highways construction company was trading close to its 52-week high of Rs 118.65 touched on February 17, 2021. At 09:41 am, the scrip was quoting at Rs 114.80, up 3 per cent on the BSE, as compared to a 0.41 per cent gain in the S&P BSE Sensex. A combined 2.4 million equity shares had changed hands on the counter on the NSE and BSE at the time of writing this report.
Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 213.20 points or 0.41% at 52,585.89. The Nifty 50 index was up 68 points or 0.43% at 15,760.60. Positive Asian stocks boosted sentiment.
The S&P BSE Mid-Cap index was up 0.12%. The S&P BSE Small-Cap index was up 0.46%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1890 shares rose and 685 shares fell. A total of 97 shares were unchanged.
On the macro front, the country s retail inflation, measured by the Consumer Price Index (CPI), eased marginally to 6.26% in the month of June. Separately, India s factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a year-on-year growth of 29.3% in May, two separate data released by the Ministry of Statistics & Programme Implementation (MoSPI) showed on Monday.