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LKP Finance reports consolidated net profit of Rs 8 29 crore in the March 2021 quarter

Indices may open in positive zone

Adani Enterprises Ltd Slips 15%, S&P BSE Industrials index Shed 3 69%

Adani Enterprises Ltd has added 11.57% over last one month compared to 7.52% gain in S&P BSE Industrials index and 6.69% rise in the SENSEX Adani Enterprises Ltd fell 15% today to trade at Rs 1361.25. The S&P BSE Industrials index is down 3.69% to quote at 4620.19. The index is up 7.52 % over last one month. Among the other constituents of the index, Bharat Heavy Electricals Ltd decreased 14.96% and Adani Ports & Special Economic Zone Ltd lost 14.53% on the day. The S&P BSE Industrials index went up 105.56 % over last one year compared to the 53.91% surge in benchmark SENSEX. Adani Enterprises Ltd has added 11.57% over last one month compared to 7.52% gain in S&P BSE Industrials index and 6.69% rise in the SENSEX. On the BSE, 1.07 lakh shares were traded in the counter so far compared with average daily volumes of 5.71 lakh shares in the past one month. The stock hit a record high of Rs 1718.45 on 07 Jun 2021. The stock hit a 52-week low of Rs 141.1 on 12 Jun 2020.

Market may open on weak note

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 63 points at the opening bell. In economic data, Wholesale Price Inflation (WPI) and Consumer Price Inflation (CPI) inflation for May 2021 is due today, 14 June 2021 India s index of industrial production (IIP) rose by a sharp 134.44% in April 2021, as per data from the National Statistical Office which stressed that the numbers are not strictly comparable with April 2020 when the country was in the midst of a national lockdown. April s industrial output was just 0.08% higher than the pre-pandemic levels of April 2019. On a sequential month-on-month basis, April s IIP contracted 12%.

Information Technology stocks edge higher

Read more about Information Technology stocks edge higher on Business Standard. Information Technology stocks were trading in green, with the S&P BSE IT Sector index increasing 200.3 points or 0.7% at 28897.37 at 09:49 IST.

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