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Markets open in green: Sensex surges over 250 points; Nifty above 15,700

Markets open in green: Sensex surges over 250 points; Nifty above 15,700 ANI Photo The stock markets opened higher on Monday (July 12) with Sensex surging over 248 points or 0.47 percent at 52,634.30 while the Nifty50 was up 77 points or 0.49 percent at 15,766.80 in opening trade tracking gains in index majors ICICI Bank, TCS and Reliance Industries amid a firm trend in global markets.. The 30-share BSE index was trading 241.95 points or 0.46 percent higher at 52,628.14 in initial deals, while the broader NSE Nifty advanced 81.65 points or 0.52 percent to 15,771.45. The BSE MidCap index advanced 0.6 percent while the BSE SmallCap index added 0.91 percent. The Nifty PSU Bank index was ruling as the best performing index, up 1 percent.

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Market Ahead Podcast, July 12: Top factors that could guide markets today

Investors on Dalal Street will take cues from earnings announcements, macroeconomic data, and global trends this week, said analysts. Besides, monsoon progress and updates on the new Covid variant will be closely monitored by them. After a volatile last week, wherein markets traded within a range and closed marginally lower, analysts see further consolidation ahead and expect volatility to inch higher on the stock-specific front as well with the beginning of the earnings season. Leading IT companies Infosys and Wipro and other players such as Mindtree, Tata Elxsi and HDFC AMC are among 75 companies that will announce their financial results this week. Apart from these, some other names include Dodla Dairy, L&T Finance Holdings, Steel Strips Wheels, Angel Broking and Den Networks.

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HCL Tech share price: Stocks in the news: HCL Tech, Maruti, HFCL, Fortis, Equitas SFB and Vedanta

Hindustan Unilever: The FMCG major said it has launched its first Smart Fill machine, an in-store vending model for its home care products to reuse, reduce and recycle plastic. Maruti Suzuki India: The country s largest carmaker announced the nationwide roll-out of its digital platform that provides customers end-to-end online car financing solutions. Fortis Healthcare: The healthcare facilities plans to initiate various measures like engaging with key corporate clients, leveraging digital platforms, and developing further competencies in cancer care, neuro and renal sciences, to improve margins and grow revenues this fiscal, as per the company s Annual Report for 2020-21. Vedanta: The mining firm s Talwandi Sabo Power Ltd (TSPL) said that all three units of its 1,980 MW coal-fired thermal power plant in Mansa district of Punjab would be operational by the end of this month. In a statement, it stated that the TSPL engineers are on war footing to rectify a technical snag.

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Market expected to open on a firm note - The Hindu BusinessLine

Market expected to open on a firm note - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Steel Strips Wheels reports standalone net profit of Rs 51 08 crore in the June 2021 quarter

Steel Strips Wheels reports standalone net profit of Rs 51 08 crore in the June 2021 quarter
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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