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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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Welcure Drugs & Pharmaceuticals reports standalone net loss of Rs 0 02 crore in the June 2021 quarter

Welcure Drugs & Pharmaceuticals reports standalone net loss of Rs 0 02 crore in the June 2021 quarter
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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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Market expected to open on a firm note - The Hindu BusinessLine

Market expected to open on a firm note - The Hindu BusinessLine
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Stocks to watch: Avenue Supermarts, Adani Ports, IRCTC, SJVN, Federal Bank

Here are the top stocks that are likely to be in focus today: Results Today: A total of 11 companies, including HFCL, Steel Strips Wheels, Dr Lalchandani Labs and Welcure Drugs & Pharmaceuticals will release quarterly earnings today. Avenue Supermarts: The owner of retail chain DMart on Saturday reported over two-fold jump in consolidated net profit at Rs 95.36 crore for June quarter 2021-22. The company had posted a net profit of Rs 40.08 crore in April-June period a year ago. Equitas SFB: Equitas Holdings, the promoter of Equitas Small Finance Bank (SFB), on Saturday said the bank has received Reserve Bank of India s (RBI) nod to apply for amalgamation of the promoter into itself.

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