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कौन सा शेयर खरीदें : Stock Action Monday: सोमवार को शेयर बाजार में इन गतिविधियों पर नजर बनी रहेगी
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Wall Street ended sharply higher in the overnight session after three days of selling on upbeat labour market data. All three major US stock indexes notched solid gains, with the S&P 500 enjoying its biggest percentage gain in over a month. The Dow Jones Industrial Average rose 1.29%, the S&P 500 gained 1.22% and the Nasdaq Composite added 0.72%. Asian markets tracked the robust sentiment in US markets and climbed, with investors migrating to value from growth companies as signs of a strengthening labour market tempered inflation worries. Japan’s Topix Index rose 1.4%, Australia’s S&P/ASX 200 was up 0.8% and South Korea’s Kospi gained 0.8%.
Here are the top stocks that are likely to move the market today:
Earnings: A total of 41 companies, including Larsen & Toubro, Dr Reddy s Laboratories, Cipla, Aditya Birla Capital, Macrotech Developers and Welspun India are scheduled to release their quarterly results today. Most analysts back L&T to report healthy quarterly results on the back of nearly Rs 17,500 crore order book. The company’ ability to hold on to margins amid higher raw-material prices and restored salaries/wage cuts through cost efficiencies and cost control, order pipeline, and commentary on FY22 guidance amid the Covid-19 second wave uncertainty are among the key monitorables for L&T, according to analysts.
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