Volatility struck bourses in early trade as the key benchmark indices regained positive zone soon after opening lower. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 71.74 points or 0.14% at 52,807.33. The Nifty 50 index was up 13.85 points or 0.09% at 15,828.55. Asian stocks are trading lower.
The S&P BSE Mid-Cap index was up 0.42%. The S&P BSE Small-Cap index was up 0.5%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1700 shares rose and 849 shares fell. A total of 101 shares were unchanged.
Stocks in news:
HDFC Life Insurance Company fell 0.43% to Rs 693. Foreign promoter Standard Life will reportedly sell 3.46% stake in the company through block deal at a price band of Rs 658-678 per share.
Here are the top stocks to track in today s session:
Earnings Today: DCM, IRCTC, Ruchi Soya, Sintex Industries and Suzlon Energy are among the companies that will announce their March quarter earnings today.
HDFC Life: Standard Life will divest 3.46 per cent or 70 million shares in HDFC Life Insurance Company on Tuesday. The price range for the share sale has been fixed at Rs 658 to Rs 678 per share.
Triveni Turbine: The company on Monday reported a 69% YoY rise in its consolidated net profit to Rs 23.28 crore for the March quarter, mainly on account of higher income.
Punjab & Sind Bank: The state-owned bank said it will seek shareholders approval next month to set off accumulated losses of over Rs 3,577 crore from its share premium account.
Market likely to open on flat note amidst dull global cues
June 29, 2021
A view of the Bombay Stock Exchange (file photo) - REUTERS×
HDFC Life, RITES, Thomas Cook may see action
Domestic markets are expected to open on Tuesday on a negative-to-flat note amid weak global cues. As the Union Government announced fresh relief measures to boost economy, experts believe that the market is likely to move in a range with limited downfall.
The SGX Nifty is currently ruling at 15,858 indicates (8 am) a flat opening as the Nifty futures on Monday closed at 15,855 and the spot at 15,814.70.
The divergent trend continued at the US bourses, with tech-focussed Nasdaq and the broader S&P 500 edging up almost one per cent and 0.23 per cent respectively, even as the Dow Jones Industrial Average slipped 0.44 per cent.
Shares of HDFC Life Insurance Company will be in focus. Foreign promoter Standard Life will reportedly sell 3.46% stake in the company through block deal at a price band of Rs 658-678 per share.
NALCO posted net turnover and net profit of Rs.8869.29 crore and Rs.1299.56 crore respectively in FY20-21 compared to Rs.8425.75 crore and Rs.138.23 crore achieved during the previous year. The net profit of the company for the financial year 2020-21 has jumped by 840% over last financial year.
RITES said that Metro Express, Mauritius has awarded additional work of consultancy services (PMC) for extension of the mainline from Rose Hill to Reduit through Ebene for an additional fee of MUR 250 millions (Rs 45 crore approximately).
Ramco Systems rises after signing agreement with Aden Ports 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.