The Sensex has gained 113 points to close at 40,544. At the same time, the Nifty has ended 24 points at 11,897.
3:40 PM
The market today gained for the third consecutive day. The Sensex has gained 113 points to close at 40,544. At the same time, the Nifty has ended 24 points at 11,897. Nifty Bank has closed 45 points up at 24,312. The midcap is up 107 points at 17,023. Today, 15 out of 30 stocks of the Sensex were traded. At the same time, 25 of the 50 stocks of Nifty were bought. While 8 out of 12 stocks of Bank Nifty were sold.
Also Read: Stocks in news: these are today’s popular stocks
03:00 PM
Veteran FMCG company HUL has presented its second quarter results. The company posted a profit of Rs 2,009 crore in the second quarter. The company was expected to post a profit of Rs 2,004 crore in the quarter.
The company’s revenue in the second quarter was Rs 11,442 crore. The company was estimated to earn Rs 11,200 crore in the quarter. The company’s domestic volume growth in the second quarter was 3 percent. The company’s domestic volume growth was expected to be 2-3 per cent in this quarter.
02:08 PM
The rupee has weakened 9 paise to close at 73.46 against 73.37 against the dollar today.
02:05 PM
Oil marketing companies have floated tenders to purchase ethanol. Ethanol will be purchased from sugar companies. Today, sugar stocks have also gained momentum due to this news. With this EXCLUSIVE news from CNBC AWAAZ, Balram Pur Chini and Dhampur Sugar are seen at the height of the day.
02:00 PM
The market seems to be able to maintain the lead for the third consecutive day. The Nifty has gained 70 points from the lower level, while the Bank Nifty has improved by more than 150 points from the bottom. HDFC Bank and veteran IT stocks have supported the market. Dow Future is seeing a rise of over 125 points.
01:55 PM
According to information received from sources, IRCTC has plans for OFS in January-March. 4 merchant bankers have been selected for OFS.
01:45 PM
Companies can get financial incentives on oil-gas production from Coal Bed Methane, Shale and other sources. According to sources, the government is introducing a new policy to increase domestic production. The draft policy will be released soon.
01:30 PM
Preparation to hold the foreign partner’s royalty
According to exclusive information received by sources from CNBC-Awaaz, the government is preparing to clamp down on the royalty of the foreign partner. This will cover technology transfer and brand royalties. According to sources, the maximum limit for royalty payment of foreign partner can be fixed.
01:15 PM
PM Modi will address the country at 6 pm today. PM Modi has given this information by tweeting.
01:10 PM
Tomorrow the cabinet and CCEA will have an important meeting.
01:05 PM
For the third consecutive day in the market, the Milnifty has gained 100 points from the lower level, while the Bank Nifty has recovered about 300 points from the bottom. HDFC Bank and veteran IT stocks are supporting the market. The Nifty is looking closer to 11950. The midcap index is visible at the upper levels of the day. IT, pharma, cement, realty stocks are up. Sugar stocks have also run.
12:55 PM
SPICEJET has launched 62 new domestic and international flights. The company has stated that demand is increasing as conditions return to normal. Good demand is expected on all launch routes.
12:45 PM
GRANULES INDIA Q2 (YoY) | The company’s profit in the second quarter increased 71 per cent year-on-year to Rs 163.6 crore. The company had a profit of Rs 95.8 crore in the same period last year. During this period, the company’s income increased from Rs 699.5 crore to Rs 858.1 crore. Kanso EBITDA has increased from Rs 143.6 crores to Rs 858.1 crores. Kanso EBITDA margin has increased from 20.5 per cent to 29.9 per cent. In the second quarter, the company’s Net Debt saw a decline of 25.8 percent. The company has declared dividend at the rate of Rs 0.25 per share.
12:10 PM
The market is showing at upper levels of the day. While the Nifty gained 100 points from the lower level, the Bank Nifty is seeing a rise of 300 points from below. L&T, TCS and HDFC Bank have energized the market.
11:55 AM
Weakness in sleep
Gold is showing weakness after yesterday’s boom. Gold appears to be around Rs 50,500 on MCX. There is uncertainty about the relief package in the US. Gold is showing weakness due to recovery in the dollar.
11:50 AM
Softening in silver
Silver is showing pressure from the 1-week high. There is uncertainty about the relief package in the US. Recovery in silver industrial demand is expected. Silver is being supported by continued investment demand. Citi says that silver can go up to $ 40 an ounce in 1 year.
11:45 AM
Crude weakness
Crude oil is witnessing weakness for the fourth consecutive day today. Demand concerns are growing in the US and Europe due to increasing cases of corona. Brent prices are close to the $ 42 level.
11:40 AM
Mixed attitude in metal
Mixed business is taking place in base metals today. Uncertainty over the relief package in the US has put pressure on prices but there is support at lower levels from good Chinese data.
11:35 AM
The market is seen at the upper level of the day. Nifty Bank improved 320 points from below. IT, Capital Goods shares are seen buying. Nifty has an increase in 29 out of 50 stocks. At present, the Sensex is looking around 40,645 with a gain of 213 points, or 0.53 per cent. At the same time, the Nifty is seen around 11,930 with a gain of 55 points i.e. 0.46 percent.
11:25 AM
15% stake sale in RVNL is being expedited. The bid for merchant bankers and selling brokers has been called for the stake sale. The last date for bid submission is November 10. The stake in RVNL will be sold through OFS.
11:05 AM
STRIDES PHARMA has received approval from the US FDA for ETHACRYNIC ACID TABLETS.
11:00 AM
The market is showing at the upper level of the day. Shopping in banking shares is also seen returning. Nifty Bank has corrected 260 points from below. 20 out of 30 stocks of the Sensex are looking up.
10:45 AM
Phase 1 trial of Moderna Vaccine for COVID has begun. PFIZER PLC and BIONTECH are launching its joint trial in Japan.
10:35 AM
IT stocks are seeing a strong boom. After 4 days of decline, the Nifty IT index has gained more than 1 percent. HCL TECH and TECH MAHINDRA are the top gainers of the Nifty.
10:25 AM
Estimates have given good results and ACC has risen over 3 per cent from THUMBS UP of brokerage houses. Other cement stocks are also seeing good buying.
10:20 AM
After the mixed results in the second quarter, BRITANNIA shares have fallen more than 4 per cent to a 3-week low. Other FMCG giants are also under selling pressure.
10:15 AM
The market has witnessed excellent recovery from the lower levels. Nifty has moved towards 12 thousand. IT, realty, pharma and auto stocks are seeing good buying. But there is selling pressure on Nifty Bank.
10:00 AM
The rupee opened at a level of 73.37 without change. Dow futures are showing an increase of 85 points.
09:25 AM
Indian markets have also started with sluggishness amid weak global cues. After opening in the red mark, the Sensex is currently looking up 55 points. Along with the big stocks, midcap and small cap stocks are also seeing weakness. The midcap index of BSE is trading with a weakness of 0.33 per cent. At the same time, the BSE smallcap index is trading with a weakness of 0.10 per cent. Oil-gas stocks also see weakness today. The BSE oil and gas index is trading at a loss of 0.26 per cent.
Currently, the 30-share BSE Sensex is trading around 40,500 with a gain of about 55 points, or 0.14 per cent. At the same time, NSE Nifty, the 50-share major index of NSE, is trading around 11900 with a slight gain of 6 points.
08:20 AM
Strategy on nifty
Virendra Kumar of CNBC-Awaaz says that its registration zone is 11908-11927. The larger registration zone is 11963-11984. The base zone is 11810-11790. The larger base zone is 11750–11760. Given the flow and technical structure of FIIs, buying in the fall will be beneficial. Wait for stability above 11790-820. Buying 11900 calls in sharp decline will be a profitable deal. 11908-927 will serve as a registration in pullback.
Strategy on nifty bank
Virendra Kumar says that its registration zone is 24445-24500. The larger registration zone is 24607-24680. The base zone is 24040-23990. The larger base zone is 23800–23700. Technically best to long. 23702 It would be good to buy in sharp decline before breaking. Put Writers is confident at 23500-23800.
Know today’s trading calls
KR Choksey Shares Securities
Buy acc @ 1560 , stl 1552, tgt 1576
Kotak Securities
BUY AMARARAJA BAT TGT 745 SL 720
Sanctum Wealth Management
Buy berger Sl 600 tgt 645
Britannia’s profits up 23%, HDFC Life’s VNB up 22%
Britannia’s profits grew 23 percent in the second quarter. The company’s margins have also shown a growth of 3.5 percent. On the other hand, VALUE OF NEW BUSINESS of HDFC LIFE has increased by 22%.
ACC’s good results, profits up 20%, margins improved
The ACC results have been better than anticipated. The company’s profit has increased by 20 to about Rs 365 crore. The margin has seen an increase of over 3 per cent.
In Focus L&T
L&T has bid lowest in Mumbai-Ahmedabad bullet train project. There is a 237.1 km line project between Mumbai-Ahmedabad. L&T has bid for 24,985 crores. L&T’s bid is lower than Tata Projects and Afcons.
HUL profits may rise by 8.5%, Hind Zinc, LTI results also under watch
Today HUL’s second quarter results will come. The company’s profit is expected to grow 8 to more than 13 percent. Although margins may remain flat, the results of L&T Infotech and Hindustan Zinc will also be watched by the market today.
Relief package option open now: FM opens the option
of economic package according to need, FM Nirmala Sitharaman said on NK Singh’s book release yesterday, after discussing with all, will decide
Mission to create a digital society- Ambani
RIL Chairman Mukesh Ambani has made a big statement in which he has said that it is a big mission to transform India into a digital society. Energy has a big goal to make India self-reliant.
EQUITAS SFB’s IPO will open today
IPO price band is 32-33 / share. The company has raised Rs 140 crore from anchor investors. The issue will close on October 22.
Chennai Super Kings seventh defeat in IPL
Chennai Super Kings seventh defeat in IPL, Rajasthan Royals defeated by 7 wickets, today match between Kings XI Punjab and Delhi Capitals.
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