Indian indices ended the day in red after reaching all time high for 5th day.
Midcap supported the market.
Bank and Auto sectors dragged the market.
Markets are closed tomorrow on account of Muharram.
Indian indices opened green and is trading in all time high Sensex crossed 56000.
FIIs sold 343.7 Cr and DIIs purchased 266.43 Cr.
The Dow Jones Industrial Average fell 0.79%, snapping a five-day winning streak. The S&P 500 lost 0.71% after posting a new record high on Monday, and the Nasdaq Composite dropped 0.93%.
Shares in Asia-Pacific were mixed in Wednesday morning trade as investors look ahead to the Reserve Bank of New Zealand’s interest rate decision.
Happy Investing!
-Thirumalai Raj M.
Indian indices ended in green, Nifty up by 0.31% and Sensex up by 0.38%. Nifty Mid and Small caps were up by 0.33 and 0.25% respectively.
Market was supported by IT and FMCG.
Finance and Metals were down.
Sensex – 55792.27 (+209.69)
Nifty – 16614.60 (+51.55)
Indian indices has opened in red due to weak trend globally. SGX Nifty was also down while opening.
The eCommerce sector to get a new Regulator.
US and Asian markets were down due to fears of Delta variant.
Oil prices fell as delta surge hurt sentiments.
Foreign Investors has bought shares worth 819 Crores while domestic investors bought around 124 Crores.
Bharti Airtel – has allowed Jio to use 800 MHz in certain circles for a payment of Rs. 1000 Crores.
Coal India – has increased the capital expenditure target indicating the growth current year.
Godrej Industries – Adi Godrej is stepping down as Chairman and Member of Board.
Happy Investing!
-Thirumalai Raj M.
Indian Benchmark index closed in good green. Nifty made a new All time high.
IT, Energy and other major sectors are green.
Pharma sector ended in red.
Sensex – 54843.98 (+318.05)
Nifty – 16364.40 (+82.15)
Indian indices closed flat as we mentioned in the morning report.
Index was supported by Metals, Energy and Commodities.
Banking stocks were negative.
Sensex – 54525.93(-28.73)
Nifty – 16282.25(+2.15)
Indian indices has opened red and trading around 54300. The sell off continues in the market. There are chances for positive close today.
Asian shares are trading lower today with Straits Times, Hang Seng and Taiwan Weighted down 0.5 percent each, while Nikkei index is up 0.5 percent.
Zomato – Net loss rose to 356 Cr at the end of June quarter. Total income was 916 Cr during the quarter.
Reliance Infra – Quoted Net loss of 95.15 Cr, revenue increased to Rs. 4336 Cr.
Pricol – Reported Consolidated profit of 5.94 Cr with a revenue of 319.91 Cr.
Cadila Healthcare, Bajaj Electricals, Bata India and Birla Cable.
Happy Investing!
–Thirumalai Raj M.
Indian markets ended the day with minimal gains.
Index was supported by HDFC and IT stocks.
Major sectors are down due to sell off (Profit booking).
Sensex – 54554.66 (+151.81)
Nifty – 16280.10 (+21.85)
Indian markets have opened in green. Sensex is around 54600.
FIIs bought shares worth 211.9 Cr while DIIs sold shares worth 716.15 Cr yesterday.
US stocks dropped from record highs amid concerns about pullback in stimulus and a resurgence in the fast-spreading delta virus variant. The Dow Jones Industrial Average fell 0.3 per cent and the S&P 500 lost 0.09 per cent. The Nasdaq Composite added 0.16 per cent.
In Asia, too, the stocks drifted. Topix index rose 1 per cent, Australia’s S&P/ASX 200 and Hang Seng Index added 0.2 per cent each. Meanwhile, Kospi index fell 0.6 per cent.
Reliance Industries: Reliance New Solar Energy along with Paulson & Co and Bill Gates invests 144 USD in Ambri Inc.
Wipro: Appointed Jason Eichenholz as Senior VP and Global Partnership Leader of the company.
Rolex Rings: HSBC Pooled Investment Fund – HSBC Pooled Asian Equity Fund acquired 1.44L shares in company at 1250/share.
Zomato, Coal India, Lupin Power Grid Corporation of India, Aarti Surfactants and Balaji Telefilms.
Happy Investing!
-Thirumalai Raj M.
Indian Market opened negative today following yesterday’s downtrend. The market might end the week last day negative.
Stocks fell in Japan, Australia and South Korea. Chinese stocks are also nearing bear market.
TCS: TCS reported lower consolidated profit at Rs. 9008 Cr.
Tata Steel: CARE upgraded the long term rating of the company to AA+ from AA.
Sangam Renewables: Divested its entire stake in its subsidiary Waacox Energy to ADitya Birla Renewables.
Delta Corp, Excel Realty N Infra, Integrated Capital Services and K&R Rail Engineering.
Happy Investing!
Thiru Writes 