Equity MRK
Wednesday, November 14, 2018 2:33:00 PM  
Adani Ports  329.85    (-1.24%)
 
Asian Paints  1312.25    (2.14%)
 
Axis Bank  613.00    (-0.91%)
 
Bajaj Auto  2659.95    (-0.13%)
 
Bharti Airtel  300.20    (0.92%)
 
Coal India  265.45    (0.02%)
 
H D F C  1831.05    (0.38%)
 
HDFC Bank  1947.40    (0.94%)
 
Hero Motocorp  2838.00    (-1.23%)
 
Hind. Unilever  1705.80    (2.01%)
 
ICICI Bank  364.35    (0.96%)
 
IndusInd Bank  1500.85    (1.11%)
 
Infosys  647.50    (-2.73%)
 
ITC  274.95    (-0.70%)
 
Kotak Mah. Ban...  1126.40    (-3.31%)
 
Larsen & Toubr...  1379.85    (-0.81%)
 
M & M  770.10    (-2.66%)
 
Maruti Suzuki  7293.00    (2.05%)
 
NTPC  157.20    (0.51%)
 
O N G C  162.15    (3.61%)
 
Power Grid Cor...  186.00    (0.95%)
 
Reliance Inds.  1089.25    (-0.94%)
 
St Bk of India  283.85    (2.05%)
 
Sun Pharma.Ind...  521.00    (-7.25%)
 
Tata Motors  176.90    (-1.61%)
 
Tata Motors-DV...  96.70    (-1.68%)
 
Tata Steel  596.50    (1.25%)
 
TCS  1878.40    (-2.97%)
 
Vedanta  203.85    (-0.97%)
 
Wipro  323.70    (-0.72%)
 
Yes Bank  221.90    (-1.64%)
 
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Pre Session Commentary
You are here : Equity | News | Pre Session Commentary
Market may open on a firm note
(08:31, 09 Jul 2018)

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 58 points at the opening bell.

Overseas, Asian stocks gained as investors set aside concerns about escalating trade tensions to prepare for the latest earnings season after signs of continued economic strength. US stocks rose in light trading on Friday, 6 July 2018 as biotech shares drove gains following a report that Biogen Inc's Alzheimer's drug showed positive results in a large clinical trial.

Back home, stocks logged modest gains in a volatile session of trade on Friday, 6 July 2018. The barometer index, the S&P BSE Sensex, rose 83.31 points or 0.23% to 35,657.86. The Nifty 50 index rose 22.90 points or 0.21% to 10,772.65.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 968.18 crore on Friday, 6 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1480.82 crore on Friday, 6 July 2018, as per provisional data.

Among corporate news, Tata Steel posted an 8% growth in Q1 June 2018 sales led by its highest ever quarterly sales of automotive steels in India. Sales touched 2.97 million tonnes (mt) in Q1 June 2018 against 2.75 mt in same period last year. The announcement was made after market hours on Friday, 6 July 2018.

Automotive and Special steels sales jumped to 557 KT in Q1 June 2018 due to stronger demand and new product approvals. The company said branded products and retail business achieved highest ever Q1 sales of 975 KT, registering a growth of 12% compared to 873 KT in Q1 June 2017. Additionally, overall engineering segments registered 70% growth year on year with 97 KT sales in Q1 June 2018 against sales of 57 KT sales in Q1 June 2017.

In Europe, Tata Steel sales grew marginally to 2.43 mt in Q1 June 2018 against 2.40 mt in Q1 June 2017 while production went up to 2.81 mt in Q1 June 2018 against 2.79 mt in the previous corresponding period on improved plant availability, Tata Steel said in a statement.

Maruti Suzuki India said its total production rose 11.75% to 1.32 lakh units in June 2018 over June 2017. The announcement was made after market hours on Friday, 6 July 2018.

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