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Saturday, 30 July 2016

Indian Stock Market View For Monday



Larsen & Toubro Infotech gains 1.6% when Q1 nos
Larsen & Toubro Infotech gained 1.6% to Rs.691 when it rumored thirty four.97% rise in profits at Rs.235.80 large integer for the quarter complete June 30, 2016 against Rs.174.70 large integer within the corresponding quarter a year past.
The security opened at Rs. 685 and touched a high and low of Rs. 699.9 and Rs. 685 severally. a complete of 895657(NSE+BSE) shares were listed on the counter. this market cap of the corporate is Rs. 11548.51 crore.

Ashok Leyland non-executive chair R Seshasayee resigns
Ashok Leyland Ltd has hep animal disease that adult male. R Seshasayee, Non-Executive chair of the corporate, has resigned from the Board of administrators of the corporate with impact from July 28, 2016.Ashok Leyland Ltd complete at Rs. 95.45, up by Rs. 1.25 or 1.33% from its previous closing of Rs. 94.2 on the animal disease.  The security opened at Rs. 94.3 and touched a high and low of Rs. 96.15 and Rs. 93.6 severally. a complete of 13808741(NSE+BSE) shares were listed on the counter. this market cap of the corporate is Rs. 26808.16 crore.

Shoppers Stop Q1FY17 Retail Turnover up Sep 11
India’s distinguished retail cluster (operator of huge format department shops, home stores, specialty stores like crossword puzzle, Mothercare, M.A.C, and hypermarkets) these days rumored a retail turnover of Rs.845.4 crores for the quarter complete June thirtieth, 2016 as against Rs.775.3 crores within the corresponding amount last year.
With 81 stores across 37 cities in Asian nation, Shoppers Stop continues to grow and expand its retail footprint. 

IRB below luggage Rs.2,100 metallic element from NHAI
IRB Infrastructure Developers (IRB), one among the most important larva road developers in Asian nation, proclaimed that it's emerged as a most popular bidder for the project of Six Laning from Udaipur to Rajasthan/ Gujarat Border i.e. from kilometre 287.400 to kilometre 401.200 section of NH-8 within the states of Rajasthan & Gujarat (approx. length 113.800 km) on DBFOT (Toll) underneath NHDP section V (package-V) (the Project).The calculable project value of the corporate is about Rs. 2,100 crores with the concession amount for a similar is twenty one years as well as construction amount of 910 days.

Eicher Motors rallies 3.4% when robust Q1 results
Eicher Motors rallied 6.6% to Rs.22,465.80 on BSE. the corporate announce a profits when taxes and profit of joint ventures of Rs.376 large integer for the quarter complete June thirty, 2016 as compared to Rs.237 large integer for the quarter complete June thirty, 2015. The security opened at Rs. 21555 and touched a high and low of Rs. 22567 and Rs. 21526.05 severally. a complete of 220977(NSE+BSE) shares were listed on the counter. this market cap of the corporate is Rs. 57246.53 crore.

Friday, 29 July 2016

Live Equity Market News: Nifty Begins August Series On Flat Note

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The 50-share NSE swell started off August series on a flat note. The Sensex was down ten.22 points at 28198.40 and therefore the swell declined a pair of.75 points at 8663.55. Axis Bank, L&T, Tata Steel, Adani Ports, Coal India, Eicher Motors, Bosch, Tata Power and Tata Steel were early gainers whereas BHEL, ICICI Bank, Bharti Airtel, NTPC, SBI, Bharti Infratel and Air Combat Command were losers. 
The Indian rupee opened flat at 67.04 per dollar against previous shut 67.04. Bhaskar Panda of HDFC Bank says the USD-INR combine is in a very vary once more as provides stay consistent. The combine is anticipated to stay in a very vary of 66.90-67.30/dollar for the approaching week, he feels. Asian markets were lower with the Nikkei losing 0.4 p.c before the Bank of Japan's financial policy call. Wall Street over mixed on Th as investors looked on the far side unsatisfactory earnings from Ford and acquired shares in Apple, whereas Alphabet surged when the bell following its quarterly report.


Thursday, 28 July 2016

Stock Market News: Sensex, Nifty Open Marginally Higher

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Equity benchmarks started off Thursday's trade with marginal gains because the Sensex gained 80.69 points at 28105.02 and therefore the neat rose twenty one points to 8636.80. Bharti Airtel lidded the shopping for list among Sensex thirty stocks, up over two % when better-than-expected consolidated earnings in Q1. Profit accumulated nearly eleven % on consecutive basis. Asian Paints additionally reacted completely to better-than-expected earnings in Gregorian calendar month quarter, up nearly two %. ICICI Bank, Maruti Suzuki and Adani Ports gained one % every whereas Infosys, NTPC were losers. 
The Indian monetary unit opened higher by eight paise at sixty seven.06 per dollar versus 67.14 Wednesday. Mohan Shenoi of Kotak Mahindra Bank aforementioned, "The FOMC statement was neutral with no specific hints of a rate hike within the close to future. when a twenty eight trillion yen business enterprise stimulation, market is expecting financial measures from BoJ these days." 
"The USD lost ground marginally against most currencies. Passage of GST during this session are a positive for the rupee," he said. He expects the USD-INR try to trade a variety of 66.85-67.15/dollar these days.