Consumer Durables stocks were trading in the positive zone, with the S&P BSE Consumer Durables index rising 525.33 points or 1.61% at 33119.14 at 09:49 IST. Among the components of the S&P BSE Consumer Durables index, Titan Company Ltd (up 2.36%), TTK Prestige Ltd (up 1.79%),Rajesh Exports Ltd (up 1.69%),Crompton Greaves Consumer Electricals Ltd (up 1.53%),Orient Electric Ltd (up 1.35%), were the top gainers. Among the other gainers were Blue Star Ltd (up 1.15%), Whirlpool of India Ltd (up 1.11%), Dixon Technologies (India) Ltd (up 0.98%), Bajaj Electricals Ltd (up 0.82%), and Voltas Ltd (up 0.71%).
At 09:49 IST, the S&P BSE Sensex was up 141.09 or 0.28% at 50792.99.
The Nifty 50 index was up 56.2 points or 0.37% at 15253.9.
Read more about Consumer Durables shares gain on Business Standard. Consumer Durables stocks were trading in the positive zone, with the S&P BSE Consumer Durables index rising 433.55 points or 1.33% at 32920.41 at 09:49 IST.
Here are the top stocks to track in today s session:
Earnings Today: IOC, Indiabulls Housing Finance, JK Tyre & Industries, Tanla Platforms and Zuari Agro Chemicals are among 25 companies slated to post their March quarter results today.
Tata Motors: Auto major Tata Motors reported a surprise consolidated net loss of Rs 7,605 crore for the quarter ended March 31, 2021, mainly on account of asset write downs in subsidiary Jaguar Land Rover (JLR). According to a consensus estimate of Bloomberg, Tata Motors was expected to report a net profit of Rs 2,774.10 crore.
Axis Bank: The government will sell nearly 2 per cent stake in Axis Bank held through Specified Undertaking of the Unit Trust of India (SUUTI), a move that’s expected to fetch around Rs 3,969 crore to the exchequer in divestment receipts. The government will sell its 1.21 per cent stake or 36 million shares in Axis Bank with the floor price set at Rs 680 a share.
Consumer Durables stocks were trading in the negative zone, with the S&P BSE Consumer Durables index falling 15.2 points or 0.05% at 31590.57 at 13:49 IST. Among the components of the S&P BSE Consumer Durables index, Dixon Technologies (India) Ltd (down 2.34%), Blue Star Ltd (down 0.78%),TTK Prestige Ltd (down 0.65%),V I P Industries Ltd (down 0.48%),Bajaj Electricals Ltd (down 0.4%), were the top losers. Among the other losers were Whirlpool of India Ltd (down 0.35%), and Voltas Ltd (down 0.03%). On the other hand, Orient Electric Ltd (up 2.98%), Rajesh Exports Ltd (up 2.4%), and Crompton Greaves Consumer Electricals Ltd (up 0.12%) moved up.
At 13:49 IST, the S&P BSE Sensex was up 348.51 or 0.71% at 49554.98.
Consumer Durables stocks were trading with losses, with the S&P BSE Consumer Durables index decreasing 21.6 points or 0.07% at 31722.17 at 13:49 IST. Among the components of the S&P BSE Consumer Durables index, Dixon Technologies (India) Ltd (down 3.25%), Voltas Ltd (down 1.12%), Amber Enterprises India Ltd (down 1.03%), TTK Prestige Ltd (down 0.85%), and V I P Industries Ltd (down 0.64%), were the top losers. On the other hand, Blue Star Ltd (up 2.2%), Crompton Greaves Consumer Electricals Ltd (up 1.02%), and Titan Company Ltd (up 0.64%) turned up.
At 13:49 IST, the S&P BSE Sensex was up 217.22 or 0.44% at 49166.98.
The Nifty 50 index was up 75.9 points or 0.52% at 14800.7.