Grasim industrieshas partnered with Century Textiles and Industries to form a joint venture
The domestic stock markets are likely to open in the green, going by indications from SGX Nifty futures. Trends on SGX Nifty indicate a positive opening for the Nifty, with a 27-points gain. At 7:30 am, the Nifty futures were trading at 15,948, higher by 27 points or 0.5 per cent, on the Singapore Stock Exchange.
On Thursday, the BSE Sensex climbed 254.80 points to 53,158.85 and Nifty jumped 70.20 points to 15,924.20.
Stocks to watch in trade in today s session
Wipro
Wipro, the country s leading software services company, reported its best-ever quarterly earnings in the first quarter of the current financial year. Wipro s net profit rose 9 per cent sequentially to Rs 3,243 crore from Rs 2,972 crore in the previous quarter. Its revenue from operations advanced 12.35 per cent to Rs 18,252 crore against Rs 16,245 crore in the previous quarter.
Grasim Industries incorporates JV Birla Advanced Knits
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Century Textiles and Grasim Inds form JV Birla Advanced Knits
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