Stocks in news: Aurobindo Pharma, Titan, Crompton Greaves, Bank of India, Bharat Petroleum
Stocks to watch today on February 11: Aurobindo Pharma, Titan, Crompton Greaves, Bank of India, Bharat Petroleum among others are the top stocks to watch out for in Thursday s trading session
BusinessToday.In | February 11, 2021 | Updated 09:30 IST
Stocks to watch today: ITC, Coal India, Power Grid Corporation, ACC, Ashok Leyland, Ashapura Minechem, Atul Auto, Bajaj Hindusthan Sugar, Bayer Cropscience, Bosch are among the top companies that will be reporting their Q3 earnings
Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Thursday s trading session based on latest developments. Investors are also awaiting Q3 earnings that are scheduled to be released today. Companies set to announce their earnings are ITC, Coal India, Power Grid Corporation, ACC, Ashok Leyland, Ashapura Minechem, Atul Auto, Bajaj Hindustan Sugar, Bayer Cropscience, Bosch.
As long as Nifty shows similar consolidation for the next 1-2 sessions, the odds of sharp upside bounce can t be ruled out, Nagaraj Shetti of HDFC Securities feels.
US stocks fall after hitting record highs
Wall Street s main indexes turned negative in volatile trading on Wednesday after the S&P 500 and the Dow hit record highs at the open on hopes of faster economic growth. The Dow Jones Industrial Average fell 73.22 points, or 0.23%, to 31,302.73, the S&P 500 lost 9.58 points, or 0.24%, to 3,901.72 and the Nasdaq Composite lost 73.65 points, or 0.53%, to 13,934.05.
European shares gain on stimulus hopes
European shares rose on Wednesday as upbeat earnings reports from firms including SocGen helped boost optimism around a broader economic rebound, while shipping company Maersk slumped after its quarterly profit missed estimates. The pan-European STOXX 600 index rose 0.26%, with commodity-linked shares and utility stocks leading the gains.
Dalal Street Week Ahead | Here are 10 key factors that will keep traders busy next week
The market is expected to be stock-specific based on the forthcoming quarterly results, Vinod Nair of Geojit Financial Services has said. Sunil Shankar Matkar February 07, 2021 / 09:57 AM IST
The market clocked the biggest ever weekly gains in absolute terms, with the benchmark indices hitting new highs as the bulls, backed by the banking sector, had a free run of the week ended February 5.
A growth-oriented Budget that went big on spending with no new taxes, forward-looking policies of the Reserve Bank of India that stuck to an accommodative stance, strong quarterly earnings, FII buying and positive global cues boosted market sentiment.
Synopsis
The central bank retained the repo rate at their record low of 4 per cent and the reverse repo rate at 3.35 per cent. All six members of the Monetary Policy Committee voted to leave the policy rate unchanged including the RBI Governor Shaktikanta Das.
Reuters
Benchmark NSE Nifty50 index was up 84.35 points at 14980, while the BSE Sensex was up 370.41 points at 50984.7.
NEW DELHI: Rate sensitive stocks in sectors such as realty, banks were trading higher as the six-member monetary policy committee (MPC) of the Reserve Bank of India, headed by Governor Shaktikanta Das, on Friday maintained status quo on the policy rates in its last bi-monthly meeting of the current financial year.