Shree Ganesh Remedies Limited board recommends 1:5 bonus issue equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Here are the top stocks to track in today s session:
Earnings Today: Mindtree, Tata Metaliks, Deccan Health Care, Shree Ganesh Remedies and WS Industries are among eight companies that will release quarterly earnings today.
RIL, Airtel, Voda Idea: Shares of telecom companies will be in focus after latest TRAI data showed Reliance Jio lead the market in mobile subscriber additions as it gained 4.7 million users in April even as troubled Vodafone Idea lost 1.8 million customers during the same period. Bharti Airtel added just 0.51 million mobile subscribers in April.
Sunteck Realty: The company s pre-sales grew 74 per cent YoY in Q1FY22 to Rs 176 crore and collections grew by 165 per cent YoY to Rs 172 crore.
Tracking the bullish sentiment in global peers, market bulls are likely to make a strong comeback on Dalal Street, early trends suggest. However, a sequential dip in industrial production in May and high June retail inflation could cap gains. India s industrial output grew 29.3 per cent in May on a low base, although the figure dipped 8 per cent sequentially. At the same time, retail inflation at 6.26 per cent remained above RBI s band for the second month in a row while it eased from 6.3 per cent in May. That apart, stock-specific activity is likely to remain high amid Q1 earnings season. At 7 am, Nifty futures on SGX traded 112 points higher at 15,800.
Yuan flat at 6.4756 against the greenback
Crude up on hopes of fall in US crude stocks
Oil rose on Tuesday, recovering from the previous day s drop, as expectations of further declines in US crude inventories outweighed fears that spreading Covid-19 variants could derail a global economic recovery. Brent crude for September climbed 25 cents, or 0.3%, to $75.41 a barrel by 0036 GMT. U.S. West Texas Intermediate crude for August was at $74.33 a barrel, up 23 cents, or 0.3%.
FPIs sell shares worth Rs 746 crore
Net-net, foreign portfolio investors (FPIs) turned sellers of domestic stocks to the tune of Rs 745.97 crore, data available with NSE suggested. DIIs, turned buyers to the tune of Rs 447.42 crore, data suggests.
Shree Ganesh Remedies standalone net profit rises 41.82% in the June 2021 quarter business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.