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Indian shares hit record highs on tech, consumer stocks boost


Sethuraman R
3 minute read
Clouds are seen over the Bombay Stock Exchange (BSE) building in Mumbai, India May 25, 2016. REUTERS/Danish Siddiqui/File Photo
BENGALURU, Aug 3 (Reuters) - Indian shares hit record highs on Tuesday, buoyed by technology and consumer stocks, as economic indicators pointed to a demand recovery, although the gains were capped by worries about surging Delta variant cases elsewhere in Asia.
By 0501 GMT, the blue-chip NSE Nifty 50 index (.NSEI) climbed 0.53% to 15,970 and the benchmark S&P BSE Sensex (.BSESN) rose 0.65% to 53,293.11.
The country s factory activity bounced back last month and July trade deficit (INTRDP=ECI) widened to $11.23 billion from $9.4 billion a month ago, with economists pointing out normalisation of activity after curbs were eased. read more ....

Anita Gandhi , Nallur Sethuraman , Thomson Reuters Trust Principles , Arihant Capital Markets , Thomson Reuters Trust , அனிதா காந்தி , நல்லூர் சேதுராமன் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , அரிஹந்த் மூலதனம் சந்தைகள் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

Top stocks in focus: Larsen & Toubro, Axis Bank, Vedanta, DLF, Tata Motors


Top stocks in focus: Larsen & Toubro, Axis Bank, Vedanta, DLF, Tata Motors
Check out the stocks that will be in focus during trade today based on recent and latest news developments.
July 27, 2021 7:38 IST
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India Infoline News Service
Larsen & Toubro: The company reported profit at Rs1,174.4cr in Q1FY22 against Rs303cr in Q1FY21, revenue jumped to Rs29,334.7cr from Rs21,260cr yoy.
Axis Bank: The bank reported a sharply higher profit at Rs2,160.15cr in Q1FY22 against Rs1,112.17cr in Q1FY21, net interest income increased to Rs7,760.27cr from Rs6,985.31cr yoy.
Vedanta: The company reported a sharply higher profit at Rs4,224cr in Q1FY22 against Rs1,033cr in Q1FY21, revenue jumped to Rs28,412c ....

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Markets open in green: Sensex up 150 points, Nifty around 15,850


Markets open in green: Sensex up 150 points, Nifty around 15,850
File
The market indices opened in green on Tuesday (July 27). The benchmark Sensex was up 153 points, or 0.29 per cent, to trade at 53,006 levels. The Nifty50 was up 36 points at 15,861.
Tata Steel was the top gainer in the Sensex pack, rising more than 1 per cent, followed by ICICI Bank, HDFC Bank, IndusInd Bank, Maruti, Titan and SBI. On the other hand, Axis Bank, L&T, HCL Tech, Nestle India and HDFC were among the laggards.
At 9.25 AM, the Nifty Metal index was up 1 percent boosted by Hindalco, NALCO and Tata Steel stocks. ....

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