Stock markets closed negative on 18th January 2021 continuing the Friday downtrend. The present may be a correction or may continue further downfall based on the movement of the market on Tuesday(19th Jan).
At Closing Bell on 19th Jan 2021: Nifty ends 1% lower, Sensex down 470 points; all sectors in the red, Nifty Metal falls 4%
SGX Nifty the early indicator of Nifty is indicating a gap up opening for Nifty. SGX nifty is up by 95.5 points at the time of writing this post.
Other global indices are also trading in positive. With positive global cues, the trend is likely to reflect in Indian stock market with positive or gap up opening on indices.
Mind tree: The financial results of the company are released. It reported higher profits in Q3F21. The profit stands at ₹326.5 crore which was 253.7 crore earlier. Revenue also increased to 2023.7 crores from 1926 crore QoQ.
Maruti Suzuki: The prices of vehicles are to be increased by the company effective from 18th January by about ₹34,000
Cholamandalam Investment: MD and Director of the company Arun Alagappan tendered hi resignation.
Adani Green: Adani trading services sold 3,61,47,571 core equity shares at ₹915.37 per share.
Hindustan Media Ventures: Company reported a consolidated profit of ₹34.28 crores in Q3F21 against 32.09 in Q3F20. Revenue fell from 208.48 to 162.6 crore QoQ.
IRB Infrastructure developers: The company reported a profit of 69.48 crores in Q3F21 against 159.73 crores. Revenue of the company fell from 1742.6 crores to 1547.1 crores QoQ.
India Mart Intermesh: The company reported a Profit of 80.2 crores inQ3F21 against 62 crores in Q3F20. Revenue of the company increased from 164.9 crores to 173.6 crores YoY.
GAIL India: Board of the company had unanimously approved the buyback proposal to buy about 6,97,56,641 equity shares at a price of ₹150 which comes to about 1,046.35 crores.
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13 Oct 2020
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13 Oct 2020
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