Monday, July 27, 2020

Nifty-Sensex View - 28.07.2020: 09.00 Am

Nifty-Sensex View  - 28.07.2020: 09.00 Am
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Pre-Session: Domestic bourses set for positive opening; Tech Mahindra in focus
28/07/2020 08:35
Indian markets are expected to start the day on positive note today on the back of favourable global cues. Besides, investors will also track Covid-19 trends, corporate results, and stock-specific developments for market trend.

On the results front, investors will first react to IT services firm Tech Mahindra's numbers in which it reported Rs 972 crore in consolidated net profit for June quarter. The figure was 20.9 per cent higher sequentially although on a year-on-year basis it remained flat. Revenue stood at Rs 9,106 crore, up 5.2 per cent YoY, even as it declined 4 per cent sequentially.

Besides, a total of 132 companies, including UltraTech Cement, Nestle India, and IDBI Bank, are scheduled to announce their results today.

On Monday, the 30-share benchmark index ended at 37934.73 down by -194.17 points or by -0.51 % and then NSE Nifty was at 11131.8 down by -62.35 points.


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Stocks to Watch : RIL, Tech Mahindra, Yes Bank, ITC, Bharti Infratel, Pfizer : 28.07.2020

Stocks to Watch : RIL, Tech Mahindra, Yes Bank, ITC, Bharti Infratel, Pfizer : 28.07.2020


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Stocks to Watch : RIL, Tech Mahindra, Yes Bank, ITC, Bharti Infratel, Pfizer : 28.07.2020


Stocks to Watch : RIL, Tech Mahindra, Yes Bank, ITC, Bharti Infratel, Pfizer : 28.07.2020

Stocks in the news: Tech Mahindra, NBCC India, Pfizer, Mahindra Finance, Birlasoft
United Spirits | Kirloskar Electric Company | HSIL | Hindustan Media Ventures | MT Educare | Emami | Infibeam Avenues | Raymond | KPI Global Infrastructure | Aptech | Bharti Infratel | Jaiprakash Power Ventures are also in focus today.

Tech Mahindra Q1 | Profit at Rs 972.3 crore versus Rs 803.9 crore, revenue at Rs 9,106.3 crore versus Rs 9,490 crore QoQ.

NBCC India | The company received orders worth Rs 204 crore.

Mahindra & Mahindra Financial Services | Rights issue of Rs 3,088.8 crore will open on July 28, with a price at Rs 50 per share.

United Spirits Q1 | Loss at Rs 241.5 crore versus profit at Rs 202.1 crore, revenue at Rs 3,820.7 crore versus Rs 7,292.5 crore YoY.

Kirloskar Electric Company | Company's at Hirehalli (unit-7) and Budihyal (unit-15) has been extended partial lay off its workmen for a further period of 30 days.

HSIL Q1 | Loss at Rs 17.35 crore versus profit at Rs 14.34 crore, revenue at Rs 251.55 crore versus Rs 439 crore YoY.

Hindustan Media Ventures Q1 | Profit at Rs 11.39 crore versus Rs 38.81 crore, revenue at Rs 89.88 crore versus Rs 217.95 crore YoY.

MT Educare | Promoter Mahesh Shetty proposes to sell up to 17,82,585 shares (2.47% of total paid-up equity) July 28-29 via offer for sale. Floor price is Rs 13 per share.

Emami | Promoters released pledge on shares.

Tejas Networks Q1 | Loss at Rs 9.76 crore versus profit at Rs 5.85 crore, revenue at Rs 80.11 crore versus Rs 161.89 crore YoY.

Infibeam Avenues | Ravi Omprakash Agrawal bought 34,68,572 shares in company at Rs 74.85 per share.

Best Agrolife | Resonance Opportunities Fund acquired 1,12,000 equity shares in company at Rs 610.35 per share.

Raymond | Gagandeep Consultancy bought 4.5 lakh shares in company at Rs 249.45 per share.

Nippon Life India Asset Management Q1 | Profit at Rs 156.30 crore versus Rs 125.40 crore, revenue at Rs 233.12 crore versus Rs 325.11 crore YoY.

KPI Global Infrastructure | Company successfully commissioned additional capacity of 615 KW solar power project under captive power producer.

Aptech Q1 | Loss at Rs 6.53 crore versus Rs 3.08 crore, revenue at Rs 14.86 crore versus Rs 51.56 crore YoY.

Bharti Infratel | Profit at Rs 703.6 cr versus Rs 649.5 crore, revenue at Rs 3,504.7 crore versus Rs 3,624.4 crore QoQ. DS Rawat has resigned as MD & CEO w.e.f August 3, 2020.

Pfizer Q1 | Profit at Rs 124.45 crore versus Rs 112.81 crore, revenue at Rs 514.89 crore versus Rs 544.40 crore YoY.

Birlasoft | BOND-PRO announced Birlasoft as surety systems integration partner.

Jaiprakash Power Ventures Q1 | Profit at Rs 23.35 crore versus loss at Rs 101.28 crore, revenue at Rs 689.41 crore versus Rs 1,078.58 crore YoY.

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Market Highlights - 27.07.2020

Market Highlights - 27.07.2020

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💎 Financials drag Sensex & Nifty into the red; Nifty Bank falls over 3%

💎 Infosys, RIL and TCS life Nifty by 45 points while HDFC Bank, ICICI Bank and Kotak Mahindra Bank drag by 87 points

💎 Sensex closes traded 194 points lower at 37,935 and Nifty 62 points lower at 11,132

💎 Midcap Index falls 205 points to 15,234 and Nifty Bank 813 points to 21,849

💎 Nifty PSU Bank turns negative for the months, closes 3% lower today

💎 Nifty IT Index hits 52-week high; HCL Technologies and TCS top gainers

💎 Reliance Industries continues to hit record high; stocks ends 0.5% higher at 2,156

💎 Kotak Bank slips 2% after reporting fall in advances and rise in slippages

💎 ICICI Bank declines over 6% on profit booking and RBI's Financial Stability Report

💎 Asian Paints top Nifty gainer after reporting Q1 earnings better than estimates

💎 Marico falls 2% as domestic volumes decline 14% in April-June quarter

💎 IndusInd Bank 3% lower ahead of results and fund raising meet tomorrow

💎 Gold Financiers Muthoot Fin and Manappuram Finance gain as gold hits record high

💎 Market Breadth favours declines; advance-decline ratio at 1:3

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Kotak Mahindra Bank Q1 net dips 8.5% to Rs.1244 cr; asset quality worsens : 27.07.2020

Kotak Mahindra Bank Q1 net dips 8.5% to Rs.1244 cr; asset quality worsens : 27.07.2020


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Kotak Mahindra Bank Q1 net dips 8.5% to Rs.1244 cr; asset quality worsens : 27.07.2020


Kotak Mahindra Bank Q1 net dips 8.5% to Rs.1244 cr; asset quality worsens : 27.07.2020

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India bans 47 more Chinese apps : 27.07.2020

India bans 47 more Chinese apps : 27.07.2020


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India bans 47 more Chinese apps : 27.07.2020


India bans 47 more Chinese apps : 27.07.2020

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Cinemas likely to reopen from 1 August : 27.07.2020

Cinemas likely to reopen from 1 August : 27.07.2020


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Cinemas likely to reopen from 1 August : 27.07.2020


Cinemas likely to reopen from 1 August : 27.07.2020

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Yes Bank hits 10% lower cap as FPO shares start trade; Tilden Park gets 7.48% : 27.07.2020

Yes Bank hits 10% lower cap as FPO shares start trade; Tilden Park gets 7.48% : 27.07.2020


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Yes Bank hits 10% lower cap as FPO shares start trade; Tilden Park gets 7.48% : 27.07.2020


Yes Bank hits 10% lower cap as FPO shares start trade; Tilden Park gets 7.48% : 27.07.2020

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Rakesh Jhunjhunwala hikes stake in Karur Vysya Bank : 27.07.2020

Rakesh Jhunjhunwala hikes stake in Karur Vysya Bank : 27.07.2020


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Rakesh Jhunjhunwala hikes stake in Karur Vysya Bank : 27.07.2020


Rakesh Jhunjhunwala hikes stake in Karur Vysya Bank : 27.07.2020

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Earnings Today : 27.07.2020

Earnings Today : 27.07.2020


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Earnings Today : 27.07.2020


Earnings Today : 27.07.2020

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Two way Trading Strategy @ 9.58 Am : 27.07.2020

Two way Trading Strategy @ 9.58 Am : 27.07.2020


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Two way Trading Strategy @ 9.58 Am : 27.07.2020


Two way Trading Strategy @ 9.58 Am : 27.07.2020

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Free Stock Option tips (Call and Put) - RupeeDesk Free Indian stocks Option tips ,Nifty Options Tips,Free stock Call Option and free stock put options, Nifty Put Option with 90% accuracy Free Stock and Nifty Tips, Live Option Market Quotes,Online Option Trading Tips,Stock,rupeedesk Option Tips, Prices,Nifty Option Quotes. (Contact: 9094047040/9841986753/ 044-24333577, www.rupeedesk.in)