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Market opening - An Overview
Nifty futures on the Singapore Exchange traded 37.50 points, or 0.24 per cent, higher at 15,617.50 signaling that Dalal Street was headed for a positive start on Tuesday.
The Indian rupee gain by 9 paise to close at 72.53 against the US currency on Monday, Rupee traded weak on the back of dollar strength picking up from lower levels of $89.80 to $90.10 giving some reversal formation for the dollar index.
Shares in News today:
Glenmark Pharma: The company has reported a 6.15 percent rise in its consolidated net profit to Rs 233.87 crore for the quarter ended March 2021.The company had posted a net profit of Rs 220.30 crore in the corresponding period of the previous fiscal.Its consolidated revenue from operations stood at Rs 2,859.9 crore versus Rs 2,767.5 crore YoY.
Bajaj Auto: Domestic sales jumped 52 percent to 60,830 units against 40,074 units in May 2020. Its total 2-wheeler sales were at 2.40 lakh units against 1.13 lakh units year ago. The automaker reported exports of 2.11 lakh units against 87,054 units in May 2020.The total 3-wheeler sales stood at 31,308 units against 14,330 units in May 2020 while the total sales came in at 2.72 lakh units against 1.27 lakh units year-ago.
Aurobindo Pharma: The company on May 31 reported a 7.2 percent year-on-year (YoY) fall in consolidated net profit for the January-March quarter of FY21 at Rs 801.6 crore. The company had reported a net profit of Rs 864 crore in the corresponding quarter of the previous financial year.