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Flattrade Kosh > Eveninger > Post Market Analysis 08-06-2021
Eveninger

Post Market Analysis 08-06-2021

Posted by Manoj Kumar June 8, 2021
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Benchmark indices ended on a negative note; Broader market indices underperformed Benchmark indices; Capital goods sector performed the worst among the sectoral indices

Market Analysis

Indian Indexes SENSEX and NIFTy traded lower on June 08 pulled down by the  losses in banking, metal and heavyweight RIL. Financials and pharma stocks closed in the red, weighing on the sentiment. At 3.30  pm, Sensex fell by -0.10 % or 52.94 points to 52,275. The Nifty slipped by 0.07% or 11 points to 15,740.

Rupee opens marginally higher at 72.78 per dollar

Top Share News

Jindal Steel & Power |  JINDALSTEL (401.75   -0.74%): Jindal Steel & Power Limited (JSPL), reported growth of 31% to 13.71 lakh tonnes in FY22.. Steel sales also increased by 7% YoY to 10.58 lakh tonnes. 

JK Tyre & Industries | JKTYRE (139.50  1.71%): As per media, the company is working on enhancing operations to enhance capacity amid an expected surge in demand post the second wave of the pandemic. The company will invest Rs 100 crore in maintenance expenses and an additional Rs 200 crore to debottleneck operations over the next two years.

Infosys | INFY (1,412.95 1.68%): Infosys announced a collaboration with Archrock (the leading provider of natural gas compression services in the US) to integrate digital technologies and mobile tools for its field service technicians.

EARNING NEWS

Titagarh Wagons Q4 net profit at Rs. 0.8 crore, Q4 earnings for the Quarter ended March 31, 2021

Suven Pharma Q4 net profit rises by 12.1% YoY ,Q4 earnings for the Quarter ended March 31, 2021

Hester Biosciences Q4 net profit at Rs. 9.7 crore ,Q4 earnings for the Quarter ended March 31, 2021

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Manoj Kumar June 8, 2021
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