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.