Post Market Analysis 26-10-2021

Benchmark Indian indices closed higher as metal, auto, realty  stocks gained. The Sensex was 0.63% higher at 61350.26 and Nifty was 0.63% higher at 18268.40

Nifty Auto index was up by 2.00% and Nifty IT closed 1.33% higher. 

Indian rupee fell 12 paise to close at 74.95 against the US dollar.

Stock in News Today

RPSG: The company share price added over 5 percent intraday on October 26 touching its 52week hign and closed at 5.43% lower after RP-Sanjiv Goenka Group (RPSG) won the bid to buy the Lucknow team in the Indian Premier League. 

Indus Towers: The company share price opened 2 percent higher on October 26, a day after the telecom infrastructure firm reported a 38 percent rise in consolidated net profit to Rs 1,559 crore for September 2021 quarter.

Zee Entertainment: Its share price rose 7 percent intraday on October 26 as the Bombay High Court granted injunction against calling extra ordinary general meeting (EGM) today in the Zee Entertainment-Invesco row. 

Adani group:  Nalinda Ilangakoon, Vice Chairman of CEB said The company  has yesterday explored the possibility of investing in Sri Lanka’s wind and renewable energy sector

Canara Bank: The Bengaluru-based public sector lender asset quality showed a slight improvement in September quarter as its gross NPAs came in at 8.42% versus 8.50% in the previous quarter. The profit in second quarter got a boost from 38 per cent jump in other income which came in at ₹ 4,268 crore.