Pre Market Analysis 03-08-2021

Nifty futures on Singapore Exchange were trading 0.21% lower at 15,877.20, signaling that Dalal Street was headed for a negative start on Tuesday.

The Indian indices closed higher on Monday forming a bullish candle with a longer lower wick and small body at the top on the daily time frame of technical chart.  

Indian Rupee gained 7 paise to close higher at 74.34 against the US dollar. 

Indian merchandise export rose 47.91% to $35.17 billion in July 2021, as against $23.78 billion in July 2020. For the quarter ended June 2021 exports jumped 73.51% $130.53 billion, as against $75.10 billion in the year-ago period, according to government data. Merchandise imports stood at $46.4 billion in July 2021.

Asian shares were mixed as Hong Kong equities opened slightly above Monday’s close and Japanese shares opened lower on Tuesday.


FII/DII trading data on Monday (02-08-2021)

CategoryBuy ValueSell ValueNet Value
FII/FPI6550.898090.77(1539.88)
DII6478.184972.361505.82
*All numbers are in INR crore

Upcoming Earnings

Adani Enterprises, Adani Ports and Special Economic Zone, Bharti Airtel, Tata Consumer Products, Bajaj Healthcare, Bank of India, Barbeque-Nation Hospitality, CARE Ratings, Dabur India, Dhampur Sugar Mills, ELGI Equipments, Everest Industries, Godrej Properties, IIFL Wealth Management, Inox Leisure, Indian Overseas Bank, Kajaria Ceramics, Kalpataru Power Transmission, Neuland Laboratories, NOCIL, Shipping Corporation of India and Transport Corporation of India


Stocks in News Today

Punjab National Bank: The public sector bank posted a 231% jump in its net profit to Rs 1023.46 crore in Apr-Jun quarter of FT22, from Rs 308.45 in the year-ago period. Total income fell to Rs 22,515 crore in the quarter, from Rs 24,292.80 crore in the corresponding quarter of last year. Interest income fell to Rs 18,921 crore, from Rs 20,638 crore. Its gross NPA stood at 14.33% for the quarter ended June, as against 14.11% in the same period of last year.

RBL Bank: The private sector lender posted a net loss of Rs 459.47 crore for the quarter ended June of FY22, compared with a profit of Rs 141 crore in the year-ago period. Its gross NPA stood at 4.99% in the quarter, as against 4.34% in the corresponding of last year. The company reported a decline of 7% in net interest income to Rs 970 crore an net interest margin stood at 4.4%.