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Flattrade Kosh > Morninger > Pre Market Analysis 05-7-2021
Morninger

Pre Market Analysis 05-7-2021

Posted by Manoj Kumar July 5, 2021
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Gift Nifty indicates a positive start for the Indian stock indices; The US markets ended mixed; The Asian markets traded higher

Market opening - An Overview

Nifty futures on Singapore Exchange traded 72.30points, or 0.46 per cent, Higher at 15,819.50 signaling that Dalal Street was headed likely to have a positive opening on Monday.

The Indian rupee traded 74.53 against the US currency on Saturday. 

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Avenue Supermarts: Its standalone revenue from operations stood at Rs 5,031.75 crore in Q1FY22, increasing from Rs 3,833.23 crore in the corresponding quarter of last fiscal. The total number of stores as of June 30, 2021 stood at 238.

HCL Technologies: The company announced a multi-year agreement with Fiskars Group, consisting of a family of lifestyle brands including Fiskars, Gerber, Iittala, Royal Copenhagen, Waterford and Wedgwood, for digital transformation.

CSB Bank: Total provisional deposits in June quarter 2021 at Rs 18,652.80 crore increased by 14.17% YoY, and gross advances grew by 23.71% to Rs 14,146 crore including advances against gold & gold jewellery that increased 46.16% to Rs 5,617.68 crore YoY.

Aarey Drugs & Pharmaceuticals: The company reported profit at Rs 1.4 crore in Q4FY21 against Rs 0.99 crore in Q4FY20, revenue rose to Rs 178.25 crore from Rs 110.68 crore YoY.

Nagarjuna Fertilizers and Chemicals: The company reported consolidated loss at Rs 218.99 crore in Q4FY21 against loss of Rs 134.15 crore in Q4FY20, revenue fell to Rs 401.06 crore from Rs 425.3 crore YoY.

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Manoj Kumar July 5, 2021
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