SGX Nifty futures were trading 0.14% higher at 16,334, signalling that Dalal Street was headed for a positive start on Friday.
Indian Rupee gained 2 paise and closed slightly higher at 74.17 against the US dollar on Thursday.
Meanwhile, investors awaited the Reserve Bank of India’s (RBI) policy decision which is due later on Friday for further cues.
Asian shares opened higher on Friday, tracking gains on Wall Street on the back of a swifter economic recovery after data showed declining jobless claims in the US.
FII/DII trading data on Thursday (05-08-2021)
|Category||Buy Value||Sell Value||Net Value|
|*All numbers are in INR crore|
Hindalco Industries, NALCO, Piramal Enterprises, SAIL, Tata Power Company, Mahindra & Mahindra, Abbott India, AU Small Finance Bank, BASF India, Bharat Electronics, BEML, Berger Paints India, Graphite India, Indigo Paints, JK Tyre & Industries, Metropolis Healthcare, Aarti Industries, Alkem Laboratories, Anupam Rasayan India, APL Apollo Tubes, Balkrishna Industries, Muthoot Finance, Torrent Power, Ujjivan Small Finance Bank, Voltas, and Zee Entertainment Enterprises
Stocks in News Today
Cipla: The pharma company posted a 24% increase in its consolidated net profit of Rs 715 crore in Apr-Jun quarter due to strong sales growth in India and robust API business. The company’s operating income rose 27% to Rs 5504 crore in the quarter. The Indian business jumped 68% to Rs 2710 crore boosted by higher demand for its COVID-19 medicines. Its EBITDA rose 28% to Rs 1346 in the first quarter.
GAIL: The company posted a 235% increase in consolidated net profit of Rs 2,157.15 crore in Apr-Jun quarter, as against Rs 643 crore profit in the corresponding quarter of last year. It reported a higher total revenue of Rs 17,702.43 crore in the quarter, from Rs 12,339.12 crore in the year-ago period. The company said that the higher profits were due to better performance in natural gas marketing and improved margin in gas marketing.
Adani Power: The company reported a consolidated net profit of Rs 278.22 crore in the first quarter of FY22, compared with a consolidated net loss of Rs 682.46 crore in the year-ago quarter. The thermal power producer’s total income rose to Rs 7,213.21 crore in the quarter, from Rs 5,356.19 crore in the year-ago period. It sold 16.2 billion units (BU) of power in Q1 of FY22, as compared to 12.7 BU in the corresponding period last year.
Tata Chemicals: The company reported a significant jump in its consolidated net profit at Rs 342.22 crore in the first quarter of FY22, as against Rs 74.15 crore in the year-ago period. The company’s operating income increased 27% to Rs 2977 crore in the quarter, from Rs 2348 crore in the same period last year. Its Basic Chemistry Products and Specialty Products businesses rose 30% to Rs 2173 crore and 18% to Rs 797 crore, respectively.
Indiabulls Housing Finance: The company’s consolidated net profit edged up 3.3% to Rs 282 crore in the first quarter of FY22, from Rs 273 crore in the year-ago period. The net interest income rose to Rs 765 crore, from Rs 731 crore in the corresponding period last year. Gross NPA increased to 2.86% in Q1 of FY22, from 2.20% in the same period last year.
Adani Transmission: The company’s consolidated net profit increased 22% to Rs 433.24 crore in Apr-Jun quarter of FY22, compared with Rs 355.40 crore in the year-ago period. The company posted a rise in its total income to Rs 2,935.72 crore in the quarter, from Rs 2,542.84 crore in the same period last year. The company sold 2036 units, up 18% as power demand rose.