SGX Nifty futures were trading 0.19% higher at 16,325, signalling that Dalal Street is likely to open higher on Thursday.
The Indian rupee ended flat at 74.44 against the US dollar on Wednesday.
Most Asian shares opened lower in early trade on Thursday as worries over the spread of the Delta variant of the coronavirus weighed on investor sentiments. MSCI’s broadest index of Asia-Pacific shares excluding Japan fell 0.25%, dragged by a 0.24% drop in index representing Chinese bluechip stocks. The Hong Kong benchmark also slipped 0.2%, while Japan’s Nikkei index rose 0.35%.
The Dow Jones rose 0.62% and S&P 500 gained 0.25% on Wednesday after data showed US consumer price increased at a slow rate in July, easing concerns that the Federal Reserve will scale back of bond purchases sooner.
FII/DII Trading Data on Wednesday (11-08-2021)
Category | Buy Value | Sell Value | Net Value |
FII/FPI | 7301.31 | 7063.17 | 238.14 |
DII | 6592.55 | 6386.27 | 206.28 |
*All numbers are in INR crore |
Upcoming Earnings
Tata Steel, Eicher Motors, Hero MotoCorp, IRCTC, Page Industries, Aurobindo Pharma, BPCL, Oil India, Ashok Leyland, Bharat Forge, Avanti Feeds, Clariant Chemicals (India), Dish TV India, Engineers India, Finolex Cables, Gujarat Pipavav Port, GR Infraprojects, HCC, HUDCO, Ind-Swift Laboratories, IRCON International, JB Chemicals, KNR Constructions, Matrimony.com, Max India, Mazagon Dock Shipbuilders, Minda Corporation, Natco Pharma, NMDC, Power Finance Corporation, RailTel Corporation of India, RCF, Redington (India), RITES, Schneider Electric Infrastructure, Sundram Fasteners, Suryoday Small Finance Bank, Thyrocare Technologies, Trident and Ujjivan Financial Services
Stocks in News Today
Pidilite Industries: Fevicol maker posted a profit after tax of Rs 217.6 crore in Q1FY22, up from Rs 15.8 crore in Q1FY21. Its operating revenue rose to Rs 1936.8 crore in the quarter, up 121% from Rs 877.8 crore in the year-ago period. Total expenses stood at Rs 1655.45 crore in Q1FY22, from Rs 866.64 crore in Q1FY21.
PTC India: The company posted a 36% rise in its consolidated net profit to Rs 136.17 crore in Apr-Jun quarter, as against a net profit of Rs 100.06 crore in the year-ago period. Its total income rose to Rs 4,959.99 crore during the quarter, from Rs 4,641.28 crore in the same period last year. Total expenses also reduced to Rs 4,777.10 crore, compared with Rs 4,499.51 crore a year ago.
Bata India: The footwear maker’s net loss narrowed to Rs 69.47 crore in the first quarter of FY22, from a net loss of Rs 100.88 crore in the year-ago period. Its operating revenue jumped 98% to Rs 267.05 crore in the quarter, from Rs 135.08 crore in the same period of last year. Total expenses stood at Rs 371.61 crore in the quarter, as against Rs 321.85 crore in the corresponding quarter last year.
Force Motors Ltd: The commercial vehicle maker’s consolidated net loss declined to Rs 4.36 crore in Q1FY22, from Rs 65 crore in Q1FY21. Its operating revenue rose to Rs 643.33 crore in the quarter, from Rs 186.40 crore in the year-ago period.
Rupa & Company Ltd: The company posted a 32% rise in net profit at Rs 27 crore in Q1FY22, from Rs 20.6 crore in Q1FY21. The company revenue increased marginally to Rs 218 crore in the quarter, from Rs 209.5 crore in the year-ago period.