Pre Market Analysis 15-7-2021

Market opening - An Overview

Nifty futures on Singapore Exchange traded 30.40 points, or 0.19 per cent, Lower at 15,888.50 signaling that Dalal Street was headed likely to have a positive opening on Thursday.

The Indian rupee traded 74.58 against the US currency on Wednesday

Shares in News Today:

Infosys: The company reported higher profit at Rs 5,195 crore in Q1FY22 against Rs 5,076 crore in Q4FY21, revenue rose to Rs 27,896 crore from Rs 26,311 crore QoQ.

L&T Technology Services: The company reported higher profit at Rs 216.2 crore in Q1FY22 against Rs 194.5 crore in Q4FY21, revenue rose to Rs 1,518.4 crore from Rs 1,440.5 crore QoQ.

Max India: Equity Intelligence India sold 3 lakh equity shares in the company at Rs 75.6 per equity shares on the NSE, and Ratnabali Securities offloaded 4,23,048 equity shares in the company at Rs 74.33 per share, the bulk deals data showed.

Bodal Chemicals: Samyaktva Construction LLP acquired 3 lakh equity shares (0.24 percent stake) in the company via open market transaction on July 14, increasing stake to 5.51 percent from 5.27 percent earlier.

Sadbhav Engineering: SBI Funds Management sold 3,14,751 equity shares in the company via open market transaction on July 13, reducing shareholding to 3.06 percent from 3.25 percent earlier.