Pre Market Analysis 19-7-2021

Market opening - An Overview

Nifty futures on Singapore Exchange traded 213.95 points, or 1.34 per cent, Lower at 15,724.80 signaling that Dalal Street was headed likely to have a negative opening on Monday.

The Indian rupee traded 74.56 against the US currency on Friday

Shares in News today:

HDFC Bank: The bank reported higher standalone profit at Rs 7,729.64 crore in Q1FY22 against Rs 6,658.62 crore in Q1FY21, net interest income rose to Rs 17,009 crore from Rs 15,665.42 crore YoY.

Just Dial: Reliance Retail Ventures, the subsidiary of Reliance Industries, will take controlling stake in Just Dial for Rs 3,497 crore.

L&T Finance Holdings: The company reported profit at Rs 177.85 crore in Q1FY22 against Rs 148.31 crore in Q1FY21, revenue fell to Rs 3,140.12 crore from Rs 3,387.06 crore YoY.

Tata Power Company: The company joined hands with HPCL to set up electric vehicle charging stations at its petrol pumps across the country.

United Spirits: Recovery Officer I DRT II (Debt Recovery Tribunal) sold 1,13,50,722 equity shares in the company at Rs 630.93 per share on the BSE, the bulk deals data showed. The deal was worth Rs 716 crore.