Market Opening - An Overview
Nifty futures on Singapore Exchange were trading 0.26% higher at 15,783, signalling that Dalal Street is likely to open positively on Wednesday.
Indian rupee slipped 5 paise to 74.47 against the US dollar.
Asian shares opened lower in early trade on Wednesday, a day after Wall Street indices closed down as market participants await cautiously for the Fed’s monetary policy decision.
Upcoming Earnings
Maruti Suzuki India, Nestle India, ABB India, Happiest Minds Technologies, Birlasoft, Coforge, Embassy Office Parks REIT, Heritage Foods, IDBI Bank, Pfizer, Radico Khaitan, Ramco Systems, Route Mobile, Tata Coffee, TCI Express, TeamLease Services, United Breweries, UTI Asset Management Company and Welspun India
FII/DII trading data on Tuesday (27-07-2021)
Category | Buy Value | Sell Value | Net Value |
FII/FPI | 8522.42 | 9981.5 | -1459.08 |
DII | 6332.46 | 5602.5 | 729.96 |
- All numbers are in INR crore
Stocks in News Today
InterGlobe Aviation: Owners of Indigo Airlines posted a net loss of Rs 3174.2 crore in Apr-Jun quarter of FY22, compared with a loss of Rs 2844.3 crore in the corresponding period of FY21. The company’s operating revenue jumped 292% to Rs 3006.9 crore in the quarter, from Rs 766.7 crore in the year-ago period. Its free cash balance declined 25% to Rs 5620.7 crore in Q1 of FY22, from Rs 7527.6 crore.
IndusInd Bank: The private sector bank’s consolidated profit rose 99% to Rs 1016 crore for the quarter ended June in FY22, as against Rs 510 crore in the same period of last year. Its net interest income increased to Rs 3564 crore in the quarter, from Rs 3309 crore in the year-ago period. The lender’s net NPA edged down to 0.84% in the quarter, from 0.86% in Q1 of FY21.
Dalmia Bharat: The company reported a higher net profit of Rs 238 crore in Q1 of FY22, up 26.6% from the same period last year. The company’s consolidated operating revenue increased 36% to Rs 2589 crore in the quarter, from Rs 1901 crore in the year-ago period. Its sales volume increased 33% to 4.89 MT in Q1 of FY22, from 3.66 MT in the year-ago period.
Granules India: The drugmaker’s consolidated net profit increased 8% to Rs 120 crore in Apr-Jun quarter of FY22, from Rs 111 crore in the same period of FY21. Its operating revenue improved to Rs 850 crore in the quarter, from Rs 736 crore in the corresponding quarter of last year. In its filing, the company’s board of directors has declared an interim dividend of 25 paise per equity share of Re 1 each.