{"id":2648,"date":"2021-08-10T16:12:58","date_gmt":"2021-08-10T10:42:58","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=2648"},"modified":"2021-08-10T16:23:54","modified_gmt":"2021-08-10T10:53:54","slug":"post-market-analysis-10-08-2021","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/post-market-analysis-10-08-2021\/","title":{"rendered":"Post Market Analysis 10-08-2021"},"content":{"rendered":"\t\t
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Indian equities managed to end higher led by gains in technology stocks and a few heavyweight stocks after a volatile session on Tuesday. The Sensex ended 0.28% higher at 54,554.66 and Nifty closed 0.13% up at 16,280.10.<\/p>

During the day, the BSE Sensex index plunged 471 points from a fresh record high of 54,779.6\u00a0in intraday trade. In broader markets, SmallCap and MidCap indices in BSE lost 2.05% and 0.85%, respectively.<\/p>

Nifty IT index rose 0.87%, while top gainers in Nifty were Bharti Airtel (3.83%), Tech Mahindra (2.77%), Kotak Mahindra Bank (1.82%), HDFC (1.82%), M&M (1.46%), HCL Tech (1.25%).<\/p>

Indian rupee weakened against the US dollar and lost 20 paise to end at 74.46.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Earnings Update<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Motherson Sumi Systems Ltd<\/strong>: Auto components maker showed a consolidated net profit of Rs 367.65 crore in the Apr-Jun quarter of FY22, as against a consolidated net loss of Rs 1,121.60 crore in the year-ago period. The company\u2019s consolidated total revenue rose to Rs 16,157.35 crore in the quarter, compared with \u00a0Rs 8,348.35 crore in the corresponding period last year.<\/p>

Jindal Steel and Power Ltd<\/strong>: The steel maker reported a multi-fold jump in its consolidated net profit of Rs 2,516 crore\u00a0for the quarter ended June of FY22, from Rs 236 crore\u00a0in the year-ago period. Its total income rose to Rs 10,643.17 crore, from Rs 6,519.27 crore in the year-ago period. The company\u2019s total expenses stood at Rs 7,233.55 crore, as against Rs 6,147.90 in the same period last year.<\/p>

Coal India<\/strong>: The mining company posted a 52.4% rise in its consolidated net profit to Rs 3,169.85 crore in Apr-Jun quarter of FY22, from \u20b92,078 crore in the year-ago period. The company\u2019s operating revenue showed a 37% \u00a0increase to Rs 25,282.15 crore in the quarter, as against Rs 18,487 crore in the same period last year.

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\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tOpen a Free Demat Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Indian equities managed to end higher led by gains in technology stocks and a few heavyweight stocks after…","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[44],"tags":[46,43,48,26,47],"class_list":{"0":"post-2648","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-eveninger","7":"tag-market-news","8":"tag-market-update","9":"tag-nifty-today","10":"tag-nse","11":"tag-sensex-today","12":"cs-entry","13":"cs-video-wrap"},"yoast_head":"\nPost Market Analysis 10-08-2021 - Flattrade Kosh<\/title>\n<meta name=\"description\" content=\"Indian equities managed to end higher led by gains in technology stocks and a few heavyweight stocks after a volatile session on Tuesday. 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