{"id":7260,"date":"2021-11-11T06:46:57","date_gmt":"2021-11-11T01:16:57","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=7260"},"modified":"2021-11-11T11:44:03","modified_gmt":"2021-11-11T06:14:03","slug":"pre-market-nifty-sensex-may-open-lower-zomato-maruti-suzuki-and-berger-paints-in-focus-today","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/pre-market-nifty-sensex-may-open-lower-zomato-maruti-suzuki-and-berger-paints-in-focus-today\/","title":{"rendered":"Pre Market: Nifty, Sensex may open lower; Zomato, Maruti Suzuki and Berger Paints in focus today"},"content":{"rendered":"\t\t
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Market Opening - An Overview<\/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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SGX Nifty futures were trading 0.29% lower at 17,958, signalling that Dalal Street was headed for a lower opening on Thursday.\u00a0<\/p>

Asian markets were trading higher after the markets opened lower in early trade on Thursday on concerns over tighter monetary policy due to rising inflation. Japan’s Nikkei was up 0.72%, Topix rose 0.49%, Hang Seng edged up 0.18% and CSI 300 climbed 0.75%.<\/p>

The Indian rupee fell 32 paise to close 74.37 against the US dollar on Wednesday.<\/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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Upcoming Earnings<\/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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Tata Steel, Balkrishna Industries, Bharat Dynamics, Engineers India, Godrej Consumer Products, HUDCO, Natco Pharma, NHPC, NMDC, Power Finance Corporation, Prestige Estates Projects, RailTel Corporation, Suryoday Small Finance Bank and Zee Entertainment Enterprises<\/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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FII\/DII trading data on Wednesday (10-11-2021)<\/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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Category<\/strong><\/td>Buy Value<\/strong><\/td>Sell Value<\/strong><\/td>Net Value<\/strong><\/td><\/tr>
FII\/FPI<\/strong><\/td>9112.99<\/td>9582.49<\/td>(469.5)<\/td><\/tr>
DII<\/strong><\/td>6903.17<\/td>6136.22<\/td>766.95<\/td><\/tr>
*All numbers are in INR crore<\/td><\/tr><\/tbody><\/table>\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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Stocks in News Today\n<\/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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Zomato<\/strong>: The food delivery company registered a consolidated net loss of Rs 434.9 crore in Q2FY22, compared with a net loss of Rs 229.8 crore in the same period last fiscal. Consolidated operating revenue rose to Rs 1024.2 crore in the quarter from Rs 426 crore in the year-ago period. The rise in losses were attributed to higher costs related to branding and marketing, customer acquisition, delivery and fuel prices.<\/p>

Maruti Suzuki<\/strong>: The country\u2019s largest carmaker launched a new version of premium hatchback Celerio with a fuel efficiency claim of 26.68 kilometre per litre. The new model has a base price of Rs 4.99 lakh. The car comes with the next-generation K10C engine.<\/p>

GIC Re<\/strong>: The reinsurance company\u2019s net profit jumped 4 times to Rs 1010.55 crore in Q2FY22 from Rs 230.05 crore in the year-ago period. The company’s gross premium fell to Rs 8,374.72 crore in the second quarter of FY22 from Rs 10,651.50 crore in the year-ago period.<\/p>

Berger Paints<\/strong>: The company\u2019s consolidated net profit slipped 1% to Rs 219.21 crore in Q2FY22 from Rs 221.05 crore in the year-ago period. Its operating revenue stood at Rs 2225.01 crore in Q2FY22 from the Rs 1742.55 crore in the year-ago period. Cost of raw materials consumed doubled to Rs 1303.21 crore in the quarter from Rs 750.30 crore in the year-ago period.<\/p>

Birla Corp<\/strong>: The company\u2019s net profit fell 48.5% to Rs 86 crore in Q2FY22 from Rs 167 crore in the year-ago period. The decline in net profit was attributed to lower demand in core markets combined with higher expenses. Revenue rose 2.1% YoY to Rs 1711 crore. Demand was affected in its main markets such as Uttar Pradesh and Bihar due to monsoon and lower construction activity due to shortage of sand.<\/p>

Eveready Industries<\/strong>: The company\u2019s second-quarter consolidated net profit fell 45.75% to Rs 31.04 crore in FY22 from Rs 57.22 crore in the year-ago period. Its operating revenue was down 4% YoY to Rs 357.5 crore in Q2FY22. The decline was attributed to lower consumption of Covid-related medical devices using higher-margin batteries and lower flashlight business due to dumping of similar products by China.<\/p>

Firstsource Solutions<\/strong>: The company\u2019s consolidated net profit rose 28.3% to Rs 135 crore from Rs 105.2 crore in the year-ago period. Its operating revenue increased 20.3% to Rs 1418.2 crore in Q2FY22 from Rs 1178.3 crore in the year-ago period. Firstsource said it has the acquired The StoneHill Group, a US-based mortgage services provider.<\/p>

Tata Tele Maharashtra<\/strong>: The company\u2019s net losses declined to Rs 313.6 crore in Q2FY22 from Rs 341.1 crore in the same period last year. Its total income rose 4.6% YoY to Rs 271.33 crore. The company along with Tata Tele Business Services Ltd. Recently decide to opt for the deferment of its AGR (adjusted gross revenue)-related dues by four years.<\/p>

DLF<\/strong>: The realty company plans to expand its business by developing six new retail properties across major cities comprising 2.3 million square feet area. DLF will develop three premium neighbourhood plazas — Summit Plaza in DLF 5, Gurugram, Midtown Plaza in Moti Nagar, Delhi, and New Gurgaon Plaza in Sector 91, Gurugram. Two office retail spaces are being developed — The Hub in Chennai and Cyber Park in Gurugram. It will also enter Goa with Patto Plaza, a premium shopping mall with 0.3 million square feet.<\/p>

Equitas Holdings<\/strong>: The company\u2019s consolidated net profit rose to Rs 44.28 crore in Q2FY22, up 44.28% from Rs 105.8 crore in the year-ago period. Total revenue jumped to Rs 999.21 crore in Q2FY22 from Rs 878.77 crore in the same period a year ago.<\/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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\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":"Market Opening – An Overview SGX Nifty futures were trading 0.29% lower at 17,958, signalling that Dalal Street…","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":[42],"tags":[46,43,78,26,77,251,24,23],"class_list":{"0":"post-7260","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-morninger","7":"tag-market-news","8":"tag-market-update","9":"tag-nifty","10":"tag-nse","11":"tag-sensex","12":"tag-sgx-nifty-futures","13":"tag-share-market","14":"tag-stock-market","15":"cs-entry","16":"cs-video-wrap"},"yoast_head":"\nPre Market: Nifty, Sensex may open lower; 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