Nifty View:
- 15,600 which was crucial support for the last many weeks been neglected now. Any violation of 15,575 may trigger more falls towards 15,500 and 15,450.
- A bull momentum can only come into play if nifty goes above 15,700. Then we can expect 15,800 followed by 15,850.
- Being expiry day it is tough to predict the direction of movement. Even though watch for stock-specific actions.
- Watch for HDFC and HDFC BANK recovery for any bullishness. Also, heavyweights like BAJAJ FIN can decide the action tomorrow.
Stocks In News:
- Bajaj Finance Net Profit Falls 3% To Rs 843 Crore In June Quarter. Bajaj Finance Q1 Results: The company's total revenue from operations in the first quarter of the current fiscal stood at Rs 5,915.90 crore, compared to Rs 5,900.63 crore in the year-ago period.
- Voda Idea & Bharti Airtel: SC to pronounce judgment on Airtel, Voda-Idea plea seeking recomputation of AGR dues on July 22.
- GRANULES India Informs Their U.S Subsidiary Clears U.S FDA Audit undergone from 21 June to 25 June.
- CEAT: Revenue from operations rose to Rs 1,906 crore in the first quarter as compared with Rs 1,120 crore in the same period of the previous fiscal year.
- CDSL: CDSL moves to T2T 5% Circuit.
- STERLITE TECH: PRYSMIAN Says has Started Proceeding for patent Infringement in U.K high court against co.
- Sources say: Reverse merger of IDFC Ltd with IDFC Bank Ltd now possible. The merger proposal can now be submitted to RBI for its approval. IDFC Ltd holds 36.56% in IDFC First Bank.
- Wipro: Wipro to infuse $1 billion over next 3 years to expand cloud capability.
Major Corporate Results on 22.07.21:
- Ultratech Cement
- Bajaj Auto
- ICICI Lombard
- HUL
