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Nifty View:
SGX Nifty indicates a positive opening for Nifty.
Global Markets are indicating a Mixed bias.
34 of Nifty 50 stocks had closed in Green last day. Foreign institutional investors (FIIs) bought net shares worth Rs 937 crore, while domestic institutional investors (DIIs) net sold shares worth Rs 431 crore.
Key support to Nifty is placed at 18,100 followed by 18,040. Important resistance at 18,250 followed by 18,330.
Stock In News:
MINDTREE, WIPRO, INFOSYS :
INFOSYS Q2 : Net Profit Up 4 % To Rs 5421 cr (QOQ), Up 12 % YOY, Revenue Up 6 % To Rs 29602 cr (QOQ), Up 20 % YOY
MINDTREE: Q2 CONS NET PROFIT 3.99B RUPEES VS 2.54B (YOY); EST 3.4B | 3.43B (QOQ) , Q2 REVENUE 25.86B RUPEES VS 19.26B (YOY); 23B (QOQ), INTERIM DIVIDEND 10 RUPEES PER EQUITY SHARE
Wipro Q2 : Net Profit Down 9 % To Rs 2930 cr (YOY), Up 18 % (QOQ), Revenue Up 7 % To Rs 19674 cr (QOQ)
Westlife Development: The company will add 150-200 stores and invest Rs 800-1,000 crore across the business over the next 3-4 years. All these initiatives are expected to create 6,000-8,000 direct and indirect jobs in the industry
Unistar Multimedia Ltd to consider preferential issue, rights issue on Oct 22, 2021
METAL STOCKS: Global Price Surge
HIND ZINC Nyrstar will cut production by up to 50% at its three European zinc smelters
Production cut from soaring price of electricty
UltraTech Cement: The company commissioned 1.2 mtpa cement capacity in October 2021
KEC International: The company has completed the acquisition of Spur Infrastructure and hence it is now a wholly owned subsidiary of the company
U GRO Capital: ZipLoan and U GRO Capital enter co-lending partnership, INR 50 crore committed towards the program
D B Realty: Co Says Income Tax Authorities Carried Out Search And Seizure Operations At Premises Of Co/Kmps From Oct 7 Upto Oct 12
Bayer Cropscience: Approved Sale Of Its Traded Seeds Business At Patancheru, Telangana To Crystal Crop Protection Ltd
Welspun India: A Launches One Of The Largest Traceability And ESG Transparency Rollouts In The Textile Industry With Wel-Trak 2.0 Blockchain
NLC India: Making Efforts To Ramp Up Coal Output From Odisha Mine
D B Realty: Says Income Tax Authorities Carried Out Search And Seizure Operations At Premises Of Co/Kmps From Oct 7 Upto Oct 12
Dish TV India: The company’s board has agreed that the EGM cannot be called as sought by Yes Bank. The board has also instructed the management to send a detailed response to the bank
