Page 679 - Si Reporter

MARKET: Sensex slips 422 pts amid a sell-off in RIL; Nifty ends at 11,203

All that happened in the markets today

Dr Reddy's Labs advances 4%, hits a record high on healthy Q1 numbers

The company's consolidated revenues rose 15 per cent to Rs 4,418 crore, mainly due to growth in US formulations

Nifty PSU Bank index rallies 4% ahead of PM Narendra Modi's review meeting

UCO Bank, Central Bank of India and Bank of Maharashtra surged more than 5%, while Bank of India, Union Bank of India, PNB, IOB, Bank of Baroda and SBI were up in the range of 2% to 4% on the NSE

Cement stks extend gains on strong performance by sector majors in June qtr

JK Lakshmi Cement, UltraTech Cement, HeidelbergCement India, Dalmia Bharat and JK Cement were up in the range of 2 per cent to 4 per cent on the BSE

Nestle India slips 3% post June quarter nos; here's what brokerages say

The company reported an 11.14 per cent increase in net profit at Rs 486.60 crore for the quarter ended June 2020, helped by an increase in sales.

NIIT Technologies surges 7%, nears 52-week high post June quarter results

The company secured fresh business of $186 million during the quarter, which included a large deal along with two more significant deals

IndusInd Bank soars 7% on in-line June quarter result, capital raising plan

The lender's Board approved to raise capital, via preferential issue, of up to Rs 3,288 crore.

Tata Coffee soars 16% as net profit grows 77% YoY in June quarter

Consolidated total income, on the other hand, rose 26 per cent year-on-year (YoY) at Rs 592 crore

Stocks to watch: Maruti, Bharti Airtel, IndiGo, Nestle, RBL Bank, TVS Motor

Here's a list of stocks that may remain in focus today

Indices end near day's high, Sensex up 558 pts; UltraTech Cement jumps 7%

All that happened in the markets today

UltraTech Cement surges 7% on strong operational performance in Q1

Consolidated Ebitda margins improved to 31 per cent in Q1FY21 from 27 per cent in the corresponding quarter of previous year

These stocks from Ashish Kacholia's portfolio gained over 100% since April

Of the 16 mid and smallcap companies, where Kacholia held over 1% stake, 13 have outperformed the market during the current financial year

YES Bank shares fall below FPO price of Rs 12; stock slips 58% in 13 days

The stock slipped 10% to Rs 11.10 levels in early morning trade on the BSE.

HDFC Life Insurance hits all-time high ahead of inclusion in Nifty50 index

HDFC Life Insurance will replace Vedanta in the Nifty50 index with effect from Friday, July 31, 2020

Tech Mahindra surges 6% as June quarter earnings beat Street estimates

Going forward, analysts expect a ramp up of large deals won in the previous quarters and improvement in deal wins in coming quarters to drive Tech Mahindra's revenues

Stocks to watch: Tech Mahindra, Bharti Infratel, Nestle, Pfizer, USL, ITC

Here's a list of stocks that may remain in focus today.

Nifty IT index hits record high; Infosys, TCS, HCL Tech gain over 2%

Thus far in the month of July, the Nifty IT index has outperformed the market by surging 19 per cent as against Nifty 50 index which was up 8.25 per cent during the same period

Asian Paints gains 3% in an otherwise weak market post June quarter results

The company's decorative business segment witnessed improving business conditions in May and June

Multiplex operators in focus; PVR, Inox Leisure up over 5% in a weak market

According to reports, the MAI is certain that cinema halls will be allowed to reopen for the public in the next phase of unlock

Persistent Systems zooms 18%, hits 52-week high on strong June quarter nos

In US dollar terms, revenue grew 9.5 per cent YoY to $131.02 million. Sequentially, the numbers increased by 3.1 per cent.