Gap-up opening expected as SGX Nifty is trading up by 90 points.
Yesterday, Dow ended on a record high note.
Major Results Today :
Results today: Hindustan Unilever, Kotak Mahindra Bank, PNB Housing Finance, HCL Technologies, RBL Bank, Engineers India, IDFC Bank, HCL Info, GSK Pharmaceuticals.
Results Updates :
🎯 Infy :
Cons Net Profit At Rs. 3726 Cr.
FY18 Revenue Guidance Cut To 5.5%-6.5% From 6.5%-8.5%.
Cautious over the stock.
🎯 Ambuja Cements :
Standalone Net Profit Up by 10% At Rs. 272.4 Cr Vs 247.5 Cr (YoY).
Standalone Revenue up by 13% At Rs. 2,319.6 Cr Vs Rs. 2,050.6 Cr (YoY).
Positive for the stock.
🎯 ABB :
Net Profit Up by 18% At Rs. 83.3 Cr Vs Rs. 70.6 Cr (YoY).
Revenue down by 7% At Rs.1,915 Cr Vs Rs. 2,055 Cr (YoY).
Positive for the stock.
Listing Today :
GIC
🎯 PSU Banks :
Cabinet Announces Rs. 2.11 Lk Cr Capitalisation Of PSU Banks (SBI, PNB, Bank of Baroda, Bank of India, Union Bank etc.)
Positive for the sector.
🎯 IRB/IL&FS/MEP :
The Rs 6.92-lakh-crore, five-year roads programme approved by the cabinet on Tuesday.
Positive for the sector.
🎯 Lupin :
Lupin receives FDA approval for generic Lodosyn® tablets.
Positive for the stock.
🎯 Rcom :
Reliance Communications to shut down DTH biz next month.
🎯 L&T :
L&T loses government order to supply 2.5mn smart meters in reverse bid.
🎯 Idea :
ATC to buy 20,000 Vodafone, Idea towers for over $1 billion EV
🎯 ICICI Prudential :
Company's Gross premium at Rs. 6599.4 cr, up 35.1% QOQ & 20.7% YoY.
Positive for the stock.
Edited by Sharp.
© Sharp Investment & Financial Advisers
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