Market will open positively today. After yesterday's havoc in the beginning, market recovered from early low and Nifty sustained above it's positive trendline for a medium trend which was at 10210. Nifty should close above 10250 to keep the trend intact.
Today, marketmen will be eyeing the macro economic data of industrial production and consumer price inflation to be released after the market hours.
🎯 News & Impact 🎯
Result Today : HUL
Result Updates :
🎯 TCS :
Net profit rises 7.6 % to Rs.7,901 crore versus Rs.7,340 crore, rupee revenue increased 7.6 % to Rs 36,854 crore versus Rs 34,261 crore; dollar revenue up 3.2 percent to $5,215 million versus $5,051 million (QoQ).
🎯 Sundaram Clayton :
Company inaugurated its new foundry in Chennai with an investment of Rs.150 crore to significantly expand its capacity.
🎯 Castrol India :
Company entered into a strategic agreement with Mahindra & Mahindra for it's products.
🎯 OnMobile Global :
Company acquired 100 percent stake in Sweden based ‘Appland AB’ for $15 million.
🎯 Corporation Bank :
Government of India increased stake in Corporation Bank from 79.87 % to 86.77 %.
🎯 Sambhav Media :
Company commenced FM radio channel under the brand name "Top FM" at Godhra (93.1).
🎯 Wipro :
Company launches innovation and talent hub in Reading, UK.
🎯 Bharat Forge :
inaugurates 'Industry 4.0 Centre of Excellence' in partnership with PTC.
Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers
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