Market will open on a positive-flat note today after consecutive fall on the second day yesterday. Nifty50 tried to test 10550 level but closed above it's important support of 10600 after making low of 10562.35. Nifty50 should sustain above 10630 to beat the down trend formed by last 2 days' pattern.
Mixed but flat closing in US markets also keeps anxiety in world markets to trade subdued today.
🎯 News & Impact 🎯
Results Update :
🎯 DHFL :
Company has reported 52.46% rise in its net profit at Rs.438.74 crore for the quarter ended September 30, 2018 as compared to Rs. 287.78 crore for the same quarter in the previous year. Total income of the company increased by 33.71% at Rs 3,519.22 crore for Q2FY19 as compared Rs 2,632.06 crore for the corresponding quarter previous year.
🎯 GMR Infra :
Company signed a concession agreement for development of commercial port in Andhra Pradesh.
🎯 Redigton India :
Redington Gulf FZE, (Redington Gulf) a step-down subsidiary of the company, had acquired additional 24.8 percent stake in Citrus Consulting Services FZ LLC (Citrus), its subsidiary company
🎯 Gujarat Ambuja Exports :
Company received National Green Tribunals order stating proceedings against the company’s maize processing unit at Uttrakhand have been dropped.
🎯 Huhtamaki PPL :
Company received closure directions from Maharashtra Pollution Control Board on Nov. 20 for its Thane Plant.
Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers
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