US stocks surged to close higher on Wednesday as the presidential election race remained cloudy but the likelihood of gridlock in Congress made investors optimistic that major policy changes would be difficult to enact.
The Dow Jones Industrial Average rose 371.42 points, or 1.35%, to 27,851.45, the S&P 500 gained 74.3 points, or 2.21%, to 3,443.46 and the Nasdaq Composite added 427.53 points, or 3.83%, to 11,588.10.
🎯 News & Impacts 🎯
🎯 SRF Q2 : Profit at Rs 315.0 crore versus Rs 301.0 crore, revenue seen at Rs 2101.0 crore versus Rs 1738.0 crore YoY (positive)
🎯 Hind Petro : Profit at Rs 2976.0 crore versus Rs 762.0 crore, revenue seen at Rs 61400.0 crore versus Rs 62500 crore YoY (Positive)
🎯 Pidilite : Profit at Rs 356.0 crore versus poll of Rs 275.0 crore, revenue seen at Rs 1880.0 crore versus poll of Rs 1690.0 crore YoY Positive for thd stock.
🎯 Apollo Tyre : Profit at Rs 200.0 crore versus poll of Rs 109.0 crore, revenue seen at Rs 4282.0 crore versus poll of Rs 4116.0 crore YoY Positive for the stock.
🎯 JK Lakshmi : Profit at Rs 89.5 crore against Rs 48.7 crore; revenue rose to Rs 1132.0 crore from Rs 1012.0 crore YoY.
Positive for the stock.
🎯 Kalpataru Power : Profit at Rs 139.0 crore against Rs 137.0 crore; revenue seen to Rs 3032.0 crore from Rs 33216.0 crore YoY.
Positive for the stock.
🎯 BASF Q2 :
Consolidated profit at Rs 411.0 crore in Q2FY21 against Rs 2.0 crore; revenue rose to Rs 2396.0 crore from Rs 2074.0 crore YoY.
Positive for the stock.
🎯 JSL Stainless :
Profit at Rs 172.0 crore against Rs 105.0 crore; revenue seen to Rs 2328.0 crore from Rs 2303.0 crore YoY.
Positive for the stock.
🎯 Godrej Agro :
Profit at Rs 132.8 crore against Rs 81.1 crore; revenue seen to Rs 1710.0 crore from Rs 1846.0 crore YoY.
Positive for the stock.
🎯 Lupin :
Profit at Rs 211.0 crore against loss of Rs 127.0 crore; revenue seen to Rs 3835.0 crore from Rs 4359.0 crore YoY.
🎯 Thermax :
Profit at Rs 31.2 crore against Rs 16.0 crore; revenue seen to Rs 1141.0 crore from Rs 1806.0 crore YoY.
Positive for the stock.
🎯 EIH Q2 :
Loss at Rs 134.0 crore versus profit of Rs 26.0 crore, revenue seen at Rs 72.0 crore versus Rs 335.0 crore YoY.
Positive for the stock.
🎯 Adani green :
Profit at Rs 17.6 crore versus Rs 102.3 crore, revenue seen at Rs 529.0 crore versus Rs 460.0 crore YoY.
🎯 PVR Inox :
Maharashtra Government allows cinema halls, theatres, *multiplexes* to open with 50%.
Positive for the stocks.
🎯 HPCL :
Company announces Rs 2,500 crore buyback at Rs 250 per share. Positive for the stock.
🎯 SBI Card :
Company partners with Paytm to launch Paytm SBI Card.
Positive for the stock.
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