The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities
Market Updates
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 5.05 points negative at 19,406.70 on Tuesday.
Inox Wind:
The company will raise Rs 500 crore through the issue of preference shares. The board approved the raising of funds by way of the issuance of 0.01% non?convertible, non?cumulative, participating, redeemable preference shares of the face value of Rs 10 each.
Lupin:
The company received U.S. FDA tentative approval for the Invokamet Dow Jones 34,152.6 +56.74 +0.17% S&P 500 4,378.4 +12.40 +0.28% Nasdaq 13,639.9 +121.08 +0.90% FTSE 100 7,410.0 ?7.7 ?0.10% CAC 40 6,986.9 ?26.8 ?0.38% DAX 15,152.6 +16.67 +0.11% Shanghai* 3 062 2 +4 89 +0 16% generic.
Voltas:
The company denied news reports that the Tata Group is considering selling the home appliance operations of the company
SJVN:
The company received a letter of intent for the purchase of 200 megawatts of solar power from Uttarakhand Power Corp UPCL to purchase solar Shanghai 3,062.2 +4.89 +0.16% Nikkei 225* 32,315.0 +43.18 +0.13% Hang Seng* 17,735.0 +75.00 +0.42% *As at 8.30 am Commodity Price (USD) Change (Pts) Change (%) Crude Oil WTI 77.4 +0.04 +0.05% of solar power from Uttarakhand Power Corp. UPCL to purchase solar power for Rs 2.57 per unit from the company’s 1,000 MW Bikaner plant..
Earnings In Focus
Pidilite Industries, Power Finance Corporation, Tata Power Co., United Spirits Lupin, PI Industries, Patanjali Foods, Bharat Heavy Electricals, Mazagon Dock Shipbuilders, The Phoenix Mills, Oil India, Skf India, Grindwell Norton, The New India Assurance Company, Endurance Technologies, Godrej Industries, Brigade Enterprises, Rhi Magnesita India, Century Plyboards (I), Multi Commodity Exchange Of India, Raymond, Concord Biotech, Eris Lifesciences Welspun Corp, CESC, Computer Age Management Services, Firstsource Solutions, Gujarat Narmada Valley Fertilizers & Chemicals, Shree Renuka Sugars, GE T&D India, Birla Corporation, Medplus Health Services, E.I.D.?Parry (India), Mtar Technologies, Easy Trip Planners, Reliance Infrastructure, Balaji Amines, HEG, Gujarat Pipavav Port, EPL, FDC, Nazara Technologies, Hindustan Foods, Restaurant Brands Asia, Gujarat Alkalies & Chemicals, Wonderla Holidays, Moil, Borosil, Nesco, Sansera Engineering, Pricol, Ami Organics, Tasty Bite Eatables, Sandur Manganese & Iron Ores, Teamlease Services, Neogen Chemicals, T D Power Systems, Ashoka Buildcon, Sai Silks (Kalamandir), Emudhra, HMA Agro Industries, Kaveri Seed Company, Automotive Axles, Hindware Home Innovation, Samhi Hotels, Avalon Technologies, Landmark Cars, Pearl Global Industries, Somany Ceramics,Lumax Auto Technologies Best Agrolife Mayur Uniquoters Dishman Carbogen Amcis, Precision Wires India, Vishnu Chemicals, Vidhi Specialty Food Ingredients, Alembic, Axiscades Technologies, Artemis Medicare Services.
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Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities