Sensex and Nifty are likely to open higher on Tuesday following the earnings optimism and the record closing of Wall Street shares on Monday. The early indicator of NSE Nifty — SGX Nifty Futures — was trading little changes, down 0.21% at 10,259.5 points on the Singapore Stock Exchange.
These shares will be in watch today ahead of their Q2 results
Axis Bank, Bajaj Auto, Wipro, ACC, AB Money, Atul Ltd, Bajaj Holdings, Blue Dart, Crisil, ICICI Lombard, Nucleus Software, Prakash Industries, RS Software, Som Distilleries, Tata Sponge.
Stocks in focus today
Reliance Industries: Reliance Industries and its partner BP Plc of UK today submitted a revised investment plan for bringing to production the satellite gas discoveries in the flagging KG-D6 block. RIL and BP plan to develop four deepsea satellite gas finds, named D-2, 6, 19 and 22, together with two other nearby finds, D-29 and D30, in the Krishna Godavari basin block, PTI reported citing unidentified sources.
Bajaj Finance: In spite of some impact arising from the GST rollout disruptions, leading non-banking finance player Bajaj Finance reported a 37 per cent jump in net profit at Rs 557 crore for the quarter to September, as overall advances grew at a healthy pace.
Colgate-Palmolive (India): FMCG firm Colgate-Palmolive (India) Ltd reported a 2.06 per cent decline in its net profit at Rs 177.57 crore for the second quarter ended September 30.
Persistent Systems: Mid-sized software services player Persistent Systems reported a 12.4 per cent growth in September quarter net at Rs 82.36 crore on volume growth and margin expansion on efficiencies.
Oberoi Realty: Oberoi Realty reported a 25 per cent surge in its consolidated net profit to Rs 104.32 crore for the second quarter ended September 30.
Sterlite technology: Sterlite technology posted a 40 per cent surge in consolidated net profit to Rs 71.23 crore in the second quarter ended September 30, driven by demand for optical fibre cable for high speed data networks.
DHFL: Housing financier DHFL reported a 26.1 per cent rise in net profit to Rs 293.30 crore for the quarter ended in September this year compared to Rs 232.62 crore in the same period of last year.
DCB Bank: Small sized private sector lender DCB Bank reported 21 per cent rise in its September quarter net at Rs 59 crore on core income growth.
MCX: Largest commodity bourse MCX would unveil the country’s first commodity options trading with gold on the auspicious occasion of Dhanteras. The gold options will be launched today on Dhanteras in presence of Finance Minister Arun Jaitley in New Delhi, PTI reported.
Indian Rupee on Monday: The rupee ended at more than three-week high of 64.74 a dollar, surging by 19 paise helped by extremely bullish macro indicators.
Indian markets on Monday
Sensex and Nifty closed at fresh record highs on Monday with just two days left for the Muhurat trading on Diwali. BSE Sensex gained 201 points to close at 32,633.64 points while NSE Nifty added 63 points to finish at 10,230.85 points. During the day, the broader Nifty 50 jumped 75.5 points to hit the all-time high of 10,242.95 points while the benchmark Sensex advanced 254.63 points to mark the new lifetime of 32,687.32 points. Shares of Bharti Airtel, Vedanta, and Bharti Infratel were the biggest gainers on NSE Nifty. The value buying in the blue-chip shares such as Airtel, Hindustan Unilever, and Tata Motors pushed the indices to mark lifetime highs.
US markets on Monday
All three major US stock index rose to record closing highs on Monday, with the Dow Jones Industrial Average less than 50 points below 23,000, ahead of a long list of earnings this week and as financial shares recovered from last week’s losses, Reuters reported. The Dow Jones Industrial Average rose 85.24 points, or 0.37 percent, to close at 22,956.96, the S&P 500 gained 4.47 points, or 0.18 percent, to 2,557.64 and the Nasdaq Composite added 18.20 points, or 0.28 percent, to 6,624.01.