In a positive turn of events, Sensex and Nifty regained back from the losses it made at the start of the market hours and are now trading in green. The BSE Sensex is trading at 26714 up 111 points, while NSE Nifty is trading at 8,219 up 36 points. A total of 10 stocks registered… Read More »
The Sensex is down 698.86 points or 2.5 percent at 26818.82 and the Nifty is trading over 229.45 points or 2.7 percent at 8296.30. About 462 shares have advanced, 2223 shares have declined, and 146 shares are unchanged. Indian currency Rupee is closed lower by 0.62 paise at 67.25 against US Dollar.
Cigarette-hotel-to-FMCG major ITC is expected to show performance in quarterly earnings on Tuesday as profit is likely to increase 10% year-on-year to Rs 2,673 crore with likely cigarette volume growth of 3-4 percent in Q2. Volume growth may be boosted by modest price hike of 5-6% and higher proportion of sales of sub 65mm cigarettes.… Read More »