After record highs, there was profit-booking in the market. Nifty closed in red mark at 15,900 level. The Sensex also closed at 53,140 with a slight fall of 19 points. Along with this, Nifty Bank recorded a decline of more than 150 points. Today’s session saw good buying in pharma and metal stocks.
The business finally saw a flat closing of the Sensex-Nifty. However, there was a record closing of mid cap and small cap indices. The midcap index closed a record for the sixth consecutive day. There was good buying in pharma, metal stocks. Pharma index closed at record high. There was also buying in realty, telecom, energy stocks. Along with this, infra, PSE and brokers shares also rose.
Nifty closed at 15,923, down 1 point today. At the same time, the Sensex fell 19 points and closed at 53,140. Nifty Bank closed 156 points lower at 35,752. Midcap climbed 97 points to close at 27,851. 26 out of 50 Nifty stocks declined. 17 out of 30 Sensex stocks fell. 9 out of 12 stocks of Nifty Bank declined.
Angel Broking | CMP: Rs 1,272.15 | After the strong results of the first quarter of the financial year 2021-22, today this stock has seen a jump of 20 percent. In Q1 FY22, the company’s profit grew by 19 per cent quarterly and 156.6 per cent year-on-year.
Bandhan Bank | CMP: Rs 309.90 | Today this stock has seen a decline of 3 percent. Kolkata-based Bandhan Bank has reported that on a quarter-on-quarter basis, there has been a decline in the bank’s loan deposits in the quarter ended June 30, 2021. The bank’s total loan advances declined by 8 per cent on a quarterly basis in the June quarter to Rs 80,128 crore from Rs 87,043 crore in the previous March quarter.
Wipro | CMP: Rs 576.85 | Today this stock has closed in the green mark on the basis of good first quarter results. Wipro’s consolidated net profit jumped 23 per cent year-on-year to Rs 3,563.7 crore in the June quarter. The company’s consolidated net profit stood at Rs 2896 crore in the same quarter last year. The company’s revenue grew 22.4 per cent to Rs 18,250 crore in the June 2021 quarter.
HDFC AMC | CMP: Rs 3,064 | After the arrival of the Q1 results, the stock slipped into the red mark today. In the first quarter of the financial year 2021-22, the company’s profit has increased by 9.3 percent to Rs 345.4 crore. The profit on a quarterly basis has increased from Rs 316.1 crore to Rs 345.4 crore. At the same time, the income has increased from 503 crores to 507.1 crores. EBITDA has come down from Rs 396.3 crore to Rs 381 crore. At the same time, the EBITDA margin has come down from 78.8% to 75.1%.
JMC Projects | CMP: Rs 123 | The company has received new orders worth Rs 1,624 crore. Due to this news, today the stock has run more than 2 percent. Out of this, a road project worth Rs 1,128 crore has been received from Ghana.
Cyient | CMP: Rs 1,057.15 | The company has made a profit of Rs 115 crore in Q1FY22. At the same time, the company had a profit of Rs 103.1 crore in Q4FY21. Due to this news, this stock has run up 11 percent.
L&T Infotech | CMP: Rs 4,289.95 | The company’s profit has declined in Q1FY22. The company has made a profit of Rs 496.8 crore during this period. At the same time, Q4FY21 the company had a profit of Rs 545.7 crore. Due to this news, the stock fell 3 per cent today.
Tata Elxsi | CMP: Rs 4,315 | The company’s profit has declined in Q1FY22. The company has made a profit of Rs 113.37 crore during this period. At the same time, Q4FY21 the company had a profit of Rs 115.16 crore. Due to this news, the stock fell 3 per cent today.
Aurobindo Pharma | CMP: Rs 972.70 | The company has received US FDA approval for the drug Baclofen. Apart from this, LIC has increased its stake in the company. Due to this news, this stock has closed in the green today.
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