Today there was all round buying in the market on the day of weekly expiry. Sensex and Nifty saw big gains for 2 months. Nifty climbed 192 points to 15824 and Sensex climbed 639 points to close at 52837. This is the biggest rise in Nifty since May 21. Along with this, there was also good buying in mid and small cap stocks. While Telecom, Capital Goods, Power shares ran, there was buying in IT, Realty, PSE shares. Metal indices also rose strongly today.
Sensex climbed 639 points to close at 52837. Sensex, Nifty saw big gains for 2 months. There was a big rise in Nifty after 21 May. There was good buying in midcap and smallcap stocks. The metal index had a major rally for 10 weeks. Today Telecom, Capital Goods, Power shares were up. There was buying in IT, realty and PSE shares.
Nifty climbed 192 points to close at 15824. Sensex climbed 639 points to close at 52837. Bank Nifty climbed 262 points to close at 34677. Midcap climbed 310 points to close at 27538. Today 42 out of 50 Nifty stocks were up. At the same time, 26 out of 30 Sensex stocks were up. 11 out of 12 stocks of Nifty Bank were up.
The biggest movement in these stocks today
Jubilant FoodWorks | CMP: Rs 3,412.85 | The JUBILANT FOOD results are better than expected. On an annual basis, the company’s profit in the first quarter of the financial year 2021-22 stood at Rs 73 crore, while in the first quarter of the financial year 2020-21, the company had a loss of Rs 63 crore. The company’s income increased from Rs 380 crore to Rs 879 crore during the same period. The EBITDA of the company increased to Rs 211 crore from Rs 24 crore for the same period. On the back of good results, the stock today ran up 11 per cent.
Bajaj Auto | CMP: Rs 3,859.70 | The market did not like the first quarter results. Today this stock has closed in red mark. The company has made a profit of Rs 1,061.2 crore in this quarter. At the same time, in the first quarter of the financial year 2020-21, the company had a profit of Rs 528 crore. In the first quarter, the company has seen an increase of 115 percent in profit on a year-on-year basis. The company’s results in the first quarter were slightly weaker than expected. The CNBC-TV18 poll had estimated the company’s profit in the first quarter at Rs 1,137 crore.
IDFC | CMP: Rs 58.90 | Today this stock has seen an increase of 11 percent. RBI has approved the proposal of the company to exit the promoter group of IDFC First Bank.
UltraTech Cement | CMP: Rs 7,480 | The company’s Conso profit has more than doubled to Rs 1,700.03 crore in Q1FY22. During this period, the company’s earnings have also seen an increase of 54 percent on a year-on-year basis.
DB Corp | CMP: Rs 105.65 | The Income Tax Department (IT) has raided the offices of media group Dainik Bhaskar in Bhopal, Jaipur, Ahmedabad and some other cities of the country. ANI quoted sources as saying that in the case of tax evasion, searches have been conducted at many places including the houses and offices of the promoters. However, there was no official statement from the department or its policy-making body, the Central Board of Direct Taxes (CBDT), news agency PTI reported. Official sources said that promoters of major Hindi media groups are also involved in the action. Due to this news, today this stock has closed in the red mark.
Hindustan Unilever | CMP: Rs 2,378 | Today this stock has closed with a weakness of 2 percent. Veteran FMCG company Hindustan Unilever has presented the results of the first quarter ended 30 June 2021. The company has made a profit of Rs 2,061 crore in the first quarter. The company’s profit during this period was estimated at Rs 2,060 crore. In the first quarter, the company’s profit has seen a growth of 9.5% per cent on a year-on-year basis. At the same time, the company’s profit stood at Rs 1,881 crore in the first quarter ended on June 30, 2020, for the same period last year.
Wockhardt | CMP: Rs 551 | In the first quarter the company has turned into loss from profit. In the first quarter of the financial year 2021-22, the company has incurred a loss of Rs. However, there has been a one-time profit of Rs 1,327 crore in Q1. In the first quarter, the EBITDA has been Rs 121 crore as against the EBITDA loss of 72 crore. Today the stock closed with a weakness of about 1 percent.
Hindustan Zinc | CMP: Rs 326.50 | Today this stock has closed in red mark. HID Zinc has presented its results for the first quarter of the financial year 2021-22 ended 30 June 2021. The company has made a profit of Rs 1,983 crore in this quarter as compared to a profit of Rs 1,359 crore in the same period last year. However, the CNBC-TV18 poll estimated that the company’s profit in the first quarter could stand at Rs 2,237 crore.
Havells India | CMP: Rs 1,150.05 | Shares of Havells India rose 11 per cent today. The company gave excellent results in the June 2021 quarter, the effect of which was clearly visible on the company’s shares. Electrical equipment company Havells India’s consolidated net profit grew 268.5 per cent year-on-year at Rs 235.78 crore. During this period, the company’s consolidated earnings grew 76 per cent year-on-year at Rs 2609.97 crore. In the same quarter of the last financial year, the company’s business was at a standstill due to coronavirus infection.
Gland Pharma | CMP: Rs 4,148.50 | Today this stock has also closed with a gain of more than 9 percent on the basis of good results. The company’s profit in the June quarter has increased from Rs 313.59 crore on a year-on-year basis to Rs 350.65 crore.
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