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Sensex Today 05/02/2020 Today Sensex News,Nifty 50 Live,And Bank Nifty Live ,Today Market News Live Updates On ShareMarketGo.
Sensex Today 05/02/2020
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- At 7.40 Am SGX Nifty 11954.50 (-18.50 Down )
- MARKET LIVE: SGX Nifty suggests a flat start for domestic indices
- RESULTS TODAY , A total of 126 companies, including Adani Enterprises, Berger Paints, Cipla, and Indiabulls Housing, are scheduled to announce their December quarter results.
- Market Outlook :: Deepak Jasani, Head - retail research, HDFC Securities , Indian markets could open flat today following sharp gains in the US markets on Tuesday and largely positive Asian markets today. The pullback rally continued at Dalal Street on Tuesday, after the sharp fall seen on Saturday, which was triggered due to lack of sufficient stimulus measures in the Union Budget. The gains came on the back of positive global cues and a slide in crude oil prices. The Nifty gained 271.75 points or 2.32% to close at 11,979.65. Technically, while the Nifty has pulled back sharply, the underlying short term trend still remains down. Immediate supports to watch for resumption of weakness are at 11845. Upside resistances are at 12018.
- Among stocks under coverage, Bajaj fin, Dabur, Dr Reddys, Shree Cements, Westlife, Godrej Prop, Chola Fin, Hexaware, United Spirits, MGL could do well.
- Apollo pipes good qtr NP 25% @ 6.6 cr vs 5.32cr Rev up 15% @100cr vs 87cr Margin 10.6% vs 9.7%
- TATA GLOBAL BEV Q3-Mixed Bag YoY Rev +2.6% Muted Sales Growth Due to weakness in International Biz Margins @ 12.2% v 10.3% Strong Operational Performance Expansion Despite High Ad Spends Profit +24.7% @ 135.8 Cr
- Recovery in growth of Titan’s jewelry business in the December quarter (Q3), despite the weak consumption scenario, was the key takeaway in the December quarter results. Therefore, despite a tad lower-than-expected Q3 numbers, the Titan stock surged 7.6 per cent to Rs 1,275.5 apiece on Tuesday.
- Rupee opening , Rupee opens stronger at 71.21/$ vs Tuesday's close of 71.27 against the US dollar
- OPENING BELL | #Sensex opens in green, #Nifty below 12,000; Tata Motors, Zee Ent gainers
- Market opens: Sensex is down 49.98 points or 0.12 percent at 40739.40, and the Nifty shed 13.30 points at 11966.40. Tata Motors and Zee Entertainment are the top gainers while Infosys and UltraTech Cement are the top losers.
- Mahindra & Mahindra up 2%
- Oil prices rose on Wednesday, reversing out of a 1 per cent slump in the previous session, boosted by producers weighing further output cuts to counter a potential squeeze on global oil demand resulting from China’s fast-spreading coronavirus. Brent crude oil futures were up 44 cents, or 0.8 per cent, to $54.40 a barrel by 0127 GMT, while US West Texas Intermediate (WTI) crude futures were up 42 cents or 0.9 per cent to $50.03 a barrel.
The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, a group known as OPEC+, weighed the impact on global oil demand, and economic growth, of the coronavirus outbreak at a meeting on Tuesday, hearing from China’s envoy to the United Nations in Vienna. Producers are weighing further output cuts and moving a planned policy meeting to February rather than March.
- RESULTS UPDATE:: Adani Enterprises Q3 consolidated net profit at Rs 426 cr vs Rs 92.4 cr
- Sensex nears 41,100-mark
- MARKET WRAP: Indices gain for 3rd consecutive day, Sensex reclaims 41,100
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