INSUBCONTINENT EXCLUSIVE:
Godrej Industries, Grasim Industries, NBCC (India), NHPC and ONGC will declare their June quarter numbersThe domestic stock markets have
opened company, regardless of mixed signals from the international markets
Asian markets are trading lower this morning, while the Dow and S&P 500 closed at record highs over night
At 9:18 am, the BSE Sensex was trading at 55,040, higher by 207.15 points and the NSE Nifty was at 16,426.50, up 62.90 points or 0.38
The wider markets are also trading in the green, with the BSE Midcap index and BSE Smallcap index including 0.1 per cent and 0.4 percent
respectively.Asian markets are trading lower; Kospi was down 1 per cent, whereas Hang Seng, Straits Times and Shanghai Composite had
actually shed 0.3-0.9 per cent.The Dow and S&P 500 leapt to tape closes for a 3rd straight day on Thursday, with mega-cap innovation stocks
driving the marketplace greater as financiers warmed to tasks data showing a steady U.S
financial recovery.Meanwhile, oil rates fell for a 2nd day on Friday after the IEA warned that need growth for crude and its products had
actually slowed dramatically as surging cases of COVID-19 around the world has actually required federal governments to restore constraints
on movement.On the revenues front, Godrej Industries, Grasim Industries, NBCC (India), NHPC and ONGC will declare their June quarter numbers
during the day.Financial shares are leading the rally today
HDFC has acquired 41.2 percent to Rs 2703 to top the gainers list on the BSE
To name a few financial stocks, ICICI Bank, HDFC, IndusInd Bank and Axis Bank have actually gotten around a per cent each
M&M, L&T and ITC have also gained around a per cent each on the BSE.On the other hand, select pharma shares are trading weak, with Sun
Pharma and Dr Reddy's losing almos a per cent each on the BSE.
