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Wednesday, July 25, 2018

Stocks in the news: Ambuja Cements, Hero Moto, Asian Paints, Oil India, BEL, ICICI Bank

Here are the stocks that are in news today:

Results today: L&T, Ambuja Cements, Hero MotoCorp, JSW Steel, BHEL, Bharti Infratel, Canara Bank, Crompton Greaves, Gruh Finance, KPIT, OBC, PVR, Reliance Nippon AMC, TTK Prestige, Intellect Design, Jubilant Foodworks, Jyothi Labs, Karur Vysys bank, Shriram City Union, Syngene International, IRB Infrastructure, Tata Elxi, United Bank of India, Bharat Bijlee, Everest Industries, HCL Infosystems, NOCIL, Sanofi India, Security & Intelligence Services, SKF India, Welspun Enter, IFB Agro Industries, Acrysil, ADF Foods, Dishman Carbogen, GE T&D India, Kirloskar Ferrous Industries, Udaipur Cement

Asian Paints: Q1 consolidated profit rises 30 percent to Rs 571.3 crore versus Rs 440.7 crore; revenue rises 15.1 percent to Rs 4,390 crore versus Rs 3,815.3 crore (YoY).

ICICI Prudential Life Insurance: Q1 profit falls 30.5 percent to Rs 282 crore versus Rs 406 crore; net premium income increases 12.8 percent to Rs 5,438 crore versus Rs 4,820 crore (YoY).

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Source: https://www.moneycontrol.com/news/business/stocks/stocks-in-the-news-ambuja-cements-hero-motocorp-asian-paints-oil-india-bel-icici-bank-2757941.html

Sensex opens at fresh record high, Nifty above 11,100; Asian Paints down 2%

It’s a subdued start to the market on this Wednesday morning, a deviation from the pre-opening rate trends where the larger index hit a fresh record high. Meanwhile, the Sensex has hit a fresh record high as well. The Nifty is well above 11,100, but is a good thirty points away from its record high.

Metals have extended their rally from the previous sessions and a strong trade in the midcaps space is also aiding the market.

The Sensex is up 62.41 points or 0.17% at 36887.51, while the Nifty is up 7.20 points or 0.06% at 11141.50. The market breadth is positive as 389 shares advanced, against a decline of 106 shares, while 60 shares were unchanged.

Shares of Asian Paints are trading over 2.5 percent lower after its June quarter results. Oil marketing companies are taking a hit on the back of rising crude oil price.

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Source: https://www.moneycontrol.com/news/business/markets/market-live-nifty-hits-fresh-record-high-in-pre-opening-sensex-up-around-100-points-2758331.html

Tuesday, July 24, 2018

Closing Bell (24 July 2018)

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INTERNATIONAL MARKET UPDATE

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Market Live: Sensex opens at record high, Nifty above 11,100; ACC soars 10%

Equity benchmarks have looked to continue their momentum from Monday, with the Sensex opening at a record high, while the Nifty has opened above 11,100.

At 09:15 hrs IST, the Sensex is up 89.00 points or 0.24% at 36807.60, while the Nifty is up 26.10 points or 0.24% at 11110.90. The market breadth is positive as 305 shares have advanced, 116 shares have declined, and 39 shares are unchanged.

All sectoral indices are trading in the green, with maximum gains seen among IT and infrastructure names. Midcaps, meanwhile, have opened higher, with the index rising around 0.20 percent. Shares of ACC are trading higher by 10 percent after the company reported good results for the June quarter.

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Source: https://www.moneycontrol.com/news/business/markets/market-live-sensex-opens-at-record-high-nifty-above-11100-acc-soars-10-2752141.html

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