Nifty Updates with Stock Trading Strategies

Happy Dhanteras To All

Tech Mahindra | Bajaj Auto | GMR Infra | Dalmia Bharat Sugar | JK Paper | Astec Life | Cupid | Wonderla Holidays | Zee Media | Pricol | Essel Propack | Torrent Power | DCM Shriram | IFB Industries | Bharat Electronics | Shriram City Union | Inox Leisure | Bajaj Finserv | Glenmark Pharma | NMDC and MOIL are stocks, which are in the news today. Share Market Tips and Stock Trading strategies.

Q2 Profit

Bajaj Auto Q2 profit seen up 9%, weak volume may impact revenue 

Tech Mahindra Q2 profit down 19%, constant currency growth at 5% 

Indian ADRs ended mostly higher on Thursday. In the banking space, ICICI Bank added 0.24 percent at USD 8.42 and HDFC Bank gained 1.50 percent at USD 70.59. In the IT space, Infosys shed 1.66 percent at USD 15.36 and Wipro was down 1.36 percent at USD 9.45. In the other sectors, Tata Motors rose 0.36 percent at USD 39.04 and Dr Reddy’s Laboratories rose 1.67 percent at USD 49.37.

OPENING BELL

SENSEX UP + 67.24 @ 27983.14,

NIFTY FUTURE DOWN – 29.25 @ 8626.00,

BANK NIFTY FUTURE UP + 41.70 @ 19635.00,

USD/INR – 66.90.

The Indian rupee opened marginally lower at 66.89 per dollar on Friday against previous close 66.86. 

Free Nifty Future Tips: Nifty starts Nov series below 8600; Tech Mah up 6% on Q2 nos

The market has opened lower as the Sensex is down 82.48 points or 0.3 percent at 27833.42. The Nifty is down 18.60 points or 0.2 percent at 8596.65. About 557 shares have advanced, 268 shares declined, and 48 shares are unchanged. 

ONGC, Tata Motors, Maruti, Hero and Axis Bank are top gainers while HDFC, ICICI Bank, GAIL, Asian Paints and Bharti Airtel are losers in the Sensex. 

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