ICICI Bank Q2 profit beats estimates at Rs 3102 cr, NPA rises
BHEL Q2 profit seen at Rs 96 cr, gross margin may improve
Stocks in News
ICICI Bank | Heritage Foods | Varun Beverages | BHEL | EID Parry | Britannia | Asahi India Glass | Asahi Songwon | Tata Metaliks | Dish TV | Sun TV | Den Networks | Hotel Leela and Everonn Education are stocks, which are in the news today.
Bull’s Eye: Sell HPCL, CESC, Hindalco, Biocon; buy Hindalco
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Indian ADRs ended higher on Monday. In the IT space, Infosys gained 1.33 percent at USD 15.24 and Wipro added 2.11 percent at USD 9.67.
In the banking space, ICICI Bank was up 6.55 percent at USD 8.62 and HDFC Bank rose 0.72 percent at USD 69.72.
In the other sectors, Tata Motors rose 3.41 percent at USD 39.10 and Dr Reddy’s Laboratories gained 0.93 percent at USD 46.50.
OPENING BELL By TradeIndia Research
SENSEX UP + 78.27 @ 27537.26,
NIFTY FUTURE UP + 22.25 @ 8542.25,
BANK NIFTY FUTURE UP + 118.10 @ 19513.30,
USD/INR – 66.71.
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The market has opened on a strong note as autos and IT stocks support. The Sensex is up 126.94 points or 0.5 percent at 27585.93 and the Nifty up 43.15 points or 0.5 percent at 8540.20. About 403 shares have advanced, 87 shares declined, and 23 shares are unchanged.
ICICI Bank, Tata Motors, BHEL, Adani Ports and ONGC are gainers while HUL is the only loser stock in the Sensex.