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13.08.2020 Share Market Update

Dear Millionaires,

Market Update is a new playlist in our MMM channel introduced to cover the important data like previous day chart, results, top stocks, dividend and break out stocks for trading with ease.

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NEWS CORNER

•Market Levels: The Sensex ended 0.1% lower at 38,369.Nifty ended 0.12% lower at 11,308. Nifty Bank: The Bank Nifty closed 0.17 percent higher at 22,264.

Market expectation: Watch out for more economic data points, along with the adjusted gross revenue (AGR) case hearing on Friday (August 14) and an announcement of a US stimulus package

Gold & Silver Prices: Crashes due to profit booking after Russia announces first convid vaccine

HAL: Share price hits fresh 52-week high on approval of equipments acquisition worth Rs 8,722 cr

Indiabulls Housing Finance: Sameer Gehlaut relinquished the office of Executive Chairman with immediate effect.


Important Data – Result Impact

Aurobindo Pharma : Q1 profit jumps 23% to Rs. 781 crore

Ashok Leyland : Rs.389 crore net loss for June quarter.

Tata Power: Q1 profit at Rs 268.1 crore versus Rs 243.08 crore

Thermax: Q1 loss at Rs 15.3 crore versus a profit of Rs 62.8 crore

NCC: Q1 profit at Rs 16.9 crore versus Rs 81.3 crore

Aster DM Healthcare: Q1 loss at Rs 82.9 crore versus a profit of Rs 3.3 crore

Fine Organic Industries: Q1 profit at Rs 28.7 crore versus Rs 37.6 crore

Cummins : Profit down 65% at Rs.53 crore.

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