Market Update 11.08.2020
Dear Millionaires, Market Update is the new play list in our channel where the important news required for trading will be posted regularly. Watch this video to know more on results, dividends, bonus and other important data required for trading today. Happy Trading.
Market Levels: The Sensex closed 142 points, or 0.37 %, higher at 38,182.08 and the Nifty ended at 11,270.15, with a gain of 56 points, or 0.50 %.
•Top Stocks lifting Market: L&T, BEL, Bharat Forge, other defence stocks gain as Government looks to push local manufacturing
•Pharma shares in focus:Alogn with Divis Lab, Cipla, Laurus labs, and Lupin have all made significant gains today.
•ICICI Bank QIP: Floor price at Rs 351.36; allotment to be decided Aug- 14
Important Data – Result Impact
Divis Lab : Hits fresh 52-week high; jumps 16% on, Apr-Jun quarter results
Bank Of Baroda : Posts Q1Loss of Rs.864 Crore
Titan Company :Q1Loss Of Rs.270 Crore
Force Motors : Q1 Loss OfRs. 64.99 Crore
Equitas : Q1 Net Profit Down 25% At Rs. 52.5 Crore
Cipla : June 2020 Net Sales at Rs 4,346.16 crore, up 8.95% Y-o-Y
Cochin Shipyard:April-June profit down 65% to Rs 42.64 crore
Kajaria Ceramic :June 2020 Net Sales at Rs 277.56 crore, down 60.35% Y-o-Y
Power Grid Corporation: Q1 profit at Rs 1,978.9 crore versus Rs 2,427.9 crore, revenue at Rs 8,988.7 crore versus Rs 8,804.1 crore YoY.
August -11 Company Result
•Central Bank of India
•Metropolis Health care
•Suven Life Sciences
GE Power India