34709Landlords gain from rental yield increase, tenants’ budget gets spoiled!
In the previous session, the BSE Sensex gained 295 points to close at 49,502, while the Nifty50 rose 119 points to 14,942
Markets continued the gaining momentum for the fourth consecutive session on Monday, driven higher by autos, metals and pharmaceuticals. The BSE Sensex gained 295 points to close at 49,502, while the Nifty50 rose 119 points to 14,942. The Nifty Bank traded in line with benchmarks, rising 237 points to close at 33,142.
Here are key things to know before the opening bell today
SGX Nifty slips over 1% indicating a negative start for the Indian markets. At 14,800 (7.20 am) , SGX Nifty slipped about 200 points in trade. This was following the declines seen in Asian markets. Asian markets also logged in declines in opening trade
Dow Jones slipped after touch record
Nasdaq slipped over 2.5% on Monday as technology stocks tumbled, while the S&P 500 fell over 1% and Dow Jones ended with a negative bias. Dow Jones Industrial Average fell 34.94 points, or 0.1% to 34,742.82, the S&P 500 lost 44.17 points, or 1.04% to end at 4,188.43 and the Nasdaq Composite dropped 350 points, or 2.55% to close at 13,401.
FII and DII data
Foreign institutional investors net bought shares worth Rs 583 crore, while domestic institutional investors net sold shares worth Rs 476 crore in the Indian equity
Results Today
Siemens, Alembic, Andhra Paper, BASF India, Bliss GVS Pharma, Dishman Carbogen Amcis, Firstsource Solutions, Godrej Consumer Products, Granules India, Huhtamaki India, Kalpataru Power Transmission, KEC International, Linde India, Magadh Sugar & Energy, Mahindra EPC Irrigation, Matrimony.com, Neuland Laboratories
Stocks in News
HFCL: In quarterly earnings, higher consolidated profit at Rs 84 crore in Q4FY21 against Rs 5.78 crore in Q4FY20, revenue rose to Rs 1,391.4 crore from Rs 663 crore YoY.
JMC Projects: The company reported consolidated profit at Rs 41.44 crore in Q4FY21 against loss of Rs 54.76 crore in Q4FY20, revenue rose to Rs 1,392.22 crore from Rs 976.28 crore YoY.
HSIL: The company reported profit at Rs 33 crore in Q4FY21 against Rs 3.4 crore in Q4FY20, revenue jumped to Rs 633 crore from Rs 461 crore YoY.