Asian stocks traded lower on Monday, with stocks in Hong Kong leading losses.
RIL was on the top spot followed by TCS, HDFC Bank, Infosys, HUL, HDFC Ltd, ICICI Bank, Bajaj Finance, SBI and Bharti Airtel
Market update: With a rally of 35.88% Dish TV was the top performer of the week as its shares closed at Rs 17.95 on September 9.
Maruti Suzuki’s revenue to grow at a CAGR of ~18% from FY21 to FY25E and the operating margins of the company to improve by 440 basis points.
Value stocks are the ones that are trading at relatively low multiples compared to their earnings and growth potential
This week Sensex rose 175 points or 0.30% to settle at 58,305. The Nifty 50 index gained 45 points or 0.26% to settle at 17,369.
Indian benchmark equity indices settled with modest gains on September 9 amid the weekly expiry of derivatives contracts.
Overall market breadth was positive as 1,844 stocks advanced on the BSE, while 1,345 declined and 161 remained unchanged.
BSE MidCap index scaled to a new peak of 24,715, while BSE SmallCap index touched a new high of 27,645 in today's session.
Rain Industries' consolidated net profit surged 672.4% YoY to Rs 265.80 crore on a 54.3% jump in net sales to Rs 3,643.47 crore in Q1 June 2021.