Tag: Bajaj Auto

Daily Market Update May 5

Previous Day Market Sensex closed at 48,253.51 down by 465.01 points Nifty closed at 14,496.50 down by 137.65 points Adani Ports and SEZ reported 288% growth in net profit at Rs.1,288 crore for the Mar-21 quarter. Total revenues were up 24% at Rs.3,608 crore. The company now has a 41% market share of port volumes

Weekly Triggers Jan 18

Trigger for the Week How will it impact? ·         Nifty held 14,400 and Sensex 49,000 after Friday’s correction ·         Options data hints at Nifty range of 14,000 to 14,600 with likelihood of pre-budget VIX scaling 30 levels ·         Lower than expected inflation hints at RBI continuing accommodation ·         CPI inflation at a multi-quarter low of

Daily Market Update Jan 5th

It looks like good tidings for steel companies as steel product prices have been hiked by up to Rs.2400/tonne. However, steel companies have indicated that this may just be the first phase and actual price hikes could even go as high as Rs.6000/tonne in some cases. HRC prices have been increased by around Rs.1500/tonne while