Monday, 23 July 2018

Sensex Starts the Week on a Positive Note, Nifty Above 11k and UPL Rises 3%

All sectoral indices are trading in the green, with maximum buying seen among FMCG, financials as well as metal stocks

HDFC Bank falls:

Shares of HDFC Bank fell over 2% on Mon morning as investors reacted to the fine-print of the Gregorian calendar month quarter results declared by the loaner.

The stock touched an intraday high of Rs 2,160.00 and an intraday low of Rs 2,139.95.

The country’s largest non-public sector loaner (by market capitalization) announce associate 18.2 % year on-year (YoY) increase in its half-moon net income at Rs 4,601.44 crore missing expectations on the back of lesser than expected growth in interest financial gain.

South Indian Bank falls:

Shares of South Indian Bank plunged 18% on Monday morning as investors turned cautious of a fall in its profit. The stock touched AN intraday high of Rs 20.60 and an intraday low of Rs18.45.

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OPENING BELL SENSEX UP 85.05 @ 38692.06 NIFTY UP 16.15 @ 11612.85 BANKNIFTY DOWN 5.55 @ 29780.55 USD/INR 69.072 ...