Market Note: The benchmark indices opening higher on Monday morning with Nifty above 10,700 level gaining 109.40 points or 1.03%, Sensex at 36334.90 by jumping 313.48 points or 0.87% at 9:16 IST.
The stocks market are on a positive run tracking the Asian cues on July 6. Last week, Markets were trading higher for 4 consecutive sessions as the traders look forward for positive movement this week too.
Quarterly Results today:
- NBCC (India)
- Sadbhav Infrastructure Project
- BCL Industries, BMW Industries
- Bodal Chemicals
- DCW, Dynamic Industries
- IFB Agro Industries
- IFB Industries
- JMD Ventures
- Nyssa Corporation
- Welcure Drugs & Pharmaceuticals.
Key Points:
- Financial and Banking stocks led the market to a higher opening on July 6 with Nifty trading above 10,700 level.
- HDFC Bank & InudsInd Bank among the top gainers on market opening; HDFC Bank to be in focus as the Bank on July 4 said that its advances had grown 21% year-on-year.
- Powergrid, Sunpharma & HUL among the losers on the opening bell.
- About 883 shares have advanced, 302 declined and 71 remain unchanged.