Market Update:
The Indian indices trading green at market opening on Monday led by a positive indication from the Singapore exchange earlier as it showed green figures.
At Opening Bell, Sensex was trading at 38141.62 up by 12 points or 0.03% and Nifty was up by 5.85 points or 0.05% at 11200, Nifty Bank was trading at 22527 losing 135 points.
Earlier on Friday at close, Sensex was at 38,128.90 down by 11.57 points or 0.03% and Nifty down by 21 points at 11,194.15 or down by 0.19%.
Infosys and HDFC in major focus – Co-Founder of Infosys- Shibulal sold 0.2% of shares in the company; HDFC MD Puri sold 7.4M shares worth Rs 8.4B.
Key Points on Monday morning:
- Markets open flat to positive backed by the mixed or positive global cues, Infosys, Hdfc Bank, Cipla, Indigo, Persistent Systems, Parag Milk and ITC to be in focus today.
- At Market opening, Reliance stands as the top gainer of Nifty.
- Zee Entertain stands as the top loser of Nifty at market opening.
- Yes Bank FPO to be listed and will be in action from Today.
- Mindspace Reit to begin with IPO today and it’s the second such IPO of the sector.
Results Today:
Kotak Mahindra Bank, Tech Mahindra, Marico, Bharat Electronics, United Spirits, Aptech, Escorts, Havells India, Hindustan Media Ventures, HSIL, Indian Metals & Ferro Alloys, India Cements, Jaiprakash Power Ventures, MM Forgings, Nippon Life India Asset Management, Orient Electric, Pfizer, Tejas Networks, V-Guard Industries, etc.
Stocks under F&O Ban today:
Adani Enterprises, Bharat Heavy Electricals, Glenmark Pharmaceuticals, GMR Infrastructure, Indiabulls Housing Finance, Vodafone Idea, National Aluminium Company, RBL Bank, Steel Authority of India and Sun TV are under the F&O ban for July 27.