Goodwill Investors’ Education:
Eagle’s Eyes: Stock Market Today- A review:
MARKET NEWS TODAY: Bank Nifty19852 .NIFTY 9767 SENSEX:33042…now
- Asian markets started the week on the backfoot on Monday while oil prices slipped
- US stocks ended higher on Friday as bargain hunters stepped back into the market following sharp losses a day earlier
- Gold prices fall for the second day, Silver too by Rs 200 in 2 days. Oil slips.
- But Petrol, Diesel prices in India up!
- IndusInd, ICICI Bank, Axis bank, Bajaj Finance, Tata Steel ..all down.
Grasim Industries Ltd..the flagship company of Aditya Birla Group announced Q4 results. Consolidated net profit is up by 45.61 % to Rs 2305.19 Cr. against Rs 1583cr Q-o-Q. Today Grasim is down by 2.62 % and is @ Rs 586 per share
Hindalco company posted a 43.2% decline in consolidated profit to ₹668 crore in Q4 of 2019-20 due to lower income. Hindalco had posted a consolidated profit of ₹1,178 crore last year. Now Hindalco is up by 1 % and @ Rs.147 per share in NSE.
Pharma Stocks rule the roost in the weak market.
Astra Zeneca India jumps 6 % in the markets due to its parent company in the process of finding out a vaccine with the help of Univ. of Oxford.
While Tata Motors is down by 3 %, Eicher Motors is up 1.4 %
The economic factors impacted by Covid ’19, FIIs withdrawals are stated to be the reason for the huge fall in Bourses.
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