Share Market Prediction for 9th August 2023 shares to watch
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Drug company Lupine says that its US subsidiary Novell Laboratories has received approval from the US FDA for the new drug. IRDA has approved the proposal to appoint Amit Jhingran as MD & CEO of SBI Life Insurance Company. Southern real estate company Prestige Estates Projects reported a 30.3 per cent rise in profit to Rs 267 crore in the June quarter. Data Patterns India’s consolidated profit also jumped 81.4 percent to Rs 25.83 crore in the June quarter. During this period, the company’s revenue also increased by 31.2 percent to Rs 89.7 crore.
There can be ups and downs in these stocks
According to the Momentum Indicator MACD, the shares of Bank of Maharashtra, Biocon, Wipro, Tech Mahindra and Suven Life Sciences may gain momentum on Wednesday. On the other hand, shares of SAIL, IDFC, GIC Housing, JM Financial and Indian Hotels may decline.
Results of these companies will come today
Tata Power Company, Zee Entertainment Enterprises, Abbott India, Bajaj Consumer Care, Bata Power Company, Berger Paints India, Bharat Forge, Care Ratings, Dreamfox Services, eClerx Services, Granules India, IRCTC, Kalyan Jewelers India, Max Financial Services, Natco Pharma, PI Industries, Sandhar Technologies, Schneider Electric Infrastructure, Shankara Building Products, Sula Vineyards, Sunteck Realty, Trent, Vijaya Diagnostic Center and Zuari Agro Chemicals will announce their quarterly results.
Adani Ports Q1 Results: Gautam Adani’s fun, 82% jump in profit of Adani Ports, Hindenburg’s effect is not far and wide
share market condition on tuesday
Domestic stock markets declined on Tuesday. The 30-share BSE Sensex closed at 65,846.50, down 106.98 points, or 0.16 percent. At one point during the trading, it had broken up to 200.85 points. The National Stock Exchange’s Nifty also closed at 19,570.85, down 26.45 points, or 0.13 percent. PowerGrid, Mahindra & Mahindra, JSW Steel, HCL Technologies, Sun Pharma, Nestle, IndusInd Bank, Reliance Industries, Bharti Airtel and ITC were major losers in the Sensex pack. On the other hand, gainers included Tech Mahindra, Wipro, Bajaj Finance, State Bank of India, Bajaj Finserv, Axis Bank, Titan and ICICI Bank.
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