Stock Market Updates: Market started flat amid mixed signals, today’s top 5 shares on which investors will be eyeing
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The Sensex was trading at 65,570.68, up 117.50 points, or 0.18 percent, while the Nifty was down 35.40 points, or 0.18 percent, at 19,507.70. Was doing business at the level of
Weakness is visible in the domestic stock market amid mixed global signals. Sensex and Nifty started flat in today’s trade. The Sensex was trading at 65,570.68, up 117.50 points, or 0.18 percent, while the Nifty was down 35.40 points, or 0.18 percent, at 19,507.70. Was doing business at the level of In today’s business, Auto, IT, PSU Bank, Realty Index are seen in green on Nifty. Whereas most of the indices including Bank, Financial, FMCG on Nifty are showing in red mark. The shares of HCLTECH, POWERGRID, APOLLOHOSP, TATAMOTORS, GRASIM are in green color i.e. in growth, while the shares of HINDALCO, JSWSTEEL, SUNPHARMA, HINDUNILVR, SBILIFE are seen in red color i.e. weak. Today i.e. 11 August 2023, some shares are ready to show action in a volatile market. These stocks can remain in focus in the market today. If you are looking for better stocks in intraday then you can keep an eye on these.
LIC
The profit of Life Insurance Corporation of India (LIC) increased manifold to Rs 9544 crore in the June quarter. The public sector insurance company had earned a profit of Rs 683 crore in the same quarter of the last financial year. LIC’s total income increased to Rs 1,88,749 crore in the June quarter from Rs 1,68,881 crore in the same quarter of the previous financial year. However, the first year premium declined to Rs 6,811 crore in the June quarter from Rs 7,429 crore in the June 2022 quarter, the company said.
SAIL
Public sector Steel Authority of India Limited (SAIL) reported a 74 per cent decline in profit at Rs 212.48 crore in the April-June quarter of the current financial year. The company said that its profit has declined due to increase in expenses. Its profit was Rs 804.50 crore in the same quarter a year ago. SAIL said its total income rose to Rs 24,822.83 crore in the June quarter as against Rs 24,199.51 crore in the same quarter last year.
Air India
The airline’s new brand identity and aircraft livery were unveiled as part of plans to turn around Air India after it came under the ownership of the Tata group. Air India said that the new look of the aircraft has been designed in the gold window frame of the Indian window already used by Air India. It has been described as a symbol of ‘window of possibilities’.
torrent power
Torrent Power Limited (TPL) profit rose 6 percent to Rs 532.28 crore in the June quarter. The company told the stock market that its profit was Rs 502.01 crore in the same period a year ago. The company’s total income rose to Rs 7,413.32 crore in the quarter under review, as against Rs 6,618.62 crore in the year-ago period.
Hero MotoCorp
Two-wheeler maker Hero MotoCorp’s profit in the first quarter of the current financial year increased by 19.63 per cent year-on-year to Rs 700.54 crore. The company had earned a profit of Rs 585.58 crore in the same quarter of the last financial year. Hero MotoCorp’s integrated revenue from operations rose to Rs 8,851.01 crore in the June quarter from Rs 8,447.54 crore in the same quarter last fiscal.
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