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On the BSE, all sectoral indices ended in the green The metal index was up over 7 percent and other sectoral indices rallied between 1-3 percent
Asian shares edged higher on Tuesday despite data reinforcing investor fears the global economic recovery may be more fragile than expected, even as inflationary pressures remain high. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.84% on Tuesday, but is still down the index is down 6.7% so far this month. U.S. stocks ended the previous session with mild losses.
Bharti Airtel, Indian Oil , DLF, PI Industries, Abbott India, GMR Infra, Dr Lal Pathlabs, Kajaria Ceramics, IRB Infra, Zydus Wellness, EID Parry, Jubiant Ingrevia, Sapphire Foods and Minda Corp are among the companies which will announce their earnings today.
Voltas, HDFC Bank, REC, Lupin, Dixon Technologies and Indus Towers were among the stocks that touched their 52-week low on the BSE
Stocks that were in focus include names like Indus Towers which fell more than 4 per cent, State Bank of India was down nearly 4 per cent, and Tata Motors closed with gains of nearly 9 per cent on Friday.
Bharat Forge, GSK Pharmaceuticals, Century Plyboards, VIP Industries, MCX, Raymond, Ami Organics, Dodla Dairy and Greenply Industries are among companies which will announce their quarterly earnings today.
MSCI has added four stocks to its Global Standard index, namely Tata Elxsi, Adani Power, Jindal Steel & Power and AU Small Finance Bank. Tata Elxsi is likely to see flows of $188 million, followed by $150 million each in Adani Power and Jindal Steel & Power, Edelweiss said in a note.