The Indian markets opened Thursday’s trading session with a marginal decline amid weak global cues. The Nifty 50 index dropped by 85 points, or 0.37 per cent, to 24,526, while the BSE Sensex fell by 304 points to 80,406 during early trade.
In the broader market on the National Stock Exchange, all major indices, including Nifty Next 50, Nifty 100, Nifty Midcap, and Nifty Small Cap, experienced selling pressure and declined. Among the sectoral indices, all except Nifty FMCG, Nifty IT, and Nifty Realty faced declines, with Nifty Media dropping by more than 2 per cent under high selling pressure.
Stocks to be in focus today, according to Zee Business Experts
Dividend Stocks: UTI AMC, Tanla Platforms, Can Fin Homes, Amara Raja Energy & Mobility, other stocks to trade ex-dividend on Thursday
Quarterly Results: Infosys, Tata Tech, Tata Comm, LTTS, Havells India and 45 other companies will report quarterly results on Thursday.
Aurobindo Pharma Stock: Company board is scheduled to meet on July 18 to consider a buyback of shares.
Asian Paints Stock: Company reported weaker quarterly results. Its revenue declined about two per cent to Rs 8,970 crore, its net profit decreased by about one-fourth to Rs 1,187 crore and margin contracted by 420 bps to 18.9 per cent for the June quarter.
LTIMindtree Stock: Company reported a 3.1 per cent sequential increase in its consolidated net profit to Rs 1,134 crore with a margin of 15.0 per cent for the June quarter.
Royal Enfield Stock: Company has rolled out the Guerrilla 450, priced at Rs 2.39 lakh
IREDA Stock: Company said that it will invest Rs 290 crore in a 900 MW hydroelectric power project in Nepal.
Bajaj Electricals Stock: Bajaj Electricals Limited has informed regarding the resignation of Mr. Anuj Poddar as Managing Director & CEO of the Company w.e.f September 30, 2024.
Glenmark Pharmaceuticals Stock: Company received final approval by the United States Food & Drug Administration (U.S. FDA) for Topiramate Capsules USP, 15 mg and 25 mg.
ONGC Stock: ONGC has commenced its production from the Coal Bed Methane (CBM) block in Bokaro, Jharkhand.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)
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