Indices at 10 am
▲ Nifty: 11,773 (+0.9%)
▲ Sensex: 40,107 (+0.9%)
▲ Nifty Midcap 100: 17,271 (+0.8%)
▼ Nifty Smallcap 100: 5,771 (-0.7%)
Stocks in the news
NCC
- NCC has bagged an order worth ₹833 crore from a subsidiary of Coal lndia Ltd.
- The company’s press release doesn’t mention the duration of the order completion, NCC’s FY20 consolidated revenue from operations stood at ₹8,901 crore.
- The stock is up 2.2%.
Larsen & Toubro
- As per reports, L&T has emerged as lowest bidder for yet another mega contract for the bullet train, at ₹7,289 crore.
- Recently, it had won contract worth ₹24,985 crore for a segment of bullet train project.
- The shares of L&T are up 1.0%.
Tata Motors
- For October, domestic sales volume for passenger cars sees a solid bounce back – 79% YoY and 11% sequentially.
- Similarly, for commercial vehicles (trucks and buses) domestic sales volumes were flattish on YoY basis but grew 12% sequentially.
- The stock is up 2.2%.
Events today
- US Presidential Election results
- Earnings expected from Sun Pharma and Dabur
Fact of the day
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Investment in securities markets are subject to market risks; please read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results. Details provided in the above newsletter are for educational purposes and should not be construed as investment advice by RKSV group. Investors should consult their investment advisor before making any investment decision.