Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Indian share markets open firm
Tue, 28 Jan 09:30 am

Barring Taiwan (down 1.6%), all major Asian stock markets have opened the day on a firm note with Malaysia (up 0.3%) and Indonesia (up 0.4%) leading the gains. The Indian share markets have opened the day on a positive note. Stocks in the realty and consumer durables space are leading the gains.

The Sensex today is up by around 59 points (0.3%), while the NSE-Nifty is down by around 18 points (0.3%). Mid and small cap stocks are also trading in the green with the BSE Mid Cap and BSE Small Cap indices up by around 0.9% each. The rupee is currently trading at Rs 63.10 to the US dollar.

FMCG stocks have opened the day on a mixed note with Hindustan Unilever Ltd (HUL) and Lakshmi Energy leading the losses. However, Godrej Consumer Products Ltd (GCPL) and Dabur India are trading in the green. FMCG major Hindustan Unilever has announced its results for the third quarter of the financial year 2013-14 (3QFY14). The company's sales stood at Rs 70,378 m during the quarter, higher by 9.4% year-on-year (YoY). Operating profits increased by 12.7% YoY to Rs 12,268 m. Operating profit margins improved from 16.4% in 3QFY13 to 17% in 3QFY14. Depreciation charges and interest expenses increased by 8.7% YoY and 141.7% YoY respectively. At the bottomline level, net profit increased by 21.9% YoY to Rs 10,623 m. Net profit margins expanded from 13.1% in 3QFY13 to 14.7% in 3QFY14.

Credit rating stocks have opened the day on a firm note with ICRA Ltd, CRISIL Ltd and Credit Analysis and Research Ltd (CARE) trading in the green. Credit rating agency ICRA has announced its results for the third quarter of the financial year 2013-14 (3QFY14). The company's sales stood at Rs 425 m during the quarter, higher by 10.6% year-on-year (YoY). Operating profits increased by 20% YoY to Rs 186 m. Operating profit margins improved from 40.3% in 3QFY13 to 43.8% in 3QFY14. At the bottomline level, net profit increased by 15.6% YoY to Rs 122 m. Net profit margins expanded from 27.4% in 3QFY13 to 28.6% in 3QFY14. During the nine month period ended December 2013 (9MFY14), sales and net profits increased by 10.7% YoY and 20.8% YoY respectively.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary


What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Indian share markets open firm". Click here!

  

Related Views on News

ICRA 2019-20 Annual Report Analysis (Annual Result Update)

Dec 1, 2020 | Updated on Dec 1, 2020

Here's an analysis of the annual report of ICRA for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of ICRA. Also includes updates on the valuation of ICRA.

ICRA LTD Announces Quarterly Results (3QFY20); Net Profit Down 14.9% (Quarterly Result Update)

Feb 11, 2020 | Updated on Feb 11, 2020

For the quarter ended December 2019, ICRA LTD has posted a net profit of Rs 225 m (down 14.9% YoY). Sales on the other hand came in at Rs 794 m (down 6.3% YoY). Read on for a complete analysis of ICRA LTD's quarterly results.

ICRA LTD Announces Quarterly Results (2QFY20); Net Profit Down 27.5% (Quarterly Result Update)

Nov 6, 2019 | Updated on Nov 6, 2019

For the quarter ended September 2019, ICRA LTD has posted a net profit of Rs 193 m (down 27.5% YoY). Sales on the other hand came in at Rs 776 m (down 4.2% YoY). Read on for a complete analysis of ICRA LTD's quarterly results.

ICRA LTD 2018-19 Annual Report Analysis (Annual Result Update)

Oct 18, 2019 | Updated on Oct 18, 2019

Here's an analysis of the annual report of ICRA LTD for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of ICRA LTD. Also includes updates on the valuation of ICRA LTD.

More Views on News

Most Popular

My Secret to Find Breakthrough Stocks (Fast Profits Daily)

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.

Are the Stock Markets Deaf to Covid Agony? (Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

The Worst Sector in the Market (Fast Profits Daily)

May 11, 2021

The worst sector in the stock market according to the charts.

The Key to Profit from India's EV Revolution (Profit Hunter)

May 7, 2021

Stocks you must consider investing in before buying your first electric vehicle.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


May 14, 2021 03:31 PM

S&P BSE SENSEX 5-YR ANALYSIS

COMPARE COMPANY

MARKET STATS