Geopolitical Tensions with North Korea, Tata Motors' Q1 Result & Cues to Watch Out Today

Thu, 10 Aug Pre-Open

   Previous Close   

   09:30 am   

   11:30 am   

   01:30 pm   

Indian share markets finished in red for the third straight session as the Sensex took a hit of 216 points to close at a three-week low below the 32,000-mark on growing sense of disquiet following Sebi crackdown against suspected shell companies.

Top Stocks in Focus

Tata Motors share price will be in action today as the company reported a 41.54% jump in net profit to Rs. 31.99 billion for the June quarter of the current fiscal, benefiting from one-time gain relating to changes made to JLR pension plans.

It had posted consolidated net profit of Rs 22.6 billion in the April-June period of last fiscal. Income from operations during the period under review stood at Rs 598.18 billion, as against Rs 661.65 billion in the year-ago period, down 9.59%.

Tata Motors said its operating performance broadly reflected JLR's lower wholesale volumes excluding the China JV and continuation of higher competitive incentive levels and launch and growth costs seen in FY17.

In news from energy sector, as per an article in The Hindu Business Line, the government has tweaked the terms of sale of its 51.11% stake in Hindustan Petroleum Corp Ltd (HPCL) to Oil and Natural Gas Corp (ONGC) by including phrases that will help avoid triggering an open offer.

DIPAM amended the terms to state that HPCL will continue to be a Government company in terms of section 2(45) of the Companies Act, 2013 and will continue to be controlled by the Government of India through ONGC under the administrative control of the Ministry of Petroleum and Natural Gas.

Though the government is cashing out on its holding, the amended terms make it clear that it will continue to retain control of HPCL, adding since there is no transfer of actual control, there would be no requirement of an open offer.

Lupin share price to be in focus today after the company received approval from the US health regulator to market Pitavastatin tablets used for lowering cholesterol. According to IMS MAT June 2017 data, Livalo tablets had US sales of US$272 million.

Meanwhile, Tata Steel is actively looking at inorganic expansion as part of its growth strategy while it aims to ramp up capacity in India.

As per Livemint, this comes at a time when several large steel producers such as Essar Steel and Bhushan Steel Ltd are facing insolvency proceedings due to their inability to service debt. Tata Steel has a current capacity of 24mt, including its European operations. The production ramp-up at its Kalinganagar facility was one of the reasons the firm swung to a profit in the June quarter.

Bank of India share price is expected to be focus as the company registered a standalone net profit of Rs 877.1 million for the first quarter ended June as compared to a net loss of Rs 3.74 billion a year ago.

Gross NPAs slowed down by 1.7% to Rs 510.19 billion at the end of the June quarter from Rs 518.75 billion in the same quarter last year.

Sun pharma share price is expected to be in limelight as the company continues to slide. Sun Pharmaceutical Industries' shares slumped as much as 5% to their lowest in over four years after unit Taro Pharmaceutical Industries Ltd's June-quarter profit halved to US$54.5 million.

Global Markets Wobble Amid Geopolitical Tensions with North Korea

Gold prices rose amid rising tensions between the United States and North Korea after the latter responded to warnings from U.S. President Donald Trump with a threat to strike the U.S. Pacific territory of Guam. Asian markets and European markets too were spooked by President Donald J. Trump's comments over North Korea.

Meanwhile, China's exports and imports grew much less than expected in July, raising concerns over whether global demand is starting to cool even as major Western central banks consider scaling back years of massive stimulus support.

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

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers