Markets Finish Strong

Thu, 28 Jul Closing

   Previous Close   

   Pre-Open   

   09:30 am   

   11:30 am   

   01:30 pm   

Indian indices are holding the morning gains presently with investors making some brisk purchases. Sectoral indices are trading on a mixed note with stocks from the consumer durables and realty sectors leading the gains. Metal and capital goods stocks are however trading in the red.

The BSE Sensex is trading up 84 points (up 0.3%) and the NSE Nifty is trading up 24 points (up 0.3%). The BSE Mid Cap index is trading up 0.7% while the BSE Small Cap index is trading up by 0.8%. Gold prices, per 10 grams, are trading at Rs 31,215 levels. Silver price, per kilogram is trading at Rs 47,904 levels. Crude oil is trading at Rs 2,825 per barrel. The rupee is trading at 67.02 to the US$.

As per an article in The Economic Times, Dabur plans to invest about Rs 5 billion in this fiscal to set up new production units as well as expand the existing plants in India and abroad.

Reportedly, the company is following a prudent growth strategy to manage risks and challenges. The company will also continue to focus on brand-building and leverage on its position of science-based Ayurveda specialist (Subscription Required).

Meanwhile, Dabur India has posted a consolidated net profit of Rs. 2.9 billion for the quarter ended June 2016. The company had posted a consolidated net profit of Rs 2.6 billion in the June 2016 quarter.

Further, the sales grew by a mere 1.2% YoY to Rs 19.2 billion in the June 2016 quarter from Rs 19 billion in the year-ago period

The categories which witnessed growth included oral care business which grew 12% during the first quarter, while the foods business grew over 4%. The company's international business grew nearly 6% led by Nepal, Egypt and Turkey, the reports stated.

Moving on to the news from <>retail sector. According to an article in a leading financial daily, <>PC Jeweller Ltd is raising Rs 2.6 billion from US-based investment firm Fidelity to support its growth strategies.

The company said that its board has approved the issue of compulsorily convertible preference shares on private placement basis.

Moreover, this is the second private funding for the firm to fuel its expansion plan this year. It had earlier raised Rs 4.3 billion from an existing investor DVI Fund Mauritius.

Further, the proceeds from DVI Fund and Fidelity would be utilized as capital expenditure for future expansion. Part of the funds raised will also be used to set up a manufacturing unit in Delhi-NCR, the company stated.

As part of growth plans, it is also tying up with local jewellers as franchisees to expand across India. The company plans to open 20 stores every year till 2020 across all store formats, the reports stated.

Keywords: BSE Sensex, BSE, NSE Nifty, NSE, Indian stock markets, BSE Midcap, BSE Small cap, Rupee Dollar exchange rate, Indian equity market indices, Sensex today, retail & FMCG sector, Dabur, PC Jeweller.

Sector Focus: Retail & FMCG sector.

Description: Indian markets trade in the green with Sensex trading up by 84 points, while the Nifty is trading up by 24 points.

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