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BSE Sensex is currently trading at 27,958, up 244 points. The NSE Nifty is currently trading at 8643 points, up 91 points. Bajaj Auto, SBI, Axis Bank, HeroMotocorp,ICICI Bank, GAIL were among the gainers; while Sun Pharma, Infosys, TCS are the losers.
Metal, realty, industrial, telecom, power, finance stocks, FMCG, IT, consumer discreationary stocks were among the major gainers. The India VIX (Volatility) index was down 4.49% at 14.4600. Out of 1,844 stocks traded on the NSE, 358 declined and 1207 advanced today.
Suzlon Stock was higher by 6% at Rs.17.20.Suzlon Energy Ltd hopes to exit a process of corporate debt restructuring by March 2017, its chairman reportedly said. Kirloskar Oil stock was higher by 5% at Rs.283.The company reported 40.8% YoY growth in the net profit to Rs. 58.70 crore for the quarter ended June 30.
Bharat Forge Ltd stock was higher by 3% at Rs. 746. The company posted a net profit of Rs. 1220.60 million for the quarter ended June 30, 2016 as compared to Rs. 1959.70 million for the quarter ended June 30, 2015. Total Income has decreased from Rs. 12159.70 million for the quarter ended June 30, 2015 to Rs. 9826.70 million for the quarter ended June 30, 2016.
Future Enterprises Ltd stock was down by 2% at Rs.18. The Board of Directors of the Company has approved to issue of Secured Redeemable Non-Convertible Debentures (NCDs) for a value upto Rs. 1,250 Crore in one or more tranches within a period of one year, subject to approval by the members. Thomas Cook India Ltd stock was higher by 3% at Rs.202. The net profit rose 55.78% in June quarter to Rs.62.02 crore. Deepak Nitrite Ltd stock was up by 2.5% at Rs.104. The net profit rose 230% in June quarter to Rs.67.86 crore.
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