Monday 29 October 2018




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India market witnessed a third consecutive week of fall where both Sensex and Nifty fell by over 2 percent each.


The Nifty50 retested its crucial support at 10,000 but then bounced back.

Both Sensex and Nifty slipped by about 14 percentfrom highs.

The Nifty index failed to hold 10,100 support levels which remained crucial for the index and slipped to touch a 7-month low of 10,004 levels.


As many as 96 companies on the BSE will declare their results for the quarter ended September later today which include names like BPCL, Colgate Palmolive, Gruh Finance, 




HDFC Asset Management Company, Tata Power, Union Bank of India, Vijaya Bank etc. among others.


BPCL: PAT likely to fall by 30% YoY to Rs 1645 crore

Colgate Palmolive: PAT likely to grow by 14% YoY to Rs 203 crore

Union Bank of India: PAT likely to fall by 2.1% YoY to Rs 2.3 crore


Tata Power: PAT likely to grow by 22% YoY to Rs 469 crore

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