Syock update 10 Aug

 


 

Markets end in green. Pharma stocks in focus

Benchmark indices erase some of their intraday gains but end higher on August 10


Major headlines

  • Caplin Point Laboratories Q1 net profit up by 9.7% YoY to Rs. 54.5 crore
  • TTK Prestige Q1 net profit slipped by 96% YoY to Rs. 2.6 crore
  • Meghmani Organics Q1 net profit fell by 31.2% YoY to Rs. 39.1 crore

For all the day's market news click here

Indian indices

Indian stock markets ended in green but off day's high on August 10, led by gains in pharma, auto and financial stocks and also on the back of positive global cues. The Sensex rose by 0.37% or 141.51 points to 38,182.08. The Nifty advanced by 0.50% or 56.10 points to 11,270.15.

The market breadth was in favour of advances with an advance-decline ratio of 2:1.


Indices performance for the day

IndicesClosingChg (pts)Chg (%)
BSE Sensex38,182.08141.510.37
NSE Nifty11,270.1556.100.50
BSE Midcap14,420.70201.831.42
BSE Smallcap13,869.08200.391.47

Following are the stocks/sectors which were in news today:

  • Divi's Laboratories surged by 11.95% to Rs. 3,117.10, after the company's consolidated net profit jumped by 81% to Rs. 492 crore in Q1 FY21.
  • REC gained 2.03% to Rs. 107.90, after the consolidated net profit rose by 22.29% to Rs. 1,845.30 crore in Q1 June 2020.
  • Container Corporation of India (CONCOR) slumped by 15.20% to Rs. 386.35, after the company's consolidated net profit dropped by 78% to Rs. 49.29 crore in Q1 June 2020.
  • Affle India hit an upper circuit of 10% to Rs. 2,025.95 after the company's consolidated net profit jumped 42.3% to Rs 18.77 crore in Q1 June 2020.
  • IPCA Laboratories rose by 7.36% to Rs. 2,099.60, after consolidated net profit surged by 244% to Rs. 445.68 crore in Q1 June 2020.

Market sentiment

Market breadth (No of shares) Volume (Rs in crore)
 BSENSE BSENSE
Advance17631237Cash3,916.5160,642.16
Decline999612F&O-1,040,923.00

Sectoral & stock screening

 

BSE Sensex A Group

Top 5 GainersClosing PriceChg (%) Top 5 LosersClosing PriceChg (%)
HFCL17.1319.79 CONCOR386.35-15.20
Emami307.3519.29 Birla Corporation604.90-7.37
Va Tech Wabag149.3018.30 Meghmani Organics63.75-5.76
Strides Pharma Science609.1016.23 PC Jeweller16.40-5.58
Himatsingka Seide84.3014.85 RBI Bank181.10-5.33

To view all the key market data/statistics of the day click here

Global signals

Asian stock markets traded mostly higher on August 10, but investors remained cautious over heightened US-China tensions in recent weeks.

European stock markets advanced on August 10, after brushing off tensions between the US and China that have dampened investor sentiment in Asia.

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