Stock Market Update: Buying is being seen in the domestic stock market today amidst mixed global signals. Both Sensex and Nifty indices are bullish in today’s trading.
Sensex has strengthened more than 200 points, while Nifty has reached near 17250. Buying is being seen in today’s business.
Auto index on Nifty has gained more than 2 per cent. The metal index is up about 1 percent. Bank, financial and IT indices are also in the green. FMCG and Realty Index are seen in the red mark.
At present, the Sensex is up by 220 points and it is trading at the level of 57790. While Nifty is trading 81 points higher at the level of 17240.
Today there is a buy in heavyweight stocks. 20 stocks of Sensex 30 are seeing a rise. Today’s top gainers include M&M, MARUTI, RELIANCE, ULTRACEMCO, BAJFINANCE, WIPRO and DRREDDY.
Today on August 1, ITC, Zomato and UPL are going to release their June quarter results. Apart from these, the results of Arvind, Barbeque-Nation, Castrol India, Escorts Kubota, Eveready, Indo Count, Max Financial, Punjab & Sind Bank, The Ramco Cements, Thyrocare Technologies, Triveni Turbine and Varun Beverages will also come out today.
Bank of Baroda’s profit in the June quarter increased by 79.4 percent year-on-year to ₹ 2,168 crore. The net interest income of the bank increased by 12 percent to Rs 8,838.4 crore. Credit growth has been 18%.
Also Read – Stock Market Update Today: Today’s Top Gainers