On July 18, 2023, Reliance and Tata Elxsi shares can fill investors’ wallets.
Technology consulting and digital solutions company LTIMindtree reported a 3.4 per cent rise in profit at Rs 1,151.5 crore in the June quarter. Sheela Foam, a polyurethane foam maker, has received approval from its board to acquire Curlon Enterprise and House of Kierya. Tata Elxsi’s profit in the June quarter increased by 2.2 percent to Rs 188.85 crore. The joint venture of RPP and HSEA has bagged a new project worth Rs 138.24 crore in Himachal Pradesh. The board of Hindware Home Innovation has approved the proposal to appoint Salil Kapoor as CEO.
There can be ups and downs in these stocks
According to the momentum indicator MACD, the shares of Firstsource Solutions, Rama Steel Tubes, Sterling and Wilson, Hindustan Copper and LT Foods gained momentum on Tuesday. Can On the other hand, shares of Bharti Airtel, MRPL, JSW Steel, BPCL and Vascon Engineers are expected to decline.
Results of these companies will come today
IndusInd Bank, ICICI Lombard General Insurance Company, ICICI Prudential Life Insurance Company, JSW Ispat Special Products, L&T Technology Services, Network18 Media & Investments, Polycab India, TV18 Broadcast, Bharat Bijlee, CIE Automotive India, HeidelbergCement India, Himadri Specialty Chemical on Tuesday , Lotus Chocolate and Mudra Financial Services will announce their June quarter results.
Market condition on Monday
On Monday, the 30-share BSE Sensex closed at 66,589.93 points, up 529.03 points, or 0.80 percent. This is its all-time high so far. During the trading, the Sensex had gone up to a record 66,656.20 points with a gain of 595.31 points, or 0.90 percent. The National Stock Exchange’s Nifty also closed at an all-time high of 19,711.45 points, up 146.95 points, or 0.75 percent. During trading, it jumped 167.35 points to record 19,731.85 points. State Bank of India, Wipro, Reliance Industries, HDFC Bank, Kotak Mahindra Bank and IndusInd Bank were major gainers in the Sensex pack. Tata Motors, Bharti Airtel, Titan and JSW Steel were among the losers.