Monday 5 August 2013

Sensex gains marginally; Jindal Steel up 8%, NTPC adds 4%

The market has been extremely stubborn today refusing to budge ahead amid volatile trading. The Sensex is up 31.96 points at 19195.98, and the Nifty adds 9.70 points at 5687.60.  About 1000 shares have advanced, 1105 shares declined, and 132 shares are unchanged.

From the small cap space, TV Today is the big buzzer today, up 20 percent after posting a Rs 12 crore profit against a loss of 35 lakh, year-on-year.

Tata Chemicals shares lost nearly 4 percent after the Tata Group company's consolidated net profit dropped more than 30 percent on yearly basis to Rs 75.2 crore in first quarter, but net sales grew by 8.9 percent Y-o-Y to Rs 3,292 crore during the quarter.

Oudh Sugar Mills' loss widened to Rs 27.4 crore in April-June quarter from Rs 6.2 crore on yearly basis while net sales fell by 24 percent year-on-year to Rs 271.2 crore during the quarter. The stock is down 1 percent.

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