Nifty, Sensex is trendless – Thursday closing report
Moneylife Digital Team 01 July 2021
We had mentioned in Wednesday’s closing report that Nifty, Sensex may remain under pressure. On Friday, the indices opened higher but continued to decline and ended with minor losses. On the NSE, there were 968 advances, 1,008 declines and 63 unchanged.
The trend of the major indices on Thursday’s trading are given in the table below:
Vodafone Idea reported consolidated net loss of Rs 7,022.8 crore for the quarter ended 31 March 2021 against a loss of Rs 11,643.5 crore reported in the corresponding quarter of the previous financial year. Sales declined 18% YoY to Rs 9,608 crore from Rs 11,755 crore.
Reliance Infrastructure is in talks with Singapore based-Cube Highways to sell its 4 road assets for an enterprise value of Rs 1,430 crore. The company will use the proceeds from the sale to cut down its debt.
Budget airline SpiceJet on Wednesday reported a net loss of Rs 235.3 crore in the fourth quarter of FY21 against a loss of Rs 807.1 crore in the same quarter of the previous year.
Jain Irrigation Systems reported net profit of Rs 49 crore against a loss of Rs 324 crore in the previous year. Sales grew 19% YoY to Rs 1,794 crore.
Dish TV reported consolidated loss at Rs 1,415.23 crore against a loss of Rs 1,456.25 crore in the year ago quarter. Revenue fell to Rs 751.75 crore from Rs 869.06 crore YoY.
Bajaj Auto’s June sales rose 24% to 3,46,136 units against 2,78,097 units in the year-ago period. Exports saw a big jump of 45 percent at 1,84,300 units versus 126,908 units, YoY. 
Tata Motors domestic sales for June 2021 increased to 43,704 units from 19,387 units in June last year. 
Maruti Suzuki reported total sales of 147,368 units in June 2021, which included domestic sales of 126,196 units, sales to other OEM 4,152 units and exports of 17,020 units.
V-Mart Retail has opened three new stores, one store in the state of Uttar Pradesh and two stores in the state of Jharkhand.
NCC has received five new orders totalling to Rs. 2,149 crore in the month of June, 2021.
Liberty Shoes reported net profit of Rs 6.97 crore in the March 2021 quarter against Rs 1.17 crore in the previous year. Revenue fell to Rs 162.42 crore from Rs 199.84 crore YoY.
Speciality Restaurants promoter Anjan Chatterjee acquired 6.25 lakh equity shares in the company at Rs 63.26 per share and Shah Viren sold 5.86 lakh equity shares in the company at Rs 63.24 per share.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
Free Helpline
Legal Credit