Today
market is still flat. The Nifty is nearing 8600 and index is up 4.70
points at 8593.35 while the Sensex is up 9.10 points at 28307.23.
About 1200 shares forward, 738 shares down, and 111 shares remains
unchanged. Click to read more Nifty option tips
ONGC,
Vedanta, Sun Pharma, Reliance and Tata Motors are top-mostgainers
while ITC, Coal India, GAIL, Bajaj Auto and SBI are top gainers. 9:50
am Tata Motors's first quarter total net profit (excluding forex
gains) may jump 42% every year to Rs 3,100 cr. as Jaguar Land Rover,
which has supported consolidated bottomline at the time of slowdown
in commercial vehicle space, may hurt June quarter earnings.
Revenue
is expected to fall by 2.5% to Rs 63,068cr. as compared to Rs 64,683
cr. in the year-ago period, according to average of estimates of
analysts polled by CNBC-TV18. 9:30 am FII View: Chris Wood, CLSA said
there has been some positive news from India this week: in a major
positive, minister of state for Finance Jayant Sinha and Hasmukh
Adhia the Financial Services Secretary provided in-detail roadmap PSU
banks. There is also confirmation that government would declare new
heads for five PSU banks, he added.
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