Outlook of Nifty & Bank Nifty Today

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Daily Newsletter

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Shares of Petronet LNG gained over 1.5 percent intraday on Tuesday as Deutsche Bank maintained a buy call on the stock with a target of Rs 310. IndusInd Bank, has reported a net profit of Rs 1,035.7 crore for the quarter ended on June 30, 2018. The profit has risen 24 percent from Rs 836.5 crore that it posted during the quarter last year. Shares of Prakash Industries rose 5 percent as company reported strong numbers in the quarter ended June 2018 (Q1FY19). The company Q1 net profit jumped 184 percent at Rs 168.7 crore against Rs 59.4 crore in the same quarter last fiscal. Tata Motors June group wholesales up 12 percent at 1 lakh units. It global JLR wholesales was at 37,490 units. Share price of Steel Strips Wheels added more than 4 percent as company bagged largest exports order from USA.The company has bagged its largest exports order for truck & trailer aftermarket from USA. The said order comprises supplies of 1,10,000 truck steel wheels in 5 months from its Chennai plant from next month onwards. United Cadila Healthcare share price erased opening gains after rising more than a percent due to tentative approval from the US health regulator for the oral iron chelator.

Stock in ban period IDBI


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