Highlights for Today
Market Outlook for the day – Steep recovery in the last hour of Friday's trade suggest that long positions have been carried forward indicating extension to this rise.
Eveready Industries net profit surged 151.7% to Rs 4.53 crore on 12.4% increase in operating income to Rs 296.59 crore in Q3 December 2013 over Q3 December 2012.
Andhra Bank net profit declined 82.27% to Rs 45.57 crore on 12.48% growth in total income to Rs 3900.54 crore in Q3 December 2013 over Q3 December 2012.
Tata Power reported consolidated net loss of Rs 74.91 crore in Q3 December 2013, lower than net loss of Rs 328.92 crore in Q3 December 2012.
Cadila Healthcare consolidated net profit jumped 82% to Rs 186 crore on 17% growth in total income to Rs 1872 crore in Q3 December 2013 over Q3 December 2012.
Results on 10 Feb 2014: Apollo Hospital, BGR Energy, Dhanlakshmi Bank, IFCI, India Cements, JP Associates, NMDC, Tata Motors.
Key benchmark indices edged higher in a choppy trading session. The market edged higher in early trade on firm Asian stocks. Volatility was high. The Sensex regained positive zone after slipping into the red for a brief period in late trade. Gains in Asian and European stocks and rally in US stocks overnight aided the upmove on the domestic bourses on the last trading session of the week. The market breadth, indicating the overall health of the market, was positive.