Highlights for Today
Market Outlook for the day – Friday’s session is expected to remain volatile as SBI will be announcing its quarterly numbers & WPI figures will also to declared.
Hindalco Industries net profit declined 23.04% to Rs 334 crore on 5.83% growth in revenue from operations to Rs 7273 crore in Q3 December 2013 over Q3 December 2012.
Sun Pharmaceutical Industries consolidated net profit surged 73.73% to Rs 1531.09 crore on 51.59% increase in total income to Rs 4446.82 crore in Q3 December 2013 over Q3 December 2012.
Deccan Chronicle Holdings Ltd has posted a loss of Rs. 3.65 crore for the quarter ended December 31, 2013, as against a loss of Rs. 2.21 crore for the corresponding quarter last year.
Results on 14 Feb 2014: Bajaj Hindustan, CRISIL, Educomp Solutions, Financial Technologies, Geodesic, Gitanjali Gems, Rolta India, M&M SAIL, SBI, Shyam telecom, Unitech.
The markets opened higher in early trade but slipped in red and hit fresh intraday low in the morning trade. Persistent selling extended the losses, stocks from the midcap and small cap baskets also fell as the BSE Midcap and Small cap indices were down by 0.8% and 1.05% respectively. The government will unveil data on inflation based on the wholesale price index (WPI) for January 2014 at 12 noon 14 February 2014.