We had mentioned in the Monday’s closing report that Nifty, Sensex were trading in a range. On Tuesday, the indices opened higher but suffered a minor correction. On the NSE, there were 808 advances, 1,078 declines and 361 unchanged.
The trends of the major indices in the course of Tuesday’s trading are given in the table below:
SBI Life Insurance posted a net profit of Rs 532.38 crore for the March 2021 quarter, growing only slightly from Rs 530.67 crore in the corresponding quarter of the previous year.
The Reserve Bank of India imposed a penalty of Rs 3 crore on ICICI Bank for rule violations.
Kotak Mahindra Bank reported consolidated profit of Rs 2,589 crore in the quarter ended March 2021, up from Rs 1,905 crore in the year-ago period.
L&T Technology Services reported consolidated profit of Rs 194 crore, compared to Rs 205 crore YoY. Revenue dipped slightly to Rs 1,440 crore from Rs 1,447 crore in the previous year.
Alembic Pharma’s joint venture Aleor Dermaceuticals has received tentative approval from the USFDA for Metronidazole Gel USP, 1 %.
Morepen Laboratories reported consolidated net profit of Rs 26.7 crore from Rs 11 crore YoY. Revenue grew 38.7% YoY to Rs 286.6 crore.
Anupam Rasayan has issued a letter of intent to install solar power plant by investing Rs 43 crore.
Bafna Pharmaceuticals has added two fully automated packaging lines to its existing capacity, approved by the UK-MHRA for the United Kingdom and the European Union (EU).
IIFL Securities reported net profit of Rs 77.32 crore compared to Rs 37.26 crore in the year ago period. Revenue grew 22% YoY to Rs 256.18 crore.
SpiceJet's air cargo arm SpiceXpress airlifted 2,450 oxygen concentrators from Nanjing, China and Hong Kong to Kolkata and New Delhi.
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: