//]]> //]]> Indian Stock Market Analysis: Stock Market Trade Tips for 6th August : Things to know

Wednesday, August 5, 2020

Stock Market Trade Tips for 6th August : Things to know

Today, Sensex settled 25 points lower at 37,663.33 and the Nifty ended at 11,101.65, up 6 points. So, exchange ended almost flat on August 5 amid volatility as participants preferred to book some profits at higher levels.

According to pivot charts, the key support level for the Nifty is placed at 11,035.23, followed by 10,968.77. If the index moves up, the key resistance levels to watch out for are 11,196.93 and 11,292.17.

High Delivery Stocks List :



Results on August 6 :

Lupin, HPCL, Adani Enterprises, Adani Power, Vodafone Idea, Bayer Cropscience, Blue Star, Dalmia Bharat, Deepak Nitrite, Embassy Office Parks REIT, Gujarat Pipavav Port, Gujarat State Petronet, HCL Infosystems, Indian Hotels, JK Tyre, Lemon Tree Hotels, Novartis India, Pidilite Industries, Torrent Power, Whirlpool of India, etc.

Stocks in the news :

JK Lakshmi Cement: Q1 profit at Rs 48.9 crore and revenue at Rs 911.5 crore.

VIP Industries : Q1 loss at Rs 51.3 crore and  revenue at Rs 40.3 crore.

Inox Leisure: Q1 loss at Rs 73.64 crore and revenue at Rs 0.25 crore.

Adani Gas: Q1 profit at Rs 38.91 crore and revenue at Rs 206.6 crore.

Vivimed Labs: The company received an export order for the supply of 'Favulous' tablets 200 mg (Favipiravir) that is used for the treatment of mild to moderate cases of COVID-19.

Canara Bank Q1: Profit at Rs 406.24 crore and revenue at Rs 6,095.55 crore.