//]]> //]]> Indian Stock Market Analysis: Stock Market Trade Tips for 7th August : Things to know

Thursday, August 6, 2020

Stock Market Trade Tips for 7th August : Things to know

Today, stock market ended with good gains as the measures announced by RBI boosted investor sentiments.The Sensex closed 362 points higher at 38,025.45 and the Nifty ended the day at 11,200.15, up 99 points.

According to pivot charts, the key support level for the Nifty is placed at 11,132.73, followed by 11,065.27. If the index moves up, the key resistance levels to watch out for are 11,262.23 and 11,324.27.

High Delivery Stocks List :


Stocks in the news :

HPCL: Q1 profit at Rs 2,813.8 crore and revenue at Rs 37,721 crore.

Vodafone Idea: Q1 loss at Rs 25,460 crore and revenue at Rs 10,659.3 crore.

Adani Enterprises: Q1 loss at Rs 65.7 crore and revenue at Rs 5,265.2 crore.

Deepak Nitrite: Q1 profit at Rs 98.9 crore and revenue at Rs 674.5 crore.

Torrent Power: Q1 profit at Rs 372.7 crore and revenue at Rs 3,007 crore.

Indian Hotels: Q1 loss at Rs 312.60 crore and revenue at Rs 143.6 crore.

Pidilite Industries: Q1 profit at Rs 15.8 crore and revenue at Rs 877.8 crore.

Results on 7th August :

Mahindra & Mahindra, Cipla, Siemens, Abbott India, Aditya Birla Capital, Alkem Laboratories, Bata India, Amara Raja Batteries, Andhra Paper, Automotive Axles, Balrampur Chini Mills, BEML, Birla Corporation, Container Corporation of India, Emami, Entertainment Network India (ENIL), Finolex Industrie, Kajaria Ceramics, Mahanagar Gas, Nucleus Software Exports, Punjab & Sind Bank, REC, Shipping Corporation of India, Sobha etc.