Indian Share Market Reviews 29 May

Script	S1	S2	S3	Pivot	R1	R2	R3
Nifty	9505	9434	9393	9545	9616	9657	9728
Banknifty	23064	22872	22744	23192	23384	23512	23704

 

Key benchmark indices edged down in early trade in the midst of repressed worldwide signals. At 9:20 IST, the gauge index, the S&P BSE Sensex was fall 49.49 points or 0.16 Percent at 30,978.72. The Nifty 50 index fell 20.60 points or 0.21 Percent at 9,574.50. The Sensex fall underneath the mental 31,000 range in early trade. It had settled over that level amid the last trading session. 

Among different records, the S&P BSE Mid-Cap index was gain 0.31 Percent. The BSE Small-Cap index increase 0.22 Percent. Both these records outflanked the Sensex. 

Shares in News

ONGC fall 0.74 Percent after net earnings drop 6.1 Percent to Rs 4340.18 crore on 26.8 Percent in entire income to Rs 26233.56 crore in fourth quarter(Q4) March 2017 over fourth quarter (Q4) March 2016. The result was declared later hours on Friday, 26 May 2017. 

Tech Mahindra fall 12.09 Percent at Rs 377.45 after merged net earnings fell 30.2 Percent to Rs 589.69 crore on 0.26 Percent increase in entire income to Rs 7732.89 crore in fourth quarter(Q4) March 2017 over third quarter(Q3) Dec. 2016. The result was reported later exchange hours on Friday, 26 May 2017. 

Sun Pharmaceuticals Industries tanked 10.97 Percent at Rs 506.20 after combined net earnings drop 16.67 Percent to Rs 1385.57 crore on 6.35 Percent drop in entire income to Rs 7361.46 crore in fourth quarter(Q4) March 2017 over fourth quarter (Q4) March 2016. The result was reported later exchange hours on Friday, 26 May 2017. 

Mahanagar Gas' net earnings increased 17.87 Percent to Rs 99.47 crore on 2.57 Percent increase in entire income to Rs 538.28 crore in fourth quarter(Q4) March 2017 over third quarter(Q3) Dec. 2016. The outcome was reported later exchange hours on Friday, 26 May 2017. 

DLF noted combined net earnings of Rs 142.66 crore in fourth quarter(Q4) March 2017 as contrasted and net loss of Rs 211.11 crore in fourth quarter(Q4) March 2016. Entire income drop 4.66 Percent to Rs 2605.44 crore in fourth quarter (Q4) March 2017 over third quarter (Q3) December 2016. The result was reported later exchange hours on Friday, 26 May 2017. 

CG Power and Industrial Solutions said that the organization has gotten an offer for obtaining of the organization's power business in United States of America, involved in its subsidiary, CG Power Systems USA Inc (PSUS). The declaration was made later exchange hours on Friday, 26 May 2017. 

Global Market Reviews

Abroad, Asian shares were for the most flat after the most recent ballistic rocket test by North Korea and as significant markets are shut for public holidays today, 29 May 2017. US shares shut merged on Friday, 26 May 2017, in front of the Memorial Day holiday of the week.