INSUBCONTINENT EXCLUSIVE:
Maruti Suzuki has extended the shutdown at its plant till Might 16, 2021 due to pandemic situation.The domestic stock exchange are likely to
have a gap-up opening due to favourable worldwide cues
Patterns on SGX Nifty suggest a gap-up opening for the index in India, with a 107-points gain
At 7:30 am, the Nifty futures were trading at 14,975 on the Singapore Stock Exchange.On Friday, the BSE Sensex climbed up 256.71 indicate
49,206.47 and the Nifty was up 98.40 points at 14,823.20
Stocks to view in sell today's sessionHero MotoCorpHero MotoCorp, India's largest motorbike maker, extended a shutdown at its production
centers throughout the nation till May 16
Hero MotoCorp had suspended its production operations in April.Maruti SuzukiMaruti Suzuki has actually extended the shutdown at its plant
till May 16, 2021 due to the present pandemic situation.UltraTech CementUltraTech Cement reported a 45.2 per cent YoY decline in
consolidated net revenue to Rs 1,774.13 crore for the fourth quarter ended March 2021 on account of turnaround of deferred tax
liabilities.IDFC First BankIDFC First Bank reported a 78 percent YoY dive in net earnings at Rs 128 crore for the 4th quarter ended March
2021 as against a profit of Rs 72 crore during the corresponding quarter a year ago.Bandhan BankBandhan Bank reported an 80 percent YoY dip
in its March quarter net profit at Rs 103 crore, as it wrote off a substantial portfolio of loans in the flagship microlending organization
by acknowledging stress upfront.
