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Indian Oil Corp. shares down 0.35% as Nifty falls

Updated at : 2022-07-13 14:30:03

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The stock quoted a 52-week high price of Rs 94.5 and low of Rs 67.73.

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Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 255981.13 Crore) operating in Auto sector.

The euro has tumbled recently as investors fear aggressive monetary policy tightening could cause a recession. Markets speculate that U.S. inflation data for June, due at 1230 GMT, could be the catalyst that prompts another rally in the dollar, bringing it at par with the single currency.

The trade log requires a sincere trader to register his trades and lessons learned from it. After hundreds of trades, the trader would have made all possible mistakes.Reading from them and trying not to repeat the mistakes is how one progresses.

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HCL posted a net profit of 32.83 billion rupees ($412.28 million) on Tuesday, falling short of the average estimates of 33.1 billion rupees, according to Refinitiv data.The company reiterated revenue growth outlook for the year 2022-23 at 12% to 14% in constant currency and said it expected earnings before interest and tax (EBIT) margin to be between 18% and 20%.

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Hero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 57000.35 Crore) operating in Auto sector.

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The company proposes to utilise the net proceeds from the fresh issue towards payment of the debt, inorganic growth through land acquisitions and general corporate purposes.Also, funds will be used to pay the debt of subsidiaries -- Signatureglobal Homes, Signature Infrabuild, Signatureglobal Developers and Sternal Buildcon.

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The euro languished at $1.0036. The currency is down nearly 12 per cent this year, falling to a 20-year low in the previous session, thanks to the Russia-Ukraine war-led energy crisis that is hurting growth prospects in the region.

Rupee hits record low for a third straight session

Updated at : 2022-07-13 13:20:04

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The partially convertible rupee was trading at 79.66/67 per dollar compared to its previous close of 79.5975. The unit touched a life low of 79.6675.

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"Most internet stocks continue to trade at the lower end of the range and we anticipate any dip in risk-off trading moves to bring renewed interest to this sector. Simultaneously, the onus is also on these companies to demonstrate an ability to continue improving profitability trends and provide sufficient disclosures to deliver comfort to the investors and assuage the anticipated concerns," JM Financial said in a report.

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