30 Oct Live Market Update- ONGC and the Bank Stocks in limelight after Q2 results

Market Update, Stock news, Daily news updateBSE Sensex and NSE Nifty opened in the green on Monday 30 Oct 2017. HDFC Bank and Infosys Ltd helped market open higher, while ICICI Bank dropped at the opening.

At 10:53 AM, the BSE Sensex was trading at 33,299 levels, up by 141 points, while NSE Nifty was trading at 10,380 levels, up by 57.75 points.

Tata Steel Ltd, Lupin Ltd, HDFC, IDFC, Bharti Infratel LIC Housing Finance, Wockhardt, Central Bank and Bharat Electronics are scheduled to report Q2 Sept 2017 results today, 30 Oct 2017.

Bajaj Finance Ltd has said it has allotted 4,000 secured redeemable NCDs aggregating to Rs 400 cr on PP basis.

ONGC Q2 result was announced profit result on Saturday, 28 Oct 2017. Stocks of ONGC in spotlight Ass Company’s   net profit rose 3.1% to Rs 5130.74 crore on 3.1% growth in net sales to Rs 18964.85 crore in Q2 FY17 Year on Year.

ICICI Bank has also announced its profit result on Saturday showing its net profit declined 33.65% to Rs 2058.19 crore on 17.55% fall in total income to Rs 18763.29 crore in Q2 Sept YoY.

Canara Bank has announced its profit result on Friday, 27 October 2017, it showed a fall in net profit by 27.1% to Rs 260.18 crore on 1.57% decline in total income to Rs 11,994.64 crore in Q2 Sept 2017 year on year.