Major Stocks In Action Based On Result, Stock & Commodity Watch

Results Today: IT major Infosys Limited, IndusInd Bank, Hathway Cable&Datacom Karnataka Bank, Sangam India Ltd, TRF Ltd, Reliance Industrial Infrastructure, GNA Axles Ltd, Infomedia Press, 3i-Infotech Ltd, will be announcing their Q-1 quarterly earnings today.

Tata Motors Limited on Thursday reported a 5pc fall in global sales, including that of JLR, to 95,503 units in June. The Company last year had sold 1,00,135 units

Pledging of Shares -Eveready Industries: The Yes Bank acquired 39,10,000 equity shares of Eveready Industries Limited and 21,21,903 shares by invoking pledged on promoters holding.

Commodity: Crude Oil prices rose with Brent crude futures up 0.6%, at USD66.89/bbl, while US WTI crude futures were up 0.6% at USD60.54/bbl on Friday.

Rupee: The Indian rupee opened lower at 68.45 V/s Greenback compared to last day’s close of 68.44 per dollar.

Meantime, Indian stock market ticks lower dragged by weakness in global peers. The BSE Sensex was down 37pts at 38,785 and the Nifty50 declined 16-ptsto 11,566-level at 9.55 am.