Share Market News, Nifty 50/Sensex/BSE 500 Stocks to Follow: Domestic equity benchmarks entered Samvat 2081, the year that began on Diwali day, on a positive note with gains of 0.5 percent each. As the business results season gathers, investors are waiting for more quarterly numbers from India Inc to get signals from home.
UPDATE: Dalal Street Church Front | Macroeconomics data, earnings, FII activity, US polls, Fed decision, other things to follow
Stocks in News | Here are more than a dozen stocks to track on Dalal Street during the November 4 session:
Business Benefits
Around 50 companies are scheduled to report their financial results on Monday, including IRCTC, IRFC, Bata India and Raymond.
| ABB | EXIDEIND | KEC | SHAWGELTIN |
| ACGL | GLAND | KUNSTOFF | CAPITAL |
| AFEL | GLEAM | MANALIPETC | It’s SNL |
| ANDHRAP | HATSUN | MARALOVER | SPARC |
| ARE&M | IL&FSENGG | PGHL | SSL |
| THE INDIANS | INDTONER | PODDERMENT | SUPER |
| BEEYU | IRCTC | POEL | SURAJ |
| CHEMFAB | IRFC | QGO | TI |
| CINERAD | JAYKAY | RAYMOND | TIINDIA |
| CLSEL | JKPAPER | RLFL | TRU |
| DBOL | KALAMANDIR | SAMKRG | VSTILLERS |
| PUJA | KAYCEEI | SHANKARA |
Auto stocks take center stage
Shares of automakers are set to take a hit after companies such as Maruti Suzuki India, Tata Motors and Bajaj Auto reported that they will be sold in October.
- Maruti Suzuki beat analysts’ estimates with a 3.6 percent growth in its total PV sales to 2.06 lakh units. Zee Business analysts estimated the carmaker’s monthly sales at 1.93 lakh units.
- M&M also made a strong sales plan with a record number of SUVs sold.
- Tata Motors reported sales of 48,131 PVs in the domestic market, almost unchanged from the 48,337 sold in October last year.
Narayana Hrudalaya
The company performed a mixed financial performance between July-September.
Its net profit fell 12.4 percent while its margin was reduced by 160 bps, according to an official filing.
Corporate Action
Colgate-Palmolive, Kajaria Ceramics, Manba Finance, Oberoi Realty and Patanjali Foods shares are expected to trade ex-dividend on November 4.
Here are the details of their previously announced temporary assignments:
- Colgate-Palmolive: Rs 24
- Kajaria Ceramics: Rs 5
- Manba Fees: Re 0.25
- Oberoi Realty: Rs 2
- Patanjali Food: Rs 8
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