Tuesday, 29 April 2014
INDIAN BENCHMARK open on a positive
note. Investors
cautious before the outcome of the Federal Reserve's policy meeting later in
the session. and
against a backdrop of continuing tension in Ukraine. TVS Motors
Company has surged 5% to Rs 97, extending its previous day’s 6% rally, after
reporting an adjusted standalone net profit of Rs 82 crore for the fourth
quarter ended March 31, 2014 (Q4).
FURTHER, Shares of
Bharti Airtel Ltd will be in focus after company has posted results for the
fourth quarter ended 31st March 2014.The net profit for the quarter stood at
Rs. 962 crore. The consolidated revenues for Q4’14 at Rs22, 219 crore grew by
13.5% over the corresponding quarter last year. Dabur India Ltd has posted a net
profit after taxes, minority interest and share of profit / (loss) of associate
company of Rs. 2352.90 mn for the year ended March 31, 2014 as compared to Rs.
2005.50 mn for the Quarter ended March 31, 2013.
Trend in FII flows: The FIIs were net buyers of Rs.287cr
in the cash segment on Tuesday while the domestic institutional investors
(DIIs) were net sellers of Rs. 550cr, as per the provisional figures
released by the NSE.
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