Key sentence:
- Indian benchmark records will probably open in red on Tuesday, May 11.
- Nifty futures were trading 216 points or 1.42 per cent lower at around 14,775 levels on the SGX.
Indian benchmark records will probably open in red on Tuesday, May 11, as recommended by patterns in SGX Nifty show a hole down opening for the file in India with a 205 focuses misfortune.
Nifty futures were trading 216 points or 1.42 per cent lower at around 14,775 levels on the SGX. The key help levels for the Nifty are put at 14,900.9, trailed by 14,859.5. If the record climbs, the key opposition levels to look out for are 14,975.3 and 15,008.3.
Also read: Maharashtra-government-is-likely-to-extend-the-lockdown-till-the-end-of-may.
Top stock to search for the afternoon:
Punjab National Bank: The second biggest government claimed bank said its board has affirmed raising value capital from Qualified Institutional Investors to upgrade its capital base.
The bank has fixed the floor cost at Rs 35.51 per value share for the Qualified Institutional Placement (QIP) purposes.
HFCL: The telecom organization revealed a higher united benefit at Rs 84.67 crore in Q4FY21 against Rs 5.78 crore in a similar quarter last financial. Its income expanded to Rs 1,391.4 crore from Rs 663.19 crore YoY.
Chambal Fertilizers and Chemicals: The organization revealed a higher benefit at Rs 447.89 crore in Q4FY21 against Rs 197.55 crore in Q4FY20. In any case, their income tumbled to Rs 1,640.76 crore from Rs 1,969.09 crore YoY.
Solara Active Pharma Sciences: According to mass arrangements information on the NSE, Classic Opportunities Fund obtained 2,57,823 value partakes in the organization at Rs 1,552.05 per offer, and Aditya Birla Sun Life Mutual Fund purchased 1.94 lakh value shares, while Aditya Birla Sun Life Flexi Cap Fund procured 3.9 lakh partakes in the organization at Rs 1,552.05 per share.
In any case, Pronomz Ventures LLP sold 1,99,588 value partakes in the organization at Rs 1,552.05 per offer, and TPG Growth IV SF PTE Ltd offloaded 1,36,495 value shares at Rs 1,557.26 per share.
Nava Bharat Ventures: The Ferro composites maker has synchronized the 60MW IPP in Odisha with the lattice and has started power streams for shipper exchange.
HSIL: The organization revealed a benefit at Rs 33.02 crore in Q4FY21 against Rs 3.38 crore in a similar period a year ago. Its income expanded to Rs 633.21 crore from Rs 461.03 crore YoY.
Nxtdigital: The organization has gone into a concurrence with SITI Networks to share its foundation office through the Headend-in-the-Sky (HITS) stage.
DCB Bank: The private area booked business bank detailed higher benefit at Rs 77.9 crore in Q4FY21 against Rs 68.8 crore in a similar period a year ago. Be that as it may, the net interest pay tumbled to Rs 311.2 crore from Rs 323.7 crore YoY.
Paushak: The organization announced a higher benefit at Rs 11.01 crore in Q4FY21 against Rs 6.37 crore in the comparing time frame a year ago. The income from pay additionally expanded to Rs 38.74 crore from Rs 29.28 crore YoY.
