Equity markets began the week positively, closing at a day’s high. Ultratech, IOC, Adani Energy, Adani Total Gas, Kfin Tech, and Tata Chemicals will be in focus this week due to various developments and quarterly earnings. Spandana Sphoorty, UCO Bank, Rossari Biotech, RVNL, Kfin Technologies, KEC International, Shoppers Stop, Tata Chemicals, and Coromandel International also reported their quarterly results. Read more for details.
Equity benchmark indices open positively with Sensex rising 250 points, driven by financial stocks. The BSE Sensex and Nifty climb, but HUL and Reliance Industries shares suffer from their December quarter results. Most financial stocks perform well, while global oil benchmark Brent crude declines. Domestic equity markets are predicted to have subdued activity, with normal trading sessions announced on Saturday.
