Domestic indices were recovered from the early morning lows but were trading with a slight fall on Monday’s noon deals. At 12:55 pm, the S&P BSE Sensex was trading 11.25 points or 0.02% lower at 52,964.55. The Nifty 50 index was trading 2.35 points or 0.01% lower at 15,853.70. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks: 

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Earnings Impact 

Reliance Industries: Down 0.90%. Mukesh Ambani-owned oil-to-telecom conglomerate Reliance Industries Limited (RIL) on Friday posted a 7.9% QoQ decline in the consolidated profit at Rs 13,806 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 14,995 crore in the previous quarter ended March 31, 2021. In the case of Reliance Jio, the profit grew 4% QoQ to Rs 3,651 crore compared to Rs 3,510 crore posted in the previous quarter.

ITC: Up 0.21%. FMCG major ITC has reported a 28.6% YoY surge in profit at Rs 3,013.5 crore for the quarter ended June 30, 2021, compared with Rs 2,342.8 crore in the year-ago quarter.

JSW Steel: Down 0.49%. The steel manufacturer has reported a consolidated profit of Rs 5,904 crore for the quarter ended June 30, 2021, compared to a consolidated loss of Rs 561 crore posted in the corresponding quarter of the previous financial year. Sequentially, profit grew 40.6% from Rs 4,198 crore posted in the previous quarter ended March 31, 2021. 

ICICI Bank: up 1.12%.  Meanwhile, the stock hit a life high of 685.90 earlier in the intraday trade today. The private lender has reported a 77.6% YoY rise in the profit at Rs 4,616 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 2,599 crore posted in the corresponding quarter of the previous financial year.

Yes Bank: Up 4.21%. The private lender has reported a 357% YoY rise in the profit at Rs 206 crore for the quarter ended June 30, 2021, compared to Rs 45 crore posted in the same quarter last year.

SBI Cards: Up 5.11%. The payment solutions provider has reported a 73% YoY rise in the profits at Rs 304 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 175.4 crore in the corresponding quarter of the previous financial year.

Ambuja Cement: Up 0.87%.  The cement manufacturer has reported a 59.6% YoY rise in the standalone profit at Rs 723 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 453 crore in the corresponding quarter of the previous financial year.

United Spirits: Down 2.02%. The beverage company has posted a standalone profit of Rs 69 crore for the quarter ended June 30, 2021, compared to a loss of Rs 215 crore posted in the same quarter last year. Sequentially, the profit dropped 58.66% from Rs 167 crore posted in the quarter ended March 31, 2021.

Jubilant Pharmova: Down 0.70%. The pharmaceutical company has reported an 81% YoY rise in the consolidated profit at Rs 160 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 88 crore in the corresponding quarter of the previous financial year.

MCX: Down 1.19%. The commodity exchange has reported a 29% YoY decline in the consolidated profit at Rs 40 crore for the quarter ended June 31, 2021. It had posted a profit of Rs 56 crore in the corresponding quarter in the previous financial year.

Stocks in News

JSPL: Up 3.29%. Jindal Steel & Power Ltd (JSPL) to Launch Transparent Competitive Bidding Process for Jindal Power. It has received a revised bid from Worldone for an Equity Value of Rs 7401 crore from Rs 3,015 crore.

IndusInd Bank: Down 0.59%. The board of the private sector lender IndusInd Bank has approved the proposal to raise funds up to Rs 30,000 crore through QIP /ADRs /GDRs program, or combinations on a private placement basis thereof as may be decided by the Board

PSU Banks: Nifty PSU Bank index was trading 0.58% down. The PSU Banks will be in focus today as reportedly the Finance Ministry has proposed extension of MD and CEO of three public sector banks, namely PNB, UCO and Bank of Maharashtra. It has suggested extension of the tenure by 2 years or till retirement.

Buzzing Stocks

PVR: Up 3.99%.

Inox Leisure: Up 3.26%.

Zomato: Up 3.57%.

Alkyl Amines: Up 9.12%.

V Guard: Up 1.88%.  

Mphasis: Up 2.70%.

IOL Chemical: Up 4.65%.

PI Industries: Up 3.34%.

Amara Raja: Up 0.59%.

Oracle Finance: Up 2.81%.

Matrimony: Up 5.41%.

Fertilizer Stocks: Moving up. Stocks like Chambal Fertilizer – up 3.65%, Madras Fertilizers – up 5.83%, GNFC – up 2.47% and GSFC – up 2.46% were trading higher.

Hosiery Stocks: Moving Up. Stocks like VIP Clothing – 4.95%, Lux Industries – up 3.48%, Dollar Industries – up 1.78% were trading higher.

Stocks at Life Highs

Apollo Hospital: Up 5.14%. Meanwhile, the stock hit the life high of 4,140.90 earlier in the intraday trade today.

Lux Industries: Up 3.48%. Meanwhile, the stock hit the life high of 4,259 earlier in the intraday trade today.

Gujarat Fluorochemicals: Up 8.43%. Meanwhile, the stock hit the life high of 1,731 earlier in the intraday trade today.

Schaeffler India: Up 4.49%. Meanwhile, the stock hit the life high of 6,970.90 earlier in the intraday trade today.

GSPL: Up 1.48%. Meanwhile, the stock hit the life high of 353.20 earlier in the intraday trade today.

Radico Khaitan: Down 0.78%. Meanwhile, the stock hit the life high of 878.75 earlier in the intraday trade today.

Divi’s Laboratories: Up 1.47%. Meanwhile, the stock hit the life high of 4,912 earlier in the intraday trade today.

Navin Fluorine: Up 0.51%. Meanwhile, the stock hit the life high of 4,015 earlier in the intraday trade today.

Infosys: Up 0.89%. Meanwhile, the stock hit the life high of 1,611.65 earlier in the intraday trade today.

Indian Metals: Up 4.67%. Meanwhile, the stock hit the life high of 793 earlier in the intraday trade today. 

Bajaj Amines: Up 9.45%. Meanwhile, the stock hit the life high of 3,397 earlier in the intraday trade today.

Caplin Point: Up 18.02%. Meanwhile, the stock hit the life high of 940 earlier in the intraday trade today.

DCM Shriram Industries: Up 1.23%.

Bambino Agro: Up 20%. Meanwhile, the stock hit the life high of 343.20 earlier in the intraday trade today.

Rico Auto: Up 6.70%. Meanwhile, the stock hit the life high of 61.20 earlier in the intraday trade today.

Inox Wind: Up 9.76%. Meanwhile, the stock hit the life high of 118.30 earlier in the intraday trade today.

KPIT Technologies: Up 4.89%. Meanwhile, the stock hit the life high of 310.75 earlier in the intraday trade today.