Trends on SGX Nifty indicated a optimistic opening for the home markets.
New Delhi: The home inventory indices are more likely to commerce in inexperienced on Tuesday forward of the Union Budget 2023-23 presentation. Asian share markets traded on a better notice as Japan's Nikkei was up 0.71 per cent and South Korea's KOSPI surged 1.87 per cent. Trends on SGX Nifty indicated a optimistic opening for the markets again dwelling. The Nifty Futures on Singapore Exchange also referred to as the SGX Nifty Futures jumped 126.25 factors or 0.73 per cent to 17,494.The benchmark BSE Sensex had rallied 814 factors or 1.42 per cent to settle at 58,014 on Monday; whereas the broader NSE Nifty had moved 238 factors or 1.39 per cent larger to shut at 17,340.Here Are Stocks To Watch During Today's Session:Tata Motors: The carmaker has reported a loss for the third quarter (Q3), as semiconductor shortages crimped the Indian automaker's potential to make the most of the pandemic-driven demand for private autos. Consolidated internet loss got here in at Rs 1,516 crore ($203.23 million) for the quarter ended December 31, in comparison with a revenue of Rs 2,906 crore a 12 months earlier when an easing of coronavirus-related restrictions had led to a pick-up in gross sales.Sun Pharma: The Mumbai-based drug main has posted an 11.14 per cent enhance in its consolidated internet revenue to Rs 2,058.8 crore for the third quarter ended on December 31, 2021, on the again of sturdy gross sales throughout home and worldwide markets.Tech Mahindra: The IT firm has introduced acquisition of 100 per cent stake in Europe-based Com Tec Co IT (CTC) and 25 per cent stake in two insurtech platforms for a complete of EUR 330 million (about Rs 2,800 crore).IOC: Indian Oil Corp Ltd, the nation's prime refiner, has reported a 19.2 per cent rise in its third-quarter internet revenue. The state-owned firm posted a internet revenue of Rs 5,861 crore ($784.45 million) for the quarter ended December 31, in contrast with Rs 4,917 crore a 12 months earlier.UPL: Agro-chemical agency UPL has reported 24.89 per cent development in consolidated internet revenue at Rs 1,179 crore for December quarter 2021-22. The firm's revenue stood at Rs 944 crore within the year-ago interval.Meanwhile, Adani Ports, Indian Hotels, Indoco Remedies and Tech Mahindra are among the many corporations which is able to announce their December quarter outcomes later within the day.
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