Sectoral Watch – Most discussed Construction & Engineering Stocks
Source: https://stockarchitect.com/sector/Construction-And-Engineering
Sensex up 36 points, Nifty ends at 11,899.50; Dish TV jumps 29%
Indices were highly volatile in the afternoon deals on Friday.
The benchmark S&P BSE Sensex was trading at 40,075 level. IndusInd Bank was the top performer on the index, up 4 per cent, while YES Bank was trading over 6 per cent lower ahead of its Q2 results. On NSE, the Nifty50 was trading at 11,850-mark.
Sectorally, Nifty Auto and IT indices were trading in the red. NIfty ITl index was the top loser, down 0.35 per cent. On the upside, Nifty PSU Bank, and Realty indices were trading over 1 per cent higher.
In the broader market, both S&P BSE mid and small-cap indices were trading 0.3 per cent higher.
Bank of India, Dr Reddy’s Lab, JK Lakshmi Cement, and YES Bank are among the 33 companies scheduled to report their Q2 earnings on Friday.
Analysts expect Yes Bank to report a loss up to Rs 1,907.3 crore due to exposure to bankrupt companies like DHFL, McLeod Russel, and Cox & Kings. However, all eyes would be on the Board’s decision with regards to the receipt of a binding offer worth $1.2 billion by a global investor.