On the day of the weekly expiry of the Nifty, there was a mild weakness in the market. The Nifty was trading around 25200 with a pressure of 30 points. At the same time, the bank Nifty fell down about 150 points. Midcap shares are also trading with a soft trend. IT stocks put pressure on the market today. The index broke about 1 percent. After the results, personal and Koforge reached the top of futures with a decline of 6 to 7 per cent. Read more stock market live update: Zaydus Life got US FDA approval for IBRUTINIB medicine.
SBI Life Q1: Pure premium income increased by 13.7%, the profit increased by Rs 594 crore, while the profit increased from Rs 520 crore to Rs 594 crore. Pure premium income increased from Rs 15,105 crore to Rs 17,179 crore. Pure premium income increased by 13.7%. The value of the new business (VNB) was Rs 3,971 crore.
The dollar -ruling price is expected to be between Rs 86.10 to Rs 86.75 – Mirae Asset Sharekhan’s research analyst Anuj Chaudhary said that weakened US dollar is trading on positive levels from Indian rupee mixed due to weak US dollars. However, the tendency to avoid risk in global markets and overnight improvement in crude oil prices prevented a sharp lead. The US and the European Union are moving towards a trade agreement under which a 15% tariff will be imposed on US imports from the European Union, which has increased risk. However, geopolitical tension between Thailand and Cambodia supported the rupee at lower levels.
Between the geopolitical stress and positive prices of crude oil between Thailand and Cambodia, we estimate that the rupee will trade in a slightly negative direction. The withdrawal of foreign institutional investors (FIIs) can also put pressure on the rupee. The US-European Union Union Union Business can support optimism and weak US dollars on lower levels. Traders can take hints from the US sale data from the US and may be cautious before the figures of PMI and sustainable goods order from the US this week. Investors can also indicate ECB’s monetary policy decisions. Dollar-Rupaya spot rate is expected to be between Rs 86.10 and Rs 86.75.
CG Power Q1: The company increased from Rs 241 crore to Rs 269 crore. The company’s profit increased from Rs 241 crore to Rs 269 crore in the same quarter of the previous year. The company’s income increased from Rs 2,228 crore to Rs 2,878 crore. Ebitda increased from Rs 328 crore to Rs 381 crore. The Ebitda margin declined from 14.7% to 13.2%.
Adani Energy Solution Q1: The company came into profit from deficit. The company came into profit from losses. The profit was Rs 512 crore against the loss of Rs 823 crore. The income increased from Rs 5,379 crore to Rs 6,819 crore. Pure NPA reduced from 0.2% to 0.19%
Karur Vaishya Bank: With the approved 1 bonus shares, the profit on 5 shares increased from Rs 459 crore to Rs 521 crore, while pure NII increased from Rs 1,027 crore to Rs 1,080 crore. The gross NPA declined from 0.76% to 0.66%. The net NPA declined from 0.2% to 0.19%. 1 bonus shares were approved for 5 shares.
Santek Realty signed a joint development agreement for a project on Meera Road. The Santech Realty is signing a joint development agreement (JDA) for a project on a project on the Western Express Highway in Mumbai on Meera Road, about 3.5 acres (about 13,500 square meters). The company expects the development of this land to sell about 5,50,000 square feet of RERA carpet area.
The shares of Santek Realty were trading at Rs 7.90 or 1.80% at Rs 429.85. The stock touched the highest level of 52-week on August 23, 2024 and March 2025 respectively and touched the lowest level of Rs 348.05 of the 52-week. The stock is currently trading above 32.31% below its 52-week high and 23.5% from the lowest level of its 52-week.
