NIFTY 50 rose 0.51%
FinMinutes Markets · built from exchange, depository and company data · every number checked against the day's facts
The day
NIFTY 50 rose 0.51%.
The money
Index against breadth
Nifty 50: best
- Trent Ltd.+5.44%
- InterGlobe Aviation Ltd.+4.33%
- Wipro Ltd.+4.32%
- Infosys Ltd.+3.36%
- Apollo Hospitals Enterprise Ltd.+3.02%
Nifty 50: worst
- Shriram Finance Ltd.−2.13%
- Nestle India Ltd.−1.82%
- Mahindra & Mahindra Ltd.−1.72%
- Jio Financial Services Ltd.−1.21%
- Adani Ports and Special Economic Zone Ltd.−1.18%
Rotation
Strongest: IT +2.32%, Healthcare +1.58%, Pharma +1.55%. Weakest: Midsmall Financial Servi Index −2.24%, India Railways PSU Index −2.11%, Smallcap 500 Index −2.08%.
Results, read forensically
4 companies' results were read today; 1 raised a serious question. Aditya Birla Capital Ltd.: Profit with no operating cash behind it. Where did the cash go?
| Company | Revenue y/y | Profit y/y | What the checks found |
|---|---|---|---|
| Aditya Birla Capital Ltd. | +32.2% | +40.9% | serious question Profit with no operating cash behind it. Where did the cash go? |
| Sun Pharmaceutical Industries Ltd. | +11.9% | −36.2% | 1 to ask An exceptional item is a large part of pre-tax profit. What was it? |
| Reliance Industries Ltd. | +28.6% | +33.8% | clean |
| Max Healthcare Institute Ltd. | +20.3% | −15.6% | clean |
This morning's brief, scored
FIIs turn net buyers in the cash market: not known yet.
More than half of the Nifty 500 closes higher: not known yet.
India VIX closes lower than the day before: not known yet.
- Not knownFIIs turn net buyers in the cash market
- Not knownMore than half of the Nifty 500 closes higher
- Not knownIndia VIX closes lower than the day before
Queued for tomorrow
Monday, 2 November: 9 results board meetings, including ITC Ltd., Amara Raja Energy & Mobility Ltd., Carborundum Universal Ltd., Escorts Kubota Ltd., Granules India Ltd.; EAAA India Alternatives IPO lists; Vedant Poly Fabs Solutions IPO opens.
- EAAA India Alternatives IPO lists
- Vedant Poly Fabs Solutions (SME) IPO opens, band ₹88–94
- 9 results board meetings: ITC Ltd., Amara Raja Energy & Mobility Ltd., Carborundum Universal Ltd., Escorts Kubota Ltd., Granules India Ltd., Kec International Ltd., National Aluminium Co. Ltd., PCBL Chemical Ltd., Tata Investment Corporation Ltd.