Stocks in News 12 August 2022: There are sluggish signals from the global markets. After a strong start, the US markets slipped to the day’s low. The Dow Jones slipped 300 points from the day’s high and the Nasdaq closed down 75 points, down 250 points. SGX Nifty with a decline of 30 points near 17650. Japan’s market Nikkei jumped 550 points after a day off.
Action will be seen in the stock market today on the move of the global market. In terms of news, many stocks run in the stock market, in such a situation it can be a profitable deal for investors to invest money in these stocks.
Results of 4 and 9 futures companies of Nifty
Divi’s Lab, Hero MotoCorp, Grasim and ONGC will present the results in Nifty today. Also keep an eye on the performance of LIC in cash with 9 companies including HAL, Apollo Tyres, Zee Entertainment and India Cement in futures.
Results of these companies released
Apollo Hospital- Results were weaker than expected. Income increased by 1 percent to Rs 3796 crore. Profits declined by 35 per cent to Rs 317 crore.
Aurobindo Pharma – Weaker results than expected. Profits declined by 32.4 per cent. However, earnings grew by 9.4 per cent.
Phoenix Mills – Company’s results were good. Income has increased by 188.2 percent. Margins have also jumped. Profit stood at Rs 718.7 crore.
Aster DM Health- Results are showing good results. Profits rose 54.1 percent. Income grew 12.3 percent.