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Market wrapBusiness Today

GIFT Nifty up 304 points; HCL Tech, BHEL, IIFL, MRF among focus

Negative0

GreyOak summary

Indian markets are expected to gap up as crude prices moderate and FII inflows revive. GIFT Nifty fell 1.21% to 25,337.50.

What it affects

  • MRFNegative 0

    Net profit fell 26.6% to Rs 387 crore.Rolling sentiment Negative -61

  • Tax demand of Rs 207.26 crore dropped.Rolling sentiment Positive +48

  • Approved Rs 6,414 crore primary capital raise.Rolling sentiment Positive +42

  • Launched new PLM solution for product development.Rolling sentiment Positive +38

Source

Read the original at Business Today

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