Today, the Nifty 50 index has shaped a bullish pattern.
State Bank of India:
In a day, state bank of India (SBIN) has been able to increase 5.05 percent with last traded price being at 832 rupees. In the past year, State Bank of India is India’s biggest public sector bank that hails from mumbai that has given ugly results of sep quarter with net profit plunged 33% to Rs 404 crore .
Bharat Electronics Limited (BEL)
BEL is expected to rise at a rate of 4.89% and that LTP value was available at Rs. 283.2. BEL, a consistent winner for last one year, has been the company that gave the high return of 124%. Operated in Bengaluru in 1955, in BEL, the business areas involve the development of the electronics of defence and of aeronautics with the employment of more than 11000 employees. While releasing the second quarter’s result, BEL posted 1,092 crores of net income.
Eicher Motors Limited
Eicher Motors Limited’s stock increased by 3.38 percent. The LTP of the company was at 4,880. The company has returned over 45 percent in the last one year. Eicher is a Delhi-based company. It produces two-wheeled motorcycles and commercial vehicles and is employing more than 5000 employees. The company’s overall income in the second quarter came out to be INR 4,114 crores.
HDFC Life
There is a 3.32% rise in HDFC Life, LTP at ₹742.1. This company has managed to fetch a good 134% return over one year. HDFC Life is based in Mumbai and is a leading insurance provider in the country, employing more than 33,000 workers. HDFC Life, which reported revenues of around ₹71,191 crores during the last year.
All of the above are rising, so Nifty 50 was a bullish indication for today.
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Tomorrow 30th Oct is celebrated as World Thrift Day
As stated in Bhagavad Gita :
सुखदुःखे समे कृत्वा लाभालाभौ जयाजयौ।
ततो युद्धाय युज्यस्व नैवं पापमवाप्स्यसि।
Treating alike pleasure and pain, gain and loss, victory and defeat, engage in battle for the sake of duty, and you shall not incur sin.
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