Dalal Street clocked a gap-down start on Monday as concerns about the impact of elevated inflation and Covid-19 outbreaks on economic prospects weighs on sentiment. The benchmark
declined 500 points in early deals to trade at 52,638 levels while the Nifty50 started with a 160-pts cut at 15,761.
Earnings today
ACC, HCL Technologies, HDFC Life, Indian Bank and Mastek are among 25 firms slated to post their June quarter numbers today.
HCL Tech's Q1 performance is likely to be impacted due to supply-side challenges amid the second Covid-19 wave. The net profit could rise in the range of 6-11 per cent year-on-year on a 14 per cent growth in revenue (rupee terms).
MARKET LIVE: Sensex sinks over 500 pts, Nifty holds 15,750 in pre-open - Business Standard
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