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11 Feb 2016
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Indian markets may open on a cautious note on Thursday after Fed chair Janet Yellen in prepared remarks to the US House Committee on Financial Services, acknowledged weakness in global economies, but showed faith in the US economy, keeping the doors open for further rate hikes during the rest of the year.
At 7.45 am, SGX Nifty futures hinted at weak opening on Dalal Street. Nifty50 futures on the Singapore Stock Exchange were trading 57.50 points lower
NHPC: The state-run NHPC reported more than doubling of its net profit to Rs 388.02 crore for the third quarter ended December due to better operational efficiency and tariff finalisation by CERC for few power stations.
Ambuja Cements Ltd: Ambuja Cements Ltd: Ambuja Cements reported 66.53 per cent decline in net profit at Rs 109.96 crore for the fourth quarter ended December 31, 2015. The company had posted a net profit of Rs 328.59 crore during the same period of previous fiscal.
ACC Ltd: The cement maker reported a sharp decline of 69 per cent in consolidated net profit at Rs 102.39 crore for the quarter ended December 31, 2015 despite increase in total income.
Petronet LNG Ltd: The nation's biggest liquefied natural gas importer, reported a 10 per cent surge in its December quarter net profit on shipping higher volumes of gas.
Blue Dart Ltd: Logistics company Blue Dart reported almost doubling of its net profit to Rs 50.05 crore on a standalone basis for the quarter ended December.