At the close of market hours, the Sensex was down 424.61 points or 1.15% at 36546.48, while the Nifty was down 125.80 points or 1.14% at 10943.60.
Feb 08, 03:35 PM (IST)
Market at Close Equity benchmarks witnessed intensified selloff in the last hour, which dragged the market to lower points. The Nifty gave up 11,000-mark, while the Sensex dropped over a percent.
Across sectors, selling was visible, with maximum pain seen in automobiles, consumption, metals, and infra companies, among others.
At the close of market hours, the Sensex was down 424.61 points or 1.15% at 36546.48, while the Nifty was down 125.80 points or 1.14% at 10943.60. The market breadth was negative as 950 shares advanced, against a decline of 1,552 shares, while 125 shares were unchanged.
Kotak Mahindra Bank, Bharti Airtel, and Bharti Infratel were the top gainers, while Tata Motors, Vedanta, and Indiabulls Housing lost the most.
Feb 08, 03:15 PM (IST)
Market Update The Sensex is down 447.70 points or 1.21% at 36523.39, and the Nifty down 134.40 points or 1.21% at 10935.00. The market breadth is negative as 859 shares advanced, against a decline of 1549 shares, while 108 shares were unchanged.
Feb 08, 02:01 PM (IST)
Results Mahindra & Mahindra and Mahindra Vehicle Manufacturers (MVML) reported a growth of 60 percent (year on year) in its net profit for the December quarter at Rs 1,476 crore. The company had posted a net profit of Rs 920 crore during the same quarter of last year.
The revenues grew 12 percent at Rs 12,892 crore against Rs 11,492 crore that the company posted last year.
At an operating level, the earnings before interest, taxes, depreciation and amortization (EBITDA) rose around a percent to Rs 1,703 crore against Rs 1,691 crore year on year.
Feb 08, 01:33 PM (IST)
Rupee Update The Indian currency is trading at high points of the day. It has gained about 30 paise at 71.15 per US dollar.
Feb 08, 01:15 PM (IST)
Bengaluru-based Sobha reported a 31 per cent rise in consolidated net profit at Rs 69.8 crore for December 2018 quarter.
Its net profit stood at Rs 53.4 crore in the year-ago period, the company said in a regulatory filing.
Feb 08, 12:52 PM (IST)
JUST IN | VIP Industries reported a fall of 11 percent at Rs 23.8 crore.
Feb 08, 12:34 PM (IST)
JUST IN | Pricol has reported a net loss of Rs 13 crore from Rs 8.7 crore last year.
Feb 08, 11:10 AM (IST)
Market Update: The Sensex is down 216.83 points or 0.59% at 36,754.26, and the Nifty down 64.60 points or 0.58% at 11,004.80.
Feb 08, 11:04 AM (IST)
Tech Mahindra hit a 52-week high of Rs 824, up as much as 2.4 percent from the previous close.
The company on February 7 renewed its long-term contract with KMD, a Danish IT services provider. The deal is estimated at $50 million.
Feb 08, 10:46 AM (IST)
Market Update | Equity benchmarks contunue to trade below Thursday’s close.
The Sensex is down 240.13 points or 0.65% at 36,730.96, while the Nifty down 74 points or 0.67% at 10,995.40.
Feb 08, 09:39 AM (IST)
Market Update Equity benchmarks have continued to trade lower, but are off their low points.
The Sensex is down 124.62 points or 0.34% at 36846.47, and the Nifty down 31.20 points or 0.28% at 11038.20. The market breadth is negative as 606 shares advanced, against a decline of 704, while 63 shares were unchanged.
Feb 08, 09:34 AM (IST)
JUST IN | Indiabulls Housing has said that Softbank is investing Rs 2,800 crore of equity capital in its associate OakNorth bank, a commercial bank in UK. With this investment the total equity capital in the bank will be Rs 7,000 crore.
Feb 08, 09:31 AM (IST)
ADAG Group stocks surge Shares of Anil Ambani-led Reliance Group shares are surging in trade today. Here is a look at their intraday charts so far.
Feb 08, 09:28 AM (IST)
Tata Motors plunges 23% The stock of this morning is Tata Motors, which has plunged around 23 percent as investors are reacting to the negative results. Here is a look at its intraday charts.
Feb 08, 09:20 AM (IST)
Market opens It’s a negative start to this Friday morning, with the Sensex falling nearly 200 points, while the Nifty is holding 11,000-mark.
The Sensex is down 191.77 points or 0.52% at 36779.32, and the Nifty down 48.60 points or 0.44% at 11020.80. The market breadth is negative as 195 shares advanced, against a decline of 253 shares, while 30 shares were unchanged.
All sectoral indices are trading in the red, with maximum cuts visible in automobiles, metals, banks and infra names. The Nifty Midcap index is down around half a percent.
IndusInd Bank, Power Grid, BPCL and Grasim are the top gainers, while Tata Motors, Vedanta, and Zee Entertainment lost the most.
Feb 08, 09:06 AM (IST)
Rupee opens The Indian rupee has opened higher on the back of fall in crude oil prices. The currency has opened at 71.38 per US dollar against its previous close.
The rupee on Thursday appreciated by 11 paise to close at 71.45 against the US dollar after the Reserve Bank of India cut the repo rate and changed its policy stance to ‘neutral’.
Feb 08, 09:05 AM (IST)
Market at pre-open Equity benchmarks are trading lower in pre-opening trade, amid weak global cues.
The Sensex is down 73.43 points or 0.20% at 36897.66, and the Nifty down 39.10 points or 0.35% at 11030.30.
Feb 08, 8:26 AM (IST)
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Source:- Moneycontrol News