Sensex down over 330 points; Nifty below 10,850
23 Jan 2019
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Market at Close: Sharp selling in the last hour dragged indices by around a percent. The Sensex shed over 300 points, while the Nifty fell below 10,850-mark.
Automobiles, banks, consumption, infra and IT, among others, were the sectoral indices which ended in the red, while metals and pharma were the sole gainers.
At the close of market hours, the Sensex was down 336.17 points or 0.92% at 36108.47, and the Nifty down 91.30 points or 0.84% at 10831.50. The market breadth was negative as 1069 shares advanced, against a decline of 1,453 shares, while 138 shares were unchanged.
Sun Pharma and Yes Bank were the top gainers, while ITC, M&M and Grasim lost the most.
Rupee Update: The Indian rupee has fallen 15 paise intraday or 0.22% against the US dollar. The currency opened at 71.09 in the morning and is currently trading at 71.28 again the US dollar.
Market Update: Sensex is down 183.11 points or 0.50% at 36261.53, and the Nifty down 43.30 points or 0.40% at 10879.50. About 1057 shares have advanced, 1324 shares declined, and 124 shares are unchanged.
Yes Bank are Sun Pharma are the biggest index gainers and ITC, Grasim and Infosys are the biggest index losers.
ITC Q3 profit up 4%, margin misses estimates
Cigarette-hotel-to-FMCG major ITC has reported a 4 percent on year growth in profit at Rs 3,209 crore, which was on expected lines but margin missed estimates. Profit in the corresponding quarter of last fiscal stood at Rs 3,090 crore, which included exceptional gain of Rs 413 crore.
Revenue from operations in Q3 grew 15 percent year-on-year to Rs 11,227.66 crore, driven by gross across segments.
Results on Thursday: Yes Bank, UltraTech Cement, Biocon, Hatsun Agro Product, Reliance Power, Edelweiss Financial Services, Sharda Cropchem, PNB Housing Finance, Sintex Industries, Colgate Palmolive (India), Bharat Bijlee, ICRA, Punjab Chemicals & Crop Protection, Zee Media Corporation, Sunteck Realty, Pudumjee Paper Products, Quess Corp, PVR, Jyothy Laboratories, Poddar Pigments, Amj Land Holdings, Onward Technologies, VST Industries, Pfizer, MphasiS, Newgen Software Technologies, Sterlite Technologies, NIIT, Kokuyo Camlin, NELCO, Mold-Tek Technologies, Sunflag Iron, Century Enka, KRBL, Jindal Saw, Tijaria Polypipes, Orient Green Power Company, Hexa Tradex, Supreme Industries, Kamdhenu
Market Update: The Sensex is down 34.24 points or 0.09% at 36410.40, and the Nifty down 4.40 points or 0.04% at 10918.40. About 1001 shares have advanced, 981 shares declined, and 101 shares are unchanged.
Zee Entertainment, Wipro and HUL are top gainers; whereas, HDFC and Infosys are the biggest losers among index stocks.
Market opens: It is a flat start for the market on Wednesday morning, with the Nifty holding 10,900.
All sectoral indices are giving mixed trends, with gains visible among consumption and pharmaceuticals, while automobiles are showing minor signs of pressure.
The Sensex is up 23.88 points or 0.07% at 36468.52, and the Nifty up 2.10 points or 0.02% at 10924.90. The market breadth is positive as 273 shares advanced, against a decline of 114 shares, while 36 shares were unchanged.
Yes Bank and Asian Paints were the top gainers, while Infosys, Hero MotoCorp, and Vedanta have lost the most.
Market at pre-open: Equity benchmarks are trading mixed in the pre-opening. The Nifty is below 10,900.
At 09:00 hrs IST, the Sensex is up 70.78 points or 0.19% at 36515.42, and the Nifty down 48.00 points or 0.44% at 10874.80.
The Indian rupee has opened higher at 71.17 per US dollar, up 27 paise against previous close of 71.44 per US dollar.
