Broader markets outperformed the frontline indices with BSE Midcap and BSE Smallcap down 0.2% and 0.4% respectively
3:34 PM
Markets at Close
The S&P BSE Index ended the day at 33,033, down 281 points while the broader Nifty50 index settled at 10,224, down 96 points
3:20 PM
Slips in trade
Bharat Petroleum Corp fell as much as 3.7% to its lowest in four weeks, after its September-quarter profit missed market estimates.
3:10 PM
Asia Check
Asian markets wavered in Monday trade after US stocks closed mostly lower on Friday, with Japan's Nikkei 225 index ending lower for the fourth straight session.
The Nikkei 225 fell 1.32%, or 300.43 points, to close at 22,380.99 — its lowest close since October 31. Across the Korean Strait, the Kospi edged down 0.5% to end at 2,530.35
2:59 PM
Buzzing stock
Shares of Vakrangee touched their 52- week highs, gaining 5% on the back of strong Q2 numbers.
Vakrangee has reported 13 percent jump in its Q2 (August-September) consolidated net profit at Rs 189.8 crore versus Rs 168 crore, in the quarter ended June 2017.
2:44 PM
Nifty Energy index falls nearly 1%
Source: NSE
2:25 PM
Select hotel & restaurant shares gain on GST rate change
Shares of hotels & restaurant companies rallied up to 16% on the BSE in intra-day trade in otherwise subdued market after the Goods and Services Tax (GST) Council decided to reduce the tax rate for all restaurants, barring those in luxury hotels, to 5%, without any input tax credit.
Restaurants in hotels with room tariff of Rs 7,500 and above per day will attract 18% GST with full input tax credit.
Among the individual stocks, Royal Orchid Hotels hit a 52-week high of Rs 156, up 16%, and Speciality Restaurants rallied 8% to Rs 127 on the BSE in intra-day trade. READ MORE
2:10 PM
Jaypee Infratech up 10% for second straight day
Jaypee Infratech was locked in upper circuit for the second day in a row, up 10% at Rs 15.22 on the BSE, after media report suggested that the company has received interest from 18 bidders.
In the past three trading sessions, the stock rallied 23% from Rs 12.34 on November 8, 2017, as compared to 0.07% decline in the S&P BSE Sensex. A combined 1.14 million shares changed hands and there were pending buy orders for 4.74 million shares on the NSE and BSE. READ MORE
Axis Bank jumped 1.8% to its highest since September 2016 after the bank said it will raise capital by selling securities to a group of investors including Bain Capital and Life Insurance Corp.
1:36 PM
SBI extends gain post September quarter results
State Bank of India (SBI) gained nearly 4% to Rs 345 in intra-day trade, extending Friday’s 6% surge on the BSE, after the bank’s asset quality improved sequentially in September quarter (Q2FY18).
The gross non-performing assets (NPAs) declined to 9.83% in Q2FY18, as against 9.97% in Q1FY18. Net NPAs, too, fell to 5.43% of the net advances at the end of second quarter this fiscal, from 5.97% in the previous quarter. The bank’s slippage ratio accretion of fresh bad loans as a percentage of total loan book) declined to 1.85% in Q2, as against 5.38% in the June quarter. READ MORE
Benchmark indices ended lower on Monday, with Larsen & Toubro dragging the indexes after it cut its full-year order flow growth guidance, while oil price worries kept energy shares such as Reliance Industries under pressure. Investors also reacted to the September quarter earnings of index heavyweights Idea Cellular, Adani Ports and Coal India.
Oil remained well supported as ongoing output cuts led by the Organization of the Petroleum Exporting Countries and Russia contributed to a significant reduction in excess supplies and as tensions in the Middle East raised the prospects of supply disruptions.
Meanwhile, consumer price index (CPI)-based inflation data for October will be released post market hours today.
Overseas, Asian shares stepped back in a cautious trade as investors look to see whether US Republicans can hammer a tax reform deal quickly, while the British pound fell on growing doubts over Prime Minister Theresa May’s leadership.
 "Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag")
