Monday, December 23, 2024 | 11:31 AM ISTEN Hindi

Benchmarks settle flat, Nifty ends at 11,300; Bharti Airtel slips over 2%

All that happened in the markets today

SI Reporter New Delhi

Among sectoral indices on the NSE, Nifty PSU Bank index fell the most - down 1 per cent.

11:29 AM

Tata Power rallies 8% on merger proposal with 3 wholly-owned subsidiaries

Tata Power shares surged as much as 8.3 per cent to Rs 57.4 on the BSE on Thursday after the firm reported June quarter result post market hours on Wednesday. The company's net profit rose by 10 per cent to Rs 268 crore for quarter ended June on the back of reduced expenses, compared to a net profit of Rs 243 crore reported during the same period a year ago. READ MORE

11:21 AM

NEWS ALERT | Sun Pharma's promoters release pledge on 87.8 lakh shares from August 10-12: CNBC TV18

11:17 AM

Top gainers on BSE at this hour

OMPANY	PRICE(rs)	CHG(%)
ECLERX SERVICES	620.50	20.00
K P R MILL LTD	549.30	10.95
EIH	75.45	10.71
INDIAN HOTELS CO	96.65	10.65
LEMON TREE HOTEL	32.25	9.88

» More on Top Gainers

11:05 AM

Result Today :: Hero MotoCorp's Q1 profit may dip up to 94% YoY as sales take a hit

Analysts expect the company's Q1 net profit to tumble anywhere in the range of 72-94 per cent on a year-on-year basis (YoY), led by massive decline in overall volumes. Revenues are also seen declining around 60 per cent YoY due to the disruption in the company's operations caused by coronavirus-led nationwide lockdown. READ MORE

11:04 AM

eClerx Services hits 20% upper circuit as Q1 net rises 30% YoY to Rs 52 cr

Shares of eClerx Services were frozen at 20 per cent upper circuit band of Rs 620.50 apiece on the BSE on Thursday after the company reported steady numbers for the quarter ended June 2020 (Q1FY21). The firm posted a 30 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 51.8 crore against Rs 39.8 crore in the corresponding quarter of the previous fiscal. READ MORE

10:52 AM

Here's how to use Golden Ratio and Fibonacci sequence in trading

The Golden ratio -- 1.618 -- is derived from the Fibonacci sequence, named after its Italian founder, Leonardo Fibonacci. In the sequence, each number is simply the sum of the two preceding numbers (1, 1, 2, 3, 5, 8, 13, and so on). READ MORE

10:42 AM

Aster DM Healthcare tumbles 7% on Rs 83 crore loss in June quarter

The company reported a standalone net loss of Rs 27.52 crore for the quarter udner review, as against Rs 17 crore loss in the year-ago period. Sequentially, the company had posted a profit of Rs 20 lakh in the March quarter of FY20. Besides, its revenue from operations declined from Rs 171.18 crore, reported in Q1FY20, to Rs 135.40 crore in the recently concluded quarter. READ MORE

10:32 AM

Aurobindo Pharma declines 4% despite 23% YoY jump in June quarter profit

Shares of Aurobindo Pharma dipped 4.47 per cent to Rs 892.25 on the BSE on Thursday despite the company reporting a 22.81 per cent year-on-year (YoY) rise in its consolidated net profit to Rs 780.68 crore for the quarter ended on June 30, 2020, mainly on account of robust sales in the US market. Consolidated revenue from operations of the company stood at Rs 5,924.78 crore for the quarter under consideration. It was Rs 5,444.60 crore for the same period a year ago, Aurobindo Pharma said in a filing to BSE. READ MORE

Aurobindo Pharma wrests second position among drug firms from Lupin

10:22 AM

Trump or Biden? Global equity markets to chart their own course: Analysts

“I don’t think the consensus is that Trump will come back to power and that will be good for the market. In the US, there are very little policy levers that the government has for the stock markets apart from the interest rates. And that will continue irrespective of who will be the president," says Shankar Sharma, vice chairman & joint managing director at First Global. READ MORE

10:11 AM

Rupee opening

Rupee opens unchanged at 74.82 against the US dollar

10:08 AM

Indiabulls Group stks rally as SS Mundra to be non-executive chairman of IBHFL

Shares of Indiabulls Group stocks were trading in the positive territory on the BSE on Thursday, a day after the company informed that Subhash Sheoratan Mundra, former deputy governor of Reserve Bank of India (RBI), and an independent director on the board, will be non-executive chairman of Indiabulls Housing Finance (IBHFL). The announcement came after Sameer Gehlaut stepped down as executive chairman of Indiabulls Housing Finance with immediate effect. READ MORE