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Wednesday, January 08, 2025 | 04:29 PM ISTEN Hindi

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Sensex ends choppy day 42 pts up; Asian Paints jumps 8%, Tata Steel down 4%

On a weekly basis, both, the Sensex and the Nifty50 indices slipped around 1 per cent each

Image SI Reporter New Delhi
MARKET LIVE: Sensex, Nifty fluctuate; Nifty Metal dips 3%, FMCG stocks gain

9:58 AM

NEWS ALERT :: GoAir files for Rs 3,600 cr IPO with Sebi, says report

>> To use Rs 255 crore to repay IOCL for fuel
 
>> Company intends to repay debt of Rs 2016 crore
 
9:51 AM

UPL jumps 5%, hits new high on healthy March quarter results

Shares of UPL hit a new high of Rs 728.80, up 5 per cent, on the BSE in intra-day trade on Friday after the company reported a healthy 72 per cent year-on-year (YoY) jump in its consolidated net profit at Rs 1,065 crore on the back of strong operational performance. The global provider of sustainable agriculture products and solutions had posted a profit of Rs 617 crore in the year-ago quarter. READ MORE
agrochemical

9:46 AM

Most active stocks by volume

Company PRICE(rs) CHG(%) VOLUME
Vodafone Idea 8.92 1.48 3487065
Punjab Natl.Bank 37.90 2.16 1279589
Trident 17.60 0.40 994080
B H E L 72.10 1.05 717916
Suzlon Energy 5.83 2.28 673039
» More on Most Active Volume
9:40 AM

MORNING MARKET COMMENTARY :: Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

Worse-than-expected inflation data from US (4.2% in April YoY) led to sell-off in US markets with Dow, S&P and Nasdaq declining sharply by 2%,2.1% and 2.7% respectively on Wednesday. The US 10-year yield rose above 1.69%. But this victory for the bond bears proved to be short-lived as equity bulls came roaring back on Thursday. The market verdict, as of now, is that the high inflation print is transitory and, therefore, the Fed will continue on the ultra-loose monetary stance and the tapering of QE is far away. This is positive for markets globally. Back home Covid data continues to be grim and the consequent extensions of lockdowns in many states mean growth and earnings in Q1 FY22 will be lower than initial estimates. There is safety in IT, pharma, chemicals & high-quality financials. Consumer discretionary, particularly autos, will face rough weather
9:38 AM

Tata Power declines nearly 4% on weak Q4 results

It posted a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore for March quarter 2020-21. It had clocked a net profit of Rs 474.70 crore in the year-ago period.

9:36 AM

Index check :: Nifty holds 14,600

9:34 AM

Top gainers and losers on the S&P BSE Sensex as index decline 170 pts

9:32 AM

Happiest Minds Tech slumps 5% amid profit-taking post stellar Q4 nos

The IT firm Happiest Minds Technologies has reported a manifold growth in consolidated net profit at Rs 36.05 crore in the March 2021 quarter. The company, which got listed on BSE and NSE last year, had posted a net profit of Rs 5.30 crore in the year-ago period.

9:31 AM

TVS Motor trades mildly higher on appointment of new CEO of subsidiary

The company said it has appointed Robert Hentschel as the Chief Executive Officer (CEO) of iconic British brand Norton Motorcycle, which it acquired last year.

9:29 AM

Result impact :: Pidilite Industries slides over 2%

The manufacturer of adhesives, sealants and construction chemicals reported a 96.43 per cent YoY increase in consolidated net profit to Rs 307.44 crore for the fourth quarter ended March 2021. It had posted a profit of Rs 156.51 crore in the January-March period a year ago.

9:28 AM

Index check :: Sensex erases early gains

9:27 AM

Eicher Motors slips in the red as Co decides to shut plants

Royal Enfield said it has decided to shut down its two manufacturing facilities between May 13-16 amid a second Covid wave

9:25 AM

Asian Paints zooms 6% post March quarter results

9:24 AM

Vedanta trades flat on the upside

The company reported a consolidated net profit of Rs 6,432 crore in the March quarter against a loss of Rs 12,521 crore in the corresponding period last year on the back of increased sales.

9:23 AM

Street cheers UPL's Q4 nos

The firm on Wednesday reported a 73.59 per cent YoY growth in consolidated net profit at Rs 1,361 crore for March quarter 2020-21. The company's net profit stood at Rs 784 crore in the year-ago period.

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First Published: May 14 2021 | 8:01 AM IST