F&O Expiry: Sensex, Nifty end lower; Tata Motors dips 5% ahead of Q1 nos

The BSE Sensex closed at 37,831 level, down 17 points, or 0.04%. The broader Nifty50, too, shed 19 points, or 0.17%, to settle at 11,252 levels.

1:37 PM

ICICI Prudential Life gains 7% in subdued market post Q1 results

Shares of ICICI Prudential Life Insurance Company (ICICI Pru) rallied 7 per cent to Rs 408 on the BSE on Thursday in an otherwise subdued market, after reporting 27 per cent year-on-year (YoY) growth in value of new business (VNB) at Rs 309 crore in the June quarter (Q1FY20). The stock was 5 per cent away from its 52-week high level of Rs 428 touched on August 7, 2018 in intra-day trade. READ MORE

1:23 PM

NEWS ALERT | GST Council to mull exemption of tax on hiring of EVs: sources to CNBC TV18

-- Council likely to reduce GST on EVs from 12% to 5% in today's meeting

1:10 PM

Bank of Baroda continues to trade lower ahead of Q1 results

12:58 PM

Stocks that hit 52-week low on S&P BSE Sensex

COMPANY	PRICE(rs)	52 WK LOW	CHG(rs)	CHG(%)
AJANTA PHARMA	874.70	867.95	-16.60	-1.86
APOLLO TYRES	161.10	160.80	-3.55	-2.16
ASHOK LEYLAND	72.05	71.65	-0.45	-0.62
BAJAJ CONSUMER	278.85	278.85	-6.60	-2.31
BALKRISHNA INDS	723.55	706.65	5.70	0.79

12:48 PM

Zee Entertainment trades over 2% higher

12:43 PM

Nifty PSU Bank index drags

12:28 PM

Bajaj Finance extends loss after Q1 results

12:26 PM

Earnings Alert | Bajaj Finance Q1 results

-- Net profit at Rs 1,124.7 cr
 

-- Gross NPA at 1,560% vs 1.54% QoQ
 

-- Net NPA at 0.64%
 

-- NII at Rs 3,695 cr
 

-- Provision coverage ratio at 61% vs 60% QoQ

12:22 PM

Talwalkars Healthclubs, Talwalkars Better Value tank over 50% in six days

Shares of Talwalkars Healthclubs and Talwalkars Better Value Fitness (TBVFL) continued to reel under pressure, falling over 50 per cent in the past six trading days. Talwalkars Healthclubs (Rs 41) and TBVFL (Rs 22) were down 5 per cent each on Thursday. Both have tanked 55 per cent since July 18 and are trading at their respective all-time low levels. They have hit the lower circuit for six straight days, with no buyers seen on the counters. READ MORE

12:17 PM

Bajaj Auto Q1 preview: Adverse product mix, discounts to weigh on profit

Bajaj Auto will declare its June quarter results on Friday. And, although the company has reported a rise in volumes in an otherwise subdued quarter for auto firms, analysts expect the inferior product mix and higher discounting to drag down the company's profit. According to data, Bajaj Auto's overall volume grew 1.7 per cent on a year-on-year (YoY) basis to 12,47,174 units in Q1FY20. Total motorcycle volume increased 4 per cent YoY, while three-wheeler volume declined 20 per cent YoY. READ MORE

12:15 PM

Nifty sectoral indices at this hour

12:14 PM

Sensex slips into the red zone

12:05 PM

NEWS ALERT | LIC Housing Fin makes interest payment of Rs 46.75 cr on NCDs on July 24

12:02 PM

Result Expectation | Edelweiss Securities on Bajaj Finance Q1 result

-- Net Profit at Rs 1,299 crore, up 55.4% YoY, from Rs 836 crore 

-- pre-provision profit at Rs 2,570 crore, up 58.3% YoY, from Rs 1,624 crore

-- NII at Rs 3,796 crore, up 47.5% YoY, from Rs 2,573 crore

11:58 AM

Result Expectation | Antique Broking on Bajaj Finance Q1 result

-- Net Interest Income at Rs 3,715.9 crore, up 44.4% YoY, from Rs 2,572.8 crore

-- Pre-provision profit at Rs 2,452.5 crore, up 51% YoY, from Rs 1,624.1 crore