Friday, January 10, 2025 | 12:16 AM ISTEN Hindi

MARKET WRAP: Indices pare gains, Sensex ends 70 pts higher; Airtel up 9%

All that happened in markets today.

SI Reporter New Delhi

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai (

9:20 AM

Sectoral gainers and losers on the NSE

9:20 AM

Top gainers and losers on the S&P BSE Sensex

9:17 AM

OPENING DEALS

At 09:16 am, the S&P BSE Sensex was trading 122 points or 0.30 per cent higher at 40,408.20 while NSE's Nifty50 index was trading above 11,900 levels at 11,904, up 32 points or 0.27 per cent.

9:05 AM

Top gainers and losers on S&P BSE Sensex during Pre-open

9:04 AM

Market at Pre-open

9:03 AM

Market at Pre-open

9:03 AM

Rupee Opening Alert

Rupee opens higher at 71.79/$ vs Thursday's close of Rs 71.97 against a US dollar

8:57 AM

AGR woes: Bharti Airtel, Voda Idea post a combined Rs 74,000-cr loss in Q2

Stung by colosal losses, Vodafone Idea said its ability to continue as a going concern is dependent on obtaining relief from the government and positive outcome of the proposed legal remedy.

The company is also in the process of filing a review petition against the Supreme Court order. READ MORE

8:53 AM

Vodafone Idea net worth down 70%, Bharti Airtel hurt but still in the game

Vodafone Idea’s net debt to equity ratio has jumped to a record level of 4.5x at the end of September this year, as against 1.24x at the end of June and 1.8x at March-end. This makes Vodafone Idea one of the most indebted firms in the country comparable to financially stressed firms in sectors such as infrastructure and power sector. READ MORE

8:49 AM

Stocks to watch: Bharti Airtel, Vodafone Idea, ONGC, Union Bank, IOC

Here's a look at the top stocks that may remain in focus today -

Bharti Airtel, Vodafone Idea: Bharti Airtel on Thursday reported a pre-tax loss of Rs 31,334 crore for the September quarter (Q2), after the company provided for outstanding payments to the central government on account of the Supreme Court judgment on adjusted gross revenues (AGR). The pre-tax loss in the year-ago quarter stood at Rs 1,998 crore.

On the other hand, Vodafone Idea reported a massive pre-tax loss of Rs 36,959 crore for the July-September quarter after it provided for payments related to adjusted gross revenues, or AGR. The company took a hit of Rs 30,774 crore (including AGR) for the quarter. This led to a loss of Rs 50,922 crore at the net level, the highest-ever for an Indian company.

ONGC: State-owned Oil and Natural Gas Corporation (ONGC) on Thursday reported a 36.2 per cent drop in second quarter net profit as it faced double whammy of fall in oil production and drop in prices. READ MORE

8:46 AM

Top stock recommendations from Anand Rathi: Buy Infosys, HDFC Bank

HDFC BANK: BUY | TGT: Rs 1,330 | SL: Rs 1,255

The stock has provided a breakout from the falling channel and with that it has resumed its fresh trend on the upside. The daily as well as weekly momentum indicator is well in the buy mode, so one can buy this for the target of Rs 1,330 with a stop loss of Rs 1,255. READ MORE

8:43 AM

Commodity outlook by Tradebulls Securities: Buy lead, natural gas

Indian rupee has been on a downward spiral after India’s disappointing index of industrial production (IIP) number last week. On November 13, the Indian rupee broke the 72 level after retail inflation came more than expected and above RBI’s target of 4 per cent. Retail inflation came at 4.68 per cent on the back of a rise in food inflation because of erratic monsoon. On November 14, the rupee did manage to stage a comeback but it was short lived. It seems we will see weak rupee going forward as it has broken its range of 71.60-70.80. We expect rupee to trade near 72.10 levels with downside capped at 71.40 and upside capped at 72.80. READ MORE