MARKET WRAP: Sensex gains 582 pts, Nifty ends at 11,787; Tata Motors up 16%
All that happened in markets today.
10:45 AM
Marico declines 7% as consumption slowdown hits domestic biz in Q2
Shares of Marico slipped up to 7.3 per cent to Rs 362.35 on the BSE on Tuesday on tepid growth in the September quarter of FY20. Despite a 17 per cent rise in the net profit, weakness in the domestic business dented sentiment.
The fast moving consumer goods (FMCG)-major reported a 3 per cent year-on-year (YoY) decline in the domestic business turnover at Rs 1,398 crore due to "an accelerated slowdown in consumption". READ MORE
10:39 AM
Market check | Nifty50 reclaims 11,700 after 4 sessions
10:36 AM
Tata Motors extends rally on encouraging Q2 results, jumps 34% in 2 days
On Friday, Tata Motors reported a better-than-expected earnings for the September quarter, with improvement in the operational performance at Jaguar Land Rover, its Britain-based luxury vehicle arm. Net loss at the consolidated entity narrowed to Rs 216.6 crore in the three months to September, from Rs 1,048.8 crore in the same period a year before. READ MORE
10:20 AM
Market check | Sensex near day's high
10:06 AM
Bharti Airtel slips 4% as it defers September quarter results on AGR matter
Shares of Bharti Airtel slipped up to 4 per cent in the opening deals on Tuesday after the company deferred its September quarter results till November 14 saying it needed more clarity on adjusted gross revenue (AGR) matter. The company was slated to release its financial results today. READ MORE
9:57 AM
Market check
9:46 AM
BROKERAGE RADAR | ICICI Securities on Astral Poly Technik
We model revenue, earning CAGR of ~22%, ~35%, respectively, in FY19-21E led by volume growth, recovery in EBITDA margin. Though we believe in strong fundamentals of APTL coupled with intact demand outlook (led by government push on housing & infra sectors), the current price discounts all near term positives. We maintain HOLD rating on the stock.
9:28 AM
Momentum Picks by ICICI Securities
9:27 AM
Top 5 losers on the BSE at present
9:26 AM
RESULTS IMPACT | Pfizer gains over 4.50% after Q2 results
9:24 AM
Bharti Airtel slips 3% as it defers Q2 results
9:23 AM
BUZZING STOCK | Tata Motors jumps 10%
9:21 AM
Sectoral gainers and losers on the NSE
9:21 AM
Top gainers and losers on the S&P BSE Sensex
9:19 AM
OPENING DEALS
At 09:17 am, the S&P BSE Sensex was trading 42 points or 0.11 per cent higher at 39,293 levels while NSE's Nifty50 index was ruling at 11,637, up 10 points or 0.09 per cent.
Topics : Markets MARKET WRAP
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First Published: Oct 29 2019 | 7:00 AM IST