At 10:32 IST, the barometer index, the S&P BSE Sensex, was down 168.04 points or 0.28% to 59,899.54. The Nifty 50 index fell 40.8 points or 0.23% to 17,876.50.
In the broader market, the S&P BSE Mid-Cap index gained 0.44% while the S&P BSE Small-Cap index rose 0.18%.
The market breadth was positive. On the BSE, 1567 shares rose and 1473 shares fell. A total of 189 shares were unchanged.
Results Today:
Britannia Industries (down 0.47%), Aurobindo Pharma (down 3.42%), Sobha (down 2.56%), Ujjivan Small Finance Bank (up 0.46%), Wockhardt (down 0.98%), Action Construction Equipment (up 0.37%), Balrampur Chini Mills (down 1.31%), Elgi Equipments (up 1.55%), HG Infra Engineering (up 2.64%), KRBL (up 1.3%) and Talbros Automotive Components (up 2.75%) are some of the companies that will announce their quarterly results today.
Buzzing Index:
The Nifty Media index gained 1.38% to 2,367.05.
Network 18 (up 7.67%), TV18 Broadcast (up 4.17%), Inox Leisure (up 4.11%), PVR (up 3.77%) and Zee Entertainment Enterprises (up 2.43%) were top gainers in media space.
Stocks in Spotlight:
Pfizer jumped 5.01% after the company's US-based parent said on Friday that its experimental Covid-19 antiviral pill cut by 89% the chance of hospitalization or death for adults at risk of severe disease.
Gail (India) fell 0.2%. The company said that the National Company Law Tribunal has granted approval for acquisition of IL&FS Group's 26% equity stake in ONGC Tripura Power Company (OTPC). xThe stake is being acquired from Infrastructure Leasing & Financial Services (L&FS) Group companies namely IL&FS Energy Development Company (EDCL) and IL&FS Financial Services (IFIN).
Inox Wind rose 1.98% to Rs 136.30 after the company bagged an order for a 150 MW (mega-watt) wind power project from NTPC Renewable Energy, a wholly owned subsidiary of NTPC, to be commissioned in the state of Gujarat.
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