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Closing Bell: Sensex, Nifty end flat, HDFC twins, Reliance Industries offset ICICI Bank, Axis Bank's gains
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Closing Bell: Sensex, Nifty end flat, HDFC twins, Reliance Industries offset ICICI Bank, Axis Bank's gains
Jan 29, 2019 10:38 PM

Here's the list of Nifty gainers and losers at market close today##Here's the list of Nifty gainers and losers at market close today

Jan 30, 2019 3:45 PM

Sensex heatmap at close: ICICI Bank, Tata Steel up over 5%, Bajaj Auto dips 2.6% post Q3 results##Sensex heatmap at close: ICICI Bank, Tata Steel up over 5%, Bajaj Auto dips 2.6% post Q3 results

Jan 30, 2019 3:44 PM

Closing Bell: Sensex, Nifty end flat, HDFC twins, RIL drag##Closing Bell: Sensex, Nifty end flat, HDFC twins, RIL drag

Benchmark indices closed flat after a volatile session on Wednesday with Nifty finishing just above 10,650 level. At the close, the Sensex was down 1.25 points at 35591.25, while Nifty was down 0.40 points at 10651.80. ICICI Bank, Tata Steel, Axis Bank, HCL Tech and SBI are the top gainers, while Bajaj Auto, Kotak Mahindra Bank, Yes Bank, HDFC and Reliance Industries are among major losers on the Sensex. Among the sectors energy, FMCG and pharma witnessed some selling pressure, while buying was seen in bank, IT and metal stocks.

Jan 30, 2019 3:41 PM

Heritage Foods Q3 consolidated net profit grows 16% at Rs 18.9 crore##Heritage Foods Q3 consolidated net profit grows 16% at Rs 18.9 crore

Jan 30, 2019 3:21 PM

JSW Energy surges more than 7% after over 200% jump in quarterly profit##JSW Energy surges more than 7% after over 200% jump in quarterly profit

Shares of JSW Energy surged more than 7 percent on strong third quarter earnings. The company's quarterly net profit jumped more than 200 percent to Rs 146.2 crores. It had posted Rs 47 crores in Q3FY18. The revenue in the third quarter stood at Rs 2,421.7 crore, which jumped more than 21 percent. Shares quoted at Rs 68.50, up 6.7 percent on the NSE at 3.13 pm. Benchmark indices traded flat with the Nifty up by just 4.5 points to 10,656.70, while the Sensex was down by 5 points to 35,588.

Jan 30, 2019 3:14 PM

Jubilant FoodWorks Q3 net profit rises 46% to Rs 96.5 crore##Jubilant FoodWorks Q3 net profit rises 46% to Rs 96.5 crore

Jubilant FoodWorks, which runs Domino's Pizza, on Wednesday reported a 46 percent year-on-year (YoY) jump in net profit at Rs 96.5 crore for the third quarter ended December 2018 on same-store sales growth. In the corresponding quarter last year, the company posted a net profit of Rs 66 crore.

Read full report here

Jan 30, 2019 2:55 PM

IOC Q3 net profit falls 78% to Rs 716 crore; revenue rises to Rs 1.6 L crore##IOC Q3 net profit falls 78% to Rs 716 crore; revenue rises to Rs 1.6 L crore

Indian Oil Corporation has reported a fall of 78 percent in its net profit for the December quarter to Rs 716 crore against Rs 3,247 crore that the company reported last quarter. Its revenues grew 6 percent to Rs 1.6 lakh crore against Rs 1.5 lakh crore last quarter. Shares quoted at Rs 136.60, down by more than half a percent.

Jan 30, 2019 2:22 PM

Bajaj Auto Q3 net profit at Rs 1,101.9 crore Vs CNBC-TV18 poll of Rs 1,051 crore##Bajaj Auto Q3 net profit at Rs 1,101.9 crore Vs CNBC-TV18 poll of Rs 1,051 crore

Jan 30, 2019 2:10 PM

Axis Bank shares jump over 6% after Q3 results##Axis Bank shares jump over 6% after Q3 results

Shares of Axis Bank Wednesday jumped over 6 percent to its 52-week high level after the company reported over two-fold jump in its third quarter net profit. The shares of the bank rose by 6.38 percent to Rs 703 - its 52-week high - on BSE. Similarly, at NSE, its shares jumped 6.44 percent to its 52-week high of Rs 703.35.

Read full report here

Jan 30, 2019 2:10 PM

Godrej Consumer plunges 8.5%, Sensex, Nifty trade in the green##Godrej Consumer plunges 8.5%, Sensex, Nifty trade in the green

Godrej Consumer products shares have slumped almost 8.5 percent intraday to Rs 693.20 as brokerage houses cut their earnings estimates after the company's weak set of earnings for the quarter ended December 2018. The stock quoted at Rs 696.75, still down by 7.25 percent on the NSE at 1.53 pm with as many as 32,13,053 shares traded. Meanwhile, benchmark indices traded in the green, after early afternoon's volatility. The Nifty was up by 2 points to trade at 10,654 at 1.56 pm. The Sensex gained 50 points to trade at 35,643.

Jan 30, 2019 1:57 PM

Farm package could cost about Rs 80,000 crore a year, says Kotak Mahindra Bank##Farm package could cost about Rs 80,000 crore a year, says Kotak Mahindra Bank

Upasna Bhardwaj, senior economist at Kotak Mahindra Bank, said a relief package to farmers under the minimum support income measures could cost the government about Rs 75,000 to Rs 80,000 crore a year. Congress president Rahul Gandhi on Monday said that his party will bring Minimum Income Guarantee for the poor of the country if the Congress party is voted power in the Lok Sabha elections this year.

Check full report here

Jan 30, 2019 1:45 PM

ICICI Bank rallies 4.5% ahead of third quarter results; NII growth seen at 18%##ICICI Bank rallies 4.5% ahead of third quarter results; NII growth seen at 18%

Shares of ICICI Bank touched an intra-day high of Rs 363.20 on Wednesday, rising more than 4.5 percent ahead of the private lender's third quarter results later in the day.

Read full report here

Jan 30, 2019 12:55 PM

Glenmark Pharma at day's low, stock down by over 2%##Glenmark Pharma at day's low, stock down by over 2%

Jan 30, 2019 12:53 PM

DHFL fails to reassure investors as shares continue their decline##DHFL fails to reassure investors as shares continue their decline

Dewan Housing Finance Ltd (DHFL) failed to assuage investor unease over CobraPost's allegations, pressuring the stock when it resumed trading on Wednesday. Shares of the mortgage lender slumped as much as 12 percent to Rs 153 in early morning trade, extending previous day's selloff after investigative news portal Cobrapost accused DHFL of siphoning off Rs 31,000 crore of loans to 'dubious' companies. The stock ended 8 percent lower following the news on Tuesday.

Read full report here

Jan 30, 2019 11:51 AM

ICICI Bank Q3 results today: Key things to watch out for##ICICI Bank Q3 results today: Key things to watch out for

ICICI Bank Ltd is scheduled to release its earnings for the December 2018 quarter today and analysts expect a strong set of numbers. A key thing to watch out for will be the slippages or the accretion of bad loans in a particular quarter, analysts believe.

Read full report here

Meanwhile, shares of ICICI Bank quoted at Rs 358.10, up by 3.24 percent on the NSE at 11.20 am. The NSE Nifty50 traded at 10,633, down by 19 points, while the Sensex was lower by 23 points, trading at 35,570.

Jan 30, 2019 11:21 AM

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