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Shares of the Mumbai-based mortgage lender extended decline to second and fell as much as 12.76 percent intraday to Rs 161.30.
In the last two trading sessions, the stock has fallen 19 percent.
Shares of the Pune-based consumer finance company rose as 1.8 percent to Rs 2,505 after its profit surpassed Bloomberg consensus estimates in December quarter.
Key earnings highlights:
Shares of the country's largest mortgage lender continue to trade on a weak note after its profit missed Bloomberg consensus estimates in December quarter.
Key earnings highlights:
Keki Mistry, MD and CEO of HDFC in a media briefing says:
Shares of the Chennai-based cement maker continue to trade lower despite its profit meeting Bloomberg consensus estimates in December quarter.
Key earnings highlights:
Shares of the Bengaluru-based drugmaker came off intraday high levels after it reported December quarter earnings.
Key earnings highlights:
Shares of the Ahmedabad-based sanitary ware maker swung between gains and losses after its profit met Bloomberg consensus estimates in December quarter.
Key earnings highlights:
The pound weakened against all its Group-of-10 peers as traders await the U.K. Parliament’s vote on Prime Minister Theresa May’s amended Brexit deal.
Source: Bloomberg
Shares of the Chennai-based non-banking finance company rose as much as 5.57 percent to Rs 123.30 after it formed a committee for evaluation of various options for listing of Equitas Small Finance Bank, Equitas said in an exchange filing.
Shares of the Ahmedabad-based drugmaker fell as much as 4.60 percent to Rs 201.05 after U.S. FDA issued Establishment Inspection Report (EIR) after conducting inspection in October.
Shares of the country's fourth largest private sector lender rose as much as 0.55 percent to Rs 660 ahead of December quarter earnings.
Here's what to expect from Axis Bank in December quarter. (Bloomberg consensus estimates YoY):
Shares of the country's largest motgage lender fell as much as 1.23 percent to Rs 1,923 ahead of December quarter earnings.
Here's what to expect from HDFC in December quarter:
Buyers and sellers were not immediately known
Source: Bloomberg
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Buyers and sellers were not immediately known
Source: Bloomberg
Shares of the Mumbai-based public-sector bank rose as much as 4.53 percent to Rs 94.70 after its asset quality improved in December quarter.
Key earnings highlights:
Shares of the Pune-based engineering firm rose as much as 10 percent, the most in over two weeks, to Rs 123.70 after its profit in December quarter more than tripled.
Key earnings highlights:
Shares of the Pune-based software services company rose as much as 5.32 percent, the most in three weeks, to Rs 595 after its board approved share buyback proposal.
Persistent Systems will buy back up to 30 lakh shares or 3.75 percent equity at Rs 750 per share aggregating to Rs 225 crore. The buyback is at 33 percent premium to the current market price.
Persistent Systems also reported December quarter earnings post market hours yesterday. Here are the key earnings highlights:
Following its December quarter earnings CLSA maintained its buy call on the stock but cut its target price to Rs 700 from Rs 800. On the other hand, Investec maintained buy and raised target price to Rs 840 from Rs 800.
Rupee opened lower at 71.15 per dollar against yesterday's close of 71.11.
The local unit fell as much as 0.11 percent or 8 paise to 71.19 against the greenback.
A sale of state bonds today will test the investor appetite in the sovereign bond market that is grappling with the likely fiscal impact of government expected farm-relief package.
The yield on the most traded 2028 bond fell 1 basis point to 7.54 percent in the last session. It is likely to stay in a range of 7.52-7.60 percent in the day. The state bond sale cutoffs will be closely watched.
In the currency market, implied opening suggests spot may start trading around 71.13 a dollar. The sentiment in the region remains weak and rupee too may stay under pressure. Dealers see the currency in a range of 71 to 71.50 a dollar.
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