Buyers and sellers were not immediately known
Source: Bloomberg
Shares of the Tirupati-based battery maker fell as much as 2.46 percent to Rs 760 after its net profit fell 5.5 percent on a yearly basis to Rs 120.2 crore during the July-September period.
Key earnings highlights (Q2, YoY)
Cloud Of Repeat Observations Hangs Over Dr. Reddy’s Duvvada Plant
Indian equity mutual funds saw inflows of around Rs 15,000 crore in October which was highest since February 2018, according to data released by Association of Mutual Funds of India (AMFI).
Total mutual fund inflows stood at Rs 35,530 crore in October.
Only proposal under discussion is to fix appropriate economic capital framework of RBI.
— Subhash Chandra Garg (@SecretaryDEA) November 9, 2018
Shares of the Chennai-based public sector lender fell as much as 6.80 percent to Rs 243.80 after its net profit declined on account of higher provisioning and asset quality worsened in September quarter earnings.
Key earnings highlights:
Indian equity benchmarks were trading with a negative bias weighed down by weakness in IT, metal and telecom stocks.
The S&P BSE Sensex fell 0.12 percent or 42 points to 35,196 and the NSE Nifty 50 Index declined 0.1 percent or 10 points to 10,588.
Ten of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE IT Index's 1.2 percent fall. On the other hand, the S&P BSE Consumer Durables Index was top gainer, up 0.7 percent.
Shares of the Chennai-based cement maker rose as much as 4.31 percent to Rs 98.10 after its revenue met Bloomberg consensus estimates in September quarter.
Key earnings highlights:
Buyers and sellers were not immediately known
Source: Bloomberg
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Shares of oil marketing companies advanced after Brent crude prices declined 2 percent to $70.65 in yesterday's session.
Passenger car sales rise 0.4 percent YoY in October to 1.85 lakh units, data released by Society of Indian Automobile Manufacturers (SIAM) showed.
October auto sales
Shares of the Bengaluru-based watch and jewellery retailer rose as much as 1.12 percent to Rs 860 ahead of its September quarter earnings. A poll of analysts tracked by Bloomberg expect Titan to report net profit of Rs 367 crore, up 20 percent.
Earnings preview (Standalone Q1, YoY):
Shares of the country's largest two-wheeler maker rose as much as 2.3 percent to Rs 2,956 after it launched new premium motorcycle ‘Xpulse 200T’.
The XPulse 200T is a ‘Tourer’ that offers customers modern technology in retro styling. Built to inspire touring, the XPulse 200T offers easy and comfortable riding posture thanks to its focus on ergonomics, and loading capability with its large luggage plate, Hero MotoCorp said in a press release.
Shares of the Visakhapatnam-based dredging company were locked in a ten percent upper circuit at Rs 384.10 after the cabinet cleared proposal to sell its entire stake in the company.
The Union Cabinet on Thursday approved strategic sale of government stake in Dredging Corporation of India Ltd. to consortium of four ports.
The government currently holds 73.44 percent in DCIL.
"Cabinet Committee on Economic Affairs has given in principle approval for strategic disinvestment of 100 percent Government of India's share in DCIL to consortium of 4 ports, namely Vishakhapatnam Port Trust, Paradeep Port Trust, Jawaharlal Nehru Port Trust and Kandla Port Trust," an official tweet said.
Bharti Airtel's Ratings May Be Downgraded to Junk by Moody's
Rupee opened higher at 72.71 per dollar against previous close of 73.00.
The local unit rose as much as 0.47 percent or 34 paise to 72.66.
CLSA
HSBC
CLSA
Jefferies
CLSA on Dr Lal Pathlabs
CLSA on Century Ply
Uniply Industries
(As reported on Nov. 06)
Aditya Birla Capital (Q2, YoY)
Manappuram Finance (Q2, YoY)
Camlin Fine Sciences (Q2, YoY)
MRF (Q2, YoY)
Aban Offshore (Q2, YoY)
Pricol (Q2, YoY)
Here are some key events coming up this week:
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