Indian equity indices ended lower for the second consecutive trading session, led by the declines in HDFC Bank Ltd. and ITC Ltd.
The BSE Sensex fell 0.49 percent to end at 41,257.74 and the NSE Nifty fell 0.5 percent to end at 12,113.45. The broader markets represented by the NSE Nifty 500 Index fell 0.57 percent.
The market breadth was tilted in favour of sellers. About 1,157 stocks declined and 625 shares advanced on National Stock Exchange.
All the 11 sectoral gauges compiled by the NSE ended lower, led by the NSE Nifty PSU Bank Index’s 1.9 percent fall.
SpiceJet
Key Earnings Highlights (Q3, YoY)
Bharti Airtel
Deepak Nitrite
Ircon International
Godrej Agrovet
Page Industries
Pfizer
Shares of Shree Renuka Sugars fell as much as 12.8 percent to Rs 6.8.
Trading volume was more than two times its 20-day average, Bloomberg data showed. The scrip declined 29 percent in the past 12 months compared to a 15 percent gain in the Sensex.
Indian equities extended declines to trade at day’s low.
The S&P BSE Sensex fell 0.63 percent to 41,200 and the NSE Nifty 50 fell 0.66 percent to 12,095. The broader markets represented by the NSE Nifty 500 Index fell 0.68 percent.
Shares of Akzo Nobel India extended rally for the second consecutive trading session. The stock rose as much as 8.3 percent to Rs 2,448.95.
Trading volume was almost triple its 20-day average, Bloomberg data showed. The Relative Strength Index was above 70, indicating that the stock may be overbought.
Shares of Deepak Nitrite extended gains for the sixth consecutive trading session. The stock rose as much as 8.7 percent to hit an all-time high at Rs 464.90.
Trading volume was more than four times its 20-day average, Bloomberg data showed. The Relative Strength Index was above 70, indicating that the stock may be overbought.
About 71.4 lakh shares of GMR Infrastructure changed hands in two large trades, Bloomberg data showed. Buyers and sellers were not known immediately.
Shares of SpiceJet halted a three-day losing streak and rose as much as 10.3 percent to 93.40 after announcing December quarter results.
Key Earnings Highlights (Q3, YoY)
Shares of Aegis Logistics extended gains for the second consecutive trading session. The stock rose as much as 10.2 percent, to Rs 251.45, the highest since Aug. 8, 2018.
The stock returned 5.1 percent in the past five days and rallied 20 percent in the past 30 days, Bloomberg data showed. Aegis logistics traded at 30 times its estimated earnings per share for the coming year, according to Bloomberg.
U.S. equity futures edged higher while stocks were mixed in Europe and Asia as traders sorted through contrasting data from China on how the coronavirus is spreading.
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Source: Bloomberg
About 14 lakh shares of Tata Motors changed hands in a large trade, Bloomberg data showed. Buyers and sellers were not known immediately.
The inflation as measured by the wholesale price index stood at 3.1 percent in January, according to data released by the Ministry of Commerce and Industry.
Nifty’s 12,200 put option contract was among the most active Nifty option contracts on National Stock Exchange.
Premium on the contract, which is set to expire on Feb. 20, rose 22.75 percent to Rs 113.30. About 8 lakh shares were added to the open interest which stood at over 13.5 lakh shares.
Source: Bloomberg
Indian equities erased gains.
The S&P BSE Sensex traded little changed at 41,417 after rising as much as 0.59 percent earlier. The NSE Nifty 50 also traded little changed at 12,157 after gaining as much as 0.59 percent during the opening trade.
Apollo Hospital Enterprises (Q3, YoY)
Page Industries (Q3, YoY)
Lemon Tree Hotels (Q3, YoY)
All Cargo Logistics (Q3, YoY)
Shares of Adani Green Energy halted its three-day losing streak. The stock rose as much as 4.9 percent to Rs 209.90.
The company entered into a binding agreement with Total, who will invest $510 million for the acquisition of a 50 percent stake in a JV company which will house 2,148 MWAC operating solar projects presently which are 100 percent owned by Adani Green Energy.
The scrip advanced 517 percent in the past 12 months compared to a 15 percent gain in the Sensex.
Shares of Avenue Supermarts fell as much a 4.4 percent, the most since Nov. 26, 2019, to Rs 2,432.
The company’s promoters plan to sell 2.28 percent stake via offer for sale of shares. Promoters to sell up to 1.48 crore shares at a floor price of Rs 2,049 per share for Rs 3,032.52 crore.
Trading volume was 30 times its 20-day average, Bloomberg data showed. The stock traded at 113 times its estimated earnings per share for the coming year.
Shares of Vodafone Idea rose as much as 21.1 percent, the most since Jan. 21, 2020, to Rs 5.45.
The wireless telecom operator reported greater-than-expected loss in the quarter ended December amid concerns about the telecom operator’s ability to remain in business.
Key Earnings Highlights (Q3, YoY)
Indian equities opened higher, after declining for two consecutive trading sessions.
The S&P BSE Sensex rose 0.4 percent to 41,638 and the NSE Nifty 50 rose 0.42 percent to 12,225. The broader markets represented by the NSE Nifty 500 Index rose 0.4 percent.
The market breadth was tilted in favour of buyers. About 915 stocks advanced and 525 shares declined on National Stock Exchange.
All the 11 sectoral gauges compiled by NSE traded higher, led by the NSE Nifty Private Bank Index’s 0.49 percent gain.
(As Reported On Feb. 13)
Indian equities are set for a tepid start.
The S&P BSE Sensex traded little changed 41,466 during the pre-market trade and the NSE Nifty 50 fell 0.2 percent to 12,148.
Apollo Hospital Enterprises (Q3, YoY)
Page Industries (Q3, YoY)
Lemon Tree Hotels (Q3, YoY)
All Cargo Logistics (Q3, YoY)
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