Indian equities halted their two-day gaining streak, led by the declines in ICICI Bank Ltd., HDFC Ltd. and HDFC Bank Ltd.
The S&P BSE Sensex fell 0.26 percent to end at 41,459.79 and the NSE Nifty 50 fell 0.22 percent to close at 12,174.65. The broader markets represented by the NSE Nifty 500 Index fell 0.19 percent.
The market breadth was tilted in favour of sellers. About 986 stocks declined and 790 shares advanced on National Stock Exchange.
Six out of 11 sectoral gauges compiled by NSE ended lower, led by the NSE Nifty Private Bank Index’s 1.4 percent fall. On the flipside, the NSE Nifty Pharma Index was the top sectoral gainer, up 0.85 percent.
Adani Transmission (Q3, YoY)
Godrej Industries (Q3, YoY)
Torrent Power
Key Earnings Highlights (Q3, YoY)
Venky’s India
Take Solutions
Key Earnings Highlights (Q3, YoY)
Mishra Dhatu Nigam
Tasty Bite Eatables
Vardhman Textiles
Jyothy Labs
Great Eastern Shipping
Stocks fell alongside U.S. equity futures on Thursday as officials in China deployed a revised methodology to diagnose the coronavirus, sending the number of confirmed cases soaring. Treasuries, gold and the yen all jumped.
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Source: Bloomberg
Shares of Hindustan Aeronautics fell as much as 2.2 percent to Rs 758.95 after announcing December quarter results.
Key Earnings Highlights (Q3, YoY)
Shares of IFCI rose as much as 8.7 percent, the most since Dec. 24, 2019, to Rs 6.20. The scrip halted their five-day losing streak.
Of the shares traded, 53 percent were at the ask price and 46 percent were at the bid, according to Bloomberg data. The stock rose 0.8 percent in the past five days and fell 9.6 percent in the past 30 days.
Shares of Venky's India halted their five-day losing streak. The stock rose as much as 12 percent to, the most since Aug. 5, 2019, to Rs 1,528.90.
Trading volume was seven times its 20-day average, Bloomberg data showed. The scrip declined 28 percent in the past 12 months compared to a 15 percent rally in the Sensex.
About 15.6 lakh shares of HDFC Bank changed hands in a large trade, Bloomberg data showed. Buyers and sellers were not known immediately.
Nifty’s 12,200 call 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. 13, fell 90.3 percent to Rs 3.75. About 51.53 lakh shares were added to the open interest which stood at over 70.01 lakh shares.
Indian equities declined, after fluctuating between gains and losses in the opening trade.
The S&P BSE Sensex fell 0.35 percent to 41,420.43 and the NSE Nifty 50 fell 0.36 percent to 12,157.35. The broader markets represented by the NSE Nifty 500 Index fell 0.35 percent.
Ashok Leyland (Q3, YoY)
Aarti Industries (Q3, YoY)
Dish TV (Q3, YoY)
Natco (Q3, YoY)
Torrent Power (Q3, YoY)
PI Industries (Q3, YoY)
Sunteck Realty (Q3, YoY)
Shares of Tasty Bite Eatables extended gains for the fifth consecutive trading session. The stock rose as much as 14.6 percent to hit an all-time high at Rs 11,949.80. The company had announced its quarterly results yesterday.
Here are the key earnings highlights (Q3, YoY):
Shares of Religare Enterprises extended declines for the second consecutive trading session. The stock fell as much as 2 percent to Rs 44.
The plans to acquire remaining 14.36 percent stake in Religare Finvest from Resurgence PE Investments for Rs 47.05 crore.
Of the shares traded, 53 percent were at the ask price and 43 percent were at the bid, according to Bloomberg data.
Shares of Yes Bank halted their three-day losing streak. The stock rose as much as 5.9 percent to Rs 37.30.
The bank said it has delayed its third-quarter earnings as the private lender is reviewing non-binding expressions of interest from four investors. The bank, which had to declare December quarter results by Feb. 14, will now report earnings on or before March 14.
The Mumbai-based lender has received non-binding EoIs from JC Flowers & Co. LLC, Tilden Park Capital Management, OHA (U.K.) LLP and Silver Point Capital, according to it stock exchange filing.
The stock declined 80 percent in the past 12 months compared to a 15 percent gain in the Sensex.
Indian equities fluctuated between gains and losses in the opening trade.
The S&P BSE Sensex and the NSE Nifty 50 traded little changed at 41,533 and 12,187 respectively. The broader markets represented by the NSE Nifty 500 Index fell 0.14 percent.
The market breadth was tilted in favour of buyers. About 781 stocks advanced and 670 shares declined on National Stock Exchange.
Six out of 11 sectoral gauges compiled by NSE traded lower, led by the NSE Nifty Private Bank Index’s 0.55 percent fall. On the flipside, the NSE Nifty PSU Bank was the top sectoral gainer, up 0.9 percent.
(As Reported On Feb. 12)
Indian equities are set for a tepid start.
The S&P BSE Sensex rose 0.3 percent to 41,701 during the pre-market trade and the NSE Nifty 50 traded little changed at 12,219.80.
MSCI India Index Sectoral weightage:
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Source: Bloomberg
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