Stock Market Today: Nifty, Sensex Extend Gains To Second Day As L&T, Airtel Shares Lead
That's all for NDTV Profit's live market coverage on July 30. Thank you!
KEY HIGHLIGHTS
Rupee Closes At Five-Month Low Against US Dollar
'Perfect Goldilocks Environment': D-Street Expert Eyes Nifty 50's Fresh High By 2026—Here's Why
Sona BLW Sends Cease And Desist Letter To Rani Kapur Over Defamation Allegations
Q1 Earnings Impact: L&T Jumps Most In Two Months, Gallant Ispat & Allied Blenders Hit Record High
L&T Shares Surge Most In Over Two Months After Q1 Profit Beats Estimates
Market At Close: Nifty, Sensex Rise For Second Session
Benchmark Indices slightly outperform Broader Market Indices
Nifty reclaims 24,800 mark and ends higher.
Benchmark Indices extended gains for the 2nd straight session
L&T and NTPC are the top gainers in Nifty.
Nifty IT emerges as the Top gaining sector for the day, led by Coforge and LTIMindtree.
Nifty Midcap 150 gains slightly led by The New India Assurance and Coromandel International.
The New India Assurance jumps over 18% after its post Q1 results
Nifty Realty emerges as the top losing sector, lose nearly 1% intraday.
Brigade Enterprises and DLF are the top losers in Nifty Realty.
Nifty IT extended gains for the 2nd consecutive day.
Nifty FMCG extended gains for the 3rd straight day.
Nifty Pharma extended gains for the 6th day in a row.
Mahindra and Mahindra gains nearly 1% ahead of its Q1 Results.
Rupee Closes At Five-Month Low Against US Dollar
Rupee closed 61 paise weaker at 87.43 against US Dollar
It's the lowest close since Feb 28
It closed at 86.82 a dollar on Tuesday
Source: Cogencis
Stock Market Live Update: Power Grid Share Price Falls Sharply Post Q1 Results
Power Grid Q1 Highlights (Consolidated, YoY)
Revenue up 1.7% to Rs 11,196.20 crore versus Rs 11,006.10 crore.
Ebitda down 4.7% to Rs 9,146.60 crore versus Rs 9,602.30 crore.
Margin at 81.7% versus 87.2%.
Net profit down 2.5% to Rs 3,630.50 crore versus Rs 3,723.90 crore.
Stock Market Live Update BASF Falls Sharply After Net Profit Declines
BASF India Q1 Highlights (Consolidated, YoY)
Net Profit down 37.7% at Rs 137 crore versus Rs 221 crore.
Revenue down 2.3% at Rs 3,874 crore versus Rs 3,967 crore.
EBITDA down 31.5% at Rs 214 crore versus Rs 312 crore.
Margin at 5.5% versus 7.9%.
Q1 Results Update: KPIT Tech Profit Declines
KPIT Tech Q1 Highlights (Consolidated, QoQ)
Revenue up 0.7% to Rs 1,539 crore versus Rs 1,528 crore.
EBIT down 10.6% to Rs 237 crore versus Rs 265 crore.
EBIT Margin at 15.4% versus 17.3%.
Net Profit down 29.8% to Rs 172 crore versus Rs 245 crore.
