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Stock Market Today: Sensex, Nifty Fall For The Second Day, FPIs Turn Net Sellers

Stock Market Today: Sensex, Nifty Fall For The Second Day, FPIs Turn Net Sellers
NSE building in Mumbai. (Source: Vijay Sartape/BQ Prime)
2 years ago
The S&P BSE Sensex closed down 284 points, or 0.44%, at 63,591.33, while the NSE Nifty 50 was 91 points or 0.47% lower at 18,989.15.

  • Revenue down 21.8% at Rs 1020 crore vs Rs 1304 crore

  • Ebitda down 23% at Rs 118 crore vs Rs 153 crore

  • Margin at 11.5% vs 11.7%

  • Reported profit down 31.8% at Rs 58 crore vs Rs 84 crore

  • Revenue up 3.5% at Rs 1116 crore vs Rs 1078 crore

  • Ebitda up 10.2% at Rs 103.3 crore vs Rs 93.7 crore

  • Margin at 9.3% vs 8.7% up 56 bps

  • Reported profit up 29.1% at Rs 82.8 crore vs Rs 64.1 crore

  • Revenue up 11.5% at Rs 463.7 crore vs Rs 415.9 crore

  • Ebitda up 12.6% at Rs 76.5 crore vs Rs 67.9 crore

  • Margin at 16.5% vs 16.3% up 16 bps

  • Reported profit up 12.2% at Rs 57.4 crore vs Rs 51.1 crore

  • In co-lending partnership with State Bank of India.

  • Partnership to explore priority sector lending.

  • Source: Exchange Filing

The broader market indices were trading mixed; the S&P BSE MidCap Index was down 0.06%, whereas S&P BSE SmallCap Index was 0.35% higher.

Eleven out of the 20 sectors compiled by BSE declined, while nine sectors advanced. S&P BSE Realty and S&P BSE Telecommunication rose the most and S&P BSE Metal fell the most.

The market breadth was skewed in the favour of the buyers. About 1,912 stocks rose, 1,494 declined, while 166 remained unchanged on the BSE.

  • Says inspection by German health authorities at Goa facility did not find any major observations.

  • To implement minor recommendations by German authorities immediately.

  • Source: Exchange Filing

  • Revenue down 2.6% at Rs 1222 crore vs Rs 1255 crore

  • Ebitda at Rs 8.1 crore vs Ebitda loss of Rs 91.2 crore

  • Margin at 0.66%

  • Reported loss at Rs 81.39 crore vs reported profit of Rs 138 crore

The scrip fell as much as 2.07% to Rs 895.45 apiece. It pared losses to trade 0.25% lower at Rs 912.19 apiece, as of 10:27 a.m. This compares to a 0.14% decline in the NSE Nifty 50 index.

It has fallen 13.19% on a year-to-date basis. Total traded volume so far in the day stood at 1.8 times its 30-day average. The relative strength index was at 43.

23 out of the 30 analysts tracking Bharti Airtel maintain a 'buy' rating on the stock, three recommend a 'hold' and four suggest a 'sell', according to Bloomberg data. The average of 12-month price targets given by analysts implies a potential upside of 6.7%.

  • Blue Jet Healthcare lists at Rs 380 apiece on NSE vs issue price of Rs 346 at a premium of 9.8%

  • Blue Jet Healthcare lists at Rs 359.9 apiece on BSE vs issue price of Rs 346 at a premium of 4%

  • Source: Exchanges

  • 10 lakh shares changed hands in a large trade

  • 0.1% equity changed hands at Rs 323.75 apiece

  • Buyers and sellers not known immediately

  • Source: Bloomberg

The broader market indices were mixed in early trade; the S&P BSE MidCap Index was up 0.11%, whereas S&P BSE SmallCap Index was 0.17% lower.

Eight the 20 sectors compiled by BSE declined, while 12 sectors advanced. S&P BSE Realty, S&P BSE Capital Goods rose the most.

The market breadth was skewed in the favour of the buyers. About 1,482 stocks rose, 884 declined, while 105 remained unchanged on the BSE.

  • At pre-open, the S&P BSE Sensex was down 43 points, or 0.07%, at 63,831.55, while the NSE Nifty 50 was 16 points or 0.08% lower at 19,064.05.

  • Source: Bloomberg

  • The yield on the 10-year bond opened flat at 7.36% on Wednesday.

  • Source: Bloomberg

  • The local currency opened flat at 83.26 against the U.S dollar on Wednesday.

  • Source: Bloomberg

  • IOC ups commercial LPG price by Rs 102 per 19 kg cylinder in Delhi

  • IOC cuts ATF price by Rs 6,854 per kl to Rs 111,344.92 in Delhi

  • IOC keeps diesel price unchanged at Rs 89.62 per litre in Delhi

  • IOC keeps petrol price unchanged at Rs 96.72 per litre in Delhi

  • Source: Cogencis

  • Handa’s exit is due to cessation of his employment.

  • K Sheetal Venkateshmurthy to take over as head of digital channel, operations ans digital lending.

  • Alert: RBI has barred Bank of Baroda from onboarding new customers on to the BoB World app owing to discrepancies in mobile number linkages.

  • Source: Exchange notice

  • Prices reduced by 2% for ores with above 44% Mn content

  • Weak domestic, export markets weigh on Indian silico manganese prices

  • Prices raised by 2% for ores with under 44% Mn content

  • Source: Steelmint

Asia Stocks Jump, Yen Rises On FX Warning Post BOJ: Markets Wrap

Mark Mobius Says Higher-For-Longer Rates Will Split Market Into Two Categories

  • Inox Wind: Inox Wind Energy sold 3.84 crore shares (11.76%) at Rs 210 a piece, while Small Cap World Fund bought 74.51 lakh shares (2.28%) at Rs 212 a piece, ICICI Prudential Mutual Fund bought 24.07 lakh shares (0.73%), East Bridge Capital Master Fund bought 47.85 lakh shares (1.46%), and BNP Paribas bought 23.92 lakh shares (0.73%) at Rs 209 a piece.

Mumbai October Property Sales Highest In 11 Years: Knight Frank Report

L&T To Incorporate Fabless Semiconductor Chip Arm For Rs 830 Crore

Inox Wind Energy Raises Rs 800 Crore After Stake Sale In Inox Wind

Adani Ports Unit Acquires 50% Stake In Veracity Supply Chain

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