Stock Market Today: Sensex, Nifty End Week On A High Note; FPIs Stay Net Sellers
- Author: Rishabh Mishra
- Markets
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Oct 06, 2023 21:51 pm IST
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Published On Oct 06, 2023 21:51 pm IST
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Last Updated On Oct 06, 2023 21:51 pm IST
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Q2 operating profit to grow in line with revenue.
Q2 operating profit to remain steady on year.
See Q2 gross margin expansion higher than Q1.
Q2 consolidated revenue growth in mid to high single digit.
Source: Exchange Filing
Approves extension of back-stopping support for CCDs of Rs 5,615 crore issued by ONGC Petro additions.
Approves providing letter of comfort for raising additional debt by its JV ONGC Petro additions of up to Rs 5,400 crore.
Alert: ONGC holds 49.36% equity in OPaL, GAIL holds 49.21% and Gujarat State Petroleum Corp. holds 1.43%.
Source: Exchange Filing
The broader market indices were trading higher; the S&P BSE MidCap Index was up 0.36%, whereas S&P BSE SmallCap Index was also 0.33% higher.
Seventeen out of the 20 sectors compiled by BSE advanced, while three declined. S&P BSE Realty, S&P BSE Information Technology gained the most.
The market breadth was skewed in the favour of the buyers. About 2,142 stocks rose, 1,319 declined, while 158 remained unchanged on the BSE.
The broader market indices opened higher; the S&P BSE MidCap Index was up 0.38%, whereas S&P BSE SmallCap Index was also 0.27% higher.
Eighteen out of the 20 sectors compiled by BSE advanced, while two declined. S&P BSE Metal, S&P BSE Realty gained the most.
The market breadth was skewed in the favour of the buyers. About 1,734 stocks rose, 729 declined, while 100 remained unchanged on the BSE.
At pre-open, the S&P BSE Sensex was up 236 points, or 0.36%, at 65,867.54 while the NSE Nifty 50 was 75 points or 0.39% higher at 19,621.20.
Source: Bloomberg
The yield on the 10-year bond opened flat at 7.21% on Friday.
Source: Bloomberg
The local currency strengthened about 5 paise to open at 83.21 against the U.S dollar on Friday.
It closed at 83.26 on Thursday.
Source: Bloomberg
1.14 crore shares changed hands in a large trade.
2.5% equity changed hands at Rs 762.80 apiece.
Buyers and sellers not known immediately.
Source: Bloomberg
Department of Telecommunication disposed off company's objections on fee demand of Rs 3,273 crore.
Review petition filed by company to Supreme Court is pending.
Alert: Department of Telecommunication had previously demanded license fee of Rs 1,749 crore for FY16 and Rs 1,524 for FY17.
Source: Exchange filing
Festive season delay has a base impact on Q2 growth.
Sees Q2 consolidated revenue growing in early twenties year-on-year.
BPC business NSV for the quarter is expected to grow around 20% year-on-year.
Nykaa Fashion has witnessed strong momentum in Q2.
Fashion NSV for the quarter is expected to grow in early thirties year-on-year.
Source: Exchange Filing
Consolidated revenue growth of about 27% year-on-year.
India operations' revenue growth of about 32% year-on-year.
Source: Exchange filing
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