Stock Market Today: Nifty, Sensex Post Sharpest Weekly Decline Of This Year; Sun Pharma, BEL Drag
Nifty and Sensex extend declines to the eighth day after a volatile session. Nifty ended 0.44% lower at 22,929 and Sensex ended 0.26% lower at 75,939.
Rupee Versus Dollar: INR Appreciates
Rupee strengthened by six paise to close at 86.83 against the US Dollar. It closed at 86.896 on Thursday.
Source: Bloomberg
Nifty, Sensex End Lower
Nifty, Sensex extend declines to the eighth day after a volatile session.
Nifty ends 0.44% lower at 22,929.
Sensex ends 0.26% lower at 75,939.
Sun Pharma, Bharat Electronics, Adani Ports drag Nifty the most.
Nifty Falls 2.8% for the week, Nifty Falls 2.8% for the week.
Nifty Realty emerged as the top sectoral loser for the week, falling more than 9% for the week.
Nifty Midcap 150 falls for the 7.4% for the week.
Tata Steel To Raise Up To Rs 3,000 Crore
The board approved raising up to Rs 3,000 crore via non-convertible debtentures.
Source: Exchange filing
Samvardhana Motherson Share Price Trend Lower; Profit Rises
Samvardhana Motherson Q3 Earnings Highlights (Consolidated, YoY)
Revenue up 8% at Rs 27,666 crore versus Rs 25,644 crore.
Ebitda up 13.3% at Rs 2,686 crore versus Rs 2,370 crore.
Margin at 9.7% versus 9.2%.
Net Profit up 62% at Rs 879 crore versus Rs 542 crore.
Stock Market Live: Telecom Shares Down
The Supreme Court junked a plea by Bharti Airtel and Vodafone Idea on miscalculation of AGR dues, reported Informist.
