Stock Market Today: Nifty, Sensex Rally To Recoup Half Of Monday's Losses; L&T, Infosys Top Gainers
The Nifty ended 73.30 points or 1.69% higher at 22,535.85, and the Sensex closed 1,135.68 points or 1.55% higher at 74,273.58.
KEY HIGHLIGHTS
Rupee Vs Dollar Today: Rupee Weakens Sharply Against US Dollar
Rupee weakened 41 paise to close at 86.25 against US dollar.
It ended at 85.84 a dollar on Monday.
Source: Bloomberg
Stock Market At Closing
The benchmark equity indices ended higher on Tuesday, snapping a three-day losing streak.
Nifty ends 73.30 points or 1.69% higher at 22,535.85.
Sensex ends 1,135.68 points or 1.55% higher at 74,273.58.
Nifty gained 3.08 lakh crore in market capitalisation.
All sectoral indices end higher for the day.
Nifty Media, and PSU Banks top sectoral gainers for the day.
Bank of Maharastra, and Punjab and Sind Bank top gainers in Nifty PSU Bank.
Broader market indices outperformed the benchmark indices.
Nifty Media, PSU Bank, Nifty Bank, Nifty Pharma snap two-day losing streak.
Nifty Oil and Gas, Nifty Auto, Nifty Realty, Nifty IT, and Nifty Metal snap three-day losing streak.
Stock Market Live: Transformers & Rectifiers Q4 Earnings (Cons, YoY)
Net profit of Rs 94.2 crores versus Rs 40 crore.
Revenue up 32% At Rs 676 crore versus Rs 513 crore.
Ebitda up 83.3% At Rs 131 crore versus Rs 1.6 crore.
Margin at 19.4% versus 14%.
Source: Exchange Filing
Sonata Software Share Price Update: Large Trade In Stock
Around 1 million shares of Sonata Software were traded via a block deal on Thursday. The share price of Sonata Software is trading 1.64% higher at Rs 306.05 apiece.
Info Edge Share Price Today: Stock Up Over 5%
Info Edge (India), the parent company of Naukri.com, saw its share price surge following the release of a robust business update for the fourth quarter. The company's standalone billings increased by 19% year-on-year to Rs 984 crore, as per an exchange filing.
