Stock Market Today: Nifty, Sensex Extend Losses To Fourth Day; Trent, Power Grid Top Losers

As 3:40 p.m. India time, the Dow Jones Industrial Average and S&P 500 futures were trading 0.26%% and 0.36% higher, respectively. The Nasdaq 100 future was trading 0.54% higher.

The rupee weakened by five paise to close at 87.48 against the US Dollar. It closed at 87.43 on Friday.

Source: Bloomberg

• The NSE Nifty 50 and BSE Sensex extended losses to the fourth day.

• The Nifty 50 and Sensex ended 0.76% and 0.7% down, respectively.

• The NSE Nifty Realty declined the most, followed by Nifty Metal and Nifty Media

• The NSE Nifty Midcap 150 ended 2.08% down.

• The NSE Nifty Smallcap 250 ended 2.13% down.

• Among sectors, Nifty Realty and Nifty Metals declined the most.

• Trent, Power Grid, Tata Steel, and Titan were the top Nifty losers.

Garware Technical Q3 Highlights (Consolidated, YoY)

• Net profit up 10.4% at Rs 47.8 crore versus Rs 43.3 crore.

• Revenue up 21.2% at Rs 351 crore versus Rs 289 crore.

• Ebitda up 20.8% at Rs 64.6 crore versus Rs 53.5 crore.

• Margin at 18.4% versus 18.5%.

Lumax Industries Q3 Highlights (Consolidated, YoY)

• Net profit up 30.8% at Rs 33.5 crore versus Rs 25.6 crore.

• Revenue up 40.4% at Rs 887 crore versus Rs 632 crore.

• Ebitda up 20% at Rs 70 crore versus Rs 58.2 crore.

• Margin at 7.9% versus 9.2%