Closing Bell: Sensex ends 134 points lower, Nifty below 10,950; Sun Pharma, Wipro major gainers
- 22.01.2019
- Indian Stock Market
- 0
Among the sector, metal stocks remained under pressure as they ended 2 percent lower, while some buying was witnessed in pharma index led by Sun Pharma, Piramal Enterprises and Aurobindo Pharma.
Jan 22, 03:35 PM (IST)
Market at Close It’s a negative end for the market, but off the low points as bulls put up a strong fight in the last hour. Shares broke their five-day gaining streak as the Nifty finished below 10,950, while Sensex ended 134 points lower.
Sun Pharma, Kotak Mahindra Bank, Hero Motocorp, Bajaj Finance and Yes Bank are among major gainers on the Sensex, while top losers are Vedanta, Tata Steel, M&M, Maruti Suzuki and Bharti Airtel.
Among the sector, metal stocks remained under pressure as they ended 2 percent lower, while some buying was witnessed in pharma index led by Sun Pharma, Piramal Enterprises and Aurobindo Pharma.
Jan 22, 03:24 PM (IST)
Rane Madras Q3 result: The company posted net loss at Rs 0.7 crore against profit of Rs 7.5 crore. Revenue was up 6.4 percent at RS 387.2 crore versus Rs 364 crore, YoY.
Jan 22, 03:01 PM (IST)
Reliance Nippon Life declares dividend: The board has also declared an interim dividend of Rs 3 per equity share and has fixed the record date as February 01, 2019.
Jan 22, 02:42 PM (IST)
Asian Paints Q3 result: The company has reported a good growth in consolidated earnings for the quarter ended December 2018 with robust revenue and operational income, but margin performance was subdued due to higher raw material cost.
The bottomline increased by 14 percent year-on-year to Rs 647 crore, driven by strong topline and operational growth in Q3.
Jan 22, 02:25 PM (IST)
Result reaction: Shares of Alembic Pharmaceuticals added 3.5 percent after company posted robust numbers for the quarter ended December 2018.
The company’s consolidated Q3 net profit was up 30.4 percent at Rs 169.8 crore against Rs 130.6 crore in a year ago period.
source: moneycontrol.com
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