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Closing Bell: Sensex, Nifty end lower amid Indo-Pak tensions; Bharti Airtel gains 2%

At close, the Sensex was down 68.28 points at 35905.43, while Nifty was down 28.60 points at 10806.70.

Feb 27, 03:36 PM (IST)
Market at close: Benchmark indices ended lower as they remained volatile throughout the day amid tension on LoC.

At close, the Sensex was down 68.28 points at 35905.43, while Nifty was down 28.60 points at 10806.70. About 1141 shares have advanced, 1359 shares declined, and 170 shares are unchanged.

Bajaj Auto, Sun Pharma, Bharti Airtel, L&T, TCS, UltraTech Cement and UPL were among top gainers on the indices, while losers were Tata Motors, Vedanta, Kotak Mahindra Bank, HUL, NTPC, Bharti Infratel, Wipro and Titan Company.

Among sectors, selling was seen in the IT, metal, FMCG and bank space, while buying seen in the auto, infra and pharma space.

Feb 27, 02:33 PM (IST)
Rain Industries Q3 result: Company reported Q3 net loss at Rs 139.1 crore against profit of Rs 307.2 crore. Revenue was up 9.5% at Rs 3,444 crore versus Rs 3,146 crore, YoY.

Feb 27, 02:13 PM (IST)
Brigade Enterprises signs MoU: The company has signed aa MoU with Technopark, government of Kerala for developing World Trade Center, Thiruvanthapuram.

Feb 27, 01:41 PM (IST)
HG Infra bags order: Company has bagged an EPC order worth Rs 189.49 crore from Megawide Construction DMCC for Flexible & Rigid Pavement (Runway, Taxiway & Apron) at Greenfield International Airport at MOPA, GOA.

Feb 27, 01:26 PM (IST)
IAF Jet Damage

There are no reports of any Indian Air Force (IAF) jet suffering damage in action by India’s adversaries, PTI said quoting defence sources.

They added that they were verifying reports that an F16 Pakistani jet had crashed in Lam Valley across the Line of Control.

Earlier in the day, Pakistan claimed it shot down two Indian military aircraft over Pakistani air space and arrested at least one of the pilots.

Military spokesperson Major General Asif Ghafoor claimed in a tweet that one of the aircraft crashed in Pakistan occupied Kashmir while the other fell in Jammu and Kashmir.

source: moneycontrol.com

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