- Varun Beverages extends fall, slips 7% on weak volume growth in March qtr
- YES Bank logs Rs 2,629 cr net profit in Q4 on one-time gain; stk jumps 20%
- HCL Tech Q4 net up 22.8% yoy at Rs 3,154 crore; announces dividend of Rs 2
- Hindustan Unilever falls 5% as GSK sells stake in open market deal
- Stocks to watch: HUL, Maruti, YES Bank, HCL Tech, RBL Bank, Cyient
- MARKET LIVE: Sensex dips 150 pts, trades below 31,500; FMCG stocks decline
- Market Ahead, May 7: Top factors that could guide markets today
- Rating disruption due to moratorium will pinch markets: Raters to Sebi
- World shares mixed amid hopes for business pickup, weak economic data
- Sebi asks 8 entities to make open offer to Kanchan Int'l shareholders
MARKET LIVE: Sensex dips 200 pts, trades below 31,500; FMCG stocks decline
Catch all the live market updates here
Topics
MARKET LIVE | Markets | Hindustan Unilever
SI Reporter |
Last Updated at May 7, 2020 11:53 IST
EVENT HIGHLIGHTS
(Photo: Kamlesh Pednekar)
The Indian markets were trading half a per cent lower, dragged down primarily by FMCG stocks, on Thursday.
The S&P BSE Sensex slipped 220 points to 31,470 levels and the Nifty50 hovered around 9,210 level. Among individual stocks, YES Bank surged 20 per cent after reporting net profit of Rs 2,629 in the March quarter. HCL Tech also gained 3 per cent after reporting its Q4 numbers.
Hindustan Unilever slipped 5 per cent in early deals after the company's 4.23 per cent equity changed hands in block deal. As per report, UK-based GSK was to offload shares worth Rs 26,000 crore in the FMGC major. READ MORE
The S&P BSE Sensex slipped 220 points to 31,470 levels and the Nifty50 hovered around 9,210 level. Among individual stocks, YES Bank surged 20 per cent after reporting net profit of Rs 2,629 in the March quarter. HCL Tech also gained 3 per cent after reporting its Q4 numbers.
Hindustan Unilever slipped 5 per cent in early deals after the company's 4.23 per cent equity changed hands in block deal. As per report, UK-based GSK was to offload shares worth Rs 26,000 crore in the FMGC major. READ MORE
Nifty sectoral trends were mixed. Nifty FMCG index, down 1.5 per cent, bled the most.
The broader indices fared better than their benchmark peers. The S&P BSE MidCap and SmallCap indexes were both up 0.2 per cent.
RESULTS TODAY
A total of nine companies including RBL Bank are scheduled to announce their March quarter earnings today.
CATCH ALL THE LIVE UPDATES
Auto Refresh
Load More
Copyrights © 2020 Business Standard Pvt Ltd. All rights reserved.