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MARKET LIVE: Sensex dips 100 pts, Nifty below 11,750; IndusInd Bank down 3%
Catch all the market live updates here. Tata Motors and Bharti Airtel among 37 companies set to announce quarterly results today
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MARKET LIVE | Markets | Tata Motors
SI Reporter |
Last Updated at October 27, 2020 09:36 IST
EVENT HIGHLIGHTS
(Photo credit: Kamlesh Pednekar)
The Indian markets declined in Tuesday's early deals on the back of weak global cues.
Among headline indices, the S&P BSE Sensex fell 120 points to 40,020 levels, and the Nifty50 index gave up the 11,750 level. Kotak Mahindra Bank, up 5 per cent, was the top Sensex gainer, followed by NTPC (up 4%) and Nestle India (up 2%).
The trend among Nifty sectoral indices was largely in the red, led by Nifty PSU Bank index, down 1.2 per cent.
Among headline indices, the S&P BSE Sensex fell 120 points to 40,020 levels, and the Nifty50 index gave up the 11,750 level. Kotak Mahindra Bank, up 5 per cent, was the top Sensex gainer, followed by NTPC (up 4%) and Nestle India (up 2%).
The trend among Nifty sectoral indices was largely in the red, led by Nifty PSU Bank index, down 1.2 per cent.
Results today
A total of 37 companies including Bharti Airtel, Tata Motors, and Amara Raja Batteries are scheduled to announce their September quarter earnings today.
Analysts expect Bharti Airtel's losses to shrink and revenue rise on year-on-year basis, helped by firm subscriber addition and ARPU rise in an otherwise seasonally weak quarter. Meanwhile, Tata Motors is seen reporting muted numbers in year-on-year terms, largely due to fall in JLR volume.
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