Sensex, Nifty Snap 3-Day Losing Streak To Log Biggest Single Day Gain In 5 Weeks
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Closing Bell
Indian equity benchmarks logged the biggest single day gain in five weeks and snapped the three-day losing streak, aided by gains in banking, information technology, metal, realty and telecom stocks.
The S&P BSE Sensex index rose 1.40% to 60,138.46. The NSE Nifty 50 Index advanced by similar magnitude to 17,929.65. Infosys Ltd. contributed the most to the index gain, increasing 1.9%. IndusInd Bank Ltd. had the largest increase, rising 7.8%. Today, 46 of 50 shares rose, while 4 fell.
The broader indexes outperformed their larger peers with the S&P BSE MidCap index adding 1.75% and the S&P BSE SmallCap index gaining over 1%. All the 19 sectoral indexes compiled by BSE Ltd. advanced, with the S&P BSE Realty, S&P BSE Metal and S&P BSE Telecom index rising over 3%.
The market breadth was skewed in favour of bulls. About 2,171 stocks advanced, 1,137 declined and 193 remained unchanged.
NSE Nifty Bank Up Nearly 2%
NSE Nifty IT Index Up Nearly 2.5%; Mindtree Leads Advance
HDFC Climbs Over 3.6% After Q2 Net Income Beats Estimate
Shares of Housing Development Finance Corp Ltd. rose over 3.6% in intraday trade to Rs 2,947.9 apiece after the company reported net income for the second quarter above average analyst estimate
September Quarter Results
Net profit rose 32% YoY to Rs 3,780 crore vs estimate of Rs 3,704.5 crore (Bloomberg Consensus)
Dividend income at Rs 1,171 crore, more than 200% higher than Rs 323 crore YoY.
Interest income fell 2.3% YoY to Rs 10,579 crore.
Gross NPA at 2% vs 2.24% QoQ
Of the 39 analysts tracking the company, 36 maintained 'buy' and three maintained 'hold' recommendations. The overall consensus price of analysts tracked by Bloomberg implied an upside of 4%.
Sensex, Nifty At Day's High
Capital Small Finance Bank Files DRHP To Raise Funds Through IPO
Mahindra & Mahindra’s Overall Auto Sales Rise 49% In October
Mindtree Launches Digital Health Passport For Travel To Assist Global Travelers
Thermax Announces Expansion Of Solar Business, Appoints New CEO For Solar Subsidiary
Gross GST Revenue Collected In October At Rs 1,30,127 Crore
Sensex, Nifty Up 1%; IndusInd Bank, Bharti Airtel Advance
Analyst Action: Lupin, Shree Cement, Escorts
IRCTC Reports Sequential Growth In Net Income & Revenue In Q2
Monthly UPI Transactions Hit Rs 7.7 Lakh Crore In October
Whirlpool India Q2 Net Income Misses Estimates
Tata Motors’ Domestic Passenger Vehicle Sales Rise 32% In October
Mid-Day Market Update: Sensex, Nifty Edge Higher; Infosys Leads Advance
European Markets Off To A Mixed Start As Investors Digest Key Earnings
Maruti Suzuki's Total Sales Rise 60% In October
Analyst Action: Coromandel, Shree Cement, Embassy REIT
Ashok Leyland Sales Rise 16.2% In October
Steel Strips Wheels Records 71% YoY Growth In Net Turnover In October
Bank of Baroda Approves Up To Rs 3,000 Crore Bonds Issue Plan
Realty Stocks Advance; S&P BSE Realty Index Up Over 3.5%
Fino Payments Bank IPO Subscription Live Updates: Day 2
Nykaa IPO Subscription Live Updates: Day 3
Rupee Bonds Slightly Up In Holiday-Thinned Week
VECV Sales Fall 4.36% In October
PolicyBazaar IPO Live Subscription Updates: Day 1
SJS Enterprises IPO Subscription Live Updates: Day 1
Analyst Action: Dr. Reddy's, Cadila Health, DCB Bank
TCS Expands Partnership With Celcom Axiate To Transform Business Support Systems
Dr. Reddy's Advances As Brokerages Raise Estimates After Q2 Beat
India Yields Mostly Lower
Shilpa Medicare Gets Nod To Conduct Phase 1 Human Trials On Its Recombinant Human Albumin; Shares Advance
Analyst Action: Bharat Electronics, Bajaj Finserv, NTPC
October Manufacturing PMI Rises To Highest In Eight Months
Capital Small Finance Bank Seeks SEBI's Nod For India IPO
Sun Pharma Announces Availability Of Winlevi Cream In The U.S.
S&P BSE Telecom Index Up Over 2%
Bandhan Bank Slips After Reporting Net Loss In Q2
NSE Nifty Metal Index Up Nearly 2.5%
Bajaj Auto Total Sales Rise 9.35% In October
Escorts Total Sales Rise 53.28% In October
SAIL Jumps On Q2 Beat; JPMorgan Upgrades Stock To 'Overweight'
Opening Bell: Sensex, Nifty Open Higher; Metals, I.T. Stocks Advance
Oberoi Realty Achieves Gross Bookings Worth Rs 787 Crore During Launch Of New Project In Mumbai
JSW Steel's U.S. Subsidiary Begins Phase II Upgrade Of Texas Facility
Analyst Action: Bajaj Finserv, UPL, DLF
Analyst Action: Bajaj Finserv, Cummins India, Sudarshan Chemical
SGX Nifty Hints At Opening Gains; Bandhan Bank, BPCL, Indian Oil In Focus
Key Highlights
- Gross GST Revenue Collected In October At Rs 1,30,127 Crore
- Nykaa IPO Subscription Live Updates: Day 3
- Bandhan Bank Slips After Reporting Net Loss In Q2
- SAIL Jumps On Q2 Beat; JPMorgan Upgrades Stock To 'Overweight'
- Oberoi Realty Achieves Gross Bookings Worth Rs 787 Crore During Launch Of New Project In Mumbai