Business Standard

Sensex gains slightly, Cipla surges, Coal India falls

SENSEX-NIFTY-CIPLA-COAL-INDIA:Sensex gains slightly Cipla surges, Coal India falls

Related News

The and gained slightly to extend a winning streak to a fourth day, as surged after posting a jump in earnings, but slumped after its fuel supply agreements with utilities sparked concerns about its margins.

Drug maker Cipla rallied 4.5 percent, having earlier hit its highest since January 2011, after posting a much better-than-expected net profit in the April-June quarter.

Coal India fell 2.6 percent after its agreement to supply at least 80 percent of the coal needed to fuel new power projects was seen exposing the miner to risks to its margins.

The 30-share BSE Sensex provisionally rose 0.02 percent to 17,239.06 points.

The 50-share Nifty provisionally gained 0.22 percent to end at 5,240.50 points.

 

Read more on:   
|
|
|
|
|

Read More

Sebi imposes fine on three persons for lack of disclosure

Pursuant to this purchase, their total holding rose to 11.2% in the company, crossing a threshold limit of 10% to attract the provisions of Sebi's ...

Quick Links

 

Market News

Maruti Suzuki India, Axis Bank joins Rs 1-lakh-cr market-cap club

Axis Bank hits a record high of Rs 440, while Maruti Suzuki touched a new high of Rs 3,349 in intra-day deals on BSE.

Marksans Pharma surges on strong Q2 results

The stock rallied 6% to Rs 64 on NSE after reporting 56% yoy growth in net profit at Rs 31 crore in September quarter.

Markets continue winning streak; Sensex up 400 points

The 30-share Sensex is up 412 points at 27,758 and the 50-share Nifty has gained 119 points to trade at 8,288.

Copper down 0.2% on weak global cues

Metal for delivery in November shed 0.14%

Silver down 0.6% on weak global trend

Weak trend trend overseas, eroding demand for the precious metals, pulled down silver prices

Back to Top