MARKET WRAP: Sensex slips 149 pts in volatile trade; mid, small-caps shine

All that happened in the markets today

3:43 PM

SECTOR WATCH | Nifty Metal gains 0.7%

3:42 PM

MARKET AT CLOSE | Gainers and losers on the S&P BSE Sensex

3:36 PM

CLOSING BELL

The S&P BSE Sensex traded 149 points, or 0.37 per cent lower at 40,558 levels while NSE's Nifty ended at 11,896, up 41 points, or 0.35 per cent. 

3:28 PM

MARKET CHECK | India Vix slips over 1% to 22.6 levels

3:25 PM

MARKET CHECK

3:21 PM

Chennai Petroleum freezes in 20% upper circuit on healthy Q2 results

Shares of Chennai Petroleum Corporation were locked in the 20 per cent upper circuit band at Rs 81.35 on the BSE on Thursday after it reported a consolidated net profit of Rs 291 crore for September quarter (Q2FY21). The company, engaged in petroleum sector, had posted a loss of Rs 213 crore in Q2FY20. READ MORE

3:15 PM

MRF, CEAT, JK Tyre: Should you bet on tyre stocks? Here's what charts say

Tyre stocks were in a roll in an otherwise weak market on Thursday. While CEAT traded around 1 per cent higher, Goodyear India was up nearly 0.5 per cent. JK Tyre, on the other hand, was ruling around 8 per cent higher after the company reported a strong operational performance for the quarter ended September 30. READ MORE  

3:08 PM

Rakesh Jhunjhunwala rejigs portfolio in Q2; ups stake in Lupin, Tata Motors

Stocks of pharmaceutical and fast moving consumer goods (FMCG) companies found favour with ace investor Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala in the July – September 2020 quarter of the current fiscal (Q2FY21). The duo bought additional shares in pharmaceutical companies Lupin and Jubilant Life Sciences, along with Agro Tech Foods and NCC during Q2FY21, as per shareholding pattern filed by 28 companies till October 21, 2020. READ MORE

2:58 PM

Sept Quarter Result | SBI Card's profit declines 46% YoY to Rs 206 cr

>> Revenue increases to Rs 2,413 crore

2:53 PM

Sept Quarter Result | Asian Paints report consolidated net profit at Rs 851.9 crore

>> Revenue from ops stood at Rs 5,350 crore

2:46 PM

Infosys, HDFC Bank, and ICICI Bank contribute the most to Sensex's 300-point fall

2:29 PM

Heatmap: S&P BSE Sensex gainers and losers at this hour

2:18 PM

Stocks that hit 52-week high on BSE in an otherwise subdued session today

COMPANY	PRICE(rs)	52 WK HIGH	CHG(%)
ACC	1625.50	1633.55	0.29
AMBUJA CEMENTS	252.05	255.45	-0.53
CERA SANITARY.	2786.00	2825.00	5.51
HAVELLS INDIA	719.60	722.50	1.10
JSW STEEL	324.45	326.25	0.50

2:09 PM

Rupee Closing

Rupee ends at 73.53 per US dollar vs Wednesday's close of 73.58/$

2:01 PM

Vedanta gains 6% as board to consider interim dividend on Saturday

Shares of Vedanta moved higher by 6 per cent at Rs 107.75 on the BSE in intra-day trade on Thursday after the company said the board of directors is scheduled to meet on Saturday, October 24, 2020, to consider the first interim dividend. "The board of directors of the Company on Saturday, October 24, 2020, will consider and approve first interim dividend on equity shares, if any, for the financial year 2020-21 (FY21)," Vedanta said in an exchange filing. READ HERE

1:51 PM

NEWS ALERT :: Govt decides to make graded relaxation in visa & travel restrictions

>> Govt to permit all OCI & PIO card holders and all other foreign nationals intending to visit India for any purpose, except on a Tourist Visa to enter by air or water routes through authorised airports and seaport immigration check posts

1:42 PM

IPO ALERT :: Equitas Small Fin Bank IPO subscribed 1.7x till 1:30 pm on Day 3

1:36 PM

ALERT :: S&P BSE SmallCap index up 0.22%

1:27 PM

Bajaj Auto Q2 PAT dips 27% YoY at Rs 1,194 crore; margin expands

Two-wheeler major Bajaj Auto on Thursday reported consolidated net profit of Rs 1,193.7 crore for the July-September quarter of FY21 (Q2FY21), down 27.5 per cent, from a profit of Rs 1,523 crore in the year-ago period. Sequentially, however, the profit surged 202 per cent from Rs 395.51 crore posted in the June quarter of FY21. READ MORE

1:17 PM

Bharti Airtel up over 2%

1:17 PM

Colgate Palmolive: Weak macros, competition from HUL key overhang on stock

Analysts believe the company needs to "adopt more aggressive strategy to accelerate growth in segments like handwash and sanitizers to be able to compete with firms like Hindustan Unilever and Dabur READ MORE

1:07 PM

Sept Quarter Result | Bajaj Auto

>> Net profit at Rs 1,138 crroe

>> Revenue at Rs 7,156 crore

>> EBITDA at Rs 1,266 crore

12:56 PM

SEPTEMBER QUARTER RESULTS | Sterlite Tech cons revenue up 32% QoQ at Rs 1,160 crore

-- Consolidated net profit at Rs 58 cr vs Rs 6 cr QoQ

 

-- Consolidated Ebitda margin at 18% vs 15% (QoQ)

12:51 PM

Q2 RESULTS | UCO Bank Q2 net profit at Rs 30.1 crore vs loss of Rs 892 cr (YoY)

-- Net NPA at 3.63 per cent vs 4.95 per cent (QoQ)

 

-- Gross NPA at 11.62 per cent 

 

 

12:37 PM

MARKET UPDATE:: Sensex at day's low

12:36 PM

FPIs prune exposure in tobacco stocks over high taxes, greater ESG focus

According to the shareholding pattern filed with the exchanges for the quarter ending September, FPI holding in ITC stood at 12.96 per cent (down by 2.68 per cent year-on-year), in Godfrey Phillips, it was at 10.80 per cent (down 1.59 per cent) and in VST Industries at 3.57 per cent (down by 4.27 per cent) READ MORE

12:28 PM

Indian economy set for a near double-digit contraction this fiscal: Poll

The Indian economy will suffer its deepest contraction on record this fiscal year and recent government stimulus does not go far enough to significantly boost activity depressed by the coronavirus pandemic, according to economists polled by Reuters. With over 7.6 million coronavirus infections, India is the second worst hit country in the world after the United States and the spread shows no signs of abating. READ MORE

12:18 PM

NEWS ALERT | IOC board to mull, on Oct 30, raising up to Rs 20,000 cr in FY21 via bonds/debentures: Exchange filing

12:10 PM

NEWS ALERT | Ashok Leyland launches Boss LE and LS trucks with i-Gen6 BS-VI technology

12:05 PM

NEWS ALERT | Dr Reddy's issues clarification after a cyber attack this morning, says it is anticipating all services to be up within 24 hours

-- The company does not foresee any major impact on operations due to the incident