Sensex ends 100 pts higher, Nifty above 10,200 ahead of Infosys results
All that happened in the market today
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Benchmark indices ended higher with Nifty50 trading above the 10,200- mark and Sensex up over 100 points ahead of October F&O expiry and Infosys results.
Infosys, the country's second-largest software services firm, is scheduled to report its September quarter numbers today post market hours. Analysts, at large, believe that more than the Q2 numbers, the management commentary will remain in focus as an update on the company's strategic preferences is crucial at this juncture.
The quarter holds significance as this will be the first result announcement after co-founder Nandan Nilekani took charge as the company's new non-executive chairman after the sudden resignation of then CEO Vishal Sikka and the exit of four board members, including then chairman R Seshasayee.
The global giant is also likely to name its next chief executive officer today. Finding a CEO was among the key tasks taken up by co-founder and Chairman Nandan Nilekani when he took charge in August.
Globally, Asian shares held within striking distance of recent decade highs on Tuesday even as Wall Street fell from record levels, while currencies kept to narrow ranges ahead of key economic events.
3:41 PM
Top Sensex gainers and losers
Source: BSE
3:35 PM
Broader Markets
In broader markets, BSE Midcap index gained 0.2% and BSE Smallcap index was up 0.5%
In broader markets, BSE Midcap index gained 0.2% and BSE Smallcap index was up 0.5%
3:33 PM
Markets at close
The benchmark indices settled the day higher ahead of Infosys earnings and October F&O expiry with Nifty50 ending above 10,200.
The S&P BSE Sensex ended at 32,607, up 100 points and the broader Nifty50 ended at 10,207, up 22 points
The benchmark indices settled the day higher ahead of Infosys earnings and October F&O expiry with Nifty50 ending above 10,200.
The S&P BSE Sensex ended at 32,607, up 100 points and the broader Nifty50 ended at 10,207, up 22 points
3:19 PM
BUZZING STOCK
Panacea Biotec surged 15% to Rs 276, also its 52-week high on the BSE, after the company announced the launch of Prasugrel tablets in US market.
Panacea Biotec surged 15% to Rs 276, also its 52-week high on the BSE, after the company announced the launch of Prasugrel tablets in US market.
The company said that its first-to-file Abbreviated. New Drug Application (ANDA) of Prasugrel 5mg and 10mg tablets have been approved by the United States Food & Drug Administration (USFDA).
3:07 PM
Asian Paints Q2
Consolidated PAT at Rs 578 crore
Consolidated revenue at Rs 4,274 crore
Earnings Impact
Earnings Impact
3:00 PM
Market Check at 3
| Index | Current | Pt. Change | % Change |
| S&P BSE SENSEX | 32,602.86 | +96.14 | +0.30 |
| S&P BSE SENSEX 50 | 10,591.47 | +28.10 | +0.27 |
| S&P BSE SENSEX Next 50 | 34,948.31 | +17.61 | +0.05 |
| S&P BSE 100 | 10,609.88 | +24.44 | +0.23 |
| S&P BSE MidCap | 16,178.07 | +30.10 | +0.19 |
2:50 PM
Buzzing Stock
Automotive Stampings & Assemblies fell 2.75% to Rs 86.70 at 13:58 IST on BSE after the company reported net loss of Rs 14.24 crore in Q2 September 2017, higher than net loss of Rs 4.44 crore in Q2 September 2016.
Automotive Stampings & Assemblies fell 2.75% to Rs 86.70 at 13:58 IST on BSE after the company reported net loss of Rs 14.24 crore in Q2 September 2017, higher than net loss of Rs 4.44 crore in Q2 September 2016.
2:36 PM
Top Sensex gainers and losers
Source: BSE
2:17 PM
IT sector falls before Infosys results
Source: NSE
2:04 PM
Listing
State-owned General Insurance Corporation of India will make stock market debut tomorrow after having concluded the Rs 11,370-crore initial public offer (IPO).
GIC Re's IPO was oversubscribed 1.38 times during October 11-13.
The reinsurance company had fixed the price band at Rs 855-912 for its IPO.
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First Published: Oct 24 2017 | 3:30 PM IST