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MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

State Bank of India rose 3.8 per cent to Rs 296.10 after the country's largest PSU bank reported a net profit of Rs 944.87 crores in the September quarter

Topics
Market Wrap  |  Sensex  |  Nifty

SI Reporter  |  New Delhi 

The benchmark indices settled slightly lower on Monday tracking the weakness in rupee and the Asian markets.  The S&P BSE Sensex ended at 34,951, down 61 points (-0.17 per cent), while the broader Nifty50 index settled at 10,524, down 29 points (-0.27 per cent). The rupee traded on a weak note slipping to 73.11 against the US dollar in intra-day trade on Monday, down from its Friday's close of 72.43 per dollar. Amid stock specific action, Axis Bank settled 2 per cent higher at Rs 623.10 on the National Stock Exchange (NSE) after the private sector lender ...

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MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

SBI ends 3.77% up post declaration of Q2 results

MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

Sectoral performers on NSE

MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

BSE Sensex gainers and losers of the day

MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

Market at close The S&P BSE Sensex ended at 34,951, down 61 points (-0.17 per cent), while the broader Nifty50 index settled at 10,524, down 29 points (-0.27 per cent).

MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

Stock Impact: SBI gains 4% after posting Q2 net profit at Rs 944.87 crores vs loss of 4875.85 crores in June quarter

MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

NEWS ALERT SBI's Net Profit comes in at Rs 944.9 crores

MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

NEWS ALERT IGL reports Q2 net profit at Rs 187.28 crores vs Rs 168.87 crores year-ago

MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

Cipla records sharpest fall in one year post Q2 results; stock down 8%   Shares of Cipla dipped 8% to Rs 558 on the BSE after the pharmaceutical company posted an 11% decline in its consolidated net profit at Rs 3.77 billion for the September quarter (Q2FY19). It had reported a profit of Rs 4.23 billion in the year-ago quarter. The stock recorded its sharpest intra-day fall in since November 7, 2017. Read more

MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

Devangshu Datta Vital to maintain GST numbers   Car sales are a good indicator of economic health. Buying a vehicle is a big-ticket expense. The auto industry has a very long value-chain. Automobile manufacturing drives demand for primary metal miners, plastics, electronics, forgings, cables, rubber, etc. Since manufacturers are basically assemblers, there is a large ecosystem of OEM suppliers. Read more 

MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

KEI Industries up 25% in three days on healthy Q2 results Shares of KEI Industries have moved higher by 6% to Rs 384 per share, surging 25% in past three trading days, after the company reported a healthy 45% growth in net profit at Rs 414 million in September quarter (Q2FY19). It had a profit of Rs 285 million in the year-ago quarter.   The company’s net sales during the quarter under review grew 33% at Rs 9.97 billion, against Rs 7.49 billion in the corresponding quarter of previous fiscal. EBITDA (earnings before interest, tax, depreciation and amortization) margin was stable at 10.2%. READ MORE

MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

NEWS ALERT GAIL reports better-than-expected September quarter result; natural gas EBIT rises 27.3% at Rs 894 cr Vs Rs 703 cr (QoQ)

First Published: Mon, November 05 2018. 08:10 IST
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MARKET WRAP: Sensex dips 61 pts, Nifty at 10,524; SBI up 4% post Q2 result

State Bank of India rose 3.8 per cent to Rs 296.10 after the country's largest PSU bank reported a net profit of Rs 944.87 crores in the September quarter

The benchmark indices settled slightly lower on Monday tracking the weakness in rupee and the Asian markets.  The S&P BSE Sensex ended at 34,951, down 61 points (-0.17 per cent), while the broader Nifty50 index settled at 10,524, down 29 points (-0.27 per cent). The rupee traded on a weak note slipping to 73.11 against the US dollar in intra-day trade on Monday, down from its Friday's close of 72.43 per dollar. Amid stock specific action, Axis Bank settled 2 per cent higher at Rs 623.10 on the National Stock Exchange (NSE) after the private sector lender ...

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