Page 639 - Si Reporter

F&O Expiry: Sensex sinks 536 pts; broader mkts outperform; bank stocks up

In the broader market, the S&P BSE MidCap index ended 0.4 per cen lower while the smallcap counterpart closed down 0.45 per cent.

Astral Poly Technik gains 5% in weak market as firm to consider bonus issue

The company's board of directors is scheduled to meet on February 3, 2021, to consider proposal for issue of bonus equity shares

Stocks to watch: Axis Bank, HUL, Maruti Suzuki, IndiGo, PVR, ABFRL, Nalco

Aditya Birla Fashion and Retail (ABFRL) has announced a strategic partnership with designer brand Sabyasachi

Indices turn negative for 2021 as Sensex tanks 938 pts, Nifty gives up 14k

All that happened in the markets today

Rane (Madras) advances 15% on strong December quarter results

In Q3FY21, the company reported a net profit of Rs 5.50 crore against a net loss of Rs 7.2 crore in year-ago quarter

Route Mobile hits new high as FPIs increase stake; zooms 100% since listing

In the December quarter, FPIs increased stake in the company by 540 basis points to 15.74% from 10.34% at the end of September quarter

TVS Motor hits fresh 52-week high ahead of Q3 results on Thursday

In the past three months, stock of the two-wheeler company outperformed the market by surging 28 per cent, after it reported healthy operational performance in the July-September quarter of FY21

Reliance Industries extends fall post Q3 nos; stock dips 10% in three days

RIL lost over Rs 1-trillion market capitalisation in the past three trading days

IT shares trade firm in a weak market; Cyient hits 52-week high, LTTS up 9%

Tata Elxsi, Larsen & Toubro Infotech, Wipro, Cigniti Technologies, Ramco Systems and Tech Mahindra were up in the range of 2 per cent to 6 per cent

Auto stks dip on profit booking as govt proposes green tax for old vehicles

Ashok Leyland, Bharat Forge and Tata Motors from the auto index were down in the range of 3 per cent to 4 per cent.

L&T gains 2% post December quarter results; analysts see further upside

During Q3FY21, L&T's standalone adjusted net profit came in at Rs 1,705 crore against Rs 1,261 crore in Q3FY20

Stocks to watch: Axis Bank, HUL, L&T, BoB, auto stocks, Affle India

Stocks of auto companies will be in focus after the government approved a policy to scrap more than 15-year-old vehicles owned by government departments and PSUs

Hero MotoCorp, TVS Motor hit 52-week highs; Bajaj Auto scales fresh peak

At 02:50 pm, these three stocks were trading higher in the range of 2% to 4%, as against a 0.75% fall in the S&P BSE Sensex and 0.45% decline in S&P BSE Auto index

L&T scales fresh 52-week high ahead of December quarter results

In the past three months, L&T has outperformed the market by surging nearly 50 per cent, on the back of strong orders flow, as compared to 20 per cent rally recorded by the S&P BSE Sensex

Apollo Hospitals gains 4%, hits new high on successful fund raising via QIP

Apollo Hospitals said it will use the funds raised to acquire a 50 per cent stake in a joint venture, seek inorganic growth opportunities, as well as, look to pare down debt in its balance sheet

Logistics shares gain; Gateway Distriparks zooms 55% in 5 days

Blue Dart Express surged 6 per cent and hit a fresh 52-week high of Rs 4,457, while Gati soared 7 per cent to Rs 96, and was trading close to its 52-week high of Rs 107 on the BSE

DCM Shriram rallies 24% in one week on strong operational performance in Q3

The management said the company has witnessed a sequential improvement in its quarterly performance as the challenges posed by Covid-19 reduced

Aurobindo gains 5% on govt nod for promotion of manufacturing bulk drugs

Aurobindo Pharma (through Lyfius Pharma) has received government approval for setting up plants for production of Penicillin-G and 7-ACA, under the PLI scheme

NBFC stocks in focus; Chola Investment, Shriram Transport rally up to 8%

In a discussion paper released on its website, the RBI has suggested a four-tier pyramid structure for the sector.

UltraTech Cement jumps 5%, hits new high on solid December quarter results

The company's net profit more than doubled to Rs 1,584 crore in the quarter ended December 31, 2020