The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
Among sectors, the Nifty FMCG index was the top loser of the day, falling 1.69 per cent weighed by ITC and United Spirits.
Here's a look at the top stocks that may remain in focus today -
The stock hit a 52-week low of Rs 78.15, down 16 per cent, falling 30 per cent from its intra-day high of Rs 111 on the National Stock Exchange (NSE).
The S&P BSE Sensex lost 134 points or 0.37 per cent to settle at 36,445, with Sun Pharma (up 4.54 per cent) being the top gainer and Vedanta (down nearly 4 per cent) the worst laggard.
The stock gained 6% to Rs 720, trading close to its all-time high level of Rs 729 touched September 3, 2018, in intra-day trade.
The stock locked in lower circuit for the second straight day, down 20 per cent at Rs 21.25, its lowest level since August 1, 2013 on BSE.
Nifty Metal index, the largest loser among sectoral indices, was down 2.55 per cent at 2,871 points, trading at its lowest level since June 27, 2017, on the NSE.
The stock was down 4.5% at Rs 86.55, trading at its lowest level since May 25, 2017, on the BSE.
The stock hit 52-week low of Rs 257, down 4 per cent on BSE, after the company reported 4 per cent year-on-year decline in net profit at Rs 2,211 crore in December quarter.
The drug major said that its domestic formulations distribution shall be transitioned from Aditya Medisales, the current distributor, to a wholly-owned subsidiary of Sun Pharma.
Here's a look at the top stocks that may remain in focus in today's session -
The stock was quoting 4.4 per cent higher at Rs 1,237, gaining 9 per cent in the past two trading days on BSE.
Net NPAs came in at 8.27 per cent against 8.42 per cent in the September quarter. In the year-ago quarter, numbers stood at 6.96 per cent.
The stock was down for the fifth straight trading day, at Rs 223, down 2 per cent on Monday, its lowest level since listing on April 4, 2018.
The stock hit its highest level since August 1, 2018, of Rs 2,165, was trading close to its record high level of Rs 2,219 touched on July 18, 2018, on BSE in the intra-day trade.
The stock surged 10 per cent to Rs 115 on the BSE in early morning trade after the company announced it has received order worth of Rs 1,011 crore from Gujarat Fibre Grid Network Limited.
Shares of South Indian Bank slipped as much as 8.3 per cent to Rs 14.25 apiece in the intra-day trade on BSE after the company announced its December quarter results on Saturday.
The stock hit a new high of Rs 1,465, up 4% and surpassed its previous high of Rs 1,464, recorded on September 28, 2018 in the intra-day trade.
The stock recovered 8% from Friday's low after the Sun Pharma urged the markets regulator to examine the role of some media houses with regard to the allegations raised by the whistle-blower.
While there was no change in demand trends, Wipro's guidance factors potential impact from the ongoing macro uncertainties in the US and Europe, observe analysts at Motilal Oswal Financial Services.