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MARKETS WRAP: Sensex rises 132 pts, Nifty reclaims 10,500; IT, pharma gain

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Avenue Supermarts falls 7% after margin disappointment

Avenue Supermarts, which runs the D-Mart supermarkets chain, has dipped 7% to Rs 1,318 after the company's EBITDA margin declined 110 basis points at 8.0% in Q2FY19 as compared to 9.1% in Q2FY18.

Rupee makes sharp U-turn, opens 23 paise lower against dollar

The Indian rupee has been on a downhill slide for most of the year, falling for six straight months, the longest stretch since 2002.

Pharma shares in focus; Dr Reddy's, Biocon, Lupin, Natco Pharma up over 3%

Nifty Pharma index, the largest gainer among sectoral indices, was up 1.7% as compared to 0.17% decline in Nifty 50 index at 09:36 am.

HUL Q2 results today: Here's what analysts expect

The company is likely to witness 13.6 per cent sales growth mainly led by volume growth of 7- 8per cent on account of supply chain benefits under GST regime.

MARKET WRAP: Sensex rises 732 pts, Nifty ends at 10,472; India VIX eases 8%

The Nifty Auto index settled 4 per cent higher led by a rally in shares of Mahindra & Mahindra and Maruti Suzuki India. The Nifty Bank index, too, rose 2.5 per cent led by IndusInd Bank and ICICI Bank

Auto index set to post sharpest single day gain in 31 months

Nifty Auto (up 4.02%) and the S&P BSE Auto (up 4.2%) indices were up more than 4%, as compared to 2% rise in the benchmark indices at 02:38 PM.

Power stocks rally; Tata Power, CESC, Adani Power gain up to 16%

Tata Power soared 16% to Rs 72.15 on the BSE in intra-day trade on the back of an over 10-fold jump in trading volumes, while Adani Power up 14% to Rs 34.10, surging 42% in past three trading days.

Hindustan Unilever trades firm ahead of Q2 earnings, stock up 2.4%

The stock was trading 2.4% higher at Rs 1,566 on the BSE.

Airline stocks extend gain; IndiGo, Jet Airways, SpiceJet up 10% in 3 days

InterGlobe Aviation that runs IndiGo, Jet Airways (India) and SpiceJet were up in the range of 4% to 5% on the BSE. On comparison, the S&P BSE Sensex was up 1.8% at 34,625 points at 10:38 am.

TCS extends fall after Q2 earnings; down 8.5% in one week

The stock was down 3% to Rs 1,925 in otherwise firm market after the company reported a lower than expected revenue growth of 3.7% in constant currency terms in September quarter on sequential basis.

YES Bank up 6% on appointment of advisory firm Korn Ferry to find new CEO

The stock was up 6% to Rs 255 on the BSE in early morning trade, rallying 24% thus far in the current week as compared to 0.92% rise in the S&P BSE Sensex.

MARKET WRAP: Sensex dips 110 pts ahead of F&O expiry; FMCG, IT stocks fall

Among sectoral indices, the Nifty FMCG index fell 1.5 per cent led by a fall in ITC and Hindustan Unilever. The Nifty IT index, on the other hand, settled 1.9 per cent lower weighed by Infosys.

Sadbhav Engineering, PNB Housing, Motherson Sumi, 8K Miles hit 52-week low

Eveready Ind, Eros International Media, VA Tech Wabag, Suzlon Energy, Shakti Pumps and Rolta India were 73 stocks from the S&P BSE 500 and S&P BSE Smallcap index hitting 52-week lows today.

Biocon hits new high; stock zooms 109% in one year

The stock hit a new high of Rs 718, rallying 8% in two days after the company's drug substance manufacturing site at Bengaluru campus by the US health regulator has concluded without any observations.

BNP Paribas Cardiff may trim stake in SBI Life; stock hits new low

The stock slipped 6% to Rs 553 on the BSE in intra-day trade after the company said that BNP Paribas Cardiff may trim stake in the company to comply with minimum shareholding norms.

MARKET WRAP: Sensex up 347 pts; DHFL cracks 22%, YES Bank slips 2%

Among sectoral indices, the Nifty Bank index settled 1.4 per cent higher led by a rise in the shares of SBI and Axis Bank.

YES Bank makes sharp U-turn; slips 17% from intraday high to hit 52-wk low

The board will decide the future course of action after the RBI curtailed the term of its MD and CEO Rana Kapoor and asked the bank to look for a replacement by January 2019.

OMCs, aviation stks drop as crude rises; IndiGo, Jet Airways hit 52-wk lows

Shares of Hindustan Petroleum (HPCL) was trading two and a half per cent lower at Rs 242 while those of Indian Oil was down 1 per cent at Rs 153.5.

HCL Technologies hits record high; stock up 24% in three months

HCL Technologies hit a record high of Rs 1,125, up 2.6% in intra-day trade, surpassing its previous high of Rs 1,107 recorded on April 23, 2018, on the BSE.