Stock market

Sensex, Nifty Lower, IT and FMCG Stocks Witness Selling

Domestic shares ended a negative note on Thursday dragged by IT, and FMCG stocks. The Sensex closed at 38,981.43, down 50.12-points, while the NSE Nifty50 ended at 11,724.80, falling 23.4-points. Nifty Midcap fell 0.7pc, while the Nifty Smallcap was flat Read more

MRF’s Q4 Profit Down 15pc, Stock Slips

Indian multinational and the largest tyre manufacturer MRF Limited reported a 15pc declines in its consolidated net profit to Rs.293.83cr during fourth quarter FY19. The Company, in the equivalent year-ago-period had posted a net profit of Rs.345.32-Cr. Revenue rose 6pc to Read more

bajaj auto shares

Bajaj Auto Shares Rise After Announcing Monthly Sales

Shares of Bajaj Auto Ltd zoomed over 1.3pc to hit an intraday high of Rs.3027 per share after the company reported monthly sales data for April 2019 today, 2 May 2019. The Auto major today reported 2pc growth in its Read more

Sensex, Nifty Trade Higher, Banking Stocks Rally

Indian stocks bounced back in morning trade, from the opening loss, amid strength in banking stocks. During Mid-moorning session, the BSE Sensex, was up 113pts at 39,144.84, while the Nifty50 index of the NSE was up 28pts at 11,776.15 Yes Read more

Godrej Properties share fall despite strong profits

Shares of leading estate company, Godrej Properties Ltd today reported ~270% increase in its March quarter net profit at Rs.156.66-cr.  The company last year had reported Rs.42.28-cr increase in its net profit.  Its total income zoomed 125.70% to Rs.1203.21-crore in Read more

Shares Fall on ICRA Downgrade

Shares of Reliance Home Finance and Reliance Capital significantly were falling on Tuesday after the rating agency ICRA revised the ratings on these stocks from A2 to A4 with negative implications. According to media reports, the company is also looking to Read more