| | |
The market seems to be losing buyers' interest today. As most of the stocks continue to shed gains, the market was finding difficult to hold firm.
Gammon India was down 4.5% after posting a net loss of Rs 261cr vs a profit of 1 cr y-o-y. Net sales have seen a marginal growth to Rs1216 crore vs Rs1184 crore.
Meanwhile, Tata Powers, Ranbaxy Labs and Sun Pharma are some of the top gainers on the Sensex.
Most of the Asian markets were sluggish led by Japan which was down 1.6% on stronger yen and caution ahead of the G20 meet where yen devaluation is in focus. Rest of Asia was trading mixed. Markets like China and Taiwan remain shut for lunar new year.
Equity benchmarks opened lower on Friday following fall in Asian markets and weakness in technology and auto stocks.
ADS BY GOOGLE
video of the day
Expect another 10-15% returns till next Budget: Kotak