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Jan 22, 2019 03:55 PM IST | Source: Moneycontrol.com

Closing Bell: Sensex ends 134 points lower, Nifty below 10,950; Sun Pharma, Wipro major gainers

Among the sector, metal stocks remained under pressure as they ended 2 percent lower, while some buying was witnessed in pharma index led by Sun Pharma, Piramal Enterprises and Aurobindo Pharma.

  • Jan 22, 03:35 PM (IST)

    Market at Close It's a negative end for the market, but off the low points as bulls put up a strong fight in the last hour. Shares broke their five-day gaining streak as the Nifty finished below 10,950, while Sensex ended 134 points lower.

    The Sensex was down 134.32 points at 36444.64, while Nifty was down 39.10 points at 10922.80. About 941 shares have advanced, 1584 shares declined, and 170 shares are unchanged.

    Sun Pharma, Kotak Mahindra Bank, Hero Motocorp, Bajaj Finance and Yes Bank are among major gainers on the Sensex, while top losers are Vedanta, Tata Steel, M&M, Maruti Suzuki and Bharti Airtel.

    Among the sector, metal stocks remained under pressure as they ended 2 percent lower, while some buying was witnessed in pharma index led by Sun Pharma, Piramal Enterprises and Aurobindo Pharma.

  • Jan 22, 03:24 PM (IST)

    Rane Madras Q3 result: The company posted net loss at Rs 0.7 crore against profit of Rs 7.5 crore. Revenue was up 6.4 percent at RS 387.2 crore versus Rs 364 crore, YoY.

  • Jan 22, 03:01 PM (IST)

    Reliance Nippon Life declares dividend: The board has also declared an interim dividend of Rs 3 per equity share and has fixed the record date as February 01, 2019.

  • Jan 22, 02:42 PM (IST)

    Asian Paints Q3 result: The company has reported a good growth in consolidated earnings for the quarter ended December 2018 with robust revenue and operational income, but margin performance was subdued due to higher raw material cost.

    The bottomline increased by 14 percent year-on-year to Rs 647 crore, driven by strong topline and operational growth in Q3.

  • Jan 22, 02:25 PM (IST)

    Result reaction: Shares of Alembic Pharmaceuticals added 3.5 percent after company posted robust numbers for the quarter ended December 2018.

    The company's consolidated Q3 net profit was up 30.4 percent at Rs 169.8 crore against Rs 130.6 crore in a year ago period.

  • Jan 22, 02:13 PM (IST)

    Top gainers and losers on the Sensex:

      Top gainers and losers on the Sensex:
  • Jan 22, 01:50 PM (IST)

    Q3 SCORECARD

    Shree Cement’s net profit for December quarter fell 10 percent to Rs 301.3 crore from Rs 333 crore that the company posted during the same quarter of last year. 

    The revenue rose 21 percent at Rs 2,781 crore against Rs 2,302.7 crore last year. 

    The earnings before interest, taxes, depreciation and amortization grew 25 percent at Rs 710 crore against Rs 570 crore last year. 

  • Jan 22, 01:34 PM (IST)

    Havells India reported a net profit of Rs 195.7 crore for December quarter. This implies a jump of 10 percent year on year from Rs 178.62 crore posted last year

    The revenue was reported to be at Rs 2,518.4 crore, while it posted a revenue of Rs 2,190.99 crore last year.

    At an operating level, the earnings before interest, taxes, depreciation and amortization came in at Rs 294.6 crore, while operating margin was reported at 11.7 percent.

  • Jan 22, 01:14 PM (IST)

    TVS MOTOR RESULTS TVS Motor reported a rise of 15 percent (year-on-year) in its net profit for December quarter at Rs 178.4 crore. The company had reported a profit of Rs 154.4 crore during the corresponding quarter of last year. 

    The company reported revenue growth of 26 percent for the quarter under review at Rs 4,664 crore against Rs 3,703.1 crore last year. 

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