| Index | Prices | Change | Change% |
|---|---|---|---|
| Sensex | 85,138.27 | -503.63 | -0.59% |
| Nifty 50 | 26,032.20 | -143.55 | -0.55% |
| Nifty Bank | 59,273.80 | -407.55 | -0.68% |
| Biggest Gainer | Prices | Change | Change% |
|---|---|---|---|
| Asian Paints | 2,954.40 | 86.80 | +3.03% |
| Biggest Loser | Prices | Change | Change% |
|---|---|---|---|
| Interglobe Avi | 5,697.50 | -96.50 | -1.67% |
| Best Sector | Prices | Change | Change% |
|---|---|---|---|
| Nifty Pharma | 22905.00 | 17.20 | +0.08% |
| Worst Sector | Prices | Change | Change% |
|---|---|---|---|
| Nifty Bank | 59273.80 | -407.50 | -0.68% |
: The Indian rupee depreciated 45 paise to 67.87against the US dollar on fresh demand for the greenback from importers and banks.
Power Grid Corporation has reported 4.6 percent rise in its Q4FY18 net profit at Rs 2,004.7 crore against Rs 1,916.4 crore in the same quarter last fiscal.
Revenue of the company was up 16.5 percent at Rs 7,811.3 crore against Rs 6,705.6 crore.
EBITDA or the operating profit was up at Rs 6,524 crore and margin was at 83.5 percent.
Power Grid Corporation of India ended at Rs 206.35, down Rs 0.70, or 0.34 percent.
: Benchmark indices snapped three-day winning streak, dented by weak global cues and sharp fall in rupee.
Banking & financials are the major losers that pulled the market lower in trade today.
The 30-share BSE Sensexdropped 216.24 points or 0.61 percent to Rs 34,949.24and the 50-share NSE Nifty fell 55.40 points to 10,633.30 while Nifty Midcapwas down 0.35 percent.
Bank of India, PC Jeweller, Bank of Baroda, Balrampur Chini, HCC, Canara Bank andStrides Shasun were under pressure.
Ruchi Soya, Ashok Leyland, Idea Cellular, SAIL and BHEL gained up to 4 percent.
: Kiri Industries share price fell 4 percent as operational earnings were not so great in Q4.
Consolidated net profit more than doubled to Rs 120 crore from Rs 53.4 crore, including share of profit of associates at Rs 90.4 crore against Rs 27.3 crore YoY.
Revenue from operations grew by 10.6 percent year-on-year to Rs328.5 crore whileEBITDA was up 4.4 percent to Rs45 crore. Margin contracted 90 basis points.
: Gold prices drifted lower by Rs 105 to Rs 31,860 per 10 grams, extending its slide for the third straight day at the bullion market in tandem with weak global cues amid muted demand from local jewellers.
: State-run coal mining company Coal India share price fell more than a percent after weak March quarter earnings.
Profit stood at Rs 1,295 crore and revenue at Rs26,909 crore for the quarter ended March 2018.
EBITDA (earnings before interest, tax, depreciation and amortisation) fell 94.4 percent year-on-year toRs 195.5 crore and margin contracted sharply to0.7 percent from 14.9 percent.
Employee benefit expenses shot up sharply to Rs16,654crore in Q4FY18, from Rs 9,241 crore in same period last year.
Other income increased to Rs 2,000 crore from Rs 1,782 crore while other expenses fell to Rs 1,261 crore from Rs1,926 crore YoY.
: European stocks fell amid renewed fears of a euro zone break-up risk in Italy and political turmoil in Spain.
France's CAC, Germany's DAX and Britain's FTSE are down 1.4 percent each.
: Godfrey Phillips India's March quarter profit dropped22.8 percent year-on-year to Rs43.1 crore and revenue from operations declined 37.6 percent to Rs543.3 crore.
EBITDA (earnings before interest, tax, depreciation and amortisation) plunged 30.5 percent to Rs 70.6 crore but margin expanded 130 basis points to13 percent compared to year-ago.
:The market extendedlosses in afternoon with the Sensex falling 200 points on global correction and weaker rupee.
The rupee fell 50 paise while European markets are down around 1.5 percent each.
Banking & financials stocks are pulling the market lower as Nifty Bank index slipped 350 points.
The 30-share BSESensex declined 230.70 points to 34,934.78and the 50-share NSE Nifty shed 68.50 points to 10,620.20.
: Oil prices were mixed, but remained under pressure from expectations that Saudi Arabia and Russia would pump more crude to ease a potential shortfall in supply.
Brent crudefutures were down 0.01percent, at $75.29 a barrel, after settling at their lowest since May 8 at $75.30.
USWest Texas Intermediate (WTI) crudewas down 2.17percent, at $66.41 a barrel, sitting around its lowest since April 17, reports CNBC.
