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May 02, 2019 03:36 PM IST | Source: Moneycontrol.com

Closing Bell: Sensex, Nifty end lower after a lacklustre day; IT, pharma stocks drag

The Sensex was down 50.12 points at 38981.43, while Nifty was down 23.40 points at 11724.80.

  • May 02, 03:33 PM (IST)

    Market close: Benchmark indices ended lower on volatile day with Nifty fell to hold 11,750 level.

    At close, the Sensex was down 50.12 points at 38981.43, while Nifty was down 23.40 points at 11724.80. About 1053 shares have advanced, 1442 shares declined, and 163 shares are unchanged. 

    Yes Bank, Bharti Infratel, Power Grid Corp, HDFC Bank and Hero Motocorp were the top gainers on the Nifty, while losers were Britannia Industries, Zee Entertainment, Tata Motors, ICICI Bank and IndusInd Bank.

    Among the sectors, except infra all other indices ended in red led by IT, pharma, FMCG, auto and bank.

  • May 02, 03:27 PM (IST)

    Buzzing: Share price of Hindustan Zinc declined 2 percent after company net profit fell 19.7% at Rs 2,012 crore, while revenue down 12.5% at Rs 5,491 crore.

  • May 02, 03:22 PM (IST)

    Radico Khaitan Q4 result: Net profit rose 14.2% at Rs 39 crore versus Rs 34.2 crore, revenue up 6.1% at Rs 510 crore versus Rs 481 crore, YoY.

  • May 02, 03:07 PM (IST)

    Kansai Nerolac Q4: Net profit down 12.3% at Rs 93 crore versus Rs 106 crore, revenue up 4.5% at Rs 1,153 crore versus Rs 1,103 crore, YoY.

  • May 02, 02:53 PM (IST)

    Rupee at day's high: The Indian rupee is trading at day's high level at 69.50 per dollar versus Tuesday's close 69.56.

  • May 02, 02:46 PM (IST)

    MRF Q4 results: Net profit down 14.8% at Rs 293 crore versus Rs 345 crore, revenue up 6.2% at Rs 4,073.5 crore against Rs 3,836 crore, YoY.

  • May 02, 02:30 PM (IST)

    Buzzing: Shares of Greaves Cotton rose 4 percent after company board approves buyback of its equity shares for an aggregate amount not exceeding Rs 240 crore 

  • May 02, 02:22 PM (IST)

  • May 02, 02:13 PM (IST)

    Dabur India Q4 results​: The company has reported 6.5 percent fall in its fourth quarter consolidated net profit at Rs 370.4 crore on the back of of Rs 75.3-crore write-off of goodwill for Turkey business.

  • May 02, 01:45 PM (IST)

    Gruh Finance will hold a shareholder meet on June 4 for approval of the merger with Bandhan Bank

  • May 02, 01:37 PM (IST)

    PNB housing to consider raising up to $1 billion via external commercial borrowing, on May 9. The board will also mull issuing NCDs worth up to Rs 10,000 crore in various tranches. - CNBCTV18

  • May 02, 01:33 PM (IST)

    Bajaj Auto reported 1.96 percent rise in total sales at 4,23,315 units in April 2019 compared to 4,15,168 units it sold in the year-ago period.

  • May 02, 01:25 PM (IST)
  • May 02, 01:22 PM (IST)

    Lloyd, one of India’s leading consumer durable brand, on May 2 launched country’s fastest cooling Air Conditioners – ‘Grandè for the upcoming summer season. The new range of ‘Grandè ACs can cool down the temperature to 18 degrees Celsius in just 45 seconds. 

  • May 02, 01:18 PM (IST)

  • May 02, 01:12 PM (IST)

    Media shares are trading in the red today, down 0.66 percent on Nifty. Eros International Media was the biggest loser, down 3.07 percent. PVR was up 2.05 percent, emerging as the biggest gainer among the constituent stocks.

     Media shares are trading in the red today, down 0.66 percent on Nifty.  Eros International Media  was the biggest loser, down 3.07 percent.  PVR  was up 2.05 percent, emerging as the biggest gainer among the constituent stocks.
  • May 02, 12:52 PM (IST)

    33 stocks among BSE200 companies have touched their respective 52-week highs. They include RIL, Wipro, Bajaj Finance, Divi's Lab, Dr Reddy, HDFC Bank. 

  • May 02, 12:34 PM (IST)

    Bandhan Bank Q4 net profit has jumped 68 percent YOY at Rs 650.87 crore. Net lnterest Income (NII) for the quarter grew 45.60 percent at Rs 1,258 crore as against Rs 864 crore in the corresponding quarter of the previous year. Net Interest Margin stands at 10.69 percent against 9.32 percent in the corresponding quarter of the previous year. 

  • May 02, 12:29 PM (IST)

    Market Update: Sensex is up 65.49 points or 0.17 percent at 39,097.04 and Nifty is up 8.50 points or 0.07 percent at 11,756.70. About 1,015 shares have advanced, 1,160 shares have declined, and 131 shares are unchanged.

  • May 02, 12:01 PM (IST)

    IT stocks are under pressure today. Nifty IT index is among the biggest sectoral losers today, down 1.2 percent. 

     IT stocks are under pressure today. Nifty IT index is among the biggest sectoral losers today, down 1.2 percent. 
  • May 02, 11:49 AM (IST)

    Broad market indices today

     Broad market indices today
  • May 02, 11:11 AM (IST)

    Bharat Heavy Electricals said it has successfully commissioned the first two pumping units (116 MW each) of 7x116 MW Kaleshwaram Lift Irrigation Scheme (LIS) Package-6 in Telangana. 

  • May 02, 10:50 AM (IST)

    Ashok Leyland's April sales figure 

     Ashok Leyland's April sales figure 
  • May 02, 10:40 AM (IST)

    Dilip Buildcon has completed four laning of Lucknow-Sultanpur Section of NH-56 188 days before the scheduled completion time. Hence, the company said, it is entitled to a bonus of Rs 37.9 crore. 

  • May 02, 10:29 AM (IST)

    Rupee Update: Image Source: Bloomberg

     Rupee Update: Image Source: Bloomberg
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