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Jan 23, 2019 03:39 PM IST | Source: Moneycontrol.com

Closing Bell: Sharp selling weighs on D-Street, Sensex down over 330 points; Nifty below 10,850

At the close of market hours, the Sensex was down 336.17 points or 0.92% at 36108.47, and the Nifty down 91.30 points or 0.84% at 10831.50.

  • Jan 23, 03:38 PM (IST)

    Market at Close Sharp selling in the last hour dragged indices by around a percent. The Sensex shed over 300 points, while the Nifty fell below 10,850-mark. 

    Automobiles, banks, consumption, infra and IT, among others, were the sectoral indices which ended in the red, while metals and pharma were the sole gainers. 

    At the close of market hours, the Sensex was down 336.17 points or 0.92% at 36108.47, and the Nifty down 91.30 points or 0.84% at 10831.50. The market breadth was negative as 1069 shares advanced, against a decline of 1,453 shares, while 138 shares were unchanged.

    Sun Pharma and Yes Bank were the top gainers, while ITC, M&M and Grasim lost the most. 

  • Jan 23, 03:14 PM (IST)

    Rupee Update: The Indian rupee has fallen 15 paise intraday or 0.22% against the US dollar. The currency opened at 71.09 in the morning and is currently trading at 71.28 again the US dollar. 

  • Jan 23, 03:06 PM (IST)

    Diversified Raymond Group reported an increase of 30 percent in consolidated net profit at Rs 39.95 crore for the third quarter ended December 2018.

    The company had posted a net profit of Rs 30.71 crore in October-December period a year ago. Total income during the reported period stood at Rs 1,705.68 crore, registering an increase of 12.69 percent from the December quarter of 2017-18. Raymond's total expenses were at Rs 1,639.03 crore as against Rs 1,471.38 crore in the year-ago period. Revenue from the textile segment stood at Rs 847.73 crore, up 10.32 percent from Rs 768.38 crore earlier.

  • Jan 23, 02:55 PM (IST)

    Market Update: Sensex is down 183.11 points or 0.50% at 36261.53, and the Nifty down 43.30 points or 0.40% at 10879.50. About 1057 shares have advanced, 1324 shares declined, and 124 shares are unchanged.

    Yes Bank are Sun Pharma are the biggest index gainers and ITC, Grasim and Infosys are the biggest index losers.

  • Jan 23, 02:51 PM (IST)

    ITC stock price has fallen about 2.5% after it reported its Q3 result. 

  • Jan 23, 02:47 PM (IST)

    Except Nifty Metal, Nifty Media and Nifty Pharma, all sectoral indices are trading in the red. 

     Except Nifty Metal, Nifty Media and Nifty Pharma, all sectoral indices are trading in the red. 
  • Jan 23, 02:32 PM (IST)

    ITC Q3 profit up 4%, margin misses estimates

    Cigarette-hotel-to-FMCG major ITC has reported a 4 percent on year growth in profit at Rs 3,209 crore, which was on expected lines but margin missed estimates. Profit in the corresponding quarter of last fiscal stood at Rs 3,090 crore, which included exceptional gain of Rs 413 crore.

    Revenue from operations in Q3 grew 15 percent year-on-year to Rs 11,227.66 crore, driven by gross across segments.

  • Jan 23, 02:29 PM (IST)

    DB Corp Ltd board has considered and approved an interim dividend of Rs 2 per equity share of Rs 10 each fully paid up of the Company (i.e. @ 20%) for FY 2018-19.

  • Jan 23, 02:06 PM (IST)

    JUST IN | Civil engineering and construction firm JMC Projects (India) Wednesday said it had secured orders worth Rs 507 crore in the domestic market. The company has received residential and commercial projects in South India totalling Rs 507 crore, JMC Projects said in a BSE filing.

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