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Jul 22, 2019 03:38 PM IST | Source:

Closing Bell: Nifty ends below 11,350, Sensex sheds 305 points; metal stocks gain, Bajaj Finserv falls 5%

The Sensex was down 305.88 points at 38,031.13, while Nifty was down 82.10 points at 11,337.20.

  • Jul 22, 03:35 PM (IST)

    Market at close: Benchmark indices reported third straight session loss on July 22 but ended off day's low with Nifty below 11,350 level.

    At close, the Sensex was down 305.88 points at 38,031.13, while Nifty was down 73.10 points at 11, 346.20. About 816 shares have advanced, 1680 shares declined, and 155 shares are unchanged. 

    Bajaj Finserv, HDFC, Kotak Mahindra Bank, HDFC Bank and Eicher Motors were among major losers on the Nifty, while gainers were Yes Bank, Vedanta, Hindalco Industries, Zee Entertainment and Indiabulls Housing.

    Among sectors, Banks and FMCG indices ended 1 percent lower, while buying seen in the metal, pharma, energy, IT and auto. On the other hand, midcap index was down 0.6 percent, while smallcap index shed 1%.

  • Jul 22, 03:24 PM (IST)

    Allied Digital Services has bagged Smart City project for Bidkin in consortium with KEC (RPG Group company). The project is expected to be executed in a period of 14 months and operations and maintenance shall run for 72 months.

  • Jul 22, 03:20 PM (IST)

    Brickwork Ratings lndia Pvt. Ltd has reaffirmed existing credit rating on the long and short term rating as BWR A and BWR A1 respectively.

  • Jul 22, 03:04 PM (IST)

    GSK Pharma Q1: Net profit rose 35% at Rs 113.5 crore versus Rs 84.1 crore, revenue up 7.1% at Rs 788 crore against Rs 735.7 crore. EBITDA up 21.9% at Rs 165.3 crore and margin was at 21%, YoY.

  • Jul 22, 02:49 PM (IST)

    KDDL's subsidiary - Ethos, has launched its first store in the eastern region of India at City Center Mall, Guwahati (Assam). The total number of stores as on date is 49 only.

  • Jul 22, 02:39 PM (IST)

    Lakshmi Machine Works Q1: The company net profit was down 71.7% at Rs 14.1 crore against Rs 49.7 crore, revenue was down 28.9% at Rs 452.3 crore against Rs 636 crore, YoY.

  • Jul 22, 02:30 PM (IST)

    Indices recover, Nifty around 11,350:

    Benchmark indices are recovered from the day's low with Nifty hovering around 11350 level.

    At 14:29 hrs IST, the Sensex is down 312.29 points or 0.81% at 38024.72, and the Nifty down 77.40 points or 0.68% at 11,341.90. About 650 shares have advanced, 1705 shares declined, and 130 shares are unchanged. 

  • Jul 22, 02:24 PM (IST)

    Rupee trades lower: The Indian rupee is trading lower by 18 paise at 68.98 per dollar versus Friday's close 68.80.

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