Closing Bell: Nifty ends below 11,300, Sensex up 50 pts; Yes Bank gains 9%, auto stocks jump

: The benchmark indices ended on positive note on July 26 breaking six consecutive day fall with Nifty finished near 11,300.

At close, the Sensex was up 51.81 points at 37,882.79, while Nifty was up 32.10 points at 11,284.30. About 1296 shares have advanced, 1173 shares declined, and 161 shares are unchanged.

Yes Bank, Bajaj Finance, Bajaj Finserv, Eicher Motors and Hero Motocorp were among major gainers on the Nifty, while losers were Vedanta, IOC, HDFC, Tech Mahindra and Reliance Industries.

Among sectors, except energy and IT, all other indices are ended on the higher side led by auto (up 2 percent), PSU bank (up 1.1 percent), pharma (up 1 percent) followed by FMCG, infra and metal. BSE midcap and smallcap indices ended with marginal gains.

: Consolidated net profit down 8.6% at Rs 185 crore versus Rs 202.5 crore, revenue was up 5% at Rs 2,182 crore versus Rs 2,079 crore, YoY.

The Syndicate Bank has duly paid annual interest payment of Rs 44,10,00,000 on BASEL III compliant additonal Tier I Series V Bonds.

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Net profit down 36.2% at Rs 26.15 crore against Rs 41 crore, revenue down 9.7% at Rs 802.48 crore against Rs 889.15 crore, YoY.

Net profit rose 65.4% at Rs 44.4 crore against Rs 26.8 crore, revenue was up 64.9% at Rs 630 crore versus Rs 382 crore, YoY.

EBITDA of the company up 52.4% at Rs 144.5 crore against Rs 94.8 crore and margin was at 22.9% versus 24.8%, YoY.

The Indian rupee is trading flat at69.04 per dollar on Friday versus Thursday's close 69.04.

Shriram Transport has bought back secured redeemable non-convertible debentures worth Rs 210.7 crore issued by the company on private placement basis.

Brickwork Ratings India has assigned BWR D rating to the fund based (FB) long term bank facilities and BWR D to the non-fund based (NFB) short term bank facilities of Sintex Industries.

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Maruti Suzuki India's June quarter standalone profit fell sharply by 27.3 percent year-on-year to Rs 1,435.5 crore despite three-fold jump in other income, dragged by lower volumes.

Revenue during the quarter degrew by 12.2 percent to Rs 19,719.8 crore compared to year-ago, with 18 percent YoY fall in sales volumes. The company sold 4.01 lakh units in June quarter.

Other income increased to Rs 836.4 crore in Q1, against Rs 271.8 crore in year-ago period.

Punjab National Bank (PNB) has reported profit for the quarter ended June 2019 (Q1FY20) despite marginal rise in the non-performing assets.

The company has posted a net profit of Rs 1,018.6 crore against loss of Rs 940 crore in a year ago period.

Its net NPA was at 7.17% against 6.56%, while gross NPA at 16.49% against 15.50%, QoQ.

Shares of Indoco Remedies surged nearly 20 percent intraday July 26 as company received EIR from USFDA.

The company has received the establishment inspection report (EIR) from the US Food and Drug Administration (USFDA) for their sterile facility (Plant II) and solid dosages facility (Plant III) at Verna, Goa.