ADVERTISEMENT

Sensex, Nifty Snap 4-Day Losing Streak Led By Infosys

Tata Motors rose over 3 percent to Rs 411 after the company’s sales rose 58 percent in November to 52,464 units.

An Electronic Ticker Board Indicates the Closing Figures of the BSE Sensex at the Bombay Stock Exchange (Photographer: Prashanth Vishwanathan/Bloomberg)
An Electronic Ticker Board Indicates the Closing Figures of the BSE Sensex at the Bombay Stock Exchange (Photographer: Prashanth Vishwanathan/Bloomberg)
LIVE FEED
Latest First
  • Oldest First

Closing Bell

Indian equity benchmarks snapped four-day losing streak led by gains in Infosys. However, benchmarks swung between gains and losses for most part of the day as other heavyweights like Reliance Industries, HDFC Bank and Maruti Suzuki came under selling pressure.

The S&P BSE Sensex rose 0.11 percent to 32,869.72 and the NSE Nifty 50 Index was little changed at 10,127.75. The small cap shares underperformed their larger peers. The S&P BSE SmallCap Index fell 0.52 percent.

Eleven out of 19 sector gauges compiled by BSE ended lower led by the S&P BSE Telecom Index's 0.66 percent drop. On the other hand, the S&P BSE Information Technology Index was the top sectoral gainer, up 1.37 percent.

Sensex, Nifty Snap 4-Day Losing Streak Led By Infosys
ADVERTISEMENT

Shipping Corporation, TTK Prestige Sudden Spike

Shares of TTK Prestige and Shipping Corporation of India staged sudden spike in the last 15 minutes of trade.

Sensex, Nifty Snap 4-Day Losing Streak Led By Infosys

Stocks Moving On Heavy Volumes

  • Ramco Systems: The Chennai-based IT services firm rose as much as 11.17 percent, the most in over a month, to Rs 502. Trading volume was 12 times its 20-day average.
  • Kesoram Industries: The Kolkata-based auto part maker rose as much as 13.31 percent, the most in nearly six months, to Rs 148.60. Trading volume was 9.9 times its 20-day average.
  • Rupa & Company: The Kolkata-based innerwear maker rose as much as 8.69 percent, the most since Dec. 1, to Rs 500.20. Trading volume was 7.8 times its 20-day average.
  • Ramkrishna Forgings: The Kolkata-based fabricated metal and hardware company fell as much as 2.65 percent, the most since Nov. 30, to Rs 726.30. Trading volume was 11.1 times its 20-day average.
ADVERTISEMENT

Fab Four Stocks Of The Day

Transformers & Rectifiers: The Gujarat-based electrical power equipment maker rose as much as 5.5 percent, the most since Nov. 30, to Rs 34.50 after it received an order worth Rs 127 crore. With this order, its order book as on date stands at around Rs 937 crore.

Setco Automotive: The Mumbai-based auto component maker rose as much as 14.96 percent, the most in over a year, to Rs 48.40 on the back of strong earnings.

  • Revenues up 31 percent at Rs 135 crore.
  • Net profit up 1,300 percent at Rs 14 crore.
  • Other income of Rs 7 crore.
  • Ebitda up 54 percent at Rs 18.5 crore.
  • Margins at 13.7 percent versus 11.7 percent.

FIEM Industries: Shares of the Haryana-based auto part maker rose as much as 7 percent, the most in nearly six months, to Rs 953.40 after it signed pact with Asia Industry and Toyota Tsusho Corporation, Japan for establishing joint venture company in India to make Fuel Pump Module and IC Connector Assembly for two and three wheelers.

Jubilant Life Sciences: Shares of the Noida-based pharmaceutical company rose as much as 5 percent to Rs 730 after central government's green panel gave go-ahead for setting up a technical grade pesticide manufacturing unit in Gujarat, which would entail an investment of Rs 250 crore, news agency Press Trust of India reported.


Countdown

ADVERTISEMENT