Sensex Logs Second-Best Samvat In Four Years
A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. Image used for representation.

Sensex Logs Second-Best Samvat In Four Years

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Closing Bell: Sensex Registers Second-Best Samvat In Four Years

Indian equity benchmark—S&P BSE Sensex—clocked its best Samvat in four years.

The 31-stock returned 12 percent in Samvat 2075. Meanwhile, the NSE Nifty 50 advanced 10 percent during the period.

Today, Sensex and Nifty closed little changed at 39,058 and 11,583 respectively. The broader markets represented by the NSE Nifty 500 Index ended 0.1 percent lower.

The market breadth was tilted in favour of sellers. About 1,012 stocks declined and 736 shares advanced on National Stock exchange.

Seven out of 11 sectoral gauges compiled by NSE ended higher, led by the NSE Nifty PSU Bank Index’s 3.4 percent gain. On the flipside, the NSE Nifty Metal Index was the top sectoral loser, down 0.54 percent.

Stocks Moving On Heavy Volumes

Arvind (Q2, YoY)

  • Stock rose as much as 4.5 percent to Rs 47.50.
  • Revenue up 9.4 percent to Rs 1,962.2 crore.
  • Net profit down 19.7 percent to Rs 48.1 crore.
  • Ebitda up 7 percent to Rs 195 crore.
  • Margin at 9.9 percent versus 10.2 percent.

Atul (Q2, YoY)

  • Stock fell as much as 1.9 percent to Rs 4,221.
  • Revenue up 1 percent to Rs 1,045.6 crore.
  • Net profit up 71 percent to Rs 209 crore.
  • Ebitda up 12.7 percent to Rs 224.4 crore.
  • Margin at 21.5 percent versus 19.2 percent.

Market Check: Sensex Set For Second-Best Samvat In Four Years

Indian equity benchmark—S&P BSE Sensex—is set for its second-best Samvat in four years.

The 30-stock index returned 12 percent so far in Samvat 2075 and is set to end higher today. The NSE Nifty 50 rose 0.1 percent to 11,592 as of 3. p.m.

Stocks Moving On Heavy Volumes

Sun Pharma

  • Stock rose 3.8 percent intraday to Rs 421.40 each.
  • The trading volume was nearly three times its 20-day average for this time of the day.

Alembic Pharmaceuticals

  • Stock declined 2 percent intraday to Rs 532.55 each.
  • The trading volume was nearly 30 times its 20-day average.

Bharti Infratel

  • Stock falls 10.4 percent, the most in six months, to Rs 212.95 each.
  • The trading volume was more than eight times the 20-day average.

Deepak Nitrate

  • Stock jumped 5.7 percent to hit an all-time high of Rs 360 apiece.
  • The trading volume was seven times the 20-day average.

SBI Gains Over 5% After Q2 Results Announcement

Shares of State Bank of India rose as much as 5.5 percent, the most in over a month, to Rs 277 after the company announced its September quarter results.

Key Earnings Highlights (Q2, YoY)

  • Net interest income up 17 percent to Rs 24,600 crore.
  • Net profit up 218 percent to Rs 3,012 crore.
  • GNPA at 7.19 percent versus 7.53 percent (QoQ).
  • NNPA at 2.79 percent versus 3.07 percent (QoQ).
Sensex Logs Second-Best Samvat In Four Years

Market Check: Sensex, Nifty At Day’s Low

Indian equity benchmarks were trading at day’s low.

The S&P BSE Sensex fell 0.75 percent to 38,733 as of 1:20 a.m. and the NSE Nifty 50 fell 0.76 percent to 11,494. The broader markets represented by the NSE Nifty 500 Index fell 0.74 percent.

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