The Bombay Stock Exchange (BSE) building, left, looms over a no-entry street sign in Mumbai. Photographer: Prashanth Vishwanathan/Bloomberg

Sensex, Nifty Decline On First Full Trading Session Of Samvat 2075

Latest First
  • Oldest First

BQ Live

Closing Bell: Sensex, Nifty Decline On First Full Trading Session Of Samvat 2075

Indian equity benchmarks declined on first full trading session of Samvat 2075 paced by losses in Bharti Airtel, Infosys, TCS and Reliance Industries.

The S&P BSE Sensex fell 0.22 percent or 79 points to 35,159 and the NSE Nifty 50 Index declined 0.12 percent or 13 points to 10,585.

Nine of 19 sector gauges compiled by BSE ended lower led by the S&P BSE IT Index's 1.2 percent drop. On the other hand, the S&P BSE Healthcare Index was the top gainer, up 1.08 percent.

Mid- and small-cap shares witnessed buying interest as the S&P BSE MidCap Index rose 0.7 percent and the S&P BSE SmallCap Index climbed 0.6 percent.

Ashok Leyland Extends Decline After Block Deal

  • Ashok Leyland has 10.5 lakh shares change hands in a single block. Stock down 2.7 percent at Rs 118.45.

Buyers and sellers were not immediately known

Source: Bloomberg

Dr. Reddy's Labs Drops On Repeat Observations For Duvvada Plant

Shares of the Hyderabad-based drug maker fell as much as 2.61 percent to Rs 2,389 after it received eight observations, five of them a repeat of 2017 and warning letter of 2015, from the U.S. drug regulator at its Duvvada facility—crucial for future growth prospects in its largest market.

The observations were issued after an audit of the injectable plant starting Oct. 23. BloombergQuint has obtained a copy of the form 483 issued by the U.S. Food and Drug Administration to India’s fifth-largest pharma company by sales.

PC Jeweller Reverses Losses On Heavy Volumes

Shares of the Delhi-based jewellery retailer reversed losses and rose as much as 7.49 percent to Rs 89.65 on the back of heavy volumes.

Trading volume was 2.3 times its 20-day average, according to data compiled by Bloomberg.

As many as 54.88 lakh shares were traded on the National Stock Exchange, according to information on NSE website.

Sensex, Nifty Decline On First Full Trading Session Of Samvat 2075

Amara Raja Declines Despite Profit Meeting Estimates In Q2

Shares of the Tirupati-based battery maker fell as much as 2.46 percent to Rs 760 after its net profit fell 5.5 percent on a yearly basis to Rs 120.2 crore during the July-September period.

Key earnings highlights (Q2, YoY)

  • Net profit down 5.5 percent at Rs 120.2 crore versus estimate of Rs 118 crore.
  • Revenue up 22.8 percent at Rs 1,753 crore.