A trader types on a keyboard while monitoring financial data figures at a trading floor. (Photographer: Alex Kraus/Bloomberg)

Sensex, Nifty End Lower For Second Day

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Closing Bell: Sensex, Nifty End Lower For Second Day

Indian equity benchmarks ended lower for the second day. The S&P BSE Sensex Index closed 0.41 percent lower at 36,395.03 and the NSE Nifty 50 Index ended below 10,900, down 0.5 percent.

The market breadth was tilted in favour of sellers. About 1,232 stocks fell and 528 shares advanced on National Stock Exchange.

Nine out of eleven sectoral gauges compiled by NSE fell, led by the NSE Nifty PSU Bank Index's 1.7 percent decline. On the flipside, the NSE Nifty Media Index was the top sectoral gainer, up 1.3 percent.

SpiceJet Reports Unexpected Q3 Profit

SpiceJet Ltd. reported a profit of Rs 55 crore, a fall of 77 percent form the year-ago period, according to its stock exchange filing. That compared with a loss of Rs 58.2 crore that analysts tracked by Bloomberg had estimated.

Key earnings highlights (Q3, YoY)

  • Revenue up 20.2 percent to Rs 2,487.
  • Ebitdar down 19.7 percent to 456 crore.
  • Ebitdar Margin at 18.35 percent versus 27.48 percent.

Shares of the budget carrier rose as much as 5.8 percent to Rs 82.95 after the results announcement.

Eicher Motors Q3 Margin Contracts, Shares Fall

Shares of Eicher Motors fall as much as 2.5 percent to Rs 20,331 after the company's margin contracts during October-December period.

Key earnings highlights (Q3, YoY)

  • Net profit up 2.4 percent to Rs 532.95.
  • Revenue up 3.2 percent to Rs 2,341.06.
  • Ebitda down 3 percent to Rs 679.53.
  • Margin at 29.02 percent versus 31.16 percent.

Apollo Hospitals Falls As Pledge Shares Concerns Spooks The Street

Shares of Apollo hospital fell as much as 13.3 percent, the most since December 2011, to Rs 1,090.

Sensex, Nifty End Lower For Second Day

DHFL Receives Notice From Income Tax Department

Sensex, Nifty End Lower For Second Day