Sensex, Nifty End At Two-Week Low; Rupee Extends Drop
The Bombay Stock Exchange building in Mumbai, India. (Photographer: Abhijit Bhatlekar/Bloomberg News)

Sensex, Nifty End At Two-Week Low; Rupee Extends Drop

Latest First
  • Oldest First

Closing Bell: Sensex, Nifty End At Two-Week Low

Indian equity indices extended declines to end at two-week low.

The S&P BSE Sensex fell 0.57 percent to end at 40,16.06 and the NSE Nifty 50 fell 0.61 percent to close at 11,840.45. The broader markets represented by the NSE Nifty 500 Index fell 0.64 percent.

The market breadth was tilted in favour of sellers. About 1,131 stocks declined and 683 shares advanced on National Stock Exchange.

All the 11 sectoral gauges compiled by NSE ended lower, led by the NSE Nifty Media Index’s 4.5 percent fall.

Money Market Update: Rupee At Day's Low

The Indian rupee weakened to trade at day’s low against the U.S. dollar. The home currency depreciated as much as 0.73 percent to 71.98 against the greenback.

Sensex, Nifty End At Two-Week Low; Rupee Extends Drop

Fab Four Stocks Of The Day

Indian Hotels

  • Stock rose as much as 7.7 percent to Rs 157.90.
  • Company to acquire remaining stake in Claridges Hotels’ arm and Excalibur for a consideration of Rs 250 crore.
  • To acquire Hotel in Pune for Rs 108 crore.

Edelweiss Financial Services

  • Stock rose as much as 4.9 percent to Rs 122.15.
  • PE firm Sanaka Capital to invest up to $75 million into group’s Investment Advisory business.

IDFC

  • Stock rose as much as 6.7 percent to Rs 35.90.
  • About 70.2 lakh shares of the company changed hands in two large trades, Bloomberg data showed. Buyers and sellers were not known immediately.

Mahanagar Gas

  • Stock rose as much as 7.9 percent to Rs 1,046.65.
  • Fresh longs seen with high open interest of 27 percent.

Stocks Reacting To Results Announcement

ABB (Q3, QoQ)

  • Stock rose as much as 0.85 percent to Rs 1,469.
  • Revenue up 1 percent to Rs 1746 crore.
  • Net profit up 4 percent to Rs 135 crore.
  • Ebitda flat at Rs 124 crore versus Rs 124 crore.
  • Margin at 7.1 percent versus 7.2 percent.

Zydus Wellness (Q2, YoY)

  • Stock fell as much as 6.9 percent to Rs 1,480.
  • Revenue up 2.4 times to Rs 326 crore.
  • Net loss at Rs 12 crore versus net profit of Rs 42.2 crore.
  • Ebitda down 47.4 percent to Rs 20.3 crore.
  • Margin at 6.2 percent versus 27.9 percent.
  • Number not comparable as numbers from Heinz India is also included.

Market Check: Sensex, Nifty Trade Lower

Indian equity benchmarks traded lower

The S&P BSE Sensex fell 0.19 percent to 40,269 and the NSE Nifty 50 fell 0.23 percent to 11,885.25. The broader markets represented by the NSE Nifty 500 Index fell 0.29 percent.

The market breadth was tilted in favour of sellers. About 1,047 stocks declined and 726 shares advanced on National Stock Exchange.

Stocks Moving On Heavy Volumes

Sheela Foam

  • Stock rose as much as 8.6 percent to Rs 1,345.
  • Trading volume was almost 50 times its 20-day average.

NESCO

  • Stock rose as much as 6.1 percent to Rs 640.
  • Trading volume was more than 20 times its 20-day average.

EID Parry India

  • Stock rose as much as 18.5 percent to Rs 193.20.
  • Trading volume was more than 16 times its 20-day average.

Bharat Dynamics

  • Stock rose as much as 9.2 percent to Rs 364.80.
  • Trading volume was 16 times its 20-day average.

AU Small Finance Bank

  • Stock rose as much as 11.5 percent to Rs 801.
  • Trading volume was more than 11 times its 20-day average.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.