• SENSEX  
    ( -2.39%)
  • USDINR  
    ( 0.49%)
  • GOLD  
    ( 1.11%)
  • Mid-Session - Detailed News
Indices at day's low; breadth favours sellers
30-Jan-20   10:27 Hrs IST

Key benchmark indices extended early losses and hit fresh intraday low in morning trade. Shares in other Asian stock markets tumbled as the death toll from a new virus spreading in China rose and more cases were reported around the world. Indices may witness volatility on account of monthly F&O expiry. The Nifty hovered above 12,050 level.

At 10:25 IST, the S&P BSE Sensex, was down 208.62 points or 0.51% at 40,990.04. The Nifty 50 index was down 64.15 points or 0.53% at 12,064.70.

The broader market witnessed heavy selling pressure. The S&P BSE Mid-Cap index was down 0.72% while the S&P BSE Small-Cap index was down 0.7%.

The market breadth turned weak. On the BSE, 605 shares rose and 1164 shares fell. A total of 95 shares were unchanged. In Nifty 50 index, 10 stocks advanced while 40 stocks declined.

Q3 Earnings:

Among Nifty companies, Bajaj Auto (up 0.23%), Bharti Infratel (down 1.02%), Indian Oil Corporation (up 0.25%) and Tata Motors (up 0.82%) will announce their Q3 2019 earnings today.

Colgate Palmolive (up 1.12%), Marico (down 1.58%), Dabur (down 0.01%), JK Tyre & Industries (down 0.18%), Blue Star (up 0.12%), Bharat Electronics (up 0.65%), Force Motors (down 2.2%), LIC Housing Finance (up 0.5%), Bajaj Holdings & Investment (up 1.04%), NOCIL (down 4.14%), Nath Bio-Genes (up 0.5%), MCX (down 3.92%), MOIL (up 0.29%), Persistent Systems (down 1.62%), Thomas Cook (up 0.18%), Jagran Prakashan (up 0.07%)and Gujarat State Fertilizers & Chemicals (down 1.44%) are some of the companies that will announce their Q3 earnings today.

Q3 Results:

Pidilite Industries was up 1.02%. The company on 29 January reported a 53.8% jump in consolidated net profit to Rs 341.78 crore in Q3 December 2019 as against Rs 222.29 crore reported in Q3 December 2018. Consolidated net sales posted a marginal growth of 4.3% year on year (YoY) to Rs 1926.59 crore. Profit before tax (PBT) for Q3 December 2019 (Q3 FY20) stood at Rs 454.53 crore, up by 37.5% against Rs 330.59 crore posted in Q3 December 2018 (Q3 FY19). Tax expenses declined 10.7% to Rs 105.69 crore in Q3FY20 from Rs 118.38 crore reported in Q3FY19.

Trident slumped 7.74% to Rs 6.44 after the company announced dismal Q3 results. On consolidated basis, textile major's net profit declined 66.2% to Rs 37.33 crore in Q3 December 2019 as against Rs 110.39 crore reported in Q3 December 2018. Net sales declined 13% to Rs 1135.59 in Q3 December 2019 over Q3 December 2018.

Quess Corp reported a 11.4% rise in consolidated net profit to Rs 71.31 crore in Q3 December 2019 as against Rs 64.04 crore reported in Q3 December 2018. Net sales jumped 35.8% to Rs 2950.02 crore in Q3 December 2019 over Q3 December 2018. Shares of Quess Corp were trading 0.61% lower at Rs 615.3.

Vaibhav Global jumped 4.23% to Rs 1040 after the company announced a stellar Q3 2019 result. On consolidated basis, net profit rose 25% to Rs 65.56 crore in Q3 December 2019 over Q3 December 2018. Net sales rose 10.3% to Rs 563.27 crore on year on year basis. The company has also declared an interim dividend of Rs 7 per equity share.

Powered by Capital Market - Live News

Useful Links

Back to Top
Attention Investors
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.............issued in the interest of investors. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account                                    "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Investors should be cautious of unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.BSE   http://www.bseindia.com/investors/tip-off-registration.aspx?expandable  NSE   https://www.nseindia.com/int_invest/dynacontent/any_portal.htm
All payments to Stock Broker shall be received from the market intermediaries/participants strictly by account payee crossed cheques / demand drafts or by way of direct credit into the bank account through electronic fund transfer, or any other mode permitted by the Reserve Bank of India. Stock Brokers shall not accept cash from their clients either directly or by way of cash deposit to the Bank Account of Stock Broker.
Group Companies Members of : BSE, NSE, MCX, MCX.SX, CDSL, NCDEX, Broking Services, Depository Services, Portfolio Management Services, Member Area IPO Distribution, Insurance Broking
BSE Clearing No.: 911 | SEBI Regn. No.: INZ000177531 (Cash/F&O) | NSE Clearing No.: 11858 | SEBI Regn. No. INZ000177531 (Cash/F&O/CDs) | MCX-SX Clearing No.: 11400 | SEBI Regn. No.: INZ000177531 (CDs) | CDSL DP ID: 30300 | SEBI Regn. No.: IN-DPCDSL-210-2003 | MCX SEBI Reg No.: INZ000032336 | MCX: 10665 | NCDEX: 00254 | NBFC RBI Regn. No.: 13.01851
© Copyright 2018 Ajmera Associates Ltd ( ISO 9001:2015 Certified )
Designed, Developed and Powered By CMOTS Infotech ( ISO 9001:2015 Certified )
Open An Account Today !