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Closing Bell: Sensex ends 169 pts lower, Nifty below 10,800; Zee Entertainment plunges 30%

Jan 25, 03:34 PM (IST)
Market at close: Indian indices erased all its morning gains and ended lower on Friday with Nifty finished below 10,800 level.

At the close, the Sensex was down 169.56 points at 36,025.54, while Nifty was down 69.30 points at 10, 780.50. About 692 shares have advanced, 1829 shares declined, and 150 shares are unchanged.

Bharti Infratel, HCL Tech, Bharti Airtel, Cipla and Yes Bank were the top gainers on the Nifty, while Zee Entertainment, Maruti Suzuki, UltraTech Cement, Hero Motocorp and Indiabulls Housing were the top losers on the Nifty.

Among the sectors, auto index slipped over 3 percent followed by bank, FMCG, infra and metal index. BSE midcap and smallcap stocks also finished lower with more than 1 percent cut.

Jan 25, 03:23 PM (IST)
Indian Bank Q3: Net profit down 49.7 percent at Rs 152.3 crore versus Rs 303.1 crore, NII up 5.8 percent at Rs 1,716.7 crore versus Rs 1,622.7 crore, YoY.

Jan 25, 03:13 PM (IST)
DLF plunged 18%: CBI visited company’s major’s offices in Delhi-NCR in connection to a land acquisition matter.

Jan 25, 02:53 PM (IST)
DHFL Q3 result: Net profit down 36.7% at Rs 313.6 crore, revenue up 12% at Rs 3,250 crore.

Jan 25, 02:39 PM (IST)
Maruti Suzuki Q3 result: Net profit was down 17 percent at Rs 1489.3 crore against profit of Rs 1,799 crore.

Jan 25, 02:29 PM (IST)
Wonderla Holidays Q3 result: Net profit was up at Rs 15 crore versus Rs 6.5 crore. Revenue was up 19% at Rs 76.1 crore versus Rs 63.8 crore, YoY.

Jan 25, 02:13 PM (IST)
Market Update: Benchmark indices have gave up most its day’s gain and trading flat with Nifty below 10,850 level.

At 14:09 hrs IST, the Sensex is up 29.42 points at 36224.52, while Nifty is down 15.10 points at 10834.70. About 869 shares have advanced, 1422 shares declined, and 153 shares are unchanged.

Jan 25, 01:56 PM (IST)
Results reaction: Shares of Kirloskar Oil Engines added 5 percent after company posted better numbers for the quarter ended December 2018. The board of directors have declared interim dividend of Rs 2.5 (125 percent) per equity share of Rs 2 each for the financial year 2018-19.

Jan 25, 01:45 PM (IST)
Rane Engine Q3: Net loss at Rs 3.4 crore against loss of Rs 3.2 crore, YoY

source: moneycontrol.com

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