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Closing Bell: Sensex ends nearly 100 points lower, Nifty gives up 10,800; IndusInd Bank down 3%

At the close of market hours, the Sensex was down 96.66 points or 0.27% at 36009.84, while the Nifty was down 26.60 points or 0.25% at 10795.00.

Jan 11, 03:39 PM (IST)
Market at Close Equities have ended the week on a negative note, with the Nifty giving up 10,800.

All sectoral indices, barring consumption, have ended in the red. The Nifty FMCG index ended nearly a percent higher. Weakness was visible among midcap names as well, with the Nifty Midcap closing with losses of one-fifth of a percent.

At the close of market hours, the Sensex was down 96.66 points or 0.27% at 36009.84, while the Nifty was down 26.60 points or 0.25% at 10795.00. The market breadth was negative as 1180 shares advanced, against a decline of 1403 shares, while 169 shares were unchanged.

ITC, Infosys, and UPL were the top gainers, while IndusInd Bank and Tata Motors lost the most.

Jan 11, 02:51 PM (IST)
Buzzing: Share price of S H Kelkar & Company rose 4 percent intraday Friday after company’s subsidiary appealed against I-T department’s order of tax demand

Jan 11, 02:30 PM (IST)
Karnataka Bank Q3 results: Net profit at Rs 140.4 crore against Rs 87.4 crore. NII up 8.1 percent at Rs 488 crore versus Rs 451.5 crore, YoY. Net NPA unchanged at 3 percent, QoQ.

Jan 11, 02:15 PM (IST)
December Auto Sales: Tata Motors’ total group global wholesales reduced 13.9 percent, YoY. JLR group global wholesales at 45,474 units.

Jan 11, 01:53 PM (IST)
Dr Reddy’s Laboratories is going to announce its Q3FY19 results on February 1, 2019.

Jan 11, 01:13 PM (IST)
Infosys dips ahead of numbers: Share is trading marginally lower ahead of its numbers to declare later today. The company is expected to report marginal growth in profitability for the quarter-ended December 2018, but revenue growth could be an average 1.5 percent considering a seasonally weak quarter.

source: moneycontrol.com

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