INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Good show in December quarter earnings propelled shares of Muthoot Finance by 17 per cent, while Reliance Infrastructure jumped
over 9 per cent on Monday
Meanwhile, ONGC dropped over 3 per cent as its bottom line halved during the quarter
BSE benchmark Sensex declined 202 points or 0.49 per cent to end the day at 41,056
investors chose to book profit at higher levels
As most of the key events are behind us, the market would take cues from global peers
Further, investors would keep a watch on updates of coronavirus
Appellate Tribunal allowed JSW Steel to acquire Bhushan Power - Steel for Rs 19,700 crore by providing it immunity from prosecution by the
Shares of the company adipped 0.33 per cent to Rs 288.05
IOB mulls FPOIndian Overseas Bank (IOB), which has been in the red for the last four-and-a-half years, is mulling to raise funds through a
follow-on public offer (FPO) next year, a senior official of the state-owned lender said
Shares of the lender fell 1.82 per cent to Rs 9.18
ICICI Bank raises Rs 945 croreICICI Bank said it has raised Rs 945 crore by issuing Basel III compliant bonds on a private placement
basis.
SpiceJet inducts planesSpiceJet announced the induction of two Airbus A320 planes in its fleet
The two narrow-body planes, wet leased from Bulgarian carrier BH Air, joined the fleet on Friday
The stock fell 3.57 per cent to Rs 86.40
Tata Power targets 700 EV charging stationsTata Power is planning to increase its network of electric vehicle charging stations to 700 by
next year, a top company official said
Shares of the company fell 3.81 per cent to Rs 51.70.
Muthoot Finance soars 17 per centShares of Muthoot Finance surged 17.04 per cent to Rs
873.85 after the company reported a 66 per cent jump in profit at Rs 803 crore for the third quarter ended December 31.
Tata Elxsi partners
TaMoDesign and technology services firm Tata Elxsi on Monday announced a partnership with group firm Tata Motors for developing a unified
connected vehicle platform
Shares of the former tanked 4.57 per cent to Rs 987.20.
Rel Infra jumps 9 per centShares of Reliance Infrastructure surged 9.49 per cent to
Rs 21.35 after the firm reported an 18 per cent rise profit at Rs 345.51 crore for the third quarter ended December 31.
ONGC felt Q3
heatShares of Oil and Natural Gas Corporation lost 3.2 per cent to Rs 99.95 after the company posted halving of its December quarter net
profit.
Airtel pays Rs 10,000 crore AGR duesBharti Airtel said it has paid Rs 10,000 crore to the telecom department towards statutory dues
The company said it will make payment of the balance amount after self-assessment exercise
Shares of the firm skid 0.02 per cent to Rs 565.
Godrej buys land in DelhiIn a major land deal, realty firm Godrej Properties said it has
acquired nearly 27 acre land parcel in the National Capital for Rs 1,359 crore to develop a luxury housing project
Shares of the firms fell 0.87 per cent to Rs 1,130.55.
DMart FPO retail portion subscribed 98 per centThe offer for sale (OFS) by Avenue
Supermarts, which opened for retail investors on Monday, received subscription for 14,52,914 shares or 0.98 per cent against the offer size
The scrip ended the day 2.53 per cent lower at Rs 2,340.
Volatility jumps 7 per centThe barometer of volatility in the market, India VIX,
jumped 6.81 per cent to 14.54
This indicates traders expect relatively higher volatile movement in the coming sessions.
IT sole sectoral gainerNifty IT index was the only
sectoral index on NSE that ended in the green
It was up 0.03 per cent at 16,647
Nifty PSU Bank was the biggest loser, down 2.96 per cent at 2,145
Reliance Industries and ITC together bled 49 points
SBI, ICICI Bank and Larsen - Toubro were among other losers.
Most active stocksMuthoot Finance was the most active stock on NSE in terms of
It was followed by LIC Housing Finance, Bharti Airtel, IndusInd Bank and SBI
In terms volume of the transaction, Vodafone Idea topped the charts, followed by YES Bank, SBI, ONGC and LIC Housing Finance