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Even though the market made some smart moves
intraday but could not hold the tempo till end. The Sensex ended up 33.40 points
at 26630.51 and the Nifty was up 5.90 points at 7964.80. About 1370 shares
advanced, 1532 shares declined, and 101 shares were unchanged. Sun Pharma,
HDFC, Bajaj Auto, Maruti Suzuki and ITC were gainers. BHEL, ICICI Bank,
Hindalco, Axis Bank and M&M were among losers.Equity benchmarks wiped out all its gains in afternoon trade weighed down by FMCG, banks and technology stocks. The 30-share BSE Sensex fell 16.87 points to 26580.24 and the Nifty dropped 5.45 points to 7953.45. The broader markets too came off day's high with the BSE Midcap and Smallcap indices rising 0.1 percent and 0.3 percent, respectively.
Diesel price is likely to be cut by about Re 1 per litre, the first reduction
in rates in over five years, while petrol price may be slashed by Rs 1.75.
State-owned oil firms are likely to announce reduction in rates, made possible
because of softening in international oil rates, this evening, government and industry
sources said.
• Dish TV Q2, YoY
ReplyDeleteo Revenue down 4 percent at Rs 749 cr
o Net loss of Rs 16 crore from a profit of Rs 70 cr
o Ebitda down 18 percent at Rs 216.5 cr
o Margin at 28.9 percent versus 34%.
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