The market remained under pressure throughout the session but recovered a bit at the end of October F&O expiry day.
The Sensex was down 343.87 points at 33690.09, while Nifty was down 99.90 points at 10124.90. About 930 shares have advanced, 1559 shares declined, and 1121 shares are unchanged.
Barring IT, all the other sectoral indices ended in red.
Wipro, Coal India, Kotak Mahindra Bank, ITC, Asian Paints are the top gainers on
the Sensex, while Bharti Airtel, Vedanta, Yes Bank, Tata Motors and Sun Pharma are the top losers on
the Sensex.
HEADLINES OF THE DAY
Praj Industries Q2 numbers: Company's consolidated net profit rose 88.6 percent at Rs 8.9 crore against Rs 4.7 crore. Revenue was up 20.8 percent at Rs 251 crore against Rs 208 crore.
V-Guard Q2 result: The company's Q2 net profit was down 18 percent at Rs 38.2 crore versus Rs 46.5 crore. Revenue was up 6 percent at Rs 598 crore versus Rs 564 crore.
BHEL approves buyback:
The company approved share buyback of 18.93 crore shares at Rs 86 apiece, which is upto Rs 1,628.3 crore.
Kajaria Ceramics's second quarter consolidated profit fell 11.2 percent year-on-year to Rs 50.6 crore on weak operational earnings, but revenue grew by 8.1 percent to Rs 725.3 crore.
Maruti Suzuki, the country's largest car maker, has reported a 9.8 percent on year degrowth in second quarter profit to Rs 2,240.4 crore, dented by weak operational performance and subdued sales volume.
PVR reported a rise of 33.5 percent (year-on-year) in its net profit for the September quarter at Rs 33.02 crore. The company had reported a profit of Rs 25.17 crore during the corresponding quarter of last year.
Results to be announced tomorrow :- Atul,Coromandel Int,Dr Reddys Labs,Edelweiss,ICICI Bank,ITC,Kolte-Patil,Kirloskar Oil,Mahindra Life,Nestle,Shoppers Stop,UPL.
The crucial resistance for
Nifty spot is now seen at 10280 and above this 10450 Support for the immediate term is now placed at 10110 next support will be 9900.
Visit: Forex trading tips stock market tips Share Tips Exper
