Latest News
-
Honasa Consumer to Strengthen Operations by Merging Fusion Cosmeceutics and Just4Kids -
Wipro Reports 7.8% Decline in Q4 Net Profit; CEO Highlights Economic Challenges -
IREDA Hits Record Annual PAT of Rs 1,252 Cr in FY24; Q4 Profits Up by 33% -
Massive Employee Exodus Hits India's Top IT Companies in FY23-24 -
Air India Enhances Operational Efficiency with New Crew Management System -
BlackRock Acquires Shares in Electrosteel Castings and PTC India for Rs 207 Crore -
IndiGo Enhances Domestic Routes with Direct Chennai-Durgapur Flights -
Tesla to Recall Nearly 4,000 Cybertrucks Over Accelerator Pedal Fault -
Reliance, ONGC, Tata, Adanis: Energy Stocks Didn't Get The Memo Of Bears, Up 12% In 30-Days; 10 Stocks To BUY -
Sebi to Enhance Price Discovery for Firms Trading Below Book Value
Sensex, Nifty open marginally lower on weak Asian cues
Leading the set of Sensex losers in trade were ICICI Bank, Tata Motors and State Bank of India. Shares in M&M bucked the trend and was higher after reports that the company is planning for a few launches in the next 18-24 months.
Oil and gas were steady after reports that a four-member panel of secretaries will submit its report on a new gas pricing mechanism by Wednesday.
Mid cap stocks were extremely flat with the index showing no gains. However, individual shares like HPCL and Havells India gained ground.
A few stocks like IFCI and Karnataka Bank, however lost ground. Bhushan Steel was once again locked at the upper end of the circuit filter with only buyers in the counter.
PSU banks like Andhra Bank and Bank of Baroda continued to trade lower. Private sector banking stocks like ICICI bank and Yes Bank saw some profit bokking in early trade.
Meanwhile, most of Asia was trading flat to negative in trade with the Shanghai Composite and the Hong Kong's Hang Sang marginally lower.
GoodReturns.in
