CLOSING BELL: Adani Enterprises, Adani Ports, Hero MotoCorp, Cipla, JSW Steel, Bharti Airtel, Sun Pharma, UPL, Ultratech Cement, HDFC, Bajaj Auto, and Tata Motors fell over half a per cent to 11%
On the bourses, shares of M&M declined 1.4 per cent in Q3FY23, whereas peers like Maruti Suzuki, and Tata Motors slipped up to 4 per cent
Shares of SKM Egg Products Export India, Venky's India, Simran Farms and Ovlbel Foods were up in the range of 5 per cent to 10 per cent in Thursday's intra-day trading session
Adani Enterprises locked 10 per cent lower circuit, while Adani Ports, Adani Power, Adani Transmission, Adani Total Gas, Adani Green Energy and Ambuja Cements were down up to 6 per cent
CLOSING BELL: Adani Enterprises surged 23 per cent, while Adani Ports zoomed 9 per cent, leading the winners' list on the Nifty50
CLOSING BELL: Adani Enterprises (up 15 per cent), Dr Reddy's Labs, Adani Ports, Kotak Bank, IndusInd Bank, Bajaj Finance, Bajaj Auto, ONGC, JSW Steel, and Eicher Motors led the recovery
CLOSING BELL: Among sectors, the Nifty Metal index fell 2.2 per cent, followed by the Nifty IT index (down 0.6 per cent), and the Nifty Bank index (down 0.3 per cent)
Telecom major Bharti Airtel is likely to report up to 19.7 per cent year-on-year (YoY) growth in revenue to Rs 35,750 crore in the December quarter (Q3FY23), pegged analysts
The management said that the higher PAT growth was supported by improved margin through portfolio premiumisation, healthy mix and optimization of expenses,
However, fertiliser stocks may not see another upsurge as they have have more-than-doubled in the last six months, they said
Given strong execution, analysts at Emkay Global Financial Services, too, remain confident of the high-teens earnings trajectory for Titan in the medium term
The management said that the go-to-market strategy and investments in brands & innovation helped the company register a robust topline growth of 16 per cent YoY
Brokerages believe that the proposed tax hike on cigarette in the Union Budget 2023 is not very high and would be easily passed on through small price increases
Shares of Avanti Feeds, Coastal Corporation, and Waterbase soared up to 20 per cent in trade, as against a 2.05 per cent climb in the S&P BSE Sensex
Indian Bank said it is in a better financial health, well capitalised and the asset quality is continuously improving.
Cuts FY23 guidance, but expects sales to improve in FY24
Shares of Indus Tower, Vodafone Idea, Aurobindo Pharma, TV18 Broadcast, Voltas and Whirlpool of India were among total 33 stocks from the S&P BSE 500 index that hit their respective 52-week lows
Since January 6, the IT index rallied 9 per cent, as compared to 1.6 per cent rise in the Nifty50
Bajaj Auto Q3 preview: As per brokerage estimates, the auto major is expected to report marginal improvement in EBITDA margins on a sequential basis to 17.4 per cent in Q3FY23
Analysts at ICRA believe that the company's credit profile is likely to improve in the near term, supported by higher share of value-added products and healthy volumetric growth