INSUBCONTINENT EXCLUSIVE:
NEW DELHI: After scaling fresh record highs in intraday trade, the SP BSE Sensex ended flat on Friday
At close, the index stood at 36,541, down 7 points, with Reliance Industries (RIL) being the top gainer and ONGC (down) the worst laggard
Despite positive global cues and a rise in the rupee, the domestic market traded in a tight range as a spike in CPI inflation and fall in
IIP print turned investors nervous.
Moderating oil prices are signalling stability ahead in market momentum
However, the sentiment is not broadbased as midcaps smallcaps have not participated in this rally, said Vinod Nair, Head of Research,
Estates, Adani Power, IDBI Bank and JP Associates were some of the top newsmakers of the day.
Infy Q1 net rises 4%The IT major on Friday
reported 3.70 per cent YoY rise in profit at Rs 3,612 crore for the quarter ended June 2018
Analysts in an ETNow poll had estimate Rs 3,731 crore profit for the quarter
Revenues came in 12 per cent higher on a YoY basis at Rs 19,128 crore
The earnings were announced post market hours
Earlier, the stock ended over 1 per cent higher at Rs 1,309 crore in Mumbai trading
The list included ABG Shipyard, Andhra Bank, Ashiana Housing, Balaji Telefilms, Bank of India and Ballarpur Industries
On the contrary, 22 scrips hit 52-week highs.
13 stocks in oversold zoneTechnical indicator RSI (relative strength index) showed 13 stocks
have slipped into the oversold territory, including Hathway Cable Data, Kwality, Den Networks, JVL Agro Industries and JK Cement
On the contrary, Responsive Industries entered the overbought zone
Block deals in Prestige, AU Small BankPrestige Estates ended nearly 4 per cent lower at Rs 261 on BSE after 37 lakh shares changed hands in
AU Small Finance Bank slipped 2 per cent to Rs 634 apiece after 1.2 crore shares or 4.2 per cent equity changed hands in two blocks on NSE
and BSE.
Adani, JPA among volume gainersAdani Power, IDBI Bank, GMR Infra, Reliance Communications, JP Associates, Adani Enterprises, Fortis
Healthcare were the most active stocks in terms of volume, while RIL, Infosys, and TCS were the most active stocks in terms of value
Insider trade in Ruchi SoyaBSE data showed Maha Kosh Papers, the promoter of Ruchi Soya Industries, disposed of 1,00,000 equity shares on
Shashi Kumar N, an employee of Eicher Motors, disposed of 50 equity shares via open market sale
Multiplex stocks fallShares of leading multiplexes saw a sharp fall after reports the Maharashtra government has allowed moviegoers to
carry their own food inside the theatres from August 1
Shares of PVR slipped 13.10 per cent to end at Rs 1,214.20 apiece on BSE while those of Inox Leisure ended over 5 per cent lower at Rs
