INSUBCONTINENT EXCLUSIVE:
Asian Paints was among most active stocks in terms of value (Rs 418.11 crore) on the National Stock Exchange on Wednesday
It was followed by Adani Enterprises (Rs 351 crore), ICICI Prudential Life Insurance Company (Rs 289.58 crore), Bajaj Finance (Rs 268
crore), Reliance Industries (Rs 239 crore), ICICI Bank (Rs 238 crore) and Hexaware (Rs 221 crore)
Asian Paints on Tuesday reported a nearly 30 per cent increase in its consolidated net profit at Rs 571.31 crore in the quarter ended June
compared with Rs 440.74 crore in the year-ago period
ICICI Prudential Life Insurance reported a 30.61 per cent year-on-year decline in standalone net profit at Rs 281.64 crore for April-June
The company had reported a net profit of Rs 405.93 crore in the same quarter last year.
The NSE Nifty was down a mere 7.85 points at
11,126.45 while BSE Sensex was up 37.91 points at 36,863.01 around 11:11 am
In the Nifty space, Indiabulls Housing Finance (up 3.16 per cent), Bajaj Finserv (2.48 per cent), Vedanta (1.80 per cent), Adani Ports
Special Economic Zone (1.74 per cent), Bajaj Auto (1.64 per cent), YES Bank (1.42 per cent), Housing Development Finance Corporation (1.07
per cent), Hero MotoCorp (1.05 per cent), Infosys (0.78 per cent) and State Bank of India (0.67 per cent) turned top gainers.
Bharti Airtel
(down 3.03 per cent), UltraTech Cement (2.92 per cent), Grasim Industries (2.83 per cent), NTPC (2.76 per cent), Indian Oil Corporation
(2.36 per cent), Hindustan Petroleum Corporation (2.31 per cent) and HCL Technologies (2.25 per cent) were among top losers of the index.
