Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Indian share markets open firm
Fri, 14 Feb 09:30 am

Barring Singapore (down 0.2%) and Japan (down 1.2%), major Asian stock markets have opened the day on a positive note with stock markets in South Korea (up 0.8%) and Taiwan (up 0.8%) leading the gains. The Indian share markets have also opened the day on a firm note. Stocks in the healthcare and auto space are leading the gains.

The Sensex today is up by around 59 points (0.3%), while the NSE-Nifty is up by around 16 points (0.3%). The midcap and smallcap stocks have also opened in the green with the BSE Mid Cap and BSE Small Cap indices trading higher by 0.3% and 0.4% respectively. The rupee is currently trading at Rs 62.42 to the US dollar.

Indian pharma stocks have opened the day on a firm note with Panacea Biotech and Orchid Chemicals leading the gains. India's third largest drugmaker by sales Sun Pharmaceutical Industries Ltd has announced the results for the quarter ended December 2013. During the quarter, the company's consolidated net sales increased by 50.3% YoY to Rs 42,866 m. At the operating level, the company reported a profit of Rs 20,009 m, a rise of 57% YoY. Operating profit margins expanded from 44.5% in 3QFY13 to 46.4% in 3QFY14. At the bottomline level, consolidated net profit for the quarter was higher by 73.7% YoY at Rs 15,311 m.

Oil & gas stocks have opened the day on a mixed note with Castrol India Ltd and Chennai Petroleum Corporation Ltd leading the gains. However, Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) area trading weak. BPCL has announced its financial result for the quarter ended December 2013. During the quarter, the company's net sales stood at Rs 647,676 m, marginally higher by 3.8% YoY. At the operating level, the company reported a loss of Rs 9,158 m during the quarter as against a profit of Rs 22,873 m in 3QFY13. Other income declined by 37.6% YoY to Rs 2,508 m. At the bottomline level, the company reported a net loss of Rs 10,889 m as against a net profit of Rs 16,476 m in 3QFY13.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary


What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Indian share markets open firm". Click here!

  

Related Views on News

BPCL Announces Quarterly Results (3QFY21); Net Profit Up 120.3% (Quarterly Result Update)

Feb 11, 2021 | Updated on Feb 11, 2021

For the quarter ended December 2020, BPCL has posted a net profit of Rs 28 bn (up 120.3% YoY). Sales on the other hand came in at Rs 866 bn (up 1.4% YoY). Read on for a complete analysis of BPCL's quarterly results.

BPCL 2019-20 Annual Report Analysis (Annual Result Update)

Oct 22, 2020 | Updated on Oct 22, 2020

Here's an analysis of the annual report of BPCL for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of BPCL. Also includes updates on the valuation of BPCL.

BPCL Announces Quarterly Results (4QFY20); Net Profit Down 143.6% (Quarterly Result Update)

Jun 4, 2020 | Updated on Jun 4, 2020

For the quarter ended March 2020, BPCL has posted a net profit of Rs 14 bn (down 143.6% YoY). Sales on the other hand came in at Rs 813 bn (down 3.2% YoY). Read on for a complete analysis of BPCL's quarterly results.

BPCL 2018-19 Annual Report Analysis (Annual Result Update)

Sep 5, 2019 | Updated on Sep 5, 2019

Here's an analysis of the annual report of BPCL for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of BPCL. Also includes updates on the valuation of BPCL.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps (Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Intraday Trading for a Living (Fast Profits Daily)

Feb 15, 2021

In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.

Top 5 Stocks Mutual Funds Bought and Sold in January 2021 (Sector Info)

Feb 16, 2021

A look at what India's top equity mutual funds bought and sold in January 2021.

I Would Recommend this Small-cap Stock Over Tesla (Profit Hunter)

Feb 16, 2021

Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE OIL & GAS


Feb 26, 2021 (Close)

S&P BSE OIL & GAS 5-YR ANALYSIS

COMPARE COMPANY

MARKET STATS