Indian Indices Continue Downtrend, Key Q2FY19 Results, and Top Stocks in Action Today

Wed, 24 Oct Pre-Open

   Previous Close   

   09:30 am   

   12:30 pm   

   Closing   

Share markets in India continued their downtrend yesterday and ended in red. Sectoral indices traded in red, with stocks in the IT sector and healthcare sector leading the losses.

At the closing bell yesterday, the BSE Sensex stood lower by 287 points (down 0.8%) and the NSE Nifty closed down by 98 points (down 1%). The BSE Mid Cap index ended down 0.9%, while the BSE Small Cap index ended down by 1.2%.

Top Stocks in Focus Today

In the news from the pharma space, Cadila healthcare share price will be in focus today as the company has received the final approval from the US Food and Drug Administration (USFDA) to market Clobazam Tablets, (US RLD-ONFI Tablet), 10 mg and 20 mg.

To know more about the company, you can access Cadila Healthcare Q1FY19 result and Cadila healthcare 2017-18 Annual Report on our website.

In the news from the aviation sector, SpiceJet share price will also be in focus today as the company sought a three-month extension from a leasing company for making payments on aircraft leases as a delay in delivery of 737 Max planes by Boeing Co. has caused liquidity issues at the budget airline.

Market participants will also be tracking Sunteck realty share price.

Reportedly, the company has launched Phase I of its project Sunteck West World at Naigaon and has sold more than 2000 apartments out of the total inventory of 2476 apartments in Phase I with the sales of more than Rs 6 billion.

Results Corner

TVS Motors share price has reported results for the second quarter ended September 30, 2018.

The company reported a marginal fall of 0.9% in its net profit at Rs 2.1 billion as compared to 2.2 billion for the same quarter in the previous year.

Bajaj Finance share price has reported 54% rise in its September quarter profit at Rs 9.2 billion as compared to Rs 5.9 billion in the same quarter previous year.

Consolidated net interest income (NII) for the company came in at Rs 27.3 billion for the above quarter, up 42%. This was against Rs 19.2 billion reported in the same quarter last year.

RBL bank share price has reported 35.8% rise in its net profit at Rs 2.1 billion for second quarter ended September 30, 2018 as compared to Rs 1.5 billion for the same quarter in the previous year.

Total income of the bank increased by 34.8% at Rs 18 billion for Q2FY19 as compared Rs 13.3 billion for the corresponding quarter previous year.

Asian paints share price reported 14.4% fall in its consolidated net profit at Rs 4.9 billion as compared to Rs 5.8 billion for the same quarter in the previous year.

From the IPO Space...

In the news from the IPO space, Affle India and Dodla dairy have received market regulators go ahead to float their initial share-sale offerings.

Affle India's IPO comprises fresh issue of shares worth Rs 0.9 billion while Dodla dairy's IPO comprises fresh issue of shares worth Rs 1.5 billion.

With this the total number of companies getting market regulators approval has reached 64 so far this year.

With so many IPOs set to hit the markets, we at Equitymaster believe a merit-based selection, primarily including valuation, business, and management quality, is the logical way to go about investing in IPOs. If it means going against the herd, so be it. And going by recent past, this strategy has been proven to be successful more often.

To know how to safely profit from the ongoing IPO rush, download this FREE report now and discover How to Get Rich with IPOs.

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

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers