Benchmark indices ended marginally lower in the volatile session with Nifty finished June F&O series below 10,300 level.
At close, the Sensex was down 26.88 points or 0.08% at 34842.10, and the Nifty was down 16.40 points or 0.16% at 10288.90. About 1477 shares have advanced, 1130 shares declined, and 158 shares are unchanged.
ITC, Hero MotoCorp, Bajaj Finance, Kotak Mahindra Bank and HUL were among major gainers on the Nifty, while losers were Asian Paints, Hindalco Industries, IOC, Adani Ports and Shree Cements.
Among sectors, except FMCG and pharma other indices ended lower, while BSE Midcap and Smallcap indices ended higher.
Gold prices zoomed to Rs 50,405 per 10 grams as the safe haven asset hit new highs.
The Indian markets are likely to open gap-down today after a steep fall in the US markets overnight. The SGX Nifty was trading at 10,183, over 115 points down from yesterday’s close of Nifty futures. Meanwhile, the International Monetary Fund’s downgrade to global economic projections will remain a key risk for the markets today while volatility is also expected to remain high today since it being the scheduled expiry of June series derivative contracts.
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Sensex was down 26.88 points or 0.08% at 34842.10, and the Nifty was down 16.40 points or 0.16% at 10288.90. About 1477 shares have advanced, 1130 shares declined, and 158 shares are unchanged.
ITC, Hero MotoCorp, Bajaj Finance, Kotak Mahindra Bank and HUL were among major gainers on the Nifty, while losers were Asian Paints, Hindalco Industries, IOC, Adani Ports and Shree Cements.
A meeting of the capital raising committee (CRC) of whole time directors of the Bank of Baroda is scheduled to be held on 30.06.2020 to consider raising of capital funds through issue of capital debt instruments.
The company showed strong & similar earning trends to other fuel retailers. Company expects to run its refineries to near full by July end and expects fuel price hikes to continue to maintain marketing margins, reported CNBC-TV18.
Aditya Birla Fashion and Retail has decided to issue equity shares on rights basis in the ratio of 9:77, i.e 9 partly paid up equity shares for every 77 equity shares held. Issue price is at Rs 110 per share.
Issue will be open on July 8, 2020 and will close on July 22, 2020.
It opened marginally lower at 75.75 per dollar against previous close of 75.72.
Shares of United Breweries skidded over 2 percent a day after the company reported a 39.27 percent decline in its consolidated net profit to Rs 41.82 crore for the March quarter of FY20. The company had posted a net profit of Rs 68.87 crore during the January-March quarter of the previous financial year, UBL said in a regulatory filing.
The public sector lender on June 24 posted a loss of Rs 3,259.33 crore for the quarter ended March 2020. The bank had reported loss of Rs 551.53 crore in year-ago period. Lower net interest income, pre-provision operating profit and elevated provisions affected the bank’s performance.
Bharti Infratel share price was down 5 percent on June 25 following the board's decision to extend the deadline for merger with Indus Towers by over two months till August 31.
Sensex was down 303.72 points or 0.87% at 34565.26, and the Nifty was down 89.40 points or 0.87% at 10215.90. About 421 shares have advanced, 812 shares declined, and 45 shares are unchanged.
IndusInd Bank, Bajaj Finance, Axis Bank, Infosys and Power Grid Corp are among major losers on the Sensex in the early trade.
Diesel price crossed Rs 80 in Delhi for the first time on June 25, retailing at Rs 80.02 per litre, up by 14 paise compared to June 24. This makes diesel the more expensive fuel for the second consecutive day as petrol prices touched Rs 79.92 per litre – a 32 paise increase from June 24.