Sensex Today Ends 20 Points Lower | Nifty Below 23,000 | Nazara Technologies Zooms 11%

Mon, 27 May Closing

   Previous Close   

   Pre-Open   

   10:30 am   

After opening the day marginally higher, Indian share turned muted as the session progressed and ended the day flat.

Benchmark S&P BSE Sensex, and the Nifty50 hit fresh record highs for a third straight day on Monday.

At the closing bell, the BSE Sensex stood lower by 20 points.

Meanwhile, the NSE Nifty closed lower by 25 points (down 0.1%).

Axis Bank, Adani Ports and IndusInd Bank among the top gainers today.

Adani Enterprises, Wipro and ONGC on the other hand, were among the top losers today.

The GIFT Nifty was trading at 23,023, down by 17 points, at the time of writing.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list

The BSE MidCap index ended 0.6% higher and BSE SmallCap index ended flat.

Sectoral indices are trading mixed with socks in realty sector, banking sector and finance sector witnessing most buying. Meanwhile stocks in power sector and metal sector witnessed selling pressure

Shares of Bosch, Trent and Thermax hit their respective 52-week highs today.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

The rupee is trading at 83.13 against the US$.

Gold prices for the latest contract on MCX are trading 0.6% higher at Rs 71,674 per 10 grams.

Meanwhile, silver prices were trading 1.6% higher at Rs 92,025 per 1 kg.

Speaking of stock market, Research Analyst, Richa Agarwal, in her latest video talks that While data is the new gold, the data center ecosystem could be the goldmine to strike it rich.

Tune in for list of stocks to ride this opportunity.

Why Affle India Share Price is Rising

In news from the IT sector, shares of Affle India shares gained 6% to Rs 1,304 in the afternoon on 27 May after the company reported a record quarterly revenue run-rate, EBITDA, and net profit in the fourth quarter.

The company reported a 40% year-on-year increase in consolidated net profit for the March quarter (Q4FY24) at Rs 875 m, up from Rs 620 m in the same period last year. Sequentially, the net profit rose 14% from Rs 768 m in the December quarter.

The company's revenue from operations surged by 42% to Rs 5.1 bn in Q4FY24 as compared to Rs 3.6 bn a year ago.

For FY24, the company's net profit rose to 21.5% to Rs 2.9 bn, compared to Rs 2.4 bn reported at the end of FY23.

Affle provides mobile advertisement services through information technology and software development services for mobiles in India and abroad.

Affle(India) Share Price - 1 Year Performance

For more details, check out CE Info Systems to Affle India: AI Revolution Puts These Deep Tech Stocks in Limelight.

Glenmark Pharma Hits 52-week High

Moving on to news from the pharma sector, shares of Glenmark Pharma soared 8.5% to hit a 52-week high of Rs 1,123.9 on 27 May as the management's upbeat growth guidance offset the drugmaker's weak quarterly performance.

After reporting weak earnings for the January-March quarter of FY24, the company's management stated that it is targeting double-digit profit growth and revenue growth of 10-11% for FY25.

In addition, the management also guided that its EBITDA margin will expand further to 19% in FY25. For context, the drugmaker's EBITDA margin stood at 16.5% in Q4 of FY24, up from 13.3% in the year-ago period.

Glenmark Pharma's net loss widened on year to Rs 12.4 bn for the March quarter from a net loss of Rs 5.5 bn in the same period a year ago.

The company bore the brunt of an impairment of Rs 21 bn related to nebuliser/ oral solid dosage within the Monroe facility, Rs 11 bn related to the de-prioritisation of certain intangibles of Glenmark Specialty and Rs 3 bn related to the US Department of Justice Settlement, Anti-trust division settlement costs, and remediation costs of manufacturing sites in the US.

Glenmark's Monroe facility received a warning letter from the US Food and Drug Administration back in June 2023.

Paras Defence Zooms 8%. Here's Why.

Moving on to news from the defence space, shares of Paras Defence and Space Technologies witnessed a surprising uptick of over 8% on 27 May after the company's consolidated net profit jumped 63.8% to Rs 960 m in Q4FY24 as compared with Rs 586 m in the previous quarter.

Its revenue from operations increased by 24.2% QoQ to Rs 796.9 m in the under review.

Paras Defence and Space Technologies offers high-precision products and turnkey solutions to the defence and space sector, operating in three main verticals defence and space optics, defence electronics solutions, and heavy engineering.

As of 31 March, the Government of India held a 58.9% stake in the company.

On a year-on-year (YoY) basis, however, Paras Defence's net profit declined. The company reported a decline of 7.3% year-on-year in net profit for the quarter at Rs 99.7 m. Its net sales saw a surge of 22.4% YoY to Rs 796.9 m.

The FY24's financials painted a more subdued picture for Paras Defence, with net profit declining by 11.1% YoY to Rs 320.6 m, down from Rs 360.7 m in FY23.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

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