Sensex Today Trades Lower | Nifty Below 24,350 | Aarti Industries Down 10%

Tue, 13 Aug 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Asian stocks climbed, with equity benchmarks in Japan rising after a holiday as a weaker yen is seen providing support for exporters.

MSCI's Asia-Pacific stock index traded at its highest level since Aug. 5, after its recovered from last week's rout.

US stocks declined marginally on Monday after opening higher as investors brace for a deluge of economic data including consumer price inflation.

Here's a table showing how US stocks performed on Monday:

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	163.95	-1.44	-0.87%	166.7	163.55	193.3	121.46
Apple	217.53	1.54	0.71%	219.51	215.6	237.23	164.08
Meta	515.95	-1.82	-0.35%	518.02	509.1	542.79	274.39
Tesla	197.49	-2.51	-1.25%	199.26	194.67	278.97	138.8
Netflix	633.14	-0.8	-0.13%	639	627.07	697.47	344.73
Amazon	166.8	-0.14	-0.08%	168.55	166.11	201.2	118.35
Microsoft	406.81	0.79	0.19%	408.76	404.24	468.35	309.45
Dow Jones	39357.01	-140.53	-0.36%	39587.06	39251.72	41376	32327.2
Nasdaq	18542.03	28.92	0.16%	18665.75	18433.61	20691	14058.3

Source: Equitymaster

At present, the BSE Sensex is trading 77 points lower and NSE Nifty is trading 11 points lower.

Cipla, Nestle and ICICI Bank among the top gainers today.

BPCL, Tata Motors and HDFC Bank the other hand are among the top losers today.

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.

Broader markets are trading on positive. The BSE Midcap index is trading flat and the BSE Smallcap index is trading 0.4% higher.

Sectoral indices are trading mixed today, with stocks in power sector and FMCG sector witnessing buying speer. Meanwhile, stocks in banking sector and financial sector witnessed selling pressure.

The rupee is trading at Rs 83.96 against the US dollar.

In commodity markets, gold prices are trading marginally lower at Rs 70,700 per 10 grams 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...

Speaking of the stock market, Indian Pharma companies have been at the receiving end of increased enquiries from the US pharma companies that could potentially be a big business opportunity.

Richa Shah, Research Analyst at Equitymaster in her latest video talks about why biosecurity Act could be a potential shot in the arm for pharma stocks

Tune into below video for more details.

IRFC Q1 Results

Shares of Indian Railways Finance Corporation Ltd. (IRFC) will be in focus on Tuesday after the company reported its June 2024 quarter results on Monday evening, which were mostly flat on a year-on-year basis.

The railway financier reported revenue of Rs 67.7 bn, which is a growth of 1.4% from the revenue of Rs 66.7 bn that it reported in the same quarter of last year.

IRFC's net profit too remained flat on a year-on-year basis, coming in at Rs 15.8 bn, compared to Rs 15.5 bn last year.

The state-run company is yet to disclose metrics on its asset quality.

IRFC's revenue and net profit remained flat on a year-on-year basis for the June quarter but while revenue was higher compared to the March quarter, the net profit declined.

IRFC had earlier declared a final dividend of Rs 0.7 per share and has fixed 22 August 2024, as the record date to determine the eligibility of shareholders.

IRFC and its peers like RVNL, IRCON and RailTel were in focus earlier in the day after The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved eight projects of the Ministry of Railways with a total estimated cost of Rs 246.6 bn on Friday.

These projects are slated to be completed by the financial year 2030 - 2031.

The company is the financing arm of the Indian Railways. It's a Government of India enterprise under the Ministry of Railways.

Wipro's Leadership Exodus Continues

Wipro, one of India's leading IT companies, has announced the resignation of its Chief Technology Officer (CTO), Subha Tatavarti. According to an exchange filing, Tatavarti will step down from her role at the close of business hours on 16 August 2024 to explore opportunities outside the company.

Tatavarti joined Wipro in March 2021, bringing a wealth of experience from her previous role at Walmart, where she played a pivotal role in leading product, technology development, and commercialisation of enterprise infrastructure, including key areas such as security, data science, and edge platforms.

Tatavarti's resignation follows a series of high-profile exits from Wipro this year.

In May, the company's Chief Operating Officer (COO) Amit Choudhary resigned, citing a desire to pursue opportunities outside the organisation.

Hindustan Copper Q1 Revenue Jumps 33%

State-run Hindustan Copper Ltd., in which the government holds a 66.1% stake at the end of the June quarter reported quarterly earnings for the April-June period to which the stock will react on Tuesday.

For the June quarter, Hindustan Copper's net profit surged to Rs 1.1 bn from Rs 470 m last year. This is despite higher employee expenses, power and fuel costs and lower other income.

The bottom line was aided by an increase in revenue, which grew by 33% from the same period last year to Rs 4.9 bn.

However, on a sequential basis, revenue and net profit are down from levels of Rs 5.7 bn and Rs 1.2 bn respectively.

Hindustan Copper's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased to Rs 1.9 bn from RS 832 m. The EBITDA figure was also down from Rs 2.1 bn that the company reported in the March quarter.

EBITDA margin expanded to 38.2% from 22.4% last year and 36.8% in the March quarter.

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