Page 19 - Prashanth Tapse News Today

Q3 Results Today: Mahindra & Mahindra, NMDC, Muthoot Finance, The Fertilisers and Chemicals Travancore, Gland Pharma, Sun TV Network, Aditya Birla Fashion, and Retail, Glenmark Pharmaceuticals are among the top companies scheduled to release their quarter 3 2024 results on February 14

The broader market lagged since last week, with Nifty midcap and small cap down 3.5% and 6% respectively. Except for IT and pharma, all other sectors fell, dragged down by financials, metal, and oil & gas.

Q3 Results Today: Several major companies are set to report their earnings today, including Siemens, Hindalco Industries, Eicher Motors, BHEL, IRCTC, Bosch, Info Edge (India), Oil India, Deepak Nitrite, National Aluminium Company, NBCC, Hindustan Copper, KIOCL, and Zee Entertainment Enterprises

Stock market today: Nifty 50 rose 127 points, or 0.59 per cent, to end at 21,743.25 while the Sensex closed at 71,555.19, up 483 points, or 0.68 per cent.

​Led by the downside in private bank stocks, Nifty slipped 0.33% lower and broadly consolidated in the 21,600–22,000 range during the week. PSU banks outshined with SBI leading with a 12% upside in just five days.

Apeejay Surrendra Park Hotels IPO: Analysts expect the shares to list at a 20-25 percent premium over the IPO price

BSE Sensex fell 724 points to close at 71,428.43 and the NSE Nifty plunged by 213 points to settle at 21,717.95 on nervous selling.

Market breadth was in favour of losers. About 2,509 shraes declined, 1,329 advanced and 94 were unchanged

BSE Sensex rose 167.06 points, or 0.23 per cent to close at 71,595.49. NSE's Nifty50 jumped 64.55 points, or 0.30 per cent, to end the session at 21,782.50.

Bargain-hunting and value-buying is likely as investors will be selective after the record rally in recent months, Prashanth Tapse of Mehta Equities Ltd has said