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MCX Q3 PAT spurts 29% to Rs 72 cr

Multi Commodity Exchange of India consolidated net profit rises 29 21% in the December 2020 quarter

Biocon, SBI Cards, Bajaj Holdings to be watched

Biocon reported a 16.86% fall in consolidated net profit to Rs 168.60 crore on a 5.33% rise in total income to Rs 1,878.90 crore in Q3 December 2020 over Q3 December 2019. SBI Cards & Payment Services reported a 51.77% slide in net profit to Rs 209.66 crore on a 0.91% fall in total income to Rs 2,539.77 crore in Q3 December 2020 over Q3 December 2019. Bajaj Holdings & Investment reported a 23.26% rise in consolidated net profit to Rs 1,149.58 crore on a 21.4% rise in total income to Rs 1,210.91 crore in Q3 December 2020 over Q3 December 2019. Indian Energy Exchange reported a 39.46% rise in consolidated net profit to Rs 58.14 crore on a 38.42% rise in total income to Rs 96.09 crore in Q3 December 2020 over Q3 December 2019.

Sensex plunges 746 pts, Nifty ends below 14,400

The benchmark indices slumped on Friday, dragged by heavy selling in banks and financial stocks. The Nifty gave up the crucial 14,400 mark. Negative global cues triggered profit booking in domestic shares. As per the provisional closing data, the S&P BSE Sensex, tumbled 746.22 points or 1.5% at 48,878.72. The Nifty 50 index dropped 218.45 points or 1.5% at 14,371.75. The broader market tumbled. The S&P BSE Mid-Cap index fell 1.19% while the S&P BSE Small-Cap index slipped 1.04%. Sellers outnumbered buyers. On the BSE, 984 shares rose and 1,996 shares fell. A total of 137 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 1,614.66 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 1,039.48 crore in the Indian equity market on 21 January 2021, provisional data showed.

Stocks in Focus on January 22: Indigo Paints IPO, Biocon, Indian Energy Exchange, InfoEdge to Asian Paints; here are the 5 Newsmakers of the Day

Stocks in Focus on January 22: Indigo Paints IPO, Biocon, Indian Energy Exchange, InfoEdge to Asian Paints; here are the 5 Newsmakers of the Day © Provided by Zee Business Domestic stock markets corrected sharply on Thursday, January 21, 2021, after the Sensex hit the 50,000-mark in intra-day trade; while the Nifty posted another intra-day record high. The Sensex at the Bombay Stock Exchange ended with a loss of 167 points, or 0.3 per cent, at 49,625. The Nifty dropped 54 points, to trade at 14,590. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Friday, January 22, 2021. List of such five stocks:

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