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Sensex ends flat after volatile trade; Nifty below 14,700; FMCG shares climb - Vimarsana News

Sensex ends flat after volatile trade; Nifty below 14,700; FMCG shares climb

Equity indices ended near flat line on Friday. The Nifty bounced from the day's low of 14,591.90 and ended above 14,670 mark. Barring the Nifty FMCG index, all the sectoral indices on the NSE were in the red. Gains were capped amid worries over the economic impact of the second wave of COVID-19 due to lockdowns and restrictions in various states. The S&P BSE Sensex, rose 41.75 points or 0.09% at 48,732.55. The Nifty 50 index declined 18.7 points or 0.13% to 14,677.80. Asian Paints (up 8.51%), Larsen & Toubro (up 2.21%) and Reliance Industries (up 1.22%) supported the indices. In broader mark...

Benchmarks trade with minor losses - Vimarsana News

Benchmarks trade with minor losses

Key indices traded with tiny losses in mid morning trade. The Nifty was trading below the 14,700 mark. Barring the Nifty FMCG index, all sectoral indices on the NSE were trading in the red. At 11:23 IST, the barometer index, the S&P BSE Sensex, was down 4 points or 0.01% at 48,686.98. The Nifty 50 index declined 25.4 points or 0.17% to 14,671.60. In broader market, the S&P BSE Mid-Cap index was down 0.67% while the S&P BSE Small-Cap index fell 0.59%. The market breadth was positive. On the BSE, 1411 shares rose and 1384 shares fell. A total of 163 shares were unchanged. COVID-19 Update: Tota...

Westlife Development gains on turnaround Q4 performance - Vimarsana News

Westlife Development gains on turnaround Q4 performance

Westlife Development rose 1.64% to Rs 428.70 after the company reported a consolidated net profit of Rs 2.09 crore in Q4 FY21 as against a net loss of Rs 16.66 crore in Q4 FY20. Total revenue increased by 6.3% year-on-year (YoY) to Rs 357.59 crore during the quarter, despite regulatory headwinds, lockdowns, curfews and capacity limitations witnessed across markets. The company also reported a positive same-store sales growth (SSSG) of 10.5%. Sales were driven by an almost complete recovery in dine-in and an impressive 142% growth across the company's convenience channels. Revenues from McDeli...

Sensex, Nifty end flat after volatile session - Vimarsana News

Sensex, Nifty end flat after volatile session

Equity indices ended near flat line on Friday. The Nifty closed below the 14,700 mark. Barring the Nifty FMCG index, all the sectoral indices on the NSE were in the red. Metal shares corrected sharply. As per the provisional closing data, the S&P BSE Sensex, rose 41.75 points or 0.09% at 48,732.98. The Nifty 50 index declined 18.7 points or 0.13% to 14,677.60. Asian Paints (up 8.44%), UPL (up 7.4%), ITC (up 4.82%) and Nestle India (up 2.95%) supported the benchmarks. In broader market, the S&P BSE Mid-Cap index tumbled 1.14% while the S&P BSE Small-Cap index fell 1.18%. Sellers outpaced buye...

Westlife Development fourth quarter loss narrows to Rs 6 crore - Vimarsana News

Westlife Development fourth quarter loss narrows to Rs 6 crore

It had posted a net loss of Rs 25.26 crore in January-March period a year ago. The company owns Hardcastle Restaurants - the master franchisee of McDonald's restaurants for West and South India. Its revenue from operations stood at Rs 357.58 crore, up 6.31 per cent from Rs 336.35 crore in March quarter 2019-20, Westlife Development said in a BSE filing. The company said it registered an increase in revenue from operations despite regulatory headwinds, lockdowns, curfews and capacity limitations witnessed across markets. "Sales were driven by an almost complete recovery in dine-in and an ...