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Jan 23, 2019

Jan 22, 2019

Sensex continues to trade flat, Nifty above 10,900; metal stocks gain

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Market opens It is a flat start for the market on Wednesday morning, with the Nifty holding 10,900.
All sectoral indices are giving mixed trends, with gains visible among consumption and pharmaceuticals, while automobiles are showing minor signs of pressure. 
The Sensex is up 23.88 points or 0.07% at 36468.52, and the Nifty up 2.10 points or 0.02% at 10924.90. The market breadth is positive as 273 shares advanced, against a decline of 114 shares, while 36 shares were unchanged.
Yes Bank and Asian Paints were the top gainers, while Infosys, Hero MotoCorp, and Vedanta have lost the most.
Source:https://www.moneycontrol.com/news/business/markets/market-live-sensex-continues-to-trade-flat-nifty-above-10900-metal-stocks-gain-3422411.html

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TVS Motor Q3 profit rises 15% YoY at Rs 178.4 crore; revenue rises 26% YoY

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TVS reported a rise of 15 percent (year-on-year) in its net profit for December quarter at Rs 178.4 crore. The company had reported a profit of Rs 154.4 crore during the corresponding quarter of last year.
The company reported revenue growth of 26 percent for the quarter under review at Rs 4,664 crore against Rs 3,703.1 crore last year.
At an operating level, the earnings before interest, taxes, depreciation and amortization (EBITDA) grew to Rs 375.7 crore a jump of 25 percent from Rs 300.5 crore during the previous year.
The operating margin is reported at 8.1 percent against 8.12 percent last year.
At 13:18 hrs TVS Motor Company was quoting at Rs 545.20, up Rs 7.15, or 1.33 percent, on the BSE. It touched an intraday high of Rs 551.10 and an intraday low of Rs 520.60.

Source:https://www.moneycontrol.com/news/business/markets/tvs-motor-q3-profit-rises-15-yoy-at-rs-178-4-crore-revenue-rises-26-yoy-3419381.html

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Jan 21, 2019

Sensex down over 100 points, Nifty around 10,900; Sun Pharma up 3%

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Market opens It’s a negative start to the market on Tuesday morning, with the Sensex falling around 100 points. The Nifty is below 10,950-mark. 
Weakness is visible among automobiles, banks, energy, IT and metal names, while Nifty Pharma index is trading higher. Gains in Sun Pharma are leading the charts for Nifty Pharma. The Nifty Midcap index is down around 0.25 percent. 
The Sensex is down 98.12 points or 0.27% at 36480.84, while the Nifty is lower by 35.90 points or 0.33% at 10926.00. The market breadth was narrow as 209 shares advanced, against a decline of 178 shares, while 38 shares were unchanged.
Sun Pharma and Kotak Mahindra Bank are the top gainers, while Axis Bank, M&M, Hindalco and TCS lost the most
Rupee Opens: The Indian rupee opened marginally higher at 71.22 per dollar on Tuesday versus 71.28 Monday.
Source:https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-sensex-down-over-100-points-nifty-around-10900-sun-pharma-up-3-3417771.html

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