Stock market closed: The pressure was seen in the market on the first day of the MPC meeting. Nifty closed down 89 points at 17,765, Nifty Bank down 125 points at 41,375 and Sensex closed down 335 points at 60,507. Out of 50 Nifty stocks, 34 closed in the red and 16 closed in the green. Out of 12 shares of Nifty Bank, 8 closed in red and 4 in green. There was buying in 7 stocks of Sensex while there was selling in 23. Pressure was seen in Pharma and Auto stocks. Midcap, Smallcap indices closed with gains today. Slight gains were seen in PSE, PSU Bank, and Realty Index. Selling was seen in metal, energy, and IT stocks.
Nifty Losers
Nifty Winners
Hike in Vodafone Idea shares
The shares of Vodafone Idea are hiked by 24.82% and the stock is trading at a price of Rs 8.55. The Central Government has approved the purchase of 33% shares of the company in lieu of the loan given to the company. The government will purchase 1,613 crore shares at Rs 10 each.
Weak start of the European market
The European market is showing a decline. UK’s FTSE is trading at 7,857 with a decline of 0.56%. France’s CAC is trading at 7,170 with a decline of 0.87%. At the same time, Germany’s DAX is trading at 15,359 with a decline of 0.76%.
Thyrocare Q3 ( YoY)
Profit down by 44% to Rs 13 crore
Income up by 6% to Rs 26 Rod
Ebitda down by 28% to Rs 13 crore
Ebitda margin declined from 32.7% to 22.1%
FADA January Data (YoY)
Passenger vehicle sales up 22% to 3.40 lakh units
Two-wheeler sales up 10% to 12.65 lakh units
Commercial vehicle sales are up by 16% to 82,428 lakh units
Three-wheeler sales up 59% to 65,796 lakh units
Tractor sales are up by 8% to 73,156 units
Rupee Opens 58 paise Weak
The rupee opened at a one-month low, losing 58 paise to 82.41/$ against 81.83.
To read more such news, download Bharat Express news apps
