On the day of expiry, there was a huge drop in the market. Sensex fell about 1200 points and Nifty lost 354 points. Mid cap and small cap all dominated selling. Banking, realty, metal stocks fell the most. There was also selling in pharma, FMCG and oil gas. The market has seen a big decline after April 12. The market closed at a 2-week low. Midcap, smallcap stocks declined. All sector indices of BSE were bullied. There was heavy selling in banking, realty, metal stocks. Pharma, FMCG and oil-gas stocks were also selling.
Sensex closed at 59,985 today, down 1169 points. Nifty closed 354 points down at 17857. Nifty Bank has closed 1365 points lower at 39,509. At the same time, the midcap has fallen 612 points and closed at 30,514.
The biggest movement in these stocks today
IndusInd Bank | CMP: Rs 1,172 | On the back of good results, today the stock has run more than 2 percent. On a year-on-year basis, the bank’s profit increased to a record Rs 1,146.7 crore in the second quarter of FY 2021-22 as against Rs 663.1 crore in the second quarter of the financial year 2020-21. At the same time, the company’s income increased from Rs 3,278 crore to Rs 3,658 crore.
IRCTC | CMP: Rs 923 | Shares of Indian Railway Catering and Tourism Corporation (IRCTC) jumped a record over 16 per cent in intraday following a stock split on Thursday. The company has split the stock in the ratio of 1:5 and the record date for this has been kept as October 29. The board of IRCTC had approved the stock split in a meeting held on August 12. 1:5 means that each share will be divided into five shares. This will reduce the value of the stock, making it easier for retail investors to buy and trade.
Adani Ports | CMP: Rs 691.05 | The stock has lost over 7 per cent today due to weak quarterly results. On a year-on-year basis, the company’s consolidated profit declined to Rs 951.7 crore in the second quarter of FY 2021-22 as against Rs 1,387 crore in the second quarter of FY 2020-21. At the same time, the company’s income increased from Rs 2,902.5 crore to Rs 3,532 crore.
ITC | CMP: Rs 225.15 | Today this stock has also broken more than 5 percent. ITC’s consolidated net profit grew 10% to Rs 3714 crore in the September quarter. ITC’s net profit in the corresponding quarter last year was Rs 3366 crore. On a quarter-on-quarter basis, the company’s net profit grew by 13% to Rs 3366 crore as compared to the June 2021 quarter. ITC’s net profit in the June quarter was Rs 3276 crore.
Marico | CMP: Rs 561.65 | Today this stock has also broken 2 percent. The company has released the results for the second quarter ended 30 September 2021. The company’s profit during this period stood at Rs 316 crore. Let us tell you that it was estimated to be at Rs 300 crore. In the second quarter of the last financial year, the company’s profit margin stood at Rs 273 crore. The company’s income in the second quarter stood at Rs 2,419 crore. However, it was estimated to be at Rs 2,375 crore. At the same time, in the second quarter of last year, the company’s income was Rs 1989 crore.
Bajaj Finserv | CMP: Rs 17,945 | This stock has also closed in the red mark today. In the second quarter, the company’s Conso profit has increased from Rs 986 crores to Rs 1122 crores and Kanso income has increased from Rs 1,5050 crores to Rs 1,8008 crores on a yearly basis.
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