Stock market LIVE updates: The Indian benchmark indices fluctuated between good points and losses in morning affords of Monday’s unstable session, with good points in financials being offset by losses in index-heavyweight Reliance Industries.
The S&P BSE Sensex hovered around 48,770 ranges, having earlier risen to 49,010 ranges in intra-day affords. The broader Nifty50 index used to be sorting out the 14,450-mark. Reliance Industries dipped 4 per cent submit the announcement of its December quarter outcomes. The conglomerate noticed its earnings soar 12.5 per cent to Rs 13,101 crore throughout the acknowledged quarter. Besides, Asian Paints and HCL Tech also slipped 2 per cent, every. Alternatively, UltraTech Cement climbed 2 per cent and used to be the pause Sensex gainer.
The Nifty sectoral indices had been blended, with the Nifty PSU Monetary institution index trading 2 per cent lower.
In the broader markets, the S&P BSE MidCap and SmallCap indices slipped 0.9 per cent and 1.7 per cent, respectively.
Results at present time
A entire of 41 companies, including Larsen & Toubro, Aarti Treatment, and APL Apollo Tubes, are slated to declare their December quarter numbers at present time.
Analysts at HDFC Securities forecast a 71.5 per cent sequential increase in Larsen and Toubro’s consolidated web earnings at Rs 1,980 crore for the quarter under review. READ MORE
CATCH ALL THE LIVE UPDATES