News Details
Category : Market
Headline : Sensex falls 111 pts, Nifty at 11904; Sun TV Network surges 11%
Date: 11/02/2019 14:41
The equity benchmark indices remained under pressure and continued to fall in the late afternoon session on Monday. The shares of Sun TV Network have rallied 11 per cent to Rs 577 per share on Monday in an otherwise weak market after the company reported net profit growth of 32 per cent at Rs 351 crore in December 2018 quarter (Q3FY19), on back of healthy revenue growth. The company’s revenue was up 32 per cent at Rs 904 crore over the previous year quarter.

At 14:26 hours, the SENSEX was trading at 36435.17 down by -111.31 points or by -0.3 per cent and then NSE Nifty was at 10904.1 down by -39.5 points or by -0.36 per cent. The BSE Sensex touched intraday high of 36588.41 and intraday low of 36300.48 The NSE Nifty touched intraday high of 10930.9 and intraday low of 10857.1.

The top gainers of the BSE Sensex were Tata Steel Ltd. (Rs. 482.35,+2.73%), Tata Consultancy Services Ltd. (Rs. 2080.55,+0.86%), Coal India Ltd. (Rs. 220.40,+0.85%), Maruti Suzuki India Ltd. (Rs. 7196.00,+0.70%), Power Grid Corporation of India Ltd. (Rs. 181.65,+0.67%), among others.

The top losers of the BSE Sensex were Mahindra & Mahindra Ltd. (Rs. 654.25,-4.21%), Oil And Natural Gas Corporation Ltd. (Rs. 139.95,-2.47%), Reliance Industries Ltd. (Rs. 1256.00,-1.67%), Bajaj Finance Ltd. (Rs. 2659.55,-1.66%), Hero MotoCorp Ltd. (Rs. 2887.75,-1.52%), among others.

Among sectors, IT index was at 15703.39 up by 79.32 points or by 0.51%. Subex Ltd. (Rs. 5.92,+4.96%), Rolta India Ltd. (Rs. 3.97,+4.75%), Brightcom Group Ltd. (Rs. 2.92,+4.29%), D-Link (India) Ltd. (Rs. 75.00,+2.39%), MindTree Ltd. (Rs. 911.95,+2.11%),. On the flip side, HCS index was at 13729.49 down by -253.45 points or by -1.81%. Apollo Hospitals Enterprise Ltd. (Rs. 1106.95,-12.07%), Thyrocare Technologies Ltd. (Rs. 502.75,-8.51%), Dr. Reddy's Laboratories Ltd. (Rs. 2615.75,-5.65%), Hester Biosciences Ltd. (Rs. 1349.40,-5.53%), Laurus Labs Ltd. (Rs. 331.00,-4.72%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2719, shares advanced were 828 while 1734 shares declined and 157 were unchanged.