Nifty
falls by 0.1% and ended May series below 8350; Vedanta, Tata Motors up Overall
in the May series, Nifty was up 1.7 percent while Sensex jumped 1.8 percent.
CNX IT index rallied 4 percent, Oil & Gas was up 3.4 percent, Pharma
gained 2.7 percent. The market ended May F&O series flat on a
corporate earnings heavy day. The Nifty closed down 15.60 points at 8319
while the Sensex slipped 57.95 points at 27506. now the market needs one big
push from the FIIs.Indian markets were volatile
also because of F&O expiry as traders roll over positions in the
futures & options (F&O) segment from May 2015 series to June
2015 series. 20 stocks on the Sensex
closed the day in red. Sectorally, healthcare index was the top loser, down
1.31%.Tata Motors was the top gainer on Sensex, up about 3%. Cipla was the top
loser, down nearly 3%.
TODAY
RESULTS
Bharat
Petroleum Corporation 's up by 2.3% and net profit slumped 30 percent to Rs 2853 crore in
the quarter ended March 30, 2015 compared to Rs 4068.4 crore in corresponding
quarter last fiscal. During the period, its total income also fell 31.3 percent
at Rs 51,346 crore versus Rs 74,775 crore on a yearly basis.
Bank of
India falls by 5.9 % and have disappointed street on Thursday with the
fourth quarter net loss of Rs 56.1 crore against profit of Rs 557.5 crore in
the year-ago period despite tax write back of Rs 773 crore. Higher provisions,
lower operating profit and net interest income dented the bottom line but other
income supported.
Hindalco
Industries falls by 1.7% and the profit falling 36 percent year-on-year to Rs 159.5
crore in the quarter ended March 2015, impacted by exceptional item, higher
finance cost and tax outgo. Total turnover, which beat street expectations,
grew by 11 percent Y-o-Y Rs 9,371.3 crore in Q4 compared to Rs 8,434.2 crore
owing to aluminum business capacity expansion.top gainers and losers are:
|
Sectors
|
Change
%
|
Top
Gainer/losers
Company |
|
Tobacco
Products
|
1.18
%
|
ITC
|
|
Capital
Goods - Electrical Equipment
|
1.14
%
|
B
H E L
|
|
Paints/Varnish
|
1.07
%
|
Asian
Paints
|
|
Cement
|
0.90
%
|
UltraTech
Cem.
|
|
Refineries
|
0.67
%
|
B
P C L
|
|
Textiles
|
-1.87
%
|
Grasim
Inds
|
|
Pharmaceuticals
|
-1.49
%
|
Cipla
|
|
Non
Ferrous Metals
|
-1.46
%
|
Hindalco
Inds.
|
|
FMCG
|
-1.34
%
|
Hind.
Unilever
|
|
Telecomm-Service
|
-1.14
%
|
Bharti
Airtel
|
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