Domestic equity markets opened in red on Tuesday on the back of weak global markets. Sensex opened 65.60 points down at 27,296.36.(Photo: PTI)
10.02 am: Housing finance major HDFC was down over 2 per cent after it posted moderate growth in profit for the second quarter of 2015-16 fiscal. Sensex was down 97 points at 27,264.
9.51 am: The rupee was marginally down by three paise at 64.99 against the dollar in early trade on Tuesday due to month-end demand for the US currency from importers.
9.38 am: Nestle India stocks were trading up 0.66 per cent at Rs 6,377 after the company said on Monday that it has resumed manufacturing of its instant noodles Maggi at three of its India facilities.
9.24 am: Crompton Greaves has received an approval for sale of company’s Power Systems Business in Canada to PTI Holdings Corporation in a structured deal for an enterprise value of Canadian $20 million subject to post-closing adjustments. The Committee of Directors at its meeting held on October 26, 2015 has approved for the same. Shares of Crompton Greaves were trading 0.96 per cent up at Rs 184.95. Sensex was down 89.23 points at 27,272.73
9.16 am: Sensex was down 109.1 points at 27,252. Share price of Maruti Suzuki was up around 1 per cent in the opening trade. The company will announce its Q2 results on Tuesday.
Domestic equity markets opened in red on Tuesday on the back of weak global markets. Sensex opened 70.90 points down at 27,291.06. Nifty opened 30.2 points down at 8,230.35.
Markets in Asia slipped from their highest levels in two months, as investors stayed cautious at the start of the US Federal Reserve’s two-day policy meeting. US stocks ended Monday’s session mostly lower as renewed weakness in energy shares weighed on Wall Street.
Maruti Suzuki, Axis Bank, Lupin, Dish TV, CEAT, Coromandel International, Alembic Pharma, Thermax, Strides Arcolab, TVS Motor, Tata Comm and Vedanta to announce their results Tuesday.
On Monday, the BSE Sensex declined by 108.85 points or 0.40 per cent to 27,361.96, while the CNX Nifty lost 34.90 points or 0.42 per cent to 8,260.55.
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