-Sensex ended 595 points higher at 32,200 and Nifty rose 175 points to 9,490.
-On the currency front, the rupee ended on a weaker note at 75.75 per dollar as compared to last closing of 75.72 per dollar.
-On a net basis, FIIs bought Rs 2,354.14 crore while the DIIs also bought Rs 144.83 in equities on Thursday
-India recorded the highest ever FDI equity inflow in FY20, which grew 13% (YoY) to $49.97 billion
Share Market LIVE: Sensex drops 300 points, Nifty at 9,415; Hindalco, Axis Bank top losers
Wipro: The IT firm has appointed Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6, 2020.
Vodafone Idea: As per media reports, Google is in talks to purchase a 5% stake in the company.
Reliance Industries (RIL): RIL's rights entitlement (RIL RE) surged 14% yesterday to close at Rs 230 on NSE. The RIL RE trading window closes today.
Yes Bank: The stock will not be available for trading in Futures & Options segment from today onwards.
Reserve Bank of India (RBI) has imposed a monetary penalty on Bank of India (Rs 5 crore), Karnataka Bank (Rs 1.20 crore) and Saraswat Co-operative Bank (Rs 30 lakh)
TVS Motors: The company reported a 43% fall in profit before tax at Rs 81.85 crore during the quarter ended March 31, compared to the same period last year. Company's revenue was down 20.5% (YoY) at Rs 3,418 crore in the January-March quarter of the current fiscal.
Federal Bank: The company reported a 22% fall in profit before tax at Rs 301 crore during the quarter ended March 31, 2020, as against Rs 381 during the same period last year. Company's NII gained 10% (YoY) at Rs 1,216 crore in the January-March quarter of the current fiscal as compared to Rs 1,095 crore in a year-ago period.
Prism Johnson: The company reported a net loss of Rs 45 crore during the quarter ended March 31, 2020, as against profit of Rs 45.5 crore, recorded in a year-ago period. Company's total income fell 15% (YoY) to Rs 1,483 crore in the January-March quarter of the current fiscal as compared to Rs 1,754 crore in a year-ago period.
Heidelberg Cement: The company reported a 9% gain in its net profit of Rs 66.3 crore during the quarter ended March 31, 2020, as against profit of Rs 61 crore, recorded in a year-ago period. Company's total income fell 6.2% (YoY) to Rs 510 crore in the January-March quarter of the current fiscal as compared to Rs 543 crore in a year-ago period.
Radico Khaitan: The company reported a 1.8% fall in profit at Rs 38 crore during the quarter ended March 31, 2020, as against Rs 39 crore, recorded in a year-ago period. Company's total income rose 15% (YoY) to Rs 585 crore in the January-March quarter of the current fiscal as compared to Rs 510 crore in a year-ago period.
CEAT: The company reported a 19% fall in profit at Rs 51.88 crore during the quarter ended March 31, 2020, as against Rs 64.25 crore, recorded in a year-ago period. Company's total income fell 10% (YoY) to Rs 1,573 crore in the January-March quarter of the current fiscal as compared to Rs 1,760 crore in a year-ago period.
Rain Industries: The company reported a 55% rise in profit at Rs 106.5 crore during the quarter ended March 31, 2020, as against Rs 68.81 crore, recorded in a year-ago period. Company's total income fell 9.3% (YoY) to Rs 2,897.6 crore in the January-March quarter of the current fiscal as compared to Rs 3,196.5 crore in a year-ago period.
Cadila: Company said its health's formulations manufacturing unit at Baddi ha recieved Establishment Inspection Report from the USFDA.
Earnings Today: Andhra Paper, Dilip Buildcon, Equitas, Everest Industries, Jubilant Life Sciences, KEC International, RCF, Lemon Tree, Metropolis, NCC, Symphony, V-Mart Retail, Voltas, Shipping Corporation of India among others will announce their Q3 results today.