Produced by: Aseem Thapliyal Designed by: Manoj Kumar
The domestic equity market was trading lower on Tuesday. Sensex fell 534 points to 70,889 and Nifty fell 170 pts to 21,401.
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, “In the short-term, sentiments influence the market more than other factors. Investors should remember that sentimental impact cannot last long. Tensions in West Asia and the Red Sea are areas of serious concern. If something goes wrong, the market will be impacted since valuations are high. Therefore, even when optimistic, investors should be cautious."
Shares of telco Bharti Airtel hit a record high of Rs 1172.50 in early trade today despite a correction in the broader market. Total 1.16 lakh shares of Airtel changed hands amounting to a turnover of Rs 6.51 lakh crore.
Shares of IRFC saw the highest turnover of Rs 683.71 crore today with 394.02 crore shares changing hands on BSE. IRFC stock slipped 9.97% to Rs 158.80 against the previous close of Rs 176.39 on BSE. Market cap of the firm fell to Rs 2.15 lakh crore on BSE.
Shares of Persistent Systems zoomed 9% to a record high of Rs 8716.65 today after the firm announced its Q3 earnings. Market cap of the firm climbed to Rs 63,586 crore on BSE. Total 0.58 lakh shares of the firm changed hands amounting to a turnover of Rs 48.83 crore on BSE. The IT firm reported a 20.2 percent rise in net profit to Rs 286.1 crore year-on-year in Q3.
Texmaco Rail stock slipped 11% to Rs 193.80 in the afternoon session today. Market cap of the firm fell to Rs 7540.26 crore on BSE. Total 8.42 lakh shares of the firm changed hands amounting to a high turnover of Rs 17.22 crore on BSE. The railway sector stock was among the top losers on BSE.
Shares of RailTel slipped over 13% to Rs 383 on BSE today . The stock was among the top losers on BSE. A total of 11.52 lakh shares of the firm changed hands amounting to a high turnover of Rs 46.66 crore on BSE. Market cap of the bank fell to Rs 12,519 crore.
Shares of Cipla rose over 7% to a record high of Rs 1424.65 today against the previous close of Rs 1312.60 on BSE. Shares of Cipla saw the turnover of Rs 27.88 crore today with 1.99 lakh shares of the firm changing hands on BSE. Cipla shares rallied due to a 32% surge in its third-quarter profit to Rs 1,056 crore.
Shares of Zee Entertainment fell 30 per cent to Rs 162.25 on Tuesday , hitting its new 52-week low mark. Market capitalisation of the firm slipped to Rs 16,223 crore as Sony India terminated merger deal with the Indian media firm.
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