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SENSEX down 100 pts, NIFTY50 trades above 23,700 in morning trade; Asian Paints tumbles 5% on weak Q3 numbers
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3 min read | Updated on February 05, 2025, 10:22 IST
SUMMARY
At 10:19 AM, the S&P BSE SENSEX was trading at 78,454.84 levels, down 128.97points or 0.16%, while the NSE's NIFTY50 index was trading at 23,744.25, up 5 points, or 0.02%.
Stock list
As many as 37 stocks on the NIFTY50 index were trading in the green and 14 in the red.
At 10:19 AM, the S&P BSE SENSEX was trading at 78,454.84 levels, down 128.97points or 0.16%, while the NSE's NIFTY50 index was trading at 23,744.25, up 5 points, or 0.02%.
As many as 37 stocks on the NIFTY50 index were trading in the green and 14 in the red.
The top five gainers on the index were BPCL, IndusInd Bank, ONGC, Hindalco, and Tata Motors.
The top five losers were Asian Paints, Nestle India, Tata Consumer Products, and Titan Company.
Stocks in news
Asian Paints on Tuesday reported a decline of 23.5% in consolidated net profit at ₹1,128.43 crore for the third quarter ended December 2024 amid downtrading due to muted demand and weak festive season.
The company had logged a net profit of ₹1,475.16 crore during the October-December period a year ago.
Its revenue from operations slipped 6% to ₹8,549.44 crore. In the year-ago period, it stood at ₹9,103.09 crore.
The company is slated to release its financial results for the quarter ended December 31, 2024 (Q3 FY25).
Broader Market
The BSE MidCap index was trading at 43,492.73 levels, up 417.51 points, or 0.97%, while the BSE SmallCap index was trading at 50,472.99, up 671.92 points, or 1.35%.
Sector Watch
Barring FMCG, auto, and consumer durable stocks, all other indices were trading in the green.
The biggest gainers were oil & gas, followed by energy indices.
The BSE OIL & GAS index was trading at 25,407.41, up 459.29 points, or 1.84%.
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