Stock Market Highlights: NIFTY, SENSEX nosedive amid foreign fund outflows, caution ahead of earnings season
5 min read | Updated on January 06, 2025, 15:42 IST
SUMMARY
Benchmark equity indices SENSEX and NIFTY settled in red on Monday amid fresh foreign fund outflows and caution ahead of the earnings season beginning this week. SENSEX declined 1,258 points to 77,964, while NIFTY slumped 1.62% to 23,616.
NIFTY, SENSEX nosedive amid foreign fund outflows, caution ahead of earnings season
Benchmark equity indices SENSEX and NIFTY settled in red on Monday amid fresh foreign fund outflows and caution ahead of the earnings season beginning this week. SENSEX declined 1,258 points to 77,964, while NIFTY slumped 1.62% to 23,616.
In the NIFTY50 space, Tata Steel, Trent, BPCL, NTPC and Adani Enterprises fell the most.
January 06, 2025, 15:42 PM
Titan registers 24% growth in Q3 on strong festive demand
Tata group firm Titan Company Ltd on Monday said it registered a year-on-year (YoY) growth of 24% on a standalone basis in Q3 FY25 buoyed by strong festive demand, especially in the jewellery segment.
January 06, 2025, 15:10 PM
ITC shares adjust after hotels biz demerger
ITC shares settled at ₹455.60 on the NSE at the end of a special session on Monday for the price discovery of its hotels business.
At the BSE, it settled at ₹455. Demerger of ITC's hotel business came into effect from January 1, 2025, and the record date for shareholders was January 6, 2025.
January 06, 2025, 13:26 PM
Cipla launches mobile app for asthma screening
Drug firm Cipla on Monday launched a mobile application designed to enable the first line of asthma screening in India.
The CipAir mobile app will initially launch on Android, followed by iOS devices.
January 06, 2025, 12:20 PM
Macrotech Developers Q3 sales bookings rise 32% to ₹4,510 crore
Realty firm Macrotech Developers Ltd on Monday reported a 32% surge in its sales bookings to ₹4,510 crore for the quarter ended December 2024 on account of better demand for its residential properties.
Its sales bookings stood at ₹3,410 crore in the year-ago period.
January 06, 2025, 11:34 AM