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  5. Stock Market Highlights: Markets close lower; NIFTY50 down 0.7%, SENSEX sheds 580 points

Stock Market Highlights: Markets close lower; NIFTY50 down 0.7%, SENSEX sheds 580 points

Upstox
By Upstox News Desk

5 mins read | Updated on August 08, 2024, 17:06 IST

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SUMMARY

Benchmark indices closed lower on Thursday, with NIFTY50 down 0.7% and SENSEX shedding 580 points. In the NIFTY50 space, 41 stocks declined. LTIMindtree, Grasim and Asian Paints were among the top losers.

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  1. Bharat Forge Q1 net profit declines 18% to ₹175 crore

    Bharat Forge on Thursday said its consolidated net profit declined 18% to ₹175 crore in the June 2024 quarter.

    The diversified firm reported a net profit of ₹214 crore during the April-June quarter of last fiscal.

    BHARATFORG
    --

    August 08, 2024, 16:17 PM

  2. Stock Market Live Updates: Markets close lower; NIFTY50 down 0.7%, SENSEX sheds 580 points

    Benchmark indices closed lower on Thursday, with NIFTY50 down 0.7% and SENSEX shedding 580 points. In the NIFTY50 space, 41 stocks declined. LTIMindtree, Grasim and Asian Paints were among the top losers.

    LTIM
    --
    GRASIM
    --
    ASIANPAINT
    --

    August 08, 2024, 15:39 PM

  3. MRF net profit dips to ₹571 crore in June quarter

    Tyre maker MRF on Thursday said its consolidated net profit declined by 3% year-on-year to ₹571 crore for the first quarter ended June 30, 2024.

    The company had reported a net profit of ₹589 crore in the April-June quarter of last fiscal.

    MRF
    --

    August 08, 2024, 15:06 PM

  4. Gujarat Pipavav Port shares rise over 7% as Q1 net profit jumps 62%

    Gujarat Pipavav Port Ltd (APM Terminals Pipavav) shares rallied more than 7% on Thursday, August 8, after the company reported stellar growth in net profit in the June quarter of FY25. Read more.
    GPPL
    --

    August 08, 2024, 14:54 PM

  5. Gokaldas Exports falls 7% after Q1 net profit declines 16.5%

    Gokaldas Exports on Thursday plummeted 7% after the company reported a 16.5% year-on-year (YoY) decline in its Q1 net profit to ₹27.2 crore. The company’s total consolidated income for the quarter jumped 79.9% YoY to ₹939.7 crore. Shares of Gokaldas Exports were trading at ₹937.35 per share.
    GOKEX
    --

    August 08, 2024, 14:31 PM