December 14, 2024 19:23 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Pushpa 2 stampede: Allu Arjun walks out of jail, actor's lawyer slams delay in release | Donald Trump intends to end 'inconvenient' and 'very costly' Daylight Saving Time | Suchir Balaji: Indian-origin former OpenAI researcher found dead at US apartment | Bengaluru techie suicide: Karnataka Police issues summons to wife Nikita, her family members | French President Macron appoints centrist leader Francois Bayrou as new Prime Minister | Congress always prioritised personal interest over Constitution: Rajnath Singh | Jaishankar calls attack on Hindus in Bangladesh 'a source of concern' | Allu Arjun arrested over woman's death in stampede during Pushpa 2 premiere show | RBI receives bomb threat in Russian language, case filed | UP teenager kills mother, lives with body for 5 days

Key Indian benchmarks end positive but fails to cling to its intraday gains

| | Jan 25, 2016, at 11:17 pm
Mumbai, Jan 25 (IBNS): The Indian benchmarks could not hold on to the gains seen during Monday's intraday trade and the Sensex ended up 50 points at 24,486 and the Nifty up 14 points at 7,436, largely due to dip in oil prices and weak global cues.

Oil prices that had rallied on Friday, dipped on Monday.

The Indian market is also exercising caution ahead of expiry of January derivative contracts.

For its December quarter, HDFC Bank reported a 20% gain in profit compared to the same quarter in 2015; results matching analysts' expectations.

Share price of SpiceJet rose 11%after it posted a net profit of Rs 238.4 crore in December 2015 quarter against a loss of Rs 275 crore in the year-ago period.

ICICI Bank, Sun Pharma, ONGC, HUL, Coal India and Tata Steel were some of the key gainers while L&T, Tata Motors, Hero MotoCorp, Lupin, GAIL and M&M were some of the key losers.

The Indian rupee ended Monday at 67.73 to the US dollar.

The Indian market will be closed on Tuesday for Republic Day holiday.

 

 

Image: Wikimedia Commons

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.