homemarket NewsStock Market Highlights: Sensex ends 465 pts higher and Nifty50 reclaims 17,500 as market extends gains to 2nd day

Stock Market Highlights: Sensex ends 465 pts higher and Nifty50 reclaims 17,500 as market extends gains to 2nd day

Stock Market Highlights: Sensex ends 465 pts higher and Nifty50 reclaims 17,500 as market extends gains to 2nd day
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Summary

Stock Market Highlights: Indian equity benchmarks BSE Sensex and NSE Nifty50 extended gains to a second straight session on Monday, as Dalal Street entered a four-session trading week. Gains across most sectors powered the upmove in headline indices, with financial, auto and metal shares being the biggest contributors. The Nifty Midcap 100 and Nifty Smallcap 100 indices rose 0.3-0.4 percent, reflecting the overall gain in the market. The stock market will remain shut on Tuesday for Muharram.

Thank you, readers! That's all from CNBCTV18.com's live market coverage on August 8, 2022. The market will be closed for Muḥarram on Tuesday, and resume trade on Wednesday. 

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Aug 8, 2022 4:49 PM

Bharti Airtel net profit falls 20% to Rs 1,607 crore in Apr-June, misses Street estimates

Analysts in a CNBC-TV18 poll had estimated the telecom major's quarterly net profit at Rs 2,472 crore. 

Bharti Airtel's average revenue per user (ARPU) — a key measure of profitability for telecom operators — improved to Rs 183 for the April-June period, as against Rs 146 for the corresponding period a year ago. 

Stock Market Highlights: Sensex ends 465 pts higher and Nifty50 reclaims 17,500 as market extends gains to 2nd day
Aug 8, 2022 4:48 PM

Rupee ends lower at 79.66 vs dollar

On Friday, the rupee had settled at 79.23 against the greenback.

Stock Market Highlights: Sensex ends 465 pts higher and Nifty50 reclaims 17,500 as market extends gains to 2nd day
Aug 8, 2022 3:53 PM


Market Ends With Gains, Rises To A 4-Month High

Sensex & Nifty Rise Nearly 1%, Nifty Ends Above 17,500

Reliance, HDFC Twins Lead Market Higher While SBI & Infosys Drag

SBI & BPCL Top Nifty Losers On Weaker-than-expected Q1 Earnings

Britannia & HUL End With Cuts As Palm Oil Rises 6%

Adani Ports Slips 0.5% In The Last Hour Following Earnings Report

MGL Ends More Than 4% Higher After Earnings In-line With Estimates

HPCL Slips Nearly 5% After Company Reports Loss Of `10,197 Cr

Marico Ends 1% Higher On In-line Earnings & +Ve Mgmt Commentary

Petronet LNG 2.5% Lower Following Margin Loss Of 300 bps

NMDC Surges 2% Following Earnings Above Estimates

Paytm Ends 6.5% Higher After Company Reports Loss Below Estimates

Sensex Rises 465 Points To 58,853 & Nifty 127 Points To 17,525

Nifty Bank Gains 316 Points To 38,237 & Midcap Index 107 Points To 30,366

Market Breadth Favours Advances, Advance-Decline Ratio At 1:1

Stock Market Highlights: Sensex ends 465 pts higher and Nifty50 reclaims 17,500 as market extends gains to 2nd day
Aug 8, 2022 3:47 PM

Overweight financial space, added to our porisions heading into earnings season: Trideep Bhattacharya 

Trideep Bhattacharya, CIO-Equities at Edelweiss AMC, believes that domestic cyclicals are the way to be if earnings are bottoming out.

"If domestic cyclicals are going to do well, along with the economy, lenders or lending financials are likely to do better as well. So reflective of these views, we have taken an increasingly positive look on financials over the last couple of months," he tells CNBC-TV18.

Aug 8, 2022 3:35 PM

Power stocks gain as Electricity Amendment Bill introduced in parliament amid protests

The Indian power stocks were on a rise on Monday as the central government today introduced the Electricity (Amendment) Bill, 2022 in the Lok Sabha amid protests by opposition parties. At 12:47 pm the S&P BSE Power index climbed 1.48 percent to 4765.2 on the BSE. (Read more here)

Aug 8, 2022 3:11 PM
Aug 8, 2022 2:59 PM
Aug 8, 2022 2:51 PM

Paytm shares scale 5-month peak as Street puts faith in path to profitability

After market hours on Friday, Paytm reported revenue of Rs 1,679.6 crore for the April-June period, as against Rs 890.8 crore for the corresponding period a year ago. The Paytm stock surged by as much as Rs 52.9 or 6.7 percent to Rs 836.5 apiece on BSE — its highest intraday level since February 23.

Aug 8, 2022 2:32 PM
Stock Market Highlights: Sensex ends 465 pts higher and Nifty50 reclaims 17,500 as market extends gains to 2nd day
Aug 8, 2022 2:11 PM
Aug 8, 2022 2:03 PM

AstraZeneca at day's high

Aug 8, 2022 1:46 PM
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Stock Market Highlights: Sensex ends 465 pts higher and Nifty50 reclaims 17,500 as market extends gains to 2nd day
Aug 8, 2022 1:04 PM

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