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.
Stay tuned for other updates on our website: CNBCTV18.com.
Download our mobile app for Android and iOS platforms
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.
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
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.
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)
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.
AstraZeneca at day's high