Closing Bell: Nifty ends above 11,450, Sensex up 92 points; BPCL, Bajaj Finance top gainer

Oct 16, 03:43 PM (IST)
Transformers and Rectifiers (India) has received orders for supply of transformers aggregating to Rs 158 crore.

Oct 16, 03:37 PM (IST)
Market close: Benchmark indices continued their upward momentum for the fourth consecutive day on October 16 with Nifty ended above 11,450 level.

At close, the Sensex was up 92.90 points at 38,598.99, and the Nifty was up 43.25 points at 11,471.55

BPCL, Bajaj Finance, Zee Entertainment and Grasim Industries were among major gainers on the Nifty, while losers were Hero MotoCorp, Vedanta, Hindalco and Asian Paints.

Oct 16, 03:29 PM (IST)
Rupee at day’s high: The Indian rupee has recovered from the intraday low and trading at day’s high level at 71.40 per dollar. It touched a low of 71.71 per dollar.

Oct 16, 03:12 PM (IST)
Kokuyo Camlin surges 13% post Q2 nos: Share price rose 13 percent on October 16 after the company reported 100 percent jump in its September quarter net profit. The company’s Q2 net profit doubled at Rs 2 crore against Rs 1 crore in the same quarter last year.

Meanwhile, revenue of the company was down 3.9 percent at Rs 136.4 crore versus Rs 142 crore.

Oct 16, 02:52 PM (IST)
Federal Bank Q2 slips 3% post Q2 nos: Shares of Federal Bank slipped over 3 percent on October 16 despite company reported a healthy 56.7 percent year-on-year growth in September quarter profit, driven by other income and lower tax cost, but provisions remained elevated.

Oct 16, 02:31 PM (IST)
DB Corp Q2: Consolidated net profit up 63.5% at Rs 75.5 crore against Rs 46.1 crore, revenue down 8.7% at Rs 531.4 crore versus Rs 582.1 crore, YoY.

Oct 16, 02:24 PM (IST)
PNC Infratech bags order: Share price of PNC Infratech added 4 percent on October 16 after company bagged an order of Rs 1,062 from ​National Highways Authority of India (NHAI).

Source : http://tiny.cc/h7bmez

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