Today in intraday market Bears took the charge of Dalal Street in last hour of trade.
The Sensex tanked 373.68 points or 1.44 percent to 25521.29 and the Nifty
plunged 109.55 points or 1.42 percent to 7611.75. About 1045 shares have
advanced, 1727 shares declined, and 100 shares are unchanged. Steel major JSW
Steel beat street expectations on every parameter (except total income) on
Friday.
Shares of Union Bank of India rallied 7 percent intraday after it announced April-June quarter earnings. The state-owned lender surpassed street expectations with the net profit rising 18.5 percent year-on-year at Rs 664 crore in first quarter led by lower provisions but impacted by lower other income and higher tax cost.
Shares of Union Bank of India rallied 7 percent intraday after it announced April-June quarter earnings. The state-owned lender surpassed street expectations with the net profit rising 18.5 percent year-on-year at Rs 664 crore in first quarter led by lower provisions but impacted by lower other income and higher tax cost.
Profit in the corresponding quarter of last fiscal was Rs
560.2 crore.Shares of Thomas Cook surged to record high at Rs 148.90 per
share, up 20 percent intraday, driven by positive sentiment as its parent
company reported an eighth straight quarterly profit jump. Sterling Holidays,
too, hit record high at Rs 158.80 per share.
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