Stock Market Update: Amid mixed global signals, flat trading is being seen in the domestic stock market. In today’s trading, both the Sensex and Nifty indices are in the green. The Sensex is up by 22 points and is trading at the level of 59,853.59.
While Nifty is trading 10 points higher at the level of 17741. Mixed trends are being seen in the business. Bank and financial stocks are under pressure today. While the Nifty Auto Index has gained more than 1 percent. IT, Pharma and Metal indices are in green, while Realty and FMCG indices are in red.
Mixed trend is being seen in heavyweight stocks. 15 stocks of Sensex 30 are in green mark and 15 are in red mark. Today’s top gainers include MARUTI, DRREDDY, ICICIBANK, TECHM, M&M. Whereas the top losers include INDUSINDBK, POWERGRID, HUL, Axis Bank.
The company’s profit grew 19.6 per cent year-on-year to Rs 2,616 crore in the September quarter. Revenue has increased by 15.9% to 14,751 crores. EBITDA also increased by 7.8 per cent to Rs 3,377 crore.
The profit of RBL Bank has increased by 6.5 times year-on-year to Rs 201.55 crore in the September quarter. Provisions have decreased. Net interest income increased by 16 per cent to Rs 1,064 crore. An increase of 49 bps was seen in the margin. Gross NPA has reduced by 28 bps on a quarterly basis.
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