Another depressing day for the Indian stock market in this week. After losing about 1,126 points since the last week close, the market today opened with a positive gap of 104 points and it continued the rally for some time, and touched the day high of 20,026. However it could not hold its neck high and slipped into negative terrain. It lost around 382 points from the days high and finally ended the day on a negative note.
BSE Sensex lost 167.29 points or 0.84% ot trade at 19,700.82. Nifty lost 22.25 points or 0.38% to trade at 5,913.20.
Though the market has once gain ended the day in red, the market breath remained positive. Total of 2003 companies advanced while 883 declined, among the total 2,877 stocks de at the BSE.
Among gainers, ITC, Grasim Industries, Maruti Suzuki, L&T tops the chart. On the other hand Ambuja Cement, DLF, RIL, ICIC BANK, Ranbaxy and REL led the decline.
Result Announced:
Reliance Industries (RIL) announced 2.89 times rise in net profit after tax at Rs 80,790 million for the third quarter ended December 2007 as compared to Rs 27,990 million for the quarter ended December 2006.
Total Income has increased 31.37% to Rs 348,310 million for the quarter ended December 2007 from Rs 265,140 million for the quarter ended December 2006.
Ranbaxy Laboratories announced today the substantial rise of 53% in net profit to Rs 7,901 million in FY07, compared with previous year.For the year, the company recorded sales of Rs 66,353 million, registering a growth of 9% over FY06.
The consolidated profit after tax of Indiabulls Financial Services jumped 80.31% to Rs 1,639 million in Q3 of FY 08 from Rs 909 million in Q3 of FY 07 and consolidated total revenues went up 98.1% to Rs 4,535 million in Q3 of FY08 from Rs 2,289 million in Q3 of FY 07, considering the demerger of Indiabulls Securities.
BSE Sensex lost 167.29 points or 0.84% ot trade at 19,700.82. Nifty lost 22.25 points or 0.38% to trade at 5,913.20.
Though the market has once gain ended the day in red, the market breath remained positive. Total of 2003 companies advanced while 883 declined, among the total 2,877 stocks de at the BSE.
Among gainers, ITC, Grasim Industries, Maruti Suzuki, L&T tops the chart. On the other hand Ambuja Cement, DLF, RIL, ICIC BANK, Ranbaxy and REL led the decline.
Result Announced:
Reliance Industries (RIL) announced 2.89 times rise in net profit after tax at Rs 80,790 million for the third quarter ended December 2007 as compared to Rs 27,990 million for the quarter ended December 2006.
Total Income has increased 31.37% to Rs 348,310 million for the quarter ended December 2007 from Rs 265,140 million for the quarter ended December 2006.
Ranbaxy Laboratories announced today the substantial rise of 53% in net profit to Rs 7,901 million in FY07, compared with previous year.For the year, the company recorded sales of Rs 66,353 million, registering a growth of 9% over FY06.
The consolidated profit after tax of Indiabulls Financial Services jumped 80.31% to Rs 1,639 million in Q3 of FY 08 from Rs 909 million in Q3 of FY 07 and consolidated total revenues went up 98.1% to Rs 4,535 million in Q3 of FY08 from Rs 2,289 million in Q3 of FY 07, considering the demerger of Indiabulls Securities.
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