After a rough session, market has end even as the Sensex is
upward 33.83 points or 0.1 % at
26350.17, and the Nifty upward 12.60 points or 0.2 % at 8126.90. About 1659
shares have advanced, 934 shares declined, and 173 shares are unchanged.
Bharti Airtel, Adani Ports, Hero MotoCorps, ONGC and ITC are
top gainers in the Sensex while SBI,
ICICI Bank, Lupin, M&M and TCS are top
losers.
At 2:59 pm the Sensex
was above 73.14 points at 26389.48 and the Nifty gained 22.35 points at
8136.65. About 1626 shares advanced against 895 declining shares on the BSE.
At 2:50 pm State-run oil looking at company Oil India has
reported earnings of Rs 580.3 crore in July-September quarter, losing 17.8 %
compared with Rs 705.7 crore in year-ago period. Revenue during the quarter
declined 7.9 percent year-on-year to Rs 2,331.4 crore and other income was also
down 9.3 percent to Rs 389.5 crore.
EBITDA (earnings before interest, tax, depreciation and
amortisation) fell 9 % to Rs 836.5 crore and margin contracted by 40 basis
points to 35.9 %.
The company said it board of directors today has recommended
issue of bonus shares in the ratio of one bonus share for every three shares
held.
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