Share Market HIGHLIGHTS: Sensex drops 360 pts, Nifty settles at 21,353; TechM falls 6%

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CLOSING BELL | Market falls again after 1 day of gains; Sensex slips 360 pts, Nifty settles at 21,353

Share Market Tips LIVE | Buy Texmaco Rail, Orient Paper shares, says Vikas Sethi 

Vikas Sethi of Sethi Finmart recommends buying Texmaco Rail shares for a target of Rs 230 with a stop loss at Rs 204. Besides, he recommends buying Orient Paper shares for a target of Rs 62 with a stop loss at Rs 50.

Share Market Today LIVE: SBI Life Q3 net profit at Rs 322 crore, misses analysts' expectations

SBI Life Insurance Company (SBILIFE) reports a 5.8 per cent year-on-year increase in net profit to Rs 321.75 crore for the October-December period. 

Its quarterly net premium income grows to Rs 22,316.5 crore from Rs 19,170.8 crore a year ago, according to a regulatory filing. 

According to Zee Business research, the life insurer's quarterly net profit was estimated at Rs 400 crore and net premium earned at Rs 19,556 crore. 

Share Market Today LIVE: Selling pressure worsens in SBI Life shares after life insurance firm's Q3 results miss fall short of analysts' expectations

SBI Life Insurance Company (SBILIFE) shares extend intraday losses after the insurer reports a weaker-than-expected set of financial results. The stock is down about three per cent at Rs 1,369.3 apiece on BSE. 

Image: BSEIndia.com

Share Market Today LIVE: Hindustan Petroleum (HPCL) shares plunge after state-run oil marketing firm reports Q3 results

HPCL shares take a beating after the company reports worse-than-expected financial results for the October-December period, falling by as much as Rs 35.5, or 7.8 per cent, of Rs 417 apiece on BSE.

Its standalone net profit falls 85.3 per cent sequentially to Rs 239 crore as income increases 15.6 per cent to Rs 1,18,999.3 crore for the quarter ended December.

According to Zee Business analysts, HPCL was estimated to report a net profit of Rs 1,895 crore.

Image: BSEIndia.com

Share Market Today LIVE: HDFC Bank, ITC, Axis Bank, Bharti Airtel contribute most to Sensex's fall; NTPC, L&T, ICICI Bank lend support

Image: BSEIndia.com

Share Market Today LIVE | Strong outlook: Jefferies, Morgan Stanley remain upbeat on DLF after Q3 numbers 

Shares of DLF in Thursday’s trade (January 25) rally over 4 per cent to the day’s high of Rs 778.85 after the realty major posted a good set of numbers for the December quarter after market hours on Wednesday. For the December-ended quarter, the company’s consolidated net profit increased 26 per cent on-year to Rs 649 crore on lower expenses and higher income. The company’s net profit in the year-ago period stood at Rs 517.94 crore. Read more 

Share Market Today LIVE | Laurus Labs shares tank on weak Q3 results; is it a good time to sell the stock?  

Shares of Laurus Labs trade 7.67 per cent, or Rs 30.55, lower on the BSE at Rs 368 apiece after the pharmaceutical company posted weak third quarter (October-December) results on Wednesday. The market capitalisation of the company stands at Rs 19,833.94 crore.

Laurus Labs Q3 results 

On Wednesday, after market hours, the Indian pharmaceutical and biotechnology company posted a decline in profit after tax (PAT) of 88 per cent at Rs 25 crore for the December quarter against Rs 203 crore registered a year ago. Read more 

Share Market Today LIVE | Ace investor Rekha Jhunjhunwala adds stake in this multi-bagger realty stock: Check Details 

Ace investor Rekha Jhunjhunwala, wife of late Rakesh Jhunjhunwala, has increased her stake in small-cap realty player DB Realty. As per the statement showing the shareholding pattern of public shareholders as of the December quarter available on BSE, the investor held 1.5 crore equity shares, equating to a 2.99 per cent holding in the realty company. This was an increase of 1 per cent over the previous September-ended quarter, when the investor held 1 crore equity shares, or a 1.99 per cent stake in the firm.

Rekha, as per the latest shareholdings filed, publicly owns 25 stocks, and her total net worth is estimated at Rs 39,977 crore, Trendlyne data shows. Read more 

Share Market Today LIVE | Birlasoft hits a 52-week high after software firm delivers strong performance in December quarter 

Software company Birlasoft hit a 52-week high at Rs 841.5 on BSE after the firm registered a strong performance in its December-quarter results. 

Birlasoft Q3 results

The firm has witnessed a significant improvement in margins in the quarter under review. The company's consolidated profit after tax (PAT) jumped by 11 per cent to Rs 161 crore in the December quarter against Rs 145 crore in the September quarter. Read more 

Share Market Today LIVE | Nifty slips below 21,350, Sensex falls over 550 pts

Share Market Today LIVE | Concor stock dips despite Railway company reporting inline Q3 numbers

Container Corporation of India (Concor) shares trade Rs 13.5 or 1.61 per cent lower at Rs 827.55 on BSE despite the company reporting inline December-quarter numbers a day ago.The company's standalone profit after tax (PAT) jumped by 12.8 per cent to Rs 334.4 crore in the December quarter against Rs 296.5 crore Year-on-Year (YoY), below than Zee Business research estimates of Rs 347 crore. Read more 

Share Market Today LIVE | Tata Steel posts better-than-estimated Q3 result; here is what brokerages suggest 

Tata Steel shares trade flat, 0.11 per cent lower at Rs 135 after the Tata Group company posted better-than-expected Q3 FY24 results on Wednesday after market hours.

On Wednesday, after market hours, the steel maker recorded a consolidated net profit of Rs 522.14 crore in the October to December quarter of the current financial year, up from a massive Rs 2,501.95 crore loss in the same quarter of the previous fiscal, as strong domestic demand offset the losses that the company is facing in Europe. The profit was estimated at Rs 630 crore by Zee Business analysts. Read more 

Should you buy, sell, or hold Tata Steel shares?

CLSA maintained an 'outperform' rating of the stock with a target of Rs 145 apiece. Similarly, Morgan Stanley reiterated an 'equal weight' stance and gave a target price of Rs 120 apiece. Read more 

Share Market Today LIVE | Mazagon Dock shares surge 6% after Rs 1,070 crore deal with govt 

Shares of  Mazagon Dock Shipbuilders gain over 6 per cent to hit a high of Rs 2475 on the BSE. The surge in share price of of  Mazagon Dock Shipbuilders, which has a market cap of Rs 48,624 crore, comes after the company signed a contract worth RS 1,070 crore with the Ministry of Defence. The deal is for the delivery of 14 Fast Patrol Vessels (FPVs). Read more