Countering the lackluster trade witnessed throughout the day, benchmark indices soared during the last trading hour to hit new life-time highs on Tuesday. The S&P BSE Sensex edged towards the 42,000-mark to hit a high of 41,994, while the broader Nifty50 crossed the psychological level of 12,350 to hit 12,374.
Wipro on Tuesday posted a 2.17 per cent year-on-year (YoY) decline in its consolidated net profit at Rs 2,455.9 crore for the quarter ended December 31, 2019. Sequentially, the numbers slipped 3.79 per cent. In the year-ago period, the company had registered profit of Rs 2,510.4 crore.
Revenue for the company stood at Rs 15,470.5 crore, up 2.73 per cent YoY. It had posted revenue of Rs Rs 15,059.5 crore in the corresponding quarter of the previous fiscal. Wipro also announced dividend of Re 1 per equity share of par value Rs 2 each. January 27 has been fixed as the Record Date for the same. The payment of Interim Dividend will be made on or before February 4, 2020.
The 30-share benchmark index ended at 41952.63 up by 92.94 points or by 0.22 % and then NSE Nifty was at 12362.3 up by 32.75 points or by 0.27 %.
Sensex touched intraday high of 41994.26 and intraday low of 41770.9 The NSE Nifty touched intraday high of 12374.25 and intraday low of 12308.7
The top gainers of the BSE Sensex pack were Hero MotoCorp Ltd. (Rs. 2417.00,+2.15%), ITC Ltd. (Rs. 243.30,+1.74%), NTPC Ltd. (Rs. 123.55,+1.48%), Mahindra & Mahindra Ltd. (Rs. 562.95,+1.43%), Mahindra & Mahindra Ltd. (Rs. 797.00,+1.42%), among others.
The top losers of the BSE Sensex pack were IndusInd Bank Ltd. (Rs. 1481.10,-3.85%), Reliance Industries Ltd. (Rs. 1529.05,-0.93%), Kotak Mahindra Bank Ltd. (Rs. 1676.95,-0.84%), State Bank of India (Rs. 327.90,-0.82%), Larsen & Toubro Ltd. (Rs. 1326.00,-0.63%), among others.
Among the sectors, FMCG index was at 11823.14 up by 170.55 points or by 1.46%. Tata Global Beverages Ltd. (Rs. 389.40,+10.34%), Avanti Feeds Ltd. (Rs. 649.10,+5.67%), Godrej Industries Ltd. (Rs. 570.25,+4.75%), Waterbase Ltd. (Rs. 152.95,+4.30%), S H Kelkar & Company Ltd. (Rs. 118.05,+3.33%),.
_Bankex index was at 36538.86 down by -142.06 points or by -0.39%. YES Bank Ltd. (Rs. 38.55,-8.43%), IndusInd Bank Ltd. (Rs. 1481.10,-3.85%), Kotak Mahindra Bank Ltd. (Rs. 1676.95,-0.84%), State Bank of India (Rs. 327.90,-0.82%), RBL Bank Ltd. (Rs. 356.60,-0.43%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2907 , shares advanced were 1598 while 1131 shares declined and 178 were unchanged.