1:30
pm Result: Maruti Suzuki missed street
expectations with the third quarter net profit rising 18 percent year-on-year
to Rs 802 crore.
Revenue
increased 15.4 percent to Rs 12,576 crore during October-December quarter
compared to Rs 10,894 crore in the year-ago period.
The
India's largest car maker sold 3.23 lakh units during the quarter, up 12
percent compared to 2.88 lakh units sold in the same quarter last fiscal.
Don't
miss: Max India at new high ahead of board meet to decide rejig
The
market is still firm as the Sensex is up 79.21 points at 29358.05. The Nifty is
up 12.40 points at 8848.00. About 1249 shares have advanced, 1433 shares
declined, and 252 shares are unchanged.
Cipla,
ICICI Bank, Axis Bank, Tata Motors and Maruti Suzuki are top gainers in the
Sensex. Among the losers are Dr Reddy's Labs, Coal India, Infosys, M&M and
Hindalco.
Gold
prices fell sharply by Rs 264 to Rs 27,600 per tens in futures trade today amid
a weak trend overseas and profit-booking by speculators. Analysts said besides
profit-booking by speculators, a weak trend in the overseas markets before
Federal Reserve policy makers meet, weighed on gold prices at futures trade
here.
Globally,
gold dropped 0.7 percent to USD 1,272.44 an ounce Singapore today, the lowest
level since January 19.
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