ECONOMY ANALYSIS:
Sun TV Network Q1 net unchanged at Rs 164 cr, sales up 41%
Jubilant FoodWorks Q1 net profit up 5% to Rs 34 cr
Siemens posts Q3 loss at Rs 49 cr on provision for projects
Bajaj Corp Q1 net profit up 25% to Rs 47cr
JSW Steel's Q1 net loss at RS 220cr on higher forex loss
MARKET ANALYSIS:
The S&P BSE Sensex today ended 153 points lower, extending its losing run to eighth straight session, on heavy selling in metals, power and PSUs shares, amid the rupee again breaching the 61-mark against the dollar.
The Sensex, which had lost 986 points in last seven days, fell further by 153.17 points, or 0.79 per cent to 19,164.02. The eight day losing streak is the blue-chip index's longest in four months. On a weekly basis, Sensex was down 3 per cent.
The broad-based National Stock Exchange index Nifty fell by 49.95 points, or 0.87 per cent to 5,677.90. Also, SX40 index, the flagship index of MCX-SX, closed at 11418.73, down 107.86 points or 0.94 per cent.
Power Grid Corporation plunged by 11.56 per cent to Rs 91.05 after saying it would sell new shares to raise funds.
The realty sector index suffered the most by losing 4.01 per cent to 1,213.70, followed by power index by 3.77 per cent to 1,418.43. Metal index dropped 3.65 per cent to 6,509.56 and capital goods index by 1.55 per cent to 8,012.35.
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