In another transaction, PGIM India Mutual Fund bought 500,000 shares of Kirloskar Pneumatic at Rs. 397 apiece through a bulk deal on the BSE.
Total income also fell to Rs 1,059.22 crore in the second quarter of this fiscal year from Rs 1135.94 crore in the corresponding period of the previous year.
The maker of Coke and Thums Up soft drinks and Kinley water further reported a 28 per cent decline in net profit at Rs 443 crore during the same fiscal, a year severely impacted by the outbreak of the Covid-19 pandemic.
Tuesday is likely to see the levels of 18130 and 18190 acting as resistance points. The supports come in at 17980 and 17900 levels.
The Dow Jones Industrial Average rose 88.51 points, or 0.24 per cent, at the open to 36,416.46.
MSCI will announce the changes in constituents for the MSCI global standard indices on November 12. The final changes will take place on November 30.
The board has approved the issue of unlisted secured non-convertible redeemable debentures (NCDs) on a private placement basis. The size of the issue is Rs 140 crore in one or more tranches.
In September, the regulator permitted FPIs to write off shares of all the companies that they are unable to sell.
As another step towards market development, NSE also aligned its gold mini options expiry with its futures expiry with effect from November 2021, and in its first revised expiry it has seen an interest in market participants resulting in this delivery quantity.
Cement sector was largely ignored by investors after the second wave buying rush because of the uneven demand environment as well as rising pressure on margins. Cement companies faced high-cost pressures in the September quarter and were largely unable to pass on those costs to consumers due to a demand slack.
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