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Defence stock ends session 8% higher even as Sensex, Nifty drop amid profit booking

Defence stock ends session 8% higher even as Sensex, Nifty drop amid profit booking

What's behind this

Benchmark indices Sensex and Nifty ended lower on Friday, snapping a three‑day rally as investors priced in a possible RBI policy rate hike after retail inflation rose to 6.09 % in October. The 30‑share BSE Sensex fell 318.56 points, about 0.39 %, to 81,592.45, while the Nifty slipped below 25,150, closing near 25,144.30. Selling pressure in banking, financial, realty and metal stocks, together with rising crude‑oil prices that revived inflation concerns, weighed on the market. All sectoral indices closed in the red, and defence‑related stock Apollo Micro Finance rose roughly 8 % despite the broader decline.

AI-generated overview from 8 outlets. It summarises their reporting and adds no reporting of its own.

RSS excerpt

Even as benchmark indices tumbled amid profit booking, shares of technology-based defence company Apollo Micro Finance ended the session nearly 8 per cent higher. The stock closed at Rs 475.45, up Rs 34.95, or 7.93 per cent, from the previous close of Rs 440.50. The market cap of the company stood…

Coverage arrived over 95 hours. First from The Hindu, latest from The Hindu.

High Corroboration 17 news outlets reporting

How this event was covered

First reported by The Hindu at 11:28 UTC on 09 Nov.

Coverage ran for about 2 days.

Across 2 desks: business, india.

All 17 newsrooms, and who owns them

Compare all reporting outlets (17)

  2. 9 hours later
  3. The Times of India Bennett, Coleman & Co.

    Sensex has rallied nearly 12%: Is it time to relook at your investment strategy?

    There has been a sudden turnaround in sentiment since late October and Indian equities have seen a series of upgrades in the last few days from global brokerages as well. What’s brought this about? And importantly, what should your strategy be as an investor? Which sectors will be in focus going…

    Compare on Varta → Read at The Times of India ↗
  4. 34 hours later
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  9. The New Indian Express Express Publications (Madurai) Ltd.

    Markets fall in early trade after 3-day rally; Sensex tumbles 460 points

    MUMBAI: Equity benchmark indices Sensex and Nifty slumped in early trade on Friday amid profit-taking after a three-day rally and anticipation of a policy rate hike by the RBI next month after retail inflation surged to 6.09 per cent in October. The 30-share BSE Sensex tumbled 460 points to…

    Compare on Varta → Read at The New Indian Express ↗
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  23. India TV Independent News Service Current article

    Defence stock ends session 8% higher even as Sensex, Nifty drop amid profit booking

    Even as benchmark indices tumbled amid profit booking, shares of technology-based defence company Apollo Micro Finance ended the session nearly 8 per cent higher. The stock closed at Rs 475.45, up Rs 34.95, or 7.93 per cent, from the previous close of Rs 440.50. The market cap of the company stood…

    Read at India TV ↗
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Who did not run this

17 newsrooms ran this event. 6 others published in Business recently and did not.

See which 6 newsrooms
  • Livemint HT Media Ltd.
  • The Economic Times Bennett, Coleman & Co.
  • The Hindu Kasturi & Sons Ltd.
  • The Hindu Kasturi & Sons Ltd.
  • The Indian Express Indian Express Group
  • YourStory YourStory Media

Counted from the newest hundred stories in the section, not from every newsroom in India.

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