Shares of TVS Motor Company recovered and rose over 3.42 percent to trade at Rs 533.95 at 3.20 pm on the NSE after the company's operating margin for July-September expanded on quarter. Analysts had expected the company's July-September operating margins to remain flat. Margins expanded for July-September largely led by exports revenue, which was aided by weakness in the rupee against the dollar. TVS Motor supplies two-wheelers to markets in Africa and Latin America and exports contribute around 20 percent of its total sales volumes. The operating margin for July-September was at 8.6 percent, up 90 basis points on quarter. The company's net profit for Jul-Sep was at Rs 2.1 billion, higher than analysts' estimates of Rs 2.08 billion. (Cogencis)

Shares of Hindustan Petroleum Corp. recovered after global crude oil prices sank. Shares of the company fell as much as 4 percent earlier in the session. The Brent futures traded on the Intercontinental Exchange fell 1.2 percent to below $79 per barrel mark on concern over global demand. The fall in crude oil prices also reduces the risk of a likely intervention by the government in determining domestic retail fuel prices. HPCL shares traded at Rs 217.25, rising 3.16 percent at 3.18 pm on the NSE. Benchmark indexes reduced losses as well. The Nifty traded 0.94 percent lower at 10,148, while the Sensex was down 0.86 percent to 33,841.

Shares of Bajaj Finance traded lower at Rs 2,037, declining by 3.7 percent. Bajaj Finance reported Q2 net profit at Rs 920 crore against CNBCTV18 poll of Rs 840.4 crore. The NBFC's gross and net NPA in percentage terms came 10 basis points lower on QoQ basis, hwile standalone AUM grew at 24 percent to Rs 89,876 crore on YoY  basis. The net interest income also rose 39 percent on YoY basis to Rs 2,665 crore.

Indian shares traded near the day's low, extending losses, dragged lower by IT and energy stocks. The Nifty traded below 10,150, at 10,127, falling by 118 points, or 1.15 percent at 1.55 pm.  The Sensex declined by 338 points, or 0.99 percent, at 33,796. Broader markets posted sharper losses than frontline indexes with the Nifty MidCap and the BSE MidCap with each trading lower by 1.65 percent. Nifty Bank also traded 0.9 percent lower. All 43 sectors declined with maximum losses seen in Nifty Pharma which traded 2.88 percent lower. BSE Healthcare, Metal, Oil & Gas were other major drags. Among index gainers, Indiabulls Housing Finance, HDFC, Tata Motors, IndusInd Bank, Bharti Infratel, declined by up to 3 percent, while laggards were Asian Paints, UltraTech Cement, Wipro, Sun Pharma, Grasim, ONGC, ICICI Bank dipped by up to 5.91 percent.

Shares of Reliance Communications gained 4 percent after the Supreme Court allowed the beleagured telco to pay Rs 550 crore due to Ericsson by December 15. The apex court said Reliance Communications has to pay 12 percent interest on dues to Ericsson from September 30 onward. Earlier, the company had agreed to pay Rs 550 crore to Ericsson by September 30. Shares of the company were marginally up by 0.46 percent at Rs 10.95.

The Sensex traded lower by 0.52 percent, or down  by 176 points, to 33,958, while the Nifty50 was below 10,200 levels, trading at 10,179, slipping by 0.64 percent, or 66 points at 11.40 am. Broader markets also declined with the Nifty MidCap trading lower by 0.75 percent. The BSE MidCap index also slipped by 0.80 percent. Among sectoral indexes, only 5 sectors advanced against 38 declining. Among declining sectors, BSE Oil & Gas fell the most by 2.01 percent, while BSE IT, Nifty Pharma, Nifty IT and BSE Teck were other major losers falling by up to 1.6 percent. BSE Realty was leading the pack of 5 gainining sectors, rising by 0.45 percent, while BSE Consumer Durables and BSE Finance gained modestly. Among top gainers, Indiabulls Housing Finance rose nearly 5 percent, HDFC more than 2 percent and Tata Motors by 1.76 percent. Coal India, Yes Bank and IndusInd Bank were also up by 1.42 percent. Shares of Asian Paints slipped to 7-month low after reporting weak earnings for July-September quarter. Other laggards were Wipro which fell 4.35 percent, Sun Pharma down by 2.6 percent, BPCL, Infosys and ONGC slipped by up to 2.58 percent. 

Shares of Trident gained 3.91 percent, trading at Rs 65.15 at 11.32 am on the NSE, after three days of consecutive fall. It touched an intra-day high of Rs 66, rising 4.35 percent. Shares rose after the company's promoter bought additional 15.7 lakh shares via open market on October 22. 

Shares of Bharat Heavy Electricals were trading 2 percent higher at Rs 75.40 after the company said its board will consider a share buyback on Thursday. The stock rose today despite weakness in the broader market. The share has fallen nearly 19 percent so far in 2018. BHEL will also consider Jul-Sep earnings along with the buyback on Thursday. Shares of BHEL were trading up 1.96 percent at Rs 75.40.

The BSE Sensex traded at 33,961, down by 173 points, or 0.51 percent at 10.10 am, while the Nifty inched towards the 10,200 levels, trading at 10,192.10, lower by 53 points, or 0.52 percent. Broader markets also showed signs of recovery with the Nifty MidCap marginally down by 0.22 percent, while the BSE MidCap slipping by 0.36 percent. Nifty Bank traded lower by 0.24 percent, but traded above the 25,000 mark.

Shares of Asian Paints fell more than 6 percent to hit an over-six-month low of Rs 1,126.55 due to disappointing July-September earnings and worries over future profit growth. At 9.30 am, shares of Asian Paints were down 5.2 percent at Rs 1,138, while Berger Paints India was down 5.3 percent at Rs 265 and Kansai Nerolac Paints was down 6.4 percent at Rs 362. (Cogencis)

Indian shares opened lower on Tuesday, tracking weak global cues. The Sensex started 234 points lower, or 0.69 percent, at 33,899.80, while the Nifty started at 10,158, down by 87 points, or 0.85 percent. The Nifty Bank dipped nearly a percent, trading at 24,835, while the Nifty MidCap slipped a percent. Asian Paints, IOC, Indiabulls Housing Finance, HPCL and BPCL were among top index losers, declining by 4.92 percent. Asian Paints fell nearly 5 percent after a disappointing earnings in July-September quarter. IndusInd Bank lead among index gainers, jumping 1.7 percent, while shares of Adani Ports, Coal India, Tech Mahindra and Gail rose by up to 1.11 percent. 

IDFC Securities on GSK Pharma:

Macquarie on Jubilant Life:

IDFC Securities on Hindustan Zinc:

Macquarie on Hindustan Zinc:

Credit Suisse on Hindustan Zinc:

HSBC on Inox Leisure:

Macquarie on IndusInd Bank:

Bharti Airtel: The telco launches Google Assistant based Digital Customer Care to help customers resolve their account related queries.

Syndicate Bank: The lender has received capital infusion of Rs 728 crore from the government in lieu of preferential allotment of shares.

IL&FS: The new board of debt-laden Infrastructure Leasing and Financial Services (IL&FS) will come up with a revival plan for the lender that could include selling stakes in some of its businesses, Reuters reported.

Asian Paints: The company on Monday posted a 14.4 percent fall in second quarter profit, which missed analysts' estimates, hurt by higher expenses. Net profit fell to Rs 493 crore ($67.02 million) in September quarter from Rs 576 crore a year earlier.

SpiceJet: Ratings agency Crisil has downgraded its ratings on the bank facilities citing mounting pressures on cost structure and a limited ability to pass it on consumers due to cutthroat price wars. It has downgraded the facilities to 'CRISIL BB-/Negative/CRISIL A4' from 'CRISIL BBB/Stable/CRISIL A3+'.

Check more Hot Stocks for today.

Macquarie on Asian Paints:

Deutsche Bank on Asian Paints:

IDFC Securities on Kansai Nerolac:

CLSA on Kansai Nerolac:

Deutsche Bank on Kansai Nerolac:

Morgan Stanley on Asian Paints:

Dewan Housing Finance Corporation: Jasmine Capital Investments Pte Ltd sold 71,19,283 shares of the company at Rs 197.77 per share.

Hathway Cable & Datacom: Rajasthan Global Securities bought 55,68,623 shares of the company at Rs 29.27 per share while Ashish Dhawan sold 80,58,738 shares at Rs 29.04 per share.