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Indian shares were moving lower on Friday, mirroring mixed global cues as inflation worries and disappointing earnings from Amazon and Apple dented sentiment.<\/p>\n
The benchmark S&P BSE Sensex dropped 210 points, or 0.4 percent, to 59,774 in early trade, while the broader NSE Nifty index was down 66 points, or 0.4 percent, at 17,791.<\/p>\n
AU Small Finance Bank traded flat as it reported a 13 percent fall in Q2FY22 net profit.<\/p>\n
Reliance Industries fell 1.3 percent after reports that Reliance Jio has paid ?10,792 crore to the Department of Telecom to clear their dues for the spectrum bought in 2016.<\/p>\n
Bharti Airtel was little changed after the Supreme Court barred the telecom major from seeking Goods and Services Tax (GST) refund of Rs 923 crore. <\/p>\n
Lupin jumped 6.4 percent. The drug maker said it is trying to find a marketing partner or even be open to the idea of possible sale of its key specialty drug Solosec in the United States. <\/p>\n
NTPC fell about 1 percent on reporting an 8 percent decline in Q2 profit. <\/p>\n
Tata Power Company lost 2.5 percent after its consolidated operating profit for the July-September quarter dropped 16.22 percent from last year. <\/p>\n
Unitech gained 3 percent as the Supreme Court allowed the new management of the real estate company to proceed ahead with the appointment or Project Management Consultants for completion of the stalled projects.<\/p>\n
InterGloble Aviation tumbled 3.4 percent after it reported a net loss for the seventh consecutive quarter in Q2FY22.<\/p>\n
IRCTC plunged 20 percent on news that it will have to share the revenue earned from the convenience fee on train tickets with the Ministry of Railways in the ratio of 50:50 with effect from November 1. <\/p>\n<\/p>\n<\/div>\n