Extending its climb for the fourth consecutive session, the benchmark BSE Sensex traded over 70 points on Monday amid a firming trend in Asian bourses.

At 1016 hours, the 30-share index was trading up 70.29 points, or 0.30%, to 23,779.44, slightly lower from its early morning trade.

Larsen & Toubro (L&T) said on Friday it has bagged orders worth Rs 1,404 crore across various business verticals.

In a BSE filing, the company said its construction arm "has won orders worth Rs 1,404 crore".

Shares of Bharat Heavy Electricals Limited (BHEL) has fallen below Rs 100 mark to Rs 98.75, its lowest level since August 2005 on the BSE.

The stock has underperforming the market by falling 23% from Rs 128 on February 10, after the company reported a huge loss of Rs 1,102 crore for the quarter ended December 31, 2015, (Q3FY16) compared to a net profit of Rs 213 crore in the same quarter last year. The S&P BSE Sensex was down 1% during the same period.

The rupee recovered from a 30-month low by rising 13 paise to 68.34 against the dollar at the Interbank Foreign Exchange in early trade on fresh selling of the US currency by banks and exporters.

Dealers said, fresh selling of the American unit by exporters and banks supported the domestic currency but dollar's strength against other currencies overseas, limited the rupee's gain.

Mumbai: Market benchmark Sensex failed to capitalize on early momentum and plunged over 362 points on Monday to end at 23,191.97, dragged down by profit-booking amid contraction in exports last month.

The broader NSE Nifty too struggled and settled below the crucial 7,100-level. Sentiment took a hit after country’s exports dipped for the 14th month in a row, down 13.6% in January to $21 billion due to fall in petroleum and engineering goods shipments, even as trade deficit showed improvement.

The market benchmark BSE Sensex zoomed over 400 points to rise above 23,000-mark in early trade on Monday following widespread gains as investors widened their bets amid a firming trend in other Asian markets. However, caution prevailed in view of muted macroeconomic data.

The 30-share index, which gained 34.29 points in the previous session, added 404.23 points or 1.75% to 23,390.358 with all the sectoral indices led by metal, realty and oil and gas leading the gains.

Domestic equity markets posted their biggest weekly fall this week since July 2009 as disappointing corporate earnings, sliding rupee and weak global markets continued to dampen sentiments. Sensex tanked 1,630.85 points, or 6.62 per cent, to 22,986.12 on Feb 12, 2016 from 24,616.97 on Feb 5, 2016. Similarly, NSE Nifty slid 508.15 points, or 6.79 per cent, to 6,980.95 during the week under review.

Healthcare major Apollo Hospitals Enterprise today reported 14.96% rise in standalone net profit to Rs 109.23 crore for the December quarter.

The company had posted a net profit of Rs 95.01 crore for the corresponding period of the previous fiscal, Apollo Hospitals Enterprise said in a BSE filing.

State-owned petroleum explorer Oil and Natural Gas Corporation on Thursday posted a 64-per cent decline in net profit for the December quarter, on the crude oil price slump and provisioning for impairment of assets. Net profit was Rs 1,285 crore against Rs 3,571 crore.

“Our profit would have been Rs 3,898 crore, had it not been for the provision for impairment of Rs 2,612 crore,” ONGC Chairman and Managing Director D K Sarraf said.

Mumbai: Indian stocks entered bear market territory on Thursday with the benchmark equity index Sensex falling over 800 points. The biggest market decline in more than six months to close at fresh 21-month lows followed a steep slide in European shares, sliding crude oil prices and disappointing corporate earnings on the domestic front.

The market is seen falling further in the days ahead, as risk is off the table globally.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.