Business Today

Share Market Live: Sensex closes 278 points up, Nifty at 11,257, Indiabulls Real Estate, Tata Global top performers

BusinessToday.In, | 16 May 2019

Domestic equity benchmarks BSE Sensex and NSE Nifty closed on a positve note today, paired with gains in Metal, IT, Realty and Financial service stocks. On the sectoral front, all the major indices closed in the green except Pharma, which was down by 0.21 per cent at the closing hour.

 

 

 

BSE Sensex closed 278.60 point or 0.75 per cent at 37,393.48, while NSE Nifty ended 100 points up at 11,257 level, with 39 components in the green.

Check Latest Updates

KEY UPDATES

  • 15:57 IST

    Closing Bell

  • 15:37 IST

    Global Update

  • 15:32 IST

    Market Update

  • 15:14 IST

    Hindalco posts Q4 results, stock rises

  • 15:08 IST

    Bank of India posts Q4 results

  • 13:58 IST

    Lupin stock falls after 3 USFDA observations

  • 13:53 IST

    Ashok Leyland bags order for 400 Minibuses from Senegal

  • 13:07 IST

    Market Update

  • 12:38 IST

    Tata Chemical on a similar surge after transferring 'Consumer Product Business' to Tata Global

  • 12:12 IST

    Global Update

  • 12:09 IST

    IndiGo promoters Rahul Bhatia, Rakesh Gangwal differ over airline control, stock down 7.5%

  • 10:40 IST

    Market Update

  • 10:35 IST

    Union Bank of India plans to raise funds

  • 10:16 IST

    Tata Communications and Cisco Partnership to redefine enterprise networking in the multicloud world

  • 10:09 IST

    Results Today

  • 09:59 IST

    Gainers/Losers

  • 09:57 IST

    Gaining and Losing Sectors

  • 09:28 IST

    Opening Session

  • 09:24 IST

    Indian Rupee

  • 09:23 IST

    Pre - Opening Session

  • 09:22 IST

    Market Expectations

  • 15:57 IST

    Closing Bell

    BSE Sensex closed 278.60 point or 0.75 per cent at 37,393.48, while NSE Nifty ended 100 points up at 11,257 level, with 39 components in the green.
    Top gaining sectoral indices are Media, Realty, Metal, Commodity and Energy, all gaining over 1 per cent.

  • 15:57 IST:
    BSE Sensex closed 278.60 point or 0.75 per cent at 37,393.48, while NSE Nifty ended 100 points up at 11,257 level, with 39 components in the green.
    Top gaining sectoral indices are Media, Realty, Metal, Commodity and Energy, all gaining over 1 per cent.

  • 15:37 IST

    Global Update





    European stocks recovered partially from the intra-day low and US Future bounced back into positive territory. Asian shares fell amid simmering trade tensions between the world's biggest economies.

    The dollar was steady and crude oil gained. US Future is flat to positive after a intra-day fall of 100 points. Brent Crude gained half percent at $72.3/bbl and USDINR declined 23bps at 70.09.

  • 15:37 IST:




    European stocks recovered partially from the intra-day low and US Future bounced back into positive territory. Asian shares fell amid simmering trade tensions between the world's biggest economies.

    The dollar was steady and crude oil gained. US Future is flat to positive after a intra-day fall of 100 points. Brent Crude gained half percent at $72.3/bbl and USDINR declined 23bps at 70.09.

  • 15:32 IST

    Market Update




    BSE Sensex is up 269 points at 37,383.97 with 22 out of 30 components in the green and NSE Nifty is trading up by 96 points at 11,253, with 35 out of 50 stocks advancing.

    Top gaining sectoral indices are Media, Realty, Metal, Commodity and Energy, all gaining over 1 per cent.

    Top declining sectors of the day are Telecom falling 1.39 per cent, followed by Healthcare, FMCG and PSU Banks, each decling over 0.15 per cent.


    Top gainers of the afternoon trading session are IndiaBulls Real Estate, Tata Global Beverages, HCC, Tata Chemicals, Zee Entertainment, Tata Motors, Adani Ports, Infosys and JSW Steel.

    Top losers are Sun Pharma, YES Bank, Coal India, Indiabulls Housing Finance, Bharti Airtel, InterGlobe Aviation, Central Bank of India, Westlife Development, Max India and Minda Industries.

  • 15:32 IST:


    BSE Sensex is up 269 points at 37,383.97 with 22 out of 30 components in the green and NSE Nifty is trading up by 96 points at 11,253, with 35 out of 50 stocks advancing.

    Top gaining sectoral indices are Media, Realty, Metal, Commodity and Energy, all gaining over 1 per cent.

    Top declining sectors of the day are Telecom falling 1.39 per cent, followed by Healthcare, FMCG and PSU Banks, each decling over 0.15 per cent.


    Top gainers of the afternoon trading session are IndiaBulls Real Estate, Tata Global Beverages, HCC, Tata Chemicals, Zee Entertainment, Tata Motors, Adani Ports, Infosys and JSW Steel.

    Top losers are Sun Pharma, YES Bank, Coal India, Indiabulls Housing Finance, Bharti Airtel, InterGlobe Aviation, Central Bank of India, Westlife Development, Max India and Minda Industries.

  • 15:14 IST

    Hindalco posts Q4 results, stock rises





    Hindalco Industries reported a 37.4 per cent decline in standalone profit to Rs 235.82 crore for the quarter ended March 31.

    The company had posted a standalone profit of Rs 376.97 crore in the year-ago period, Hindalco Industries said in a filing to BSE.

    However, the company's standalone income during January-March quarter increased to Rs 12,733.23 crore, over Rs 11,892.06 crore a year ago.

    Following the news, the stock price of Hindalco 2.25 per cent to Rs 195.15.

  • 15:14 IST:



    Hindalco Industries reported a 37.4 per cent decline in standalone profit to Rs 235.82 crore for the quarter ended March 31.

    The company had posted a standalone profit of Rs 376.97 crore in the year-ago period, Hindalco Industries said in a filing to BSE.

    However, the company's standalone income during January-March quarter increased to Rs 12,733.23 crore, over Rs 11,892.06 crore a year ago.

    Following the news, the stock price of Hindalco 2.25 per cent to Rs 195.15.

  • 15:09 IST




  • 15:09 IST:


  • 15:08 IST

    Bank of India posts Q4 results

    State-run Bank of India Thursday reported a profit of Rs 251.79 crore for the fourth quarter ended March 2019 owing to reduction of bad loans.The bank had reported a net loss of Rs 3,969 crore in the same quarter of the previous year, Bank of India said in a regulatory filing.Total income in three months to March grew to Rs 12,417.08 crore, as against Rs 9,596.86 crore in the same period of 2017-18.

  • 15:08 IST: State-run Bank of India Thursday reported a profit of Rs 251.79 crore for the fourth quarter ended March 2019 owing to reduction of bad loans.The bank had reported a net loss of Rs 3,969 crore in the same quarter of the previous year, Bank of India said in a regulatory filing.Total income in three months to March grew to Rs 12,417.08 crore, as against Rs 9,596.86 crore in the same period of 2017-18.

  • 13:58 IST

    Lupin stock falls after 3 USFDA observations



    Drug maker Lupin announced yesterday after market hours, about the completion of the United States Food and Drug Administration (U.S. FDA) inspection, which was carried out at its Aurangabad manufacturing facility. The drug maker has received three observations from the US health regulator for its Aurangabad-based manufacturing facility.

    Following this, the stock price of Lupin fell 6 per cent intraday to Rs 736.10. The company also posted poor results yesterday. The drug maker has closed financial year 2018-19 with 32.1 per cent decline in net profit and 5.2 per cent growth in net sales on a year on year (y-o-y) basis. The company has posted a net profit before exceptional items at Rs 946.60 crore in FY19 as against Rs 1,393.40 crore in the last fiscal.

  • 13:58 IST:

    Drug maker Lupin announced yesterday after market hours, about the completion of the United States Food and Drug Administration (U.S. FDA) inspection, which was carried out at its Aurangabad manufacturing facility. The drug maker has received three observations from the US health regulator for its Aurangabad-based manufacturing facility.

    Following this, the stock price of Lupin fell 6 per cent intraday to Rs 736.10. The company also posted poor results yesterday. The drug maker has closed financial year 2018-19 with 32.1 per cent decline in net profit and 5.2 per cent growth in net sales on a year on year (y-o-y) basis. The company has posted a net profit before exceptional items at Rs 946.60 crore in FY19 as against Rs 1,393.40 crore in the last fiscal.

  • 13:53 IST

    Ashok Leyland bags order for 400 Minibuses from Senegal

    Ashok Leyland has signed a contract for supplying 400 units of Ashok Leyland Eagle 916 Minibuses valuing Euro 10.06Mn. This order comes after the successful operation of 475 buses to Senegal's Dakar Dem Dikk.

  • 13:53 IST: Ashok Leyland has signed a contract for supplying 400 units of Ashok Leyland Eagle 916 Minibuses valuing Euro 10.06Mn. This order comes after the successful operation of 475 buses to Senegal's Dakar Dem Dikk.

  • 13:25 IST




  • 13:25 IST:


  • 13:07 IST

    Market Update


    Indian shares were little changed in light trade on Thursday, with losses in pharmaceutical stocks offsetting gains in IT counters, as investors stuck to the sidelines ahead of exit polls on Sunday.

    Sensex is trading flat at 37,114 and Nifty is at 11,163, up by 6.75 points Top gainers on the exchanges are Tata Global Beverages, Tata Chemicals, Indiabulls Real Estate, Zee Entertainment, Tata Motors, Adani Ports, JSW Steel and Powergrid.

    On the sectoral front, most sectors are on a decline, except Media, IT, Realty and Metal. Pharma is leading the decline at 1.54 per cent, followed by PSU Banks, Pvt Bank, FMCG and Financial services.

    The trading sentiment also remained muted by the country's trade deficit widening to $15.33 billion in April, with imports growing 4.5%.

  • 13:07 IST:
    Indian shares were little changed in light trade on Thursday, with losses in pharmaceutical stocks offsetting gains in IT counters, as investors stuck to the sidelines ahead of exit polls on Sunday.

    Sensex is trading flat at 37,114 and Nifty is at 11,163, up by 6.75 points Top gainers on the exchanges are Tata Global Beverages, Tata Chemicals, Indiabulls Real Estate, Zee Entertainment, Tata Motors, Adani Ports, JSW Steel and Powergrid.

    On the sectoral front, most sectors are on a decline, except Media, IT, Realty and Metal. Pharma is leading the decline at 1.54 per cent, followed by PSU Banks, Pvt Bank, FMCG and Financial services.

    The trading sentiment also remained muted by the country's trade deficit widening to $15.33 billion in April, with imports growing 4.5%.

  • 12:38 IST

    Tata Chemical on a similar surge after transferring 'Consumer Product Business' to Tata Global




    Tata group Wednesday announced the transfer of its branded food business from Tata Chemicals Ltd to Tata Global Beverages Ltd in an all shares deal that will create an over Rs 9,000 crore giant.

    Tata Global Beverages Ltd (TGBL) will buy the business of selling edible salt, spices, and lentils and give shares in return to Tata Chemicals Ltd (TCL).

    Following this the stock price of Tata Chemicals surged to 8.36 pe rcent to day's high at Rs 604. similarly, Tata Global Beverages climed up 10.62 per cent to day's high at Rs 214.

  • 12:38 IST:


    Tata group Wednesday announced the transfer of its branded food business from Tata Chemicals Ltd to Tata Global Beverages Ltd in an all shares deal that will create an over Rs 9,000 crore giant.

    Tata Global Beverages Ltd (TGBL) will buy the business of selling edible salt, spices, and lentils and give shares in return to Tata Chemicals Ltd (TCL).

    Following this the stock price of Tata Chemicals surged to 8.36 pe rcent to day's high at Rs 604. similarly, Tata Global Beverages climed up 10.62 per cent to day's high at Rs 214.

  • 12:12 IST

    Global Update

    In the US, the Dow Jones Industrial Average closed 116 points higher to end at 25,648 while the S&P500 edged up 16 points to close at 2,851 levels. The Nasdaq advanced 88 points to close at 7,822 levels. Asian markets were mixed as US-China trade tension continue to affect the global markets.However, the news that US Prez Trump is planning to delay the tariffs on auto imports has steadied the markets. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, with both Australia and South Korea little changed.In the US, the Dow Jones Industrial Average closed 116 points higher to end at 25,648 while the S&P500 edged up 16 points to close at 2,851 levels. The Nasdaq advanced 88 points to close at 7,822 levels.

  • 12:12 IST: In the US, the Dow Jones Industrial Average closed 116 points higher to end at 25,648 while the S&P500 edged up 16 points to close at 2,851 levels. The Nasdaq advanced 88 points to close at 7,822 levels. Asian markets were mixed as US-China trade tension continue to affect the global markets.However, the news that US Prez Trump is planning to delay the tariffs on auto imports has steadied the markets. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, with both Australia and South Korea little changed.In the US, the Dow Jones Industrial Average closed 116 points higher to end at 25,648 while the S&P500 edged up 16 points to close at 2,851 levels. The Nasdaq advanced 88 points to close at 7,822 levels.

  • 12:09 IST

    IndiGo promoters Rahul Bhatia, Rakesh Gangwal differ over airline control, stock down 7.5%

    India's biggest airline IndiGo is seeing some turbulence with its founders, Rahul Bhatia and Rakesh Gangwal, having serious differences over the airline's expansion strategies. Reports say both these industry stalwarts disagree on some clauses in the shareholders' agreement and the airline's management control.Following this, the stock price of InterGlobe Aviation went down 7.5 % intraday to Rs 1487. The stock is currently trading at Rs 1504, down 103 points on BSE.

  • 12:09 IST: India's biggest airline IndiGo is seeing some turbulence with its founders, Rahul Bhatia and Rakesh Gangwal, having serious differences over the airline's expansion strategies. Reports say both these industry stalwarts disagree on some clauses in the shareholders' agreement and the airline's management control.Following this, the stock price of InterGlobe Aviation went down 7.5 % intraday to Rs 1487. The stock is currently trading at Rs 1504, down 103 points on BSE.

  • 11:44 IST




  • 11:44 IST:


  • 10:40 IST

    Market Update

    Market Breadth is positive, indicated by 495 advancing stocks on NSE against 263 declining stock s and 75 unchanged, at the advance decline ratio of 1.88. On BSE, out of 1360 traded stocks, 650 are advancing against 655 declining stocks.

    On the sectoral front, except Pharma, FMGC, Financial Services and PSU Bank indices, all the other sectors are trading on the positive. Realty is the top perfroming index, gaining at 0.68 per cent, followed by IT and Media, both gaining at the rate of 0.58 per cent, respectively.

  • 10:40 IST:

    Market Breadth is positive, indicated by 495 advancing stocks on NSE against 263 declining stock s and 75 unchanged, at the advance decline ratio of 1.88. On BSE, out of 1360 traded stocks, 650 are advancing against 655 declining stocks.

    On the sectoral front, except Pharma, FMGC, Financial Services and PSU Bank indices, all the other sectors are trading on the positive. Realty is the top perfroming index, gaining at 0.68 per cent, followed by IT and Media, both gaining at the rate of 0.58 per cent, respectively.

  • 10:35 IST

    Union Bank of India plans to raise funds

    The Board of the bank has approved Capital Plan for FY19-20 to raise capital funds upto Rs 6000 cr and to raise equity capital up to Rs 4,900 cr.

  • 10:35 IST: The Board of the bank has approved Capital Plan for FY19-20 to raise capital funds upto Rs 6000 cr and to raise equity capital up to Rs 4,900 cr.

  • 10:16 IST

    Tata Communications and Cisco Partnership to redefine enterprise networking in the multicloud world

    Tata Communications and Cisco have extended their partnership to enable enterprises to transform their legacy network to a customised and secure multi-cloud native hybrid network.The filing added,"The combination of Tata Communications' IZO cloud enablement platform and Cisco SD-WAN is a fully-managed, global solution that gives businesses greater control over their digital infrastructure, the ability to securely connect any user to any application location, and provide the assurance of application performance needed to support successful digital transformation."

  • 10:16 IST: Tata Communications and Cisco have extended their partnership to enable enterprises to transform their legacy network to a customised and secure multi-cloud native hybrid network.The filing added,"The combination of Tata Communications' IZO cloud enablement platform and Cisco SD-WAN is a fully-managed, global solution that gives businesses greater control over their digital infrastructure, the ability to securely connect any user to any application location, and provide the assurance of application performance needed to support successful digital transformation."

  • 10:11 IST

    Yesterday's close

    In the previous session on Wednesday, the BSE bourse settled 203.65 points, or 0.55 per cent, lower at 37,114.88; and the Nifty shed 65.05 points, or 0.58 per cent, to settle at 11,157.

  • 10:11 IST: In the previous session on Wednesday, the BSE bourse settled 203.65 points, or 0.55 per cent, lower at 37,114.88; and the Nifty shed 65.05 points, or 0.58 per cent, to settle at 11,157.

  • 10:11 IST

    FII and DII on Wednesday

    Foreign institutional investors (FIIs) sold equity worth Rs 1,142.44 crore on Wednesday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 671.77 crore, provisional data available with stock exchanges showed.

  • 10:11 IST: Foreign institutional investors (FIIs) sold equity worth Rs 1,142.44 crore on Wednesday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 671.77 crore, provisional data available with stock exchanges showed.

  • 10:09 IST

    Results Today

    Bank of India, JK Tyre, JSW Energy, Jubilant Industries, Adlabs Entertainment,Hindalco Industries, Bajaj Finserv, Bajaj Finance, Ballarpur Industries, Blue Dart Express, Chambal Fertilisers, DD Corp, I garashi Motors,Shree Renuka Sugars, Solara Active Pharma, Take Solutions, Visa Steel, Walchandnagar Industries, Universal Cables, Tasty Bite Eatables are among the companie to post their fourth quaterly results today.

  • 10:09 IST: Bank of India, JK Tyre, JSW Energy, Jubilant Industries, Adlabs Entertainment,Hindalco Industries, Bajaj Finserv, Bajaj Finance, Ballarpur Industries, Blue Dart Express, Chambal Fertilisers, DD Corp, I garashi Motors,Shree Renuka Sugars, Solara Active Pharma, Take Solutions, Visa Steel, Walchandnagar Industries, Universal Cables, Tasty Bite Eatables are among the companie to post their fourth quaterly results today.

  • 09:59 IST

    Gainers/Losers

    The top gainers of the BSE Sensex pack were Tata Motors, Power Grid Corporation of India, YES Bank, Vedanta, among others.

    The top losers of the BSE Sensex pack were Sun Pharmaceutical Industries, Kotak Mahindra Bank, Coal India, Mahindra & Mahindra, Tata Consultancy Services, among others.

  • 09:59 IST: The top gainers of the BSE Sensex pack were Tata Motors, Power Grid Corporation of India, YES Bank, Vedanta, among others.

    The top losers of the BSE Sensex pack were Sun Pharmaceutical Industries, Kotak Mahindra Bank, Coal India, Mahindra & Mahindra, Tata Consultancy Services, among others.

  • 09:57 IST

    Gaining and Losing Sectors



    BSE Realty index was at 1945.6 up by 15.88 points or by 0.82%, backed up by advances in Indiabulls Real Estate, Phoenix Mills, Oberoi Realty, Sunteck Realty, DLF.

    BSE HCS index was at 13261.58 down by 89.1 points or by 0.67%, pressured by declines in Lupin, Vivimed Labs, Apollo Hospitals Enterprise, Piramal Enterprises, Cadila Healthcare.

  • 09:57 IST:

    BSE Realty index was at 1945.6 up by 15.88 points or by 0.82%, backed up by advances in Indiabulls Real Estate, Phoenix Mills, Oberoi Realty, Sunteck Realty, DLF.

    BSE HCS index was at 13261.58 down by 89.1 points or by 0.67%, pressured by declines in Lupin, Vivimed Labs, Apollo Hospitals Enterprise, Piramal Enterprises, Cadila Healthcare.

  • 09:28 IST

    Opening Session

    BSE Sensex is trading up at 37,118, up by 3  points, while NSE Nifty is trading up by 2 points at 11,159.

  • 09:28 IST: BSE Sensex is trading up at 37,118, up by 3  points, while NSE Nifty is trading up by 2 points at 11,159.

  • 09:24 IST

    Indian Rupee


    Rupee opens higher at 70.27 against the dollar versus Wednesday's close of 70.33.

  • 09:24 IST:
    Rupee opens higher at 70.27 against the dollar versus Wednesday's close of 70.33.

  • 09:23 IST

    Pre - Opening Session

    BSE Sensex is trading up at 37, 179 , up by 64.25 points, while NSE Nifty is trading up by 23.35 points at 11,180.35.

  • 09:23 IST: BSE Sensex is trading up at 37, 179 , up by 64.25 points, while NSE Nifty is trading up by 23.35 points at 11,180.35.

  • 09:22 IST

    Market Expectations

    Markets are expected to open flat on account of global cues. Asian markets opened lower on geopolitical tensions in Gulf and poor IIP data by China. Nikkei, Taiwan, Hong Kong Index declined half to one percent each. SGX Nifty is flat-to-positive (up 10 pts). Brent Crude spiked 2% above $72/bbl. US stocks rise on signs of easing trade tensions.US Futures slipped 0.4%.

  • 09:22 IST: Markets are expected to open flat on account of global cues. Asian markets opened lower on geopolitical tensions in Gulf and poor IIP data by China. Nikkei, Taiwan, Hong Kong Index declined half to one percent each. SGX Nifty is flat-to-positive (up 10 pts). Brent Crude spiked 2% above $72/bbl. US stocks rise on signs of easing trade tensions.US Futures slipped 0.4%.