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Sensex Today: Share market ends in green, Sensex closes 170 points higher; Nifty at 11,870

BusinessToday.In | 14 November 2019

Share Market Today: After a range bound trading session, equity benchmark indices Sensex and Nifty gained momentum in the last hour of trade to close at day's high on Thursday. While BSE Sensex closed 170 points higher at 11,286 level, Nifty ended the day's trade at 11,870, rising 30 points higher by the closng bell. On the sectoral front, realty, pharma, metal, FMCG and PSU banking closed in the red, while IT, financials, auto and banking scrips ended in the green.

 

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  • Globally shares traded mixed amid worries of economic depression as US-China trade war weighed on investors' sentiment.
  • 15:52 IST

    Closing Bell: Sensex Nifty end at day's high

    Share Market Today: After a range bound trading session, equity benchmark indices Sensex and Nifty gained momentum in the last hour of trade to close at day's high on Thursday. While BSE Sensex closed 170 points higher at 11,286 level, Nifty ended the day's trade at 11,870, rising 30 points higher by the closng bell. On the sectoral front, realty, pharma, metal, FMCG and PSU banking closed in the red, while IT, financials, auto and banking scrips ended in the green.

  • 15:52 IST: Share Market Today: After a range bound trading session, equity benchmark indices Sensex and Nifty gained momentum in the last hour of trade to close at day's high on Thursday. While BSE Sensex closed 170 points higher at 11,286 level, Nifty ended the day's trade at 11,870, rising 30 points higher by the closng bell. On the sectoral front, realty, pharma, metal, FMCG and PSU banking closed in the red, while IT, financials, auto and banking scrips ended in the green.

  • 14:26 IST

    Vedanta Q2 consolidated net profit at Rs 2,158 crore, shares decline 3.5%



    Vedanta's Q2 consolidated net profit rose more than 60% on a yearly basis to Rs 2,158 crore compared to Rs 1,343 crore reported in the corresponding quarter last year.

    The mining company's revenue for the July-September quarter delines 3% on a year-to-year basis to Rs 21,958 crore compared to Rs 22,705, recorded during the same period last year.

    Vedanta's EBITDA declined 13.8% yearly to Rs 4,423 crore during the Q2FY20 as against Rs 5,133 crore reported in the Q2 FY19, while its margin declined by 250 bps to this year's 20.1% versus 22.6% recorded last year.

  • 14:26 IST:

    Vedanta's Q2 consolidated net profit rose more than 60% on a yearly basis to Rs 2,158 crore compared to Rs 1,343 crore reported in the corresponding quarter last year.

    The mining company's revenue for the July-September quarter delines 3% on a year-to-year basis to Rs 21,958 crore compared to Rs 22,705, recorded during the same period last year.

    Vedanta's EBITDA declined 13.8% yearly to Rs 4,423 crore during the Q2FY20 as against Rs 5,133 crore reported in the Q2 FY19, while its margin declined by 250 bps to this year's 20.1% versus 22.6% recorded last year.

  • 13:59 IST

    Cadila rises 3% on acquiring remaining stake in subsidiary

    Cadila Healthcare shares rose over 3% as the company announced it has acquired remaining 15% stake, each in its subsidiaries.

    Acoording to the exchange filing submitted, the 15% stake in ZTL, representing 7.5 million fully paid-up equity shares of Rs 10 each was valued at $225,000 (roughly Rs 1.62 crore), while 15% stake of another subsidiary, Zydus Noveltech Inc, USA (ZNI) was valued $25,000 (approximately Rs 18 lakh).

    The company expects the acquisition to complete within a month,  following which, the two companies will become wholly-owned subsidiaries of Cadila Healthcare Ltd.

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  • 13:59 IST:

    Cadila Healthcare shares rose over 3% as the company announced it has acquired remaining 15% stake, each in its subsidiaries.

    Acoording to the exchange filing submitted, the 15% stake in ZTL, representing 7.5 million fully paid-up equity shares of Rs 10 each was valued at $225,000 (roughly Rs 1.62 crore), while 15% stake of another subsidiary, Zydus Noveltech Inc, USA (ZNI) was valued $25,000 (approximately Rs 18 lakh).

    The company expects the acquisition to complete within a month,  following which, the two companies will become wholly-owned subsidiaries of Cadila Healthcare Ltd.

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  • 13:51 IST

    Market Update

    Domestic equity market erased all gains to trade flat backed by mixed global equities as the uncertainty grew on the signing of Sino-American trade deal. While Sensex trades 28 points higher at 40,163 mark, Nifty trades 1 points lower at 11,839 level. While strength in IT, financials, auto and banking stocks helped indices cap losses, weakness in FMCG, metal, pharma and PSU banks dragged the broader indies further down.

     

  • 13:51 IST: Domestic equity market erased all gains to trade flat backed by mixed global equities as the uncertainty grew on the signing of Sino-American trade deal. While Sensex trades 28 points higher at 40,163 mark, Nifty trades 1 points lower at 11,839 level. While strength in IT, financials, auto and banking stocks helped indices cap losses, weakness in FMCG, metal, pharma and PSU banks dragged the broader indies further down.

     

  • 13:41 IST

    SpiceJet Q2 loss widens, shares decline 7%

    Shares SpiceJet, the country's second largest airline, declined 7% on Thursday trade after the airline reported widening of net loss to Rs 462.6 crore for the second quarter ended September 30, 2019, on account of higher costs with respect to grounding of Boeing 737 MAX planes and changes in accounting norms.

    SpiceJet had posted its highest-ever net profit at Rs 261.7 crore in the June quarter of this fiscal. While last year, the Gurgaon-headquartered airline had reported net loss of Rs 389.4 crore in the September quarter of FY19 (Q2FY19).

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  • 13:41 IST:

    Shares SpiceJet, the country's second largest airline, declined 7% on Thursday trade after the airline reported widening of net loss to Rs 462.6 crore for the second quarter ended September 30, 2019, on account of higher costs with respect to grounding of Boeing 737 MAX planes and changes in accounting norms.

    SpiceJet had posted its highest-ever net profit at Rs 261.7 crore in the June quarter of this fiscal. While last year, the Gurgaon-headquartered airline had reported net loss of Rs 389.4 crore in the September quarter of FY19 (Q2FY19).

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  • 13:39 IST

    Coffee Day Enterprises' share locks 5% lower

    Shares of Coffee Day Enterprises Ltd. opened with a loss of 4.97% today and touched an intraday low of Rs 41.15 on the BSE, as the coffee-chain operator announced that it requires more time to announce its audited financial results for the quarter ended June 30 and half year ended September 30 of current fiscal 2019-20 . A total of lakh and 17 lakh shares changed hands on BSE and NSE counters, respectively.

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  • 13:39 IST:

    Shares of Coffee Day Enterprises Ltd. opened with a loss of 4.97% today and touched an intraday low of Rs 41.15 on the BSE, as the coffee-chain operator announced that it requires more time to announce its audited financial results for the quarter ended June 30 and half year ended September 30 of current fiscal 2019-20 . A total of lakh and 17 lakh shares changed hands on BSE and NSE counters, respectively.

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  • 13:37 IST

    Rupee trades 15 paise to 72.24 per dollar

    The Indian rupee opened little changed against the U.S. dollar and traded at 72.24 against the greenback compared to yesterday's close of 72.08. The rupee lost nearly 1% to hit its lowest since September 4 on Wednesday, as the uncertainty grew on the signing off the Sino-American trade deal

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  • 13:37 IST: The Indian rupee opened little changed against the U.S. dollar and traded at 72.24 against the greenback compared to yesterday's close of 72.08. The rupee lost nearly 1% to hit its lowest since September 4 on Wednesday, as the uncertainty grew on the signing off the Sino-American trade deal

    Read more

  • 12:34 IST

    Market turns flat-to-negative

    Domestic equity market erased all gains to trade on flat by the afternoon hours on Thursday. While Sensex has risen marginally higher 40 points at 40,158, Nifty has declined 7 points to 11,832 level.

  • 12:34 IST: Domestic equity market erased all gains to trade on flat by the afternoon hours on Thursday. While Sensex has risen marginally higher 40 points at 40,158, Nifty has declined 7 points to 11,832 level.

  • 12:21 IST

    Oct WPI Inflation comes in at 0.16%

    The annual rate of inflation, based on monthly WPI, stood at 0.16% (provisional) for the month of October, 2019 against 0.33% recorded in September month.

     

  • 12:21 IST: The annual rate of inflation, based on monthly WPI, stood at 0.16% (provisional) for the month of October, 2019 against 0.33% recorded in September month.

     

  • 12:18 IST

    Vedanta emerges as highhest bidder for Odisha coal bloack

    Vedanta shares rose in the early trade on Thursday after the emerged as the highest bidder for Jamkhani coal block in Odisha’s Sundargarh district in the 10th tranche of coal block auction conducted by the Ministry of Coal, Government of India.

    Once operational, the coal block with an annual capacity of 2.6 million tonnes will provide fuel security, improve power availability, and further strengthen the company’s aluminium operations and performance.

    Shares of Vedanta opened with a gain of 3.07% today and touched an intraday high of Rs 152.8 on the BSE.

  • 12:18 IST: Vedanta shares rose in the early trade on Thursday after the emerged as the highest bidder for Jamkhani coal block in Odisha’s Sundargarh district in the 10th tranche of coal block auction conducted by the Ministry of Coal, Government of India.

    Once operational, the coal block with an annual capacity of 2.6 million tonnes will provide fuel security, improve power availability, and further strengthen the company’s aluminium operations and performance.

    Shares of Vedanta opened with a gain of 3.07% today and touched an intraday high of Rs 152.8 on the BSE.

  • 11:59 IST

    Market turns green

    After a volatile start, benchmark indices recovered from early losses, with Sensex and Nifty rising 0.20% each. While Sensex has risen 115 points to 40,218, Nifty50 rose 18 points to 11,859 level. On the sectoral front, strength in media, financials , IT and banks supported the index while declines in FMCG, metal and pharma pushed indices further down.

  • 11:59 IST: After a volatile start, benchmark indices recovered from early losses, with Sensex and Nifty rising 0.20% each. While Sensex has risen 115 points to 40,218, Nifty50 rose 18 points to 11,859 level. On the sectoral front, strength in media, financials , IT and banks supported the index while declines in FMCG, metal and pharma pushed indices further down.

  • 11:53 IST

    Telecom stocks under pressure

    The Department of Telecommunications (DoT) has issued a notice to telecom operators to pay their revenue share dues within three months as directed by the Supreme Court, according to an industry source.

    After the recent development, shares of telecom company were trading lower today, with over 15% decline registered in Vodafone shares, while 3% fall in Airtel stock price. Bharti Infratel also tanked close to 8% following the notice

  • 11:53 IST: The Department of Telecommunications (DoT) has issued a notice to telecom operators to pay their revenue share dues within three months as directed by the Supreme Court, according to an industry source.

    After the recent development, shares of telecom company were trading lower today, with over 15% decline registered in Vodafone shares, while 3% fall in Airtel stock price. Bharti Infratel also tanked close to 8% following the notice

  • 10:13 IST

    Coffee Day Ent gives Q1 results highlights

    Shares of Cofee Day Enterprises rose 3% higher to the intraday high of Rs 43.55 on the BSE today. The CCD stock has gained 11% value in a week and 14% in a month, however, declined 84% on a year-to-date basis.

    Coffee Day on Wednesday, released highlights of its earnings for the June quarter. The coffee chain operator's net profit jumped a whopping 8776% from a year ago period to Rs 1,509 crore in April-June quarter this year, which included Rs 1740 crore as one-time gain as sale proceeds from equity stake held in Mindtree.
     

  • 10:13 IST: Shares of Cofee Day Enterprises rose 3% higher to the intraday high of Rs 43.55 on the BSE today. The CCD stock has gained 11% value in a week and 14% in a month, however, declined 84% on a year-to-date basis.

    Coffee Day on Wednesday, released highlights of its earnings for the June quarter. The coffee chain operator's net profit jumped a whopping 8776% from a year ago period to Rs 1,509 crore in April-June quarter this year, which included Rs 1740 crore as one-time gain as sale proceeds from equity stake held in Mindtree.
     

  • 09:47 IST

    Market back in red

     After a volatile start, benchmark indices earsed gains to trade on a bearish note by the first hour of Thursday's trade.

    While Sensex declined 80 points to 40,035, Nifty50 declined 30 points 11,808 level, backed by heavy selling pressure in  PSU banks, metal and pharma scrips.


     

  • 09:47 IST:  After a volatile start, benchmark indices earsed gains to trade on a bearish note by the first hour of Thursday's trade.

    While Sensex declined 80 points to 40,035, Nifty50 declined 30 points 11,808 level, backed by heavy selling pressure in  PSU banks, metal and pharma scrips.


     

  • 09:42 IST

    Trade deal uncertainity

     The U.S. and China have yet to announce a new location or time to seal the agreement after an international gathering in Chile was canceled, and it's unclear whether Trump's renewed threats will move things forward.

    Over the past week, global stocks have surged as optimism that by December 15 tariffs on Chinese goods would be delayed.

  • 09:42 IST:  The U.S. and China have yet to announce a new location or time to seal the agreement after an international gathering in Chile was canceled, and it's unclear whether Trump's renewed threats will move things forward.

    Over the past week, global stocks have surged as optimism that by December 15 tariffs on Chinese goods would be delayed.

  • 09:29 IST

    Sectors Today

    On the sectoral front, except IT, media and auto stocks that traded bullish and financial services index that traded flat, all the other indices traded in the red, with 1.5% fall registered in pharma and PSU banking scrips.

  • 09:29 IST: On the sectoral front, except IT, media and auto stocks that traded bullish and financial services index that traded flat, all the other indices traded in the red, with 1.5% fall registered in pharma and PSU banking scrips.

  • 09:21 IST

    Market opens volatile on Thursday

    While Sensex on Thursday has opened on positive ground, rising 60 points to 40,175 mark, Nifty has declined 7 points to 11,832 level

  • 09:21 IST: While Sensex on Thursday has opened on positive ground, rising 60 points to 40,175 mark, Nifty has declined 7 points to 11,832 level

  • 09:19 IST

    Retail inflation rises to 16-month high

    Retail inflation, calculated on the basis of Consumer Price Index (CPI), skyrocketed and  touched a 16-month high of 4.62 per cent in October, on the back of high vegetable prices, showed data released by National Statistics Office. In the meanwhile, inflation in food basked rose to 7.89 per cent in October.

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  • 09:19 IST: Retail inflation, calculated on the basis of Consumer Price Index (CPI), skyrocketed and  touched a 16-month high of 4.62 per cent in October, on the back of high vegetable prices, showed data released by National Statistics Office. In the meanwhile, inflation in food basked rose to 7.89 per cent in October.

    Read more

  • 09:16 IST

    Coffee Day announces delay in results

    Coffee Day Enterprises Ltd. on Wednesday announced that it requires further time to announce its audited financial results for the quarter ended June 30 and half year ended September 30 of fiscal 2019-20.

    The company’s board of directors said it had appointed Ashok Kumar Malhotra to investigate into the letters which former chairman late V.G. Siddhartha had written prior to his demise The process was still under way and would be completed in a few weeks, company said.

     

  • 09:16 IST: Coffee Day Enterprises Ltd. on Wednesday announced that it requires further time to announce its audited financial results for the quarter ended June 30 and half year ended September 30 of fiscal 2019-20.

    The company’s board of directors said it had appointed Ashok Kumar Malhotra to investigate into the letters which former chairman late V.G. Siddhartha had written prior to his demise The process was still under way and would be completed in a few weeks, company said.

     

  • 09:09 IST

    Market pre-opens positive on Thursday

    At the pre-open session on Thursday, Sensex has risen 66 points from 40,179 and Nifty  is rising 22 points at 11,863 level.

  • 09:09 IST: At the pre-open session on Thursday, Sensex has risen 66 points from 40,179 and Nifty  is rising 22 points at 11,863 level.

  • 09:07 IST

    IRCTC announces 1st earnings since listing



    IRCTC announced its first earnings after its listing on Indian bourses on October 14, 2019. Helped by sharp rise in revenue from e-ticketing segment, IRCTC reported a 14% yearly advance in its consolidated net profit to Rs 172.16 crore for the half-year period ended September 30, 2019,


    IRCTC's revenue from catering business increased 12.06% yearly to Rs 538.66 crore versus Rs 480.65 crore in the same period last year, while its earnings from internet ticketing services rose 80.8% yearly to Rs 199.3 crore from Rs 110.23 crore.
     
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  • 09:07 IST:

    IRCTC announced its first earnings after its listing on Indian bourses on October 14, 2019. Helped by sharp rise in revenue from e-ticketing segment, IRCTC reported a 14% yearly advance in its consolidated net profit to Rs 172.16 crore for the half-year period ended September 30, 2019,


    IRCTC's revenue from catering business increased 12.06% yearly to Rs 538.66 crore versus Rs 480.65 crore in the same period last year, while its earnings from internet ticketing services rose 80.8% yearly to Rs 199.3 crore from Rs 110.23 crore.
     
    Read more

  • 09:00 IST

    Rupee on Wednesday

    The rupee on Wednesday fell 62 paise to hit over a two-month low of 72.09 against the US dollar amid US-China trade dela uncertainity and poor macro data amid lingering indications of economic depression.

  • 09:00 IST: The rupee on Wednesday fell 62 paise to hit over a two-month low of 72.09 against the US dollar amid US-China trade dela uncertainity and poor macro data amid lingering indications of economic depression.

  • 08:57 IST

    FII remain bullish, DII stays bearish

    Net investment of equity and debt reported by foreign portfolio investors (FPIs) remained positive with net buying logged at Rs 584.92 crore from Indian equities while domestic institutional investors (DIIs) turned bearish with net selling logged at Rs 890.03 crore on Wednesday.

     

  • 08:57 IST: Net investment of equity and debt reported by foreign portfolio investors (FPIs) remained positive with net buying logged at Rs 584.92 crore from Indian equities while domestic institutional investors (DIIs) turned bearish with net selling logged at Rs 890.03 crore on Wednesday.

     

  • 08:56 IST

    Global Market Update


    Asian markets have opened on a positive note, with Nikkei, South Korea Index gaining marginally while Hong Kong Index declined 0.4%. SGX Nifty gained 29 points or 0.2% earlier.

    SGX Nifty currently hovers 0.16% higher at 11,885, indicating a higher opening for the Indian market.

     

  • 08:56 IST:
    Asian markets have opened on a positive note, with Nikkei, South Korea Index gaining marginally while Hong Kong Index declined 0.4%. SGX Nifty gained 29 points or 0.2% earlier.

    SGX Nifty currently hovers 0.16% higher at 11,885, indicating a higher opening for the Indian market.

     

  • 08:55 IST

    Results Today

    Companies that are due to post their quarterly results today are namely ONGC, Bharti Airtel, Vodafone Idea, IDFC, Prabhat Dairy, Godfrey Phillips, Dilip Buildcon, HCC, Apollo Hospitals Enterprise, Reliance Infrastructure,Future Retail, SAIL, Grasim Industries, Union Bank of India, Glenmark Pharma, MEP Infrastructure, Balkrishna Industries, MTNL, GVK Power, Suzlon Energy, GMR Infra, Unitech, PFC, Reliance Power, Sadbhav Engineering, Dish TV, Page Industries, MOIL, Suven Life, NBCC, CESC among others.

     

  • 08:55 IST: Companies that are due to post their quarterly results today are namely ONGC, Bharti Airtel, Vodafone Idea, IDFC, Prabhat Dairy, Godfrey Phillips, Dilip Buildcon, HCC, Apollo Hospitals Enterprise, Reliance Infrastructure,Future Retail, SAIL, Grasim Industries, Union Bank of India, Glenmark Pharma, MEP Infrastructure, Balkrishna Industries, MTNL, GVK Power, Suzlon Energy, GMR Infra, Unitech, PFC, Reliance Power, Sadbhav Engineering, Dish TV, Page Industries, MOIL, Suven Life, NBCC, CESC among others.

     

  • 08:53 IST

    Trump threatens for more tariffs on China before Christmas




    U.S. President Donald Trump has again threatened to jack up U.S. tariffs on Chinese goods if the world’s two largest economies fail to reach a trade deal. Additionally, the previously announced 15% tariffs on about $156 billion worth of Chinese-made consumer goods will be scheduled to take effect on December 15

    Stocks fell on Wednesday in Asia and Europe and initially in the United States as investors turned cautious as Trump on Tuesday said a trade deal with China was “close,” but offered no details and warned that he would raise tariffs “substantially” on Chinese goods without a deal.

     

  • 08:53 IST:


    U.S. President Donald Trump has again threatened to jack up U.S. tariffs on Chinese goods if the world’s two largest economies fail to reach a trade deal. Additionally, the previously announced 15% tariffs on about $156 billion worth of Chinese-made consumer goods will be scheduled to take effect on December 15

    Stocks fell on Wednesday in Asia and Europe and initially in the United States as investors turned cautious as Trump on Tuesday said a trade deal with China was “close,” but offered no details and warned that he would raise tariffs “substantially” on Chinese goods without a deal.

     

  • 08:47 IST

    SGX Nifty turns negative

    SGX Nifty turned neagtive and currently trades down by 0.050 points or 0.56%, indicating a negative start for the domestic indices

  • 08:47 IST: SGX Nifty turned neagtive and currently trades down by 0.050 points or 0.56%, indicating a negative start for the domestic indices

  • 08:43 IST

    Last close on Wednesday

    On Wednesday, equity indices Sensex and Nifty fell further by the last hour of trade to close 0.60% lower each, backed by heavy selling pressure in media, banking and realty stocks.

    While Sensex closed 229 points lower at 40,116 level, Nifty ended the day's trade at 11,840, declining 73 points. 

    Sensex Today: Share market ends in red, Sensex ends 229 points lower; Nifty at 11,840

  • 08:43 IST: On Wednesday, equity indices Sensex and Nifty fell further by the last hour of trade to close 0.60% lower each, backed by heavy selling pressure in media, banking and realty stocks.

    While Sensex closed 229 points lower at 40,116 level, Nifty ended the day's trade at 11,840, declining 73 points. 

    Sensex Today: Share market ends in red, Sensex ends 229 points lower; Nifty at 11,840