Business Today
Loading...

Share Market Today: Sensex ends above 41K for first time; Nifty logs record closing of 12,100

BusinessToday.In | 27 November 2019

Share Market Today: Equity indices closed at record-high levels on Wednesday, with BSE Sensex and NSE Nifty ending 0.50% higher by the closing bell. BSE Sensex closed 199 points higher at 41,020 and NSE Nifty at 12,100, rising 45 points against its previous close. On the sectoral front, except media and realty indices, all the other sector-based indices closed in the green, with major advances registered in auto, metal and pharma scrips. YES Bank, Ultra Cement, Hindalco, HCL Tech and Tata Motors were among the top gainers in the afternoon session, L&T, Bharti Infratel, Cipla, NTPC and ICICI Bank were among the major losers of Wednesday's session.

Check Latest Updates

  • Share Market Today: Sector-based indices mostly traded in green, barring realty index. Most advance was registered in IT, auto and media stocks, followed by marginal gains in metal and pharma scrips.
  • 15:53 IST

    Closing Bell

    Share Market Today: Equity indices closed at record-high levels on Wednesday, with BSE Sensex and NSE Nifty ending 0.50% higher by the closing bell.

    BSE Sensex closed 199 points higher at 41,020 and NSE Nifty at 12,100, rising 45 points against its previous close.

    On the sectoral front, except media and realty indices, all the other sector-based indices closed in the green, with major advances registered in auto, metal and pharma scrips.

    YES Bank, Ultra Cement, Hindalco, HCL Tech and Tata Motors were among the top gainers in the afternoon session, L&T, Bharti Infratel, Cipla, NTPC and ICICI Bank were among the major losers of Wednesday's session.

  • 15:53 IST: Share Market Today: Equity indices closed at record-high levels on Wednesday, with BSE Sensex and NSE Nifty ending 0.50% higher by the closing bell.

    BSE Sensex closed 199 points higher at 41,020 and NSE Nifty at 12,100, rising 45 points against its previous close.

    On the sectoral front, except media and realty indices, all the other sector-based indices closed in the green, with major advances registered in auto, metal and pharma scrips.

    YES Bank, Ultra Cement, Hindalco, HCL Tech and Tata Motors were among the top gainers in the afternoon session, L&T, Bharti Infratel, Cipla, NTPC and ICICI Bank were among the major losers of Wednesday's session.

  • 14:43 IST

    Market Update

     Share Market Today: Benchmark indices Sensex and Nifty traded higher by Wednesday's afternoon session, amid heavy buying in auto and metal indices. BSE Sensex currently trades 150 points higher at 40,965 and NSE Nifty at 12,085, rising 45 points against its previous close.

    On the sectoral front, except media and realty indices, all the other sector-based indices traded in the green, with major advances registered in auto, metal and pharma scrips.

    YES Bank, Ultra Cement, Hindalco, HCL Tech and Tata Motors were among the top gainers in the afternoon session, L&T, Bharti Infratel, Cipla, NTPC and ICICI Bank were among the major losers of Wednesday's session.

  • 14:43 IST:  Share Market Today: Benchmark indices Sensex and Nifty traded higher by Wednesday's afternoon session, amid heavy buying in auto and metal indices. BSE Sensex currently trades 150 points higher at 40,965 and NSE Nifty at 12,085, rising 45 points against its previous close.

    On the sectoral front, except media and realty indices, all the other sector-based indices traded in the green, with major advances registered in auto, metal and pharma scrips.

    YES Bank, Ultra Cement, Hindalco, HCL Tech and Tata Motors were among the top gainers in the afternoon session, L&T, Bharti Infratel, Cipla, NTPC and ICICI Bank were among the major losers of Wednesday's session.

  • 14:10 IST

    BASF India shares rise 3%

    Shares of BASF India rose on Wednesday's trade after the company announced that it is planning to double its capacity for polymer dispersions with a new production line at its site in Dahej, Gujarat.

    Following the announcement, BASF share price rose 3.11% to day's high Rs 1019.3 on the BSE.

    "Through this investment, the Company aims to provide a reliable supply of high-quality dispersion solutions to customers in the fast-growing Indian and South Asian markets," the company said in a regulatory filing.

    Read more

  • 14:10 IST: Shares of BASF India rose on Wednesday's trade after the company announced that it is planning to double its capacity for polymer dispersions with a new production line at its site in Dahej, Gujarat.

    Following the announcement, BASF share price rose 3.11% to day's high Rs 1019.3 on the BSE.

    "Through this investment, the Company aims to provide a reliable supply of high-quality dispersion solutions to customers in the fast-growing Indian and South Asian markets," the company said in a regulatory filing.

    Read more

  • 13:43 IST

    Reliance Capital shares decline 3%



    Reliance Capital shares fell nearly 3% on Wednesday after the company said it had defaulted on payments obligations of interest and the principal amount for two non-convertible debentures (NCD), that were due on November 25 and November 26.

    Reliance Capital said in the filing that the rating downgrade on company's entire outstanding debt to default 'CARE D' by CARE Ratings on September 20, 2019, has initiated acceleration of various facilities by certain lenders.

    "Accordingly, as regards the non-convertible debentures, the interest/principal obligations due on November 25, 2019, and November 26, 2019, are also delayed," the company said in the regulatory filing submitted yesterday.

    "It is expected that the debt servicing of the company in relation to the accelerated amounts and otherwise will be delayed," it added later.

    Read more

     

  • 13:43 IST:

    Reliance Capital shares fell nearly 3% on Wednesday after the company said it had defaulted on payments obligations of interest and the principal amount for two non-convertible debentures (NCD), that were due on November 25 and November 26.

    Reliance Capital said in the filing that the rating downgrade on company's entire outstanding debt to default 'CARE D' by CARE Ratings on September 20, 2019, has initiated acceleration of various facilities by certain lenders.

    "Accordingly, as regards the non-convertible debentures, the interest/principal obligations due on November 25, 2019, and November 26, 2019, are also delayed," the company said in the regulatory filing submitted yesterday.

    "It is expected that the debt servicing of the company in relation to the accelerated amounts and otherwise will be delayed," it added later.

    Read more

     

  • 12:59 IST

    Thomas Cook India declines nearly 4%

    Thomas Cook (India) announced that CRISIL has reaffirmed its corporate credit rating to 'AA-/ stable'. Additionally, CRISIL has reaffirmed its rating on the debt programmes and bank facilities of Thomas Cook (India) at 'AA-/Stable/ A1+'.

    Despite the reafiirmation by the brokerage, the share price of Thomas Cook India fell 3.9% to the day's low of Rs 146 on the BSE. The fall in the stock price is in-line with 'Travel Services' sector on the BSE, that has fallen by 3.09%.

    CRISIL highlighted in its rating rationale that Thomas Cook India is a completely separate entity from Thomas Cook PLC post acquisition of a 77% stake by Canada based Fairfax Financial Holdings in 2012 and there are no shareholding and business linkage between the two entities.

    CRISIL added,“The liquidation of the UK based entity should not have a material impact on  TCIL’s credit risk profile.”

  • 12:59 IST: Thomas Cook (India) announced that CRISIL has reaffirmed its corporate credit rating to 'AA-/ stable'. Additionally, CRISIL has reaffirmed its rating on the debt programmes and bank facilities of Thomas Cook (India) at 'AA-/Stable/ A1+'.

    Despite the reafiirmation by the brokerage, the share price of Thomas Cook India fell 3.9% to the day's low of Rs 146 on the BSE. The fall in the stock price is in-line with 'Travel Services' sector on the BSE, that has fallen by 3.09%.

    CRISIL highlighted in its rating rationale that Thomas Cook India is a completely separate entity from Thomas Cook PLC post acquisition of a 77% stake by Canada based Fairfax Financial Holdings in 2012 and there are no shareholding and business linkage between the two entities.

    CRISIL added,“The liquidation of the UK based entity should not have a material impact on  TCIL’s credit risk profile.”

  • 12:49 IST

    SpiceJet share price falls over 2%


    The share price of SpiceJet fell 2.12% to Rs 103.60 compared to the previous close of Rs 105.85  on Wednesday after HSBC cut target price for the stock, citing weak Q2 earnings and rising costs.

    The brokerage firm HSBC said it gave a hold rating to the SpiceJet stock and cut its target price to Rs 115 from the earlier Rs 130, on back of Q2 earnings of SpiceJet that were worse than expected.

    HSBC cut FY20 profit estimate for the airline by 27% and added that the profitability of the airline in second half of this fiscal is likely to be affected by subdued yield and rising costs.

    Read more

  • 12:49 IST:
    The share price of SpiceJet fell 2.12% to Rs 103.60 compared to the previous close of Rs 105.85  on Wednesday after HSBC cut target price for the stock, citing weak Q2 earnings and rising costs.

    The brokerage firm HSBC said it gave a hold rating to the SpiceJet stock and cut its target price to Rs 115 from the earlier Rs 130, on back of Q2 earnings of SpiceJet that were worse than expected.

    HSBC cut FY20 profit estimate for the airline by 27% and added that the profitability of the airline in second half of this fiscal is likely to be affected by subdued yield and rising costs.

    Read more

  • 12:44 IST

    Ashok Leyland rises 3% after order win





    Ashok Leyland shares traded 3% higher in Wednesday early session after the company announced that it has bagged order for 1,750 buses from Tamil Nadu State Transport Undertakings.

    "With this order, our orderbook for State Transport Undertakings has enhanced significantly. This is a testament to the reliability, durability and robustness of our buses. The cost of ownership and the product experience which we can deliver is the best in the industry," quoted Sanjay Saraswat, President of MHCV section in Ashok Leyland.

    Ashok Leyland is currently the 4th largest manufacturer of buses in the world and India's largest bus manufacturer.

  • 12:44 IST:



    Ashok Leyland shares traded 3% higher in Wednesday early session after the company announced that it has bagged order for 1,750 buses from Tamil Nadu State Transport Undertakings.

    "With this order, our orderbook for State Transport Undertakings has enhanced significantly. This is a testament to the reliability, durability and robustness of our buses. The cost of ownership and the product experience which we can deliver is the best in the industry," quoted Sanjay Saraswat, President of MHCV section in Ashok Leyland.

    Ashok Leyland is currently the 4th largest manufacturer of buses in the world and India's largest bus manufacturer.

  • 12:37 IST

    Market Update: Sensex, Nifty erase early gains

    Share Market Today: Benchmark indices Sensex and Nifty  gave up early gains to trade flat-to-positive, amid heavy selling pressure in realty indices. BSE Sensex currently trades 50 points higher at 40,874 and NSE Nifty at 12,064, rising 25 points against its previous close.

    Sector-based indices mostly traded in green, barring realty index. Most advances were registered in IT, auto and media stocks, followed by marginal gains in metal and pharma scrips.

    Top gainers in Wednesday's afternoon session are YES Bank, Mahindra and Mahindra, UPL , Tata Motors and Maruti. On the contrary, Cipla, Larsen & Toubro, ICICI Bank, Bharti Infratel and Bharti Airtel were among the worst performing stocks in today's trade.

  • 12:37 IST: Share Market Today: Benchmark indices Sensex and Nifty  gave up early gains to trade flat-to-positive, amid heavy selling pressure in realty indices. BSE Sensex currently trades 50 points higher at 40,874 and NSE Nifty at 12,064, rising 25 points against its previous close.

    Sector-based indices mostly traded in green, barring realty index. Most advances were registered in IT, auto and media stocks, followed by marginal gains in metal and pharma scrips.

    Top gainers in Wednesday's afternoon session are YES Bank, Mahindra and Mahindra, UPL , Tata Motors and Maruti. On the contrary, Cipla, Larsen & Toubro, ICICI Bank, Bharti Infratel and Bharti Airtel were among the worst performing stocks in today's trade.

  • 12:20 IST

    Auto index up on reports of scrappage policy approval on CCEA meet

    Automobile stocks along with auto ancillaries were trading higher, with the Nifty Auto index climbing nearly 2% in Wednesday's early trade, following media reports that Cabinet may consider approving policy to scarp old vehicles in today's Cabinet Committee on Economic Affairs (CCEA) meeting.

    Shares of Tata Motors, Mahindra & Mahindra, Bharat Forge and Ashok Leyland climbed 3% on NSE, followed by Maruti Suzuki India, Eicher Motors, Hero MotoCorp, TVS Motor Company and Bajaj Auto that traded higher in the range of 1-2% each.

     

  • 12:20 IST: Automobile stocks along with auto ancillaries were trading higher, with the Nifty Auto index climbing nearly 2% in Wednesday's early trade, following media reports that Cabinet may consider approving policy to scarp old vehicles in today's Cabinet Committee on Economic Affairs (CCEA) meeting.

    Shares of Tata Motors, Mahindra & Mahindra, Bharat Forge and Ashok Leyland climbed 3% on NSE, followed by Maruti Suzuki India, Eicher Motors, Hero MotoCorp, TVS Motor Company and Bajaj Auto that traded higher in the range of 1-2% each.

     

  • 11:57 IST

    L&T Finance Holdings rises over 5%



    The share price of L&T Finance Holdings jumped nearly 5 per cent in early trade after the company said it plans to raise Rs 60 crore through private placement of Non-Convertible Debentures (NCDs).

    "The company's committee of directors has approved raising of funds up to Rs 60 crore through issuance of cumulative compulsorily redeemable non-convertible preference shares on a private placement basis," L&T group company said in an exchange filing on Tuesday.

    The company will determine price for the proposed issue on 29 November 2019, it added.

    Read more

  • 11:57 IST:

    The share price of L&T Finance Holdings jumped nearly 5 per cent in early trade after the company said it plans to raise Rs 60 crore through private placement of Non-Convertible Debentures (NCDs).

    "The company's committee of directors has approved raising of funds up to Rs 60 crore through issuance of cumulative compulsorily redeemable non-convertible preference shares on a private placement basis," L&T group company said in an exchange filing on Tuesday.

    The company will determine price for the proposed issue on 29 November 2019, it added.

    Read more

  • 11:16 IST

    Market Update

    Global indices inched higher on Wednesday amid renewed hopes of a breakthrough in the trade deal between the US and China, that enthused investor sentiments. According to analysts, short covering ahead of the expiry of November derivatives contracts on Thursday is also contributing to the rally.

    Moreover, Foreign portfolio investors (FPIs) have turned net buyers of Indian equities for last 3 months after being net sellers in July and August.



     

  • 11:16 IST: Global indices inched higher on Wednesday amid renewed hopes of a breakthrough in the trade deal between the US and China, that enthused investor sentiments. According to analysts, short covering ahead of the expiry of November derivatives contracts on Thursday is also contributing to the rally.

    Moreover, Foreign portfolio investors (FPIs) have turned net buyers of Indian equities for last 3 months after being net sellers in July and August.



     

  • 11:14 IST

    Market Update

    Share Market Today: Benchmark indices Sensex and Nifty are trading higher on Wednesday, led by gains in HDFC twins, TCS and RIL as unabated foreign fund inflow and positive global cues enthused investor sentiments. BSE Sensex currently trades 120 points higher at 40,939 and NSE Nifty at 12,080, rising 42 points higher against its previous close.

  • 11:14 IST: Share Market Today: Benchmark indices Sensex and Nifty are trading higher on Wednesday, led by gains in HDFC twins, TCS and RIL as unabated foreign fund inflow and positive global cues enthused investor sentiments. BSE Sensex currently trades 120 points higher at 40,939 and NSE Nifty at 12,080, rising 42 points higher against its previous close.

  • 11:09 IST

    Rupee rises to 71.40 per dollar

    The Indian rupee gathered momentum and touched 71.40 against the US dollar, registering a rise of 10 paise over its previous close in early trade on Wednesday amid positive opening in domestic equities and sustained foreign fund inflows, easing crude prices.

    Read more

  • 11:09 IST:

    The Indian rupee gathered momentum and touched 71.40 against the US dollar, registering a rise of 10 paise over its previous close in early trade on Wednesday amid positive opening in domestic equities and sustained foreign fund inflows, easing crude prices.

    Read more

  • 10:52 IST

    RBI to cut interest rates in Dec




    The Reserve Bank of India, that has cut rates by 135 basis points this year to 5.15%, will slash interest rates in December for a sixth time this year, and again before July, according to economists in a Reuters poll who forecast those reductions would either marginally boost the economy or have no impact.

    "Further rate cuts are likely to have a limited impact on the economy as cost of borrowing is not the pressing issue. The lack of risk appetite and fragile sentiment are holding back fresh investment in the economy," said Sakshi Gupta, senior India economist at HDFC Bank.

    Read more

  • 10:52 IST:


    The Reserve Bank of India, that has cut rates by 135 basis points this year to 5.15%, will slash interest rates in December for a sixth time this year, and again before July, according to economists in a Reuters poll who forecast those reductions would either marginally boost the economy or have no impact.

    "Further rate cuts are likely to have a limited impact on the economy as cost of borrowing is not the pressing issue. The lack of risk appetite and fragile sentiment are holding back fresh investment in the economy," said Sakshi Gupta, senior India economist at HDFC Bank.

    Read more

  • 10:48 IST

    Brent crude slips

    Brent futures, the global oil benchmark, slipped 0.24 per cent to USD 63.06 per barrel.

  • 10:48 IST: Brent futures, the global oil benchmark, slipped 0.24 per cent to USD 63.06 per barrel.

  • 10:47 IST

    Sensex pack gainers and losers

    Yes Bank was the top gainer in the Sensex pack rallying up to 5 per cent, followed by Tata Motors, M&M, HDFC, HDFC Bank, Maruti, IndusInd Bank, Vedanta and TCS.

    On the other hand, ICICI Bank, Tata Steel, L&T and ITC were trading in the red.

  • 10:47 IST: Yes Bank was the top gainer in the Sensex pack rallying up to 5 per cent, followed by Tata Motors, M&M, HDFC, HDFC Bank, Maruti, IndusInd Bank, Vedanta and TCS.

    On the other hand, ICICI Bank, Tata Steel, L&T and ITC were trading in the red.

  • 10:41 IST

    Sterling and Wilson Solar declines 1%


    Sterling and Wilson Solar shares fell nearly 1% in the trade today after India Ratings and Research placed the firm's long-term issuer rating of 'IND AA-' on rating 'watch negative' from 'stable'.

    The rating agency attributed the rating downgrade to the uncertainty regarding the refinancing/rollover of SWSL’s short-term loans maturing between November 2019-January 2020. SWSL has significant amount of debt to be repaid and delays in the settlement of these intercorporate deposits by promoters will further detoriate the condition.

    "Ind-Ra expects SWSL to provide clarity on its refinancing plans by the first week of December 2019. Any delay in the refinancing arrangement beyond that will be credit negative," the ratings firm said.

    The rating firm added, "Given that Shapoorji Pallonji & Company Private Limited (SPCPL) continues to be the majority shareholder of SWSL, the rating of SWSL would remain linked to the credit profile of SPCPL and any further material deterioration in the credit profile of SPCPL will be negative for SWSL’s ratings."

  • 10:41 IST:
    Sterling and Wilson Solar shares fell nearly 1% in the trade today after India Ratings and Research placed the firm's long-term issuer rating of 'IND AA-' on rating 'watch negative' from 'stable'.

    The rating agency attributed the rating downgrade to the uncertainty regarding the refinancing/rollover of SWSL’s short-term loans maturing between November 2019-January 2020. SWSL has significant amount of debt to be repaid and delays in the settlement of these intercorporate deposits by promoters will further detoriate the condition.

    "Ind-Ra expects SWSL to provide clarity on its refinancing plans by the first week of December 2019. Any delay in the refinancing arrangement beyond that will be credit negative," the ratings firm said.

    The rating firm added, "Given that Shapoorji Pallonji & Company Private Limited (SPCPL) continues to be the majority shareholder of SWSL, the rating of SWSL would remain linked to the credit profile of SPCPL and any further material deterioration in the credit profile of SPCPL will be negative for SWSL’s ratings."

  • 10:20 IST

    Maruti shares rise 1.7%

    Maruti Suzuki shares rose 1.7 % or 120.65 higher to the day's high of Rs 7,248 on the BSE, against the previous closing of Rs 7,127.35.

    Competition Commission of India (CCI) on Tuesday approved the minority stake purchase deal of Toyota Motor Corporation and Suzuki Motor Corporation. Japanese car and motorcycle manufacturer Suzuki Motor Corporation owns 56.21% stake in Maruti Suzuki India.

  • 10:20 IST: Maruti Suzuki shares rose 1.7 % or 120.65 higher to the day's high of Rs 7,248 on the BSE, against the previous closing of Rs 7,127.35.

    Competition Commission of India (CCI) on Tuesday approved the minority stake purchase deal of Toyota Motor Corporation and Suzuki Motor Corporation. Japanese car and motorcycle manufacturer Suzuki Motor Corporation owns 56.21% stake in Maruti Suzuki India.

  • 10:08 IST

    Sical Logistics plunges 4%

    Shares of Sical Logistics, part of Coffee Day Group, fell in the early trade Wednesday as the company annoucned that it has sought shareholder's approval to sell or hive off business undertakings, including through sale of shares and assets.

    The share price of Sical Logistics fell 4.5% to the intraday low of Rs 19 on BSE, with only sellers offering and no buyers bidding on the stock price.

  • 10:08 IST: Shares of Sical Logistics, part of Coffee Day Group, fell in the early trade Wednesday as the company annoucned that it has sought shareholder's approval to sell or hive off business undertakings, including through sale of shares and assets.

    The share price of Sical Logistics fell 4.5% to the intraday low of Rs 19 on BSE, with only sellers offering and no buyers bidding on the stock price.

  • 10:05 IST

    YES Bank rises over 5%

    Shares of private lender YES Bank rose over 5% in the early session of Wednesday, after the lender said that its board will meet on November 29 to discuss and consider raising of funds by issue of equity or equity linked securities through permissible modes, subjected to requisite shareholders approvals.

    Read more

  • 10:05 IST: Shares of private lender YES Bank rose over 5% in the early session of Wednesday, after the lender said that its board will meet on November 29 to discuss and consider raising of funds by issue of equity or equity linked securities through permissible modes, subjected to requisite shareholders approvals.

    Read more

  • 10:02 IST

    Rupee opens higher

    Rupee opened higher at 71.44 against the US dollar on Wednesday at the interbank forex exchange, as compared to yesterday's close f 71.48 per dollar.

  • 10:02 IST: Rupee opened higher at 71.44 against the US dollar on Wednesday at the interbank forex exchange, as compared to yesterday's close f 71.48 per dollar.

  • 09:57 IST

    FII remain bullish, DII stays bearish

    Net investment of equity and debt reported by foreign portfolio investors (FPIs) stayed bullish with net buying logged at Rs 4,677.75 crore from Indian equities while domestic institutional investors (DIIs) turned bearish with net selling logged at Rs 4,242.01 crore on Tuesday.

     

  • 09:57 IST: Net investment of equity and debt reported by foreign portfolio investors (FPIs) stayed bullish with net buying logged at Rs 4,677.75 crore from Indian equities while domestic institutional investors (DIIs) turned bearish with net selling logged at Rs 4,242.01 crore on Tuesday.

     

  • 09:55 IST

    Opening Session: Market Update

    Share Market Today: Benchmark indices Sensex and Nifty have opened higher on Wednesday, on back of strong global equities. Global markets ticked higher as progress in Sino-US trade talks helped offset concerns about a slowing economy. BSE Sensex started the day's trade 200 points higher at 41,050 and Nifty opened at 12,068.50, rising 31 points higher against its previous close.

  • 09:55 IST: Share Market Today: Benchmark indices Sensex and Nifty have opened higher on Wednesday, on back of strong global equities. Global markets ticked higher as progress in Sino-US trade talks helped offset concerns about a slowing economy. BSE Sensex started the day's trade 200 points higher at 41,050 and Nifty opened at 12,068.50, rising 31 points higher against its previous close.

  • 09:55 IST

    Sensex, Nifty intraday high

    On Wednesday's early trade, Sensex made a intraday high of 41,075.76, nearing to the lifetime high recorded yesterday at 41,120.28. Similarly, Nifty rose to day's high of 12,108.50, trading close to the all-time high of 12,132.45, recorded on Tuesday's trade.

  • 09:55 IST: On Wednesday's early trade, Sensex made a intraday high of 41,075.76, nearing to the lifetime high recorded yesterday at 41,120.28. Similarly, Nifty rose to day's high of 12,108.50, trading close to the all-time high of 12,132.45, recorded on Tuesday's trade.

  • 09:52 IST

    Sector indices trade in green

    Sector-based indices mostly traded in green, barring realty index. Most advances were registered in IT, auto and media stocks, followed by marginal gains in metal and pharma scrips.

  • 09:52 IST: Sector-based indices mostly traded in green, barring realty index. Most advances were registered in IT, auto and media stocks, followed by marginal gains in metal and pharma scrips.

  • 09:47 IST

    RIL nears Rs 10 lakh crore

    The market valuation of Reliance Industries stood at Rs 9,91,381.07 crore on Wednesday's opening trade, nearing close to the Rs 10 lakh crore mark

    On Tuesday the Mcap had zoomed to Rs 9,99,045 crore ($139 billion) but came down to Rs 9,88,179.79 crore (nearly $138 billion) by the closing bell.

    The company is still ahead of British energy major BP Plc in terms of market valuation.

    BP Plc's m-cap was at $131 billion in pre-market trade at NYSE.


    Read more

  • 09:47 IST: The market valuation of Reliance Industries stood at Rs 9,91,381.07 crore on Wednesday's opening trade, nearing close to the Rs 10 lakh crore mark

    On Tuesday the Mcap had zoomed to Rs 9,99,045 crore ($139 billion) but came down to Rs 9,88,179.79 crore (nearly $138 billion) by the closing bell.

    The company is still ahead of British energy major BP Plc in terms of market valuation.

    BP Plc's m-cap was at $131 billion in pre-market trade at NYSE.


    Read more

  • 09:21 IST

    Global Market Update



    Global markets ticked higher as progress in Sino-US trade talks helped offset concerns about a slowing US economy.

    On Wall Street, indices closed at fresh record highs on Tuesday, with Dow Jones Industrial Average rising 0.2%, S&P 500 gaining 0.22%,and the Nasdaq Composite adding 0.18%.

    Nikkei 225 and Taiwan Index traded higher, followed by marginal gains in Hang Seng, KOSPI, Shanghai Comp while Straits Times traded in the red.  MSCI's broadest index of Asia-Pacific shares outside Japan up 0.14%.

    On the Singaporean Exchange, SGX Nifty traded marginally higher at 12,098, indicating a positive start for the broader domestic markets.

  • 09:21 IST:

    Global markets ticked higher as progress in Sino-US trade talks helped offset concerns about a slowing US economy.

    On Wall Street, indices closed at fresh record highs on Tuesday, with Dow Jones Industrial Average rising 0.2%, S&P 500 gaining 0.22%,and the Nasdaq Composite adding 0.18%.

    Nikkei 225 and Taiwan Index traded higher, followed by marginal gains in Hang Seng, KOSPI, Shanghai Comp while Straits Times traded in the red.  MSCI's broadest index of Asia-Pacific shares outside Japan up 0.14%.

    On the Singaporean Exchange, SGX Nifty traded marginally higher at 12,098, indicating a positive start for the broader domestic markets.

  • 09:16 IST

    Stocks in the news today

    YES Bank, Sical Logistics, Maruti Suzuki India Ltd, HDFC AMC, Fortis Healthcare, L&T Finance Holdings, Reliance Capital, Sterling and Wilson Solar and Coromandel International are among the stocks that are likely to be in limelight in today's trading session, due to recent announcements made by the above listed entities.

    Read more

  • 09:16 IST: YES Bank, Sical Logistics, Maruti Suzuki India Ltd, HDFC AMC, Fortis Healthcare, L&T Finance Holdings, Reliance Capital, Sterling and Wilson Solar and Coromandel International are among the stocks that are likely to be in limelight in today's trading session, due to recent announcements made by the above listed entities.

    Read more

  • 09:12 IST

    Last Close

    On Tuesday's trade, benchmark indices hit fresh lifetime highs in the morning session, although erased gains and closed negative. Sensex ended 67 points lower at 40,821 and Nifty traded 24 points lower at 12,049 by the closing bell.

    Read more

  • 09:12 IST: On Tuesday's trade, benchmark indices hit fresh lifetime highs in the morning session, although erased gains and closed negative. Sensex ended 67 points lower at 40,821 and Nifty traded 24 points lower at 12,049 by the closing bell.

    Read more