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Sensex Today: Share market ends in green, Sensex closes 174 points higher; Nifty at 12,037

BusinessToday.In | 04 December 2019

Share Market Today: Domestic equity indices closed on a bullish note, tracking gains in Asian markets following reports that China and America were moving closer to a trade deal. BSE Sensex closed 174 points higher at 40,850 and NSE Nifty ended at 12,037, rising 43 points against its previous close. All the sector-based indices except realty turned green by the closing hour, with nearly 2% rise in PSU banks, followed 1.5% advance in IT, metal and banking indices. Tata Motors, YES Bank, ICICI bank, Adani Ports and Tech Mahindra were among the top gainers by the closing session of Wednesday, while Reliance Industries, L&T, JSW Steel, HDFC Bank and Asian Paints were among the top losers.Share Market Today: Domestic equity indices turned bullish, tracking gains in Asian markets following reports that China and America were moving closer to a trade deal. BSE Sensex traded 164 points higher at 40,840 and NSE Nifty traded at 12,050, rising 56 points against its previous close. All the sector-based indices turned green, with 2% rise in PSU banks, followed 1.5% advance in IT, metal and banking indices. Tata Motors, YES Bank, ICICI bank, Adani Ports and Tech Mahindra were among the top gainers on Wednesday, while Reliance Industries, L&T, JSW Steel, HDFC Bank and Asian Paints were among the top losers.

 

 

 

Check Latest Updates

  • Share Market Today: All the sector-based indices except realty turned green by the closing hour, with nearly 2% rise in PSU banks, followed 1.5% advance in IT, metal and banking indices.
  • 15:51 IST

    Closing Bell

    Share Market Today: Domestic equity indices closed on a bullish note, tracking gains in Asian markets following reports that China and America were moving closer to a trade deal.

    BSE Sensex closed 174 points higher at 40,850 and NSE Nifty ended at 12,037, rising 43 points against its previous close.

    All the sector-based indices except realty turned green by the closing hour, with nearly 2% rise in PSU banks, followed 1.5% advance in IT, metal and banking indices.

    Tata Motors, YES Bank, ICICI bank, Adani Ports and Tech Mahindra were among the top gainers by the closing session of Wednesday, while Reliance Industries, L&T, JSW Steel, HDFC Bank and Asian Paints were among the top losers.

     

  • 15:51 IST: Share Market Today: Domestic equity indices closed on a bullish note, tracking gains in Asian markets following reports that China and America were moving closer to a trade deal.

    BSE Sensex closed 174 points higher at 40,850 and NSE Nifty ended at 12,037, rising 43 points against its previous close.

    All the sector-based indices except realty turned green by the closing hour, with nearly 2% rise in PSU banks, followed 1.5% advance in IT, metal and banking indices.

    Tata Motors, YES Bank, ICICI bank, Adani Ports and Tech Mahindra were among the top gainers by the closing session of Wednesday, while Reliance Industries, L&T, JSW Steel, HDFC Bank and Asian Paints were among the top losers.

     

  • 15:15 IST

    Market Update

    BSE Sensex traded 164 points higher at 40,840 and NSE Nifty traded at 12,050, rising 56 points against its previous close.

     

  • 15:15 IST: BSE Sensex traded 164 points higher at 40,840 and NSE Nifty traded at 12,050, rising 56 points against its previous close.

     

  • 15:13 IST

    Market turns positive

    Share Market Today: Domestic equity indices turned bullish, with Sensex and Nifty rising 0.35% each by the afternoon session of Wednesday, tracking gains in Asian markets following  reports that China and America were moving closer to a trade deal.

    All the sector-based indices turned green, with 2% rise in PSU banks, followed 1.5% advance in IT, metal and banking indices.

    Tata Motors, YES Bank, ICICI bank, Adani Ports and Tech Mahindra were among the top gainers on Wednesday, while Reliance Industries, L&T, JSW Steel, HDFC Bank and Asian Paints were among the top losers.

     

  • 15:13 IST: Share Market Today: Domestic equity indices turned bullish, with Sensex and Nifty rising 0.35% each by the afternoon session of Wednesday, tracking gains in Asian markets following  reports that China and America were moving closer to a trade deal.

    All the sector-based indices turned green, with 2% rise in PSU banks, followed 1.5% advance in IT, metal and banking indices.

    Tata Motors, YES Bank, ICICI bank, Adani Ports and Tech Mahindra were among the top gainers on Wednesday, while Reliance Industries, L&T, JSW Steel, HDFC Bank and Asian Paints were among the top losers.

     

  • 13:52 IST

    Losers and Gainers

    Reliance Industries, L&T, JSW Steel, HDFC Bank and Asian Paints were among the top losers on Wednesday. Tata Motors, YES Bank, ICICI Bank, Adani Ports and Tech Mahindra were among the top gainers on Wednesday.

  • 13:52 IST: Reliance Industries, L&T, JSW Steel, HDFC Bank and Asian Paints were among the top losers on Wednesday. Tata Motors, YES Bank, ICICI Bank, Adani Ports and Tech Mahindra were among the top gainers on Wednesday.

  • 13:39 IST

    Dr. Reddy's Laboratories launches Bortezomib injection in US


    The share price of Dr. Reddy's Laboratories rose nearly 1% to the day's high of Rs 2,885, against the last closing of Rs 2,859.05 on the BSE today. The pharma major announced the launch of Bortezomib for Injection 3.5 mg/vial for Intravenous use in the US Market.


    Bortezomib for Injection 3.5 mg/vial is for intravenous use only and is indicated for the treatment of adult patients with multiple myeloma and for the treatment of adult patients with mantle cell lymphoma who have received at least one prior therapy, the filing read. 

  • 13:39 IST:
    The share price of Dr. Reddy's Laboratories rose nearly 1% to the day's high of Rs 2,885, against the last closing of Rs 2,859.05 on the BSE today. The pharma major announced the launch of Bortezomib for Injection 3.5 mg/vial for Intravenous use in the US Market.


    Bortezomib for Injection 3.5 mg/vial is for intravenous use only and is indicated for the treatment of adult patients with multiple myeloma and for the treatment of adult patients with mantle cell lymphoma who have received at least one prior therapy, the filing read. 

  • 13:33 IST

    Ramco Systems' Dubai arm bags 5-yr order



    Ramco Systems share price rose 6.5% to the day's high of Rs 150 today, against the last closing value of Rs 141.25 on BSE.

    Company's subsidiary, Ramco Systems FZ-LLC, Dubai has secured a 5-year order from West Asian MNC, one of the largest independent family-owned multinationals in the Middle East for implementing Ramco Logistics ERP.

    "The group will implement Ramco Warehouse Management System, part of Ramco Logistics Software, for its Logistics division offering Global Freight Forwarding and end to end Multimodal Supply Chain solutions to effectively manage capacity exceeding 40,000 m2 of storage space, with an open yard storage facility providing storage for petrochemical and having a specialised hazardous chemicals facility in the kingdom of Saudi Arabia," the company said in the BSE filing.


     

  • 13:33 IST:

    Ramco Systems share price rose 6.5% to the day's high of Rs 150 today, against the last closing value of Rs 141.25 on BSE.

    Company's subsidiary, Ramco Systems FZ-LLC, Dubai has secured a 5-year order from West Asian MNC, one of the largest independent family-owned multinationals in the Middle East for implementing Ramco Logistics ERP.

    "The group will implement Ramco Warehouse Management System, part of Ramco Logistics Software, for its Logistics division offering Global Freight Forwarding and end to end Multimodal Supply Chain solutions to effectively manage capacity exceeding 40,000 m2 of storage space, with an open yard storage facility providing storage for petrochemical and having a specialised hazardous chemicals facility in the kingdom of Saudi Arabia," the company said in the BSE filing.


     

  • 13:24 IST

    Eris Lifesciences rises over 3%


    The share price of Eris Lifesciences rose 3.12% to the day's high of Rs 447.45, against the closing price of Rs 433.90 on the BSE today. Eris Lifesciences acquired trademark ‘Zomelis’ and its associated trademarks from Novartis AG, based at Basel Switzerland for Indian pharmaceuticals market with effect from 10 December, 2019. The consideration involved in this trademark acquisition is US $ 13 million.

  • 13:24 IST:
    The share price of Eris Lifesciences rose 3.12% to the day's high of Rs 447.45, against the closing price of Rs 433.90 on the BSE today. Eris Lifesciences acquired trademark ‘Zomelis’ and its associated trademarks from Novartis AG, based at Basel Switzerland for Indian pharmaceuticals market with effect from 10 December, 2019. The consideration involved in this trademark acquisition is US $ 13 million.

  • 13:12 IST

    Market falls further

    Share Market Today: Domestic equity indices fell sharply on Wednesday, tracking sharp losses in Asian markets amid growing uncertainties about US-China trade deal talks. BSE S&P Sensex trades 185 points lower at 40,488 and NSE Nifty50 traded 50 points lower at 11,940. On the sectoral front, except IT, pharma and PSU bank, all the other sector-based indices turned red, with major declines registered in energy, metal and realty indices.

  • 13:12 IST: Share Market Today: Domestic equity indices fell sharply on Wednesday, tracking sharp losses in Asian markets amid growing uncertainties about US-China trade deal talks. BSE S&P Sensex trades 185 points lower at 40,488 and NSE Nifty50 traded 50 points lower at 11,940. On the sectoral front, except IT, pharma and PSU bank, all the other sector-based indices turned red, with major declines registered in energy, metal and realty indices.

  • 13:06 IST

    IRB infra declines 2%

    The share price of IRB Infrastructure Developers fell 2.1% to the day's low of Rs 70.50 today. The company announced that in a board meet, scheduled for December 6, 2019, the company aims to consider issue of non-convertible bonds.

  • 13:06 IST: The share price of IRB Infrastructure Developers fell 2.1% to the day's low of Rs 70.50 today. The company announced that in a board meet, scheduled for December 6, 2019, the company aims to consider issue of non-convertible bonds.

  • 12:49 IST

    Apollo Tyres enters Saudi Arabia

    Apollo Tyres share price rose 1.4% to Rs 168.50, against the last closing value of Rs 166.10 today. In a clarification reply to the exchanges BSE and NSE, the firm said it is entering Saudi Arabia through a tie-up with Al-Jomaih Tyres Company Limited.

    "Company is related to its tie-up with a distributor in Saudi Arabia for sales in Saudi Arabia only, through its wholly owned step-subsidiary in the Middle East," company said in the exchange filing.

    The tie-up does not have any material impact on the firm as the current sales of Saudi Arabia is less than 0.5 % of company's turnover, the filing added.

  • 12:49 IST: Apollo Tyres share price rose 1.4% to Rs 168.50, against the last closing value of Rs 166.10 today. In a clarification reply to the exchanges BSE and NSE, the firm said it is entering Saudi Arabia through a tie-up with Al-Jomaih Tyres Company Limited.

    "Company is related to its tie-up with a distributor in Saudi Arabia for sales in Saudi Arabia only, through its wholly owned step-subsidiary in the Middle East," company said in the exchange filing.

    The tie-up does not have any material impact on the firm as the current sales of Saudi Arabia is less than 0.5 % of company's turnover, the filing added.

  • 12:35 IST

    YES Bank rises 5%

    Share price of YES Bank rose nearly 5% on Wednesday to the day's high of Rs 62.35, against the previous closing price of Rs 59.50. YES Bank has sold its entire holding of 13.77 lakh equity shares, amounting to 5.49% (stake) of the paid-up share capital of One Point One Solutions Limited, bulk deal data on BSE showed.

     

  • 12:35 IST: Share price of YES Bank rose nearly 5% on Wednesday to the day's high of Rs 62.35, against the previous closing price of Rs 59.50. YES Bank has sold its entire holding of 13.77 lakh equity shares, amounting to 5.49% (stake) of the paid-up share capital of One Point One Solutions Limited, bulk deal data on BSE showed.

     

  • 12:16 IST

    Max India falls 5%

    The share price of Max India declined nearly 5% after the company announced that the IRDAI has approved the divestment of 51% stake of Max India in Max Bupa Health Insurance Company to True North. Max India share price fell 4.8% to the day's low of Rs 76.50, against the previous closing of Rs 80.40, following the news.

     

  • 12:16 IST: The share price of Max India declined nearly 5% after the company announced that the IRDAI has approved the divestment of 51% stake of Max India in Max Bupa Health Insurance Company to True North. Max India share price fell 4.8% to the day's low of Rs 76.50, against the previous closing of Rs 80.40, following the news.

     

  • 12:08 IST

    Market turns flat with negative bias, sectors turn green

    Share Market Today: After opening lower, domestic equity indices turned volatile to trade flat with negative bias amid weak global equities. BSE S&P Sensex trades 30 points lower at 40,645 and NSE Nifty50 traded 5 points lower at 11,988. On the sectoral front, except FMCG and metal, all the other sector-based indices turned green, with pharma and PSU banking advancing 1% each.

  • 12:08 IST: Share Market Today: After opening lower, domestic equity indices turned volatile to trade flat with negative bias amid weak global equities. BSE S&P Sensex trades 30 points lower at 40,645 and NSE Nifty50 traded 5 points lower at 11,988. On the sectoral front, except FMCG and metal, all the other sector-based indices turned green, with pharma and PSU banking advancing 1% each.

  • 11:04 IST

    SBI Mutual Fund buys 3 cr shares of Crompton Greaves

    Crompton Greaves shares traded higher on Wednesday after the company announced that SBI Mutual Fund bought 3.01 crores shares of the company through a bulk deal. The share price of Crompton Greaves Consumer Electrical rose 2% to the day's high of Rs 251.35 against the last closing of Rs 246.20 on BSE. SBI MF bought 3.01 crores shares at an average price of Rs 249.2 per share, totaling the deal value to Rs 750 crore.

     

  • 11:04 IST: Crompton Greaves shares traded higher on Wednesday after the company announced that SBI Mutual Fund bought 3.01 crores shares of the company through a bulk deal. The share price of Crompton Greaves Consumer Electrical rose 2% to the day's high of Rs 251.35 against the last closing of Rs 246.20 on BSE. SBI MF bought 3.01 crores shares at an average price of Rs 249.2 per share, totaling the deal value to Rs 750 crore.

     

  • 10:25 IST

    HDFC AMC declines 3%

    HDFC Asset Management Company (AMC) stock price fell 3% on Wednesday, after the company announced that it's promoters, Standard Life Investments will be selling 2.2% stake in the company through Offer For Sale (OFS).

    The stock price of HDFC AMC fell to the day's low of Rs 3,333.85, declining 3% against its last closing price of Rs 3,441.45 on BSE.



     

  • 10:25 IST: HDFC Asset Management Company (AMC) stock price fell 3% on Wednesday, after the company announced that it's promoters, Standard Life Investments will be selling 2.2% stake in the company through Offer For Sale (OFS).

    The stock price of HDFC AMC fell to the day's low of Rs 3,333.85, declining 3% against its last closing price of Rs 3,441.45 on BSE.



     

  • 10:16 IST

    Trade deal concerns

    US President Donald Trump has announced imposition of tariffs on imports from Brazil and Argentina as well as indicated that a deal with China might not be happening till next year's US presidential polls

  • 10:16 IST: US President Donald Trump has announced imposition of tariffs on imports from Brazil and Argentina as well as indicated that a deal with China might not be happening till next year's US presidential polls

  • 10:15 IST

    Rupee slips 12 paise to 71.78 against US dollar

    The Indian rupee was trading 12 paise lower at 71.78 to the US dollar in early deals. 

    As per currency analysts, rupee is trading in a narrow range as market is awaiting fresh cues on the potential US-China trade deal and sixth straight cut by Reserve Bank.

    Read more

     

  • 10:15 IST: The Indian rupee was trading 12 paise lower at 71.78 to the US dollar in early deals. 

    As per currency analysts, rupee is trading in a narrow range as market is awaiting fresh cues on the potential US-China trade deal and sixth straight cut by Reserve Bank.

    Read more

     

  • 10:06 IST

    CSB Bank settles at Rs 275 against the issue price of Rs 195

    The CSB Bank stock settled at Rs 275 in the pre-open session, also its opening price on BSE and NSE, that was 80 points or 41% higher against the issue price of Rs 195 per share.

    CSB Bank stock price has made an intraday high at Rs 295, rising 100 points or 51% from the issue price of Rs 195 apiece.

     

  • 10:06 IST: The CSB Bank stock settled at Rs 275 in the pre-open session, also its opening price on BSE and NSE, that was 80 points or 41% higher against the issue price of Rs 195 per share.

    CSB Bank stock price has made an intraday high at Rs 295, rising 100 points or 51% from the issue price of Rs 195 apiece.

     

  • 09:59 IST

    Market Update

    Asian stocks were trading sharply lower as investors turned more anxious seeing no breakthrough coming soon in US-China trade deal logjam.

    Domestic equity market indices too traded on a bearish note Wednesday, tracking sharp losses in Asian markets amid growing uncertainties about US-China trade deal talks.

    Domestic investors are also taking a cautious stance ahead of Reserve Bank's monetary policy outcome, which is due on Thursday.

    Internationally, investors were worried after US President Donald Trump said that a trade deal with China might have to wait until after the 2020 presidential polls.

  • 09:59 IST: Asian stocks were trading sharply lower as investors turned more anxious seeing no breakthrough coming soon in US-China trade deal logjam.

    Domestic equity market indices too traded on a bearish note Wednesday, tracking sharp losses in Asian markets amid growing uncertainties about US-China trade deal talks.

    Domestic investors are also taking a cautious stance ahead of Reserve Bank's monetary policy outcome, which is due on Thursday.

    Internationally, investors were worried after US President Donald Trump said that a trade deal with China might have to wait until after the 2020 presidential polls.

  • 09:53 IST

    Rupee opens at 71.80


    Rupee opened lower at 71.80 per dollar on Wednesday against the Tuesday's closing value of 71.68 per dollar.

  • 09:53 IST:
    Rupee opened lower at 71.80 per dollar on Wednesday against the Tuesday's closing value of 71.68 per dollar.

  • 09:48 IST

    Punjab Sind Bank declines 1%

    Punjab Sind Bank traded 1% lower on Wednesday, after the bank announced board meet scheduled for December 6, 2019, to revalidate the approval for a further period of 12 months to issue of equity shares by way of QIP for up to an amount of Rs 500 crore.

     

  • 09:48 IST: Punjab Sind Bank traded 1% lower on Wednesday, after the bank announced board meet scheduled for December 6, 2019, to revalidate the approval for a further period of 12 months to issue of equity shares by way of QIP for up to an amount of Rs 500 crore.

     

  • 09:42 IST

    Global Market Update

    Asian shares traded lower on Wednesday after US President Donald Trump he plans to close the trade deal with China after the 2020 presidential election.

    "In some ways, I like the idea of waiting until after the election for the China deal," he told reporters in London.

    Japan's Nikkei dropped 1% in early trade, while MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4%.

    While Nikkei 225 and Hang Seng dropped almost 300 points, Taiwan Index dropped 68 points, followed by marginal declines in KOSPI, Straits Times and Shanghai Comp

    On Wall Street, indices declined for the third consecutive session, with Dow Jones Industrial Average falling 1.29%, followed by the S&P 500 index that lost 0.95% and the Nasdaq Composite that dropped 0.93%.

  • 09:42 IST: Asian shares traded lower on Wednesday after US President Donald Trump he plans to close the trade deal with China after the 2020 presidential election.

    "In some ways, I like the idea of waiting until after the election for the China deal," he told reporters in London.

    Japan's Nikkei dropped 1% in early trade, while MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4%.

    While Nikkei 225 and Hang Seng dropped almost 300 points, Taiwan Index dropped 68 points, followed by marginal declines in KOSPI, Straits Times and Shanghai Comp

    On Wall Street, indices declined for the third consecutive session, with Dow Jones Industrial Average falling 1.29%, followed by the S&P 500 index that lost 0.95% and the Nasdaq Composite that dropped 0.93%.

  • 09:35 IST

    CSB Bank lists today

    Shares of Kerala-based CSB Bank will list on BSE and NSE today.

    The initial public offer (IPO) of CSB Bank was subscribed 87 times on November 26. The IPO through which the bank plans to raise Rs 410 crore started on November 22. While the portion meant for non-institutional investors was subscribed 164.68 times, qualified institutional buyers and retail investors put in bids for 62.18 times and 44.53 times for the shares allocated for them.

    Read more

  • 09:35 IST:

    Shares of Kerala-based CSB Bank will list on BSE and NSE today.

    The initial public offer (IPO) of CSB Bank was subscribed 87 times on November 26. The IPO through which the bank plans to raise Rs 410 crore started on November 22. While the portion meant for non-institutional investors was subscribed 164.68 times, qualified institutional buyers and retail investors put in bids for 62.18 times and 44.53 times for the shares allocated for them.

    Read more

  • 09:34 IST

    Stocks in the news

    CSB Bank, YES Bank, Nestle India, Bajaj Finance among other are the top stocks that are likely to be in focus on Wednesday's trading session according to the latest developments.

    Read more

  • 09:34 IST: CSB Bank, YES Bank, Nestle India, Bajaj Finance among other are the top stocks that are likely to be in focus on Wednesday's trading session according to the latest developments.

    Read more

  • 09:33 IST

    Last Closing

    On Tuesday, domestic equity market ended on a bearish note, with BSE S&P Sensex ending 126 points lower at 40,675 and NSE Nifty50 closing 54 points lower at 11,994.

    Read more

  • 09:33 IST: On Tuesday, domestic equity market ended on a bearish note, with BSE S&P Sensex ending 126 points lower at 40,675 and NSE Nifty50 closing 54 points lower at 11,994.

    Read more

  • 09:31 IST

    Morning losers and gainers

    YES Bank, JSW Steel, Tata Steel, Vedanta and Coal India were among the top losers in Wednesday's trading session. Top performers in today's trade were Tata Motors, Infratel TCS, ICICI Bank and Wipro.

     

  • 09:31 IST: YES Bank, JSW Steel, Tata Steel, Vedanta and Coal India were among the top losers in Wednesday's trading session. Top performers in today's trade were Tata Motors, Infratel TCS, ICICI Bank and Wipro.

     

  • 09:30 IST

    Market Update

    In domestic cues, market participants hoped for another rate cut ahead of the RBI monetary policy decision, scheduled on Thursday. Market sentiments were also dampened after the quarterly GDP fell to 6-year low at 4.5%. Globally, markets saw sell-offs after the US declared re-imposition of steel and aluminum tariffs on Brazil and Argentina.

     

  • 09:30 IST: In domestic cues, market participants hoped for another rate cut ahead of the RBI monetary policy decision, scheduled on Thursday. Market sentiments were also dampened after the quarterly GDP fell to 6-year low at 4.5%. Globally, markets saw sell-offs after the US declared re-imposition of steel and aluminum tariffs on Brazil and Argentina.

     

  • 09:29 IST

    Sectors Today

    Sectorally, except IT and pharma, all the other sector-based indices traded in the red, with nearly 2% fall in metal scrips.

  • 09:29 IST: Sectorally, except IT and pharma, all the other sector-based indices traded in the red, with nearly 2% fall in metal scrips.

  • 09:29 IST

    Opening Bell

    Share Market Today: Domestic equity market opened on a bearish note Wednesday, backed by heavy selling pressure across all sectors amid weak global equities. BSE S&P Sensex started 100 points lower at 40,557 and NSE Nifty50 traded 39 points lower at 11,955.

  • 09:29 IST: Share Market Today: Domestic equity market opened on a bearish note Wednesday, backed by heavy selling pressure across all sectors amid weak global equities. BSE S&P Sensex started 100 points lower at 40,557 and NSE Nifty50 traded 39 points lower at 11,955.