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Share Market Update: Sensex ends 453 points higher, Nifty at 11,586; YES Bank gains 15%

BusinessToday.In | October 17,2019 08:37 am IST

Share Market Update: Extending gains for the fifth straight session, equity indices turned majorly bullish and ended over 1% higher each by the closing bell on Thursday. While Sensex closed 453 points higher at 39,052 mark, Nifty closed 122 poi

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  • Share Market Live: On the sectoral front, except IT, all the other indices currently trade in bullish grounds, with nearly 3% rise in PSU banking scrips, followed by 2% gains in Auto and over 1.7% advance in banking and media stocks.
  • Oct 17, 2019 16:11 (IST)

    Closing Bell

    Share Market Update: Extending gains for the fifth straight session, equity indices turned majorly bullish and ended over 1% higher each by the closing bell on Thursday. While Sensex closed 453 points higher at 39,052 mark, Nifty closed 122 points higher at 11,586 level.

    On the sectoral front, except IT, all the other indices ended on bullish grounds, with over 3% rise in PSU banking, Auto scrips and over 1.7% advance in banking and media stocks.

  • 16:11 IST: Share Market Update: Extending gains for the fifth straight session, equity indices turned majorly bullish and ended over 1% higher each by the closing bell on Thursday. While Sensex closed 453 points higher at 39,052 mark, Nifty closed 122 points higher at 11,586 level.

    On the sectoral front, except IT, all the other indices ended on bullish grounds, with over 3% rise in PSU banking, Auto scrips and over 1.7% advance in banking and media stocks.

  • Oct 17, 2019 15:20 (IST)

    Sensex rises 500 points, Nifty at 11,599


    Share Market LIVE: Equity indices rose over 1.15% on Thursday, with Sensex rising to 39,000 mark and Nifty back above 11,500 mark for the first time in October. Sensex has risen a whopping 500 points to trade at 39,100 level and Nifty50 is currently trading at 11,599 mark, the highest point of the day recorded.


    On the sectoral front, except IT, all the other indices currently trade in bullish grounds, with nearly 3% rise in PSU banking scrips, followed by 2% gains in Auto and over 1.7% advance in banking and media stocks.
     

  • 15:20 IST:
    Share Market LIVE: Equity indices rose over 1.15% on Thursday, with Sensex rising to 39,000 mark and Nifty back above 11,500 mark for the first time in October. Sensex has risen a whopping 500 points to trade at 39,100 level and Nifty50 is currently trading at 11,599 mark, the highest point of the day recorded.


    On the sectoral front, except IT, all the other indices currently trade in bullish grounds, with nearly 3% rise in PSU banking scrips, followed by 2% gains in Auto and over 1.7% advance in banking and media stocks.
     

  • Oct 17, 2019 15:16 (IST)

    China appeals to Washington for quick end to trade war



    China's government has appealed to Washington to negotiate a quick end to their tariff war but gave no indication what additional steps Beijing might want to see before it carries out what President Donald Trump says is a promise to buy up to 50 billion of American farm goods.

    A Ministry of Commerce spokesman, Gao Feng, said Thursday achieving "phased results" would restore business confidence and help to stabilize the global economy.

    (Associated Press)

     

  • 15:16 IST:

    China's government has appealed to Washington to negotiate a quick end to their tariff war but gave no indication what additional steps Beijing might want to see before it carries out what President Donald Trump says is a promise to buy up to 50 billion of American farm goods.

    A Ministry of Commerce spokesman, Gao Feng, said Thursday achieving "phased results" would restore business confidence and help to stabilize the global economy.

    (Associated Press)

     

  • Oct 17, 2019 15:15 (IST)

    Brexit deal awaiting clearance from London

    Reuters reported that potential deal on Britain’s divorce from the European Union is still awaiting clearance from London, EU diplomats said on Thursday.

  • 15:15 IST: Reuters reported that potential deal on Britain’s divorce from the European Union is still awaiting clearance from London, EU diplomats said on Thursday.

  • Oct 17, 2019 15:05 (IST)

    Market rallies higher

    Share Market LIVE: Equity indices turned majorly bullish by Thursday's afternoon session, with Sensex rising 400 points to 39,000 mark and Nifty back above 11,500 mark for the first time in October, amid heavy buying pressure in bank, financial, auto and FMCG scrips.

  • 15:05 IST: Share Market LIVE: Equity indices turned majorly bullish by Thursday's afternoon session, with Sensex rising 400 points to 39,000 mark and Nifty back above 11,500 mark for the first time in October, amid heavy buying pressure in bank, financial, auto and FMCG scrips.

  • Oct 17, 2019 14:10 (IST)

    PVR stock rises 2.04%

    PVR stock has risen 2.04% intraday and currently trades 0.65% higher as the company posted healthy Q2 earnings figures, inline with estimates today.

    The stock from the Lifestyle sector posted Q2 consolidated PAT at Rs 47.67 crores. Net profit growth of the firm grew 34% higher and revenue growth by 37% for the September quarter, on a year-on-year basis.

  • 14:10 IST: PVR stock has risen 2.04% intraday and currently trades 0.65% higher as the company posted healthy Q2 earnings figures, inline with estimates today.

    The stock from the Lifestyle sector posted Q2 consolidated PAT at Rs 47.67 crores. Net profit growth of the firm grew 34% higher and revenue growth by 37% for the September quarter, on a year-on-year basis.

  • Oct 17, 2019 13:57 (IST)

    Rupee trades at 71,26 per dollar

    Rupee extended gains and currently trades at high point of the day at 71.26 against the dollar, 17 paise higher as compared to yeterday's close of 71.43 per USD.

     

  • 13:57 IST: Rupee extended gains and currently trades at high point of the day at 71.26 against the dollar, 17 paise higher as compared to yeterday's close of 71.43 per USD.

     

  • Oct 17, 2019 13:52 (IST)

    Market rises further

    Sensex has risen 350 points higher to 38,980 and Nifty 50 trades 85 points higher at 11,540.

  • 13:52 IST: Sensex has risen 350 points higher to 38,980 and Nifty 50 trades 85 points higher at 11,540.

  • Oct 17, 2019 13:47 (IST)

    YES Bank rises 15%

    YES Bank shares were trading 11% up after touching an 15% hike intraday, after media reports suggested that prominent industrialists namely Sunil Munjal, one of the founder promoters of the Hero Group & Sunil Mittal, the founder and chairman of Bharti Enterprises were eyeing interest in acquiring Yes Bank stake.

    As per media reports, Mittal and Munjal would be acquiring the stake in their private capacity, which could be up to 5%.

    Reacting to the news, the share price of YES Bank rose 15% intraday to Rs 47.30 on the BSE. The exchanges have asked the lender to provide clarification over the matter today.

    YES Bank has told earlier that it has been under an ongoing capital raising exercise and continues to be in a constant contact and update the regulator RBI on the same.

  • 13:47 IST: YES Bank shares were trading 11% up after touching an 15% hike intraday, after media reports suggested that prominent industrialists namely Sunil Munjal, one of the founder promoters of the Hero Group & Sunil Mittal, the founder and chairman of Bharti Enterprises were eyeing interest in acquiring Yes Bank stake.

    As per media reports, Mittal and Munjal would be acquiring the stake in their private capacity, which could be up to 5%.

    Reacting to the news, the share price of YES Bank rose 15% intraday to Rs 47.30 on the BSE. The exchanges have asked the lender to provide clarification over the matter today.

    YES Bank has told earlier that it has been under an ongoing capital raising exercise and continues to be in a constant contact and update the regulator RBI on the same.

  • Oct 17, 2019 13:20 (IST)

    No better place to invest than India: FM Sitharaman

    Investors can find no better place in the world than India that has a democracy loving and capitalist respecting environment, Union Finance Minister Nirmala Sitharaman has said.

    She also assured international investors at an interaction session at the IMF's headquarters that the government was continuously working to bring reforms.

    Sitharaman's message to the industry reiterated India's commitment to transparent policy-making, implementing banking reforms in close collaboration with the RBI, creating liquidity flow, exploring ways to bring in private sector investments and deepening economic reforms.


     

  • 13:20 IST: Investors can find no better place in the world than India that has a democracy loving and capitalist respecting environment, Union Finance Minister Nirmala Sitharaman has said.

    She also assured international investors at an interaction session at the IMF's headquarters that the government was continuously working to bring reforms.

    Sitharaman's message to the industry reiterated India's commitment to transparent policy-making, implementing banking reforms in close collaboration with the RBI, creating liquidity flow, exploring ways to bring in private sector investments and deepening economic reforms.


     

  • Oct 17, 2019 13:02 (IST)

    Trump says won't sign China trade deal until meets with Xi Jinping

    Donald Trump on Wednesday said he likely would not sign any trade deal with China until he meets with counterpart  Xi Jinping at the upcoming Asia-Pacific Economic Cooperation (APEC) Forum being held in Santiago, Chile from Nov. 11 to Nov. 17.

  • 13:02 IST: Donald Trump on Wednesday said he likely would not sign any trade deal with China until he meets with counterpart  Xi Jinping at the upcoming Asia-Pacific Economic Cooperation (APEC) Forum being held in Santiago, Chile from Nov. 11 to Nov. 17.

  • Oct 17, 2019 12:59 (IST)

    Market Update

    Share Market LIVE: Sensex and Nifty turned bullish by Thursday's afternoon session, amid heavy buyig pressure in media and private banking scrips. In domestic cues, market participants awating Q2 figures, hoping an hike to companies’ second-quarter earnings based on government’s corporate tax cut last month. Sensex has risen 150 points higher to 38,739 and Nifty 50 trades 24 points higher at 11,488.

  • 12:59 IST: Share Market LIVE: Sensex and Nifty turned bullish by Thursday's afternoon session, amid heavy buyig pressure in media and private banking scrips. In domestic cues, market participants awating Q2 figures, hoping an hike to companies’ second-quarter earnings based on government’s corporate tax cut last month. Sensex has risen 150 points higher to 38,739 and Nifty 50 trades 24 points higher at 11,488.

  • Oct 17, 2019 12:34 (IST)

    NALCO shares drop nearly 5% as coal shortage affects its aluminium production

     

    National Aluminium Company Ltd. shares fell nearly 5% on Thursday after the state-run aluminium manufacturer said coal shortages have severely impacted its aluminium production.

    NALCO shares opened at Rs 40.40 against the last close of Rs 41.65 on the BSE and later dropped 4.68% to Rs 39.7 apiece. Today's low is mere 2.8 points above from the 52-week low of Rs 36.90, recorded on August 23, 2018.

    NALCO's BSE filing read, "Short supply of coal has severely impacted Aluminium production of NALCO and also the cost of power'. Nalco's requirement of coal for its CPP at Angul is around 17,000 tonnes per day. Out of this, Nalco's CPP is receiving around 8,000 - 9,000 tonnes per day and there is a shortfall of around 7,000 - 8,000 tonnes per day.

  • 12:34 IST:  

    National Aluminium Company Ltd. shares fell nearly 5% on Thursday after the state-run aluminium manufacturer said coal shortages have severely impacted its aluminium production.

    NALCO shares opened at Rs 40.40 against the last close of Rs 41.65 on the BSE and later dropped 4.68% to Rs 39.7 apiece. Today's low is mere 2.8 points above from the 52-week low of Rs 36.90, recorded on August 23, 2018.

    NALCO's BSE filing read, "Short supply of coal has severely impacted Aluminium production of NALCO and also the cost of power'. Nalco's requirement of coal for its CPP at Angul is around 17,000 tonnes per day. Out of this, Nalco's CPP is receiving around 8,000 - 9,000 tonnes per day and there is a shortfall of around 7,000 - 8,000 tonnes per day.

  • Oct 17, 2019 12:33 (IST)

    Market Update

    Equity indices trade marginally higher by Thursday's afternoon session as market participants hoped that the government’s corporate tax cut last month would cause an hike to companies’ second-quarter earnings.

  • 12:33 IST: Equity indices trade marginally higher by Thursday's afternoon session as market participants hoped that the government’s corporate tax cut last month would cause an hike to companies’ second-quarter earnings.

  • Oct 17, 2019 11:41 (IST)

    Federal Bank gains 2% brokerages maintain buy

     


    Shares of Federal Bank rose 2.6% intraday to Rs 84.30 on Thursday, after foreign brokerage houses maintained buy rating on the stock after the company posted healthy Q2 earnings figures yesterday.

    While Jefferies maintained buy rating after cutting target to Rs 120 from Rs 123, Citi too maintained buy call but cut the target to Rs 105 from Rs 120. Morgan Stanley has kept an underweight rating and cut the target price to Rs 80 from the earlier Rs 90 per share.

    Helped by higher interest income and lower tax cost, the lender's consolidated net profit recorded at Rs 425.34 crore, 55% higher than Rs 266.04 crore earned during the same period a year ago.

    Lender's gross non-performing assets (NPA) declined marginally to 3.07% and net NPAs fell to 1.59% of net advances on yearly basis, as of September 30, 2019.

    Yesterday, Federal Bank shares dropped over 6% intarday and ended the day's trade 2.78% lower at Rs 82.15 on the BSE.

     

  • 11:41 IST:  


    Shares of Federal Bank rose 2.6% intraday to Rs 84.30 on Thursday, after foreign brokerage houses maintained buy rating on the stock after the company posted healthy Q2 earnings figures yesterday.

    While Jefferies maintained buy rating after cutting target to Rs 120 from Rs 123, Citi too maintained buy call but cut the target to Rs 105 from Rs 120. Morgan Stanley has kept an underweight rating and cut the target price to Rs 80 from the earlier Rs 90 per share.

    Helped by higher interest income and lower tax cost, the lender's consolidated net profit recorded at Rs 425.34 crore, 55% higher than Rs 266.04 crore earned during the same period a year ago.

    Lender's gross non-performing assets (NPA) declined marginally to 3.07% and net NPAs fell to 1.59% of net advances on yearly basis, as of September 30, 2019.

    Yesterday, Federal Bank shares dropped over 6% intarday and ended the day's trade 2.78% lower at Rs 82.15 on the BSE.

     

  • Oct 17, 2019 11:36 (IST)

    Sensex pack gainers/losers

    Top gainers in the Sensex pack included HDFC, ITC, TCS, NTPC, Asian Paint, L&T, IndusInd Bank, HDFC Bank, Axis Bank, SBI and Sun Pharma.

    On the other hand, Vedanta, Tata Steel, ONGC, HCL Tech, M&M, TechM and Tata Motors were among the top losers.
     

  • 11:36 IST: Top gainers in the Sensex pack included HDFC, ITC, TCS, NTPC, Asian Paint, L&T, IndusInd Bank, HDFC Bank, Axis Bank, SBI and Sun Pharma.

    On the other hand, Vedanta, Tata Steel, ONGC, HCL Tech, M&M, TechM and Tata Motors were among the top losers.
     

  • Oct 17, 2019 11:12 (IST)

    Rupee trades higher at 71.35

    HDFC securities on the currency market viewpoint report, said,"India’s rupee may gain in line with emerging Asian peers as a weak U.S. retail sales report weighs on the dollar. Spot USDINR is still holding above trend-line resistance which started from the September high, technical chart show. This may defer a test of the September low for the time being. Indian rupee opened at 71.39 with the gain of 5 paise following weaker dollar against major currencies. "

    Currently, Indian rupee, the local currency trades at 71.35 against the US dollar at 1058 hours.

  • 11:12 IST: HDFC securities on the currency market viewpoint report, said,"India’s rupee may gain in line with emerging Asian peers as a weak U.S. retail sales report weighs on the dollar. Spot USDINR is still holding above trend-line resistance which started from the September high, technical chart show. This may defer a test of the September low for the time being. Indian rupee opened at 71.39 with the gain of 5 paise following weaker dollar against major currencies. "

    Currently, Indian rupee, the local currency trades at 71.35 against the US dollar at 1058 hours.

  • Oct 17, 2019 10:23 (IST)

    Market Update

    Share Market LIVE: After a flat-to positive start, domestic equity indices Sensex and Nifty turned bullish on Thursday, although the investor confidence stayed low as they awaited Q2 earnings figures scheduled for today, amid the ongoing US-China trade war and global recession blues. Sensex has currently risen 90 points higher to 38, 689 and Nifty 50 trades 4 points higher at 11,468. Yesterday, Sensex ended 92 points higher at 38,598, Nifty closed 43 points higher at 11,471.

  • 10:23 IST: Share Market LIVE: After a flat-to positive start, domestic equity indices Sensex and Nifty turned bullish on Thursday, although the investor confidence stayed low as they awaited Q2 earnings figures scheduled for today, amid the ongoing US-China trade war and global recession blues. Sensex has currently risen 90 points higher to 38, 689 and Nifty 50 trades 4 points higher at 11,468. Yesterday, Sensex ended 92 points higher at 38,598, Nifty closed 43 points higher at 11,471.

  • Oct 17, 2019 10:18 (IST)

    Zee Entertainent gains 2% ahead of results

    Zee Entertainent stock rose 2% to teh day's high of Rs 265.8, ahead of its second quarterky figures scheduled for today. The ZEEL stock has risen over 8.5% in the last 4 dayas of bullish trade.

  • 10:18 IST: Zee Entertainent stock rose 2% to teh day's high of Rs 265.8, ahead of its second quarterky figures scheduled for today. The ZEEL stock has risen over 8.5% in the last 4 dayas of bullish trade.

  • Oct 17, 2019 10:16 (IST)

    Mindtree declines post results

    Mindtree fell 3.13% in early trade on Thursday to the day's low of Rs 720 on the BSE after rating agency Morgan Stanley put an underweight rating on the stocks after the company reported its September quarter earnings on October 16. There is 51% buying and 49% selling seenin the stockm, bases on market depth data available on the BSE.

    Mindtree Q2 profit dips 35% to Rs 135 crore, revenue rises 9%

  • 10:16 IST: Mindtree fell 3.13% in early trade on Thursday to the day's low of Rs 720 on the BSE after rating agency Morgan Stanley put an underweight rating on the stocks after the company reported its September quarter earnings on October 16. There is 51% buying and 49% selling seenin the stockm, bases on market depth data available on the BSE.

    Mindtree Q2 profit dips 35% to Rs 135 crore, revenue rises 9%

  • Oct 17, 2019 09:55 (IST)

    Indiabulls Housing Finance hits fresh 52-week low



    Indiabulls Housing Finance fell to a fresh 52-week low of Rs 167.35 on the BSE today, after the company filed criminal complaint against accused persons spreading false news aginst the housing lender.

    Indiabulls Housing Finance has joined the list of companies taking legal action against spreading of rumours and misinformation and informed the exchanges today that it has filed a criminal complaint with the Mumbai police against certain people who have allegedly been spreading false news about the company.

    The filing read,"The application of FIR contains specific proofs against persons for disseminating/spreading  false messages and seeks action for the commission of offences punishable against persons involved directly/indirectly in the crime."

    Complaint states that accused persons have hatched a pre-planned criminal conspiracy with intent to cause wrongful  loss to Indiabulls Housing Finance Limited its shareholders and investors. It further read that the accused persons operate from different parts of the Country and since they are aware of the impending false, malicious messages, they create sell positions in the shares of Indiabulls, few days prior to release /publish of false & frivolous tweets, messages etc. on social media and seek unlawful gain for themselves.

    Indiabulls Housing Finance share price hits fresh 52-week low after firm files complaint over fake news

     

  • 09:55 IST:

    Indiabulls Housing Finance fell to a fresh 52-week low of Rs 167.35 on the BSE today, after the company filed criminal complaint against accused persons spreading false news aginst the housing lender.

    Indiabulls Housing Finance has joined the list of companies taking legal action against spreading of rumours and misinformation and informed the exchanges today that it has filed a criminal complaint with the Mumbai police against certain people who have allegedly been spreading false news about the company.

    The filing read,"The application of FIR contains specific proofs against persons for disseminating/spreading  false messages and seeks action for the commission of offences punishable against persons involved directly/indirectly in the crime."

    Complaint states that accused persons have hatched a pre-planned criminal conspiracy with intent to cause wrongful  loss to Indiabulls Housing Finance Limited its shareholders and investors. It further read that the accused persons operate from different parts of the Country and since they are aware of the impending false, malicious messages, they create sell positions in the shares of Indiabulls, few days prior to release /publish of false & frivolous tweets, messages etc. on social media and seek unlawful gain for themselves.

    Indiabulls Housing Finance share price hits fresh 52-week low after firm files complaint over fake news

     

  • Oct 17, 2019 09:48 (IST)

    DHFL declines 5% ahead of results

    Shares of Dewan Housing Finance Corporation (DHFL) plunged 4.95% with the opening bell on Thursday to hit a new 52-week low of Rs 19.2 on the BSE, ahead of the second quarterly earnings figures, scheduled to be released today. The DHFL stock has hit lower circuit of 5% for the day and has fallen 92% year-to-date

     

  • 09:48 IST: Shares of Dewan Housing Finance Corporation (DHFL) plunged 4.95% with the opening bell on Thursday to hit a new 52-week low of Rs 19.2 on the BSE, ahead of the second quarterly earnings figures, scheduled to be released today. The DHFL stock has hit lower circuit of 5% for the day and has fallen 92% year-to-date

     

  • Oct 17, 2019 09:37 (IST)

    Opening Bell

    Share Market LIVE: Domestic equity indices Sensex and Nifty opened flat-to positive on Thursday, as investor confidence stays low amid the ongoing US-China trade war, that has continued for over 10 months now. On domestic cues, market participant also await earnings figures scheduled for today, amid postitve foriegn and domestic fund inflows. Sensex has currently risen 34 points higher to 38, 637 and Nifty50 trades 2 points higher at 11,466. Yesterday, Sensex ended 92 points higher at 38,598, Nifty closed 43 points higher at 11,471.

  • 09:37 IST: Share Market LIVE: Domestic equity indices Sensex and Nifty opened flat-to positive on Thursday, as investor confidence stays low amid the ongoing US-China trade war, that has continued for over 10 months now. On domestic cues, market participant also await earnings figures scheduled for today, amid postitve foriegn and domestic fund inflows. Sensex has currently risen 34 points higher to 38, 637 and Nifty50 trades 2 points higher at 11,466. Yesterday, Sensex ended 92 points higher at 38,598, Nifty closed 43 points higher at 11,471.

  • Oct 17, 2019 09:21 (IST)

    Market viewpoint

    The Nifty has done well to rise on five of the last six trading sessions. But for it to cross the Rubicon of 11,496 it will need a solid reason to do so. The Nifty may have to wait for those reasons. While the index has gone up, the market breadth has remained weak. For the past 12 sessions on the trot, the declines have exceeded advances. With Credit growth down and the Bank Nifty, a pale shadow of itself, the Nifty is not getting the support from its popular subIndex.

    (HDFC Securities)

  • 09:21 IST: The Nifty has done well to rise on five of the last six trading sessions. But for it to cross the Rubicon of 11,496 it will need a solid reason to do so. The Nifty may have to wait for those reasons. While the index has gone up, the market breadth has remained weak. For the past 12 sessions on the trot, the declines have exceeded advances. With Credit growth down and the Bank Nifty, a pale shadow of itself, the Nifty is not getting the support from its popular subIndex.

    (HDFC Securities)

  • Oct 17, 2019 09:18 (IST)

    Rupee opens higher, but pares gain later to 71.42

    The Indian rupee opened marginally higher on Thursday at 71.38 per dollar against the previous close of 71.43 on back of dollar index closing slightly lower yesterday. Although later the domectic unit pared gains to trade 0.02 points higher at 71.42 per USD.

    Rupee vs Dollar: Rupee trades higher at 71.35 per USD amid easing crude prices, foreign fund inflows



     

  • 09:18 IST: The Indian rupee opened marginally higher on Thursday at 71.38 per dollar against the previous close of 71.43 on back of dollar index closing slightly lower yesterday. Although later the domectic unit pared gains to trade 0.02 points higher at 71.42 per USD.

    Rupee vs Dollar: Rupee trades higher at 71.35 per USD amid easing crude prices, foreign fund inflows



     

  • Oct 17, 2019 09:14 (IST)

    Oil prices steady

    Brent crude futures fell 0.47% to $59.14 a barrel while U.S. West Texas Intermediate (WTI) crude lost 0.7% to $52.98, after industry data showed a larger-than-expected build-up in U.S. crude stocks, adding to concerns that demand for oil around the world may weaken amid further signs of a global economic slowdown.

     

  • 09:14 IST: Brent crude futures fell 0.47% to $59.14 a barrel while U.S. West Texas Intermediate (WTI) crude lost 0.7% to $52.98, after industry data showed a larger-than-expected build-up in U.S. crude stocks, adding to concerns that demand for oil around the world may weaken amid further signs of a global economic slowdown.

     

  • Oct 17, 2019 09:13 (IST)

    Pre-open on Thursday

    Share Market LIVE: Equity indices trade marginally higher on Thursday's pre-opening sessionm with Sensex rising 46 points to 38,647 level and Nifty trading up by 2 points to 11,466 mark.

  • 09:13 IST: Share Market LIVE: Equity indices trade marginally higher on Thursday's pre-opening sessionm with Sensex rising 46 points to 38,647 level and Nifty trading up by 2 points to 11,466 mark.

  • Oct 17, 2019 09:06 (IST)

    Q2 earnings schdueld for the day


    Larsen & Toubro Infotech, Cyient, TVS Motor Company, PVR,Zee Entertainment Enterprises,  Dewan Housing Finance Corporation, South Indian Bank,  Adroit Infotech, 3i Infotech, Mastek, Shemaroo Entertainment, Jay Bharat Maruti Chennai Petroleum Corporation and Automotive Stampings are among the listed companies to release their seocnd quarter earnings figure today.

  • 09:06 IST:
    Larsen & Toubro Infotech, Cyient, TVS Motor Company, PVR,Zee Entertainment Enterprises,  Dewan Housing Finance Corporation, South Indian Bank,  Adroit Infotech, 3i Infotech, Mastek, Shemaroo Entertainment, Jay Bharat Maruti Chennai Petroleum Corporation and Automotive Stampings are among the listed companies to release their seocnd quarter earnings figure today.

  • Oct 17, 2019 08:58 (IST)

    Gold prices steady

    Gold prices held steady on Thursday as weak US retail sales data fanned concerns that the country’s economy may be feeling the pinch of the long-drawn trade war with China, while palladium held close to a record high hit the previous day. Spot gold XAU= inched 0.1% higher to $1,490.37 per ounce as of 0044 GMT. U.S. gold futures GCcv1 rose 0.1% to $1,495.60.

    (Reuters)

  • 08:58 IST: Gold prices held steady on Thursday as weak US retail sales data fanned concerns that the country’s economy may be feeling the pinch of the long-drawn trade war with China, while palladium held close to a record high hit the previous day. Spot gold XAU= inched 0.1% higher to $1,490.37 per ounce as of 0044 GMT. U.S. gold futures GCcv1 rose 0.1% to $1,495.60.

    (Reuters)

  • Oct 17, 2019 08:57 (IST)

    FPI positive for the 4th session


    On the positive domestic front, Foreign portfolio investors (FPIs) have turned bullish for the fourth cocnsecutive day, since Friday. The net investment of equity and debt reported by foreign portfolio investors (FPIs) remained bullish with net buying logged at Rs 686.33 crore from Indian equities. Similarly the domestic institutional investors (DIIs) boughtRs 1,576.736 crore on Wednesday.

    Foreign investors have bought Rs.6.86 billion of domestic equity and Rs.4.81 billion of sovereign bond.

     

  • 08:57 IST:
    On the positive domestic front, Foreign portfolio investors (FPIs) have turned bullish for the fourth cocnsecutive day, since Friday. The net investment of equity and debt reported by foreign portfolio investors (FPIs) remained bullish with net buying logged at Rs 686.33 crore from Indian equities. Similarly the domestic institutional investors (DIIs) boughtRs 1,576.736 crore on Wednesday.

    Foreign investors have bought Rs.6.86 billion of domestic equity and Rs.4.81 billion of sovereign bond.

     

  • Oct 17, 2019 08:53 (IST)

    Global Market Update

    Share Market Live: Asian shares traded subdued amid signs on ongoing global recession. Additionally, market participants awaited further news on the U.S.-China trade front. US markets opened and closed lower as weak retail sales data & trade-war fears, offset strong earnings.

  • 08:53 IST: Share Market Live: Asian shares traded subdued amid signs on ongoing global recession. Additionally, market participants awaited further news on the U.S.-China trade front. US markets opened and closed lower as weak retail sales data & trade-war fears, offset strong earnings.

  • Oct 17, 2019 08:43 (IST)

    US-China trade deal

    US President Donald Trump on Wednesday said the partial trade deal agreed with China last week is now being formally put on to the paper. On Friday last week, Trump said that the US has reached a "very substantial" Phase 1 trade deal with China. Echoing his words, China on Tuesday asserted that it was on the "same page" with the US on trade as it confirmed that the two countries are likely to sign a "phase one agreement" soon to end their trade war.

    China and the US have been negotiating a trade deal for more than 10 months now.

  • 08:43 IST: US President Donald Trump on Wednesday said the partial trade deal agreed with China last week is now being formally put on to the paper. On Friday last week, Trump said that the US has reached a "very substantial" Phase 1 trade deal with China. Echoing his words, China on Tuesday asserted that it was on the "same page" with the US on trade as it confirmed that the two countries are likely to sign a "phase one agreement" soon to end their trade war.

    China and the US have been negotiating a trade deal for more than 10 months now.

  • Oct 17, 2019 08:40 (IST)

    Last CLose

    On Wednesday, Indian equity indices, Sensex and Nifty, ended higher in a volatile trading session amid buying in IT, media, metal, realty and CPSE stocks. While Sensex ended 92 points higher at 38,598, Nifty closed 43 points higher at 11,471 on Wednesday. Among the individual stock, Federal Bank closed 6% lower at Rs 84.50 on the Bombay Stock Exchange, despite the private lender reporting a year-on-year (YoY) jump of 51.58% in its consolidated net profit to Rs 425.34 crore on Wednesday.

     Sensex ends 92 points higher, Nifty at 11,471; Federal Bank slips 6% post results

  • 08:40 IST: On Wednesday, Indian equity indices, Sensex and Nifty, ended higher in a volatile trading session amid buying in IT, media, metal, realty and CPSE stocks. While Sensex ended 92 points higher at 38,598, Nifty closed 43 points higher at 11,471 on Wednesday. Among the individual stock, Federal Bank closed 6% lower at Rs 84.50 on the Bombay Stock Exchange, despite the private lender reporting a year-on-year (YoY) jump of 51.58% in its consolidated net profit to Rs 425.34 crore on Wednesday.

     Sensex ends 92 points higher, Nifty at 11,471; Federal Bank slips 6% post results