Nifty FMGC cap gains, dragged by HUL, ITC, Dabur and Britannia##Nifty FMGC cap gains, dragged by HUL, ITC, Dabur and Britannia

Mar 15, 2019 3:47 PM

Nifty Bank ends at new high led by Kotak Bank, ICICI Bank##Nifty Bank ends at new high led by Kotak Bank, ICICI Bank

Mar 15, 2019 3:46 PM

Sectoral Trend: Nifty IT and Nifty Banks outperform, Nifty FMCG drags##Sectoral Trend: Nifty IT and Nifty Banks outperform, Nifty FMCG drags

Mar 15, 2019 3:44 PM

Top Nifty gainers and losers of the day##Top Nifty gainers and losers of the day

Mar 15, 2019 3:38 PM

Closing Bell: Sensex ends above 38,000, up 3.5% for the week; Nifty at 11,427; banks, IT lead##Closing Bell: Sensex ends above 38,000, up 3.5% for the week; Nifty at 11,427; banks, IT lead

Benchmark Indices ended higher on Friday but off day's high amid selling in large caps like HUL, ITC, and RIL. S&P BSE Sensex crossed the 38,000-mark and Nifty reclaimed 11,400 for the first time since September 2018 in intra-day trade amid positive global cues and a strong rupee. The S&P BSE Sensex settled at 38,024, up 269 points, while the broader NSE Nifty50 ended at 11,427, adding 83 points. Meanwhile, in broader markets, Nifty MidCap gained 0.6 percent while Nifty Smallcap fell 0.5 percent.

Kotak Bank, Powergrid, TCS, ICICI Bank, and ONGC were top gainers on the BSE frontline index, rising up to 4 percent. Meanwhile, HUL, YES Bank, ITC, Reliance Industries, and Bharti Airtel fell in the range of 1-2 percent. Nifty Bank ended at a new record of 29,381, up 1.5 percent. It hit a record high of 29,520, in intraday trade. Kotak Bank, IDFC First Bank, ICICI Bank, SBI, HDFC Bank and RBL Bank were the best-performing stocks in the pack.

All sectors except Nifty FMCG and Nifty Realty ended the day in green. Nifty IT gained the most, up 1.9 percent followed by Nifty Bank, Nifty PSU Bank, Nifty Private Bank, and Nifty Financial Services, all up over 1.5 percent each.

Mar 15, 2019 3:35 PM

Mutual funds are net buyers in the current market rally, says Nilesh Shah of Kotak Mahindra AMC##Mutual funds are net buyers in the current market rally, says Nilesh Shah of Kotak Mahindra AMC

Nilesh Shah, MD of Kotak Mahindra AMC, spoke to CNBC-TV18 about the mutual fund inflows and the current market rally. Shah said although the mutual fund inflows have slowed, they are not negative and mutual funds are net buyers in this current market rally.

"There could be other domestic institutional investors who are creating space for divestment by selling in the market," he said, adding that there could be selling in the cash market but buying in the Futures market. MORE HERE

Mar 15, 2019 3:21 PM

Next technical level for rupee is 68.80/US dollar, says HDFC Bank##Next technical level for rupee is 68.80/USdollar, says HDFC Bank

The rupee is in focus after the domestic currency hit a fresh 7-month high on Friday. Bhaskar Panda, senior VP at Treasury Advisory Group of HDFC Bank, shared his views on the money market.

"The rupee has been an outlier compared to other emerging market currencies in the current context," Panda said on Friday. “March has been a month where rupee appreciates and that has been a trend for many years now,” he added. Click here to watch the interview

Mar 15, 2019 3:11 PM

Here's a list of top stocks bought and sold by mutual funds in February##Here's a list of top stocks bought and sold by mutual funds in February

Indian shares were flat—down 0.4 percent—for the third consecutive month in February 2019, as the street exercised caution amid a flurry of unsupportive domestic and global cues. The trend also reflected in the capital inflow in the mutual fund industry, where net inflows declined 8.7 percent to Rs 4,600 crore in February from Rs 5,100 crore in January 2019.

Motilal Oswal said, in the month of February 2019, MFs have shown interest in oil and gas, private banks, consumer, cement, capital goods, and utilities, with these sectors witnessing a m-o-m increase in holdings. On the other hand, PSU Banks, healthcare, NBFCs, metals, and Chemicals saw a decline.

Click here to see the lost of best and worst performing stocks in MFs (according to value) in February

Mar 15, 2019 2:57 PM

Jet Airways sees a sharp surge on possibility of resolution plan in a week##Jet Airways sees a sharp surge onpossibilityof resolution plan in a week

Mar 15, 2019 2:42 PM

Sterlite Tech shares dive 10% as it faces selling pressure in China##Sterlite Tech shares dive 10% as it faces selling pressure in China

Shares of Sterlite Technologies is trading lower by over nearly 10 percent on Friday as the company is witnessing some pressure from the China market as there’s a delay in the China mobile tender, said the company. Anand Agarwal, Group CEO of the company told CNBC TV18 that there is a temporary demand-supply mismatch in China.

China Mobile's tender results have spurred price-war concerns as the order for fiber-optic cable last month sent shares of anything with a hint of 5G rallying, reported Bloomberg, citing Jefferies research note. The results of that tender showed suppliers had to bid at least 35 percent lower than the price cap to win. READ MORE

Mar 15, 2019 2:25 PM

Vinit Sambre of DSP tells us what's fueling the market rally

Vinit Sambre, head of equities at DSP Investment Managers, spoke to CNBC-TV18 about what tactics fund managers are deploying in the current market and shared his investment outlook.Get latest Market online at cnbctv18.com

Mar 15, 2019 2:08 PM

Nifty Bank surges 9% in March; analysts positive on private banks##Nifty Bank surges 9% in March; analysts positive on private banks

The Nifty Bank Index continued to outperform on Friday, and surged over 450 points intraday to hit a record high of 29,379, up over 1.5 percent. The NSE index has hit a new high for the fourth consecutive day. Shares of both public and private banks advanced during the day.

Given the current tight liquidity condition, analysts are positive on private banks with strong financials. "Banks with higher-rated corporate loan books coupled with a strong current account savings account (CASA) and retail term-deposit franchises should be preferred," said an analyst at Centrum Broking.

Kotak Bank was leading the Nifty Bank pack, up 3.5 percent followed by Punjab National Bank (PNB), Bank of Baroda, State Bank of India (SBI), RBL Bank and Federal Bank, up in the range of 1.5 percent to 2.8 percent. Yes Bank was the only stock trading in red in the index. READ MORE

Mar 15, 2019 1:47 PM

Rupee back at day's high, gains more than 20 paise from day's low against the US Dollar##Rupee back at day's high, gains more than 20 paise from day's low against the US Dollar

Mar 15, 2019 1:30 PM

Titan Company hits new high; likely to join Rs 1-trillion mcap club##Titan Company hits new high; likely to join Rs 1-trillion mcapclub

Titan Company hit a new high of Rs 1,112, up 2.5 percent, in intra-day trade today and may join the Rs 1-trillion market capitalization (mcap) club. The stock has surpassed its previous high of Rs 1,096 touched on March 12, 2019. The market-cap of Tata Group Company hit Rs 98,800 crore in intra-day trade.

Mar 15, 2019 1:09 PM

IT stocks gain in trade; TCS leads the large cap tech stocks##IT stocks gain in trade; TCS leads the large captech stocks

Mar 15, 2019 12:49 PM

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