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Closing Bell: Nifty ends above 11,000, Sensex jumps 196 points, bank, oil, metal stocks rise, Federal Bank spikes
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Closing Bell: Nifty ends above 11,000, Sensex jumps 196 points, bank, oil, metal stocks rise, Federal Bank spikes
Jul 16, 2018 11:16 PM

Zee Entertainment net profit at Rs 326 crore###Zee Entertainment net profit at Rs 326 crore

Jul 17, 2018 3:48 PM

Closing Bell: Sensex ends higher by 196 points, Nifty settles above 11,000##Closing Bell: Sensex ends higher by 196 points, Nifty settles above 11,000

The BSE Sensex closed at 36,519.96, rising by over 196 points, or 0.54 percent, while the NSE Nifty 50 ended above 11,014.85, rising by 0.71 percent, or 78 points. HUL is the biggest loser in trade today after brokerages downgrade the rating of the company post its Q1FY19 earnings. Bharti Airtel, Tech Mahindra, Dr Reddy's Labs, Eicher Motors were other losers, while shares of oil marketing companies topped the index gainers list as crude slips to three months low. Nifty Bank gained by 1.23 percent, while Nifty MidCap rose over 400 points, adding 2.33 percent.

Jul 17, 2018 3:35 PM

Aviation stocks to face Crude headwinds, says Motilal Oswal##Aviation stocks to face Crude headwinds, says Motilal Oswal

Motilal Oswal says aviation stocks will face Crude Headwinds in near term. Expect Petro product price de-control to continue as long as Crude is below $100.

Jul 17, 2018 3:21 PM

IndusInd Bank uptrend may have ended##IndusInd Bank uptrend may have ended

Shares of IndusInd Bank Ltd fell as much as 1.6 percent to Rs 1,892, lowest since June 8. The stock breaks below its 50-day exponential moving average after testing a resistance at Rs 1,995 for the last 1-1/2 months. Stock may fall up to a support at Rs 1,820.4, the 14.6 percent Fibonacci retracement level of the uptrend from February 11, 2016 low to June 27, 2018 high. Stock’s wave pattern suggests it has completed a five-wave uptrend and is in wave A of the corrective cycle. Typically the corrective cycle corrects prices by one-third to two-third of the entire uptrend. MACD also turns negative and is below its signal line. IndusInd Bank stock had gained up 16.6 percent this year as of Monday, outperforming the broader NSE index’s 3.86 percent rise. (From Reuters)

Jul 17, 2018 3:15 PM

Financials lift Nifty, Kotak Mahindra Bank, HDFC top gainers##Financials lift Nifty, Kotak Mahindra Bank, HDFC top gainers

Jul 17, 2018 3:04 PM

Market update: Sensex rises over 200 ponts, Nifty reclaims 11,000##Market update: Sensex rises over 200 ponts, Nifty reclaims 11,000

Indian markets rebounded in late afternoon trade buoyed by positive earnings results and rally in bank stocks. The Sensex surged by over 200 points to 36,531.61, rising 0.57 percent, while the Nifty reclaimed 11,000 mark, rising by 72.60 points, or 0.66 percent to 11,009.45 at 2.45 pm. Nifty PSU Bank has risen by 3.23 percent, with gains also seen in Metal, which has added 2.02 percent. Pvt Bank, Pharma, Auto, Bank, Fin Service, Realty are are trading above or near a percent. Oil companies led by HPCL, IOC top the charts on the NSE, followed by Hindalco, Sun Pharma, Tata Steel. Hindutan Unilever has declined the most on the Nifty, also dragging FMCG indice, which is down by nearly 0.80 percent. Bharti Airtel, Tech Mahindra, Dr Reddy's Labs, Eicher Motors are other laggards.

On the BSE, all sectoral indices trade in the positve zone except FMCG which trades lower at 0.65 percent. BSE Metal has gained 2.21 percent, while Basic Materials (1.75 percent), Energy, Finance, Healthcare, Industrials, Auto, Bankex, Consumer Durables, Oil & Gas, Power are all trading higher between 1-2 percent.Sensex gainers include Sun Pharma (3.39 percent), SBI (3.10 percent), Tata Steel (2.70 percent) Tata Motors (2.66 percent), Axis Bank (2.59 percent), Vedanta (2.45 percent), ICICI Bank (2.39 percent), Adani Ports (2.29 percent), M&M (2.19 percent), while Hindustan Unilever (3.52 percent), Bharti Airtel (1.04 percent), IndusInd Bank (1.02 percent) top the laggards.

Jul 17, 2018 2:57 PM

Axis Bank surges, trades above 50-day moving average##Axis Bank surges, trades above 50-day moving average

Jul 17, 2018 1:55 PM

Market update: Nifty eyes 11,000 mark, Sensex up by 90 points##Market update: Nifty eyes 11,000 mark, Sensex up by 90 points

The BSE Sensex added 90.48 points, or 0.25 percent, to 36,414.25, while the NSE Nifty 50 rose 48.10 points, or 0.44 percent, to 10,984.95. Midcaps on both indexes are trading nearly 1.5 percent higher. Shares of HPCL, BPCL lead the gainers, followed by Tata Steel, Sun Pharma, Hindalco, Tata Steel, Vedanta, M&M. Hindustan Unilever, Bharti Airtel, IndusInd Bank, NTPC, ITC, Eicher Motors, Dr Reddy's Labs top among losers.

Jul 17, 2018 1:38 PM

Federal Bank Q1 profit jumps 25%, beats estimates##Federal Bank Q1 profit jumps 25%, beats estimates

Federal Bank Ltd posted a 25 percent jump in its first-quarter profit on Tuesday, helped by higher interest income. Net profit was Rs 263 crore in the three months ended June 30, compared with Rs 210 cores a year earlier, beating analyst expectation of a net profit of Rs 202 crore. Gross bad loans as a percentage of total loans was 3 percent at end-June, compared with 3 percent in the previous quarter and 2.42 percent a year earlier. Federal Bank shares surged over 12 percent to Rs 83.45 on the BSE at 1.30 pm.

Jul 17, 2018 1:30 PM

Ashok Leyland reports Q1 earnings above estimates##Ashok Leyland reports Q1 earnings above estimates

Jul 17, 2018 1:22 PM

Federal Bank Q1 profit & NII come in slightly higher than estimates##Federal Bank Q1 profit & NII come in slightly higher than estimates

Jul 17, 2018 12:55 PM

Market update: Sensex, Nifty edge higher##Market update: Sensex, Nifty edge higher

The Sensex trades higher by 44.64 points, or 0.12 percent, to 36,368.41, while the Nifty rises by 0.28 percent, or 30.55 points, to 10,967.40. Midcaps rise over a percent, leaving behind the gloom of last four sessions.

Jul 17, 2018 12:44 PM

Rupee extends gains as Dollar index slips##Rupee extends gains as Dollar index slips

Jul 17, 2018 12:26 PM

Market update: Sensex trades in the green, Nifty above 10,950##Market update: Sensex trades in the green, Nifty above 10,950

The Sensex trades at 36,366.67, higher by 42.90, or 0.12 percent, while the Nifty is at 10,965.70, gaining 28.85 points, or 0.26 percent. MidCaps on both indexes have risen by nearly a percent. HPCL, Cipla, Sun Pharma, ICICI Bank, Tata Steel, Wipro, Tata Motors are among gainers, while shares of Hindustan Unilever, Bharti Airtel, IndusInd Bank, NTPC, Eicher Motors are among the laggards.

Jul 17, 2018 11:44 AM

CNBC-TV18 poll: Zee Entertainment profit seen at Rs 350 crore, margin at 31.5%##CNBC-TV18 poll: Zee Entertainment profit seen at Rs 350 crore, margin at 31.5%

Jul 17, 2018 10:28 AM

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