Only 10 stocks end in the red on Nifty##Only 10 stocks end in the red on Nifty

Jun 29, 2018 4:14 PM

Major index gainers today##Major index gainers today

Jun 29, 2018 4:13 PM

Market Close: Sensex, Nifty end week high, rising over 1 percent each##Market Close: Sensex, Nifty end week high, rising over 1 percent each

The BSE Sensex and the NSE Nifty 50 higher on Friday, reversing yesterday's losses. The Sensex closed at 35,423.48, 385.84 higher, or 1.10 percent, while the Nifty ended the day at 10,714.30, rising 125.20 points, or 1.18 percent. Reliance, L&T, HDFC & FMCG majors ITC & HUL were top gainers. All sectoral indices end in the green.

Jun 29, 2018 3:55 PM

No discussion on LIC's plan to inject Rs 13,000 crore, clarifies IDBI Bank##No discussion on LIC's plan to inject Rs 13,000 crore, clarifies IDBI Bank

Debt-ridden IDBI Bank on Friday clarified to exchanges that there is no plan to inject Rs 13,000 crore by insurance behemoth Life Insurance Corporation (LIC) in to the state-run bank. Read in detail

In other news, Piyush Goyal, the interim finance minister, says the rupee is volatile due to external factors and there is no need for a knee-jerk reaction. Read more

Jun 29, 2018 3:11 PM

Nearly 3 crore shares of Adani Ports change hands in 2 blocks on NSE##Nearly 3 crore shares of Adani Ports change hands in 2 blocks on NSE

Jun 29, 2018 3:02 PM

Market update: Sensex, Nifty consolidate##Market update: Sensex, Nifty consolidate

The Sensex was trading higher by 309.22 points, or 0.88 percent, to 35,346.86, while the Nifty 50 was at 10,686.70, up by 97.60 points, or 0.92 percent. Energy stocks led the gains on the indexes, with oil-to-telecom conglomerate Reliance Industries Ltd rising as much as 3.2 percent. Beaten down counters such as state-run lenders recovered with the Nifty PSU Bank index gaining over 2.5 percent. The index was on track to snap a four-day losing streak. A weaker rupee coupled with a shift in sectoral funds have helped the pharma and information technology stocks shrug off the weakness in the broader markets in June. Metal stocks rose, with Hindalco Industries Ltd, the top percentage gainer on the NSE index, jumping more than 4 percent. Shares of Tata Steel Ltd gained as much as 3.5 percent after key labour representatives of Thyssenkrupp on Thursday signalled their support for a planned joint venture with the Tata Group-owned steelmaker.

Jun 29, 2018 2:50 PM

Rupee recovers 34 paise from day's low of 68.70 against US Dollar##Rupee recovers 34 paise from day's low of 68.70 against US Dollar

Jun 29, 2018 1:46 PM

Market update: Sensex rise over 300 points, Nifty eyes 10,700 mark##Market update: Sensex rises over 300 points, Nifty eyes 10,700 mark

The BSE Sensex and the NSE Nifty 50 further advanced at 1.30 pm, with the Sensex rising by 309.06 points, or 0.88 percent, to 35,346.70, while the Nifty was up by 95.85 points, or 0.91 percent, to 10,685.95. Both BSE and NSE MidCap were trading higher by up to 1.3 percent.

Jun 29, 2018 1:34 PM

IndiGo shares hit 9 month low, downside likely##IndiGo shares hit 9 month low, downside likely

Shares of airline operator InterGlobe Aviation Ltd fell as much as 2.73 percent to Rs 1,070.1, their lowest since September 29, 2017. IndiGo stock breaks below a support at Rs 1,084 rupees, the 61.8 percent Fibonacci retracement level of the uptrend from February 14, 2017 low to April 20, 2018 high. The stock on Thursday broke below a symmetrical triangle pattern, suggesting, as long as Rs 1,084 is the resistance, it may fall up to Rs 910.75, the 86.4 percent retracement level, though some support is expected near Rs 981.2. The stock’s 50-day exponential moving average (EMA) cut below its 200-day EMA on Thursday, forming a “death cross” which is seen as a bearish signal. MACD is also negative and below its signal line. The stock is down 11.9 percent for the last one month as of Thursday’s close, underperforming the broader NSE index’s 0.93 percent decline.(From Reuters)

At 1.15pm, InterGlobe Aviation shares were trading at Rs 1099.30, down 0.25 percent. Spicejet ltd was trading at Rs 109.70, higher by 3.34 percent, while Jet Airways shares rose 3.58 percent at Rs 343.90. Finance secretary Hasmukh Adhia on Thursday said jet fuel may come under GST.

Jun 29, 2018 1:21 PM

Market update: Sensex, Nifty extend gains##Market update: Sensex, Nifty extend gains

The BSE Sensex extended gains riding on positive sentiment with the 30-share index advancing by 267.58 points, or 0.76 percent, to 35,305.22, while the NSE Nifty 50 was trading higher by 88.50 points, or 0.84 percent, to 10,677.60. MidCaps lead the gains on both indexes rising up to 1.25 percent. The rupee recovering added to the sentiment. Tech Mahindra shares were trading lower for third consecutive day as traders fear the IT company may post a weak quarter one result. Citi has maintained ‘sell’ rating for Tech Mahindra. According to PTI, domestic institutional investors (DIIs) bought shares worth a net Rs 442.64 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 951.51 crore yesterday, as per provisional data.

Jun 29, 2018 12:39 PM

Here's how the market did in first half of 2018##Here's how the market did in first half of 2018

The first half of this year hasn’t been that great, Watch Nigel D’Souza explaining the performance of the market.

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Jun 29, 2018 12:22 PM

Tata Steel gains most in 3 weeks##Tata Steel gains most in 3 weeks

Shares of Tata Steel Ltd climb as much as 3.1 percent to Rs 565.7, its highest since June 21. The steel company's stocks posted biggest intraday percent gain since June 7 on reports of labour representatives of Thyssenkrupp on Thursday signalling their support for a planned joint venture with Tata Steel. The merger, first announced in September, would create the Europe’s second-largest steelmaker after ArcelorMittal. Tata Steel stock has risen nearly 17 percent in 12 months up to Thursday. (From Reuters)

Jun 29, 2018 12:14 PM

Just In: ICICI Bank appoints Girish Chandra Chaturvedi as non-exec part-time chairman##Just In: ICICI Bank appoints Girish Chandra Chaturvedi as non-exec part-time chairman

ICICI Bank appoints Girish Chandra Chaturvedi as non-executive part-time chairman. Chaturvedi is 1977-batch IAS officer and retired as Oil Secy in January 2013. He has a rich and wide administrative experience of more than 34 years, including serving as an Additional Secretary (Financial Services) of Govt. of India.

Jun 29, 2018 12:05 PM

Market update: Sensex, Nifty consolidate gains##Market update: Sensex, Nifty consolidate gains

At 11.25am, the BSE Sensex was up by 205.69 points, or 0.59 percent, to 35,243.33, while the NSE Nifty 50 was higher by 69.25 points, or 0.65 percent, to 10,658.35.

Jun 29, 2018 11:27 AM

Hello July series: what 'move' you have!##Hello July series: what 'move' you have!

Jun 29, 2018 11:11 AM

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