OMCs move higher despite crude hitting highest levels in 2019##OMCs move higher despite crude hitting highest levels in 2019
Mar 14, 2019 3:51 PM
Sectoral Trend: Realty and pharma sectors gain the most, IT and auto sectors drag##Sectoral Trend: Realty and pharma sectors gain the most, IT and auto sectors drag
Mar 14, 2019 3:42 PM
Top Nifty gainers and losers of the day##Top Nifty gainers and losers of the day
Mar 14, 2019 3:41 PM
Closing Bell: Nifty, Sensex end flat after a choppy session; Nifty Realty rises 2%##Closing Bell: Nifty, Sensex end flat after a choppy session; Nifty Realty rises 2%
Nifty, Sensex ended the day flat after a choppy session, bogged down by crude hitting a fresh 2019 high, weak rupee and rising WPI. However, The S&P BSE Sensex settled at 37,755, up 3 points, while the broader NSE Nifty50 ended at 11,343, adding 1 point. Meanwhile, broader markets were in-line with frontline indices with the Nifty MidCap and Nifty Smallcap ending on a flat note.
NTPC, IndusInd Bank, Yes Bank, Sun Pharma and Bharti Airtel were the top gainers on Nifty50 while, HCL Tech, HeroMoto COrp, Ultratech Cements, Tata Motors and ICICI Banks were the biggest draggers.
Nifty Bank ended the day off highs (up only 0.1 percent) but at a new record. It hit record high of 29,070, in intraday trade. IndusInd Bank, Yes Bank, RBL Bank, IDFC First Bank, Bank of Baroda, Kotak Bank and Axis Bank settled in positive for the day.
Mar 14, 2019 3:36 PM
DHFL says in the meeting of consortium of banks, the matter of inspection of NHB was not discussed; clean chit by regulator's inspection wasn't mentioned either##DHFL says in the meeting of consortium of banks, the matter of inspection of NHB was not discussed; clean chit by regulator's inspection wasn't mentioned either
Mar 14, 2019 3:33 PM
HCL Tech deal receives mixed brokerage ratings; stock down 2%
HCL Technologies announced an acquisition on Wednesday of a US-based firm, Strong-Bridge Envision (SBE) to boost its digital transformation.Get latest Market online at cnbctv18.com
Mar 14, 2019 3:17 PM
eClerx board approves share buyback for up to Rs 262 cr (24.95% equity) at maximum Rs 1,600/Sh via tender offer route##eClerx board approves share buyback for up to Rs 262 cr (24.95% equity) at maximum Rs 1,600/Sh via tender offer route
Mar 14, 2019 3:08 PM
Brexit Update | European Council President Donald Tusk backs a 'long' delay if Britain 'rethinks' Brexit: AFP##Brexit Update | European Council President Donald Tusk backs a 'long' delay if Britain 'rethinks' Brexit: AFP
Mar 14, 2019 3:01 PM
Market turns back positive after swinging between gains & losses throughout the session##Market turns back positive after swinging between gains & losses throughout the session
Mar 14, 2019 2:52 PM
ADAG group companies crack; RCom hits new low, RCap down 7%##ADAG group companies crack; RCom hits newlow, RCap down 7%
Anil Dhirubhai Ambani Group (ADAG) companies were trading under pressure as lenders of Anil Ambani-led Reliance Communications sold 12 crore pledged shares, which accounted for 4.34 percent stake of promoters in the telecom firm.
Reliance Communications (RCom) hit a new low of Rs 4.65, down 5 percent on the BSE in intra-day trade. The stock was currently trading 2.8 percent lower at Rs 4.7. Incomparison, the S&P BSE Sensex was trading flat.
Besides RCom, Reliance Capital declined 7 percent followed by Reliance Power (down 6.9 percent), Reliance Home Finance (down 4.4 percent), Reliance Naval and Engineering (down 4.1 percent), Reliance Infrastructure (down 3.8 percent), and Reliance Nippon Life Asset Management (down 2.7 percent).
Mar 14, 2019 2:36 PM
Jai Bala positive on RIL, HUL; expects Nifty to hit new high soon##Jai Bala positive on RIL, HUL; expects Nifty to hit new high soon
The Indian stock market has seen significant price action this week, and, with crossing 11,300, there is a good possibility that it will go past record highs in a quicker fashion, said market expert Jai Bala.
“HUL is the driving force behind the FMCG index. I am expecting something like 33,000 for Nifty FMCG index. HUL is heading for Rs 1,900,” he said. READ MORE
Mar 14, 2019 2:17 PM
Nestle's double-digit growth is a strategic success, says Motilal Oswal##Nestle's double-digit growth is a strategic success, says Motilal Oswal
Nestle India's double-digit volume growth led by beverages and chocolates & confectionary segments is a surprise, said. Motilal Oswal. “The 11.1 percent volume growth in CY18 was a positive surprise. The reason behind this growth was the beverages, and chocolates & confectionary segment. Also, a clear preference for volume growth has also been demonstrated by the third consecutive year of decline in realization growth.”
The brokerage maintained a ‘Neutral’ rating on Nestle India at a price target of Rs 11,800 per share due to its limited room for upside over the next year. READ MORE
Mar 14, 2019 2:02 PM
IndusInd Bank gains for the third straight session, up 11% in 3 days##IndusInd Bank gains for the third straight session, up 11% in 3 days
Shares of IndusInd Bank gained for the third straight day, up 3 percent at Rs 1,685 on BSE, in intra-day trade on Thursday in an otherwise range-bound market. In the past three trading days, the stock has rallied 11 percent, as compared to a 2 percent rise in the S&P BSE Sensex.
Mar 14, 2019 1:45 PM
Nifty Bank hits record high again: Analysts recommend these banking stocks
NSE's Nifty Bank Index crossed the 29,000 level for the first time ever and hit a high of 29,070.35 intraday on Thursday. Get latest Finance online at cnbctv18.com
Mar 14, 2019 1:23 PM
BSE to consider share buyback on May 7##BSE to consider share buyback on May 7
Mar 14, 2019 1:03 PM
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