Closing Bell: Sensex ends at record high, Nifty settles above 11,000##Closing Bell: Sensex ends at record high, Nifty settles above 11,000

The BSE Sensex closed at record high 36,548.41, notching 282.48 points, or rising by 0.78 percent. The Nifty 50 settled at above 11,023, rising higher by 74.90 points, or 0.68 percent. Reliance and HDFC twins were top contributers to Nifty gains. Nifty MidCap, however, turned negative in the last hour of trading. Sensex slipped over 100 points from the day's high.

Jul 12, 2018 3:42 PM

Reliance first attained $100 billion market cap in 2007##Reliance first attained $100 billion market cap in 2007

Jul 12, 2018 3:30 PM

Karnataka Bank announces Q1 results##Karnataka Bank announces Q1 results

Jul 12, 2018 3:17 PM

Karnataka Bank reports net profit at Rs 163.2 crore in Q1 earnings##Karnataka Bank reports net profit at Rs 163.2 crore in Q1 earnings

Karnataka Bank reports Q1 earnings with net profit at Rs 163.2 crore Vs Rs 133.8 crore (YoY). At 3.10 pm, Karnataka Bank shares were trading at Rs 126.30, up Rs 7.75, rising over 6.5 percent in value on the BSE.

Jul 12, 2018 3:11 PM

Market update: Sensex, Nifty consolidate gains ahead of close##Market update: Sensex, Nifty consolidate gains ahead of close

Indian shares consolidated gains in the last hour of the trading with the Sensex trading below 36,600 mark and the Nifty staying above 11,000 level. The Sensex added 293 points, or 0.81 percent, rising to 36,558.64 at 3.01 pm, while the Nifty was at 11,028.90, gaining 80.60 points, or 0.74 percent. Both Nifty and Sensex MidCaps were under pressure, falling nearly 0.4 percent. Vedanta lost the most on the BSE, fallin gby 3.03 percent, followed by Infosys, Bajaj Auto, M&M, Hero MotoCorp. Gainers include Reliance, Wipro, HDFC, L&T, SBI, ICICI Bank, Yes Bank, HUL, IndusInd Bank.

Jul 12, 2018 3:08 PM

IDBI, Federal Bank may call off proposal to sell stake in IDBI Federal Life##IDBI, Federal Bank may call off proposal to sell stake in IDBI Federal Life

Jul 12, 2018 2:49 PM

Market update: Sensex slips below 36600 mark##Market update: Sensex slips below 36600 mark

Indian markets erased gains from the day's high in the afternoon trade with the Sensex trading higher by 298 points, or 0.82 percent, to 36,563.44, while the Nifty was trading at 11,027.45, rising 79.15 points, or 0.72 percent at 2.30pm.

Jul 12, 2018 2:33 PM

Market update: Sensex, Nifty trim gains from day's high##Market update: Sensex, Nifty trim gains from day's high

Indian markets erased gains from the day's high in the afternoon trade with the Sensex trading higher by 348 points, or 0.96 percent, to 36613.70, while the Nifty trading at 11,045.25, rising 96.95 points, or 0.89 percent at 1.15pm. Nifty and Sensex MidCaps traded lower by up to half a percent, while sectoral indices were trading mixed. Nifty IT, Media, Realty, Auto were lower, while Nifty Fin Service gained the most at 1.04 percent. Among BSE sectoral indices, Oil & Gas surged 1.63 percent, BSE Energy surged 3.42 percent.BSE Realty, Teck, Telecom, Information Technology were among losers. Top gainers include Reliance, Dr Reddy's Labs, Bajaj Finance, BPCL, HPCL, Yes Bank, HDFC, HUL, while the laggards were Bajaj Auto, Infosys, M&M, UPL, Bharti Infratel.

Jul 12, 2018 1:58 PM

Nifty MidCap turns negative, slips 1% from highs##Nifty MidCap turns negative, slips 1% from highs

Jul 12, 2018 1:39 PM

Reema Tendulkar explains how net neutrality may impact telecom companies##Reema Tendulkar explains how net neutrality may impact telecom companies

The Telecom Commission on Wednesday approved net neutrality rules, which bar service providers from discriminating against internet content and services by blocking, throttling or granting them higher speed access. But what is "net neutrality" and how does that affects you? Here's what you need to know in plain English. Read in detail

Jul 12, 2018 1:38 PM

Market update: Sensex, Nifty consolidate gains, RIL surges nearly 6%##Market update: Sensex, Nifty consolidate gains, RIL surges nearly 6%

The BSE Sensex traded 370 points higher, or rising 1.02 percent, to 36,635.69, while the Nifty 50 rose 1.02 percent, adding 111 points, to trade at 11,059.45 at 12.45pm. Relaince Industries shares surged nearly 6 percent, pulling the two benchmark indexes higher, and well-supported by bank stocks led by Yes Bank, HDFC twins, SBI, IndusInd Bank. Infosys, M&M, Adani Ports, Hero MotoCorp lagged.

Jul 12, 2018 12:50 PM

Reliance gains 5% in trade to hit $100 billion market cap##Reliance gains 5% in trade to hit $100 billion market cap

Jul 12, 2018 12:36 PM

New Telecom policy focuses on digital transformation of the sector: Secretary DoT##New Telecom policy focuses on digital transformation of the sector: Secretary DoT

Jul 12, 2018 11:32 AM

Nifty PSU Bank at day's high led by SBI, BoB##Nifty PSU Bank at day's high led by SBI, BoB

Nifty PSU Bank is trading at 2847.75, gaining 2.01 percent, led by the State Bank of India and Bank of Baroda.

Jul 12, 2018 11:24 AM

Ekta Batra’s quick take on Dr Reddy’s gains##Ekta Batra’s quick take on Dr Reddy’s gains

Dr Reddy's in focus as UK company Indivior's stock falls 30% on the FTSE. Indivior is the innovator of anti opioid addiction drug Suboxone. The company warned investors on its 2018 guidance. Key factors for the warning included approval of generic version of Suboxone film impacting financials. The company said impact on revenue could be $25m for 2018 financial year. While the US court will decide on Indivior's plea to prevent Dr Reddys from selling the drug in the US market in the next few days, the market is taking the news as a positive read through for Dr Reddys. The market size of Subxone is currently around $750m in the US and despite competition from other de-addiction drugs Suboxone averaged a market share of 58% in 2017.

Jul 12, 2018 11:17 AM

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