Sectoral Trend: All indices, except Nifty Media were positive for the day##Sectoral Trend: All indices, except Nifty Media were positive for the day

Apr 9, 2019 3:41 PM

Top gainers and losers: Yes Bank gained most, Indibulls Housing fell most##Top gainers and losers: Yes Bank gained most, IndibullsHousing fell most

Apr 9, 2019 3:37 PM

Closing Bell: Sensex ends 238 points higher, Nifty above 11,650; Yes Bank, Wipro surge 4% each##Closing Bell: Sensex ends 238 points higher, Nifty above 11,650; Yes Bank, Wipro surge 4% each

The Indian indices ended higher after a volatile session on Tuesday, as investors geared up for the upcoming March-quarter results beginning later this week. IT majors TCS and Infosys will report their Q4 numbers on April 12. The S&P BSE Sensex ended the day at 38,939, up 238 points, while the broader NSE Nifty50 settled at 11,677, adding 73 points. Nifty Midcap reversed loosses to end the day up 0.2 percent, while Nifty Smallcap index was also flat. All sectoral indices except Nifty Media were trading were positive for the day. Nifty PSU Bank rose the most followed by Nifty Realty, Nifty Auto, and banking indices.

Apr 9, 2019 3:34 PM

Yes Bank shares rise 3% over fund raise plan##Yes Bank shares rise 3% over fund raise plan

Shares of Yes Bank surged 3.07 percent during the afternoon trade on Tuesday after the private lender said it is mulling to raise funds via equity. The company's board in a meeting scheduled for April 26 is said to consider and approve fourth-quarter results along with raising of funds by way of issuance of equity shares, the company said in a press release.

Apr 9, 2019 3:21 PM

IT sector Q4 earnings preview: Growth likely to be reasonable but margin outlook key

Tata Consultancy Services (TCS) and Infosys will kick off the March-quarter earnings season on April 12 and most brokerages expect the IT sector to deliver a steady growth of 10-16 percent on a year-on-year (YoY) basis.Get latest Market online at cnbctv18.com

Apr 9, 2019 3:13 PM

Nifty Bank up nearly 200 points with PSU banks gaining the most##Nifty Bank up nearly 200 points with PSU banks gaining the most

Apr 9, 2019 3:00 PM

Sterlite Tech has reviewed the need for multiple rating agencies and has decided to reduce the interactions to two agencies, CRISIL and ICRA##Sterlite Tech has reviewed the need for multiple rating agencies and has decided to reduce the interactions to two agencies, CRISIL and ICRA

Apr 9, 2019 2:42 PM

Global Check: Asia shares weighed by cautious mood, oil settles##Global Check: Asia shares weighed by cautious mood, oil settles

Asian shares struggled to make gains on Tuesday as investors braced for key events later in the week, including the start of the U.S. earnings season and a crucial Brexit summit, while broader concerns about slowing global growth checked sentiment.

MSCI’s broadest index of Asia-Pacific shares outside Japan was basically flat after brushing its highest since late August last year during the previous session. Japan’s Nikkei dipped 0.15 percent, while Australian shares and Chinese blue chips held steady.

Apr 9, 2019 2:24 PM

Firstsource Solutions gains 7% on stake hike by Rakesh Jhunjhunwala##Firstsource Solutions gains 7% on stake hike by Rakesh Jhunjhunwala

Shares of Firstsource Solutions (FSL) were up 7 per cent at Rs 51.80 in intra-day trade on Tuesday, extending its previous day’s 1 percent gain on the BSE, after stock-market investor Rakesh Jhunjhunwala purchased an additional 2.5 million shares of the business process outsourcing (BPO) services provider during the March quarter.

The latest shareholding pattern filed by FSL shows that Rakesh Jhunjhunwala holdings in the company increased by 0.36 percent from 2.9 percent in December quarter to 3.26 percent at the end of the March quarter.

Apr 9, 2019 2:06 PM

Tata Motors moves higher as JLR says it will make Range Rover Velar in India##Tata Motors moves higher as JLR says it will make Range Rover Velar in India

Apr 9, 2019 1:47 PM

Midcaps are looking far more attractive now, says BNP Paribas##Midcaps are looking far more attractive now, says BNP Paribas

Manishi Raychaudhuri, Asia Pacific Equity Strategist at BNP Paribas, shared his views and outlook on global growth, overseas flows and what lies ahead for the IT and auto sectors.

Talking about the earnings outlook, Raychaudhuri said, “We think that the earnings estimates, which were declining recently over the last one and a half to two years, are possibly in the last leg of that declining phase. There are a few sectors where the consensus earnings estimates still appear too high for us."

“The bulk of the money would have to be directed at the large caps because that is where the larger trading volumes lie. Having said this, we think that the midcaps – primarily because of their severe underperformance in 2018 – are appearing much more attractive than they used to,” said Raychaudhuri. Watch Interview Here

Apr 9, 2019 1:30 PM

This smallcap pharma stock surged 52% this year##This smallcap pharma stock surged 52% this year

Neuland Laboratories shares surged 52 percent since January 1, 2019, after it reported stellar Q3FY19 results. Since then, the smallcap pharma stock has been rising above the 200-day moving average (DMA).

The pharma stock has been the only one stock that delivered more than 50 percent returns since the beginning of this year. Technically, the stock has recently bounced from its double-bottom level of Rs 601.87 per share and has been trading above 200 DMA ever since. READ MORE

Apr 9, 2019 1:12 PM

Lok Sabha Elections 2019: BJP manifesto pragmatic, Congress ambitious on social schemes, say analysts

A look at the election manifestos of major parties reveals the usual important issues like farmer welfare, job creation, infrastructure build-out.Get latest Economy online at cnbctv18.com

Apr 9, 2019 12:55 PM

Expect 17-18% earnings growth on aggregate basis in FY20, says Enam Holdings##Expect 17-18% earnings growth on aggregatebasis in FY20, says Enam Holdings

Sridhar Sivaram, investment director of Enam Holdings, is of the view that there is a catch-up trade for Indian markets as most emerging markets have rallied by 13-14 percent year-to-date but India hasn’t participated to that extent.

“Across the board, most markets are up 10-12 percent, barring a few. So I think there is catch-up trade for India. Going forward, expect India to participate far better than it has done so far and so remain positive on the market," Sivaram told CNBC-TV18 on Tuesday. READ MORE

Apr 9, 2019 12:36 PM

Indiabulls Realestate extends gains, up over 11%##Indiabulls Realestate extends gains, up over 11%

Apr 9, 2019 12:17 PM

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