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Closing Bell: Sensex jumps 461 points, Nifty ends 1.5% up, midcaps, financial, auto stocks lift indexes, Bajaj financial stocks spike 10%
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Closing Bell: Sensex jumps 461 points, Nifty ends 1.5% up, midcaps, financial, auto stocks lift indexes, Bajaj financial stocks spike 10%
Oct 9, 2018 10:16 PM

Zee Entertainment's EBITDA comes in 38% higher as compared to same quarter last year##Zee Entertainment's EBITDA comes in 38% higher as compared to same quarter last year

Oct 10, 2018 4:02 PM

Axis Bank, SBI, Maruti, Yes Bank lead Sensex gainers, Infosys, TCS among top losers##Axis Bank, SBI, Maruti, Yes Bank lead Sensex gainers, Infosys, TCS among top losers

Oct 10, 2018 3:44 PM

Closing Bell: Sensex, Nifty end higher on strong midcap and NBFC gains##Closing Bell: Sensex, Nifty end higher on strong midcap and NBFC gains

The Sensex closed 461 points, or 1.35 percent higher at 34,761, while the Nifty soared 1.5 percent, rising 159 points, to 10,460.10. Bajaj financial group stocks soared up to 10 percent in trade. The Midcap Index surged more than 4 percent or with gains of 663 points today, posting its biggest daily gain in absolute terms ever. Axis Bank, State Bank of India, Bajaj Finance and Bajaj Finserv were the top gainers, while Infosys, TCS, and Bharti Infratel lost the most.

Oct 10, 2018 3:43 PM

Bharat Dynamics up 4% on Rs 2 billion DRDO order##Bharat Dynamics up 4% on Rs 2 billion DRDO order

Shares of Bharat Dynamics gained nearly 4 percent to Rs 279.60 after the company bagged an order worth Rs 2 billion from the Defence Research and Development Organization to supply rear section of medium-range surface-to-air missiles. The stock snapped a four-session losing streak today, after falling to a lifetime low of Rs 265 on Tuesday.

Oct 10, 2018 3:26 PM

Porinju Veliyath says bullish on the markets now##Porinju Veliyath says bullish on the markets now

Oct 10, 2018 3:20 PM

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

The BSE Sensex traded at 34,736.13, higher by 436.66 points, or 1.27 percent at 3.15 pm, while the NSE Nifty50 was at 10,455.60, rising by 154.55 points, or 1.50 percent.

Oct 10, 2018 3:16 PM

Two-wheeler stocks climb after IRDA gives choice of insurance cover term##Two-wheeler stocks climb after IRDA gives choice of insurance cover term

Shares of two-wheeler makers TVS Motor Company and Hero MotorCorp climbed 3.5 percent and 8.7 percent respectively. The Nifty Auto index rises as much as 2.7 percent. Noting that insurers were offering only long-term compulsory personal accident (CPA) policy for new cars and two-wheelers, Insurance Regulatory and Development Authority of India (IRDA) clarified that the owner-driver should have the choice to opt for a one-year CPA cover or long-term CPA cover. In September, IRDA had made long-term motor third-party policy compulsory for new two-wheelers and passenger vehicles. Hero and TVS were the most vulnerable due to increase in average selling price, so the IRDA clarification could be of some respite to the companies. TVS shares mark their sharpest intraday gain since July 2017. More than 1 million Hero shares trade, over 2 times their 30-day moving average. Up to last close, Hero stock had fallen about 23.6 percent this year, while TVS fell 35.8 percent. (Reuters)

Oct 10, 2018 3:05 PM

Over 52 lakh shares of Idea change hands on BSE in a block##Over 52 lakh shares of Idea change hands on BSE in a block

Oct 10, 2018 3:00 PM

Bandhan Bank shares jump 4.27%, lender declares September quarter results##Bandhan Bank shares jump 4.27%, lender declares September quarter results

Shares of Bandhan Bank traded at Rs 507.65, rising 4.27 percent as the private sector lender reported its second quarter earnings. The bank touched the day's high of Rs 513 after opening at Rs 513. The bank reported Rs 488 crore in profit, which rose more than 47 percent on YoY basis. It reported a net profit of Rs 331 in the same quarter last year. NII also climbed more than 55 percent to Rs 1,078.

Oct 10, 2018 2:14 PM

Axis Bank up 5%, ICICI Bank & SBI up over 4%##Axis Bank up 5%, ICICI Bank & SBI up over 4%

Oct 10, 2018 1:39 PM

Nifty Bank surges 644 points, all 12 stocks advance, Sensex, Nifty advance##Nifty Bank surges 644 points, all 12 stocks advance, Sensex, Nifty advance

Nifty Bank climbed 644 points, or 2.62 percent, to trade at 25,171.45 at 12.45 pm. All 12 stocks on the sectoral indices surged with maximum gains in IDFC Bank, RBL Bank and Yes Bank, which rose between 4.92 and 6.40 percent. Heavyweight stocks such as HDFC Bank, Kotak Bank, SBI, ICICI, IndusInd Bank also rose between 1.69 percent and 3 percent. Benchmark indexes also extended gains with the NSE Nifty50 trading higher by 1.39 percent to 10,444.20 at 12.48 pm, while the BSE Sensex surged by 432 points, or 1.26 percent, to trade at 34,731.65.

Oct 10, 2018 12:49 PM

Aviation stocks up on ATF duty cut hopes##Aviation stocks up on ATF duty cut hopes

Shares of Indian aviation companies traded higher on Wednesday with Jet Airways (India) Ltd up as much as 7.5 percent to Rs 189. Interglobe Aviation Ltd climbed as much as 6.1 percent to Rs 768.40, while Spicejet Ltd gained as much as 7.1 percent to Rs 69.90. India's finance ministry is expected to submit a proposal to cut excise duty on aviation turbine fuel (ATF) from 14 percent to 8 percent. On September 26, Indian government had raised import tariffs on 19 items, including ATF. This year up to last close, Jet had fallen 79 percent, Interglobe lost 40 percent and Spicejet had fallen 55.3 percent. (Reuters)

Oct 10, 2018 12:40 PM

Financials lift BSE MidCap index, DHFL shares jump 17.5%, Shriram Transport 14%##Financials lift BSE MidCap index, DHFL shares jump 17.5%, Shriram Transport 14%

Oct 10, 2018 12:19 PM

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

Benchmark continue to trade higher on Wednesday lifted by a sharp surge in non-banking financial companies' shares. The BSE Sensex rising 393 points, or 1.15 percent, to trade at 34,692.74 at 11.46 am. The broader NSE Nifty50 also jumped 127 points, or 1.23 percent, to 10,428.

Oct 10, 2018 11:51 AM

ZEE to announce September quarter results today, street expects flat growth##ZEE to announce September quarter results today, street expects flat growth

Oct 10, 2018 11:13 AM

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