Sensex heatmap at close: Yes Bank, Wipro top gainers, Tata Motors, ICICI Bank top losers##Sensex heatmap at close: Yes Bank, Wipro top gainers, Tata Motors, ICICI Bank top losers
Nov 30, 2018 3:51 PM
Closing Bell: Sensex, Nifty end mildly higher, midcaps outperform##Closing Bell: Sensex, Nifty end mildly higher, midcaps outperform
The Sensex ended at 36,194, up by 24 points, or 0.07 percent, while the Nifty settled at 10,877, higher by 18 points, or 0.17 percent. The Nifty MidCap outperformed, closing 0.63 percent higher, while the BSE MidCap also closed up by 0.56 percent.
Nov 30, 2018 3:48 PM
Lupin shares surge 2.5 percent, Sensex, Nifty in the green##Lupin shares surge 2.5 percent, Sensex, Nifty in the green
Lupin shares gained more than 2.5 percent after the launch of skin infection treatment cream in the United States. Share straded at Rs 889.85, higher by 2.49 percent on the NSE at 3.07 pm. Meanwhile, the equity market recovered ahead of the closing trade with the Nifty trading at 10,868, up by 10 points, or 0.09 percent. The Sensex rose by 56 points, or 0.15 percent, to trade at 36,226. Yes Bank shares gained 5.5 percent and Wipro 3 percent. Tata Motors fell more than 3 percent.
Nov 30, 2018 3:10 PM
Market update: Sensex holds 36,000, Nifty below 10,850##Market update: Sensex holds 36,000, Nifty below 10,850
The Nifty traded at 10,841, down by 17.65 points, or 0.16 percent at 2.25 pm, while the Sensex was at 36,105, down by 55 points, or 0.15 percent. The Nifty MidCap outperformed, rising by 0.43 percent. Shares of Yes Bank, Cipla, Wipro, Indiabulls Housing, M&M, Kotak Mahindra, Maruti Suzuki traded higher by up to 4.4 percent. HPCL, Tata Motors, UPL, Bharti Infratel, NTPC, Vedanta, ICICI Bank and IndusInd Bank dipped by up to 4 percent.
Nov 30, 2018 2:26 PM
Kesoram Industries surges on report of demerger of tyre operations##Kesoram Industries surges on report of demerger of tyre operations
Shares of Kesoram Industries gained 10 percent to hit their three-month high of Rs 89 on reports said that the company may consider demerger of its tyre business. The announcement is expected in the next two weeks. So far today, over 2.1 million shares of the company were traded on the NSE, much higher than their three-month daily average volume of 383,584 shares. At 1.36 pm, shares of the company were 6.7 percent higher at Rs 86.25.
Nov 30, 2018 1:43 PM
Nifty Bank 80 points off day's low##Nifty Bank 80 points off day's low
Nov 30, 2018 1:17 PM
RCom up 15% as SC tells government to clear spectrum sale##RCom up 15% as SC tells government to clear spectrum sale
Shares of Reliance Communications rose nearly 15% after the Supreme Court asked the government to clear company's spectrum sale. However, the company has to submit the corporate guarantee in two days, a week after which the Department of Telecommunications will grant a no-objection certificate. Reliance Communications will give Rs 14 billion as corporate guarantee. The DoT had claimed Rs 29 billion from the company as spectrum usage charge.
Nov 30, 2018 1:00 PM
Vakrangee hits 5% upper circuit, rises for sixth session##Vakrangee hits 5% upper circuit, rises for sixth session
Shares of Vakrangee were locked in the 5% upper circuit, rising for the sixth consecutive session. The shares gained after Economic Offences Wing closed the inquiry on the company and gave it a clean chit last week. The probe agency had conducted an inquiry against the company and its promoter on allegations of stock price manipulation. So far this year, the stock has fallen over 92 percent.
Nov 30, 2018 12:38 PM
Asian Oilfield up 5% on Rs 276.5-million contract win##Asian Oilfield up 5% on Rs 276.5-million contract win
Shares of BSE-listed Asian Oilfield Services were locked in a 5 percent upper circuit at Rs 83.70 as the company, after market hours on Thursday, said it has received a letter of award for a contract worth Rs 276.5 million from Oil & Natural Gas Corp. The contract is for hiring of services for two-dimensional seismic data acquisition in Himalayan foreland area. The stock has been rising for five sessions now and has gained over 19%.
Nov 30, 2018 11:51 AM
Vodafone Idea down 5% as CRISIL cuts long-term rating, Sensex, Nifty sustain gains##Vodafone Idea down 5% as CRISIL cuts long-term rating, Sensex, Nifty sustain gains
Shares of Vodafone Idea fell 5 percent to hit its one-month low of Rs 35.95 after CRISIL downgraded its rating on the long-term bank facilities of the company to A+/Negative from AA-/Negative. The credit risk profile of the company will continue to be affected by competition, and the quantum and timeliness of synergy benefits will be one of the key rating sensitivity factors, CRISIL said. The ratings agency also raised concerns over the company's weak earnings and high debt. It has assigned A+ rating with a negative outlook to the company's 60-bln-rupee non-convertible debentures. Shares of Vodafone Idea were down nearly 4 percent at Rs 36.50 at 11.22 am. The broader Nifty50 traded at 10,903, highe rby 45 points, or 0.41 percent. The Sensex was up 183 points, or 0.51 percent, to 36,353.
Nov 30, 2018 11:24 AM
Future Retail up as Edelweiss Special Fund buys stake##Future Retail up as Edelweiss Special Fund buys stake
Shares of Future Retail gained 3 percent after Edelweiss Special Opportunities Fund acquired 0.8 percent stake or 4.04 million shares in the company at Rs 525.90 a share through a block deal on BSE. So far today, over 2.02 million shares of the company were traded on the NSE, much higher than their three-month daily average volume of 804,619 shares. Shares of the company traded 2.1 percent higher at Rs 514.85 at 10.40 am.
Nov 30, 2018 10:57 AM
Tata Motors falls on reports of JLR to pause manufacturing at UK unit##Tata Motors falls on reports of JLR to pause manufacturing at UK unit
Shares of Tata Motors fell 4 percent to hit their one-month low of Rs 170.35 after a report said that the company's subsidiary Jaguar Land Rover will pause production at its engine factory in the UK till Christmas. The two-week production freeze is set to affect 500 full-time employees at the engine manufacturing centre in Wolverhampton, the report said. The affected staff will continue to receive full pay during the freeze. Shares of the company were 2.2 percent lower at Rs 173.40. So far in 2018, the stock has lost as much as 60 percent.
Nov 30, 2018 10:11 AM
Tata Motors top Nifty loser, ZEEL up over 2%##Tata Motors top Nifty loser, ZEEL up over 2%
Nov 30, 2018 9:28 AM
Opening Bell: Sensex, Nifty start higher, Nifty Bank starts in the red##Opening Bell: Sensex, Nifty start higher, Nifty Bank starts in the red
The Sensex started more than 100 points higher, or 0.29 percent, at 36,274 in initial trade, while the Nifty neared the 10,900 mark, starting at 10,890, rising more tan 31 points, or 0.29 percent. The Nifty MidCap mirrored gains in frontline indexes, rising 0.29 percent. The Nifty Bank, however, started in the red, down by 0.11 percent, dragged by HDFC Bank and Kotak Mahindra Bank. Shares of Zee Entertainment, Indiabulls Housing Finance, Yes Bank, Gail surged by up to 2.27 percent, while Tata Motors, Adani Ports, Bharti Infratel, Titan and HDFC Bank were among major losers, falling by up to 3 percent.
Nov 30, 2018 9:26 AM
Pre-open market update: Sensex at 36,304, Nifty eyes 10,900##Pre-open market update: Sensex at 36,304, Nifty eyes 10,900
In pre-open trade, the Sensex settled at 36,304, rising 134 points, or 0.37 percent at 9.08 am, while the Nifty neared the 10,900 mark, up by 33.40 points, or 0.31 percent, to 10,892.
Nov 30, 2018 9:15 AM
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