Sensex, Nifty close with minor gains amid volatility, Nifty Bank outperforms##Sensex, Nifty close with minor gains amid volatility, Nifty Bank outperforms

Jun 7, 2019 3:58 PM

Closing Bell: Sensex, Nifty close with minor gains, Bank Nifty reclaims 31,000##Closing Bell: Sensex, Nifty close with minor gains, Bank Nifty reclaims 31,000

Indian shares ended with minor gains after a volatile trade on Friday, but financials saved the day for benchmark indices. The BSE Sensex settled at 39,616, up by 86 points, or 0.22 percent, while the Nifty50 added 27 points to end at 11,870.

Jun 7, 2019 3:47 PM

DHFL on track to pay NCD dues within 7-day period, says Chairman Kapil Wadhawan##DHFL on track to pay NCD dues within 7-day period, says Chairman Kapil Wadhawan

CNBC-TV18’s Nisha Poddar caught up with Kapil Wadhawan, the chairman and MD of the company. READ MORE

Jun 7, 2019 3:24 PM

How Eros Media's ballooning debt, low cash reserves changed its fate##How Eros Media's ballooning debt, low cash reserves changed its fate

The company touched its first record high on September 20, 2015, at Rs 643.95 after which the stock failed to hold on to its gains and started to slide. On October 23, 2015, the stock fell 20 percent in a day following a crash in shares of its New York Stock Exchange-listed holding company Eros International Plc (EIP). READ MORE

Jun 7, 2019 3:22 PM

Ramky Infra wins Rs 500 crore housing project, shares trade under pressure##Ramky Infra wins Rs 500 crore housing project, shares trade under pressure

Ramky Infrastructure has been awarded project worth Rs 494.04 crores by Rajiv Gandhi Rural Housing Corporation in Bengaluru BMRDA area under 1 Lakh Multi-Storey Bengaluru Housing Programme on Turn Key basis. Shares traded under pressure with stock down by 1.3 percent quoting at Rs 116.20.

Jun 7, 2019 3:19 PM

Market update: Sensex, Nifty edge higher, financials, TCS support bulls, Reliance drags##Market update: Sensex, Nifty edge higher, financials, TCS support bulls, Reliance drags

The Nifty50 traded 32 points up at 11,876 at 3.11 pm, while the Sensex surged 123 points to trade at 39,653. The MidCaps continue to trade under pressure, while as many as 16 sectors advanced led by BSE Telecom, Nifty Finance and Nifty IT. BSE Utilities, Nifty Pharma, Nifty Realty, Nifty Energy were leading among 27 declining sectors. Bharti Infratel, IndusInd Bank, Tech Mahindra, M&M, Bajaj Finance, ICICI Bank and SBI surged between 1 and 2.5 percent. Dr Reddy's Labs, Yes Bank, Power Grid Corp, Cipla, JSW Steel, Coal India, ONGC and Sun Pharma, dipped by up to 3 percent.

Jun 7, 2019 3:13 PM

Market broadly in positive range, midcaps underperform##Market broadly in positive range, midcaps underperform

Jun 7, 2019 2:58 PM

Voltas rises 5% on hope of robust Q1 earnings##Voltas rises 5% on hope of robust Q1 earnings

Shares of Voltas rose nearly 5 percent and hit a one-month high of Rs 615.90 on optimism that delayed monsoon and longer heat-wave conditions will boost company sales for Q1, which would reflect in the company's earnings for the quarter. So far today, over 3.6 million shares of the company were traded on the NSE, higher than the six-month average daily volume of 1.4 million shares. At 2.30 pm, shares of the company were up 4.16 percent higher at Rs 613.

Jun 7, 2019 2:32 PM

Gujarat Fluorochemicals surges 5%, Sensex, Nifty slip##Gujarat Fluorochemicals surges 5%, Sensex, Nifty slip

Shares of Gujarat Fluorochemicals ltd quoted at Rs 1,111.60, up by 4.87 percent on Thursday at 2.17 pm. The stock opened at Rs 1062 and hit the day's high at Rs 1,124.95. Meanwhile, the Nifty50 traded down by 16.30 points, or 0.14 percent, at 11,827.45. The Sensex slipped 42 points, or 0.11 percent, to trade at 39,487.

Jun 7, 2019 2:17 PM

Dollar bound for worst week so far this year##Dollar bound for worst week so far this year

The dollar was headed on Friday for its worst week since December, before a U.S. jobs report that investors expect to bolster the case for a Federal Reserve interest rate cut. Against a basket of six other currencies, the dollar was steady at 97.042, trading about 0.3% above Wednesday’s eight-week low of 96.749. The index was on course for a 0.72% loss this week, its worst weekly performance since the week of March 15, when it gave up 0.73%.

Jun 7, 2019 2:09 PM

Top gainers and losers at this hour##Top gainers and losers at this hour

Jun 7, 2019 1:47 PM

European stocks recover after ECB disappointment##European stocks recover after ECB disappointment

European stocks were in recovery mode on Friday after a cautious message from the European Central Bank hit investors’ appetite for risk in the previous session, with traders eyeing a U.S. jobs report and U.S. trade tussles with Mexico for fresh direction. Automakers climbed on a report that U.S. President Donald Trump could delay the tariffs he had threatened to put on Mexican goods as soon as this coming Monday, while French drugmaker Sanofi gained on its appointment of a new chief executive. The pan-regional STOXX 600 index rose 0.6% by 0717 GMT, on track for its best weekly performance in two months. France’s CAC 40 outperformed its euro-peers with a 0.9%, helped by French pharma giant Sanofi.

Jun 7, 2019 1:31 PM

Eicher Motors expects some rationalisation in GST rates to push demand##Eicher Motors expects some rationalisation in GST rates to push demand

The current stressful situation in the auto industry, which had begun in the third quarter of the fiscal year 2018-19, stemmed from the liquidity crisis at the non-banking financial companies, said Vinod Aggarwal, managing director and chief executive office of VE Commercial Vehicles, a unit of Eicher Motors. READ MORE

Jun 7, 2019 1:15 PM

Here's a quick round-up of what has so far happened in the markets today##Here's a quick round-up of what has so far happened in the markets today

-Indices have turned range bound in flat trade. The Sensex has ranged between a high of 39666 and a low of 39279, after opening at 39581. The Nifty has ranged between a high of 282.90 and a low of 271.80, after opening at 274.50.

-The Nifty Pharma index was the worst performing sector during the afternoon session dragged by Biocon, Dr Reddy’s Laboratories, Glenmark and others.

-Bharti Infratel, Vedanta, BPCL, ICICI Bank and Indiabulls Housing Finance were among the top gainers on the key indices, whereas Dr Reddy’s Laboratories, Cipla, Reliance Industries, Coal India and Power Grid Corporation led losses.

-Shares of Indiabulls Real Estate surged after promoters sold around 12 percent stake in the company to Embassy group on Friday.

-Manappuram Finance shares declined 10 percent on news report that the Securities and Exchange Board of India (Sebi) has issued showcause notices to five asset management companies (AMCs) for using price-sensitive information to trade in MFL stock in March 2013.

Jun 7, 2019 1:04 PM

Cyient up on investment in Israel rail company, Sensex, Nifty trade with mild gains##Cyient up on investment in Israel rail company, Sensex, Nifty trade with mild gains

Shares of Cyient rose nearly 2 percent as the company announced a strategic investment in Israel-based rail cybersecurity solutions company Cylus. Shares quoted at Rs 564.75, up almost a percent at 12.47 pm. Meanwhile, the benchmark Nifty50 was up 9.50 points to trade at 11,853. The Sensex added 53 points to trade at 39,582.

Jun 7, 2019 12:52 PM

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