Sensex, Nifty close the year 2018 with minor gains##Sensex, Nifty close the year 2018 with minor gains

Dec 31, 2018 4:01 PM

Sensex heatmap at 2018: Tata Steel, Vedanta among gainers, Hero Moto top loser##Sensex heatmap at 2018: Tata Steel, Vedanta among gainers, Hero Moto top loser

Dec 31, 2018 3:46 PM

Closing Bell: Sensex, Nifty end 2018 on flat note, midcaps outperform##Closing Bell: Sensex, Nifty end 2018 on flat note, midcaps outperform

The Sensex settled at 36,068, down by more than 8 points, or 0.02 percent, while the Nifty closed at 10,862, mildly up by 2.65 points, or 0.02 percent. The Nifty MidCap was up by 0.46 percent, outperforming its frontline peers. Bank Nifty also ended marginally higher by 0.13 percent. Axis Bank, HDFC and Maruti Suzuki dragged indexes, while Infosys, Kotak Mahindra Bank and JSW Steel provided support. Metal stocks also ended with gains with JSW Steel, Tata Steel and Vedanta surging.

For the year, the Sensex and Nifty saw eked out minor gains of 3 percent and 6 percent, respectively. The Nifty MidCap lost 15 percent this year, posting its worst performance since 2011. Among sectoral indices, Nifty Realty was the worst performer in 2018 with the index losing 33 percent.

Dec 31, 2018 3:43 PM

Nifty Auto index down 23% in 2018, among worst hit##Nifty Auto index down 23% in 2018, among worst hit

The Nifty Auto index is poised to end 2018 as one of the worst performers among sectoral indices on the NSE, with a near 23% fall during the year. The auto sector has been under stress on multiple fronts throughout the year. Sales were hit by rising fuel and insurance prices that raised the cost of ownership for consumers. Distress in farm income and a liquidity crunch also weighed on these shares. Shares of Tata Motors, Motherson Sumi System, Bharat Forge, TVS Motors, Eicher Motors, Maruti Suzuki India fell 23-62% for the year. Mahindra & Mahindra shares were the only gainers, up 18%.

Dec 31, 2018 3:15 PM

Hindustan Construction Company shares surge 20% in trade today##Hindustan Construction Company shares surge 20% in trade today

Hindustan Construction Co. ltd's shares soared nearly 20 percent to hit an upper circuit of Rs 13.24 in trade on Monday. The smallcap shares of the Mumbai-based construction company have outperformed the sector by nearly 19 percent, rising the most since August 20. The HCC shares have gained after 2 days of consecutive fall likely on reports of the company raising Rs 497.6 crore through a rights issue. HCC shares traded at Rs 13.21, up by more than 19.5 percent at 3 pm. For the year, the stock has lost over 64 percent in its value.

Dec 31, 2018 3:13 PM

BHEL Bags Rs 3,500 crore order for setting up 660 MW thermal unit##BHEL Bags Rs 3,500 crore order for setting up 660 MW thermal unit

State-run BHEL said it has bagged an order worth Rs 3,500 crore for setting up a 660 MW supercritical thermal power plant in West Bengal. The order by West Bengal Power Development Corporation (WBPDCL) entails setting up a 660 MW Sagardighi Thermal Power Project at Manigram village in Murshidabad district of West Bengal, BHEL said in a statement.

According to the statement, BHEL's scope of work in the project includes design, engineering, manufacture, supply, testing and commissioning of the main plant turnkey package, comprising supercritical boiler and turbine generator along with its auxiliaries, coal handling plant and ash handling plant.

Dec 31, 2018 2:39 PM

National polls, trade war and crude oil: A cautious new year ahead for Dalal Street##National polls, trade war and crude oil: A cautious new year ahead for Dalal Street

Stock market is expecting a volatile year ahead with a host of domestic and international factors expected to drive its movement and these include national elections, a pre-poll union budget, trade war issues and crude oil prices.

Experts believe the overall movement for the benchmark Sensex may also end up in 2019 at around 5 per cent, the same as 2018.

Read full report here

Dec 31, 2018 1:48 PM

CONCOR gains for 4th session, hits 6-month high##CONCOR gains for 4th session, hits 6-month high

Shares of Container Corp of India traded higher for the fourth straight session, hitting a six-month high of Rs 696.90, as the company's volumes and realisations are expected to remain strong. CONCOR shares have gained 7.2% in four sessions, and are flat for 2018. At 1.29 pm, CONCOR shares traded at Rs Rs 669, marginally up by 0.38 percent.

Dec 31, 2018 1:29 PM

Capital goods will be the sector of 2019, says Raamdeo Agrawal of Motilal Oswal##Capital goods will be the sector of 2019, says Raamdeo Agrawal of Motilal Oswal

Raamdeo Agrawal, co-founder of Motilal Oswal Financial Services, spoke to CNBC-TV18 about his expectations from next year and co-relation between oil prices and market performance.

"There are lot of positive feelings as we enter 2019 but one can expect some corrections as well in 2019 because usually a correction cycle lasts for 2-3 years," Agrawal said on Monday. "One should look from a five year perspective and if we can do another 11-12 percent in next five years compounded."

Read full report here

Dec 31, 2018 12:46 PM

SAIL shares gain as company to set up 3 mtpa steel plant in Odisha, Sensex, Nifty turn negative##SAIL shares gain as company to set up 3 mtpa steel plant in Odisha, Sensex, Nifty turn negative

Shares of Steel Authority of India gained today after the company said it will set up a 3 mtpa steel plant in Odisha on the land the state had earmarked for South Korean steelmaker Posco, according to a Financial Express report. Shares of SAIL traded at Rs Rs 56.20, up by 2.46 percent. In 2018 so far, the stock has shed 39%. Meanwhile, benchmark indexes turned negative with the Sensex slipped over 27 points, or 0.08 percent, to trade at 36,049. The Nifty was down by nearly 6 points, or 0.04 percent, to 10,855.

Dec 31, 2018 12:25 PM

RBI says average base rate to be charged by NBFC-MFIs to borrowers raised to 9.15% for Q4##RBI says average base rate to be charged by NBFC-MFIs to borrowers raised to 9.15% for Q4

Dec 31, 2018 11:37 AM

PhillipCapital sees 68% upside in NCC shares##PhillipCapital sees 68% upside in NCC shares

NCC shares rallied 3.4 percent in morning after global investment firm PhillipCapital has maintained buy call on the stock with a target price of Rs 145, implying nearly 68 percent potential upside.

Dec 31, 2018 11:24 AM

Goodbye 2018, you were the reality check that market needed##Goodbye 2018, you were the reality check that market needed

As we move into the last trading day of 2018, it’s time to look back at the year that was and take lessons for the next year. History is always important for looking into the future of stock market, as oxymoronic it may sound.

Read CNBCTV18's Anuj Singhal's full report here

Dec 31, 2018 11:11 AM

Cipla falls as company recalls drug used in HIV treatment##Cipla falls as company recalls drug used in HIV treatment

Shares of Cipla fell nearly 1% today as the company has voluntarily recalled 4,800 bottles of nevirapine extended-release tablets in the US due to dissolution-specification issues. The tablet, in 400-mg strength, is used to treat those infected by the human immunodeficiency virus, and is manufactured at the company's facility in Goa. Shares of the company were down 0.79% at Rs 522 at 11.10 am.

Dec 31, 2018 11:05 AM

Asian Granito slumps 13% on arrest of co's promoter##Asian Granito slumps 13% on arrest of co's promoter

Shares of Asian Granito India slumped nearly 13% today as Promoter and Managing Director Mukeshbhai Patel was arrested by Directorate of Revenue Intelligence on Friday, the company said in a release. Patel had been granted bail on Saturday, the release said. The company, however, did not disclose any specific details on the reason for the arrest. At 10.30 am, shares of the company traded down 7% at 172.95 rupees. So far in 2018, the stock has lost 70%. (Cogencis)

Dec 31, 2018 10:38 AM

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