Sensex heatmap at close: IndusInd Bank top gainer, Tech Mahindra top loser##Sensex heatmap at close: IndusInd Bank top gainer, Tech Mahindra top loser

Jul 3, 2019 3:52 PM

Closing Bell: Sensex, Nifty end with mild gains, Indiabulls Housing Fin up 7.5%##Closing Bell: Sensex, Nifty end with mild gains, Indiabulls Housing Fin up 7.5%

The Sensex settled 23 points up, or 0.06 percent, at 39,839.25 at close. The Nifty closed at 11,916.75, higher by just 6.45 points, or 0.05 percent. Broader market indices were better with the Nifty MidCap outperforming frontline indices, settling 0.39 percent up. Bank Nifty gained 0.32 percent. Nifty PSU Banks was the best performer among 31 advancing sectors, while Nifty IT slipped the most among 12 falling sectoral gauges. Indiabulls Housing, IndusInd Bank, ITC, Zee Entertainment and Grasim Industries were among major gainers on the Nifty, while losers were Eicher Motors, GAIL, Tech Mahindra, Vedanta and Dr. Reddy’s Labs.

Jul 3, 2019 3:34 PM

Health gains on US FDA OK for generic of Cytotec##Health gains on US FDA OK for generic of Cytotec

Cadila Healthcare shares recovered after the company got the US Food and Drug Administration's approval to market Misoprostol tablets, the generic of Cytotec. The drug will be manufactured at the group’s formulations manufacturing facility at special economic zone, Ahmedabad. Misoprostol is used to prevent stomach ulcers in patients taking pain medications especially if the patient is at risk for developing ulcers or has a past history of ulcers. The group now has 268 approvals and has so far filed over 360 abbreviated new drug application since the commencement of the filing process in 2003-04 (April-March).

Jul 3, 2019 3:23 PM

This stock has given 69% returns since its issue this year, outperformed all its peers##This stock has given 69% returns since its issue this year, outperformed all its peers

The newly-listed Neogen Chemicals has given 41 percent returns since its listing and 69 percent returns since its issue this year, outperforming other IPOs that hit the stock exchanges in 2019. A total of eight initial public offerings (IPOs) hit the stock exchanges so far this year, an extremely small number when compared to the 45 IPOs in the fiscal year 2017-18. Approximately Rs 5,500 crore has been raised through the IPO route in 2019, one-fourth of the amount that was raised in H12018. READ MORE

Jul 3, 2019 3:14 PM

Yes Bank slips over 4% from day's high##Yes Bank slips over 4% from day's high

Jul 3, 2019 3:03 PM

Stock market update: Sensex, Nifty off highs, trade lower##Stock market update: Sensex, Nifty off highs, trade lower

Jul 3, 2019 3:01 PM

Sensex turns red after a 100-point swing, Nifty near 11,900##Sensex turns red after a 100-point swing, Nifty near 11,900

The BSE Sensex traded 20 points lower at 39,797.41 soon after hitting day’s high of 39,934.99. The Nifty 50 turned red and traded 6 points lower at 11,904 after rising to a high of 11,945.

Jul 3, 2019 3:00 PM

Aarti Industries to trade ex-personal care business tomorrow##Aarti Industries to trade ex-personal care business tomorrow

Aarti Industries, one of the major producers of benzene-based derivatives in the country, will be trading its ex- home and personal care business tomorrow. The move is aimed at focusing on the main specialty chemicals business.

The home and personal care business will get demerged into Aarti Surfactants and shareholders of Aarti Industries will get one share of Aarti Surfactants for every 10 shares held. Aarti Surfactants will be listed at a later stage. Read more

Jul 3, 2019 2:52 PM

Lupin shares traded 1% lower##Lupin shares traded 1% lower

Lupin said it has received the USFDA approval for Phenylephrine and Ketorolac Intraocular Solution. Shares traded 1.3 percent lower at Rs 750.65 per share.

Jul 3, 2019 2:51 PM

Steel Strips Wheels gets order from European markets##Steel Strips Wheels gets order from European markets

Steel Strips Wheels said the company has bagged exports orders for 80,000 wheels for European Union market. Shares traded 0.45 percent lower at Rs 780 per share

Jul 3, 2019 2:21 PM

DHFL shares up over 6%; Lenders appoint SBI Cap advisor for resolution process##DHFL shares up over 6%; Lenders appoint SBI Cap advisor for resolution process

Jul 3, 2019 1:40 PM

Eris Lifesciences shares gain after board approves share buyback plan##Eris Lifesciences shares gain after board approves share buyback plan

Jul 3, 2019 1:31 PM

Excel Crop Care shares jump over 3% after GPCB withdraws closure order##Excel Crop Care shares jump over 3% after GPCB withdraws closure order

Jul 3, 2019 1:05 PM

Stock Market Update: Sensex, Nifty edge higher led by banking stocks##Stock Market Update: Sensex, Nifty edge higher led by banking stocks

The BSE Sensex was up 54.75 points, or 0.14 percent, at 39,871.23, and the Nifty 50 was trading 12.45 points, or 0.10 percent, higher at 11,922.75.

The Nifty midcap and smallcap indices gained 0.3 percent and 0.4 percent. Among the sectoral indices, banking, real estate and media advanced, while pharma, metal and auto were traded in negative territory

IndusInd Bank, ONGC, Larsen and Toubro, Asian Paints and Indiabulls Housing Finance were among the major gainers on key indices. Eicher Motors, GAIL, Vedanta, Dr Reddy’s Leboratories and Tech Mahindra were among the top losers.

Jul 3, 2019 12:44 PM

Dr Reddy's shares down over 1%##Dr Reddy's shares down over 1%

Dr. Reddy's Laboratories said it has launched Carboprost Tromethamine injection in the US market. Carboprost is a form of prostaglandin that helps in controlling bodily functions like blood pressure and muscle contractions. Shares traded 1.14 percent lower at Rs 2,598.35 per share.

Jul 3, 2019 12:31 PM

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