Yes Bank, HDFC, Reliance among top Sensex laggards, Sun Pharma, Kotak Bank lead##Yes Bank, HDFC, Reliance among top Sensex laggards, Sun Pharma, Kotak Bank lead

Oct 19, 2018 3:58 PM

Closing Bell: Sensex, Nifty end more than 1.2% down, Reliance, HDFC top drag##Closing Bell: Sensex, Nifty end more than 1.2% down, Reliance, HDFC top drag

The Sensex ended 464 points lower, or 1.33 percent, to 34,315, while the Nifty ended nearly 150 points down, or 1.43 percent, at 10,303.55. Broader markets also declined with the Nifty MidCap down by 1.55 percent and the BSE MidCap slipping 1.10 percent. Among gainers, ITC, Hindustan Unilever, Kotak Mahindra Bank, HPCL, Wipro, Sun Pharma, Vedanta gained by up to 4.15 percent, while Indiabulls Housing Finance, Yes Bank, BPCL, Hero MotoCorp, Tata Motors, Reliance, HDFC, Hero MotoCorp, and Infosys dipped by up to 17.10 percent. Indiabulls dipped 17 percent and Yes Bank more than 6 percent. Nifty IT slumped more than 3 percent, leading among 37 declining sectoral indices, while the Nifty FMCG led the 6 advancing sectors.

Oct 19, 2018 3:38 PM

Yes Bank says have zero exposure to Supertech##Yes Bank says have zero exposure to Supertech

Oct 19, 2018 3:23 PM

Market update: Sensex down 482 points ahead of close, Nifty below 10,300##Market update: Sensex down 482 points ahead of close, Nifty below 10,300

The Sensex traded at 34,297.08, sharply lower by 482.50 points, or 1.39 percent at 3.16 pm, while the Nifty gave up 10,300 mark, trading at 10,295.50, down by 157.55 points, or 1.51 percent.

Oct 19, 2018 3:18 PM

UltraTech Cement quarterly profit falls, misses expectations##UltraTech Cement quarterly profit falls, misses expectations

Cement maker UltraTech Cement Ltd's quarterly profit dropped 9.4 percent and missed market expectations, hurt by higher expenses, the company's statement showed on Friday. Standalone net profit, which does not account for its subsidiaries, stood at Rs 391 crore ($53.23 million) for the quarter ended September 30, compared with a profit of Rs 431 crore a year earlier, the company said in a statement. Read more

Oct 19, 2018 3:14 PM

Dish TV down as RIL's stake buy in rivals negative for company##Dish TV down as RIL's stake buy in rivals negative for company

Shares of Dish TV India fell 9 percent to hit a four-year low of Rs 45.90 after IDFC Securities said acquisition of stake in Den Network and Hathway Cable and Datacom by Reliance Industries will be a negative for broadcasters and direct-to-home players. Reliance Industries on Wednesday announced that it will buy stake in Den Networks and Hathway Cable and Datacom.

Oct 19, 2018 3:05 PM

UltraTech Cement Q2 net profit down 9.4% (YoY)##UltraTech Cement Q2 net profit down 9.4% (YoY)

Oct 19, 2018 2:35 PM

Piramal Enterprises down 12 percent at 19-month low##Piramal Enterprises down 12 percent at 19-month low

Shares of Piramal Enterprises fell nearly 12 percent to a 19-month low of Rs 1,852.65 as investors were concerned about the company's exposure to the cash-hit real estate sector, dealers said. Shares of Piramal Enterprises were down 9.11 percent at Rs 1907.65, with over 1.54 million shares traded on the NSE, versus a daily average of 145,045 shares. So far this year, shares of Piramal Enterprises are down nearly 34 percent.

Oct 19, 2018 2:10 PM

Market update: Sensex, Nifty extend losses##Market update: Sensex, Nifty extend losses

Indian shares ended extended losses on Friday afternoon. The Sensex traded at 34,259, down by 520 points, or 1.49 percent, while the Nifty dipped 155 points, or 1.49 percent, to trade below the 10,300 mark, at 10,297.40 at 1.25 pm.

Oct 19, 2018 1:28 PM

Here is what Arvind's Kulin Lalbhai has to say on company's fashion and engineering businesses##Here is what Arvind's Kulin Lalbhai has to say on company's fashion and engineering businesses

Oct 19, 2018 1:15 PM

Hathway Cable hits 3-month high as RIL to make open offer##Hathway Cable hits 3-month high as RIL to make open offer

Shares of Hathway Cable and Datacom rose 10 percent to hit their three-month high of Rs 32.35 after Reliance Industries said it will make an open offer to the company's shareholders. Reliance Industries announced on Wednesday that it will buy 51.3 percent stake in the company by investing Rs 29.40 billion. As per SEBI norms, an entity is required to make an open offer to the public shareholders, when its shareholding in a listed company crosses certain thresholds. Shares of Hathway Cable gained nearly 26 percent in October so far in anticipation of RIL buying majority stake in the company. (Cogencis)

Oct 19, 2018 12:45 PM

HDFC Bank's Q2 results: Street anticipating highest profit growth in last 13 quarters##HDFC Bank's Q2 results: Street anticipating highest profit growth in last 13 quarters

Oct 19, 2018 12:27 PM

JB Chemicals & Pharmaceuticals down 4% on 4 US FDA observations to Panoli unit##JB Chemicals & Pharmaceuticals down 4% on 4 US FDA observations to Panoli unit

Shares of JB Chemicals & Pharmaceuticals fell 4 percent after the US Food and Drug Administration issued four minor observations to the company's oral manufacturing facility at Panoli. The drug regulator inspected Panoli unit from Monday to Thursday. The company, however, said the observations will not have any impact on the current business. At 12pm, shares of the company were down 1.4 percent at Rs 295.60. So far this year, the stock has fallen nearly 13 percent. (Cogencis)

Oct 19, 2018 12:19 PM

UltraTech Cement Q2 earnings to be announced today, check what CNBCTV18 polls shows##UltraTech Cement Q2 earnings to be announced today, check what CNBCTV18 polls shows

Oct 19, 2018 12:14 PM

Market update: Sensex, Nifty trade 1% lower, financials, IT shares drag##Market update: Sensex, Nifty trade 1% lower, financials, IT shares drag

The Sensex traded at 34,436, down by 343 points, or 0.99 percent at 11.45 am, while the Nifty was trading at 10,340, lower by 113 points, or 1.08 percent. Along with Reliance, sharp downtrend in Infosys, Yes Bank, TCS, L&T, M&M, Hero MotoCorp among others further weighed on indexes. Support for the bulls came from pharma and consumer sectors with ITC, Hindustan Unilever, Sun Pharma and ICICI Bank among top contributors. Broader markets also under-performed with the Nifty MidCap down by nearly 1.5 percent. The BSE MidCap traded lower by 0.85 percent. Only 9 sectors advanced with Nifty FMCG among notable gainers rising less than half a percent, while BSE Energy lost 3.3 percent and was leading among 34 declining sectors.

Oct 19, 2018 12:12 PM

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