Sectoral Trend: All sectoral indices, except Nifty Pharma, ended the day in green##Sectoral Trend: All sectoral indices, except Nifty Pharma, ended the day in green

May 16, 2019 3:43 PM

Top Nifty gainers and losers at closing bell##Top Nifty gainers and losers at closing bell

May 16, 2019 3:42 PM

Closing Bell: Sensex ends 279 points higher, Nifty above 11,250; Zee surges 9%, BPCL up 5%##Closing Bell: Sensex ends 279 points higher, Nifty above 11,250; Zee surges 9%, BPCL up 5%

Indian benchmark indices gained in the last hour of trade to end higher on Thursday, with Nifty settling above 11,250 levels led by gains in IT, metal and banking stocks. The Sensex settled 279 points higher at 37,393, while the Nifty50 added 100 points to end at 11,257. Among broader markets, Nifty Midcap and Nifty Smallcap were up 0.3 and 0.6 percent, respectively. Zee, BPCL, Bajaj Finance, IOC, and Ultratech Cement were among the major gainers on the Nifty50, whereas YES Bank, Bharti Airtel, IndusInd Bank, Cipla, and Coal India led losses. On the sectoral front, all except pharma were in the green, with Nifty Media being the biggest gainer, up 2.5 percent led by Zee (up 9 percent). Nifty Bank, Nifty, IT and Nifty Metal also gained over 1 percent each.

May 16, 2019 3:38 PM

JSW Energy Q4 margin expands over 100 bps on like to like basis##JSW Energy Q4 margin expands over 100 bps on like to like basis

May 16, 2019 3:25 PM

Bajaj Finance Q4 net profit rises more than 50% this quarter (QoQ)##Bajaj Finance Q4 net profit rises more than 50% this quarter (QoQ)

May 16, 2019 3:13 PM

Reliance-BP makes first bid for oil block; Vedanta bids for 30, ONGC 20##Reliance-BP makes first bid for oil block; Vedanta bids for 30, ONGC 20

RIL-BP combined made its first bid for an oil and gas exploration block in more than a decade, vying for one of the 32 blocks up for auction in the OALP-II and III bid rounds, which saw mining major Vedanta put in as many as 30 bids and ONGC, for 20 areas. Bidding for 14 blocks on offer in the Open Acreage Licensing Policy (OALP) round-II and another 18 oil and gas blocks and 5 coal-bed methane (CBM) blocks on offer in OALP-III closed on Wednesday. READ MORE

May 16, 2019 3:02 PM

Sensex rises more than 300 points from day's low##Sensex rises more than 300 points from day's low

May 16, 2019 2:44 PM

General sense is that we will get an NDA government, says Rajeev Malik of Macroshanti##General sense is that we will get an NDA government, says Rajeev Malik of Macroshanti

Rajeev Malik, founder & director of Macroshanti PTE, spoke to CNBC-TV18 about the 2019 general elections and the GDP data. Sharing his expectations from the 2019 election outcome, Malik said, “One has learned the hard way not to necessarily predict election outcomes as far as India is concerned. However, the general sense seems to be that we will get an NDA government, whether or not it is headed by current Prime Minister Modi remains up in the air.” READ MORE

May 16, 2019 2:30 PM

Hindalco reported a 37.4 percent YoY decline in net profit in Q4##Hindalco reported a 37.4 percent YoY decline in net profit in Q4

May 16, 2019 2:13 PM

InterGlobe Aviation slumps amid reports of rift between promoters##InterGlobe Aviation slumps amid reports of rift between promoters

Shares of InterGlobe Aviation, the parent company of budget carrier IndiGo, tanked over 8 percent amid reports of an alleged rift between IndiGo's promoters Rahul Bhatia and Rakesh Gangwal. The airline, however, denied the reports, calling it mere speculation. According to news reports, differences have surfaced between Bhatia and Gangwal over managerial control of the firm. The report quoted sources as saying that the two partners have approached different law firms. READ MORE

May 16, 2019 2:01 PM

Markets under Modi government: Only 5 Nifty stocks gave negative returns

Top losers under the Narendra Modi government included - Tata Motors (down 61 percent), ONGC (down 37 percent), Sun Pharma (down 35 percent), Coal India (down 33 percent), and Vedanta (down 25 percent).Get latest Market online at cnbctv18.com

May 16, 2019 1:43 PM

GAIL to invest for new Polvpropylene complex in Maharashtra##GAIL to invest for new Polvpropylene complex in Maharashtra

GAIL has approved revival ofexisting LPG Plant at Usar, Distt. Raigad Maharashtra and converting it into 500 KTPA Polypropylene complex with an estimated investment of Rs 8800 crore.

May 16, 2019 1:27 PM

Hindalco Q4 results today: Key things to watch out for##Hindalco Q4 results today: Key things to watch out for

Hindalco will report its fourth-quarter earnings on Thursday and analysts expect margins will be impacted due to lower alumunium profit and lower TC/RC (treatment and refining charge). Hindalco’s sales is expected to come in lower by around 1-2 percent. Operating profit will see a compression of around 22 percent and the margins should come in at around 8.5 percent from around 10.5 percent on a year-on-year (YoY) basis. The analysts expect a net profit of around Rs 230 crore. READ MORE

May 16, 2019 1:11 PM

Bajaj Finance & Bajaj Finserv Q4 results today: Key things to watch out for

Bajaj Finance and Bajaj Finserv will be reporting their fourth-quarter earnings on Thursday. Here are the key expectations:Get latest Earnings online at cnbctv18.com

May 16, 2019 12:53 PM

Nestle in talks with EQT, ADIA for $10 billion skin health deal##Nestle in talks with EQT, ADIA for $10 billion skin health deal

Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by private equity firm EQT Partners and ADIA in a deal worth 10.2 billion Swiss francs ($10.12 billion), it said on Thursday. The proposed transaction with EQT and a unit of the Abu Dhabi Investment Authority (ADIA) was expected to close in the second half of 2019 pending regulatory approval. Nestle will provide an update on how it will use the proceeds and its future capital structure at that time, the world's biggest food group said in a statement. READ MORE

May 16, 2019 12:36 PM

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