After trading sideways for most of today's session, benchmark
indices ended near the day's low with the Nifty closing below 11,950 levels.At
Close, the Sensex was down 267 points at 37,060, while Nifty was down 98 points at 10,918. About 653 shares have advanced, 1800 shares declined, and 144
shares are unchanged.Hero Motocorp, Maruti Suzuki, Infosys, Tech Mahindra and
HUL were among major gainers on the Nifty, while losers were Tata Motors,
Indiabulls Housing, Yes Bank, Grasim Industries and Tata Steel.All the sectoral
indices ended lower led by the metal, PSU bank, energy, infra, FMCG, auto,
pharma and IT. Stock alert Britannia
Industries falls nearly 4% as worries over demand slump deepen Tata Motors,
ONGC.
Wednesday, August 21, 2019
Tuesday, August 20, 2019
MARKET SUMMARY OF 20 AUG 2019
After three days of gains, Sensex ended in negative on August
20, dragged by losses in bank, financial and energy heavyweights, including
Reliance Industries, ICICI Bank and HDFC.After opening with gains, the market
benchmark kept trading flat as investors kept awaiting government's clarity on
reports of a corporate tax rate cut. Besides, the government is yet to reveal
its cards on widely anticipated fiscal stimulus measure which is keeping
investors on tenterhooks.Buzzing
stocks Oberoi
Realty, Capacit'e Infra fall up to 8% on reports of raid by I-T dept YES Bank
falls for second straight day, down 15% against QIP price Vodafone Idea falls
6% as CEO Balesh Sharma resigns Karnataka govt cancels NMDC lease for Donimalai
mine, opts for auction CG Power tanks 20% after Co recognises 'unauthorized
transactions' by staff
Monday, August 19, 2019
MARKET SUMMARY OF 19 AUG 2019
Domestic indices pared gains in the afternoon trade to end flat on Monday. The benchmark S&P BSE Sensex rose 316 points to touch an intra-day high of 37,719 after hopes of a revivial package from the government lifted sentiment at D-Street. Sentiment was also supported by gains in the Asian markets. The S&P BSE Sensex ended 52 points, or 0.14 per cent higher, at 37,402 levels with buying being witnessed across the board. Sun Pharma, Tech Mahindra, Axis Bank, and L&T ended the day as top gainers at the 30-share index, while YES Bank, Power Grid, State Bank of India, and ONGC settled as top laggards. The broader Nifty50, settled at 11,054 levels, up 6 points or 0.05 per cent.Buzzing stock Marico hits new high, gains 10% thus far in August on strong
Q1 results INEOS Styrolution
freezes at 20% upper circuit on voluntary delisting plan Unnerved by Reliance
Jio offer, leading multiplex companies hit back Aavas Financiers
rallies 90% so far in 2019 on FPI buying Credit rating
agencies, auditors on ED radar in IL&FS charge sheet
Friday, August 16, 2019
MARKET SUMMARY OF 16 AUG 2019
Market ended flat on Friday dragged by uncertainty over announcement of any revival package by the government and weak global cues. Indices remained lack lustre for better part of the day, only to turn volatile in the afternoon trading session.The benchmark S&P BSE Sensex settled with gains of 39 points, or 0.10 per cent, at 37,350 levels led by banking and automobile stocks. The gains were, however, capped by losses in the technology and metal scrips. Power Grid, Maruti Suzuki, YES Bank, and IndusInd Bank were the top gainers at the 30-share index, while TCS, Vedanta, HCL Tech, and HDFC were the top laggards. The broader Nifty50, too, closed at 11,048-mark, up 18 points or 0.17 per cent. The Sensex and Nifty, each, slipped 0.6 per cent during the week, while Nifty Bank and mid-cap indices shed 1 per cent each during the period.Shares of Aarti Industries slipped 8 per cent to Rs 1,595 on the BSE in the intra-day trade on Friday. The stock fell 9 per cent from its early morning high on profit-booking after the management lowered FY20 revenue/profit guidance considering slowdown in end-use industries. The stock closed at Rs 1591, down 8 per cent. Shares of Apollo Hospitals Enterprises rallied 7 per cent intra-day to Rs 1,454 apiece on the BSE on Friday, also its 52-week high, on strong June quarter results for FY20 . The stock has surged 10 per cent at the bourses since Tuesday, when it reported more than double consolidated net profit at Rs 49 crore. The company had a profit of Rs 23 crore in the year-ago quarter. The stock is 6 per cent away from its all-time high level of Rs 1,544 touched on March 2, 2016. It ended at Rs 1471, up 8 per cent.
Wednesday, August 7, 2019
MARKET SUMMARY OF 7 AUG 2019
FOR FREE TRIAL FILL THE FORM>>>>>
A 35-basis point (bps)
rate cut by the Reserve Bank of India (RBI) failed to lift the investor
sentiment on Wednesday as the benchmark indices ended in the red.The S&P
BSE Sensex lost 286 points to settle at 36,690, with HUL
being the top gainer and M&M the biggest loser. The broader Nifty50 index
ended the session at 10,855, down 93 points. On the
sectoral front, rate-sensitive stocks took the biggest knock with Nifty Bank,
Nifty Auto and Nifty Realty slipping 1 per cent to 2 per cent. Volatility
gauge, India VIX climbed nearly 5 per cent to 16.88 levels. The broader
market fared better than the benchmark indexes. Buzzing stock Indiabulls
Housing falls 9% on weak Q1 results, worsened asset quality.Titan Company slips
4%, hits 6-month low on subdued Q1 earnings.Rate sensitive stocks trade mixed after
RBI cuts repo rate by 35 bps.Vodafone Idea hits new low as CRISIL downgrades its NCDs rating.SRF packs a punch,
defies Street in June quarter; stock gains 16%
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