Thursday, October 31, 2019

Stock Market News,Rupee Update & Results for 31-Oct-2019


Nifty near 11,900, Sensex inching towards record high; PSU banks in focus

Market Opens: It is strong start for the Indian indices on October 31 with Nifty hovering around 11,900 and Sensex is inching towards its record high level. 

The Sensex is up 168.95 points or 0.42% at 40220.82, and the Nifty up 47.40 points or 0.40% at 11891.50. About 555 shares have advanced, 145 shares declined, and 24 shares are unchanged.

Quess Corp, JK Tyre, HDFC Bank, United Bank of India, SBI, Kotak Mahindra Bank, Infosys, ICICI Bank, Sun Pharma, M&M, JSW Steel and Hindalco, are among major gainers on the indices, while losers are Tata Motors, Yes Bank and Eicher Motors.

All the sectoral indices are trading in the green led by PSU bank, IT, metal, energy and FMCG.

Rupee Opens: The Indian rupee gained in the early trade on Thursday. It opened higher by 12 paise at 70.77 per dollar versus Wednesday's close 70.89.

Stocks in the news: IOC, Bharti Airtel, TVS Motor, Ramco Systems, JK Tyre, CONCOR, Quess Corp

Results on October 31: IOC, Dhanlaxmi Bank, Blue Dart Express, Jindal Saw, Laurus Labs, Syndicate Bank, Vaibhav Global


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Wednesday, October 30, 2019

Today's Stock Market News Update,Rupee Update & Results


Nifty above 11,800, Sensex up 100 pts; Bharti Airtel, L&T top gainers 

Market update: After kissing 40,100 in opening trade, market benchmark Sensex cooled off slightly. Around 09:25 hours IST, the 30-share pack was 125 points, or 0.31 percent, up at 39,956, with 19 stocks in the green. Bharti Airtel, Infosys and L&T were among the top gainers while Tata Motors, ONGC and Mahindra & Mahindra were among the top losers in the Sensex kitty.

The BSE Midcap and Smallcap indices were 0.52 percent and 0.36 percent up, respectively, around that time.

Among the sectoral indices, BSE Auto and Metal were in the red. BSE Telecom and Capital Goods rose up to 2 percent.

Rupee update: The Indian rupee opened lower by 6 paise at 70.90 per dollar on Wednesday versus previous close 70.84.

Stocks in the news: Tata Chemicals, SKF India, PVR, BEML, InterGlobe, Lemon Tree

Results on October 30: Tata Chemicals, Container Corporation, Tata Global Beverages, United Bank Of India, Graphite India, Heritage Foods, Indoco Remedies, JK TYRE, OnMobile Global, PTC India, Quess Corp, Sonata Software


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Tuesday, October 29, 2019

Indian Stock Market News,Rupee Update & Results for 29-Oct-2019


Sensex up 100 pts, Nifty above 11,650; Tata Motors surges 10%
After opening flat, the Indian market moved higher, backed by gains in shares of select heavyweights, such as Reliance Industries, TCS and Tata Motors. Asian shares scaled a three-month high after Wall Street hit all-time peaks amid hopes of progress in Sino-US trade talks and for another dose of policy stimulus from the Federal Reserve this week.

Asian shares scaled a three-month high on Tuesday after Wall Street hit all-time peaks amid hopes of progress in Sino-U.S. trade talks and for another dose of policy stimulus from the Federal Reserve this week.

Rupee update: The Indian rupee gained in the early trade on October 29. It opened higher by 14 paise at 70.74 per dollar versus Friday's close 70.88.

Results on October 29: Bharti Airtel, Atlas Cycles, Hindustan Zinc, Petronet LNG, SKF India, Tata Metaliks and Wonderla Holidays are among the companies that will declare their September quarter numbers today.

Stocks in the news: Bharti Airtel, Reliance Capital, GVK, Tata Power, Marico, Vodafone, Dr Reddy's Lab


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Friday, October 25, 2019

Today's Indian Stock Market News,Rupee Update & Results


Sensex, Nifty flat in a volatile trade; Infosys, ITC hold up

Equity benchmarks are experiencing bouts of volatility. Shares of Infosys, ITC, SBI and ICICI Bank are top support, while HDFC, Reliance Industries, Kotak Mahindra Bank and Axis Bank are top drags.

Market update: Around 09:20 hours IST, BSE Sensex was 46 points up at 39,066, while Nifty was flat at 11,581. ITC, State Bank of India and Infosys were the top gainers in the Sensex index, whereas Tech Mahindra, ONGC and Vedanta were the top losers.

Rupee update: The Indian rupee opened at 71.04 per dollar on Friday against the previous close of 71.02.

Stocks in the news: ITC, SBI, Tata Motors, Interglobe Aviation, Colgate, PNB Housing

SBI Q2 profit may grow sharply but get impacted on DTA adjustment; NII, loan growth seen over 10%

Results on October 25: Tata Motors, SBI, Marico, HDFC Asset Management Company, Arvind, Hikal, Infibeam Avenues, Jubilant Life Sciences, Reliance Capital, Ratnamani Metals, Strides Pharma Science, Supreme Industries, Tata Coffee, Tata Motors DVR, V2 Retail, Zuari Agro Chemicals

Results on October 26: ICICI Bank, Pfizer and Triveni Glass


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Wednesday, October 23, 2019

Indian Stock Market News,Rupee Update & Results for 23-Oct-2019


Sensex, Nifty in the red; Tata Motors, Infosys top losers 

Indian market benchmarks opened flat on October 23, mirroring weakness in other Asian shares after British lawmakers rejected the government’s timetable to fast-track legislation for its Brexit deal.

Market update: Equity benchmark Sensex is trading flat, while among the secondary barometers, BSE Midcap was down 0.22 percent around 09:25 hours IST, but the BSE Smallcap index was up 0.15 percent at that time.

Rupee, bond yield slip: The Indian rupee opened 7 paise lower at 71 per dollar against Tuesday's close of 70.93 per dollar. Government 10-year benchmark bond yield opened at 6.53 percent against the previous close of 6.54 percent.

Stocks in the news: Infosys, Axis Bank, L&T, RBL Bank, Lupin, Ceat, OBC, Aurobindo Pharma

Results Today: L&T, Bajaj Auto, Hero MotoCorp, HDFC Life, Biocon, Aarti Drugs, Havells, Hexaware, JSW Steel, Praj Industries, Texmaco Rail, Shoppers Stop, Zee Media, Texmaco Infra, HCL Technologies, JM Financial, KPIT Technologies, NIIT Technologies


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Wednesday, October 16, 2019

Today's Share Market News,Rupee Update & Results


Nifty opens above 11,450, Sensex up 100 pts; Wipro, BPCL, Bajaj Consumer in focus


Market Opens: It is positive start for the Indian indices with Nifty above 11,450.

The Sensex is up 108.39 points at 38614.48, while Nifty is up 34.70 points at 11463. About 393 shares have advanced, 174 shares declined, and 35 shares are unchanged.

IOC, Grasim industries, Zee Entertainment, BPCL, Tata Motors, Dr Reddy’s Laboratories, UltraTech Cement, Tata Steel , Bharti Airtel are among major gainers on the indices, while losers are Infosys, ITC and IndusInd Bank.

All the sectoral indices are trading higher led by the infra, auto, bank, metal, pharma and IT.

Rupee Opens: The Indian rupee opened lower by 5 paise at 71.59 per dollar on Wednesday versus previous close 71.54.

Stocks in the news: Mindtree, Wipro, ARSS Infra, Star Cement, ONGC, NBCC


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Monday, October 14, 2019

Indian Stock Market News & Rupee Update for 14-Oct-2019


Nifty around 11,350, Sensex gains 100 points; Infosys, Adani Gas in focus


Market Opens: It is a positive start for the Indian indices on October 14 with Sensex gains over 100 points.

The Sensex is up 128.54 points at 38255.62, while Nifty is up 41.40 points at 11346.40. About 407 shares have advanced, 288 shares declined, and 36 shares are unchanged.

Future Enterprises, DLF, Adani Gas, JSW Steel, Tata Steel, SBI, Vedanta, Yes Bank, ICICI Bank, Axis Bank, IndusInd Bank and HDFC are among major gainers on the Indices, while losers are Infosys, UPL, Bank of Baroda, Avenue Supermarts and Bajaj Consumer Care.

Rupee Opens higher: The Indian rupee gained in the early trade on Monday. It has opened higher by 14 paise at 70.88 per dollar versus Friday's close 71.02.

Stocks in the news: Infosys, Avenue Supermart, BoB, NMDC, Cadila Health, HUL

Results Today: Hindustan Unilever, Delta Corp, GTPL Hathway

IRCTC to debut on bourses today


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Monday, October 7, 2019

Indian Stock Market News & Rupee Update for 07-Oct-2019


Sensex falls over 100 pts, Nifty below 11,150; IndusInd Bank down 3%


Market update: The Indian market opened flat on October 7 and slipped lower soon even as global sentiment was positive after data showed the US unemployment rate dropped to the lowest in almost 50 years, easing concerns of a slowdown in the world's largest economy.

The 30-share Sensex fell over 100 points and Nifty touched 11,117 on the downside in early trade.

The BSE Sensex was 85 points, or 0.23 percent, down at 37,588, while the NSE Nifty was 46 points, or 0.41 percent, down at 11,129.

IndusInd Bank, Sun Pharma, Larsen & Toubro (L&T) and Hero MotoCorp were trading as the top losers in the Sensex index.

Rupee update: The Indian rupee declined in the early trade on Monday. It opened lower by 8 paise at 70.96 per dollar versus Friday's close 70.88.

Stocks in the News: Glenmark Pharma, Ashok Leyland, Lupin, VST Tillers, BEML, SPARC


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Friday, October 4, 2019

Indian Share Market News Update for 04-Oct-2019


Sensex up 200 pts, Nifty above 11,350 ahead of RBI policy; HDFC, Hero Moto top gainers



Market Update: The hopes of a rate cut by the Reserve Bank of India is keeping the Indian market aloft.  Around 0935 hours, the 30-share Sensex was 210 points up at 38,317, while the Nifty index was 53 points up at 11,367

Equity benchmarks Sensex and Nifty traded with healthy gains, supported by bank, financial and IT heavyweights.

Yes Bank shares jumped 5 percent, followed by IndusInd Bank, State Bank of India and HDFC, each trading higher by over a percent.

Stocks in the News: Hindalco Industries, UCO Bank, Orient Cement, Dhampur Sugar, New India Assurance

Rupee Update: Rupee traded with mild gains ahead of RBI policy rate decision. The Indian currency traded 8 paise higher at 70.82 per dollar.

Gold Price Today: Gold prices witnessed profit-taking in December futures trade on October 4 after registering a rally of more than 1 percent in the previous trading session. However, in the international markets, prices remain firm amid expectations of a rate cut by the US Federal Reserve.


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Thursday, October 3, 2019

Indian Stock Market News & Rupee Update for 03-Oct-2019


Nifty trades below 11,280, Sensex down over 225 pts; rupee opens lower
 

Market update: Indian market benchmarks Sensex and Nifty opened in the red. Sensex declined over 225 points while Nifty traded below 11,280 in early deals. Yes Bank jumped 10 percent higher, but Vedanta declined nearly 3 percent.

Yes Bank shares jumped 20 percent in early trade. The stock had hit its multi-year low in the previous session on the sale of pledged shares.

Gold price today: Gold prices rebounded in futures trade, supported by selloff in equities. Fresh concerns around trade war made investors avoid riskier equities and go for safe-haven assets.

Stocks in the news: Yes Bank, Hero MotoCorp, GMR Infra, Eicher Motors, Tata Motors, M&M, NMDC

Rupee Update: The Indian rupee fell in the early trade on Thursday. It has opened lower by 14 paise at 71.22 per dollar versus Tuesday's close 71.08.


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Tuesday, October 1, 2019

Indian Stock Market News & Rupee Update for 01-Oct-2019

Nifty opens above 11,500, Sensex up 200 pts; BPCL gains 7%


Market Opens: It is positive start for the Indian indices with Nifty above 11,500 level.

The Sensex is up 237.73 points at 38,905.06, while Nifty is up 70.30 points at 11,544.80. About 460 shares have advanced, 203 shares declined, and 28 shares are unchanged.

CONCOR, SCI, Berger Paints, BPCL, Yes Bank, IOC, IndusInd Bank, Hero MotoCorp, Tata Motors, HDFC Bank and Bajaj Finance are among major gainers on the Indices, while losers are DRL, Cipla, Reliance Capital, Ashok Leyland, Vodafone Idea and DHFL.

Among sectors, except IT and metal all indices are trading higher led by the bank, auto, infra, FMCG, pharma, and energy.

Rupee Opens: The Indian rupee gained in the early trade on Tuesday. It has opened higher by 14 paise at 70.73 per dollar versus previous close 70.87 yesterday.

Stocks in the news: PNB, Bank of Baroda, Cadila, NBCC, BPCL, SCI, CG Power, PNB Housing


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