Benchmark indices ended Wednesday's session with minor gains amid volatile trade as investors turned cautious on the eve of the Lok Sabha 2019 election outcome. After hitting an intra-day high of 39,249.08, Sensex finally settled 140 points, or 0.36 per cent higher at 39,110 while Nifty50 ended the day at 11,738, up 29 points or 0.25 per cent.
India VIX, a gauge of voltality on the NSE, touched a 4-year high of 30.18 in intra-day deals.
IndusInd, Sun Pharma, Bajaj Auto, Bharti Airtel, and Coal India were the BSE's top gainers. Out of the 30 constituents, 25 ended in the green. The market breadth remained in favour of buyers. About 969 stocks advanced and 770 shares declined on the NSE.
Only three out of the 11 Nifty sectoral indices ended the day in red, with Nifty Private Bank registering the maximum gain of 0.8 per cent while Nifty Bank rose 0.7 per cent.
In the broader market, the S&P BSE MidCap index dipped 24 points, or 0.2 per cent, to settle at 14,672, while the S&P BSE SmallCap rose 77 points, or 0.5 per cent, to end the day at 14,369.
BUZZING STOCKS
Dewan Housing Finance Corporation (DHFL) plunged as much as 18 per cent to Rs 107 in the early trade on Wednesday on the BSE after the non-banking finance company (NBFC) stopped accepting fresh public deposits and renewals of existing deposits. The stock, however, pared some losses to end the day 12 points, or 9.4 per cent lower, at Rs 117.65. READ MORE
Shares of Jet Airways (India) rallied 5 per cent to Rs 158.55 apiece on the BSE on Wednesday on the back of heavy volumes being traded on the hopes of the airline's revivial. The share has surged 32 per cent so far in this week. READ MORE
Find more buzzing stocks here
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03:47 PM
Top gainers on BSE500
COMPANY PRICE(RS) CHG(RS) CHG(%) VOLUME
TIMKEN INDIA 666.45 111.05 19.99 81475
RELIANCE POWER 7.85 0.93 13.44 12256657
NAVA BHARAT VENT 103.10 9.55 10.21 140849
CAPLIN POINT LAB 399.50 34.30 9.39 35387
BHARAT FINANCIAL 957.70 65.00 7.28 107750
» More on Top Gainers
03:46 PM
Market at close
03:46 PM
Heatmap: S&P BSE Sensex
03:34 PM
Market at close
The S&P BSE Sensex ended at 39,110, up 140 points while the broader Nifty50 index settled at 11,738, up 29 points.
03:20 PM
Bank stocks trade mixed
COMPANY NAME LATEST HIGH LOW CHG
(RS) CHG(%)
YES BANK 137.10 141.55 135.45 -3.90 -2.77
IDBI BANK 36.40 36.45 34.65 0.95 2.68
PUNJAB NATL.BANK 84.45 85.80 82.70 -1.70 -1.97
ST BK OF INDIA 340.05 341.00 333.55 2.50 0.74
BANK OF BARODA 126.25 128.25 125.00 0.90 0.72
03:11 PM
Bharti Infratel slips in trade
03:03 PM
Jet Airways soars over 7%
02:58 PM
Fading political uncertainty in India raises hopes of an economic rebound
India's economy showed nascent signs of a recovery in April as a general election got underway, helping to somewhat lift the political uncertainty holding back investments.
Overall activity from eight high-frequency indicators compiled by Bloomberg News suggest the economy picked up slightly last month, with the dot moving one notch to the right. The dashboard is a measure of “animal spirits,” a term coined by British economist John Maynard Keynes to refer to investors’ confidence in taking action. READ MORE
02:46 PM
Reliance Power climbs over 5.5%
02:35 PM
Stocks that hit 52-week low on S&P BSE Sensex
COMPANY PRICE(RS) 52 WK LOW CHG(RS) CHG(%)
AMARA RAJA BATT. 616.25 603.25 -11.85 -1.89
DHANUKA AGRITECH 360.00 355.00 -5.45 -1.49
ERIS LIFESCIENCE 572.20 565.25 -32.65 -5.40
FORTIS HEALTH. 125.95 124.70 0.35 0.28
JUBILANT LIFE 520.00 516.00 -17.40 -3.24
» More on 52 Week Low
02:16 PM
Nifty Bank index is trading 1 per cent higher
01:59 PM
MARKET CHECK
01:50 PM
Symphony Q4 result: Ebitda margin at 12.3% vs 28.3% YoY
01:50 PM
Symphony Q4 results: Ebitda down 42% at Rs 29 cr YoY
01:48 PM
Symphony Q4 results: One-time loss at Rs 20 cr
01:48 PM
Symphony Q4 results: Revenue up 32.8% at Rs 235 cr vs 177 cr (YoY)
01:47 PM
Symphony Q4 results: Net profit down 89.7% at Rs 4 cr vs Rs 39 cr YoY
01:44 PM
Top 3 HFCs struggle as liquidity tightens: should you buy their stocks?
Reserve Bank of India's (RBI) statement that some large non-banking finance companies (NBFCs) may be battling to remain solvent is another blow to the sector amid tight liquidity conditions.
Stocks of Indiabulls Housing, Dewan Housing and PNB Housing, the third, fourth and the fifth largest players, respectively, in the housing finance (HFC) space are under pressure. For Dewan Housing, some adverse developments with respect to its deposit book caused the stock spiral downwards by 13 per cent, while the other two stocks were down about 1-3 per cent during early Wednesday. READ MORE
01:40 PM
NEWS ALERT | Ramco Cements Q4 result
- Net profit at Rs 165.4 crore
- Revenue at Rs 1,532.5 crore
01:38 PM
IndusInd Bank Q4 NIM falls to 15-quarter low
01:37 PM
IndusInd Bank shares fall over 2% post Q4 results
01:34 PM
Underlying growth for the bank remains very strong: Romesh Sobti, MD & CEO, IndusInd Bank
01:32 PM
NEWS ALERT | Romesh Sobti, MD & CEO, IndusInd Bank says-
- Provision to IL&FS at Rs 1,274 crore
- Nearing completion of merger with Bharat Financial Inclusion
- Loan growth at 28.6% y-o-y
- NIM at 3.59% against 3.83% QoQ
01:30 PM
Larsen & Toubro scales new high, up 12% in a week; m-cap touches Rs 2.07 tn
In the past six trading sessions, L&T has outperformed the market by surging 12 per cent, as compared to a 5 per cent rise in the benchmark S&P BSE Sensex. Thus far, however, in the current calendar year, the stock has underperformed with gain of 2 per cent against an 8 per cent rally in the benchmark index. READ MORE
01:25 PM
NEWS ALERT | Cipla board approves to raise Rs 60,000 crore
01:25 PM
Result impact | Cipla gains over 2% after Q4 result beats estimates
01:23 PM
Result impact | IndusInd Bank slips nearly 2%
01:21 PM
NEWS ALERT | Cipla Q4 result
- Consolidated net profit at Rs 367.2 crore
- Cons revenue at Rs 4404 crore
- Ebit at Rs 961 crore
01:19 PM
NEWS ALERT | IndusInd Bank Q4 result
- Provision to exposure to IL&FS increased 70%
- Net NPA at Rs 2248 crore, ratio at 1.21%
- Gross NPA at Rs3,947 crore, ratio at 2.1%
01:17 PM
NEWS ALERT | IndusInd Bank Q4 result
- Net profitt at Rs 360.1 crore
- Net Interest Income at Rs 2,232.4 crore
India VIX, a gauge of voltality on the NSE, touched a 4-year high of 30.18 in intra-day deals.
IndusInd, Sun Pharma, Bajaj Auto, Bharti Airtel, and Coal India were the BSE's top gainers. Out of the 30 constituents, 25 ended in the green. The market breadth remained in favour of buyers. About 969 stocks advanced and 770 shares declined on the NSE.
Only three out of the 11 Nifty sectoral indices ended the day in red, with Nifty Private Bank registering the maximum gain of 0.8 per cent while Nifty Bank rose 0.7 per cent.
In the broader market, the S&P BSE MidCap index dipped 24 points, or 0.2 per cent, to settle at 14,672, while the S&P BSE SmallCap rose 77 points, or 0.5 per cent, to end the day at 14,369.
BUZZING STOCKS
Dewan Housing Finance Corporation (DHFL) plunged as much as 18 per cent to Rs 107 in the early trade on Wednesday on the BSE after the non-banking finance company (NBFC) stopped accepting fresh public deposits and renewals of existing deposits. The stock, however, pared some losses to end the day 12 points, or 9.4 per cent lower, at Rs 117.65. READ MORE
Shares of Jet Airways (India) rallied 5 per cent to Rs 158.55 apiece on the BSE on Wednesday on the back of heavy volumes being traded on the hopes of the airline's revivial. The share has surged 32 per cent so far in this week. READ MORE
Find more buzzing stocks here
CATCH ALL THE LIVE UPDATES
Auto Refresh
03:47 PM
Top gainers on BSE500
COMPANY PRICE(RS) CHG(RS) CHG(%) VOLUME
TIMKEN INDIA 666.45 111.05 19.99 81475
RELIANCE POWER 7.85 0.93 13.44 12256657
NAVA BHARAT VENT 103.10 9.55 10.21 140849
CAPLIN POINT LAB 399.50 34.30 9.39 35387
BHARAT FINANCIAL 957.70 65.00 7.28 107750
» More on Top Gainers
03:46 PM
Market at close
03:46 PM
Heatmap: S&P BSE Sensex
03:34 PM
Market at close
The S&P BSE Sensex ended at 39,110, up 140 points while the broader Nifty50 index settled at 11,738, up 29 points.
03:20 PM
Bank stocks trade mixed
COMPANY NAME LATEST HIGH LOW CHG
(RS) CHG(%)
YES BANK 137.10 141.55 135.45 -3.90 -2.77
IDBI BANK 36.40 36.45 34.65 0.95 2.68
PUNJAB NATL.BANK 84.45 85.80 82.70 -1.70 -1.97
ST BK OF INDIA 340.05 341.00 333.55 2.50 0.74
BANK OF BARODA 126.25 128.25 125.00 0.90 0.72
03:11 PM
Bharti Infratel slips in trade
03:03 PM
Jet Airways soars over 7%
02:58 PM
Fading political uncertainty in India raises hopes of an economic rebound
India's economy showed nascent signs of a recovery in April as a general election got underway, helping to somewhat lift the political uncertainty holding back investments.
Overall activity from eight high-frequency indicators compiled by Bloomberg News suggest the economy picked up slightly last month, with the dot moving one notch to the right. The dashboard is a measure of “animal spirits,” a term coined by British economist John Maynard Keynes to refer to investors’ confidence in taking action. READ MORE
02:46 PM
Reliance Power climbs over 5.5%
02:35 PM
Stocks that hit 52-week low on S&P BSE Sensex
COMPANY PRICE(RS) 52 WK LOW CHG(RS) CHG(%)
AMARA RAJA BATT. 616.25 603.25 -11.85 -1.89
DHANUKA AGRITECH 360.00 355.00 -5.45 -1.49
ERIS LIFESCIENCE 572.20 565.25 -32.65 -5.40
FORTIS HEALTH. 125.95 124.70 0.35 0.28
JUBILANT LIFE 520.00 516.00 -17.40 -3.24
» More on 52 Week Low
02:16 PM
Nifty Bank index is trading 1 per cent higher
01:59 PM
MARKET CHECK
01:50 PM
Symphony Q4 result: Ebitda margin at 12.3% vs 28.3% YoY
01:50 PM
Symphony Q4 results: Ebitda down 42% at Rs 29 cr YoY
01:48 PM
Symphony Q4 results: One-time loss at Rs 20 cr
01:48 PM
Symphony Q4 results: Revenue up 32.8% at Rs 235 cr vs 177 cr (YoY)
01:47 PM
Symphony Q4 results: Net profit down 89.7% at Rs 4 cr vs Rs 39 cr YoY
01:44 PM
Top 3 HFCs struggle as liquidity tightens: should you buy their stocks?
Reserve Bank of India's (RBI) statement that some large non-banking finance companies (NBFCs) may be battling to remain solvent is another blow to the sector amid tight liquidity conditions.
Stocks of Indiabulls Housing, Dewan Housing and PNB Housing, the third, fourth and the fifth largest players, respectively, in the housing finance (HFC) space are under pressure. For Dewan Housing, some adverse developments with respect to its deposit book caused the stock spiral downwards by 13 per cent, while the other two stocks were down about 1-3 per cent during early Wednesday. READ MORE
01:40 PM
NEWS ALERT | Ramco Cements Q4 result
- Net profit at Rs 165.4 crore
- Revenue at Rs 1,532.5 crore
01:38 PM
IndusInd Bank Q4 NIM falls to 15-quarter low
01:37 PM
IndusInd Bank shares fall over 2% post Q4 results
01:34 PM
Underlying growth for the bank remains very strong: Romesh Sobti, MD & CEO, IndusInd Bank
01:32 PM
NEWS ALERT | Romesh Sobti, MD & CEO, IndusInd Bank says-
- Provision to IL&FS at Rs 1,274 crore
- Nearing completion of merger with Bharat Financial Inclusion
- Loan growth at 28.6% y-o-y
- NIM at 3.59% against 3.83% QoQ
01:30 PM
Larsen & Toubro scales new high, up 12% in a week; m-cap touches Rs 2.07 tn
In the past six trading sessions, L&T has outperformed the market by surging 12 per cent, as compared to a 5 per cent rise in the benchmark S&P BSE Sensex. Thus far, however, in the current calendar year, the stock has underperformed with gain of 2 per cent against an 8 per cent rally in the benchmark index. READ MORE
01:25 PM
NEWS ALERT | Cipla board approves to raise Rs 60,000 crore
01:25 PM
Result impact | Cipla gains over 2% after Q4 result beats estimates
01:23 PM
Result impact | IndusInd Bank slips nearly 2%
01:21 PM
NEWS ALERT | Cipla Q4 result
- Consolidated net profit at Rs 367.2 crore
- Cons revenue at Rs 4404 crore
- Ebit at Rs 961 crore
01:19 PM
NEWS ALERT | IndusInd Bank Q4 result
- Provision to exposure to IL&FS increased 70%
- Net NPA at Rs 2248 crore, ratio at 1.21%
- Gross NPA at Rs3,947 crore, ratio at 2.1%
01:17 PM
NEWS ALERT | IndusInd Bank Q4 result
- Net profitt at Rs 360.1 crore
- Net Interest Income at Rs 2,232.4 crore
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