Domestic indices ended Friday's lackluster trade with marginal gains. The benchmark S&P BSE Sensex and broader Nifty50 traded range-bound for better part of the day tracking corporate earnings and weakness in global markets.
The Sensex ended 52 points, or 0.14 per cent, higher at 37,883 levels pulled up by automobile manufacturers, banking and financial stocks. YES Bank, Bajaj Finance, Hero Moto Corp, and M&M ended the day as top gainers while Vedanta, HDFC, Bharti Airtel, and Reliance were the top laggards at the close. On the other hand, Nifty50 settled at 11,284 mark, up 32 points, or 0.29 levels.
In the broader market, S&P BSE MidCap ended 73 points, or 0.53 per cent, higher at 13,856 levels while the S&P BSE SmallCap closed 29 points, or 0.22 per cent, higher at 13,060 levels.
Sectorally, all the indices ended in the green barring Nifty IT index. Nifty Auto index was the top performing index, closing with gains of over 2 per cent. Nifty Bank, including private bank and public sector bank indices, and Nifty Pharma ended with gains of a per cent each. Nifty IT index closed with a cut of 0.82 per cent.
GLOBAL CUES
Asian share prices dropped on Friday following mixed US earnings reports and after the European Central Bank disappointed those investors who had expected an immediate easing.
Japan's Nikkei index closed 0.45 per cent lower while South Korea's Kospi slipped 0.40 per cent at close. China's Shanghai Composite, however, ended 0.24 per cent higher.
(With inputs from Reuters)
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03:50 PM
Sectoral gainers and losers on the NSE
03:50 PM
Gainers and losers on the S&P BSE Sensex
03:36 PM
CLOSING BELL
The S&P BSE Sensex gained 52 points or 0.14 per cent to settle at 37,883 while the NSE's Nifty50 index ended at 11,284 levels, up 32 points or 0.29 per cent.
03:29 PM
IDFC First Bank gains 14% in two days post June quarter results
Shares of IDFC First Bank gained 10 per cent to Rs 43 apiece on Friday, gaining 14 per cent in the past two trading days on the BSE, despite a net loss of Rs 617 crore in June quarter (Q1FY20). The loss was due to higher provisioning for stressed assets, financial data of the bank showed. The private lender had posted a net profit of Rs 181 crore in the year-ago quarter. READ MORE
03:09 PM
Earnings Alert | Force Motors Q1 result
-- Net Profit at Rs 26.1 crore, down 36.2% YoY
-- Revenue at Rs 802.4 crore, down 9.7% YoY
-- EBITDA at Rs 70.10 crore down 11.3% YoY
--EBITDA Margin at 8.74%
03:05 PM
Earnings Alert | Jubilant Life Sciences Q1 result
-- Cons net profit down 8.6% at Rs 185 cr Vs Rs 202.5 cr (YoY)
-- Cons revenue up 5% at Rs 2,182 cr Vs Rs 2,079 cr (YoY)
02:56 PM
NEWS ALERT | Andhra High Court order stays state government order on renegotiation of PPAs with power developers: CNBC TV18
02:40 PM
Maruti Suzuki Q1 profit declines 27.3% to Rs 1,435 crore, revenue slips 14%
Maruti Suzuki reported standalone net profit of Rs 1,435 crore for June quarter, down 27.3 per cent from the year-ago's Rs 1,975.3 crore profit. Revenue from operation came in at Rs 18,735.2 crore, down 14.1 per cent on a YoY basis. The company posted Ebitda of Rs 2048 crore, down 38.5 per cent from Q1FY19's Rs 3,330 crore. Margin were down 440 bps at 10.4 per cent as compared to 14.8 per cent YoY. READ MORE
Maruti Suzuki India
02:36 PM
S&P BSE Auto index rises nearly 2%; Eicher Motors up over 5%
02:32 PM
MARKET CHECK | Midcaps outperform benchmarks
02:23 PM
NEWS ALERT | Bank consolidation to depend on opportunities available: Sunil Mehta
-- BHushan Steel is at advanced stage of resolution
-- Not looking at distress sale of non-core assets
02:21 PM
NEWS ALERT | Expect to bring down gross NPA level below 12% by the end of the year: Sunil Mehta, chairman, PNB
-- FY19-20 will be year of profitability of the bank, he said
02:19 PM
NEWS ALERT | Thirumalai Chemicals to set up food ingredients manufacturing facility in the US with 30,000 t/year capacity: CNBC TV18
02:18 PM
NEWS ALERT | GST Council likely to take up rate cut on Electric Vehicle chargers from 18% To 12%: BTVI quoting sources
-- This item is part of additional items to be taken up in Council meet on July 27
Alert: Rate cut on EVs from 12% to 5% already on agenda
02:11 PM
Buzzing | Bajaj Electricals slips over 6%
01:59 PM
NEWS ALERT | PNB reports fresh slippages of Rs 4,711 cr Vs Rs 6,710 cr (QoQ)
-- recovery at Rs 3,800 cr
01:57 PM
Indian Oil Corp trades lower
01:45 PM
Result impact | Maruti Suzuki off highs
01:41 PM
Earnings Alert | Maruti Suzuki Q1 result
-- Net profit at Rs 1,435.5 crore
-- Revenue at Rs 19,720 crore
-- EBITDA Margin at 10.4%
-- EBITDA at Rs 2,048 crore
01:37 PM
Jubilant Foodworks trades nearly 3% higher
01:27 PM
RESULT IMPACT: PNB slips from day's high
01:23 PM
Earnings Alert | PNB Q1 result
-- Net Profit at Rs 1,018.6 crore
-- Provisions at Rs 2,023 crore vs Rs 10,071 cr; vs Rs 5578 cr YoY
-- NII at Rs 4,141.4 crore
-- Net NPA at 7.17%
-- Gross NPA at 16.49%
-- Loan growth down 8% QoQ and up 1.55% YoY
01:10 PM
NEWS ALERT | US FDA issues four observations to Indoco Remedies' Goal Plant II & III
-- FDA issues establishment inspection report
-- Inspection held between May 27- June 4
01:03 PM
Varun Beverages surges 11% in 2 days after stock turn ex-date for 1:2 bonus
Shares of Varun Beverages (VBL) hit an all-time high of Rs 667 apiece, up 8 per cent intra-day, on the BSE on Friday. The stock has surged 11 per cent in the past two trading days on the exchange after it turned ex-date for bonus issue in the ratio of 1:2 on Thursday. In comparison, the S&P BSE Sensex was up 0.20 per cent in past two days.
The stock of the beverages manufacturer surpassed its previous high of Rs 650 (adjusted to bonus) hit on July 9, in the intra-day trade. READ MORE
12:58 PM
Market check
12:55 PM
Piramal Enterprises trades 4% higher
12:45 PM
NEWS ALERT | YES Bank acquires 18.55% stake in Cox & Kings: CNBC TV18
-- Also, 30% stake in Ezeego One Travel & Tours Ltd on pledge invocation
12:27 PM
Earnings Alert | Bajaj Auto Q1 result
-- Net profit at Rs 1,125.7 crore
-- Revenue at Rs 7,756 crore
-- EBITDA at Rs 1,198.2 crore
-- EBITDA Margin at 15.45%
12:22 PM
Punjab National Bank trades 5% higher ahead of Q1 Results; top gainer on Nifty PSU Bank index
12:14 PM
NEWS ALERT | Shriram Transport buys back NCDs of Rs 210.7 cr on private placement basis, as per a BSE filing
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The Sensex ended 52 points, or 0.14 per cent, higher at 37,883 levels pulled up by automobile manufacturers, banking and financial stocks. YES Bank, Bajaj Finance, Hero Moto Corp, and M&M ended the day as top gainers while Vedanta, HDFC, Bharti Airtel, and Reliance were the top laggards at the close. On the other hand, Nifty50 settled at 11,284 mark, up 32 points, or 0.29 levels.
In the broader market, S&P BSE MidCap ended 73 points, or 0.53 per cent, higher at 13,856 levels while the S&P BSE SmallCap closed 29 points, or 0.22 per cent, higher at 13,060 levels.
Sectorally, all the indices ended in the green barring Nifty IT index. Nifty Auto index was the top performing index, closing with gains of over 2 per cent. Nifty Bank, including private bank and public sector bank indices, and Nifty Pharma ended with gains of a per cent each. Nifty IT index closed with a cut of 0.82 per cent.
GLOBAL CUES
Asian share prices dropped on Friday following mixed US earnings reports and after the European Central Bank disappointed those investors who had expected an immediate easing.
Japan's Nikkei index closed 0.45 per cent lower while South Korea's Kospi slipped 0.40 per cent at close. China's Shanghai Composite, however, ended 0.24 per cent higher.
(With inputs from Reuters)
CATCH ALL THE LIVE UPDATES
Auto Refresh
03:50 PM
Sectoral gainers and losers on the NSE
03:50 PM
Gainers and losers on the S&P BSE Sensex
03:36 PM
CLOSING BELL
The S&P BSE Sensex gained 52 points or 0.14 per cent to settle at 37,883 while the NSE's Nifty50 index ended at 11,284 levels, up 32 points or 0.29 per cent.
03:29 PM
IDFC First Bank gains 14% in two days post June quarter results
Shares of IDFC First Bank gained 10 per cent to Rs 43 apiece on Friday, gaining 14 per cent in the past two trading days on the BSE, despite a net loss of Rs 617 crore in June quarter (Q1FY20). The loss was due to higher provisioning for stressed assets, financial data of the bank showed. The private lender had posted a net profit of Rs 181 crore in the year-ago quarter. READ MORE
03:09 PM
Earnings Alert | Force Motors Q1 result
-- Net Profit at Rs 26.1 crore, down 36.2% YoY
-- Revenue at Rs 802.4 crore, down 9.7% YoY
-- EBITDA at Rs 70.10 crore down 11.3% YoY
--EBITDA Margin at 8.74%
03:05 PM
Earnings Alert | Jubilant Life Sciences Q1 result
-- Cons net profit down 8.6% at Rs 185 cr Vs Rs 202.5 cr (YoY)
-- Cons revenue up 5% at Rs 2,182 cr Vs Rs 2,079 cr (YoY)
02:56 PM
NEWS ALERT | Andhra High Court order stays state government order on renegotiation of PPAs with power developers: CNBC TV18
02:40 PM
Maruti Suzuki Q1 profit declines 27.3% to Rs 1,435 crore, revenue slips 14%
Maruti Suzuki reported standalone net profit of Rs 1,435 crore for June quarter, down 27.3 per cent from the year-ago's Rs 1,975.3 crore profit. Revenue from operation came in at Rs 18,735.2 crore, down 14.1 per cent on a YoY basis. The company posted Ebitda of Rs 2048 crore, down 38.5 per cent from Q1FY19's Rs 3,330 crore. Margin were down 440 bps at 10.4 per cent as compared to 14.8 per cent YoY. READ MORE
Maruti Suzuki India
02:36 PM
S&P BSE Auto index rises nearly 2%; Eicher Motors up over 5%
02:32 PM
MARKET CHECK | Midcaps outperform benchmarks
02:23 PM
NEWS ALERT | Bank consolidation to depend on opportunities available: Sunil Mehta
-- BHushan Steel is at advanced stage of resolution
-- Not looking at distress sale of non-core assets
02:21 PM
NEWS ALERT | Expect to bring down gross NPA level below 12% by the end of the year: Sunil Mehta, chairman, PNB
-- FY19-20 will be year of profitability of the bank, he said
02:19 PM
NEWS ALERT | Thirumalai Chemicals to set up food ingredients manufacturing facility in the US with 30,000 t/year capacity: CNBC TV18
02:18 PM
NEWS ALERT | GST Council likely to take up rate cut on Electric Vehicle chargers from 18% To 12%: BTVI quoting sources
-- This item is part of additional items to be taken up in Council meet on July 27
Alert: Rate cut on EVs from 12% to 5% already on agenda
02:11 PM
Buzzing | Bajaj Electricals slips over 6%
01:59 PM
NEWS ALERT | PNB reports fresh slippages of Rs 4,711 cr Vs Rs 6,710 cr (QoQ)
-- recovery at Rs 3,800 cr
01:57 PM
Indian Oil Corp trades lower
01:45 PM
Result impact | Maruti Suzuki off highs
01:41 PM
Earnings Alert | Maruti Suzuki Q1 result
-- Net profit at Rs 1,435.5 crore
-- Revenue at Rs 19,720 crore
-- EBITDA Margin at 10.4%
-- EBITDA at Rs 2,048 crore
01:37 PM
Jubilant Foodworks trades nearly 3% higher
01:27 PM
RESULT IMPACT: PNB slips from day's high
01:23 PM
Earnings Alert | PNB Q1 result
-- Net Profit at Rs 1,018.6 crore
-- Provisions at Rs 2,023 crore vs Rs 10,071 cr; vs Rs 5578 cr YoY
-- NII at Rs 4,141.4 crore
-- Net NPA at 7.17%
-- Gross NPA at 16.49%
-- Loan growth down 8% QoQ and up 1.55% YoY
01:10 PM
NEWS ALERT | US FDA issues four observations to Indoco Remedies' Goal Plant II & III
-- FDA issues establishment inspection report
-- Inspection held between May 27- June 4
01:03 PM
Varun Beverages surges 11% in 2 days after stock turn ex-date for 1:2 bonus
Shares of Varun Beverages (VBL) hit an all-time high of Rs 667 apiece, up 8 per cent intra-day, on the BSE on Friday. The stock has surged 11 per cent in the past two trading days on the exchange after it turned ex-date for bonus issue in the ratio of 1:2 on Thursday. In comparison, the S&P BSE Sensex was up 0.20 per cent in past two days.
The stock of the beverages manufacturer surpassed its previous high of Rs 650 (adjusted to bonus) hit on July 9, in the intra-day trade. READ MORE
12:58 PM
Market check
12:55 PM
Piramal Enterprises trades 4% higher
12:45 PM
NEWS ALERT | YES Bank acquires 18.55% stake in Cox & Kings: CNBC TV18
-- Also, 30% stake in Ezeego One Travel & Tours Ltd on pledge invocation
12:27 PM
Earnings Alert | Bajaj Auto Q1 result
-- Net profit at Rs 1,125.7 crore
-- Revenue at Rs 7,756 crore
-- EBITDA at Rs 1,198.2 crore
-- EBITDA Margin at 15.45%
12:22 PM
Punjab National Bank trades 5% higher ahead of Q1 Results; top gainer on Nifty PSU Bank index
12:14 PM
NEWS ALERT | Shriram Transport buys back NCDs of Rs 210.7 cr on private placement basis, as per a BSE filing
Read our full coverage on Markets
READ MORE ONMARKETSMARKET WRAPNEWS
LATEST NEWS
IN THIS SECTION
ALL
Jaypee infratech
Jaypee Infra Q1 net loss widens to Rs 448 cr; income rises to Rs 669.56 cr
Vedanta
Vedanta's alumina production cost falls 17% in Q1, lowest in two years
Havells India
Havells Q1 profit falls 16% to Rs 177.09 cr; total income at Rs 2,756 cr
ICICI, Videocon
ICICI Bank posts standalone net profit of Rs 1,908 crore for June quarter
ACMA president A Venkataramani
Govt intervention needed to save auto component sector jobs: ACMA president
More >
MOST POPULAR
READ
SHARE
COMMENTED
Tata motors, tigor, car
Finance Minister Nirmala
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