Benchmark indices ended on a strong note on Tuesday after hitting fresh record highs in the intra-day trade on Tuesday. The S&P BSE Sensex hit a new lifetime high of 39,364.34 in the trade while the broader Nifty50 index of the National Stock Exchange (NSE) surpassed 11,800 level to hit a record of 11,810.95.
At close, the 30-share index Sensex of BSE ended at 39,276, up 370 points or 0.95 per cent while Nifty closed at 11,787, up 97 points or 0.83 per cent.
In the broader market, the S&P BSE MidCap index ended 19 points or 0.12 per cent higher at 15,521, while the S&P BSE SmallCap index closed at 15,172, up 57 points, or 0.37 per cent.
Among sectoral indices, private bank stocks gained the most, followed by financial services and auto stocks.
BUZZING STOCKS
Jet Airways ended around 8 per cent lower at Rs 241.50 apiece on the NSE after reports suggested the airline may shut down its opeartions temporarily.
Tata Consultancy Services (TCS) hit a six-month high, extending its Monday’s 5 per cent rally on the BSE, after the company reported better than expected 2.4 per cent growth in constant currency (CC) revenue in the March 2018 quarter of financial year 2018 - 19 (Q4FY19). The stock settled at Rs 2,132 apiece on BSE, up over 1 per cent.
Polycab India shares made a strong stock market debut by listing at Rs 633, an 18 per cent hike against its issue price of Rs 538 per share on the BSE. The stock ended at Rs 655.00, up 3.48 per cent.
GLOBAL CUES
Asian stocks ticked up on Tuesday, staying near a nine-month high as hopes of stabilization in the Chinese economy helped investors shrug off Wall Street’s underperformance that followed disappointing bank earnings.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3 per cent, led by gains in China and India. Mainland Chinese shares rose 1.7 per cent, partly on brisk home prices data while Japan’s Nikkei edged up 0.2 per cent.
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04:08 PM
NEWS ALERT | Competition Commission approves merger of Gruh Finance with Bandhan Bank
03:45 PM
Sectoral gainers and losers on NSE
03:45 PM
Top gainers and losers on S&P BSE Sensex
03:41 PM
MARKET AT CLOSE
The S&P BSE Sensex gained 370 points or 0.95 per cent to end at 39,276, while the broader Nifty50 index of the National Stock Exchange (NSE) added 97 points or 0.83 per cent to end at 11,787.
02:46 PM
NEWS ALERT | Mastek announces final dividend of Rs 5/share
02:45 PM
Cement stocks trade higher
COMPANY LATEST(RS) CHG(RS) CHG(%) VOLUME
INDIA CEMENTS 113.20 1.40 1.25 282366
AMBUJA CEM. 231.10 3.00 1.32 63145
PRISM JOHNSON 101.00 2.80 2.85 59553
ACC 1698.15 23.45 1.40 41125
HEIDELBERG CEM. 179.00 -1.85 -1.02 21869
02:42 PM
Nifty Realty, the only index to be in red, down by over 1%
02:35 PM
NEWS ALERT | Lupin receives USFDA approval for Fluoxetine Tablets USP
02:29 PM
NEWS ALERT | Lenders not looking at taking Jet Airways to NCLT, reports CNBC TV18 quoting Govt official
02:23 PM
Stocks that hit 52-week high on BSE500
COMPANY PRICE(RS) 52 WK HIGH CHG(RS) CHG(%)
ASTRAZENECA PHAR 2290.15 2349.90 26.50 1.17
BAJAJ FINSERV 7592.20 7611.00 82.85 1.10
BATA INDIA 1433.70 1439.20 20.45 1.45
DR LAL PATHLABS 1063.50 1150.00 5.25 0.50
GILLETTE INDIA 7825.00 7906.00 49.45 0.64
» More on 52 Week High
02:14 PM
Mindtree Q4 preview: Commentary on L&T's takeover bid, growth guidance key
Mindtree, the midcap IT company, is slated to unveil its March quarter results of the financial year 2018-19 (4QFY19) on Wednesday. The firm is expected to deliver steady revenue growth; however, EBIT margin may see some pressure due to an increase in investments in digital talents. Management commentary on the ongoing tussle between Larsen & Toubro and Mindtree’s promoters will be be closely tracked. READ MORE
Company should follow A M Naik’s footsteps to thwart L&T’s takeover bid Photo: Saggere Radhakrishna
02:03 PM
NEWS ALERT | Nifty hits 11,800 for the first time
01:58 PM
Nifty Private Bank index is trading over 1.5% higher
01:48 PM
Attractive valuations, improving retail realty demand to prop PNB Housing
The stock of PNB Housing Finance fell by about 7 per cent in the last one month while its peers were up were up 2-4 per cent during that period. The former now trades at 1.6 times its FY20 estimated book value, a 58 per cent discount to its three-year average. Stake sale by the parent Punjab National Bank, when the entire sector has been reeling under liquidity issues, has also hurt investor sentiment. READ MORE
01:37 PM
Heatmap: S&P BSE Sensex
01:28 PM
NEWS ALERT | Final call on temporary shut down of operations by Jet Airways could be taken in the evening
01:27 PM
NEWS ALERT | Jet Airways' CEO, Vinay Dube, authorised to talk to lenders for funding, reports CNBC TV18
01:25 PM
Jet Airways nosedives over 18% on reports it may temporarily shut down ops
Jet Airways stock plunged as much as 18.56 per cent to Rs 213.20 in the afternoon trade on Tuesday after reports suggested the airline may shut down its operations temporarily. Reports also suggested that founder Naresh Goyal has withdrawn from the bidding process. READ MORE
Jet Airways
01:16 PM
Aviation stocks in focus | SpiceJet, IndiGo near 52-week high after reports suggested Jet Airways might temporarily shut operations
SpiceJet shares surged up to 8 per cent while InterGlobe Aviation, parent of IndiGo, also gained on the expectation of higher yield due to the capacity reduction of Jet Airways.
India’s first private airline Jet Airways is headed towards a total grounding as management, during its board meeting on Tuesday, said that the airline would no longer be able to operate due to paucity of funds. READ MORE
01:15 PM
Nifty Bank index is trading over 1.3% higher
01:04 PM
NEWS ALERT | Naresh Goyal exits from Jet Airways' race as Etihad Airways, TPG threaten to walk out, reports ET Now
12:58 PM
NEWS ALERT | Jet Airways' stock tanks 12% on reports on temporary suspension of operation
12:55 PM
NEWS ALERT | Jet Airways likely to shut operations temporarily, reports CNBC TV-18 quoting sources
12:52 PM
NEWS ALERT | PNB MD says lenders committed to Jet revival; SBI, SBICAP working on revival package
12:48 PM
NEWS ALERT | Jet Airways board meet concludes: CNBC TV-18 reports
12:31 PM
ALERT :: Market holiday
Stock market will remain closed tomorrow, April 17, on account of Mahavir Jayanti
12:22 PM
ICICI Bank rises over 3% after Goldman Sachs hikes target price on stock
ICICI Bank shares rose over 3 per cent in intra-day trade on the BSE, marking their biggest intraday per cent gain since March 12, after global financial firm Goldman Sachs hiked the target price on the stock. Goldman Sachs raised the price target on the stock to Rs 492 from Rs 451 and maintained 'buy' rating, saying that ICICI Bank's strong deposit franchise, lower cost of funds put the company at an advantage, a media report said. READ MORE
ICICI Bank
12:13 PM
Market check
11:54 AM
SpiceJet, Indigo near 52-week highs as Jet Airways stares at shutdown
SpiceJet shares surged up to 8 per cent while InterGlobe Aviation, parent of IndiGo, also gained on the expectation of higher yield due to the capacity reduction of Jet Airways. India’s first private airline Jet Airways is headed towards a total grounding and a decision could be taken as early as Tuesday after a meeting of its board of directors, Business Standard reported. READ MORE
SpiceJet
11:51 AM
NEWS ALERT | Fortis Malar promoter releases entire pledge on 62.71% stake
At close, the 30-share index Sensex of BSE ended at 39,276, up 370 points or 0.95 per cent while Nifty closed at 11,787, up 97 points or 0.83 per cent.
In the broader market, the S&P BSE MidCap index ended 19 points or 0.12 per cent higher at 15,521, while the S&P BSE SmallCap index closed at 15,172, up 57 points, or 0.37 per cent.
Among sectoral indices, private bank stocks gained the most, followed by financial services and auto stocks.
BUZZING STOCKS
Jet Airways ended around 8 per cent lower at Rs 241.50 apiece on the NSE after reports suggested the airline may shut down its opeartions temporarily.
Tata Consultancy Services (TCS) hit a six-month high, extending its Monday’s 5 per cent rally on the BSE, after the company reported better than expected 2.4 per cent growth in constant currency (CC) revenue in the March 2018 quarter of financial year 2018 - 19 (Q4FY19). The stock settled at Rs 2,132 apiece on BSE, up over 1 per cent.
Polycab India shares made a strong stock market debut by listing at Rs 633, an 18 per cent hike against its issue price of Rs 538 per share on the BSE. The stock ended at Rs 655.00, up 3.48 per cent.
GLOBAL CUES
Asian stocks ticked up on Tuesday, staying near a nine-month high as hopes of stabilization in the Chinese economy helped investors shrug off Wall Street’s underperformance that followed disappointing bank earnings.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3 per cent, led by gains in China and India. Mainland Chinese shares rose 1.7 per cent, partly on brisk home prices data while Japan’s Nikkei edged up 0.2 per cent.
CATCH ALL THE LIVE UPDATES
Auto Refresh
04:08 PM
NEWS ALERT | Competition Commission approves merger of Gruh Finance with Bandhan Bank
03:45 PM
Sectoral gainers and losers on NSE
03:45 PM
Top gainers and losers on S&P BSE Sensex
03:41 PM
MARKET AT CLOSE
The S&P BSE Sensex gained 370 points or 0.95 per cent to end at 39,276, while the broader Nifty50 index of the National Stock Exchange (NSE) added 97 points or 0.83 per cent to end at 11,787.
02:46 PM
NEWS ALERT | Mastek announces final dividend of Rs 5/share
02:45 PM
Cement stocks trade higher
COMPANY LATEST(RS) CHG(RS) CHG(%) VOLUME
INDIA CEMENTS 113.20 1.40 1.25 282366
AMBUJA CEM. 231.10 3.00 1.32 63145
PRISM JOHNSON 101.00 2.80 2.85 59553
ACC 1698.15 23.45 1.40 41125
HEIDELBERG CEM. 179.00 -1.85 -1.02 21869
02:42 PM
Nifty Realty, the only index to be in red, down by over 1%
02:35 PM
NEWS ALERT | Lupin receives USFDA approval for Fluoxetine Tablets USP
02:29 PM
NEWS ALERT | Lenders not looking at taking Jet Airways to NCLT, reports CNBC TV18 quoting Govt official
02:23 PM
Stocks that hit 52-week high on BSE500
COMPANY PRICE(RS) 52 WK HIGH CHG(RS) CHG(%)
ASTRAZENECA PHAR 2290.15 2349.90 26.50 1.17
BAJAJ FINSERV 7592.20 7611.00 82.85 1.10
BATA INDIA 1433.70 1439.20 20.45 1.45
DR LAL PATHLABS 1063.50 1150.00 5.25 0.50
GILLETTE INDIA 7825.00 7906.00 49.45 0.64
» More on 52 Week High
02:14 PM
Mindtree Q4 preview: Commentary on L&T's takeover bid, growth guidance key
Mindtree, the midcap IT company, is slated to unveil its March quarter results of the financial year 2018-19 (4QFY19) on Wednesday. The firm is expected to deliver steady revenue growth; however, EBIT margin may see some pressure due to an increase in investments in digital talents. Management commentary on the ongoing tussle between Larsen & Toubro and Mindtree’s promoters will be be closely tracked. READ MORE
Company should follow A M Naik’s footsteps to thwart L&T’s takeover bid Photo: Saggere Radhakrishna
02:03 PM
NEWS ALERT | Nifty hits 11,800 for the first time
01:58 PM
Nifty Private Bank index is trading over 1.5% higher
01:48 PM
Attractive valuations, improving retail realty demand to prop PNB Housing
The stock of PNB Housing Finance fell by about 7 per cent in the last one month while its peers were up were up 2-4 per cent during that period. The former now trades at 1.6 times its FY20 estimated book value, a 58 per cent discount to its three-year average. Stake sale by the parent Punjab National Bank, when the entire sector has been reeling under liquidity issues, has also hurt investor sentiment. READ MORE
01:37 PM
Heatmap: S&P BSE Sensex
01:28 PM
NEWS ALERT | Final call on temporary shut down of operations by Jet Airways could be taken in the evening
01:27 PM
NEWS ALERT | Jet Airways' CEO, Vinay Dube, authorised to talk to lenders for funding, reports CNBC TV18
01:25 PM
Jet Airways nosedives over 18% on reports it may temporarily shut down ops
Jet Airways stock plunged as much as 18.56 per cent to Rs 213.20 in the afternoon trade on Tuesday after reports suggested the airline may shut down its operations temporarily. Reports also suggested that founder Naresh Goyal has withdrawn from the bidding process. READ MORE
Jet Airways
01:16 PM
Aviation stocks in focus | SpiceJet, IndiGo near 52-week high after reports suggested Jet Airways might temporarily shut operations
SpiceJet shares surged up to 8 per cent while InterGlobe Aviation, parent of IndiGo, also gained on the expectation of higher yield due to the capacity reduction of Jet Airways.
India’s first private airline Jet Airways is headed towards a total grounding as management, during its board meeting on Tuesday, said that the airline would no longer be able to operate due to paucity of funds. READ MORE
01:15 PM
Nifty Bank index is trading over 1.3% higher
01:04 PM
NEWS ALERT | Naresh Goyal exits from Jet Airways' race as Etihad Airways, TPG threaten to walk out, reports ET Now
12:58 PM
NEWS ALERT | Jet Airways' stock tanks 12% on reports on temporary suspension of operation
12:55 PM
NEWS ALERT | Jet Airways likely to shut operations temporarily, reports CNBC TV-18 quoting sources
12:52 PM
NEWS ALERT | PNB MD says lenders committed to Jet revival; SBI, SBICAP working on revival package
12:48 PM
NEWS ALERT | Jet Airways board meet concludes: CNBC TV-18 reports
12:31 PM
ALERT :: Market holiday
Stock market will remain closed tomorrow, April 17, on account of Mahavir Jayanti
12:22 PM
ICICI Bank rises over 3% after Goldman Sachs hikes target price on stock
ICICI Bank shares rose over 3 per cent in intra-day trade on the BSE, marking their biggest intraday per cent gain since March 12, after global financial firm Goldman Sachs hiked the target price on the stock. Goldman Sachs raised the price target on the stock to Rs 492 from Rs 451 and maintained 'buy' rating, saying that ICICI Bank's strong deposit franchise, lower cost of funds put the company at an advantage, a media report said. READ MORE
ICICI Bank
12:13 PM
Market check
11:54 AM
SpiceJet, Indigo near 52-week highs as Jet Airways stares at shutdown
SpiceJet shares surged up to 8 per cent while InterGlobe Aviation, parent of IndiGo, also gained on the expectation of higher yield due to the capacity reduction of Jet Airways. India’s first private airline Jet Airways is headed towards a total grounding and a decision could be taken as early as Tuesday after a meeting of its board of directors, Business Standard reported. READ MORE
SpiceJet
11:51 AM
NEWS ALERT | Fortis Malar promoter releases entire pledge on 62.71% stake
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