Benchmark indices ended Friday's volatile session in the red, thus recording fall for the eighth straight day and third consecutive week, as investors remained cautious ahead of the US-China trade negotiation outcome.
The benchmark S&P BSE Sensex ended the day 96 points, or 0.26 per cent, lower at 37,463, with Tata Consultancy Services (TCS), HCL Tech, Tata Steel, IndusInd Bank and Infosys contributing the most to the indice's fall. Twenty-one of the 30 constituents of BSE ended the session with losses.
The broader index Nifty50 gave up the crucial 11,300 mark and slipped 23 points, or 0.20 per cent, at 11,279. About 1,187 shares advanced, 1,270 shares declined, and 162 shares were unchanged.
On a weekly basis, Sensex and Nifty post biggest weekly loss since October 2018, falling over 3 per cent each.
Among sectoral indices, both Nifty IT and Nifty Metal dipped more than 1 per cent. However, Nifty PSU Bank gained 2.5 per cent, the highest among the gainers.
The broader indices fared better than their benchmark peers with the S&P BSE MidCap index ending 34 points, or 0.24 per cent, higher at 14,390, while the S&P BSE SmallCap index was ruling at 14,106, up 29 points or 0.21 per cent.
BUZZING STOCKS
HCL Technologies slipped over 4 per cent to Rs 1,08.05 on the BSE after the company announced a 100 basis point (bps) cut in the estimated operating margin (OM) for FY20 as against FY19. READ MORE
State Bank of India (SBI) shares rose nearly 3 per cent to Rs 308.05, bouncing back from day's low of Rs 292 in intra-day trade on the BSE, after the bank reported improvement in assets quality in last quarter of financial year 2018-19 (Q4FY19). READ MORE
GLOBAL MARKETS
Global stocks made gains on Friday as investors held out hopes for a trade deal between the United States and China, even as another round of US tariffs on Chinese goods took effect.
European stock markets bounced off six-week lows, with Germany’s trade-sensitive DAX index leading the charge with a 1 per cent rise.
MSCI’s broadest index of Asia-Pacific shares outside Japan, which dropped more than 1 per cent early Friday, remained where they were when tariff increase kicked in, up 0.3 per cent. Japan’s Nikkei was off 0.3 per cent.
(With inputs from Reuters)
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03:39 PM
Sectoral trend on NSE
03:38 PM
Gainers and losers of the day on S&P BSE Sensex
03:37 PM
Market at close | NSE Nifty sheds 23 points to close at 11,278.90
03:37 PM
Market at close | BSE Sensex closes 96 points lower at 37,462.99
03:18 PM
SBI rebounds 6% from day's low on improved asset quality in March quarter
State Bank of India (SBI) shares rose 4 per cent to Rs 311, bouncing back 6 per cent from day's low of Rs 292 in intra-day trade on the BSE, after the bank reported improvement in assets quality in last quarter of financial year 2018-19 (Q4FY19). The bank’s gross non-performing assets (NPAs) ratio declined to 7.53 per cent against 8.71 per cent in the previous quarter and 10.91 per cent in the corresponding quarter of the previous fiscal. Net NPAs during the period came in at 3.01 per cent against 3.95 per cent in the previous quarter and 5.73 per cent in the year-ago quarter. READ MORE
03:07 PM
Nifty PSU Bank index rises 2.7%
02:50 PM
Canara Bank rises 2.5% after Q4 results
02:46 PM
Canara Bank Q4 results: Provisions at Rs 5,524 cr
02:46 PM
Canara Bank Q4 results: Net NPA at Rs 22,955 cr
02:45 PM
Canara Bank Q4 results: Gross NPA at Rs 39,224 cr
02:45 PM
Canara Bank Q4 results: NII at Rs 3,500 cr
02:45 PM
Canara Bank Q4 results: Net loss at Rs 551.5 cr
02:44 PM
Canara Bank Q4 results: Net NPA at 5.37% v 6.37 QoQ
02:44 PM
Canara Bank Q4 results: Gross NPA at 8.83% vs 10.25% QoQ
02:41 PM
Have made 100% provision on Essar Steel, Alok Ind and Bhushan Power: SBI chairman Rajnish Kumar
02:38 PM
Improvement in asset quality is now very visible: SBI chairman Rajnish Kumar
02:34 PM
Heatmap: S&P BSE Sensex
02:32 PM
Stocks active by volume
COMPANY PRICE(RS) CHG(RS) CHG(%) VOLUME
VODAFONE IDEA 14.05 -0.30 -2.09 5924744
RELIANCE POWER 6.11 -0.04 -0.65 4442003
YES BANK 165.30 -5.00 -2.94 3419732
SOUTH IND.BANK 14.00 -1.30 -8.50 2788367
PC JEWELLER 126.30 7.20 6.05 2552207
» More on Most Active Volume
02:31 PM
Sectoral trends on NSE
02:30 PM
Top gainers and losers on S&P BSE Sensex
02:30 PM
Market check
02:30 PM
Market check
02:25 PM
Tata Steel records sharpest intra-day fall since November 2016; slips 8%
Tata Steel slipped 8 per cent to Rs 480 on the BSE in intra-day deal on report that the company's joint venture (JV) with Thyssenkrupp may fail as the deal is yet to be approved by European regulators who have expressed concerns about its impact on competition. The stock recorded its sharpest fall since November 15, 2016, when it dipped 8.3 per cent during intra-day trade on the BSE. READ MORE
tata steel
02:16 PM
NEWS ALERT | Dilip Buildcon Q4 net profit at Rs 219.9 crore
02:15 PM
NEWS ALERT | Kajaria Ceramics Q4 result
- Net prfit at Rs 66 cr vs Rs 77.5 cr y-o-y
- Revenue comes at Rs 815.3 cr vs Rs 840 cr
- EBITDA comes at Rs 123 cr vs Rs 141 cr
02:10 PM
SBI reports Q4 profit of Rs 838 crore, NPAs decline
State Bank of India (SBI) on Friday reported standalone net profit at Rs 838.4 crore for the March quarter of the financial year 2018-19 (FY19). The state-owned lender had posted a loss of Rs 7,71l.17 crore in the year-ago period. Analysts had expected SBI to post a net profit of around Rs 3,900 crore, up 0.3 per cent on a sequential basis. READ MORE
SBI to link saving deposits, loan pricing to repo rate from May 1
02:09 PM
SBI stock reacts to March quarter numbers
02:07 PM
SBI Q4 results
Exceptional items for the year ended March 3I,201,9 include:
a) Net profit of Rs 473.12 crore on sale of partial investments in our subsidiary SBI General lnsurance Company Limited;
b) Net profit of Rs 1,087.43 crore on transfer of the bank's merchant acquiring business (MAB) to a wholly owned subsidiary SBI Payment Services Private Limited (SBIPSPL) pursuant to a business transfer agreement dated September 29,2OL8 for a consideration of Rs 1,250 crores
02:05 PM
SBI
The bank has made a provision of Rs 3,984 crores for the year ended March 31, 20I9 towards arrears of wages due for revision w.e.f November I, 2OI7
02:02 PM
SBI Q4 results: No dividend for FY19
The benchmark S&P BSE Sensex ended the day 96 points, or 0.26 per cent, lower at 37,463, with Tata Consultancy Services (TCS), HCL Tech, Tata Steel, IndusInd Bank and Infosys contributing the most to the indice's fall. Twenty-one of the 30 constituents of BSE ended the session with losses.
The broader index Nifty50 gave up the crucial 11,300 mark and slipped 23 points, or 0.20 per cent, at 11,279. About 1,187 shares advanced, 1,270 shares declined, and 162 shares were unchanged.
On a weekly basis, Sensex and Nifty post biggest weekly loss since October 2018, falling over 3 per cent each.
Among sectoral indices, both Nifty IT and Nifty Metal dipped more than 1 per cent. However, Nifty PSU Bank gained 2.5 per cent, the highest among the gainers.
The broader indices fared better than their benchmark peers with the S&P BSE MidCap index ending 34 points, or 0.24 per cent, higher at 14,390, while the S&P BSE SmallCap index was ruling at 14,106, up 29 points or 0.21 per cent.
BUZZING STOCKS
HCL Technologies slipped over 4 per cent to Rs 1,08.05 on the BSE after the company announced a 100 basis point (bps) cut in the estimated operating margin (OM) for FY20 as against FY19. READ MORE
State Bank of India (SBI) shares rose nearly 3 per cent to Rs 308.05, bouncing back from day's low of Rs 292 in intra-day trade on the BSE, after the bank reported improvement in assets quality in last quarter of financial year 2018-19 (Q4FY19). READ MORE
GLOBAL MARKETS
Global stocks made gains on Friday as investors held out hopes for a trade deal between the United States and China, even as another round of US tariffs on Chinese goods took effect.
European stock markets bounced off six-week lows, with Germany’s trade-sensitive DAX index leading the charge with a 1 per cent rise.
MSCI’s broadest index of Asia-Pacific shares outside Japan, which dropped more than 1 per cent early Friday, remained where they were when tariff increase kicked in, up 0.3 per cent. Japan’s Nikkei was off 0.3 per cent.
(With inputs from Reuters)
CATCH ALL THE LIVE UPDATES
Auto Refresh
03:39 PM
Sectoral trend on NSE
03:38 PM
Gainers and losers of the day on S&P BSE Sensex
03:37 PM
Market at close | NSE Nifty sheds 23 points to close at 11,278.90
03:37 PM
Market at close | BSE Sensex closes 96 points lower at 37,462.99
03:18 PM
SBI rebounds 6% from day's low on improved asset quality in March quarter
State Bank of India (SBI) shares rose 4 per cent to Rs 311, bouncing back 6 per cent from day's low of Rs 292 in intra-day trade on the BSE, after the bank reported improvement in assets quality in last quarter of financial year 2018-19 (Q4FY19). The bank’s gross non-performing assets (NPAs) ratio declined to 7.53 per cent against 8.71 per cent in the previous quarter and 10.91 per cent in the corresponding quarter of the previous fiscal. Net NPAs during the period came in at 3.01 per cent against 3.95 per cent in the previous quarter and 5.73 per cent in the year-ago quarter. READ MORE
03:07 PM
Nifty PSU Bank index rises 2.7%
02:50 PM
Canara Bank rises 2.5% after Q4 results
02:46 PM
Canara Bank Q4 results: Provisions at Rs 5,524 cr
02:46 PM
Canara Bank Q4 results: Net NPA at Rs 22,955 cr
02:45 PM
Canara Bank Q4 results: Gross NPA at Rs 39,224 cr
02:45 PM
Canara Bank Q4 results: NII at Rs 3,500 cr
02:45 PM
Canara Bank Q4 results: Net loss at Rs 551.5 cr
02:44 PM
Canara Bank Q4 results: Net NPA at 5.37% v 6.37 QoQ
02:44 PM
Canara Bank Q4 results: Gross NPA at 8.83% vs 10.25% QoQ
02:41 PM
Have made 100% provision on Essar Steel, Alok Ind and Bhushan Power: SBI chairman Rajnish Kumar
02:38 PM
Improvement in asset quality is now very visible: SBI chairman Rajnish Kumar
02:34 PM
Heatmap: S&P BSE Sensex
02:32 PM
Stocks active by volume
COMPANY PRICE(RS) CHG(RS) CHG(%) VOLUME
VODAFONE IDEA 14.05 -0.30 -2.09 5924744
RELIANCE POWER 6.11 -0.04 -0.65 4442003
YES BANK 165.30 -5.00 -2.94 3419732
SOUTH IND.BANK 14.00 -1.30 -8.50 2788367
PC JEWELLER 126.30 7.20 6.05 2552207
» More on Most Active Volume
02:31 PM
Sectoral trends on NSE
02:30 PM
Top gainers and losers on S&P BSE Sensex
02:30 PM
Market check
02:30 PM
Market check
02:25 PM
Tata Steel records sharpest intra-day fall since November 2016; slips 8%
Tata Steel slipped 8 per cent to Rs 480 on the BSE in intra-day deal on report that the company's joint venture (JV) with Thyssenkrupp may fail as the deal is yet to be approved by European regulators who have expressed concerns about its impact on competition. The stock recorded its sharpest fall since November 15, 2016, when it dipped 8.3 per cent during intra-day trade on the BSE. READ MORE
tata steel
02:16 PM
NEWS ALERT | Dilip Buildcon Q4 net profit at Rs 219.9 crore
02:15 PM
NEWS ALERT | Kajaria Ceramics Q4 result
- Net prfit at Rs 66 cr vs Rs 77.5 cr y-o-y
- Revenue comes at Rs 815.3 cr vs Rs 840 cr
- EBITDA comes at Rs 123 cr vs Rs 141 cr
02:10 PM
SBI reports Q4 profit of Rs 838 crore, NPAs decline
State Bank of India (SBI) on Friday reported standalone net profit at Rs 838.4 crore for the March quarter of the financial year 2018-19 (FY19). The state-owned lender had posted a loss of Rs 7,71l.17 crore in the year-ago period. Analysts had expected SBI to post a net profit of around Rs 3,900 crore, up 0.3 per cent on a sequential basis. READ MORE
SBI to link saving deposits, loan pricing to repo rate from May 1
02:09 PM
SBI stock reacts to March quarter numbers
02:07 PM
SBI Q4 results
Exceptional items for the year ended March 3I,201,9 include:
a) Net profit of Rs 473.12 crore on sale of partial investments in our subsidiary SBI General lnsurance Company Limited;
b) Net profit of Rs 1,087.43 crore on transfer of the bank's merchant acquiring business (MAB) to a wholly owned subsidiary SBI Payment Services Private Limited (SBIPSPL) pursuant to a business transfer agreement dated September 29,2OL8 for a consideration of Rs 1,250 crores
02:05 PM
SBI
The bank has made a provision of Rs 3,984 crores for the year ended March 31, 20I9 towards arrears of wages due for revision w.e.f November I, 2OI7
02:02 PM
SBI Q4 results: No dividend for FY19
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