Source: moneycontrol.com The Indian benchmark indices are trading on a negative note with Nifty down 34 points at 11,807 while the Sensex shed 115 points and is trading at 39,471 level. Nifty Metal is down over a percent dragged by Jindal Steel & Power, JSW Steel, Tata Steel, Vedanta and […]
Continue readingMonth: June 2019
Future Group and Fonterra Future launches new dairy brand Dreamery
Source: retail4growth.com Fonterra Future Dairy, a joint venture between New Zealand-based Fonterra and Future Consumer, has reportedly entered the already competitive milk products market in India with its new dairy brand Dreamery. According to the company statement, Dreamery under Fonterra Future Group JV will sell Dahi, UHT Toned Milk, Chocolate […]
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Corporation Bank leads gainers in ‘A’ group
Source: business-standard.com EID Parry (India) Ltd, UCO Bank, Union Bank of India and Linde India Ltd are among the other gainers in the BSE’s ‘A’ group today, 28 June 2019. Corporation Bank surged 8.46% to Rs 25.65 at 11:49 IST. The stock was the biggest gainer in the BSE’s ‘A’ […]
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Share market update: Bank shares slip; IndusInd Bank dips over 1%
Source: economictimes.indiatimes.com NEW DELHI: Bank shares were trading with losses in Friday’s morning session. Shares of IndusInd Bank (down 1.60 per cent), YES BankNSE -3.25 % (down 1.42 per cent), ICICI BankNSE -0.87 % (down 1.35 per cent) and RBL Bank (down 1.10 per cent) were the top losers in […]
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Budget 2019: Eye capital goods space! These 11 stocks likely to benefit the most
Source: moneycontrol.com Budgetary support or reforms in sectors like infrastructure, oil and gas, power, steel, automobile are a precursor to growth in the capital goods industry. We expect the Union Budget to continue to lay emphasis on infrastructure. This, in turn, will drive public as well as private investment, and […]
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Share market update: Telecom shares mixed; RCom climbs over 4%
Source: economictimes.indiatimes.com NEW DELHI: Telecom shares were trading on a mixed note in Friday’s afternoon session. Shares of Reliance Communications (up 4.76 per cent), GTL (up 1.82 per cent), Tata Teleservices (Maharashtra) (up 1.63 per cent) and Tata Communications (up 1.28 per cent) were the top performers in the index. […]
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Sensex, Nifty dip on weak global cues; MTNL, DHFL, Suzlon Energy stocks bleed
Source: zeebiz.com The stock market of India took a dip in the intraday and went off half a per cent as the share market investors await fresh breakthrough into the US-China tariff talks expected to take place on the sidelines of the G-20 Summit in Japan. The BSE Sensex went […]
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Reliance Infra, RPower shares tank after Yes Bank invokes 9 crore shares
Source: financialexpress.com Reliance Infrastructure and Reliance Power shares tanked on Friday after Yes Bank invoked around 9 crore Reliance Power shares owned by promoter Reliance Infrastructure. Following the invocation of shares on Thursday, Reliance Infrastructure’s holding in Reliance Power has come down to 29% from earlier 32.21%. Reliance Infrastructure shares […]
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Share market update: PSU Bank shares gain; Central Bank jumps 6%
Source- economictimes.indiatimes.com NEW DELHI: Shares of PSU banks were trading with gains in Friday’s morning session. Shares of Central Bank of India (up 5.99 per cent), Union Bank of IndiaNSE 4.45 % (up 4.83 per cent), Bank of India (up 3.90 per cent) and Canara BankNSE 2.12 % (up 2.55 […]
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Share market update: Consumer Durables shares trade higher; Blue Star up over 3%
Source: economictimes.indiatimes.com NEW DELHI: The S&P BSE Consumer Durables index was flat in Friday’s afternoon session with most of its components trading higher. Shares of Blue Star (up 3.74 per cent), Crompton GreavesNSE -3.38 % Consumer Electricals (up 2.49 per cent) and TTK PrestigeNSE 0.85 % (up 0.61 per cent) […]
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Base Metals: Zinc, copper, lead futures soften on tepid demand
Source: economictimes.indiatimes.com New Delhi: Zinc prices eased 0.87 per cent to Rs 200.40 per kg in futures trade Thursday as speculators cut down positions taking weak cues from the spot market. On Multi Commodity Exchange, zinc for delivery in current month declined Rs 1.75, or 0.87 per cent, to Rs […]
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D-Street Buzz: Auto stocks gain led by Tata Motors; HDFC Bank, Titan Company at new highs
Source: moneycontrol.com The Indian benchmark indices continues to trade in the green but is off the high point of the day with Nifty up 23 points at 11,869 while the Sensex added 77 points and is trading at 39,669 level. Nifty Realty is up over 2 percent led by Godrej […]
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After Market: SCUF rallies 18%; CCD, sugar stocks on a high; IT, Teck names top laggards
Source: economictimes.indiatimes.com Equity benchmarks BSE Sensex and NSE Nifty ended a tad lower on Thursday after a highly volatile session as June series derivative contracts expired. The 30-share Sensex, which hit an intraday high and low of 39,817 and 39,633 during the day, settled 5.67 points down at 39,586. Likewise, […]
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Buzzing stocks: Motherson Sumi, RIL, Suzlon Energy, RInfra
Source: economictimes.indiatimes.com NEW DELHI: Motherson Sumi with over 0.49 crore shares changing hands was leading among the most traded stocks on NSE on Thursday. Shares of Suzlon EnergyNSE -7.89 % (number of shares traded: 0.44 crore), Reliance Infra (number of shares traded: 0.38 crore), Reliance Power (number of shares traded: […]
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D-Street Buzz: Nifty Realty outshines led by Indiabulls Real Estate; Bharti Infratel up 2%
Source: moneycontrol.com Following positive Asian cues the Indian benchmark indices are trading in green with Nifty up 30 points at 11,878 while the Sensex gained 123 points and is trading at 39,715 level. Nifty Realty is the outperforming sector, up over 2 percent led by Indiabulls Real Estate which jumped […]
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NMDC invokes termination clause against BHEL for delay in Rs 1,395 cr contract
Source: economictimes.indiatimes.com State-owned miner NMDC has issued a termination notice to engineering firm BHELNSE -2.07 % as the latter has not been able to complete a Rs 1,395 crore contract awarded in 2011, according to a source The completion date of the work was February 28, 2014 Maharatna PSU BHEL, […]
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Overnight Digest: Stocks to watch out on June 28
Source: dsij.in The stocks to watch out on June 28 include SpiceJet, SunPharma, BHEL, Prism Johnson and Max India SpiceJet Ltd.: SpiceJet has introduced a direct daily flight connecting Mumbai and Hong-Kong. Sun Pharmaceutical Industries Ltd.: The company enters into a license agreement with China Medical System Holdings to develop […]
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Nifty heavyweights in vanguard of ongoing rally; 18 stocks surge 10-40% in 2019
Source: moneycontrol.com Eighteen Nifty stocks surged over 10 percent in the first half of 2019 helping the index to climb Mount 12K. These are the stocks that are leading the rally even now as nine of them also hit their respective 52-week highs in June. These nine stocks are Titan […]
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MCX gold open interest spikes to 25 tonne as volatility spirals
Source: economictimes.indiatimes.com Kolkata: The rising volatility in gold prices has prompted hedgers to use MCXNSE -0.16 % futures platform, so much so that the open interest in gold on MCX breached 25 metric tonnes (MT) and was at 25.4 metric tonnes on June 25 when gold prices hit a 6-year […]
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With 70% mid and small cap stocks in red, these 49 gained over 30% in first half of 2019
Source: cnbctv18.com After suffering a double-digit fall in 2018, the carnage in the mid- and small-cap stocks continued in the first half of 2019 with the BSE Midcap index down 4 percent and BSE Smallcap index losing 3 percent till date. In comparison, BSE Sensex gained 10 percent on a […]
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