AUTO REFRESH ON Top losers in BSE 500 COMPANY LATEST PREV CLOSE LOSS() LOSS(%) VOLUME PC JEWELLER 79.15 86.55 -7.40 -8.55 3203521 YES BANK 205.70 222.50 -16.80 -7.55 3162442 GRASIM INDS 815.00 876.95 -61.95 -7.06 106022 VODAFONE IDEA 38.65 41.45 -2.80 -6.76 1196651 NBCC 61.25 65.55 -4.30 -6.56 890604 Click here for more
The benchmark indices are moving in a narrow range amid mixed cues in the global markets.
The rupee is trading on a firm note having risen to a nearly two-month high of 72.02 against the dollar in intra-day trade so far, up from its close of 72.31 against greenback.
Among key stocks, YES Bank has fallen over 6 per cent to Rs 207.65 on the BSE so far in intra-day trade after Ashok Chawla, the bank's non-executive chairman, stepped down with immediate effect, following his name appearing in Aircel-Maxis controversy. Independent Director Vasant Gujarathi has also quit, citing personal commitments. The bank's board has appointed Uttam Prakash Agarwal as additional director (Independent) for five years, subject to shareholder’s approval.
Among key stocks, YES Bank has fallen over 6 per cent to Rs 207.65 on the BSE so far in intra-day trade after Ashok Chawla, the bank's non-executive chairman, stepped down with immediate effect, following his name appearing in Aircel-Maxis controversy. Independent Director Vasant Gujarathi has also quit, citing personal commitments. The bank's board has appointed Uttam Prakash Agarwal as additional director (Independent) for five years, subject to shareholder’s approval.
Vodafone Idea is trading 4.23 per cent lower after the company reported a net loss of Rs 49.7 billion on a revenue of Rs 120.2 billion. For the July-September quarter, earnings before interest, tax, depreciation and amortisation (Ebitda) declined 28.7 per cent to Rs 9.8 billion.
Nearly 26 BSE listed companies are slated to announce their September quarter earnings later in the day.
On macro front, India- imports, exports and trade balance data is likely to release today.
GLOBAL MARKETS
Asian stocks edged up on Thursday as a steep slide in crude oil prices which had chilled investor sentiment slowed, while the pound and euro were supported after British Prime Minister Theresa May gained cabinet support for a Brexit deal.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.15 per cent. The index had declined 0.4 per cent the previous day as plunging oil prices heightened anxiety about the outlook for broad demand and global growth. Australian stocks rose 0.15 per cent while Japan’s Nikkei shed 0.5 per cent.
OIL PRICES
US crude was a shade lower at $55.92 per barrel after gaining 1 per cent overnight, snapping a 12 day losing run on growing prospects that the Organization of the Petroleum Exporting Countries (OPEC) and allied producers would cut output.
(with Reuters input)