- Equity mutual fund flows rise 17% to Rs 5,407 crore after Modi's triumph
- Sebi suggests new informant mechanism with rewards to curb insider trading
- Sanofi: Strong anti-diabetic range, exports may prove healthy for investors
- Despite oil price volatility, earnings prospects good for ONGC
- Suzlon Energy tanks 24% after report says deal with Vestas could fall apart
- YES Bank falls 13% in three days; hits over 3-year low on BSE
- Market valuation, hike in LTCG: Analysts rule out runaway pre-budget rally
- PC Jeweller falls 10% on rating downgrade by CRISIL on bank facilities
- ADAG stocks plunge up to 20% after RPower posts loss of Rs 3,559 cr for Q4
- Jet Airways trades near 10-year low; plunges 56% in two months
Sensex ends 169 pts higher, Nifty over 11,900; Infosys, TCS lead gainers
All that happened in the markets today
SI Reporter |
Last Updated at June 10, 2019 16:07 IST
EVENT HIGHLIGHTS
Benchmark indices ended Monday's session with gains, lifted by tech stocks, in line with global stock markets that were buoyed by a deal struck between the US and Mexico to avoid a tariff war, and weak US jobs data that raised hopes of rate cuts by the Federal Reserve.
The S&P BSE Sensex rose 169 points, or 0.43 per cent, to 39,785, with TCS, Infosys, Bharti Airtel, Axis Bank, and ITC. Out of the 30 BSE constituents, 20 ended the day in the green.
The broader Nifty50 index added 52 points, or 0.44 per cent, to settle at 11,923. The market breadth, though, was tilted in favour of sellers. About 1,083 stocks declined and 701 shares advanced on the NSE.
The Nifty sectoral indices traded mixed. Nifty IT and Nifty FMCG were the top gainers, both up over 1 per cent each, while Nifty Media and Nifty PSU Bank indices were the top drags, both down over 1.5 per cent.
In the broader market, the S&P BSE MidCap was up 17 points, or 0.11 per cent, to 14,923, while the S&P BSE SmallCap dipped 72.5 points, or 0.49 per cent, to 14,585.
The S&P BSE Sensex rose 169 points, or 0.43 per cent, to 39,785, with TCS, Infosys, Bharti Airtel, Axis Bank, and ITC. Out of the 30 BSE constituents, 20 ended the day in the green.
The broader Nifty50 index added 52 points, or 0.44 per cent, to settle at 11,923. The market breadth, though, was tilted in favour of sellers. About 1,083 stocks declined and 701 shares advanced on the NSE.
The Nifty sectoral indices traded mixed. Nifty IT and Nifty FMCG were the top gainers, both up over 1 per cent each, while Nifty Media and Nifty PSU Bank indices were the top drags, both down over 1.5 per cent.
In the broader market, the S&P BSE MidCap was up 17 points, or 0.11 per cent, to 14,923, while the S&P BSE SmallCap dipped 72.5 points, or 0.49 per cent, to 14,585.
BUZZING STOCKS
Shares of Jammu & Kashmir (J&K) Bank tanked 20 per cent to Rs 47.60 apiece on the BSE on Monday after reports suggested that the Anti-Corruption Bureau alleged Parvez Ahmed, now-removed chairman-cum-managing director, of indulging in corrupt activities. The stock, however, ended the day at Rs 52.25, down 12.11 per cent. CLICK TO READ FULL REPORT
Shares of Jet Airways (India) were trading 8 per cent lower on the BSE in the morning deals on Monday after concerns over a potential government-led investigation surfaced, implying derailment of the revival plan of the cash-strapped airline. The stock, however, pared almost all of its losses to end the day at Rs 125.20, down 0.36 per cent. READ MORE
Shares of Anil Dhirubhai Ambani Group (ADAG) companies came under heavy pressure on Monday with Reliance Power (RPower) hitting a new low of Rs 4.94, tumbling 20 per cent on the BSE after the company reported a huge loss of Rs 3,559 crore for the March 2019 quarter, due to impairment and higher finance costs. The company had posted a net profit of Rs 189 crore in the year-ago quarter. READ MORE
Shares of Jammu & Kashmir (J&K) Bank tanked 20 per cent to Rs 47.60 apiece on the BSE on Monday after reports suggested that the Anti-Corruption Bureau alleged Parvez Ahmed, now-removed chairman-cum-managing director, of indulging in corrupt activities. The stock, however, ended the day at Rs 52.25, down 12.11 per cent. CLICK TO READ FULL REPORT
Shares of Jet Airways (India) were trading 8 per cent lower on the BSE in the morning deals on Monday after concerns over a potential government-led investigation surfaced, implying derailment of the revival plan of the cash-strapped airline. The stock, however, pared almost all of its losses to end the day at Rs 125.20, down 0.36 per cent. READ MORE
Shares of Anil Dhirubhai Ambani Group (ADAG) companies came under heavy pressure on Monday with Reliance Power (RPower) hitting a new low of Rs 4.94, tumbling 20 per cent on the BSE after the company reported a huge loss of Rs 3,559 crore for the March 2019 quarter, due to impairment and higher finance costs. The company had posted a net profit of Rs 189 crore in the year-ago quarter. READ MORE
CATCH ALL THE LIVE UPDATES
Auto Refresh
Load More
Copyrights © 2019 Business Standard Pvt Ltd. All rights reserved.