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Equity indices flat as India-China tensions simmer, banking stocks slip

Video Credit: ANI - Duration: 01:14s - Published
Equity indices flat as India-China tensions simmer, banking stocks slip

Equity indices flat as India-China tensions simmer, banking stocks slip

Equity benchmark indices were flat during early hours on Thursday as border tensions between India and China continued to simmer while COVID-19 infections surged.At 10:15 am, the BSE SandP Sensex was up by 68 points or 0.2 per cent at 33,576 while the Nifty 50 edged higher by 18 points or 0.19 per cent at 9,900.

Sectoral indices at the National Stock Exchange were mixed amid lacklustre trading.

Among stocks, private banks slipped with ICICI Bankdown by 1.1 per cent to Rs 338.10 per share.

Kotak Mahindra Bank dipped by 0.9 per cent, Axis Bank by 0.8 per cent and IndusInd Bank by 0.6 per cent.

The others which lost were ONGC, Adani Ports, NTPC, Larsen and Toubro and Bajaj Auto.

However, those which gained marginally were UPL, Bajaj Finserv, ITC, Vedanta, Britannia and Dr Reddy's.

Meanwhile, Asian stocks fell as spiking coronavirus cases in several US states and China pushed back hopes of a quick global economic recovery from the pandemic.

MSCI's broadest index of Asia Pacific shares outside Japan lost by 1 per cent.

Japan's Nikkei was down by 1.3 p

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NIFTY 50 NIFTY 50 Indian stock market and benchmark index

Equity indices gain 1% on global cues, metal stocks shine [Video]

Equity indices gain 1% on global cues, metal stocks shine

Equity benchmark indices were on upswing during early hours on August 05 amid positive global cues with metal and banking stocks leading the rally. At 10:15 am, the BSE SandP Sensex was up by 408 points or 1.08 per cent at 38,096 while the Nifty 50 gained by 105 points or 0.95 per cent at 11,201. All sectoral indices at the National Stock Exchange were in the green with Nifty metal moving up by 2.2 per cent, private bank by 1.5 per cent and financial service by 1.2 per cent. Among stocks, Hindalco was the top gainer by adding 3.6 per cent at Rs 168.20 per share while Tata Steel was up by 2 per cent to Rs 380.20.Private lenders Axis Bank and IndusInd Bank edged higher by 3 per cent and 2.2 per cent respectively while State Bank of India ticked up by 2.1 per cent.Bajaj Finance and Bajaj Finserv were up by 2.5 per cent and 2.1 per cent. The other prominent gainers were UltraTech Cement and Grasim.However, FMCG majors Nestle India, Hindustan Unilever and ITC were in the negative terrain along with Power Grid Corporation and Dr Reddy's.

Credit: ANI    Duration: 01:04Published
Equity gauges edge higher, HDFC Bank gains 4.4% [Video]

Equity gauges edge higher, HDFC Bank gains 4.4%

Equity benchmark indices scaled up during early hours on August 04 with broad-based buying across financial, auto and other sectors. At 10:15 am, the BSE SandP Sensex was up by 319 points or 0.86 per cent at 37,259 while the Nifty 50 gained by 88 points or 0.81 per cent at 10,980. Except for Nifty IT, pharma and PSU bank, all sectoral indices at the National Stock Exchange were in the green with Nifty auto moving up by 1.4 per cent, financial service by 1.2 per cent and realty by 0.9 per cent. Among stocks, HDFC Bank was the top winner after climbing 4.4 per cent to Rs 1,046.50 per share. Index heavyweight Reliance Industries offset yesterday's losses and gained 1.7 per cent to Rs 2,043.25 per unit.

Credit: ANI    Duration: 01:13Published
Sensex crashes by 667 points, Bandhan Bank dips by 10 pc [Video]

Sensex crashes by 667 points, Bandhan Bank dips by 10 pc

Equity benchmark indices cracked by over 1.5 per cent on Monday as investors fretted over the economic consequences of surging new coronavirus cases across the world. At the closing bell, the BSE SandP Sensex was down by 667 points or 1.77 per cent at 36,940 while the Nifty 50 slipped by 174 points or 1.57 per cent at 10,900. Most sectoral indices at the National Stock Exchange were in the red with Nifty private bank down by 2.9 per cent, financial service by 2.2 per cent and realty by 1.2 per cent. Among stocks, shares of Bandhan Bank slid by 10.6 per cent to Rs 308.65 per share after reports said that its 34.56 crore shares -- or 21.5 per cent of total equity -- exchanged hands in 27 large trades.

Credit: ANI    Duration: 01:25Published
Opening bell: Equity indices trade 1% lower, Bandhan Bank dips by 9.8% [Video]

Opening bell: Equity indices trade 1% lower, Bandhan Bank dips by 9.8%

Equity benchmark indices were on a weak wicket during early hours on August 03 tracking Asian peers as the global surge of new coronavirus cases showed no sign of abating. At 10:15 am, the BSE SandP Sensex was down by 416 points or 1.11 per cent at 37,191 while the Nifty 50 slipped by 113 points or 1.02 per cent at 10,961.Except for Nifty metal and auto, all sectoral indices at the National Stock Exchange were in the red with Nifty private bank down by 2 per cent, financial service by 1.3 per cent and realty by 1.1 per cent. Among stocks, shares of Bandhan Bank slid by 9.8 per cent to Rs 311.30 per share after reports said that its 34.56 crore shares -- or 21.5 per cent of total equity -- exchanged hands in 27 large trades. IndusInd Bank was down by 3.7 per cent, Kotak Mahindra Bank by 3.1 per cent, Axis Bank by 1.8 per cent and HDFC Bank by 1.7 per cent. Bajaj Finance too slipped by 1.7 per cent at Rs 3,194.95 per share. The other prominent losers were UPL, HDFC Life, ONGC and Cipla.

Credit: ANI    Duration: 01:14Published

IndusInd Bank

Equities flat in early choppy trade, IT and pharma stocks in focus [Video]

Equities flat in early choppy trade, IT and pharma stocks in focus

Equity benchmark indices wobbled between gains and losses during early hours on July 31 in line with Asian peers following a record contraction in economic data from the United States. At 10:15 am, the BSE S-P Sensex was down by 113 points or 0.3 per cent at 37,623 while the Nifty 50 slipped by 31 points or 0.28 per cent at 11,071.Except for Nifty financial service, all sectoral indices at the National Stock Exchange were in the green with Nifty IT gaining by 1.8 per cent and pharma by 1.5 per cent. Among stocks, HCL Technologies ticked up by 2.8 per cent to Rs 715.05 per share while Tata Consultancy Services was up by 2.2 per cent and Infosys by 2 per cent. Cipla traded 3 per cent higher at Rs 706.40 per share. State Bank of India advanced by 2.5 per cent, ICICI Bank by 1.8 per cent, IndusInd Bank by 1.5 per cent and Axis Bank by 1.3 per cent. However, India's largest company in terms of market cap Reliance Industries lost by 2.5 per cent to Rs 2,055.80 per share on profit-booking, a day after it reported over 30 per cent jump in Q1 net profit at Rs 13,248 crore.

Credit: ANI    Duration: 01:22Published
Sensex cracks by 335 points but pharma stocks outperform [Video]

Sensex cracks by 335 points but pharma stocks outperform

Equity benchmark indices swung nearly 1 per cent lower during the afternoon session on July 30 ahead of the expiry day of monthly futures and options contracts. At the closing bell, the BSE S and P Sensex was down by 335 points or 0.88 per cent at 37,736 while the Nifty 50 lost 101 points or 0.9 per cent at 11,102. Most sectoral indices at the National Stock Exchange were in the red except for Nifty pharma which gained by 3.1 per cent and IT which crawled up by 0.6 per cent. Nifty bank slipped by 2 per cent, financial service by 1.8 per cent and metal by 1.2 per cent. Among stocks, energy majors were big losers with Bharat Petroleum Corporation down by 8 per cent to Rs 417.80 per share. IndianOil Corporation dipped by 4.1 per cent, ONGC by 2.4 per cent and Power Grid Corporation by 2.3 per cent. Banking scrips too witnessed losses with IndusInd Bank dipping by 5.4 per cent, Axis Bank by 3.4 per cent and State Bank of India by 2.4 per cent while home loan lender lost by 3.6 per cent. Pharma stocks, however, witnessed handsome gains with Dr Reddy's advancing by 4.6 per cent to close at Rs 4,500 per share. Sun Pharma and Cipla were up by 3.7 per cent and 0.8 per cent respectively. Wipro, Infosys, Vedanta, Maruti Suzuki, Britannia and Reliance Industries too traded with a positive bias. Meanwhile, Asian stocks were flat as the US Federal Reserve members voted to leave the target range for short-term rates between 0 and 0.25 per cent to support the country's virus-battered economy. Japan's Nikkei and Hong Kong's Hang Seng were down by 0.26 per cent and 0.69 per cent but South Korea's Kospi moved up by 0.17 per cent.

Credit: ANI    Duration: 01:29Published

Axis Bank Indian Private Sector Bank

Equities on downward swing, Reliance cracks by 1.8 pc [Video]

Equities on downward swing, Reliance cracks by 1.8 pc

Equity benchmark indices closed marginally lower on Friday in line with Asian peers following a record contraction in economic data from the United States. The BSE SandP Sensex was down by 129 points or 0.34 per cent at 37,607 while the Nifty 50 slipped by 29 points or 0.26 per cent at 11,073. Sectoral indices at the National Stock Exchange were mixed with Nifty pharma gaining by 3.5 per cent and PSU bank by 1.4 per cent. But Nifty financial service, private bank and auto were in the red. Among stocks, Reliance Industries lost by 1.84 per cent to Rs 2,070 per share on profit-booking, a day after it reported over 30 per cent jump in Q1 net profit at Rs 13,248 crore. Eicher Motors slipped by 2.7 per cent, Bajaj Auto by 1.6 per cent and Hero MotoCorp by 1.2 per cent. HDFC Bank, HDFC and HDFC Life lost by 1.6 per cent, 1.3 per cent and 1.2 per cent respectively. The other prominent losers were Kotak Mahindra Bank, Wipro and Asian Paints. However, Sun Pharma moved up 5.4 per cent to close at Rs 537.80 per share while Cipla witnessed a gain of Rs 5.1 per cent. JSW Steel, State Bank of India, Axis Bank, HCL Technologies and Tata Motors too traded in the green. Meanwhile, Asian shares slid as abysmal economic data from the United States and rising global COVID-19 cases weighed on sentiment. US GDP collapsed at a 32.9 per cent annualised rate in the second quarter, the deepest decline on record, while jobless claims rose last week. Japan's Nikkei dropped by 2.82 per cent, Hong Kong's Hang Seng by 0.47 per cent and Seoul's Kospi by 0.78 per cent.

Credit: ANI    Duration: 01:17Published

Kotak Mahindra Bank Indian private sector bank which is headquarter in Mumbai

Sushant Singh death case: Bihar Police arrives at Kotak Bank to get details of actor's bank account [Video]

Sushant Singh death case: Bihar Police arrives at Kotak Bank to get details of actor's bank account

A team of Bihar Police arrived at Kotak Bank's Bandra West branch on July 30 to get details of actor Sushant Singh Rajput's bank account. Earlier, Rhea Chakraborty had filed a petition in Supreme Court seeking transfer of investigation from Bihar to Mumbai. After which Sushant Singh Rajput's family filed a caveat before Supreme Court seeking to be heard in Rhea Chakraborty's petition in the top court.

Credit: ANI    Duration: 01:30Published
Sensex closes 180 points up, Glenmark Pharma jumps 27 pc [Video]

Sensex closes 180 points up, Glenmark Pharma jumps 27 pc

Equity benchmark indices wiped out early gains but closed over half a per cent higher on Monday led by gains in banking, pharma and metal stocks. The rising tension between India and China besides a spike in fresh COVID-19 cases turned investors cautious. At the closing bell, the BSE S-P Sensex was up by 180 points or 0.52 per cent at 34,911 while the Nifty 50 edged higher by 67 points or 0.65 per cent at 10,311. Among stocks, Glenmark Pharmaceuticals surged by 27.06 per cent to Rs 519.80 per share after it became the first pharmaceutical company in India to receive regulatory approval to make and sell oral antiviral drug favipiravir for treating mild-to-moderate COVID-19 infections. Cipla's stock jumped by 2.9 per cent to Rs 655.80 per unit after it announced the launch of remdesivir under its brand name Cipremi. Bajaj Auto gained by 7 per cent while Bajaj Finance and Bajaj Finserv climbed up by 5.9 per cent and 4.7 per cent respectively. Kotak Mahindra Bank gained by 4.4 per cent to close at Rs 1,360 per share. However, those which lost were Wipro, Infosys, Tata Consultancy Services, Mahindra and Mahindra, GAIL, ONGC and HDFC. Meanwhile, Asian stocks held flat while trying to shake off worries that rising coronavirus cases in the United States could slow down a quick economic rebound from the downturn triggered by the pandemic. Japan's Nikkei fell by 0.18 per cent while mainland Chinese stocks dropped by 0.08 per cent and Hong Kong's Hang Seng fell by 0.54 per cent.

Credit: ANI    Duration: 01:15Published

National Stock Exchange of India National Stock Exchange of India Stock exchange in Mumbai


Adani Ports & SEZ Adani Ports & SEZ Indian private multi-port operator

Equity indices gain marginally, auto and IT stocks shine [Video]

Equity indices gain marginally, auto and IT stocks shine

Equity benchmark indices advanced marginally during early hours on July 28 amid positive global cues with auto and metal stocks witnessing gains. At 10:15 am, the BSE SandP Sensex was up by 132 points or 0.35 per cent at 38,067 while the Nifty 50 gained 49 points or 0.44 per cent at 11,181. All sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 1.9 per cent, IT by 1.2 per cent and metal by 1 per cent. Among stocks, Tech Mahindra surged 3.2 per cent to Rs 686.25 per share after the company's consolidated net profit increased by 21 per cent sequentially to Rs 972 crore in the June quarter. Tata Motors accelerated by 3.4 per cent to Rs 105.15 per share while Mahindra and Mahindra gained by 2.9 per cent, Hero MotoCorp by 2.2 per cent, Maruti by 1.8 per cent and Bajaj Auto by 1.7 per cent. The other major gainers were Adani Ports, Hindalco, Tata Consultancy Services and IndusInd Bank.

Credit: ANI    Duration: 01:15Published
Metals and financials lift equity indices, Tata Steel up 4.1 percent [Video]

Metals and financials lift equity indices, Tata Steel up 4.1 percent

Equity benchmark indices were up by nearly half per cent during early hours on July 17 following a positive trend in Asian markets. At 10:15 am, the BSE S-P Sensex was up by 181 points or 0.5 per cent at 36,653 while the Nifty 50 edged higher by 50 points or 0.46 per cent at 10,790.Except for Nifty IT, all sectoral indices at the National Stock Exchange were in the positive terrain with Nifty metal up by 1.7 per cent, financial service and auto by 0.9 per cent each, and private bank by 0.7 per cent. Among stocks, Tata Steel was the top gainer after moving up by 4.1 per cent to Rs 355.70 per share while JSW Steel gained by 3.9 per cent to Rs 209.05.Adani Ports ticked up by 1.8 per cent, Bajaj Finance by 1.6 per cent, Tata Motors by 1.5 per cent and Hindustan Lever by 1.5 per cent. The other prominent gainers were Bharti Infratel, ONGC, GAIL and Titan.

Credit: ANI    Duration: 01:14Published
Closing bell: Equity indices close in red, financials and metals decline [Video]

Closing bell: Equity indices close in red, financials and metals decline

Traders booked profit and equity benchmark indices ended marginally lower on July 10 following a decline in global peers amid surging coronavirus cases. The BSE S and P Sensex settled 143 points or 0.39 per cent lower at 36,594 while the Nifty 50 sank by 45 points or 0.42 per cent at 10,768.Sectoral indices at the National Stock Exchange were mixed with Nifty PSU bank down by 2.6 per cent, private bank by 2.3 per cent, financial service by 1.9 per cent and metal by 0.7 per cent. Among stocks, private lender Axis Bank slipped by 3.2 per cent to close at Rs 439.20 per share. ICICI Bank was down by 2.8 per cent, IndusInd Bank by 2.7 per cent and State Bank of India by 1.8 per cent.The other prominent losers were HDFC, JSW Steel, GAIL, Titan and Adani Ports.However, Reliance Industries jumped by 3.1 per cent to wind up the day at Rs 1,881 per share. Sun Pharma closed 2.2 per cent higher while FMCG majors Hindustan Lever, Britannia and Nestle India were up by 2.5 per cent, 1.5 per cent and 0.4 per cent respectively.

Credit: ANI    Duration: 01:14Published

Oil and Natural Gas Corporation Oil and Natural Gas Corporation Indian Multinational Oil and Gas company

Markets open flat but IT, auto stocks gain [Video]

Markets open flat but IT, auto stocks gain

Equity benchmark indices were subdued during early hours on July 07 in lacklustre trading amid mixed cues from Asian peers. At 10:15 am, the BSE S and P Sensex was up by 78 points or 0.21 per cent at 36,565 while the Nifty 50 edged up by 10 points or 0.09 per cent at 10,774. Most sectoral indices at the National Stock Exchange were in the red except for Nifty IT which moved up by 1.7 per cent, pharma by 0.8 per cent and auto by 0.5 per cent. IT stocks appeared to be the flavour of the day with Infosys gaining by 2.6 per cent to Rs 784.50 per share. Wipro was up by 1.6 per cent, HCL Technologies by 1.5 per cent and Tech Mahindra by 1.3 per cent. Auto stocks also gained marginally with Bajaj Auto and Tata Motors moving up by 1.6 per cent each and Maruti Suzuki by 1.1 per cent. However, Power Grid Corporation slipped by 2.5 per cent to Rs 173.40 per share. Grasim was down by 2.4 per cent, ONGC by 2.1 per cent, ITC by 1.7 per cent and Tata Steel by 1.6 per cent. Meanwhile, Asian indices traded mixed despite a strong close on Wall Street overnight. In Japan, Nikkei traded down by 0.7 per cent as the market participants seemed concerned over the rising number of new Covid-19 cases in Tokyo.

Credit: ANI    Duration: 01:11Published

Asia Asia Continent

Philippines closes in on Indonesia for most SE Asian COVID-19 cases [Video]

Philippines closes in on Indonesia for most SE Asian COVID-19 cases

The Philippines has reported more than 3,200 new coronavirus infections, pushing it close to Indonesia as the worst-hit county in Southeast Asia.

Credit: Al Jazeera STUDIO    Duration: 02:27Published
Over 18,000 People Quarantined in China as COVID-19 Cases Rise in Asia [Video]

Over 18,000 People Quarantined in China as COVID-19 Cases Rise in Asia

More than 12,000 of those in isolation are in the western province of Xinjiang, the epicenter of the countryโ€™s latest outbreak.

Credit: Cover Video STUDIO    Duration: 01:07Published
UPS Up 11% [Video]

UPS Up 11%

On Thursday, UPS beat estimates for second-quarter revenue and profits. This is because the coronavirus pandemic has boosted domestic deliveries. CEO Carol Tome said Demand in Asia and strong healthcare shipping activity also fueled the UPS earnings win. The company refrained from providing forward guidance, citing ongoing uncertainties surrounding the pandemic. Business Insider reports that UPS shares rallied as much as 11.4% in early trading.

Credit: Wochit News    Duration: 00:32Published
Is Europe At The Start Of A Second Wave Of COVID-19? [Video]

Is Europe At The Start Of A Second Wave Of COVID-19?

CNN reports fresh outbreaks of the novel coronavirus COVID-19 are sweeping across Europe as they have in Asia. Amid renewed lockdown measures, the virus is sending a clear message: no country is safe from a resurgence. Germany was a model for effectively handling the pandemic. Steered by calm, clearly communicating Chancellor Angela Markel, Germany responded rapidly and quickly built an infrastructure for mass testing.

Credit: Wochit News    Duration: 00:38Published

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