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Opening stock: Equity indices in red, financials and metals lose shine

Video Credit: ANI - Duration: 01:12s - Published
Opening stock: Equity indices in red, financials and metals lose shine

Opening stock: Equity indices in red, financials and metals lose shine

Equity benchmark indices fell by over 1 per cent during early hours on June 29 amid weak global cues as coronavirus cases continue to surge across the world.

That dimmed the hopes of an early economic recovery and drove investors to safer assets like government bonds, gold and the US dollar.

At 10:15 am, the BSE SandP Sensex was down by 431 points or 1.23 per cent at 34,740 while the Nifty 50 edged lower by 130 points or 1.25 per cent at 10,253.

Except for Nifty FMCG and pharma, all sectoral indices at the National Stock Exchange were in the negative zone with Nifty metal down by 2.6 per cent, private bank by 2.3 per cent and financial service by 2 per cent.

Among stocks, Bajaj Finance dropped by 4.3 per cent to Rs 2,778.85 per share while Bajaj Finserv slipped by 2.8 per cent to Rs 5,776.85.

Private lenders were on slippery ground with Axis Bank down by 4.4 per cent, IndusInd Bank by 3 per cent and ICICI Bank by 2.6 per cent.

Hindalco, JSW Steel, Coal India, Bharti Infratel and Tech Mahindra too traded with a negative bias.

But FMCG majors ITC, Nestle India and Britannia were in the positive zone along with Cipla and Sun Pharma.

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NIFTY 50 NIFTY 50 Indian stock market and benchmark index

Sensex jumps 409 points as banking, metal stocks rally [Video]

Sensex jumps 409 points as banking, metal stocks rally

Equity benchmark indices extended early gains in the afternoon session on July 09 after Prime Minister Narendra Modi said India is seeing green shoots of economic recovery. "The story of global revival will have India playing a leading role," he said at the India Global Week Summit. The BSE S and P Sensex closed 409 points or 1.12 per cent higher at 36,738 while the Nifty 50 ticked up by 108 points or 1.01 per cent at 10,813.Except for Nifty FMCG which slipped by 0.3 per cent, all sectoral indices at the National Stock Exchange were in the green with Nifty metal up by 1.9 per cent, financial service by 1.6 per cent, PSU bank by 1.2 per cent and private bank by 1.1 per cent.

Credit: ANI    Duration: 01:16Published
Sensex falls by 346 points, auto and IT stocks tumble [Video]

Sensex falls by 346 points, auto and IT stocks tumble

Equity benchmark indices fell sharply during the last hour of the trading session on Wednesday amid mixed Asian cues and continued surge in coronavirus cases which cast doubt over a quick global economic recovery. The BSE S-P Sensex closed 346 points or 0.94 per cent lower at 36,329 while the Nifty 50 edged down by 94 points or 0.87 per cent at 10,706. Sectoral indices at the National Stock Exchange were mixed with Nifty auto and realty down by 1.9 per cent each, IT by 1.7 per cent and financial service by 0.6 per cent. But Nifty PSU bank climbed up by 2.3 per cent and metal by 1.5 per cent. Among stocks, Bajaj Finance fell by 4.6 per cent to Rs 3,197 per share while Bajaj Finserv slipped by 2.8 per cent. Tata Motors was down by 3.1 per cent, Maruti Suzuki by 2.8 per cent and Eicher Motors by 2.6 per cent. IT majors HCL Technologies and Infosys skidded by 2.9 per cent and 2.4 per cent respectively.

Credit: ANI    Duration: 01:22Published
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
Closing bell: Sensex jumps 466 points on global cues, auto and metal stocks gain [Video]

Closing bell: Sensex jumps 466 points on global cues, auto and metal stocks gain

Equity indices traded with a positive bias throughout on July 06 session amid a strong rally in all major sectors. At the closing bell, the BSE SandP Sensex was up by 466 points or 1.29 per cent at 36,487 while the Nifty 50 edged higher by 156 points or 1.47 per cent at 10,764.Nifty pharma slipped by 0.6 per cent but all other sectoral indices at the National Stock Exchange were in the green with Nifty auto gaining by 2.8 per cent, metal by 2.4 per cent, realty by 3 per cent, private bank by 1.5 per cent and finance service by 1.4 per cent. Among stocks, Mahindra and Mahindra witnessed a handsome gain of 7.4 per cent to Rs 569.70 per share. Tata Motors was up by 5.3 per cent and Maruti Suzuki by 3.4 per cent. Metal majors Hindalco and Tata Steel gained by 5.6 per cent and 2.7 per cent while index heavyweight Reliance Industries edged higher by 3.7 per cent to Rs 1,855 per share.

Credit: ANI    Duration: 01:13Published
Equity indices close in the green, Eicher Motors up 4.2 pc [Video]

Equity indices close in the green, Eicher Motors up 4.2 pc

Equity benchmark indices continued their upward momentum on Friday but the gains in IT and realty sectors were capped by PSU banks. At the closing bell, the BSE SandP Sensex was up by 178 points or 0.5 per cent at 36,021 while the Nifty 50 edged higher by 56 points or 0.53 per cent at 10,607. Sectoral indices at the National Stock Exchange were mixed with Nifty IT and realty gaining by 1 per cent each but PSU bank down by 0.9 per cent. Among stocks, Eicher Motors was up by 4.18 per cent at Rs 19,121 per share while Hero MotoCorp accelerated by 2.6 per cent, Bajaj Auto by 1.9 per cent and Tata Motors by 1.8 per cent. Adani Ports closed 4.1 per cent higher at Rs 361 per share. Tata Consultancy Services gained by 1.7 per cent while Bharti Airtel and Bharti Infratel were up by 4 per cent and 1.8 per cent respectively. Reliance Industries edged higher by 1.53 per cent to Rs 1,785.50 per share after Intel Corp said it will invest Rs 1,894 crore in Jio Platforms in exchange for a 0.39 per cent stake, the latest big-ticket investment in its digital unit. But metal stocks fell with JSW Steel and Tata Steel down by 1.7 per cent each and Hindalco by 1 per cent. IndusInd Bank, HDFC Bank, Bajaj Finance and Bajaj Finserv too traded with a negative bias. Meanwhile, Asian shares rallied to a four-month high on robust US payrolls data and a brisk pickup in Chinese service sector activity. Shanghai Composite closed 2.01 per cent higher. Japan's Nikkei rose by 0.72 per cent while Hong Kong's Hang Seng was up by 0.99 per cent.

Credit: ANI    Duration: 01:12Published

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


Coal India Coal India Largest Coal mining and refinery company

West Bengal's Asansol coal workers hold protest against commercial mining [Video]

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Coal India workers began three-day strike from July 02 against auction of coal blocks to private parties. West Bengal's Asansol Coal workers held protest against it. 41 coal blocks were auctioned by the central government for commercial mining. Coal India trade unions have joined hands to revolt against the decision. Protestors have halted mining and production activities.

Credit: ANI    Duration: 01:27Published
Coal India workers protest in Ranchi against auction of coal blocks [Video]

Coal India workers protest in Ranchi against auction of coal blocks

Coal India workers began three-day strike from July 02 against auction of coal blocks to private parties. 41 coal blocks were auctioned by the central government for commercial mining. Coal India trade unions have joined hands to revolt against the decision. Protestors have halted mining and production activities.

Credit: ANI    Duration: 01:39Published
Equity indices end flat after choppy trade, energy stocks lose [Video]

Equity indices end flat after choppy trade, energy stocks lose

Equity benchmark indices underwent bouts of volatility on Tuesday but ended flat despite strong global cues after data showed that China's manufacturing sector grew more than expected in June. At the closing bell, the BSE S and P Sensex was down by 46 points or 0.13 per cent at 34,916 while the Nifty 50 edged lower by 10 points or 0.1 per cent at 10,302. Sectoral indices at the National Stock Exchange were mixed with Nifty PSU losing by 1.7 per cent and pharma by 1.5 per cent. Among stocks, Bharat Petroleum Corporation was down by 2.5 per cent to close at Rs 373.75. Power Grid Corporation fell by 1.9 per cent, GAIL by 1.8 per cent, Indian Oil Corporation by 1.7 per cent, Coal India by 1.2 per cent and ONGC by 1 per cent.

Credit: ANI    Duration: 01:19Published
Equity indices edge lower as virus cases mount, Coal India top loser [Video]

Equity indices edge lower as virus cases mount, Coal India top loser

Equity benchmark indices traded with a bearish bias on Monday amid jittery global cues as coronavirus cases continue to surge across several countries including India. Selling pressure aggravated for realty, PSU banks and metal stocks as investors drove funds to safer assets with flickering hopes of early economic recovery. The BSE S-P Sensex closed 210 points or 0.6 per cent lower at 34,962 while the Nifty 50 edged lower by 71 points or 0.68 per cent at 10,312. Except for Nifty FMCG, all sectoral indices at the National Stock Exchange were in the negative zone with Nifty realty down by 3.5 per cent, PSU bank by 3.3 per cent and metal by 2.6 per cent. Among stocks, Coal India was the top loser after slipping by 4.9 per cent to Rs 135.05 per share. Axis Bank dropped by 4.7 per cent while State Bank of India was down by 2.8 per cent.

Credit: ANI    Duration: 01:14Published

IndusInd Bank IndusInd Bank

Equity indices up on vaccine hopes, banking and financial stocks gain [Video]

Equity indices up on vaccine hopes, banking and financial stocks gain

Equity benchmark indices were up by nearly one per cent during early hours on July 02 tracking gains in Asian peers as investors hoped of a vaccine for COVID-19. At 10:15 am, the BSE SandP Sensex was up by 340 points or 0.96 per cent at 35,745 while the Nifty 50 edged higher by 97 points or 0.93 per cent at 10,527.All sectoral indices at the National Stock Exchange were in the positive zone with Nifty private bank gaining by 1.5 per cent, financial service and IT by 1.3 per cent each, and auto by 0.8 per cent.Among stocks, ONGC was the top gainer by moving up 3.4 per cent to Rs 83.20 per share. IndusInd Bank and HDFC Bank rose by 2.5 per cent and 1.9 per cent respectively.The other prominent gainers were Mahindra and Mahindra, Hero MotoCorp, Infosys, Wipro and Grasim. Among those in the red zone were UPL, Hindustan Lever, Britannia, Maruti Suzuki and Eicher Motors.

Credit: ANI    Duration: 01:50Published
Equity indices close in the red, private banks drag [Video]

Equity indices close in the red, private banks drag

Equity benchmark indices slipped over 1.5 per cent during the afternoon session on Wednesday as heavy selling was witnessed in banking stocks. The BSE SandP Sensex closed 561 points or 1.58 per cent lower at 34,869 while the Nifty 50 dropped by 166 points or 1.58 per cent at 10,305. Except for Nifty FMCG, all sectoral indices at the National Stock Exchange were in the negative terrain with Nifty private bank down by 4 per cent, financial service by 2.9 percent, and realty by 2.6 per cent and pharma by 2.4 per cent. Among stocks, ICICI Bank tumbled by 7.1 per cent to wind up the day at Rs 349.35 per share. IndusInd Bank dropped by 6.6 per cent and Axis Bank by 4.1 per cent while State Bank of India slipped by 4.1 per cent. The other prominent losers were Power Grid Corporation, Hindalco, Cipla, NTPC and Bajaj Finserv. However, Asian Paints added gains of 3.8 per cent to close at Rs 1,748 per share. FMCG major ITC was up by 3.3 per cent and Nestle India by 1.1 per cent while auto majors Eicher Motors, Hero MotoCorp and Tata Motors added marginal gains.

Credit: ANI    Duration: 01:15Published

ICICI Bank ICICI Bank Indian Private Sector Bank

Opening bell: Equity indices in positive zone, Tata Steel gains 4.7% [Video]

Opening bell: Equity indices in positive zone, Tata Steel gains 4.7%

Equity benchmark indices were in the positive territory during early hours on June 30 amid strong global cues after data showed that China's manufacturing sector grew more than expected in June. At 10:15 am, the BSE SandP Sensex was up by 225 points or 0.63 per cent at 35,186 while the Nifty 50 edged higher by 64 points or 0.62 per cent at 10,377.Sectoral indices at the National Stock Exchange were mixed with Nifty metal gaining by 2.1 per cent and realty by 1.3 per cent. Among stocks, Tata Steel edged higher by 4.75 per cent to Rs 336.10 per share while Hindalco was up by 3.2 per cent and JSW Steel by 2 per cent. The other prominent gainers were UPL, ICICI Bank, NTPC, Britannia and HDFC. Among those in the red zone were Sun Pharma, Dr Reddy's, Tata Consultancy Services, Infosys, GAIL and Power Grid Corporation.

Credit: ANI    Duration: 01:30Published
Equity indices flat in volatile trade, IT stocks in focus on H1B visa ban [Video]

Equity indices flat in volatile trade, IT stocks in focus on H1B visa ban

Equity benchmark indices wobbled through volatile trade during early hours on Tuesday as gains in financial and FMCG stocks were offset by losses in IT stocks. The Trump administration on Monday extended the freeze on the issuance of green cards for new immigrants and suspended a range of work visas for foreigners, including all H-1B and H-4 till the year-end. At 10:15 am, the BSE S-P Sensex was up by 78 points or 0.22 per cent at 34,990 while the Nifty 50 edged higher by 39 points or 0.38 per cent at 10,351. Most sectoral indices at the National Stock Exchange were in the positive terrain but with negligible margins. Among stocks, the losers included Tata Consultancy Services, Bharti Airtel, HDFC Bank, ICICI Bank, Reliance Industries and Vedanta.

Credit: ANI    Duration: 01:18Published
Equity indices trade higher as banking, pharma stocks rally [Video]

Equity indices trade higher as banking, pharma stocks rally

Equity benchmark indices rose by nearly 1 per cent during early hours on Monday led by gains in banking, pharma and metal stocks. At 10:15 am, the BSE S-P Sensex was up by 326 points or 0.94 per cent at 35,057 while the Nifty 50 edged higher by 101 points or 0.99 per cent at 10,346. Except for Nifty IT, all sectoral indices at the National Stock Exchange were in the positive terrain with Nifty PSU bank up by 2.6 per cent, private bank by 2.3 per cent, pharma by 1.8 per cent and metal by 1 per cent. Among stocks, IndusInd Bank was up by 3.1 per cent to Rs 498.70 while ICICI Bank and Kotak Mahindra Bank gained by 3 per cent and 2.2 per cent respectively.

Credit: ANI    Duration: 01:11Published

JSW Steel Ltd JSW Steel Ltd

Sensex opens over 600 points higher, banking and metal stocks shine [Video]

Sensex opens over 600 points higher, banking and metal stocks shine

Equity benchmark indices rose during early hours on Tuesday tracking positive cues from other Asian markets and overnight gains in the United States and Europe. The US Federal Reserve's corporate bond buying programme a day earlier boosted hopes of liquidity in domestic markets and outweighed fears of a resurgence in coronavirus cases worldwide. At 10:15 am, the BSE SandP Sensex was up by 609 points or 1.83 per cent at 33,837 while the Nifty 50 edged higher by 159 points or 1.62 per cent at 9,972. All sectoral indices at the National Stock Exchange were in the positive zone with Nifty metal and private bank gaining by 2.8 per cent each, PSU bank by 2.2 per cent, financial service by 3.1 per cent and realty by 2.5 per cent. Among stocks, metal major JSW Steel rose by 4.5 per cent to Rs 192 per share while Tata Steel rose by 4.4 per cent to Rs 319.70 per share and Hindalco by 3.2 per cent.

Credit: ANI    Duration: 01:24Published

Hindalco Industries Hindalco Industries company


Sun Pharmaceutical Sun Pharmaceutical Indian multinational pharmaceutical company

Equity indices trade lower on profit-booking, Sun Pharma top loser [Video]

Equity indices trade lower on profit-booking, Sun Pharma top loser

Equity benchmark indices traded lower during early hours on Thursday as traders booked profit across counters, a day after the US Federal Reserve said that it sees interest rates near zero through 2022. On the economy front, Standard and Poor's affirmed its rating on India's long-term foreign and local currency sovereign credit at the lowest investment-grade level and retained its stable outlook on the economy. India's long-term rating was affirmed at BBB-minus with a stable outlook while the short-term rating was held at A3. At 10:15 am, the BSE SandP Sensex was down by 80 points or 0.23 per cent at 34,167 while the Nifty 50 edged lower by 23 points or 0.23 per cent at 10,093. Sectoral indices at the National Stock Exchange were mixed. Among stocks, Sun Pharma lost by 2.5 per cent to Rs 486.45 per share.

Credit: ANI    Duration: 01:14Published
Equity indices gain after PM Modi announces Rs 20 lakh crore stimulus [Video]

Equity indices gain after PM Modi announces Rs 20 lakh crore stimulus

Equity benchmark indices traded higher during early hours on Wednesday, a day after Prime Minister Narendra Modi announced an economic stimulus package worth Rs 20 lakh crore amounting to 10 per cent of the GDP to alleviate the pain caused by COVID-19. In an evening address to the nation, the Prime Minister has also said that the countrywide lockdown will extend post-May 17 with new rules to allow more industrial and business activities. At 10:15 am, the BSE S and P Sensex was up by 697 points or 2.22 per cent at 32,068 while the Nifty 50 edged higher by 196 points or 2.13 per cent at 9,393. Except for Nifty pharma, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty private bank up by 3.5 per cent, financial service by 3.1 per cent and auto by 2.8 per cent. Among stocks, private lenders gained the most with ICICI Bank advancing by 5.53 per cent to Rs 338.95 per share, HDFC Bank by 4.1 per cent and Axis Bank by 3.4 per cent. Larsen and Toubro was up by 4.6 per cent, Mahindra and Mahindra by 4.1 per cent, Maruti by 3.5 per cent and Power Grid Corporation by 3.2 per cent. However, those which lost were Nestle India, Sun Pharma, Bharti Airtel, GAIL and Reliance Industries. Meanwhile, Asian equities pulled back on heightened concerns of the second wave of coronavirus infections. Japan's Nikkei was down by 0.46 per cent and South Korea's Kospi lowered by 0.1 per cent and the Shanghai Composite fell by 0.18 per cent.

Credit: ANI    Duration: 01:05Published

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