MARKETS: Indices end near record high, Sensex up 413 pts, Nifty tops 12,150

All that happened in the markets today

3:41 PM

Sectoral trends at NSE at close

3:40 PM

Sensex heatmap at close

3:39 PM

Closing Bell

>> The benchmark S&P BSE Sensex settled near record high levels of 41,401.65, at 41,352.17-mark, up 413.45 points or 1.01 per cent. Select heavyweights like Bharti Airtel, and HDFC twins, which also hit record highs today, lifted the index along with metals stocks like Tata Steel and Vedanta. 

>> On the NSE, the Nifty50 index closed at 12,165-mark, up 111 points or 0.92 per cent. The index, too, hit a fresh record high of 12,182.75 during the last trading hour. 

3:27 PM

Buzzing | Avenue Supermarts surges over 7% on heavy volume

3:24 PM

NEWS ALERT | STOCK MARKETS TO REMAIN OPEN ON FEB 1 FOR BUDGET 2020-21: CNBC TV18

Alert: Feb 1 is Saturday

BSE Stock Exchange (Photo- Boomberg)

3:14 PM

Market check | Sensex surges 400 pts

3:06 PM

NEWS ALERT | Nifty hits record high, crosses earlier level of 12,159

-- Nifty50 hits record high after 12 trading sessions

-- Nifty50 hits record high for the 9th time in 2019

2:57 PM

Global Markets check

Trade deal optimism, positive economic signals in China and Wall Street’s rally sent Asian shares to an 18-month high.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 1 per cent to its highest since June 2018. Japan's Nikkei touched its firmest in more than year, while markets from Shanghai to Seoul and Hong Kong all rose by more than a percentage point.

European shares paused after a record run on Tuesday as a sales warning from Unilever and concerns that Britain’s Prime Minister Boris Johnson could take a hard stance on the transition period for Brexit dented UK stocks.

The FTSE 100 slipped 0.2 per cent, handing back gains after its strongest rally in nearly a year on Monday after reports that Johnson will use his control of parliament to outlaw any extension of the Brexit transition period beyond 2020. The UK's domestically-focused mid-cap index was down 1.1 per cent.

 

The broader European equities index , down 0.5 per cent, came off record highs. Consumer goods giant Unilever (ULVR.L) slid 5.9 per cent after it warned that 2019 sales would grow slightly below its expectations, citing tough trading conditions in West Africa and a slowdown in south Asia.

(inputs from Reuters)

2:52 PM

NEWS ALERT | Fin Min sets GST collection target at Rs 1.1 trillion/month for the next 4 months: sources to CNBC TV18

-- One of the next four months must touch Rs 1.25 trillion mark

-- Revenue dept to start aggressively collecting arrears of the past 3 months

-- Fin Min says, Revenue, CBIC, CBDT depts should not take cut in corporation tax as an excuse for lesser tax payment

-- Maximise tax collection, but not harass honest tax payer

2:43 PM

Nifty Metal index up over 3%; Tata Steel hits over 4-month high

Shares of metal companies, mainly steel, were in focus on Tuesday with Nifty Metal index surging more than 3 per cent intra-day as analysts remain ‘overweight’ on Indian steel industry and see a likely consensus earnings upgrade cycle in sector major. Among individual stocks, Jindal Steel & Power rallied 8 per cent to Rs 148 on the National Stock Exchange (NSE). Tata Steel hit an over four-year high of Rs 442, soaring 5 per cent today. READ MORE

2:37 PM

NEWS ALERT | Synergy Group seeks extension from lenders to submit bid for Jet Airways: CNBC TV18

Alert: Deadline to submit bid was Dec 16

2:36 PM

NEWS ALERT | Fitch Ratings affirms Bank of Baroda 's long-term rating at 'BBB-': CNBC TV18

2:34 PM

NEWS ALERT | Fitch affirms Shriram Transport's long term issuer default rating at 'BB+', outlook stable

2:24 PM

BUZZING STOCK:: NIIT Tech zooms 10%

2:16 PM

Pharma stocks trade higher

COMPANY	LATEST(rs)	CHG(rs)	CHG(%)	VOLUME
SUN PHARMA.INDS.	428.30	-6.70	-1.54	799341
AUROBINDO PHARMA	447.70	-7.05	-1.55	96401
BLISS GVS PHARMA	148.95	-0.05	-0.03	65159
GLENMARK PHARMA.	345.00	1.15	0.33	60583
BIOCON	290.05	-5.50	-1.86	58433

2:06 PM

Nifty sectoral indices at this hour

2:02 PM

SBI, other PSBs to lend Rs 4,000 cr to Patanjali for Ruchi Soya acquisition

State Bank of India (SBI) and other public sector banks have decided to lend Rs 4,000 crore to Patanjali Ayurved for the acquisition of Ruchi Soya, which was facing bankruptcy proceedings under the Insolvency and Bankruptcy Code. The money lent by banks will help the government owned banks to settle their exposure to Ruchi Soya with a haircut of 65 per cent.

 

Apart from SBI, Union Bank is also one of the banks lending to Patanjali. Banks led by SBI and others had earlier made claims of over Rs 12,146 crore against Ruchi Soya after the company failed to repay its loans. READ MORE

1:50 PM

Rupee near day's high

1:42 PM

Jindal Steel zooms 6%

1:37 PM

NEWS ALERT | Unilever Plc drops 5% in Amsterdam after sales growth warning: CNBC TV18

1:29 PM

BSE500 stocks that hit 52-week high today

COMPANY	PRICE(rs)	52 WK HIGH	CHG(rs)	CHG(%)
ASTRAZENECA PHAR	2891.05	2927.25	16.75	0.58
BAJAJ FINSERV	9318.90	9345.40	32.15	0.35
DLF	229.75	231.40	-0.55	-0.24
H D F C	2423.70	2428.00	51.30	2.16

1:19 PM

NEWS ALERT | Infy Deputy CFO Jayesh Sanghrajka withdraws resignation: CNBC TV18 quoting unnamed sources

-- He will stay as Deputy CFO with additional responsibilities. 

 

Alert: Infosys declined to comment

1:17 PM

Paper stocks trade higher

COMPANY NAME	LATEST	HIGH	LOW	CHG (rs)	CHG(%)
JK PAPER	131.25	134.90	128.00	5.75	4.58
ORIENT PAPER	28.25	29.75	26.25	2.85	11.22
BALLARPUR INDS.	0.47	0.47	0.47	-0.02	-4.08
STAR PAPER MILLS	119.35	120.25	113.90	10.00	9.14
MALU PAPER	30.15	30.15	28.50	2.70	9.84

1:06 PM

FII trading activity :: Equity segment

DATE	BUY VALUE (rs CR)	SALE VALUE (rs CR)	NET VALUE (rs CR)
13-DEC-2019	4686.55	4569.06	117.49
12-DEC-2019	4587.82	5202.78	-614.96
11-DEC-2019	4941.73	4557.64	384.09
10-DEC-2019	4305.38	4487.31	-181.93

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1:02 PM

Most active stocks by volume

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
VODAFONE IDEA	6.48	-0.13	-1.97	10699881
SUZLON ENERGY	1.98	-0.06	-2.94	4506714
YES BANK	47.75	0.95	2.03	3893136
RELIANCE POWER	3.53	0.16	4.75	2757105
TRIDENT	7.35	-0.95	-11.45	2428653

1:00 PM

Year in Review: Major factors that affected markets in 2019

Equity markets appeared quite nonchalant to the steady deterioration in the macro indicators in calendar year 2019 (CY19). While the indices moved up to record highs, gains were limited to a handful of index stocks. The benchmark S&P BSE Sensex gained an impressive 13.7 per cent during the period, while NSE's Nifty added 11.2 per cent. The broader market, however, continued to reel under pressure with the S&P BSE Midcap and S&P BSE SmallCap indices sliding 4 per cent and 9 per cent, respectively READ MORE

12:59 PM

Mid-and-small cap MFs hold cash positions, fund managers delay investment

he sharp dip in equity flows in November may come as a source of relief for some fund managers, especially in the mid- and small-cap segment where over a dozen equity schemes are still holding cash positions between 7 per cent and 20 per cent. Industry experts say schemes that had been attracting investor flows are yet to find suitable investment opportunities to fully deploy investor funds READ MORE

12:45 PM

Top gainers on the BSE at this hour

12:32 PM

NEWS ALERT | SC court stays Bombay HC judgement, allows for the Project to resume in part: CNBC TV18

-- Partially lifts stay on construction of Mumbai Coastal Road Project

-- Marginal relief for the Rs 14,000 cr Mumbai Coastal Road Project

12:27 PM

Whirlpool of India slips 6% after MD Sunil D'Souza steps down

Shares of Whirlpool of India slipped 6 per cent to Rs 2,122 on the BSE on Tuesday after the consumer durable maker's Managing Director Sunil D'Souza resigned from the company.

 

In a meeting held on Monday, the board of the company accepted the resignation of D'Souza, who, according to the exchange filing, has decided to pursue interests outside of the company. His resignation will be effective from April 3, 2020. READ MORE