Markets ignore geopolitical tension, Sensex ends 376 points higher

All that happened in the markets today

3:46 PM

MARKET STATS

3:44 PM

MARKET UPDATE :: Nifty gainers in today's session

3:38 PM

Sectoral trends on NSE at Close

3:37 PM

Sensex Heatmap at Close

3:35 PM

Closing Bell

>> The S&P BSE Sensex settled the day at 33,605.22 level, up 376.42 points or 1.13 per cent

>> Nifty50 closed around 9,900-mark, at 9,914 level, up100.30 point or 1.02 per cent. 

>> In the broader markets, the S&P BSE MidCap index ended at 12,495.37, up 40.42 points or 0.32 per cent, while the S&P BSE SmallCap index was at 11,849.62, up 4.77 points or 0.04 per cent.

3:25 PM

Index contributors at this hour

3:17 PM

Advance tax collection falls 31% in Q1, corporation tax mop-up down 79%

The gross advance tax collection fell 31 per cent in the first quarter of the current fiscal, with advance corporation tax mop-up declining 79 per cent, an official said on Tuesday. "Gross direct tax collection fell a full 31 per cent to Rs 1,37,825 crore in the first quarter of FY21, down from Rs 1,99,755 crore in the June 2019 quarter," an income tax official told PTI. READ MORE

3:17 PM

MARKET UPDATE :: Sensex up 400 pts

3:08 PM

Recovery from intra-day lows in today's session

COMPANY	DAY'S LOW(RS)	DAY'S HIGH(RS)	LATEST(RS)	RISE(%)
HATHWAY CABLE	27.50	32.75	32.30	17.45
ZENSAR TECH.	116.85	136.90	136.90	17.16
SWAN ENERGY	114.50	131.80	131.50	14.85
ALKYL AMINES	1825.00	2150.00	2091.90	14.62

2:57 PM

Nifty MNC index slips 0.28%

2:47 PM

91 of 133 PMS strategies beat benchmarks in one year, shows data

The study considers point-to-point returns for different periods and total return index for both categories. For PMS, post-fees returns are considered for 133 strategies for one year, 81 strategies for three years, 49 strategies for five years, and 25 strategies for 10-year period. For MFs, 401, 294, 253, and 201 schemes are considered for the respective periods based on the data by Association of Mutual Funds in India. READ MORE

2:38 PM

MARKET UPDATE:: Sensex reclaims 33,500 after swift up move

2:31 PM

Bank of Japan keeps policy steady, to pump $1 trn to combat health crisis

The Bank of Japan kept monetary policy steady on Tuesday and stuck to its view that the economy will gradually recover from the damage caused by the coronavirus pandemic, signalling that it has taken sufficient steps for now. As widely expected, the central bank maintained its pledge to guide short-term interest rates at -0.1% and the 10-year government bond yield around 0% by a 8-1 vote. READ MORE

2:24 PM

Pralay Mondal quits Axis Bank; stock falls 11% in intra-day trade

Shares of Axis Bank has dipped 8 per cent to Rs 360 on the BSE in intra-day trade, falling 11 per cent from its opening level on Tuesday after the lender informed exchanges that its executive director Pralay Mondal has cited pursuing other career opportunities and tendered his resignation. Mondal joined Axis Bank in April 2019. READ MORE

2:21 PM

NEWS ALERT | Maruti Suzuki ties up with IndusInd Bank to offer a range of finance options for customers: CNBC TV18

2:14 PM

Earnings Alert | Ipca Labs Q4

>> Net profit at Rs 83 crore

>> Revenue at Rs 1,074 crore

>> EBITDA at Rs 168.5 crore; margin at 15.7%

2:07 PM

Rupee Closing

Rupee ends weaker at 76.21 per US dollar vs Monday's close of 76.03/$

1:58 PM

MARKET CHECK :: Indices volatile; Sensex up 140 pts

1:53 PM

NEWS ALERT :: Advance tax collection in June quarter plunges 31%, reports PTI quoting govt official

1:46 PM

India VIX surges 8%

1:39 PM

NEWS ALERT :: Indo-China border tension trigger sell-off

1:32 PM

MARKET CHECK :: Indices in the red

1:20 PM

What makes Morgan Stanley, Goldman Sachs, CLSA bullish on RIL

The recent rally has been fuelled by the Mukesh Ambani-controlled firm’s ability to garner 10 back-to-back foreign investments in its subsidiary, Jio Platforms, for a whopping Rs 1.04 trillion. Till June 13, Jio Platforms has raised a total of Rs 104,326.95 crore in 10 deals with leading global investors – Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton.

 

But the rally in the stock price may not be over just yet. According to Morgan Stanley, multiple triggers – asset sales, pickup in energy cash flows, increased traction in omni-channel retail and rise in telecom average revenue per user (ARPUs) – could further drive the stock. READ MORE

1:08 PM

Stock of this kitchen and dining ware manufacturer has zoomed 175% in June

The Ministry of Finance had recently proposed to impose basic customs duty (BCD) on solar cell and module imports to encourage domestic manufacturing. “Although the news does not pertain directly to imposition of custom duty on glass, it would have a direct bearing on increased production of Photo Voltaic modules in India, which would lead to a corresponding increase in demand for solar glass in due course,” Borosil Renewables said on June 10.

 

This may be the probable reason for increase in trading volume of the share, the company said on clarification to stock exchange on sudden increase in volume and price of security. READ MORE

12:58 PM

Europe opens higher

(Source: Reuters)

12:42 PM

Telecom stocks trade lower in an otherwise firm market

COMPANY	LATEST(rs)	CHG(%)
VODAFONE IDEA	9.68	-4.54
BHARTI AIRTEL	548.55	-0.42
TEJAS NETWORKS	49.00	-2.39

12:32 PM

Hindalco: Tiding well over Covid-led disruption with tight cost control

The strong performance of Hindalco's India business, despite lockdown and weak base metal prices, was a positive surprise in the March 2020 quarter (Q4). The performance of Hindalco, a global producer of aluminium and copper, was boosted by better-than-expected volumes and cost efficiencies that supported profitability of domestic operations. READ MORE

12:20 PM

BUZZING STOCK:: Sensex erases 400 points from day's top

12:20 PM

BUZZING STOCK:: Sensex erases 400 points from day's top

12:09 PM

Stocks that hit 52-week high on BSE today

COMPANY	PRICE(rs)	52 WK HIGH	CHG(%)
ADANI GREEN	363.40	363.40	5.00
ALEMBIC PHARMA	927.45	943.00	4.21
ASTRAZENECA PHAR	3527.00	3562.50	2.83
BAYER CROP SCI.	5704.00	5714.00	4.00
DHANUKA AGRITECH	738.00	741.55	7.02