MARKET WRAP: Sensex tumbles 587 pts, Nifty below 10,750; small-caps bleed

All the sectors ended in the red except Nifty IT index, which gained on the back of a weaker rupee. The domestic currency slumpped 40 paise intra-day to hit a 2019 low of Rs 71.96/ US dollar.

3:38 PM

Sectoral losers and gainers on the NSE

3:38 PM

Losers and gainers on the S&P BSE Sensex

3:35 PM

CLOSING BELL

The S&P BSE Sensex tanked 587 points or 1.59 per cent to settle at 36,473 while NSE's Nifty50 index settled at 10,741 levels, down 177 points or 1.62 per cent. 

3:23 PM

Market check

3:02 PM

Market check

3:01 PM

Market check

2:58 PM

Nifty IT index trades with gains as Rupee weakens

2:56 PM

NEWS ALERT | Rupee slips around 40 paise from Wednesday's close of 71.56/$

-- Rupee trades at lowest level in 2019

2:54 PM

NEWS ALERT | Lupin launches Fluoxetine Tablets USP, 10 mg & 20 mg, generic equivalent Prozac Tablets

2:48 PM

Bank of India hits 52-week low

2:35 PM

DHFL at day's low

2:34 PM

NEWS ALERT | JK Tyre promoter releases pledge on 50 lakh shares (2% equity) on August 20

2:30 PM

Reliance Capital cracks over 20%

2:29 PM

NEWS ALERT | Suparna Singh resigns as NDTV's Interim CEO: BSE filing

2:26 PM

Rupee at 2019 low

2:18 PM

Vedanta extends loss, now down 9%

2:10 PM

Top gainers and losers on S&P BSE Sensex at this hour

2:08 PM

Nifty below 10,800

2:06 PM

Rupee Check | Inching towards Rs 72/$; near day's low

2:05 PM

IPO Alert | IRCTC files DRHP with SEBI for IPO

-- Indian Railway Catering and Tourism Corporation (IRCTC), the railways’ tourism and catering arm, on Thursday filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO).
 

-- Market sources state that the IPO would be worth around Rs 500-600 crore.
 

-- Up to 50 per cent of the offer will be available for allocation to qualified institutional buyers (QIBs). Further, up to 15 per cent of the offer shall be available for allocation on a proportionate basis to non-institutional bidders and 35 per cent of the offer will be available for the allocation to retail individual bidders 

2:02 PM

Market check

1:59 PM

NEWS ALERT | Expect another two or three rate cuts between 40 and 65 bps: Morgan Stanley

-- Sees repo rate to ease up to 4.75-5%

1:58 PM

NEWS ALERT | RBI's projection of growth at 6.9% for FY20 is optimistic: Morgan Stanley

1:52 PM

Contribution to Sensex

COMPANY	LATEST	CHG(RS)	CHG(%)	FREE FLOAT MKT CAP (RS CR)	CONTRIBUTION (POINTS)
TCS	2228.10	42.25	1.93	229661.13	41.64
HIND. UNILEVER	1873.85	23.95	1.29	132153.89	16.05
ITC	242.55	0.95	0.39	296614.73	10.93
MARUTI SUZUKI	6268.00	45.05	0.72	82712.46	5.62
AXIS BANK	667.55	2.55	0.38	142874.06	5.14
HCL TECHNOLOGIES	1080.65	8.90	0.83	58146.72	4.53
TECH MAHINDRA	680.15	7.70	1.15	41515.02	4.46
BAJAJ AUTO	2767.20	3.20	0.12	36791.66	0.40
TATA MOTORS-DVR	52.05	-0.80	-1.51	2687.42	-0.38
SUN PHARMA.INDS.	416.50	-0.80	-0.19	46056.48	-0.83
BHARTI AIRTEL	353.70	-0.95	-0.27	67341.84	-1.69
TATA STEEL	340.10	-2.95	-0.86	25894.63	-2.23
M & M	518.15	-2.45	-0.47	52424.00	-2.31
POWER GRID CORPN	203.75	-1.05	-0.51	48214.33	-2.32
TATA MOTORS	110.10	-2.20	-1.96	20103.46	-3.69
INFOSYS	798.25	-1.30	-0.16	296974.73	-4.56
HERO MOTOCORP	2659.60	-54.60	-2.01	35240.50	-6.65
NTPC	116.30	-1.65	-1.40	51350.79	-6.74
O N G C	119.55	-1.60	-1.32	54867.64	-6.80
ASIAN PAINTS	1567.90	-21.55	-1.36	71656.22	-9.11

1:40 PM

NEWS ALERT | Certain recommendations of DTC could be implemented within this year: CNBC TV18

Alert: DTC is Direct Tax Code

1:39 PM

NEWS ALERT | Cash-for-clunkers style scrappage policy for automobiles being considered: sources to CNBC TV18

1:38 PM

NEWS ALERT | Govt not keen on loosening purse strings: sources to CNBC TV18

--  Govt has to be mindful of borrowing cost before considering relief measures

-- Q1FY20 GDP growth expected to be arond 5.5%

-- Rise in bond yield has negated RBI's rate cut

1:30 PM

Hindustan Unilever hits record high in weak market, up 12% in one month

In the past one-month, HUL has outpaced the market by surging 12 per cent against a three per cent decline in the benchmark index, after it reported in-line April-June quarter (Q1FY20) earnings. The outperformance of the stock has helped regain the Rs 4-trillion market valuation mark. READ MORE

 

1:16 PM

Tata Steel-Thyssenkrupp JV update

• Thyssenkrupp files a complaint with the General Court of the European Union (EGC) against the European Commission's decision to prohibit the formation of a European flat steel joint venture with Tata Steel
• EU Commission prohibited formation of joint venture between Tata Steel & Thyssenkrupp

 

1:14 PM

MARKET CHECK | HUL hits record high