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MARKET WRAP: Indices end flat ahead of Economic Survey; Nifty holds 11,900

In the broader market, S&P BSE Mid-Cap ended 16 points, or 0.11 per cent higher at 14,962 levels while the S&P BSE Small-Cap gained 37 points, or 0.26 per cent, to settle at 14,320 levels

SI Reporter New Delhi
Markets
Markets

3 min read Last Updated : Jul 03 2019 | 3:50 PM IST

3:44 PM

Sectoral gainers and losers on NSE

3:42 PM

Top gainers and losers on S&P BSE Sensex

3:36 PM

CLOSING BELL

The S&P BSE Sensex gained 23 points or 0.05 per cent to end at 39,839 while NSE's Nifty50 index settled at 11,917 , up 6 points or 0.05 per cent. 

3:28 PM

NEWS ALERT | HDFC Q1: Profit on sale of investments at Rs 1,895 crore vs Nil (YoY)

3:26 PM

NEWS ALERT | BK Birla, chairman of BK Birla Group of companies passes away at 98: CNBC TV18

-- Birla Group companies include Century tiles, Kesoram

3:15 PM

Buzzing | Jain Irrigation sees sharp surge

3:02 PM

NEWS ALERT | Lupin receives US FDA approval for Phenylephrine & Ketorolac Intraocular Solution

3:00 PM

NEWS ALERT | HDFC to consider issue of NCDs worth Rs 45,000 cr on Aug 2

Source: BSE filing

2:49 PM

Macroeconomic uncertainties weigh on prices of non-ferrous metals: ICRA

Even though international prices of the three non-ferrous metals viz. aluminium, copper and zinc have witnessed corrections of 20%, 13% and 16% respectively in the last one year, primarily due to macroeconomic uncertainties on the back of ongoing trade wars and other country-specific factors, the fundamental supply-demand balance suggests otherwise. While global consumption growth of aluminium and copper during Q1 CY2019 was muted at ~1.4% and ~0.8% respectively, as against ~4% and ~2.3% respectively in CY2018, consumption of zinc registered a de-growth of ~1.3%, as against ~0.3% de-growth registered in the last calendar year. Despite muted consumption levels, the markets of the three key non-ferrous metals continued to remain in deficit in this period, with shortages in fact expanding on a Y-o-Y basis, as production growth was even lower than the growth in demand. As per an ICRA note, the slowdown in production growth of aluminium and copper was in turn a result of capacity constraints, which is unlikely to improve significantly in CY2019. Production of zinc may improve in the second half of the year, which may bring the market back into a balance.

2:49 PM

NEWS ALERT | GAIL commissions 165 km Gorakhpur National Gas Pipeline Project

2:43 PM

Market check

2:40 PM

Budget 2019: Govt may cut taxes on biz, hike spending for economic growth

Prime Minister Narendra Modi's government on Friday will unveil a budget that is expected to cut taxes on business and raise spending in a bid to shore up consumption and faltering economic growth. Analysts say Modi, boosted by a sweeping election victory, hopes to use the budget to restart reforms and deal with a series of economic woes. READ MORE

2:24 PM

MARKET CHECK | Top gainers on BSE at this hour

DHFL 81.95 +6.65 +8.83
 
IBULHSGFIN 693.20 +51.50 +8.03
 
DISHTV 31.70 +1.95 +6.55
 
PRESTIGE 284.00 +13.55 +5.01
 
MANPASAND 41.00 +1.95 +4.99

2:16 PM

NEWS ALERT | Cabinet approves Code on Wages Bill: CNBC-TV18

2:15 PM

NEWS ALERT | Cabinet approves minimum support price on Kharif crop: CNBC-TV18

Topics :MARKET WRAP

First Published: Jul 03 2019 | 7:57 AM IST