MARKET WRAP: Sensex gains 162 pts, Nifty ends at 10,845; bank stocks rally

All that happened in markets today.

3:49 PM

Sensex heat map

3:48 PM

Sector-wise performance

(Percentage change; Image source: NSE)

3:46 PM

Nifty snapshot

3:40 PM

CLOSING BELL

The S&P BSE Sensex rallied 162 points or 0.44 per cent to settle at 36,724 while NSE's Nifty50 index ended at 10,845, up 47 points or 0.43 per cent. 

3:24 PM

JSW Steel gains nearly 2.50%

3:14 PM

MARKET CHECK | Top gainers on the BSE at this hour

3:03 PM

Stocks that hit 52-week low on BSE

COMPANY	PRICE(rs)	52 WK LOW	CHG(rs)	CHG(%)
ALLCARGO LOGIST.	88.90	87.35	-0.20	-0.22
AMBUJA CEM.	190.35	188.50	-2.90	-1.50
BALKRISHNA INDS	714.80	682.65	-15.15	-2.08
BHARAT FORGE	381.00	378.00	-0.95	-0.25
BLUE DART EXP.	2170.00	2158.40	-62.70	-2.81

3:02 PM

Gainers and losers on S&P BSE Sensex

3:01 PM

Maruti Suzuki India down over 3%

2:57 PM

Buzzing | IFB Agro Industries soars 13%

2:51 PM

Vascon Engg surges on receipt of order worth Rs 465 cr

2:50 PM

Global markets check

Easing worries over political risk in Britain and Italy helped stocks rise on Wednesday with the pound bouncing from three-year lows after a parliamentary vote raised the prospect of another delay to Brexit.

Global stocks rose 0.4 per cent, as Europe rallied 1.1 per cent and after a positive session in Asia following a report showing that growth in China’s service sector accelerated despite broader economic headwinds. UK developments lifted the pound 0.56 per cent to $1.2155 after sliding on Tuesday to its lowest since October 2016.

2:49 PM

Bharat Electronics Limited up 5%

2:39 PM

NEWS ALERT | Govt discussed pace of execution of infra projects at the meeting: IRCON to CNBC TV18

-- Financing, land issues discussed at the meeting

-- Discussed contract clauses that need to be more friendly

-- Infra companies should look at how they are quoting their businesses

-- Govt positive on resolving issues

Alert: Fin Min held meeting with representatives from infrastructure and construction sectors today

2:34 PM

NEWS ALERT | Govt invites EoI for investment in BEML's subsidiary Vignayan Ind: CNBC TV18

2:33 PM

NEWS ALERT | Vascon Engg gets tender worth Rs 465 cr from Maharashtra govt

2:24 PM

NEWS ALERT | PMO asks Finance, DEA, Dipam, Oil secretaries on possible off-market transactions w.r.t divestment: sources to ET Now

-- PMO also re-evaluating PSUs' dividend policy 

-- Cash rich PSUs, not investing, may have to pay higher dividend

2:20 PM

NEWS ALERT | PMO receives feedback to not launch ETFs as they crowd out markets: sources to ET Now

-- PMO, Fin Min to finalise roadmap on strategic divestment soon

-- PMO studying possibility of monetising land parcels of Air India, Railways
 

2:15 PM

NEWS ALERT | Held detailed discussion with Infra sector representatives: Govt official to CNBC TV18

-- Hopeful that next set of announcements will be for homebuyers

-- Wanted to understand the issues first, before moving ahead with solutions

2:00 PM

NEWS ALERT | NCLAT to hear Jet Airways insolvency case on Sept 20: ET Now

1:57 PM

Commodity Alert | Silver rates hit Rs 50,000 on MCX

1:54 PM

Rupee check

1:53 PM

NEWS ALERT | Union Finance Minister Nirmala Sitharaman holding consultation with representatives of infra & construction sectors today: CNBC TV18

1:32 PM

BUZZING STOCK:: HDFC Bank

1:16 PM

Market check | Sharp surge in Sensex

1:14 PM

BUzzing | Escorts falls over 7%

1:06 PM

Trade war damage piles weight onto consumers, fans global recession fears

There's a lot of weight on the shoulders of shoppers around the world, and the strain is starting to show.

 

As threats to demand ranging from US-China trade tensions to Brexit hit business confidence and investment, consumers are proving the main drivers of global growth. JPMorgan Chase & Co reckons global retail sales volumes charged ahead at a rate of 4.8% in the last quarter, buoyed by still-tight labour markets. READ MORE

1:00 PM

Nifty sectoral indices at this hour

12:55 PM

Most active stocks by volume

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
YES BANK	57.70	-1.10	-1.87	5323191
VODAFONE IDEA	4.92	-0.20	-3.91	4653813
TATA MOTORS	106.40	-6.25	-5.55	2851571
RELIANCE POWER	3.48	-0.04	-1.14	2259885
ASHOK LEYLAND	61.40	-3.95	-6.04	1952460

12:53 PM

NEWS ALERT :: Maruti Suzuki

Maruti Suzuki announces that the co will shutdown passenger vehicle manufacturing operations at their Gurugram and Manesar plants, in Haryana, on 7th & 9th September: Reports

(Image source: NSE)