Sensex ends volatile session with minor gains; Indiabulls Housing down 8.5%

All that happened in the markets today

4:02 PM

Stocks that hit 52-week low on S&P BSE Sensex

COMPANY	PRICE(rs)	52 WK LOW	CHG(rs)	CHG(%)
ALEMBIC PHARMA	468.00	468.00	-12.85	-2.67
AMARA RAJA BATT.	581.75	576.20	-17.70	-2.95
BAYER CROP SCI.	3285.00	3276.00	-55.75	-1.67
BHARAT FORGE	434.95	430.55	-4.40	-1.00
BOMBAY BURMAH	989.95	943.00	-39.20	-3.81

4:01 PM

Most active stocks by volume

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
RELIANCE POWER	4.18	-0.39	-8.53	10229617
JAIN IRRIGATION	19.70	-7.70	-28.10	9750044
YES BANK	103.25	-6.05	-5.54	9484768
RELIANCE INFRA.	42.75	-3.05	-6.66	8445543
RELIANCE CAPITAL	54.05	-9.50	-14.95	6454760

4:00 PM

Nifty sectoral indices at close

4:00 PM

Heatmap: S&P BSE Sensex

3:59 PM

Market at close

3:36 PM

Market at close

The S&P BSE Sensex ended at 39,112, up 66 points while the broader Nifty50 index remained unchanged at 11,691

3:27 PM

Trent surges 5% on board nod for preferential issue of shares to Tata Sons

Trent shares moved higher by 5 per cent to Rs 415 in intra-day trade on the BSE in an otherwise weak market on Wednesday, after the company announced plans to raise up to Rs 1,550 crore through a combination of issuance of shares to its promoter Tata Sons on a preferential basis and other options to fund its expansion. As of March 31, 2019, Tata Sons held 27.74 per cent stake in Trent. READ MORE

3:16 PM

Kotak Mahindra Bank gains over 2%

3:15 PM

NEWS ALERT | Coffee Day promoters create pledge on 17 lakh shares from June 11-17: CNBC TV18

2:53 PM

Market check | Nifty50 trades below one-month low

2:52 PM

Market check | Sensex slips below 38k levels

2:41 PM

BSE Oil & Gas index is trading 1.3% lower

2:37 PM

Market check | Broader markets take deeper cuts

-Nifty Mid-Cap slips over 1% while Nifty Small-Cap dips nearly 2%

2:35 PM

Market check | Sensex turns red

2:34 PM

Sector Update :: HDFC Securities on IT

- In the current rising leg from 15,015 levels, all dips are just minor retracements before next rises and this leg could head towards new life highs i.e. above 16,300 levels.

 

- Traders can maintain mildly positive stance in IT stocks: upside target is placed at 16,290 with a stoploss of 15,623 on closing basis. Stocks to watch: INFY, TCS,

HEXAWARE & FSL.

(Recommendations based on BSE IT index)

 

2:25 PM

NEWS ALERT | Will soon get report on high power tariff charged by Adani Power: Maha Power Minister

2:24 PM

NEWS ALERT | Excess amount charged by Adani for electricity bill to be adjusted: PTI quoting Maharashtra Power Min

2:09 PM

Indiabulls Housing, Escorts among 57 stocks that hit 52-week lows on BSE

A sharp sell-off in mid-and-small cap stocks in late morning deals saw 57 stocks from the S&P BSE 500 index hitting 52-week lows on the BSE in intra-day trade on Wednesday. Indiabulls Housing Finance, Indiabulls Ventures and Indiabulls Integrated Services from Indiabulls Group, Reliance Capital, Reliance Infrastructure, Reliance Communications and Reliance Power from Reliance Anil Ambani Group, TVS Motor Company and TVS Srichakra from TVS group and TV18 Broadcast and Network18 Media from Reliance Mukesh Ambani Group hit their fresh 52-week lows on the BSE. READ MORE

1:53 PM

OMCs trade lower as crude oil price rise

COMPANY NAME	LATEST	HIGH	LOW	CHG (rs)	CHG(%)
GAIL (INDIA)	306.75	310.95	305.00	-1.30	-0.42
RELIANCE INDS.	1284.00	1301.15	1280.25	1.45	0.11
I O C L	153.60	157.80	153.20	-4.00	-2.54
O N G C	165.55	169.10	165.15	-0.55	-0.33
H P C L	292.65	302.70	291.45	-8.75	-2.90
INDRAPRASTHA GAS	334.55	343.15	333.60	-5.30	-1.56
B P C L	378.00	386.00	377.95	-7.70	-2.00
CASTROL INDIA	139.20	142.10	138.85	-1.60	-1.14
PETRONET LNG	234.50	237.90	233.45	1.05	0.45
OIL INDIA	172.70	174.40	172.40	-0.55	-0.32

1:30 PM

Indiabulls group stocks tumble 20%; Lakshmi Vilas Bank slides 8%

Indiabulls Group stocks came under heavy pressure in the late morning deals on Wednesday. Indiabulls Housing Finance tumbled as much as 20 per cent to Rs 488 apiece on the National Stock Exchange (NSE) while shares of Indiabulls Ventures and Indiabulls Real Estate ,too, plunged up to 20 per cent. READ MORE

1:19 PM

Stocks that hit 52-week high on S&P BSE Sensex

COMPANY	PRICE(rs)	52 WK HIGH	CHG(rs)	CHG(%)
MANAPPURAM FIN.	134.25	143.80	-7.45	-5.26
P I INDS.	1191.30	1229.30	-7.45	-0.62
SRF	2997.10	3044.25	-13.75	-0.46

1:03 PM

Check out the top 5 losers on BSE at this hour

Security	LTP (₹)	Change	% Change
JISLJALEQS	21.15	-6.25	-22.81
JETAIRWAYS	31.40	-9.05	-22.37
HDIL	14.45	-2.80	-16.23
ARVIND	60.75	-8.15	-11.83
RELCAPITAL	57.15	-6.40	-10.07

12:50 PM

MARKET CHECK | Top gainers on BSE at this hour

Security	LTP (₹)	Change	% Ch.
GRANULES	96.60	+5.35	+5.86
AVANTI	366.15	+13.95	+3.96
BLUESTARCO	782.00	+27.45	+3.64
TATASTEEL	489.30	+16.55	+3.50
NMDC	108.30	+3.10	+2.95

12:49 PM

NEWS ALERT | OPEC agrees to move its meeting to July 1-2: Agencies

12:40 PM

NEWS ALERT | Blue Star bags order worth Rs 253 cr from Mumbai Metro Rail Corporation: BSE filing

12:39 PM

NEWS ALERT | J&K Bank's former chairman Parvez Ahmed's house raided by Anti-Corruption Bureau: CNBC TV18

12:26 PM

Wockhardt slips over 5.6%

12:14 PM

NEWS ALERT | L&T Constructions bags order in the range of Rs 1,000 cr to Rs 2,500 cr

12:10 PM

Sector Update :: Anand Rathi Financial Services on Chemicals

Specialty Chemicals - Growth persists, margins sustain; chemicals story still alive

Sector growth: The y/y increase in chemicals companies' Q4 FY19 revenues averaged ~12% (21% the quarter prior), driven by volumes despite realisations dipping. Q/q the sector grew 3%. The highest revenue growth was influorochemicals (28% y/y, 2% q/q) followed by aromatics (26% y/y, -2% q/q). Phthalic anhydride growth came at a negative 2% y/y while explosives revenues fell 6% y/y.

Valuation: The sector trades at an average EV/EBITDA and P/E of12.3x and 16.2x FY19 respectively. This gives it an average PEG of 1.1x inFY19.  Risks: The re-opening of chemicals factories in China, raw-material pass-through challenges, increase in effluent-treatment-compliance costs.

12:08 PM

Nifty Pharma index is trading 1% lower