MARKET WRAP: Sensex off day's high, ends 169 pts up; PSBs, metals advance

All that happened in markets today.

3:52 PM

Ujjivan Small Finance Bank ends debut day at Rs 55.90

3:51 PM

Nifty Bank closes 409 pts higher

3:44 PM

Nifty sectoral indices at close

3:43 PM

Top gainers and losers at S&P BSE Sensex at close

3:42 PM

CLOSING BELL

The benchmark S&P BSE Sensex settled off-day's high at 40,582 level, up 169 points or 0.42 per cent. HDFC Bank, Kotak Mahindra Bank, State Bank of India, Reliance Industries, and Larsen & Toubro were among the top contributors towards the index's gain. In the intra-day trade, the Sensex hit a high and low of 40,713 and 40,491, respectively.

 

On the NSE, the Nifty50 gained 62 points, or 0.52 per cent, to end at 11,972 level.

3:38 PM

Nifty at close

3:37 PM

Sensex at close

3:30 PM

NEWS ALERT | 19.5 lakh shares of TCS worth Rs 397 cr changed hands in multiple blocks in today's trade

3:14 PM

BUZZING STOCK:: Honeywell Automation up 3%

3:07 PM

Contribution to Sensex's gain today

3:01 PM

Nifty sectoral indices at this hour

2:52 PM

NEWS ALERT | Nifty reclaims 12,000-mark

2:44 PM

NEWS ALERT | BPCL roadshows for strategic stake sale likely to start tomorrow: CNBC TV18

-- First round of BPCL roadshow likely at London

-- Next round likely at US, Dubai

 

2:36 PM

EXPERT COMMENT | Vinod Nair, HoR, Geojit Financial Services on Ujjivan SFB

The experience of Ujjivan Financial Services as an erstwhile microfinance institution, coupled with the ability to address mass market customers will further aid Ujjivan Small Finance Bank to be among the leading players in Small Finance Banking space. With strong asset quality and attractive valuation, we have a positive view on a long-term perspective. 

2:35 PM

BUZZING STOCK:: Indiabulls Housing Finance zooms 7%

2:21 PM

Sensex extends gain, up 200 pts now

2:14 PM

Asian Markets check

Asian stocks rose on Thursday to the highest in a month after the Federal Reserve signalled rate settings were likely to remain accommodative, but the imminent UK election and a deadline for Sino-US trade talks kept investors cautious.

The Fed kept interest rates unchanged, as expected, at its policy meeting on Wednesday but indicated interest rates would remain on hold, which nudged Wall Street stocks higher.

 

That helped MSCI's broadest index of Asia-Pacific shares outside Japan climb 0.98 per cent to the highest since November 11. Japan's Nikkei stock index rose 0.22 per cent and US stock futures edged up 0.1 per cent. Australian shares were down 0.65 per cent, however, weighed by the financial sector after a money-laundering scandal.

 

Pan-region Euro Stoxx 50 futures were up 0.03 per cent, German DAX futures FDXc1 were up 0.02 per cent, while FTSE futures FFIc1 were up 0.16 per cent.

(inputs from Reuters)

2:01 PM

Manappuram Finance rallies 8% in two days, trades near record high

Shares of Manappuram Finance moved higher by 2 per cent to Rs 170 on Thursday, inching towards its all-time high level on the BSE. The stock of non-banking finance company (NBFC) was trading close to its record high of Rs 174 touched on November 4, 2019. It rallied 8 per cent in the past two trading days on the back of heavy delivery-based volumes. READ MORE

1:49 PM

BSE500 stocks that hit 52-week high today

COMPANY	PRICE(rs)	52 WK HIGH	CHG(rs)	CHG(%)
AAVAS FINANCIERS	1908.00	1949.05	68.40	3.72
CRISIL	1719.00	1727.55	58.00	3.49
DIVI'S LAB.	1823.00	1840.20	3.05	0.17
DLF	222.80	227.90	-0.10	-0.04
KOTAK MAH. BANK	1700.00	1701.50	13.95	0.83

1:29 PM

Time running out fast for YES Bank as it scouts for a new investor

Yes Bank Ltd. shares tumbled the most in two months after its board deferred an announcement on new investors, prompting a warning about the risks to the Indian financial system if the lender is unable to quickly bolster its capital. READ MORE   

1:23 PM

TCS, Elisa Smart Factory partner to deliver advanced analytics solutions to the manufacturing sector

1:12 PM

BROKERAGE RADAR | Motilal Oswal Financial Services on Strides Pharma

STR is building multiple levers in the form of a healthy ANDA pipeline and a specialized portfolio of injectables/bio pharma to deliver strong earnings growth over the next 3-4 years. We expect earnings to increase 5x over FY19-21, partly led by a low base of FY19. We continue valuing STR on an SOTP basis to arrive at a target price of Rs 440. Maintain Buy.

1:06 PM

NEWS ALERT | L&T Infotech enters into multi-year partnership with Swedish company Hoist Finance: BSE filing

12:55 PM

NEWS ALERT | Godrej Properties adds 4 new residential projects in Navi Mumbai, Thane, Ambernath and Bengaluru: BSE filing

12:53 PM

DHFL hits lower circuit for 5th straight day

- shares were down 5% at Rs 14 hitting 15-year low on the BSE; 

-The stock was trading at its lowest level since September 2004 

12:44 PM

YES Bank extends gain, surges 10%

12:39 PM

Rupee check

(Source: Bloomberg)

12:24 PM

NEWS ALERT | Tech Mahindra bags Rs 500 cr Smart City project in Pune: CNBC TV18

12:19 PM

From Polycab India to IRCTC, IPOs that doubled your money in 2019

Calendar year 2019 (CY19) has turned out to be a good year for those who invested in equities via the primary market route with most of the new listings outperforming the S&P Sensex. As many as 92 per cent of the stocks of companies that listed in 2019 are trading well above their issue price and have given a return of over 200 per cent. READ MORE

12:06 PM

Hero MotoCorp trades at day's high