Sensex tumbles 363 pts, Nifty below 11,600 on Trump's trade threat to China

All that happened in the markets today

3:45 PM

Top losers on BSE500

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
INDIABULLS VENT.	271.05	-25.05	-8.46	127679
NAVKAR CORPORAT.	31.50	-2.85	-8.30	102051
RELIANCE CAPITAL	125.95	-10.55	-7.73	2087664
GREENPLY INDS.	147.55	-10.75	-6.79	10230
DEWAN HSG. FIN.	132.35	-9.00	-6.37	1832738

3:44 PM

Heatmap: S&P BSE Sensex

3:44 PM

Nifty sectoral indices at close

3:43 PM

Market at close

3:42 PM

Market at close | NSE Nifty slides 114 points, or 0.97 per cent, to close at 11,598.25

3:41 PM

Market at close | BSE Sensex closes 363 points, or 0.93 per cent, lower at 38,600.34

3:29 PM

Tata Chemicals surges 9% post March quarter results

Tata Chemicals shares surged 9 per cent to Rs 607 on the BSE on Monday in an otherwise weak market after the company’s consolidated Ebitda (earnings before interest, tax, depreciation and amortization) rose 3.6 per cent year-on-year (YoY) at Rs 531 crore in March quarter (Q4FY19). The S&P BSE Sensex was down 1 per cent or 360 points at 38,603 at 3:18 pm. READ MORE

3:21 PM

Raymond climbs almost 7%

2:32 PM

Zee Entertainment dips almost 4%

2:26 PM

Bharat Bijlee Q4 results: EBITDA margin at 4.6% vs 5.6% (YoY)

2:26 PM

Bharat Bijlee Q4 results: Adjustd net profit at 9.6 cr vs 2.1 cr (YoY)

2:26 PM

Bharat Bijlee Q4 results: EBITDA up 1.4% at Rs 12.6 cr

2:26 PM

Bharat Bijlee Q4 results: Revenue up 22.5% at Rs 273 crore vs Rs 223 crore (YoY)

2:20 PM

Allahabad Bank slips

2:08 PM

Chemfab Alkalis rises almost 11%

1:54 PM

Nifty Realty index is trading 1% lower

1:39 PM

Tata Chemicals zooms 9%

1:27 PM

Marico slips almost 4% ahead of Q4 results

1:16 PM

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

COMPANY	PRICE(rs)	52 WK LOW	CHG(rs)	CHG(%)
ALKEM LAB	1694.00	1680.15	-7.65	-0.45
AMARA RAJA BATT.	645.45	643.00	-12.30	-1.87
ASAHI INDIA GLAS	237.45	234.90	2.40	1.02
BIOCON	546.50	539.95	-5.00	-0.91
CADILA HEALTH.	305.80	291.90	1.80	0.59

1:03 PM

Goldiam International zooms 54% in four days; stock hits 52-week high

Goldiam International surged by 15 per cent to Rs 117, also its 52-week high, in intra-day trade on the National Stock Exchange (NSE) on Monday, in an otherwise weak market after investor Ramesh Damani bought more than 1 percentage point stake in the company through open market. In the past four trading days, the stock has rallied 54 per cent from the level of Rs 76.20 on April 26, 2019, as compared to 1 per cent decline in the benchmark Nifty 50 index. READ MORE

12:52 PM

Raymond zooms almost 5%

12:38 PM

Interview of the day :: First Global's Shankar Sharma

High oil prices and the possibility of corporate earnings growth not coming through are the two biggest risks to the Indian equity story, Shankar Sharma, vice-chairman and joint managing director at First Global, tells Puneet Wadhwa. He expects earnings growth in FY20 to be in low single digits CLICK HERE FOR THE FULL INTERVIEW

Shankar Sharma, vice-chairman and joint managing director at First Global (Photo credit: Kamlesh Pednekar)

12:36 PM

Reliance Home Finance at new low; Reliance Capital down 6%

Shares of Anil Dhirubhai Ambani Group (ADAG) companies are under pressure in trade on Monday, with Reliance Home Finance hitting a new low, and Reliance Capital (RCap) slipping 6 per cent in intra-day trade on the BSE. The fall comes after Brickwork Ratings (Brickwork) revised the ratings of various existing debt instruments of RCap and continued with the 'credit watch' rating with negative implications READ MORE HERE

12:15 PM

Sectoral trend on NSE

12:05 PM

MARKET CHECK

11:51 AM

PC Jeweller up over 11%

11:32 AM

Tata Motors slides over 4%

11:26 AM

Sector watch

COMPANY	LATEST(rs)	CHG(rs)	CHG(%)	VOLUME
VODAFONE IDEA	16.45	0.35	2.17	1884667
BHARTI AIRTEL	330.00	-1.10	-0.33	159619
REL. COMM.	1.96	0.09	4.81	49249
TEJAS NETWORKS	193.25	1.55	0.81	17707
TATA COMM	561.05	11.00	2.00	4011

11:22 AM

Anand Rathi on Federal Bank

Higher non-interest income, stable margins and lower credit cost led to a strong earnings growth for Federal Bank in Q4 FY19. Slippages were below 1% of the loan book and credit cost came at 51bps. We expect the strong momentum in its balance sheet to persist and, now, with lower stable credit costs, profitability would gradually improve in the medium term. Despite headwinds due to floods and higher costs, the bank has achieved an exit RoA of 1%.We retain our positive view on the bank, given the strong business growth outlook, steady margins and stable credit costs. We retain our Buy recommendation, at a higher TP of 115 (earlier Rs 105). 

11:17 AM

HDFC slips 2%