MARKET WRAP: Sensex, Nifty end flat on a choppy day; IT stocks drag

All that happened in the markets today

3:40 PM

Top gainers on BSE500

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
RELIANCE POWER	6.55	1.18	21.97	22092058
GUJ ALKALIES	527.25	34.25	6.95	29269
DEWAN HSG. FIN.	141.40	7.40	5.52	2149731
BOMBAY DYEING	126.70	6.60	5.50	636309
LAK. VILAS BANK	77.15	3.65	4.97	129026

3:40 PM

Top losers on BSE500

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
INTELLECT DESIGN	217.45	-12.85	-5.58	57100
DILIP BUILDCON	482.00	-20.90	-4.16	45413
GUJ.ST.PETRONET	189.10	-8.20	-4.16	39469
L&T TECHNOLOGY	1691.00	-71.85	-4.08	7538
PC JEWELLER	109.25	-4.50	-3.96	1510155

3:38 PM

Heatmap: S&P BSE Sensex

3:38 PM

Nifty sectoral indices at close

3:37 PM

Market at close

3:36 PM

Market at close | NSE Nifty slides 12.5 points, or 0.11 per cent, to close at 11,712.25

3:36 PM

Market at close | BSE Sensex closes 18 points, or 0.05 per cent, lower at 38,963.26

3:27 PM

Eicher Motors slips 1%

2:45 PM

Buzzing | Eros International slips over 13% in trade

2:40 PM

McLeod Russel India nears all-time low; stock tanks 41% in three days

McLeod Russel India shares continued to reel under pressure, hitting an over decade low of Rs 45.45, down 10 per cent on the BSE on back of heavy volumes. The stock of flagship tea company of the BM Khaitan group was trading at its lowest level since March 12, 2009 on the BSE. READ MORE

2:16 PM

Sudden surge in DHFL stock

2:07 PM

NEWS ALERT | HSIL Q4 result:

- Profit comes at Rs 38.2 crore, up 59.7 per cent, from Rs 23.9 crore y-o-y

- Revenue: rs 808.9 crore, up 22.4 per cent, from Rs 660.8 crore y-o-y

- EBITDA: Rs 113.4 crore, up 52 per cent, from Rs 74.6 crore y-o-y

- EBITDA margin: 14% , up 270 bps, from 11.3 per cent y-o-y

2:01 PM

NEWS ALERT | HSIL Q4 result: Company announces dividend of Rs 3 per share

1:59 PM

NEWS ALERT | SpiceJet announces 12 new flights connecting Mumbai and Delhi with other domestic cities

1:57 PM

Dilip Buildcon slips 5%

1:38 PM

NBFC crisis averted, but some troubles persist: HDFC Bank MD Aditya Puri

HDFC Bank had an exposure of $7 billion to non-bank finance companies and related firms as of December, compared with $11 billion for its nearest private-sector rival ICICI Bank Ltd., filings show. The exposure of the wider Indian banking industry was about $92 billion in March, according to an estimate from the ratings firm ICRA Ltd. Puri said HDFC Bank has no exposure to IL&FS. CLICK TO READ FULL ARTICLE

1:30 PM

NEWS ALERT | Godrej Consumer Ebitda down 3% at Rs 578 crore

1:27 PM

RESULTS IMPACT | Godrej Consumer slips 3%

1:24 PM

NEWS ALERT | Godrej Consumer ad cost at Rs 157 crore against Rs 182 crore YoY

1:21 PM

NEWS ALERT | Godrej Consumer domestic volume growth in Q4 at 1%

1:20 PM

NEWS ALERT | Godrej Consumer Q4 net profit at Rs 935.2 crore

1:19 PM

Century Textiles stock flat post Q4 results announcement

1:17 PM

Century Textiles' Rs 227.6 crore net profit includes Rs 74 crore from discontinued operations

1:15 PM

NEWS ALERT | Century Textile Q4 nos: EBIDTA Margin at 24.7% vs 24.9% (YoY)

1:14 PM

ICICI Securities on Shoppers Stop

Sustainable enhancement in same store sales growth (SSSG) and increase in share of private label brands would be critical for re-rating of the stock. We maintain our HOLD recommendation on the stock with a revised target price of Rs 510 (13.5x FY21E EV/EBITDA).

1:05 PM

MARKET UPDATE | PSU banks gain in trade

12:58 PM

Berkshire Hathaway finally bought shares of Amazon, says Warren Buffett

Buffett said the purchase was made by one of his investment managers, Todd Combs or Ted Weschler, and details would be disclosed later this month in Berkshire's quarterly report of its US stock holdings. The purchase marks a U-turn for Berkshire, where Buffett has long praised the leadership of Amazon Chief Executive Jeff Bezos. CLICK TO READ FULL STORY

12:55 PM

Top gainers on BSE at this hour

RPOWER	6.18	+0.81	+15.08
BOMDYEING	128.00	+7.90	+6.58
GUJALKALI	517.70	+24.70	+5.01
TATASTEELPP	93.80	+4.25	+4.75
RCOM	1.87	+0.08	+4.47

12:53 PM

MARKET UPDATE | Nifty Bank near day's high

 

12:49 PM

NEWS ALERT | AB Sun Life MF sold 2.2% stake in PVR via open market on April 30: Reports