Markets ended marginally lower amid volatility, taking a breather after the recent up move. Nifty opened with an uptick, taking note of favourable local cues but, caution ahead of the Reliance results triggered profit taking as the day progressed. Most sectoral indices traded in line with the benchmark index and ended lower. Markets will first react to Reliance and HDFC bank’s numbers next week. We may see further consolidation in Nifty but bias would remain on the positive side. Traders should maintain caution especially on broader front as midcap and smallcap counters react sharply during such scenario. Also, we suggest keeping close watch on earnings season for cues.
4:06 PM
Sectoral gainers and losers on NSE
4:05 PM
Top gainers and losers on the S&P BSE Sensex
3:50 PM
Jet Airways fell over 32% after the airline temporarily shut operations
3:36 PM
MARKET AT CLOSE
3:34 PM
Market at Close | Nifty50 closes at 11,752.80, down 34 points or 0.29%
3:31 PM
Market at Close | BSE Sensex closes at 39,140.28, down 135 points or 0.34%
ALERT| Markets to remain shut on April 19 on account of Good Friday
2:38 PM
Centrum on Bajaj Consumer Care
Bajaj Consumer Care
Recommendation: Buy
Target Price: Rs 438
Last Closing: Rs 336
Bajaj Consumer Care reported good results in Q4FY19, in-line with expectations, with healthy 11.1 per cent, 8.7 per cent and 9.4 per cent growth in revenue, EBITDA and PAT growth. Contrary to general perception, rural sales did surpass urban with no signs of slowdown. We expect earnings to rise given new product launches and Nomarks extensions in adjacencies.
2:31 PM
HDFC Bank Q4 preview: Asset quality to remain steady, NIM seen improving
Private lender HDFC Bank is set to release its March 2019 quarter (Q4FY19) earnings on Saturday and most brokerage firms expect the bank to continue its healthy growth and profitability. While Edelweiss expects a 20.5 per cent year-on-year (YoY) gain in the bank's net profit at Rs 5,886.6 crore, analysts at ICICI Securities see a 22.5 per cent YoY growth at Rs 5,877 crore. READ MORE
2:25 PM
NEWS ALERT| DCB Bank's gross NPA comes at 1.84% against 1.92%, while net NPA comes at 0.65% against 0.71%, QoQ in Q4FY19
2:13 PM
NEWS ALERT| DCB Bank's Net Interest Income up 13.8% YoY to Rs 300.9 crore
2:12 PM
NEWS ALERT| DCB Bank declares Q4 result; profit up 50% to Rs 96.3 crore YoY
2:00 PM
DCB Bank Q4 results: Provisions at Rs 35 crore vs Rs 40.1 crore (QoQ)
2:00 PM
DCB Bank Q4 results: NII at Rs 300 crore
1:59 PM
DCB Bank Q4 results: Net NPA at 0.65% vs o.71% (QoQ)
1:59 PM
DCB Bank Q4 results: Gross NPA at 1.84% vs 1.92% (QoQ)