MARKET WRAP: Sensex plunges 488 pts, Nifty ends at 11,359; RIL sheds 3%

All that happened in markets today

3:39 PM

Index contributors

3:38 PM

Stocks most active by volume

COMPANY	PRICE( )	CHG( )	CHG(%)	VOLUME
VODAFONE IDEA	14.30	-1.15	-7.44	13858842
RELIANCE POWER	5.84	-0.21	-3.47	8151284
CG POWER & INDU.	39.05	2.55	6.99	3617787
DISH TV	31.05	-0.75	-2.36	2892561
REL. COMM.	2.15	0.10	4.88	2874574

3:37 PM

Top losers on BSE

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
ZEE ENTERTAINMEN	329.35	-39.85	-10.79	2870087
EVEREADY INDS.	90.65	-10.05	-9.98	168313
J & K BANK	54.10	-4.65	-7.91	80448
VODAFONE IDEA	14.30	-1.15	-7.44	13858842
REDINGTON INDIA	87.50	-6.60	-7.01	20024

3:36 PM

Top gainers on BSE

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
CG POWER & INDU.	39.95	3.45	9.45	3526114
REL. COMM.	2.15	0.10	4.88	2871874
EDELWEISS.FIN.	146.40	6.70	4.80	225212
SCHNEIDER ELECT.	97.45	4.15	4.45	37233
VARDHMAN TEXTILE	1145.00	46.40	4.22	740

3:35 PM

Top gainers and losers on S&P BSE Sensex

3:34 PM

Market at close

3:34 PM

Market at close

3:34 PM

Sectoral gainers and losers on NSE

3:29 PM

Market Alert | Nifty50 down 146.3 points, trading at 11,351.60 levels

3:28 PM

Market Alert | BSE Sensex plummets 500 points, trading at 37,768.47

3:00 PM

Index contributors at this hour

2:59 PM

Top gainers and losers on S&P BSE Sensex

2:58 PM

Sectoral trends on NSE at this hour

2:56 PM

Nifty below 11,400 levels

2:55 PM

Market at day's low | Sensex sheds 400 points

2:52 PM

NEWS ALERT | P&G Hygiene Q4 result

- Neyt profit at Rs 90.1 crore

- Revenue at Rs 699.3 crore

2:50 PM

At day's low | M&M slides over 1%

2:43 PM

RIL slips over 2% in trade

2:36 PM

Dhanlaxmi Bank gains 5% on strong Q4 results

2:34 PM

NEWS ALERT | Dhanlaxmi Bank Q4 result

- Net profit at Rs 27.6 crore vs loss Rs 17.2 crore y-o-y

- Gross NPA at Rs 496 crore (7.47%) vs Rs 508 crore (8.11%)

- Net NPA at Rs 152 crore (2.41%) vs Rs 172 crore (2.93%)

-NII at Rs 87 crore vs Rs 86 crore

- Stock reacts: gains 5% 

2:25 PM

NEWS ALERT | RBI likely to cut rates in June; none thereafter on rising inflation: IHS Markit

The Reserve Bank of India (RBI) is likely to cut interest rates one more time in June before rising inflation pressures and elevated fiscal deficits leave little room for further accommodation in rest of the year, IHS Markit said Wednesday. RBI had cut interest rate by 25 basis points each in February and April to boost economic growth. READ MORE

 

2:23 PM

NEWS ALERT | Satin Creditcare Q4 result

- Consolidated net profit at Rs 128 cr Vs Rs 85.6 cr, up 49.4% y-o-y

- Cons revenue at Rs 746.4 cr Vs Rs 554.4 cr, up 34.6% y-o-y

2:16 PM

From net sales to profit, how Marico bucked the slowdown trend in Q4

Consumer goods major Marico reported its highest domestic volumes growth in three quarters as the Mumbai-based firm emerged an outlier in a market reeling from a slowdown. For the three months ended March 2019 (Q4), Marico's net sales, operating profit and net profit (excluding tax writebacks) grew 9 per cent, 12 per cent and 18 per cent, respectively, from a year earlier, surprising analysts, even as overall volume growth came in at 8 per cent. READ MORE

2:05 PM

NEWS ALERT | NBCC (India) secures total orders of Rs 361.91 crore in April 2019

2:03 PM

Bosch falls nearly 3%

1:58 PM

NEWS ALERT | Rain Industries off highs on weak Q4 result

- Consolidated nert profit at Rs 68.8 crore, down 72.6% y-o-y

- Cons revenue at Rs 3,196.5 crore, down 3.3% y-o-y

- EBITDA at Rs 351.7 crore, down 45.2% y-o-y

- EBITDA margin at 11%, down 840 bps

1:51 PM

UPL gains 2%, nears 52-week high as board considers bonus issue

Shares of UPL gained 2 per cent intra-day on Wednesday to quote Rs 968 apiece on the BSE in an otherwise weak market after the company announced its plan to issue bonus issue shares.
 

At 12:51 pm, the stock of the agrochemicals major was trading close to its 52-week high of Rs 975 - quoted on May 3, 2019 - on the S&P BSE, which was down 1 per cent at 37,921 levels.  READ MORE

1:44 PM

Vodafone Idea slips up to 12%, hits new low as rights issue shares start trading

Vodafone Idea shares hit a new low of Rs 13.65, down 12 per cent on Wednesday, declining 17 per cent in past two trading days on the BSE, on back of two-fold jump in trading volumes. READ MORE

1:41 PM

Once darling FMCG stocks turn sour as India's consumption engine sputters

Producers of household items have been India’s best stock market bets for years. But the consumption slowdown in the world’s fastest-growing major economy is rubbing the sheen off these shares.

 

The 74-member S&P BSE Fast-Moving Consumer Goods Index, which has had only one down year since 2006, has bucked the gains in the nation’s benchmark measure. And some of the biggest names in the gauge have accumulated double-digit losses five months into the year. READ MORE

1:39 PM

NEWS ALERT | Eros Intl's Promoter creates fresh pledge on 27.5 lakh equity shares