MARKET WRAP: Indices end volatile session in the red; metal, IT stocks drag

All that happened in the market today

3:39 PM

Sectoral trend on NSE

3:38 PM

Gainers and losers of the day on S&P BSE Sensex

3:37 PM

Market at close | NSE Nifty sheds 23 points to close at 11,278.90

3:37 PM

Market at close | BSE Sensex closes 96 points lower at 37,462.99

3:18 PM

SBI rebounds 6% from day's low on improved asset quality in March quarter

State Bank of India (SBI) shares rose 4 per cent to Rs 311, bouncing back 6 per cent from day's low of Rs 292 in intra-day trade on the BSE, after the bank reported improvement in assets quality in last quarter of financial year 2018-19 (Q4FY19). The bank’s gross non-performing assets (NPAs) ratio declined to 7.53 per cent against 8.71 per cent in the previous quarter and 10.91 per cent in the corresponding quarter of the previous fiscal. Net NPAs during the period came in at 3.01 per cent against 3.95 per cent in the previous quarter and 5.73 per cent in the year-ago quarter. READ MORE

3:07 PM

Nifty PSU Bank index rises 2.7%

2:50 PM

Canara Bank rises 2.5% after Q4 results

2:46 PM

Canara Bank Q4 results: Provisions at Rs 5,524 cr

2:46 PM

Canara Bank Q4 results: Net NPA at Rs 22,955 cr

2:45 PM

Canara Bank Q4 results: Gross NPA at Rs 39,224 cr

2:45 PM

Canara Bank Q4 results: NII at Rs 3,500 cr

2:45 PM

Canara Bank Q4 results: Net loss at Rs 551.5 cr

2:44 PM

Canara Bank Q4 results: Net NPA at 5.37% v 6.37 QoQ

2:44 PM

Canara Bank Q4 results: Gross NPA at 8.83% vs 10.25% QoQ

2:41 PM

Have made 100% provision on Essar Steel, Alok Ind and Bhushan Power: SBI chairman Rajnish Kumar

2:38 PM

Improvement in asset quality is now very visible: SBI chairman Rajnish Kumar

2:34 PM

Heatmap: S&P BSE Sensex

2:32 PM

Stocks active by volume

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
VODAFONE IDEA	14.05	-0.30	-2.09	5924744
RELIANCE POWER	6.11	-0.04	-0.65	4442003
YES BANK	165.30	-5.00	-2.94	3419732
SOUTH IND.BANK	14.00	-1.30	-8.50	2788367
PC JEWELLER	126.30	7.20	6.05	2552207

2:31 PM

Sectoral trends on NSE

2:30 PM

Top gainers and losers on S&P BSE Sensex

2:30 PM

Market check

2:30 PM

Market check

2:25 PM

Tata Steel records sharpest intra-day fall since November 2016; slips 8%

Tata Steel slipped 8 per cent to Rs 480 on the BSE in intra-day deal on report that the company's joint venture (JV) with Thyssenkrupp may fail as the deal is yet to be approved by European regulators who have expressed concerns about its impact on competition. The stock recorded its sharpest fall since November 15, 2016, when it dipped 8.3 per cent during intra-day trade on the BSE. READ MORE

2:16 PM

NEWS ALERT | Dilip Buildcon Q4 net profit at Rs 219.9 crore

2:15 PM

NEWS ALERT | Kajaria Ceramics Q4 result

- Net prfit at Rs 66 cr vs Rs 77.5 cr y-o-y

- Revenue comes at Rs 815.3 cr vs Rs 840 cr

- EBITDA comes at Rs 123 cr vs Rs 141 cr

2:10 PM

SBI reports Q4 profit of Rs 838 crore, NPAs decline

State Bank of India (SBI) on Friday reported standalone net profit at Rs 838.4 crore for the March quarter of the financial year 2018-19 (FY19). The state-owned lender had posted a loss of Rs 7,71l.17 crore in the year-ago period. Analysts had expected SBI to post a net profit of around Rs 3,900 crore, up 0.3 per cent on a sequential basis. READ MORE

2:09 PM

SBI stock reacts to March quarter numbers

2:07 PM

SBI Q4 results

Exceptional items for the year ended March 3I,201,9 include:
 

a) Net profit of Rs 473.12 crore on sale of partial investments in our subsidiary SBI General lnsurance Company Limited;
 

b) Net profit of Rs 1,087.43 crore on transfer of the bank's merchant acquiring business (MAB) to a wholly owned subsidiary SBI Payment Services Private Limited (SBIPSPL) pursuant to a business transfer agreement dated September 29,2OL8 for a consideration of Rs 1,250 crores

2:05 PM

SBI

The bank has made a provision of Rs 3,984 crores for the year ended March 31, 20I9 towards arrears of wages due for revision w.e.f November I, 2OI7

2:02 PM

SBI Q4 results: No dividend for FY19