MARKET WRAP: Sensex up 278 points, Nifty over 11,250; metal, IT stocks gain

All that happened in the markets today

3:39 PM

Top gainers and losers on S&P BSE Sensex

3:38 PM

Sectoral trend on NSE

3:37 PM

Market at close

3:37 PM

Market at close

The S&P BSE Sensex ended at 37,393.48, up 279 points while the broader Nifty50 index settled at 11,257.10, up 100 points.

3:28 PM

Zee Entertainment rises almost 8%

3:27 PM

NEWS ALERT | Shashikant Rathi, Treasury Head of Axis Bank, resigns citing personal reasons: CNBC TV18

3:19 PM

OMCs trade higher

COMPANY NAME	LATEST	HIGH	LOW	CHG (rs)	CHG(%)	VALUE (rs CR)	VOLUME
I O C L	151.10	151.10	143.10	5.75	3.96	8.30	549573
RELIANCE INDS.	1262.20	1270.35	1257.75	4.95	0.39	49.94	395678
GAIL (INDIA)	328.25	334.25	326.65	-3.45	-1.04	11.94	363704
PETRONET LNG	222.80	233.15	219.60	-10.05	-4.32	7.22	324055
H P C L	278.40	278.75	262.50	10.95	4.09	6.28	225584
B P C L	372.50	372.50	351.90	13.65	3.80	5.89	158071
O N G C	165.30	166.00	162.10	2.65	1.63	2.29	138437
CASTROL INDIA	141.60	142.10	139.70	0.45	0.32	0.96	67922
INDRAPRASTHA GAS	298.00	303.25	295.80	-2.90	-0.96	0.95	31820
OIL INDIA	175.70	175.80	174.80	0.40	0.23	0.37	20891

3:01 PM

YES Bnak extends loses

2:54 PM

Buzzing | Arvind Fashions tanks 10%

2:50 PM

NEWS ALERT | Bank of India Q4 result

- Slippages at Rs 3,102 crore vs Rs 4,315 crore (QoQ)

- Recovery at Rs 1,982 crore vs Rs 2,353 crore (QoQ)

- Upgradations at Rs 477 cr vs Rs 171 crore (QoQ)

- Write-offs at Rs 780 vs Rs 2,554 crore (QoQ)

2:43 PM

YES Bank hits over three-year low; tanks 43% in three weeks post Q4 results

YES Bank has tanked 43 per cent since April 26 after the bank posted its first ever net loss of Rs 1,506 crore for the March quarter. The shares, which were trading at Rs 237 per share before the Q4 results were announced, have slipped on the surprise net loss posted by the bank on the back of the provisions soaring over nine times. It had posted a profit of Rs 1,179 crore in the year-ago period. In comparison, the benchmark S&P BSE Sensex was down 5 per cent during the same period. READ MORE

2:34 PM

Result impact | Bajaj Finance gains over 3%

2:32 PM

NEWS ALERT | Bajaj Finance Q4 result

- Consolidated net profit at Rs 1,176 crore

- NII at Rs 3,395 crore

- Loans, Loses and Provisions at Rs 409 crore. 

2:12 PM

Jaypee Infra insolvency: 23,000 home buyers, 13 banks vote on NBCC bid

Homebuyers and lenders of debt-laden Jaypee Infratech Thursday started voting on state-owned NBCC's bid to acquire Jaypee group's realty firm and complete the construction of over 20,000 flats. The voting process will end on Sunday and the outcome would be declared on May 20. READ MORE

2:05 PM

Buzzing | HCC up over 6%

2:04 PM

Market check | Nifty reclaims 11,200

2:03 PM

Market check

1:48 PM

Vodafone Idea slips in trade, falls below Rights Issue price

1:43 PM

Result impact | Hindalco up 1%

1:42 PM

Result impact | Bank of India up more than 2%

1:40 PM

NEWS ALERT | Hindalco Q4 result

- Net Profit at Rs 506 cs vs Rs 606 cr (YoY)

- EBITDA at Rs 1,733 crore

- Revenue at Rs 12,455 crore

Alert: All figures are inclusive of Utkal Alumina figures

1:38 PM

NEWS ALERT | Bank of India Q4 result

- Net profit at Rs 251.8 crore

- Net NP at 5.61%, Rs19,119 crore

- Gross NPA at 15.84%, Rs 60,661 crore

1:33 PM

NEWS ALERT | China opposes use of unilateral sanctions against its entities: ministry

- According to a Reuters report, a Commerce Ministry spokesman was speaking in response to the latest US restrictions on Chinese telecom giant Huawei Technologies Co.

- The concept of national security is being abused, and should not be used as a tool for trade protectionism, spokesman Gao Feng told reporters. 

1:23 PM

NEWS ALERT | DGCA considering requests for de-registration of 11 more aircraft: CNBC TV18

1:22 PM

NEWS ALERT | DGCA de-registers 83 aircraft of Jet Airways : CNBC TV18

Alert: DGCA is Directorate General of Civil Aviation

1:19 PM

Daily Indices Chart by Axis Securities

1:14 PM

Emkay Global Financial on AU Small Finance Bank

Recommendation: Hold

Target: Rs 690
 

AU SFB offers a good blend of NBFC (asset side) and bank (liability side), with a clear focus on an underpenetrated segment to scale up the business. The bank optimistically expects its RoA to improve to 1.8% in the medium term from 1.5% in FY19

1:02 PM

NEWS ALERT | DB Corp Q4 result

- Consolidated net profit down 4.5% at Rs 54.4 crore against Rs 57 crore

- Revenue up 5% at Rs 588.5 crore versus Rs 560.3 crore, YoY

12:56 PM

NEWS ALERT | SpiceJet launches daily non-stop flight to Jeddah from Mumbai

12:41 PM

Sectoral trend on NSE