Bank, metal stocks lift Sensex 166 points higher, Nifty over 11,950

All that happened in the markets today

3:51 PM

Heatmap: S&P BSE Sensex

3:51 PM

Nifty sectoral indices at close

3:50 PM

Market at close

3:35 PM

DHFL pays Rs 860 cr NCD dues today, within 7-day grace period: CNBC TV18

3:34 PM

Market at close

The S&P BSE Sensex ended at 39,950, up 166 points while the broader Nifty50 index settled at 11,963, up 40 points.

3:19 PM

Dish TV extends gain to over 12%

3:17 PM

NEWS ALERT | June 1-11 rainfall at 22.6 mm, 46% below normal: Met Dept

3:05 PM

NEWS ALERT | Moody's places YES Bank's ratings under review for downgrade: CNBC TV18

3:03 PM

MARKET CHECK

2:52 PM

Stock recommendation by Prabhudas Lilladher

2:52 PM

BHEL bags order worth Rs 440 cr from NPCIL for nuclear power project in TN

State-owned BHEL on Tuesday said it has bagged an order worth over Rs 440 crore from Nuclear Power Corporation of India Ltd (NPCIL).

 

"BHEL has secured an...order for the erection work of the upcoming 2x1000 MWe turbine generator (TG) island units 3 and 4 at Kudankulam Nuclear Power Project in Tamil Nadu being set up with foreign cooperation (Russia)," it said in a statement. READ MORE

2:36 PM

Hester Biosciences hits 52-week high; stock surges 71% in 2019 so far

Extending the rally seen during the past seven trading sessions, shares of Hester Biosciences hit a 52-week high of Rs 1,925 apiece, up 3 per cent on the BSE, on Tuesday. This was on the back of the government's decision to clear an outlay of Rs 13,342 crore for animal husbandry industry. READ MORE

2:34 PM

NEWS ALERT | IGL appoints ex-SJVN CMD as director: CNBC TV18

2:28 PM

India GDP growth overestimated between 2011-2017, says Arvind Subramanian

India’s statistics may have been painting a far rosier picture of economic growth than the more modest reality of the past decade. The nation has held the crown of the world’s fastest-growing major economy until recently, but a new study by former Chief Economic Adviser Arvind Subramanian says the expansion was overestimated between 2011 and 2017. Rather than growing at about 7% a year in that period, growth was about 4.5%, according to the research paper, published by the Center for International Development at Harvard University. READ MORE

Arvind Subramanian

2:17 PM

Canara Bank rises over 4%

2:02 PM

NEWS ALERT | Bharat Dynamics signs contract worth Rs 1,187.2 cr to supply Torpedoes

- To execute defence contract to supply heavyweight torpedoes in 42 months

1:52 PM

Sensex reclaims 40,000-mark

1:41 PM

Bank stocks trade higher

COMPANY	LATEST(rs)	CHG(rs)	CHG(%)	VOLUME
YES BANK	141.05	5.15	3.79	3455041
PUNJAB NATL.BANK	78.45	1.15	1.49	933997
BANK OF BARODA	120.00	2.00	1.69	659411
IDFC FIRST BANK	42.75	0.40	0.94	543145
BANK OF INDIA	88.05	0.90	1.03	543070

1:32 PM

Nifty sectoral indices at this hour

1:27 PM

NEWS ALERT | Former IDBI Bank CEO B Sriram appointed part-time member to Insolvency Board

1:11 PM

NEWS ALERT | Don't want a trade war with US but not afraid of one: China Foreign Ministry

1:10 PM

Jain Irrigation zooms 8%

1:03 PM

NEWS ALERT | Capital infusion in PSBs should be done through budget: Govt official to CNBC TV18

1:02 PM

NEWS ALERT | Enough capital given to PSBs in last 5 yrs: Govt official to CNBC TV18

1:01 PM

NEWS ALERT | Not in favor of further issuance of PSB Recap bonds: Govt official to CNBC TV18

1:00 PM

NEWS ALERT | Union Cabinet meeting and Union Council of Ministers meeting to be held tomorrow in Delhi: ANI

12:52 PM

NEWS ALERT | Fin Min looking at raising non-tax revenue target under Budget 2019: ET Now

12:51 PM

ADAG stocks erase intra-day gain; RCom, RInfra down over 3%

Shares of Anil Dhirubhai Ambani Group (ADAG) companies erased their entire intra-day gain and were trading lower by up to 5 per cent on the BSE despite the chairman Anil Ambani reaffirming the group's commitment to meet all future debt servicing obligations in a timely manner, through further asset monetisation plans "that are already at various stages of implementation". Reliance Infrastructure (RInfra) slipped 4 per cent to Rs 62, after surging 12 per cent in intra-day deal on the BSE. Reliance Capital was trading 1 per cent lower at Rs 90, after hitting high of Rs 96 in intra-day trade. Reliance Power, Reliance Communications (RCom) and Reliance Naval and Engineering were down 3 to 5 per cent each on the BSE. READ MORE

12:35 PM

Blackstone completes acquisition of Aadhar Housing Finance Company

Blackstone on Tuesday announced that private equity funds managed by it have acquired a 97.7 per cent stake in Aadhar Housing Finance Limited (Aadhar), including the entire stake held by the existing controlling shareholders, Wadhawan Global Capital Limited (WGC) and Dewan Housing Finance Limited.

 

As part of the transaction, Blackstone has also infused Rs 800 crore primary equity capital into Aadhar to fund the company for future growth. READ MORE

12:26 PM

Auto in slow lane: Domestic passenger vehicle sales drop 20% in May

Domestic car sales were down 26.03 per cent to 1,47,546 units as against 1,99,479 units in May 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.

 

Motorcycle sales last month declined 4.89 per cent to 11,62,373 units as against 12,22,164 units a year earlier. READ MORE