Indices snap 2-day losing streak, Sensex ends 312 pts up; RIL top gainer
All that happened in the markets today
 "Representative image")
Representative image
Benchmark indices halted their two-day losing streak to settle 0.8 per cent higher in Tuesday's session, lifted by gains in heavyweights like Reliance Industries and HDFC.
The S&P BSE Sensex rose 312 points, or 0.8 per cent, to 39,435, with Reliance, NTPC, Axis Bank, Tata Steel, and Powergrid among the top gainers. The broader Nifty50 index settled 97 points, or 0.83 per cent, higher at 11,796. The market breadth was in favour of buyers. About 911 stocks advanced and 834 shares declined on the NSE.
All the Nifty sectoral indices ended the session in the green, with Nifty Metal and Nifty PSU Bank gaining 1.7 and 1 per cent, respectively.
In the broader market, the S&P BSE MidCap index added 96 points, or 0.6 per cent, to end at 14,674, while the S&P BSE SmallCap climbed 45 points, or 0.32 per cent, at 14,108.
BUZZING STOCKS
The S&P BSE Sensex rose 312 points, or 0.8 per cent, to 39,435, with Reliance, NTPC, Axis Bank, Tata Steel, and Powergrid among the top gainers. The broader Nifty50 index settled 97 points, or 0.83 per cent, higher at 11,796. The market breadth was in favour of buyers. About 911 stocks advanced and 834 shares declined on the NSE.
All the Nifty sectoral indices ended the session in the green, with Nifty Metal and Nifty PSU Bank gaining 1.7 and 1 per cent, respectively.
In the broader market, the S&P BSE MidCap index added 96 points, or 0.6 per cent, to end at 14,674, while the S&P BSE SmallCap climbed 45 points, or 0.32 per cent, at 14,108.
BUZZING STOCKS
SBI Life Insurance shares dipped 5 per cent to Rs 674.90 on the BSE on Tuesday, as BNP Paribas Cardif's offer-for-sale (OFS) opened today. The floor price has been fixed at Rs 650 per share. READ MORE
Trent shares jumped 2 per cent to hit a new high of Rs 436 apiece on the BSE on Tuesday, extending Monday's rally of 5 per cent, after the company said it was seeking shareholders' approval to allot up to 24.65 million equity shares to Tata Sons. The stok ended the day 1.47 per cent higher at Rs 432.25. READ MORE
Emami shares rose 12 per cent to Rs 299 per share on the BSE on Tuesday after the company said its promoters intended to maintain their controlling stake in the company and not dilute it further. The promoters have also set a timeline of 6-8 months to bring down the debt. The stock ended the day 8.79 per cent higher at Rs 290.80. READ MORE
3:58 PM
Heatmap: S&P BSE Sensex
3:57 PM
Nifty sectoral indices at close
3:56 PM
Market at close
3:20 PM
Nifty PSU Bank index is trading over 1 per cent higher
3:15 PM
Torrent Pharma near day's high
2:51 PM
NEWS ALERT | L&T's stake in Mindtree crosses 51%: CNBC TV18
2:51 PM
Anil Ambani-promoted RInfra loses NTPC order worth Rs 567 crore to GE
While Anil Ambani-promoted Reliance Infrastructure looks to almost double its existing order-book in the current financial year, not all is well with its existing orders. One of RInfra's contracts worth Rs 567 crore from NTPC has been re-tendered and awarded to another company this month. In February 2018, RInfra informed exchanges it has received the Letter of Approval from NTPC for Flue Gas Desulphurisation (FGD) works of its 3x500 Mw power plant in Jhajjar, Haryana. READ MORE
2:40 PM
Tyre stocks gain as govt imposes additional duty on Chinese tyre imports
Shares of tyre makers gained up to 8 per cent on the BSE on report that the government imposes definitive countervailing duty on truck and bus radial tyre imports from China. Reacting to the news, the stocks of TVS Srichakra rallied 8 per cent to Rs 1,963, followed by JK Tyre, which surged 5 per cent at Rs 80, Ceat was up 4 per cent at Rs 939, followed by Balkrishna Industries, up 3 per cent at Rs 766 and MRF by 2 per cent at Rs 56,099 on the BSE. READ MORE
2:37 PM
IPO UPDATE | IndiaMART IPO subscribed 69% so far on Day 2
2:31 PM
NEWS ALERT | SpiceJet launches eight new non-stop international flights
- To connect (a) Mumbai with Riyadh and Dhaka, (b) Delhi with Dhaka and Jeddah
2:27 PM
NEWS ALERT | Ministry of Corporate Affairs to conduct scrutiny of 3 lakh companies: CNBC TV18
- Co. to be identified on the basis of non-compliance of KYC norms
- 7 lakh out of 11.35 lakh comoanie shave complied with KYc norms
Alert: June 15 was the deadline for KYC compliance
- 7 lakh out of 11.35 lakh comoanie shave complied with KYc norms
Alert: June 15 was the deadline for KYC compliance
2:22 PM
Govt may cut interest rates of small savings schemes for July-Sept quarter
The government may lower interest rates on small savings schemes for the July-September quarter, according to senior government sources. The cut may only be for some — and not all — small savings schemes, and could be as high as 30-50 basis points.
The last round of changes in small savings rates were for the January-March quarter. The rates for one-year, two-year, and three-year time deposits were aligned with each other. The rates for the April-June quarter remained unchanged. READ MORE
2:08 PM
YES Bank slips over 2%
2:06 PM
HDFC AMC hits record high, rises 9% in four days
The stock surpassed its previous high of Rs 1,970 recorded on August 27, 2018. In the past four days, it has outpaced the market by gaining 9 per cent, as compared to a 0.20 per cent rise in the S&P BSE Sensex. READ MORE
1:54 PM
Market check
Topics :
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jun 25 2019 | 7:23 AM IST
