MARKET WRAP: Sensex up 36 pts, Nifty ends at 11,899.50; Dish TV jumps 29%
All that happened in markets today.
 "BSE, sensex")
The Bombay Stock Exchange | Photo: ANI
Benchmark indices ended Friday's volatile session on a flat note with positive bias. Buying in select hevyweights such as HDFC Bank, IndusInd Bank, ITC and Axis Bank helped indices settle in the green.
The S&P BSE Sensex added 36 points or 0.09 per cent to settle at 40,165 levels. During the day, the index hit a high and low of 40,283 and 40,014, respectively. IndusInd Bank (up 5 per cent) emerged as the top gainer on the index and YES Bank (down over 6 per cent) the worst performer.
Out of 30 constituents, 15 ended in the green and rest 15 in the red.
In the broader market, both midcaps and small-caps outperformed the benchmarks. The S&P BSE MidCap index ended at 14,891, up 26 points or 0.18 per cent while S&P BSE SmallCap index gained 43 points or 0.32 per cent at 13,601.
Market breadth was tilted in favour of buyers as out of 2,767 companies traded on the BSE, 1,423 advanced and 1,172 declined while 171 remained unchanged.
On the NSE, the broader Nifty50 index ended at 11,899.50, up 22 points or 0.19 per cent.
On a weekly basis, Sensex gained 2.83 per cent while Nifty added 2.72 per cent.
Sectorally, barring auto and IT stocks, all the sectoral indices on the NSE ended in the green. Media stocks jumped the most with the Nifty Media jumping nearly 8 per cent to 1,923.15 levels.
Volatility index India VIX declined 4 per cent to 15.62 levels.
On a weekly basis, Sensex gained 2.83 per cent while Nifty added 2.72 per cent.
Sectorally, barring auto and IT stocks, all the sectoral indices on the NSE ended in the green. Media stocks jumped the most with the Nifty Media jumping nearly 8 per cent to 1,923.15 levels.
Volatility index India VIX declined 4 per cent to 15.62 levels.
BUZZING STOCKS
Dish TV and Zee Entertainment Enterprises (ZEEL) rallied up to 29 per cent on the BSE. According to a report by CNBC-TV18, the company has asked the lenders to put shares in an escrow account.
Thursday's terrific performer YES Bank today declined over 6 per cent to settle at Rs 66.60 apiece on the BSE ahead of its September quarter results.
IndusInd Bank ended 5 per cent higher at Rs 1,379.45 on the BSE after the bank announced selection of a potential successor to Ramesh Sobti, the current Managing Director and Chief Executive Officer (MD & CEO). It, however, did not name the successor. Sobti's tenure will end in March 2020, when he turns 70.
Shares of Cochin Shipyard hit a 52-week high of Rs 412, up 6 per cent on the BSE after the company won contract worth Rs 3,000 crore. At close, the stock at Rs 409.50 apiece on the BSE, up over 5 per cent.
On the downside, Indian Oil Corporation (IOC) shares slipped as much as 4.42 per cent to Rs 140.30 apiece on the BSE after the company reported 83 per cent year-on-year (YoY) decline in profit before tax (PBT) at Rs 814.48 crore for the quarter ending September, owing to higher inventory losses and a decline in refinery margin. It had recorded Rs 4,805.74 crore PBT during the same period last year. The stock ended at Rs 142.65 apiece on the BSE, up around 3 per cent.
GLOBAL MARKETS
Asian shares scaled three-month highs on Friday as a surprise bounce in Chinese manufacturing activity eclipsed doubts raised by a news report over whether the United States and China can reach a long-term trade deal. Hong Kong's Hang Seng added 0.65 per cent and Seoul's Kospi rose 0.77 per cent. The Nikkei underperformed, ending the day down 0.33 per cent. MSCI’s broadest index of Asia-Pacific shares outside Japan reversed early losses to touch fresh three-month highs, and was last up 0.4 per cent.
Shares in Europe were set to follow Asia’s lead. Pan-region Euro Stoxx 50 futures were up 0.28 per cent, German DAX futures gained 0.34 per cent and FTSE futures added 0.19 per cent.
Oil prices were little changed but set for a slide of about 4 per cent on the week hurt by rising global supply and concerns about future demand.
(With inputs from Reuters)
4:03 PM
Sectoral gainers and losers on the NSE
4:03 PM
Top gainers and losers on the S&P BSE Sensex
3:37 PM
CLOSING BELL
The S&P BSE Sensex added 36 points or 0.09 per cent while NSE's Nifty50 index ended at 11,899.50, up 22 points or 0.19 per cent.
3:23 PM
Dish TV jumps over 31%
3:03 PM
BUZZING STOCK | Mishra Dhatu climbs nearly 12%
2:59 PM
Had no sales in Kashmir in Q2: Kansai Nerolac
2:55 PM
NEWS ALERT | Lupin gets USFDA approval for Levothyroxine Sodium tablets
- The drug is used to treat an underactive thyroid
2:50 PM
Oct Auto Sales | TVS Motor registered sales of 323,368 units in October 2019
Two wheelers: Total two-wheeler registered sales of 308,161 units in October 2019 as against sales of 384,307 units in the month of October 2018.
Domestic two-wheeler registered sales of 252,684 units in October 2019 as against sales of 338,988 units in the month of October 2018.
Exports: Total exports grew by 20% YoY to 69,339 units (vs 57,926 units in Oct '18)
Exports: Total exports grew by 20% YoY to 69,339 units (vs 57,926 units in Oct '18)
Two-wheeler exports grew by 22% YoY to 55,477 units (vs 45,319 units in Oct '18)
Three wheelers: Three-wheeler sales grew by 8% YoY to 15,207 units (vs 14,120 units in Oct '18)
Three wheelers: Three-wheeler sales grew by 8% YoY to 15,207 units (vs 14,120 units in Oct '18)
2:47 PM
EARNINGS ALERT | JSW ENERGY
- Total revenue decreases ariund 13% YoY to Rs 2,232 crore;
- EBIDTA increases around 5% to Rs 1,048 crore;
- Net Profit at Rs 353 cr, up 11.7% YoY
2:45 PM
Oct Auto Sales | Eicher Motors
2:40 PM
NEWS ALERT | Delhi HC issues notice to Central Govt and RBI in PMC Bank Case
2:35 PM
NEWS ALERT | NCC bags 3 orders worth Rs 973.2 cr in October: BSE filing
-- Out of this, one order of Rs. 64!.57 crore pertains to Water & Environment Division and two orders totaling to Rs. 331.65 crore pertain to Electrical Division.
-- These orders are received from State Government agencies and do not include any internal orders.
-- These orders are received from State Government agencies and do not include any internal orders.
2:31 PM
NEWS ALERT | Replace both engines of all 97 A320neos in its fleet by January: DGCA to IndiGo
-- Will bar operations of these planes if not done as directed by January.
2:28 PM
NEWS ALERT | DGCA to ground 23 planes of IndiGo by Nov 19 if engines not replaced: CNBC TV18
Alert: DGCA, earlier on Oct 28, asked the airline to replace engines of 16 planes.
2:21 PM
NEWS ALERT | DGCA asks IndiGo to replace engines of 7 more A320neo planes: CNBC TV18
Topics : Markets MARKET WRAP
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First Published: Nov 01 2019 | 7:17 AM IST