You are here: Home » Markets » News
Business Standard

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

Benchmark indices were higher on Thursday as investors cheered YES Bank results

Topics
Markets

SI Reporter  |  New Delhi 

Nifty ended Spril F&O Expiry on a higher note on Thursday,  as investors cheered March-quarter results from private sector lendersYes Bank. The S&P BSE Sensex ended at 34,714, up 212 points while the broader Nifty50 index settled at 10,618, up 47 points. Software services exporter Wipro was among the biggest drags on the NSE index after its fourth-quarter profit missed estimates and guidance for the first quarter failed to please investors. Shares fell as much as 4.6%, their biggest fall since September 14. The stock ended 2% lower. Yes Bank was gained ...

MONTHLY STAR

Business Standard Digital

Business Standard Digital Monthly Subscription
199.00  
subscribe
Complete access to the premium product
Convenient - Pay as you go
Pay using Amex/Master/VISA Credit Cards and VISA Debit Cards Only
Auto renewed (subject to your card issuer's permission)
Cancel any time in the future
Requires personal information

What you get?

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all the content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

NOTE :

  • The product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the email with the cancellation request to assist@bsmail.in. Include your contact number for speedy action. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART ANNUAL

Business Standard Digital
Subscribe Now and get 12 months Free

Business Standard Premium Digital - 12 Months + 12 Months Free
1799.00
subscribe
Subscribe for 12 months and get 12 months free.
Single Seamless Sign-up to Business Standard Digital
Convenient - Once a year payment
Pay using an instrument of your choice -all Credit and Debit Cards, Net Banking, Payment Wallets, and UPI
Exclusive Invite to select Business Standard events

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment - hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.

NOTE :

  • The monthly duration product is an auto renewal based product. Once subscribed, subject to your card issuer's permission we will charge your card/ payment instrument each month automatically and renew your subscription.
  • In the Annual duration product we offer both an auto renewal based product and a non auto renewal based product.
  • We do not Refund.
  • No Questions asked Cancellation Policy.
  • You can cancel future renewals anytime including immediately upon subscribing but 48 hours before your next renewal date.
  • Subject to the above, self cancel by visiting the "Manage My Account“ section after signing in OR Send an email request to assist@bsmail.in from your registered email address and by quoting your mobile number.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

Market rundown by Vinod Nair, Head of Research, Geojit Financial Services    "Market remain range bound during most part of the day due to F&O expiry but better results from banks and improving sentiment on IT stocks lifted the index. Continued outflow of foreign money and surging oil prices added pressure on rupee and inflation trajectory. Earnings and election will be the main triggers and until then, investors are likely to take a wait and watch approach."  

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

Nifty Pvt Bank index ends 1.14% up. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) YES BANK 352.40 325.25 27.15 8.35 INDUSIND BANK 1881.90 1847.75 34.15 1.85 KOTAK MAH. BANK 1185.70 1167.85 17.85 1.53 FEDERAL BANK 97.10 95.95 1.15 1.20 HDFC BANK 1930.25 1920.75 9.50 0.49

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

Sectoral performers

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

BSE Sensex: Yes Bank surges 10% to end as the top gainer

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

Market at close   The S&P BSE Sensex ended at 34,714, up 212 points while the broader Nifty50 index settled at 10,618, up 47 points.

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

YES Bank rallies 9% as asset quality improves in Q4FY18 Shares of YES Bank have moved higher by 9% to Rs 353 per share on the BSE in noon deal trade after the private sector lender’s asset quality improved in March quarter (Q4FY18) sequentially.   The bank’s Gross non-performing asset (NPA) fell to 1.28% in Q4FY18 from 1.72% per cent in the December 2017 quarter. Net NPA improved to 0.64% from 0.93% previous quarter. READ MORE

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

Gold hovers near 5-week low as stronger dollar, bond yields weigh Gold prices stuck to a narrow range on Thursday, hovering near five-week lows hit in the previous session, pressured by a stronger dollar and a rise in US Treasury yields. Spot gold was up 0.1 per cent at $1,324.61 per ounce, a day after it fell to $1,318.51, its lowest since March 21. READ MORE

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

Pioneer Distilleries zooms 20% post Q4 results   Shares of Pioneer Distilleries were locked in upper circuit of 20% at Rs 264 per share, also their 52-week high on the BSE, after the company reported a net profit of Rs 208 million, on back of government grant of Rs 481 million for the quarter ended March 2018 (Q4F718). The company, a subsidiary of United Spirits, had a net loss of Rs 112 million in the same quarter year ago. READ MORE

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

Bharti Infratel, Indus merger to create Rs 965 bn co, 2nd largest after ATC   Bharti Infratel and Indus Towers will merge to create the second-largest telecommunications tower company in the world, valued at Rs 965 billion. The merged entity will have a presence in all the 22 circles of the country and have 163,000 towers.   China Tower, a joint venture of three telecom operators, is the largest tower company in the world by volume of towers. It is estimated to have more than a million towers. American Tower Corporation (ATC) is possibly larger in valuation but not in terms of the number of towers it has. READ MORE

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

Volume Toppers COMPANY PRICE() CHG() CHG(%) VOLUME REL. COMM. 16.90 -0.80 -4.52 6695511 PC JEWELLER 237.80 -6.45 -2.64 4326146 RELIANCE NAV.ENG 19.25 -3.50 -15.38 4317845 INDBULL.REALEST. 206.95 2.05 1.00 3333634 H D I L 37.45 -1.75 -4.46 2150415

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

FPIs, MFs lap up blue-chips; stake in RIL, IndusInd Bank at record high Foreign portfolio investors and mutual funds have been lapping of stocks of blue-chip companies in the January – March 2018 (Q4FY18) quarter with their stakes in select companies hitting an all-time high.   FPIs ownership in 13 companies from the S&P BSE200 index, such as Reliance Industries (RIL), IndusInd Bank, UltraTech Cement, Ashok Leyland and ICICI Prudential Life Insurance hit record high at the end of Q4FY18, CapitalinePlus data shows. READ MORE

First Published: Thu, April 26 2018. 15:32 IST
RECOMMENDED FOR YOU

MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

Benchmark indices were higher on Thursday as investors cheered YES Bank results

Nifty ended Spril F&O Expiry on a higher note on Thursday,  as investors cheered March-quarter results from private sector lendersYes Bank. The S&P BSE Sensex ended at 34,714, up 212 points while the broader Nifty50 index settled at 10,618, up 47 points. Software services exporter Wipro was among the biggest drags on the NSE index after its fourth-quarter profit missed estimates and guidance for the first quarter failed to please investors. Shares fell as much as 4.6%, their biggest fall since September 14. The stock ended 2% lower. Yes Bank was gained ...

image
Business Standard
177 22