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MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

Among sectoral indices, the Nifty PSU Bank index fell over 2% weighed by a decline in Canara Bank and Indian Bank.

SI Reporter  |  New Delhi 

The benchmark indices pared their day's gains to end flat on Friday. The S&P BSE Sensex ended at 36,542, down 7 points. The index had hit a fresh all-time high of 36,740.07 in intra-day deals earlier today tracking global markets ahead of information technology (IT) heavyweight Infosys June quarter earnings later in the day. The broader Nifty50 index settled at 11,019, down 4 points. The IT major, Infosys settled 2.2% higher at Rs 1,323 on the National Stock Exchange. Among sectoral indices, the Nifty PSU Bank index fell over 2% weighed by a decline in ...

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MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

Infosys ended over 2% higher on the NSE

MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

Nifty PSU Bank index settles 2.05% lower. Top losers: COMPANY LATEST PREV CLOSE LOSS() LOSS(%) CANARA BANK 231.75 241.95 -10.20 -4.22 BANK OF INDIA 81.70 84.85 -3.15 -3.71 INDIAN BANK 334.75 347.60 -12.85 -3.70 ALLAHABAD BANK 40.60 42.00 -1.40 -3.33 ORIENTAL BANK 70.95 73.15 -2.20 -3.01 See More

MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

Nifty sectoral losers of the day

MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

BSE Sensex: Infosys settles 2.12% higher. RIL rises 1.37%.

MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

Market at close   The S&P BSE Sensex ended at 36,542, down 7 points while the broader Nifty50 index settled at 11,019, down 4 points.

MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

BSE Smallcap index falls over 1%; PVR, Inox Leisure tank up to 14% Shares of smallcap companies were under pressure with the S&P BSE Smallcap index falling more than 1% after a sharp decline in stock prices of PVR, KNR Constructions, Inox Leisure and Gujarat Narmada Valley Fertilizers & Chemicals (GNFC). READ MORE

MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

Gold prices subdued as dollar extends gains Gold prices were muted on Friday, stuck in a tight trading range, as the dollar extended rally from the previous session when strong U.S. inflation data and trade war concerns boosted demand for the greenback.   Spot gold was down 0.1 percent at $1,245.54 an ounce, as of 0652 GMT. For the week, the metal was down 0.7 percent. READ MORE

MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

NEWS ALERT People would be allowed to carry food items along with them in cinema halls and in multiplexes in Maharashtra: Maha Govt Stock Impact  

MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

Buzzing Stock Idea Cellular share price fell 2.7 per cent intraday on Friday after global research firm Credit Suisse maintained its Underperform rating on the stock with a target price at Rs 45, implying a 17 per cent downside.   After the merger between the company and Vodafone, the new entity may prioritise cost savings over market share retention and the cost base should be close to current Bharti mobile cost base, the research house said.

MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

Bajaj Finance hits new high; stock rises 32% in two months since Q4 results Shares of Bajaj Finance hit a new high of Rs 2,460 per share on the BSE, rising by 2% today and extending their 2.5% gain on Thursday, on expectations of healthy financial performance for the quarter ended June 2018 (Q1FY19).   In past two months after the March quarter (Q4FY18) results, Bajaj Finance have outperformed the market by surging 32% as compared to 2.8% rise in the S&P BSE Sensex. READ MORE

MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

Market Check   S&P BSE Sensex 36,584.63 0.10%   Nifty 50 11,031.25 0.07%   S&P BSE 200 4,713.95 -0.16%   Nifty 500 9,362.80 -0.19%   S&P BSE Mid-Cap 15,449.40 -0.66%   S&P BSE Small-Cap 16,229.89 -1.16%

First Published: Fri, July 13 2018. 08:15 IST
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MARKET WRAP: Infy ends 2% higher ahead of Q1 results; Sensex ends flat

Among sectoral indices, the Nifty PSU Bank index fell over 2% weighed by a decline in Canara Bank and Indian Bank.

The benchmark indices pared their day's gains to end flat on Friday. The S&P BSE Sensex ended at 36,542, down 7 points. The index had hit a fresh all-time high of 36,740.07 in intra-day deals earlier today tracking global markets ahead of information technology (IT) heavyweight Infosys June quarter earnings later in the day. The broader Nifty50 index settled at 11,019, down 4 points. The IT major, Infosys settled 2.2% higher at Rs 1,323 on the National Stock Exchange. Among sectoral indices, the Nifty PSU Bank index fell over 2% weighed by a decline in ...

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