Sensex ends 169 pts higher, Nifty over 11,900; Infosys, TCS lead gainers
All that happened in the markets today
 "bse, sensex, bombay stock exchange")
Benchmark indices ended Monday's session with gains, lifted by tech stocks, in line with global stock markets that were buoyed by a deal struck between the US and Mexico to avoid a tariff war, and weak US jobs data that raised hopes of rate cuts by the Federal Reserve.
The S&P BSE Sensex rose 169 points, or 0.43 per cent, to 39,785, with TCS, Infosys, Bharti Airtel, Axis Bank, and ITC. Out of the 30 BSE constituents, 20 ended the day in the green.
The broader Nifty50 index added 52 points, or 0.44 per cent, to settle at 11,923. The market breadth, though, was tilted in favour of sellers. About 1,083 stocks declined and 701 shares advanced on the NSE.
The Nifty sectoral indices traded mixed. Nifty IT and Nifty FMCG were the top gainers, both up over 1 per cent each, while Nifty Media and Nifty PSU Bank indices were the top drags, both down over 1.5 per cent.
In the broader market, the S&P BSE MidCap was up 17 points, or 0.11 per cent, to 14,923, while the S&P BSE SmallCap dipped 72.5 points, or 0.49 per cent, to 14,585.
The S&P BSE Sensex rose 169 points, or 0.43 per cent, to 39,785, with TCS, Infosys, Bharti Airtel, Axis Bank, and ITC. Out of the 30 BSE constituents, 20 ended the day in the green.
The broader Nifty50 index added 52 points, or 0.44 per cent, to settle at 11,923. The market breadth, though, was tilted in favour of sellers. About 1,083 stocks declined and 701 shares advanced on the NSE.
The Nifty sectoral indices traded mixed. Nifty IT and Nifty FMCG were the top gainers, both up over 1 per cent each, while Nifty Media and Nifty PSU Bank indices were the top drags, both down over 1.5 per cent.
In the broader market, the S&P BSE MidCap was up 17 points, or 0.11 per cent, to 14,923, while the S&P BSE SmallCap dipped 72.5 points, or 0.49 per cent, to 14,585.
BUZZING STOCKS
Shares of Jammu & Kashmir (J&K) Bank tanked 20 per cent to Rs 47.60 apiece on the BSE on Monday after reports suggested that the Anti-Corruption Bureau alleged Parvez Ahmed, now-removed chairman-cum-managing director, of indulging in corrupt activities. The stock, however, ended the day at Rs 52.25, down 12.11 per cent. CLICK TO READ FULL REPORT
Shares of Jet Airways (India) were trading 8 per cent lower on the BSE in the morning deals on Monday after concerns over a potential government-led investigation surfaced, implying derailment of the revival plan of the cash-strapped airline. The stock, however, pared almost all of its losses to end the day at Rs 125.20, down 0.36 per cent. READ MORE
Shares of Anil Dhirubhai Ambani Group (ADAG) companies came under heavy pressure on Monday with Reliance Power (RPower) hitting a new low of Rs 4.94, tumbling 20 per cent on the BSE after the company reported a huge loss of Rs 3,559 crore for the March 2019 quarter, due to impairment and higher finance costs. The company had posted a net profit of Rs 189 crore in the year-ago quarter. READ MORE
Shares of Jammu & Kashmir (J&K) Bank tanked 20 per cent to Rs 47.60 apiece on the BSE on Monday after reports suggested that the Anti-Corruption Bureau alleged Parvez Ahmed, now-removed chairman-cum-managing director, of indulging in corrupt activities. The stock, however, ended the day at Rs 52.25, down 12.11 per cent. CLICK TO READ FULL REPORT
Shares of Jet Airways (India) were trading 8 per cent lower on the BSE in the morning deals on Monday after concerns over a potential government-led investigation surfaced, implying derailment of the revival plan of the cash-strapped airline. The stock, however, pared almost all of its losses to end the day at Rs 125.20, down 0.36 per cent. READ MORE
Shares of Anil Dhirubhai Ambani Group (ADAG) companies came under heavy pressure on Monday with Reliance Power (RPower) hitting a new low of Rs 4.94, tumbling 20 per cent on the BSE after the company reported a huge loss of Rs 3,559 crore for the March 2019 quarter, due to impairment and higher finance costs. The company had posted a net profit of Rs 189 crore in the year-ago quarter. READ MORE
4:07 PM
» More on 52 Week High
Stocks that hit 52-week high on S&P BSE Sensex
| COMPANY | PRICE(rs) | 52 WK HIGH | CHG(rs) | CHG(%) |
|---|---|---|---|---|
| A B B | 1565.00 | 1625.40 | 0.65 | 0.04 |
| APOLLO HOSPITALS | 1377.00 | 1411.90 | -20.05 | -1.44 |
| ASTRAL POLY | 1348.95 | 1349.00 | 17.25 | 1.30 |
| BAJAJ FIN. | 3520.90 | 3555.00 | 9.50 | 0.27 |
| CHAMBAL FERT. | 188.05 | 196.25 | -2.90 | -1.52 |
4:04 PM
Heatmap: S&P BSE Sensex
4:02 PM
Market at close
3:33 PM
Market at close
The S&P BSE Sensex ended at 39,785, up 169 points while the broader Nifty50 index settled at 11,929, up 58 points.
3:23 PM
NEWS ALERT | Hero MotoCorp gets BS-VI certification for 2-wheeler splendor iSmart: CNBC TV18
3:10 PM
» More on 52 Week Low
Stocks that hit 52-week low on S&P BSE Sensex
| COMPANY | PRICE(rs) | 52 WK LOW | CHG(rs) | CHG(%) |
|---|---|---|---|---|
| CENTRAL BANK | 24.20 | 24.20 | -0.45 | -1.83 |
| COFFEE DAY ENTER | 233.50 | 233.50 | -3.60 | -1.52 |
| HIND.ZINC | 239.90 | 237.60 | 0.25 | 0.10 |
| IFCI | 8.94 | 8.75 | -0.06 | -0.67 |
| JAIN IRRIGATION | 37.85 | 37.05 | -5.20 | -12.08 |
2:56 PM
Suzlon Energy tanks 24% after report says deal with Vestas could fall apart
Shares of Suzlon Energy tanked as much as 24.47 per cent to Rs 3.95 intra-day during the afternoon deals on the BSE on Monday after reports suggested that the electrical equipment manufacturer could not crack a deal with Danish firm, Vestas Wind Energy, for stake sale. READ MORE
2:50 PM
NEWS ALERT | AB Fashion to buy Jaypore.com in a cash deal worth Rs 110 cr: CNBC TV18
- Deal to be finalised in 30-45 days
Alert: Jaypore.com is an online portal that focuses on traditional Indian handicrafts
Alert: Jaypore.com is an online portal that focuses on traditional Indian handicrafts
2:46 PM
NEWS ALERT | Monsoon hits Northeast, covers most part of Kerala: Met Dept
2:45 PM
Jain Irrigation tumbles over 11.5%
2:38 PM
NEWS ALERT | Board of SH Kelkar approves share buyback of up to 33 lakh shares at Rs 180/Sh
Alert: Buyback price set at a premium of 23% to CMP
2:32 PM
ICICI Securities on Pokarna
At the CMP, the stock is trading at ~6.5x FY19E EPS. We like Pokarna, given its increasing focus on high-margin quartz business, its owned quarries and technological moat (Bretonstone technology) in India. We believe the new quartz facility in Hyderabad will further help the company increase its share in the US market. We maintain BUY rating with a target price of | 215 per share (9x FY20E EPS). Any imposition of antidumping duty by US on Indian Quartz would remain a key risk for the stock.
2:31 PM
NEWS ALERT | Singapore Co asks Kiri Ind to pay 1.7 mn euros to DyStar: CNBC TV18
2:24 PM
Tata Motors dips
2:13 PM
DHFL rises 9%
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First Published: Jun 10 2019 | 7:16 AM IST
