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MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

The S&P BSE Sensex closed the session at 36,068, down 8 points, while, the National Stock Exchange's (NSE's) Nifty50 index added just 3 points to settle at 10,863

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Market Wrap  |  Sensex  |  Nifty

SI Reporter  |  New Delhi 

The domestic equity market ended the last trading day of the calendar year 2018 (CY18) on a flat note. The S&P BSE Sensex closed the session at 36,068, down 8 points, while, the National Stock Exchange's (NSE's) Nifty50 index added just 3 points to settle at 10,863. The broader market indices, however, outperformed their headline peers, with the S&P BSE MidCap index gaining 78 points or 0.5 per cent to settle at 15,438, and the S&P BSE SmallCap index rose 0.7 per cent or 101 points to end at 14,707 level. MARKET IN 2018 The Sensex ...

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MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

S&P BSE Sensex: Top gainers and losers

MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

Market at close   The S&P BSE Sensex ended flat at 36,068, down 8 points while NSE's Nifty50 index settled at 10,863, up just 3 points.

MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

Butterfly Gandhimathi up 20% as CRISIL upgrades rating for bank facilities Shares of Butterfly Gandhimathi Appliances were locked in the upper circuit of 20% at Rs 299 on the BSE, after the credit rating agency CRISIL revised its outlook on the long- term bank facilities of the company to 'Positive' from 'Stable’.   Till 03:00 pm, around 28,000 equity shares changed hands and there were pending buy orders for 6,989 shares on the BSE, the exchange data shows. READ MORE

MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

From Bezos to Zuckerberg: World's billionaire winners and losers of 2018   The popularity of Fortnite, the phenomenon that forced some into video-game rehab, gave gamemaker Tim Sweeney a $7.2 billion fortune this year. Autry Stephens has $11.4 billion after his closely held Endeavour Energy Resources LP attracted bids that valued the oil company at as much as $15 billion. READ MORE

MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

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MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

Metals, PSU banks, realty top sectoral gainers

MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

Market Check Index Current Pt. Change % Change   S&P BSE SENSEX 36,087.11 +10.39 +0.03   S&P BSE SENSEX 50 11,374.62 +10.91 +0.10   S&P BSE SENSEX Next 50 33,049.14 +167.68 +0.51   S&P BSE 100 11,169.70 +17.30 +0.16   S&P BSE Bharat 22 Index 3,496.30 +4.53 +0.13

MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

BHEL bags Rs 3.5k cr order for setting up 660 MW thermal unit in West Bengal State-run BHEL on Monday said it has bagged an order worth Rs 3,500 crore for setting up a 660 MW supercritical thermal power plant in West Bengal. The order by West Bengal Power Development Corporation (WBPDCL) entails setting up a 660 MW Sagardighi Thermal Power Project at Manigram village in Murshidabad district of West Bengal, BHEL said in a statement. READ MORE

MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

After staying range-bound, gold likely to trade with an upward bias in 2019 After staying range-bound for several years, gold is expected to trade with an upward bias in 2019. A decade-long bull run in gold from 2001 to 2011 when it gained over six times, was followed by a 40 per cent decline by 2015.   Since then it has traded in a range between $1,150 and $1,350 per ounce in international markets. In 2018, prices are still lower by 1.9 per cent in dollar terms but in India gold went up 7.9 per cent from Rs 29,240 to Rs 31,550 per 10 gm, due to rupee depreciation. READ MORE

MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

Tube Investments up for third straight day; stock hits new high Shares of Tube Investments of India, a Murugappa Grou company, were trading higher for the third straight day, rising 5% to Rs 359 per share, hitting a new high on the BSE in an otherwise range-bound market, on expectations of strong earnings growth. The stock surpassed its previous high of Rs 350 touched on December 13, 2018, in intra-day trade. READ MORE

MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

ICRA maintains stable year-end outlook for the steel sector   ICRA has given a stable outlook for the steel sector, in its year end assessment of the sector. The Government’s thrust on infrastructure, in particular towards affordable housing, power transmission, and the Railways in the Union Budget 2018-19 is likely to keep domestic steel consumption growth favourable in the medium term, which is expected to grow by 7 per cent during FY2019 as well as FY2020. 

First Published: Mon, December 31 2018. 08:25 IST
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MARKET WRAP: Sensex slips 8 points on last day of CY18; gains 6% YoY

The S&P BSE Sensex closed the session at 36,068, down 8 points, while, the National Stock Exchange's (NSE's) Nifty50 index added just 3 points to settle at 10,863

The domestic equity market ended the last trading day of the calendar year 2018 (CY18) on a flat note. The S&P BSE Sensex closed the session at 36,068, down 8 points, while, the National Stock Exchange's (NSE's) Nifty50 index added just 3 points to settle at 10,863. The broader market indices, however, outperformed their headline peers, with the S&P BSE MidCap index gaining 78 points or 0.5 per cent to settle at 15,438, and the S&P BSE SmallCap index rose 0.7 per cent or 101 points to end at 14,707 level. MARKET IN 2018 The Sensex ...

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