MARKET WRAP: Indices end flat, Nifty holds 10,800; Max India rallies 20%
The S&P BSE Sensex added 33 points or 0.1 per cent to settle at 35,963, with Bharti Airtel (up 5 per cent) being the top gainer and HDFC (down nearly 2 per cent) the worst laggard.
 "markets, sebi")
After witnessing a rangebound session throughout the day, the domestic equity market ended with marginal gains on Friday, led by buying in telecom, IT and energy stocks. The S&P BSE Sensex added 33 points or 0.1 per cent to settle at 35,963, with Bharti Airtel (up 5 per cent) being the top gainer and HDFC (down nearly 2 per cent) the worst laggard.
The broader Nifty50 index of National Stock Exchange (NSE) closed the day at 10,805, up 14 points or 0.13 per cent. Out of 50 constituents, 29 ended in the green while 21 in the red.
The broader Nifty50 index of National Stock Exchange (NSE) closed the day at 10,805, up 14 points or 0.13 per cent. Out of 50 constituents, 29 ended in the green while 21 in the red.
A total of 2,704 companies traded on BSE, out of which 1,260 advanced and 1,300 declined while 144 stocks remained unchanged.
On a weekly basis, Sensex gained 0.81 per cent while NSE's Nifty added 1 per cent.
Among the sectoral indices, the Nifty Pharma index declined the most (down nearly 1 per cent), weighed down by Aurobindo Pharma and Divi's Laboratories.
Among individual stocks, Max India zoomed 20 per cent to Rs 80 apiece after reports said it was likely to exit from the health insurance business.
Shares of Fortis Healthcare tanked over 14 per cent in the intra-day trade to Rs 130 on the National Stock Exchange (NSE) after the Supreme Court put company's sale to IHH on hold. The stock, however, pared losses and eventually closed at Rs 141 apiece, down 7 per cent.
Shares of telecom services providers such as Bharti Airtel and Vodafone Idea rallied in an otherwise subdued market after Telecom Disputes Settlement and Appellate Tribunal (TDSAT) quashed Trai's predatory pricing rule. Bharti Airtel jumped 10 per cent to Rs 333, while Vodafone Idea climbed 8 per cent to Rs 37.60 on BSE in the intra-day trade. At close, shares of Bharti Airtel stood at Rs 319, up over 5 per cent while those of Vodafone Idea settled at Rs 36, up over 3.5 per cent.
The broader market indices moved in line with benchmarks. The S&P BSE Midcap index settled at 15,193, up 29 points while S&P BSE SmallCap ended just 4 points higher at 14,502.
Global Markets
Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the wider impact of a still-unresolved Sino-US trade dispute.The MSCI All-Country World Index, which tracks stocks across 47 countries, was down half a per cent.
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.5 percent. Japan’s Nikkei, also dragged down by the country’s weak tankan sentiment index, dropped 2.0 per cent.
(with Reuters input)
3:37 PM
Sectoral performers of the day on NSE
3:35 PM
BSE Sensex: gainers and losers of the day
3:33 PM
Market at close
The S&P BSE Sensex ended at 35,963, up 33 points, or 0.1 per cent, while the broader Nifty50 index settled at 10,805, up 14 points or 0.1 per cent.
3:16 PM
Shares of Oil and Natural Gas Corporation (ONGC) have moved higher by 5% to Rs 150, bouncing back 6% from the intra-day low of Rs 141 on BSE, after the company said its board will meet on Thursday, December 20, 2018, to consider a share buyback proposal. READ MORE
ONGC rebounds 6% from day's low as board mulls share buyback
Shares of Oil and Natural Gas Corporation (ONGC) have moved higher by 5% to Rs 150, bouncing back 6% from the intra-day low of Rs 141 on BSE, after the company said its board will meet on Thursday, December 20, 2018, to consider a share buyback proposal. READ MORE
3:01 PM
RBI vs govt: IMF says 'operational independence' of central banks important
The International Monetary Fund (IMF) on Thursday said "operational independence" of central banks like the Reserve Bank of India (RBI) was important for carrying out their responsibilities.
IMF Director Gerry Rice said this in response to a question on the recent developments at the RBI. He, however, added that his views were in the context of international experiences. READ MORE
2:45 PM
ONGC rebounds 6% as board mulls share buyback
Shares of Oil and Natural Gas Corporation (ONGC) have moved higher by 5% to Rs 150, bouncing back 6% from the intra-day low of Rs 141 on BSE, after the company said its board will meet on Thursday, December 20, 2018, to consider a share buyback proposal. Read more
2:27 PM
ONGC to consider share buyback next week, stock rises 4%
2:18 PM
Stocks that touched 52-week low on BSE500
» More on 52 Week Low
| COMPANY | PRICE() | 52 WK LOW | CHG() | CHG(%) |
| NARAYANA HRUDAYA | 200.40 | 200.40 | -5.05 | -2.46 |
| TEJAS NETWORKS | 201.40 | 194.25 | 3.35 | 1.69 |
| TIME TECHNOPLAST | 101.40 | 93.00 | -0.55 | -0.54 |
2:01 PM
NEWS ALERT RBI board meeting concludes
1:59 PM
Market check
| Index | Current | Pt. Change | % Change |
| S&P BSE SENSEX | 35,923.93 | -5.71 | -0.02 |
| S&P BSE SENSEX 50 | 11,290.71 | +0.40 | 0.00 |
| S&P BSE SENSEX Next 50 | 32,259.67 | -56.71 | -0.18 |
| S&P BSE 100 | 11,059.40 | -2.58 | -0.02 |
| S&P BSE Bharat 22 Index | 3,395.28 | +2.09 | +0.06 |
Topics :
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Dec 14 2018 | 8:10 AM IST