Page 696 - Si Reporter

MARKET: Sensex posts biggest 1-day gain in percentage terms, ends at 28,536

All that happened in markets today

Metropolis Healthcare jumps 17% on strong long-term growth prospects

The brokerage expects the healthcare company to benefit from its aggressive B2C expansion, where it has expanded its network touch points by ~6.6X over the past 3.5 years

Capital Goods index hits over 6-year low; L&T down 51% in 2-months

Analysts anticipate some amount of weakness on the execution front in H1FY21 due to current challenges in manpower movement.

RIL surges over 9% on report Facebook eyeing stake in Reliance Jio

The report said the outspread of coronavirus could alter the schedule of signing the deal

M&M hits lowest level since April 2010, stock tanks 51% in a month

Covid-19, analysts say, will have an immediate short-term adverse impact on the automobile industry due to a decline in incomes and a slowdown in commercial activity.

MARKET WRAP: Sensex takes a breather, gains 1,628 pts; Nifty ends at 8,745

All that happened in markets today

YES Bank extends decline on profit-booking, tumbles 33% in two days

With the past two days' decline, the market price of YES Bank has more than halved from the level of Rs 87.95 touched on Wednesday, March 18, in the intra-day trade.

IT shares rally on value buying; TCS, HCL Tech, Wipro gain over 10%

In the past one month, the Nifty IT index has slipped 32.3 per cent

Ashok Leyland hits over 5-year low on HLFL stake purchase proposal

Ashok Leyland on Wednesday announced that it would acquire around 7 per cent stake from the existing private equity investor Everstone and around 12 per cent from promoter owned entity

Bank of Baroda overtakes IndusInd Bank in market cap; stock jumps 2%

Thus far in the calendar year 2020, IndusInd Bank's share price has plunged 75 per cent from the level of Rs 1,511 on the BSE

IDFC First Bank hits new low as MD & CEO Vaidyanathan sells 27 mn shares

At 10:08 am, the stock had erased its entire early morning losses and was trading 1 per cent higher

Pharma stocks advance; Ipca Labs, Cadila Healthcare soar up to 19%

Given India is relatively better placed to scale up and due to lower outbreak of Covid-19, India may benefit by supplying more to US and EU, analysts say.

MARKET WRAP: Sensex recovers 1,574 pts from day's low to end at 28,288

All that happened in markets today

ITC re-enters list of top-10 most valued firms after stock rises 6%

With market capitalization of Rs 1.95-trillion, ITC stood at number 10th position in overall rankings, BSE data shows

Liquor stocks in low spirits as bars, clubs shut amid coronavirus outbreak

Fearing community transmission of coronavirus due to mass gathering, states like Maharashtra, Karnataka, and Delhi have ordered shutdown of malls, bars, and restaurants as precautionary measure

Nifty Auto hits 6-year low; Maruti tumbles 11%, Ashok Leyland plunges 19%

Post the coronavirus outbreak, the correction in the auto index is now closer to that witnessed during the 2008 Global Financial Crisis (GFC) period, said HDFC Securities

MARKET WRAP: Sell-off resumes; Nifty ends at 3-yr low; Sensex at 30-mth low

All that happened in the markets today

Future Retail hits over 3-year low; stock tanks 46% in four days

The management said the significant movement of price of the equity shares of the Company during recent past is due to unprecedented fall across the global markets including India

YES Bank records sharpest ever intra-day rally, surges 58% in a weak market

The management said the Bank's near term focus will be on deposit mobilization, retail loans including MSME, cost optimization and acceleration in the resolution of stressed assets

Multiplex operator shares tank; PVR slips 19%, Inox Leisure down 15%

In the past three weeks, PVR has plunged 49 per cent and Inox Leisure has tanked 45 per cent, as compared to a 20.5 per cent decline in the S&P BSE Sensex.