Page 706 - Si Reporter

Rupee plunges to 72 against US dollar for the first time in 2019

The domestic currency on Thursday crashed to an over eight-month low of 71.81, dropping 26 paise as tumbling equities and incessant foreign fund outflows weighed on sentiment.

Rupee opens 13 paise lower at 71.90 against US dollar amid weak global cues

The domestic unit on Wednesday lost 29 paise to close at 71.77 as fears of an impending global recession prompted investors to stick to safe-haven assets.

F&O Expiry: Sensex slips 383 pts, Nifty below 11,000; financials decline

Domestic investors also remained cautious ahead of GDP data for the April-June quarter due on Friday.

Stocks to watch: Lakshmi Vilas Bank, Nestle, Indiabulls Hsg Fin, Sun Pharma

Here's a list of counters that may trade actively in today's trading session.

MARKET: Sensex up 228 pts on reports govt may rollback higher tax on FPIs

FM Nirmala Sitharaman will address media wherein announcements on steps to revive the economy, clarity on super-rich tax on FPIs, and direct tax code are expected.

Edelweiss falls 7% despite clarification on investment in Kohinoor group

The stock of the financial services firm hit a low of Rs 93, its lowest level since December 27, 2016.

Future Retail erases morning gains, slumps up to 8% post Amazon deal

After almost a year of negotiations, global e-commerce and technology giant Amazon.com is acquiring a 49 per cent stake in Future Coupons, the promoter entity of Future Retail.

IndusInd Bank slips for fourth day, loses 11% in a week to hit 30-month low

Analysts' concerns about IndusInd Bank's exposure to stressed groups and the prevailing slowdown in select lending segments added to the woes.

Turbulence in broader market continues; Small-cap index hits 32-month low

The smallcap index touched 11,951 levels, its lowest level since December 29, 2016, while the midcap index hit a low of 12,915, its lowest level since February 1, 2017

63 Moons Tech freezes in 10% upper circuit as company wins MPID case

In April 2018, the Maharashtra government had issued several notifications and orders to attach property worth Rs 2,500 crore, including reserves of around Rs 1,800 crore in several bank accounts.

Stocks to watch: Future Retail, DHFL, Lupin, 63 Moons Tech, Glenmark Pharma

Here's a look at the top stocks that may trade actively in today's trading session.

324 stocks hit lower circuit on BSE; Reliance Capital tumbles 24% intra-day

"Delay in addressing concerns of FPIs regarding taxation and slowdown in the economy is seeing foreign selling continue with over $2.5 bn being the collateral damage since Budget," IIFL Securities.

MARKET WRAP: Sensex tumbles 587 pts, Nifty below 10,750; small-caps bleed

All the sectors ended in the red except Nifty IT index, which gained on the back of a weaker rupee. The domestic currency slumpped 40 paise intra-day to hit a 2019 low of Rs 71.96/ US dollar.

Hindustan Unilever hits record high in weak market, up 12% in one month

In the past one-month, HUL has outpaced the market by surging 12 per cent against a 3 per cent decline in the benchmark index, after reporting in-line April-June quarter (Q1FY20) earnings.

Hathway zooms 97%, Den Networks 50% in 7 days on Jio Fiber rollout plan

Earlier this year, RIL acquired stakes in three leading MSOs, Hathway, Den and GTPL, who have direct relations with over 30,000 local cable operators (LCOs)

DLF tumbles 20% as SC issues notice on non-disclosure of key information

DLF issued a clarification saying that allegations made in the petition "are not material" and "incorrect."

LIC Housing Finance slips nearly 8% post block deal

According to reports, Fidelity Management has likely sold stake in the company.

Stocks to watch: LIC Hsg Fin, Reliance Naval, NMDC, autos, Coffee Day, BHEL

Here's a look at the top stocks that are likely to trade actively in today's trading session.

Tata Motors, ONGC, YES Bank hit over 5-yr low; ITC, Tata Steel at 2-yr low

Coal India, BHEL, Cummins India, Tata Power, SAIL, Reliance Capital, Wockhardt and CG Power were among 31 stocks from BSE500 index that hit 5-year low.

Nestle India, Trent, GSK Consumer hit fresh highs in weak market

Nestle India gained 4 per cent to Rs 12,397, and surpassed its previous high of Rs 12,266, recorded on August 9