Page 762 - Si Reporter

MARKET WRAP: Sensex ends 140 pts down, FMCG stocks slip; Rupee hits new low

In sectors, the Nifty FMCG index slipped 0.9 per cent, weighed by fall in Godrej Consumer Products and Hindustan Unilever (HUL), which lost 2.7 per cent to end the day at Rs 1,606 levels.

Sical Logistics surges 14% on fund raising plan through preferential issue

The board of directors of the company will be meet on September 7, 2018, to consider raising funds through issue of equity shares on a preferential basis.

Muthoot Finance gains 6% post Q1 results

The stock was up 6% at Rs 424 on the BSE after the company reported a 43% year on year growth in net profit at Rs 4.92 billion in Q1FY19.

TCS settles at new high; m-cap ends at Rs 8 trillion for the first time

TCS, which hit a new high of Rs 2,100 in intra-day, has outperformed the market by surging 55% so far in the calendar year 2018 against 13.5% rise in the S&P BSE Sensex.

MARKET WRAP: Indices settle lower on weak rupee; TCS m-cap at Rs 8 trillion

In individual stocks, banking shares such as HDFC Bank, State Bank of India (SBI), IndusInd Bank and ICICI Bank fell in the range of 1 per cent to 3.3 per cent.

FMCG shares under pressure; HUL falls 9% in two days

HUL, Jubilant FoodWorks, Dabur India, Nestle India, Britannia Industries, Godrej Consumer Products, Marico, and ITC were trading lower in the range of 2% to 5% on the National Stock Exchange today.

L&T Infotech surges 7% on strong response for OFS

The stock surged 7% to Rs 1,888 on the BSE in early morning trade on Tuesday, trading close to its 52-week high of Rs 1,911 touched on August 21, 2018 in intra-day trade.

Infosys turns ex-date for 1:1 bonus; stock hits new high

Infosys hit a new high of Rs 737, up 3% (adjusted to bonus issue) on the BSE after the shares of country's second largest IT services company turned ex-bonus in the ratio of 1:1.

Hikal hits 52-week high after Ashish Kacholia buys 1.6% stake

Hikal hits 52-week high of Rs 192, up 4% on Tuesday, extending its previous day's 15% surge on the National Stock Exchange.

MARKET WRAP: Sensex dips 333 pts; PMI data, proposed FPI norms spook Street

Among sectoral indices, the Nifty FMCG index settled over 2.5 per cent lower weighed by HUL and Britannia Industries.

Pharma shares extend rally; Dr Reddy's, Sun Pharma hit 52-week high

In past 14 trading days, Nifty Pharma index outperformed the market by surging 15% as compared to 2.3% rise in Nifty 50 index.

Real estate stocks trade weak after SC stays construction in some states

Sunteck Realty, DLF, Indiabulls Real State, Mahindra Lifespace Developers, Ajmera Realty, Puravankara and Kolte Patil Developers were trading lower in the range of 1% to 3% on the BSE.

Balkrishna Ind falls 8% after board approves capex plan of Rs 17 billion

The stock dipped 8% to Rs 1,261 after the company's board approved capex plan of Rs 17 billion in US and India, which funded via a mix of debt and internal accruals.

Ashok Leyland, Bajaj Auto gain; Maruti Suzuki falls post August sales

Eicher Motors, Tata Motors, TVS Motor Company, Hero MotoCorp and M&M were up 1% on the NSE.

Wipro surges 9% on winning over $1.5 billion deal from Alight Solutions

The stock surged 9% to Rs 328 after the Wipr on Sunday said that it has won its largest contract to date from US-based human resources (HR) and financial solutions company Alight Solutions LLC.

MARKET WRAP: Nifty at new high, Sensex up 284 pts; banks, FMCG stocks rally

Among key stocks, the fast moving consumer goods (FMCG) major ITC rose over 2 per cent to end at Rs 313 levels on the BSE. The stock hit a fresh 52-week high of Rs 315 earlier today.

ITC hits fresh 52-week high; stock surges 17% in one month

ITC hit a fresh 52-week high of Rs 315, up 2.5% on the BSE, was the largest gainer among the S&P BSE Sensex at 09:38 am.

Sun Pharma hits 52-week high on USFDA approval, good Q1 results

Sun Pharm hit a 52-week high of Rs 618, up 3%, extending its Tuesday's 7% rally on the BSE.

IT shares rally; Sonata Software, Zensar Technologies up over 10%

Nucleus Software Exports, Mindtree, Cyient, Majesco, Trigyn Technologies and Mphasis were up in the range of 2% to 8% on the BSE.

GAIL, Infosys, Bajaj Finance, Bajaj Finserv from Nifty 50 hit new highs

AIA Engg, Astral Poly, Balkrishna Ind, Dabur, Exide Ind, Havells India, Infibeam Incorp, Jubilant FoodWorks, NIIT Tech, Pfizer, United Breweries and Varun Beverages from Nifty 500 index hit new highs