Page 1605 - Business Finance

Volumes soar at Kalpataru Power Transmission Ltd counter

Kalpataru Power Transmission Ltd recorded volume of 2.72 lakh shares by 14:14 IST on NSE, a 8.14 times surge over two-week average daily volume of 33402 shares

Gold futures weaken to Rs 31,557 per 10 gram

Gold prices fell Rs 38 to Rs 31,557 per 10 gram in futures trade Monday as speculators reduced exposure despite a firm trend in the precious metal overseas. At the Multi Commodity Exchange, gold for delivery in February next year traded lower by Rs 38, or 0.12 per cent, to Rs 31,557 per 10 gram in a business turnover of 14,809 lots. The gold for delivery in far-month April, too, fell by Rs 13, or 0.04 per cent, to Rs 31,714 per 10 gram in 1,538 lots. Marketmen said the fall in gold prices at futures trade was mostly due to trimming of positions by participants. Globally, the gold was trading a shade higher by 0.09 per cent at USD 1,247.92 an ounce in Singapore.

Market extends intraday losses

The market declined sharply and hit fresh intraday low in mid-afternoon trade. At 14:22 IST, the barometer index, the S&P BSE Sensex, was down 632.14 points or 1.77% at 35,041.11. The Nifty 50 index was down 189.35 points or 1.77% at 10,504.35. The Nifty regained the psychologically important 10,500 mark after briefly slipping below that level.

Tea production down 3.7% in Oct, exports up 1.17%

India's estimated tea production fell by around 3.7 per cent to 176.44 million kg in October from 183.23 million kg produced in the year-ago month, according to data from the Tea Board India released on Monday.

Sensex nosedives over 550 points, Nifty above 10,500

Ahead of the exit poll results, the markets on Monday plunged over a percent in the morning trade, with Nifty opening above 10,550.The Sensex traded down 502.05 points at 35171.20, while the Nifty was down 156.60 points trading at 10537.10.With a negative breadth, selling was visible across all sectors, with metals, infrastructure, automobiles, banks and pharmaceuticals being the top losers.The Indian rupee slipped in the early trade, as it opened lower by 54 paise at 71.34 per dollar against previous close 70.80.

Central Bank of India down for fifth straight session

The stock is quoting at Rs 27.8, down 1.77% on the day as on 13:19 IST on the NSE. Central Bank of India tumbled 63.88% in last one year as compared to a 2.05% rally in NIFTY and a 25.82% fall in the Nifty PSU Bank index.

Syndicate Bank drops for fifth straight session

The stock is quoting at Rs 31.1, down 1.27% on the day as on 13:19 IST on the NSE. Syndicate Bank tumbled 63.88% in last one year as compared to a 2.05% rally in NIFTY and a 25.82% fall in the Nifty PSU Bank index.

Bank of India slips for fifth straight session

The stock is quoting at Rs 78.65, down 1.13% on the day as on 13:19 IST on the NSE. Bank of India tumbled 56.76% in last one year as compared to a 2.05% rally in NIFTY and a 25.82% fall in the Nifty PSU Bank index.

Union Bank of India down for fifth straight session

The stock is quoting at Rs 72.6, down 0.55% on the day as on 13:19 IST on the NSE. Union Bank of India tumbled 53.06% in last one year as compared to a 2.05% rally in NIFTY and a 25.82% fall in the Nifty PSU Bank index.

Lupin Ltd eases for fifth straight session

The stock is quoting at Rs 826.25, down 1.79% on the day as on 13:19 IST on the NSE. Lupin Ltd tumbled 1.54% in last one year as compared to a 2.05% rally in NIFTY and a 6.87% fall in the Nifty Pharma index.

Hindustan Copper Ltd down for fifth straight session

The stock is quoting at Rs 45.6, down 2.36% on the day as on 13:19 IST on the NSE. Hindustan Copper Ltd tumbled 37.76% in last one year as compared to a 2.05% rally in NIFTY and a 16.27% fall in the Nifty Metal index.

Steel Authority of India Ltd drops for fifth straight session

The stock is quoting at Rs 50.6, down 0.78% on the day as on 13:19 IST on the NSE. Steel Authority of India Ltd tumbled 37.76% in last one year as compared to a 2.05% rally in NIFTY and a 16.27% fall in the Nifty Metal index.

TV18 Broadcast Ltd drops for fifth straight session

The stock is quoting at Rs 33.55, down 1.47% on the day as on 13:19 IST on the NSE. TV18 Broadcast Ltd tumbled 40.88% in last one year as compared to a 2.05% rally in NIFTY and a 25.86% fall in the Nifty Media index.

Network 18 Media & Investments Ltd eases for fifth straight session

The stock is quoting at Rs 36.75, down 1.21% on the day as on 13:19 IST on the NSE. Network 18 Media & Investments Ltd tumbled 7.65% in last one year as compared to a 2.05% rally in NIFTY and a 25.86% fall in the Nifty Media index.

Zee Media Corporation Ltd down for fifth straight session

The stock is quoting at Rs 22.65, down 0.22% on the day as on 13:19 IST on the NSE. Zee Media Corporation Ltd tumbled 7.65% in last one year as compared to a 2.05% rally in NIFTY and a 25.86% fall in the Nifty Media index.

GAIL (India) Ltd drops for fifth straight session

The stock is quoting at Rs 333.3, down 0.42% on the day as on 13:19 IST on the NSE. GAIL (India) Ltd tumbled 7.65% in last one year as compared to a 2.05% rally in NIFTY and a 3.38% fall in the Nifty Energy index.

Punjab National Bank eases for fifth straight session

The stock is quoting at Rs 65.55, down 0.68% on the day as on 13:19 IST on the NSE. Punjab National Bank tumbled 62.1% in last one year as compared to a 2.05% rally in NIFTY and a 3.25% spurt in the Nifty Bank index.

Yes Bank Ltd slips for fifth straight session

The stock is quoting at Rs 165.15, down 0.63% on the day as on 13:19 IST on the NSE. Yes Bank Ltd tumbled 47% in last one year as compared to a 2.05% rally in NIFTY and a 3.25% spurt in the Nifty Bank index.

IndusInd Bank Ltd eases for fifth straight session

The stock is quoting at Rs 1561.85, down 0.32% on the day as on 13:19 IST on the NSE. IndusInd Bank Ltd tumbled 6.48% in last one year as compared to a 2.05% rally in NIFTY and a 3.25% spurt in the Nifty Bank index.

Brent oil rises after deal to cut supply, but 2019 outlook weakens

SINGAPORE (Reuters) - Brent crude oil futures rose on Monday after producer club OPEC and some non-affiliated suppliers last Friday agreed to a supply cut from January.