INSUBCONTINENT EXCLUSIVE:
LIVE market updates: The Sensex rose as much as 465.01 points to 38,345.41 in morning dealsDomestic stock markets started Friday's session
on a positive note tracking gains in global peers
The S-P BSE Sensex index rose as much as 465.01 points to touch 38,345.41 in early trade, and the broader NSE Nifty benchmark climbed to as
high as 11,362.90 , up 128.35 points from its previous close
Gains in banking, financial services and metal shares pushed the markets higher, however losses in IT and pharmaceutical stocks kept the
Thursday, the S-P BSE Sensex and NSE Nifty indices had declined 0.78 per cent and 0.70 per cent respectively, as the markets continued their
Jhunjhunwala and his wife Rekha Jhunjhunwala have collectively reduced their shareholding in Titan Company as of quarter ended September
2019.Mr Jhunjhunwala and his wife collectively held 6.51 per cent stake in the jewellery retailer down from 7.05 per cent at the end of
quarter ended June 2019, according to the shareholding pattern available on the BSE.Shares of Titan Company were trading 0.87 per cent lower
at Rs 1,224.30, underperforming the Sensex which was up 0.22 per cent.Indiabulls Ventures Surges On Board's Approval For Share
BuybackShares of financial services company - Indiabulls Ventures - rose as much as 8.38 per cent to Rs 107.95 after its board approved
share buyback proposal of Rs 1,000 crore.Indiabulls Ventures will buy back shares 6.66 crore shares representing 12.61 per cent pf total
paid-up equity at Rs 150 per share.Indiabulls Real Estate Surges 5% After Board Approves Share Buyback ProposalShares of the Gurugram-based
real estate company - Indiabulls Real Estate - surged 5 per cent to Rs 43.40 after its board of directors approved proposal to buyback
shares worth Rs 500 crore.The board of directors of Indiabulls Real Estate approved buyback of 5 crore shares of face value of Rs 2 each at
Rs 100 per equity share.Nifty Bank Index Slumps Over 850 Points From Day's HighGauge of banking shares on the National Stock Exchange -
Nifty Bank index - fell as much as 867 points from day's high to hit an intraday low of 27,736.80.Earlier in the day, Nifty Bank index
surged as much as 591 points to 28,604.05.Top losers in the Nifty Bank index:RBL Bank down 9.32%Yes Bank down 7.08%IndusInd Bank down
2.12%Punjab National Bank down 0.80%Kotak Mahindra Bank down 0.26%Passenger Vehicle Sales Decline For Eleventh Straight Month: Industry Body
SIAMPassenger vehicle sales slumped 23.7 per cent in September, marking the eleventh straight month of declines, amid one of the worst
slowdowns seen in India's auto industry, data released by industry body SIAM or Society of Indian Automobile Manufacturers
showed.Passenger vehicle sales dropped to 2,23,317 units in September, the data showed, while passenger car sales dived 33.4 per cent to
1,31,281 units.Sensex, Nifty Off Day's HighsThe Sensex plunged as much as 607.56 points from the day's highest level to hit 37,737.85 on
the downside dragged by losses in TCS, Reliance Industries and IndusInd Bank shares
The broader NSE Nifty benchmark moved in a range of 173.5 points, declining to as low as 11,189.40 at the session's weakest level.At 11:08
am, the markets had erased most of intraday gains, with the Sensex trading 69.28 points - or 0.18 per cent - higher at 37,949.68 and the
Nifty at 11,239.70, up 5.15 points from its previous close.Rupee Rises To 70.80 Against DollarThe rupee gained by as much as 26 paise to
It was last seen trading at 70.97 against the greenback, up 9 paise - or 0.13 per cent - compared with its previous close of 71.06.Optimism
September Quarter EarningsTCS shares fell as much as 3.96 per cent to Rs 1,925.00 apiece on the National Stock Exchange (NSE), a day after
On the Bombay Stock Exchange (BSE), TCS shares hit an intraday low of Rs 1,929.00 apiece as against their previous close of Rs 2,004.40,
or ?1.23 per cent - to touch 38,345.41 at the day's strongest level
Coal India among top gainers.Top Nifty Gainers/LosersTop Sensex Gainers/LosersStockChangeVedanta+4.32%Infosys+3.46%Tata
Steel+3.03%ONGC+2.51%SBI+2.09%IndusInd Bank-0.46%Bharti Airtel-0.50%Tech Mahindra-0.62%Sun Pharma-0.76%TCS-2.71%Market Breadth Favours Gains
With Advance-Decline Ratio Of 2:1Market breadth was positive with an advance-decline ratio of about 2:1
On the Bombay Stock Exchange (BSE), 992 stocks rose, 524 fell while 110 remained unchanged at 10 am
which the number of stocks trading higher is compared with that of those moving lower.Banking, Financial Services, Metal Stocks Lead Gains
In MarketsNine out of the 11 sectoral indices on the National Stock Exchange (NSE) moved higher in the first few minutes of trade, with
metal, banking and financial services stocks leading gains.Index WatchIndexChangeNifty Metal+2.98%Nifty Bank+2.02%Nifty PSU Bank+1.96%Nifty
Private Bank+1.90%Nifty Financial Service+1.76%Nifty Auto+1.13%Nifty Realty+0.92%Nifty Fast-Moving Consumer Goods+0.88%Nifty
Media+0.56%Nifty Pharma-0.21%Nifty IT-0.62%Sensex Up Over 200 Points, Nifty Near 11,300At 9:20 am, the Sensex traded 221.37 points - or 0.58
per cent - higher at 38,101.77 while the Nifty was up 57.85 points - or 0.51 per cent - at 11,292.40
Top percentage gainers on the 50-scrip index at the time were Tata Steel, Vedanta, Coal India, Kotak Bank and JSW Steel, trading between
In the opening trade, top gainers on the 50-scrip index were Tata Steel, Tata Motors, Vedanta, JSWL Steel and SBI, trading between 1.22 per
climbed as much as 302.59 points - or 0.80 per cent - to touch 38,182.99 on the upside in the pre-opening session
At 9:05, the Sensex was up 84.60 points - or 0.22 per cent - at 37,965.00 while the broader NSE Nifty index was up 15.20 points - or 0.14
earnings report for the quarter ended September 30 at around 3:45 p.m
The company's top management will hold a press conference at 4:15 pm, which will be followed by a 60-minute conference call at 5:30 pm in
2020 to 5.8 per cent from 6.2 per cent
after the country's largest IT services company reported a net profit of Rs 8,042 crore for the quarter ended September 30, led by growth
38,977 crore in the second quarter of current financial year, as against Rs
38,172 crore in the quarter ended June 30
(Read more on TCS earnings)Asian Shares Rise On US-China Trade OptimismEquities in other Asian markets rose, with MSCI's broadest index of
Asia-Pacific shares outside Japan climbing 0.5 per cent and Japan's Nikkei stock index gaining 0.9 per cent
The Asian markets and Wall Street futures moved higher after US President Donald Trump said he would meet with China's top trade
Domestic MarketsDomestic stock markets are likely to start Friday's session on a positive note
The SGX Nifty futures are an early indicator of the National Stock Exchange (NSE) Nifty index in India.
