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JET AIRWAYS FALLS 5%- JET AIRWAYS share price is down 3.9% to Rs 216.2 on the BSE. On the NSE, the JET AIRWAYS share price is down 3.9% to Rs 215.7. The total volume of shares traded is 3.3 m.  Overall, the benchmark S&P BSE SENSEX is trading at 36,041.1 (up 0.4%).Over the last 30 days, the JET AIRWAYS share price is down 11.9%. And over the last one year, JET AIRWAYS share price is down 70.9%. Market Opens: It is a strong start for the indices on Thursday with Nifty trading around 10,850 level. At 09:18 hrs IST, the Sensex is up 139.66 points at 36045.09, while Nifty is up 40.90 points at 10847.60. About 525 shares have advanced, 138 shares declined, and 33 shares are unchanged.  Bharti Airtel in Focus- BHARTI AIRTEL share price is up 0.9% to Rs 322.9 on the BSE. On the NSE, the BHARTI AIRTEL share price is up 0.9% to Rs 323.2. The total volume of shares traded is 1.0 m. Overall, the broader S&P BSE TECK Index is trading up by 0.3%. And the benchm...

Market Opens: Benchmark indices opened on a higher note on Wednesday with Nifty hovering around 10,900 level. The Sensex is up 216.17 points at 36189.88, while Nifty is up 52.20 points at 10887.50. About 510 shares have advanced, 98 shares declined, and 21 shares are unchanged.  Yes Bank, Adani Ports, UltraTech, HPCL, ICICI Bank, RIL, JSW Steel are among major gainers, while Wipro, HCL Tech, TCS, Tech Mahindra are trading lower.  Among the sectors, except IT, all other indices are trading in green. Midcap and smallcap also trading with a 0.5 per cent gain. Crude Update: Oil prices rose on Wednesday after a report of declining crude inventories in the country and as producer club, OPEC seemed to stick to its supply cuts despite pressure from US President Donald Trump. Shares of Allahabad Bank were trading over 3 per cent higher as the Reserve Bank of India (RBI) on Tuesday removed three commercial banks – Allahabad, Corporation and Dhanlaxmi -- from the prompt ...

Market Opens: The geopolitical tension on the Indo-Pak border has pulled the Nifty below 10,800 in the opening trade, while Sensex is down over 200 points. The Sensex is down 241.49 points at 35971.89, while Nifty is down 81.60 points at 10798.50. About 171 shares have advanced, 780 shares declined, and 41 shares are unchanged.  Top gainers are Bharti Infratel, Asian Paints and HCL Tech, while losers include Yes Bank, SBI, Indiabulls Housing, JSW Steel, Hero Moto, ONGC, ICICI Bank, Hindalco, Vedanta, Bajaj Finance and Rain Industries, Jet Airways and Spicejet. IAF destroys Pakistan terror camps: Mirage jets drop 1000 kg bombs across LOC IAF destroys Pakistan terror camps! In a big overnight operation, IAF’s Mirage 2000 fighter jets have completely destroyed multiple terror camps in Pakistan. According to IAF sources, quoted by ANI, as many as 12 Mirage 2000 fighter jets of the Indian Air Force took part in the operation.  According to reports, 1,000 kgs ...

Market open: Sensex, Nifty Open Higher Indian equity benchmarks opened higher following gains in their Asian peers after the U.S. President Donald Trump postponed the date for boosting tariffs on Chinese imports. The S&P BSE Sensex Index rose as much as 0.43 per cent to 36,027 and the NSE Nifty 50 Index rose as much as 0.32 per cent to 10,826.35. The market breadth was tilted in favour of buyers. About 970stocks advanced and 459 shares declined on the National Stock Exchange. All the sectoral gauges compiled by NSE advanced, led by the NSE Nifty Realty Index’s 2.1 per cent gain. Realty Shares Rally Realty Index Extend Rally On GST Relief - The NSE Nifty Realty Index extended gains for the sixth consecutive trading session, its longest gaining streak in nearly four months. This after the Goods and Services Tax Council approved lowering the tax rate on under-construction properties to 5 per cent without the input tax credit, from 12 per cent earlier, while the ...

Kotak Mahindra Bank Falls 5% -   After Block Deals Shares of Kotak Mahindra Bank fell nearly 5 per cent intraday Rs 1,225. About 5.87 crore shares or 3 per cent equity of the Mumbai-based lender changed hands in a block deal, according to Bloomberg data. While the buyers and sellers were not immediately known, quoting two bankers in the know, that ING Group is looking to sell its stake in the private lender. Trading volume was 200 times its 20-day average. The stock advanced 22 per cent in the past 12 months compared to a 6.1 per cent advance in the Sensex.  Market Opens: Benchmark indices opened flat with a negative bias on Friday with Nifty holding above 10,750 level. At 09:17 hrs IST, the Sensex is down 36.45 points at 35861.90, while Nifty was down 15.10 points at 10774.80. About 400 shares have advanced, 347 shares declined, and 38 shares are unchanged.  Bajaj Auto, Maruti Suzuki, ICICI Bank, HUL, BPCL, HPCL, IOC, HDFC Bank are the top gainers in the m...

Shares of Vedanta were trading nearly 2 percent higher in the early deals. Sensex Nifty open Higher -  It is a strong start for the indices on Wednesday with Nifty trading above 10,650 level. At 09:17 hrs IST, the Sensex is up 196.95 points at 35549.56, while Nifty is up 63.50 points at 10,667.90. About 595 shares have advanced, 249 shares declined, and 49 shares are unchanged. All the sectoral indices are trading in green led by realty, energy, metal, infra, pharma, and FMCG. Top Stocks - Shriram Trasport, ITI, Yes Bank, Indiabulls Housing, Vedanta, Power Grid, Dr. Reddy's Lab, Grasim, Bajaj Finserv, are among major gainers, while losers include Zee Entertainment, Reliance Capital. Rupee Opens: The Indian rupee opened marginally higher at 71.29 per dollar versus Monday's close 71.34. OIL PRICES - Oil prices slipped from 2019 highs on Wednesday as rising US supply eroded OPEC cuts. US West Texas Intermediate (WTI) crude oil futures were at $55.84 per bar...

Yes Bank shares gained by more than 2% to Rs 218.10, while ICICI Bank shares are up 342.15, to emerge among the top Sensex gainers. Sensex, Nifty Trade higher: Sensex, Nifty Swing In Open Indian equity benchmarks traded higher after fluctuating between gains and losses in the open. The S&P BSE Sensex Index traded 0.2 per cent higher at 35,570 as of 9:17 a.m. and the NSE Nifty 50 Index traded at 10,658.40, up 0.19 per cent. The market breadth was tilted in favour of buyers. About 755 stocks advanced and 604 shares declined on National Stock  Gainers include Jet Airways, Ambuja Cements, Dr Reddy's Lab, Sun Pharma, Grasim, JSW Steel, Hindalco, Emami, while losers are Indiabulls Housing, Wipro, HDFC, Adani Port and IDFC. Market at pre-open: Benchmark indices are mixed in in the pre-opening trading with Nifty holding above 10,600. At 09:02 hrs IST, the Sensex is up 96.03 points or 0.27% at 35594.47, and the Nifty down 13.70 points or 0.13% at 10627.30. Emami, ...

Yes Bank shares down 5%- It was the biggest loser among the Sensex stocks. Ashok Chawla, Yes Bank’s non-executive chairman, has stepped down with immediate effect, following his name appearing in Aircel-Maxis controversy. Independent Director Vasant Gujarathi has also quit, citing personal commitments. The bank's board has appointed Uttam Prakash Agarwal as additional director (Independent) for five years, subject to shareholder’s approval. Rupee weakens against US dollar-  The rupee was trading at 71.35 a dollar, down 0.18% from its previous close of 71.23. The currency opened at 71.30 a dollar, touching a high 71.30 and a low 71.40. Market Opens: It is a flat start for the benchmark indices on Monday with Nifty holding above 10,700 marks. The Sensex is up 38.58 points at 35847.53, while Nifty is up 6.60 points at 10731. About 460 shares have advanced, 395 shares declined, and 52 shares are unchanged.  Stock To Watch - L&T, Rel Infra, Reliance Capital,...

Market Opens: Benchmark indices started on a flat note on Friday with Nifty trading below 10,750 marks. The Sensex is down 32.22 points at 35844.00, while Nifty is down 18.30 points at 10727.70. About 332 shares have advanced, 515 shares declined, and 41 shares are unchanged.  Shares of  DHFL (Dewan Housing Finance Corporation Limited) slipped 4 per cent in the early trade amid resignation of its CEO Harshil Mehta. In the broader market, S&P BSE MidCap index was trading 74 points, or 0.52 per cent lower at 14,033, while S&P BSE SmallCap index was ruling at 13,334, down 29 points, or 0.22 per cent. Shares of ONGC jumped as much as 5.5 per cent in early trade after the company reported strong results for the quarter ended December 31, 2018. Shares of the oil and gas explorer rose nearly 6 per cent intraday, the most in over four months, to Rs 140. The stock had declined for five consecutive trading sessions. The scrip was the best performer on Sensex and Nifty...

Yes, Bank Jumps 30% -  As RBI Says No Divergence In Asset Quality Shares of the Mumbai-based bank jumped as much as 29.98 per cent, the most since July 2005, to Rs 220.25. The stock was the best performer on Sensex and Nifty.  The private lender received Reserve Bank of India’s compliance assessment report for 2017-18, according to its stock exchange notification. The report stated that there is no divergence in asset classification and provisioning as per the country’s central bank norms. Trading volume was almost six times its 20-day average. The stock had declined 49 per cent in the past 12 months compared to a 5.1 per cent advance in the Sensex. Market Opens: Benchmark indices are trading lower on a Thursday morning with Nifty hovering around 10,750 level. At 09:18 hrs IST, the Sensex is down 52.52 points at 35981.59, while Nifty is down 26.20 points at 10767.50. About 304 shares have advanced, 495 shares declined, and 30 shares are unchanged.  St...

Sun Pharma shares gained by more than 4.2% to hit Rs 455 in the early trade, after the margin adjusted for gains came in at 23.7% as compared to 21.84% on-year.hares of the country’s largest pharmaceutical company extended gains for the second day and rose as much as 4.2 per cent to Rs 455. The stock was the best performer on Sensex and Nifty. The drugmaker’s quarterly profit beat estimates on a higher margin, providing relief to India’s largest drugmaker as it grapples with corporate governance concerns. ITC shares are trading more than 3% higher at Rs 283.90 this morning Market Opens: Benchmark indices opened higher on Wednesday with Nifty trading above 10,850 marks. The Sensex is up 199.06 points at 36352.68, while Nifty is up 58.60 points at 10890. About 506 shares have advanced, 285 shares declined, and 33 shares are unchanged. Sun Pharma, ITC, Coal India, Indiabulls Housing, Jet Airways, ONGC, Bata, JSW Steel, TCS, RIL are the top gainers on the indices, while loser...

Market opens-  Equity benchmarks have begun marginally lower, with the Nifty trading just below 10,900. The Sensex is down 47.42 points or 0.13% at 36347.61, and the Nifty down 13.70 points or 0.13% at 10875.10. The market breadth was narrow as 179 shares advanced, against a decline of 137 shares, while 43 shares were unchanged. Majority of sectoral indices are trading in the near the flat line, but the pain is visible among automobiles, IT and metals. The Midcap index is trading flat.  Today's Pick - Coal India, Tata Motors, Indiabulls Housing and IOC were the top gainers, while NTPC, Axis Bank, GAIL and Eicher Motors lost the most.  Govt to sell 3% Axis Bank stake via OFS; all you need to know The government on Tuesday will come out with an offer for sale (OFS) for its Axis Bank stake held through the Specified Undertaking of Unit Trust of India (SUUTI).  The SUUTI plans to sell up to 5 crore shares of face value Rs 2 each of the private lender....

Market opens-  Equity benchmarks have opened marginally lower, with the Nifty trading around 10,900. The Sensex is down 53.26 points or 0.15% at 36493.22, while the Nifty is down 36.90 points or 0.34% at 10906.70. The market breadth is narrow as 211 shares advanced, against a decline of 169 shares, while 62 shares were unchanged.  Selling is visible across sectors, with maximum pain seen in automobiles and pharmaceuticals, among others. The Nifty Midcap index is down around 0.20 per cent. Bharti Airtel, Yes Bank, Tata Steel and Titan are the top gainers, while M&M, Power Grid, Dr Reddy’s and Tata Motors lost the most.  Dr Reddy's falls -  Shares of Dr Reddy’s Laboratories fell 4 per cent on Monday morning as investors reacted to observations being issued to the company by the US FDA. The stock touched an intraday high of Rs 2,704.70 and an intraday low of Rs 2,659.95.The company on Friday told the exchanges that its Formulations Manufacturing Plant ...

Tata Motors reports highest ever quarterly loss  - Tata Motors, India’s largest automaker by revenue, posted its highest quarterly loss of.Rs 26,961 crore due to a one-time impairment charge of £3.1 billion (.Rs 27,838 crore) on account of its dominant UK-based Jaguar Land Rover (JLR) unit, which has been hit by a sales slump in China and faces headwinds such as Brexit.   Tata Motors plunges 23% The stock of this morning is Tata Motors, which has plunged around 23 per cent as investors are reacting to the negative results. Opening Bell: Sensex, Nifty Open Lower Indian equity benchmarks opened lower after ending a little changed yesterday. The S&P BSE Sensex Index fell as much as 0.55 per cent to 36,767.26 and the NSE Nifty 50 Index fell as much as 0.57 per cent to 11,006.75. The broader market index, The NSE Nifty 500 Index, declined 0.4 per cent. The market breadth was tilted in favour of sellers. About 872 stocks declined and 555 shares declined on Na...

Sun Pharma Top Performer On Sensex -   Nifty Shares of Sun Pharmaceutical Industries Ltd. was the top performer on Sensex and Nifty. The stock rose as much as 3.2 per cent to Rs 430. The drugmaker’s U.S. subsidiary, Taro Pharma reported its quarterly results for the three months ended December.  At 09:18 hrs Sun Pharmaceutical Industries was quoting at Rs 425.95, up Rs 10.55, or 2.54 per cent, on the BSE. Infosys hits record high;- The stock breaks above resistance at Rs 759.8, the 50 per cent Fibonacci projection level of the uptrend from August 22, 2017 low to October 1, 2018 high. The stock was trading up 15.18 per cent this year as of the last close, compared with the broader NSE index's 0.66 per cent gains in the same period. Opening Bell: Sensex, Nifty Trade Higher  - Sensex and Nifty--opened mildly higher ahead of the RBI Monetary Policy meeting and tracking weak global cues. The Sensex is up 117 points to 37,092.18, while the Nifty is tr...

Market Opens: Benchmark indices started on a positive note on Wednesday with Nifty trading above 10,950 level. The Sensex is up 98.30 points at 36715.11, while Nifty is up 42.60 points at 10977. About 392 shares have advanced, 202 shares declined, and 33 shares are unchanged. Jubilant Food, Tech Mahindra, HPCL, Zee Entertainment, Indiabulls Housing are trading higher, while NTPC, Dr Reddy's Lab, Adani Ports, UltraTech Cement are among major losers. Tech Mahindra Surges To Record High - Shares of the information technology company rose as much as 5.8 per cent to hit a new all-time high at Rs 794.60. The stock was the top performer on Nifty. The company’s quarterly profit rose in the three months ended December, led by its communications and enterprise businesses. Infosys Hit A New All-Time High -   Shares of the Bengaluru-based software developer halted a two-day fall. The stock rose as much as 1.4 per cent to hit a new all-time high at Rs 765.65. The stock has returne...

LIC — Life Insurance Corporation of India — is among a handful of brands ubiquitous to India. Now LIC has a bank, which may bear its name. On Monday, IDBI Bank Ltd. said that it has sought approval from the Reserve Bank of India for a name change. This, after LIC, completed the acquisition of majority equity in the erstwhile development lender. The bank has suggested two options to the regulator: LIC IDBI Bank or LIC Bank. The bank is hopeful that its first preference of ‘LIC IDBI Bank’ is accepted unless there is a conflict issue, said Rakesh Sharma, chief executive officer of IDBI Bank.  The board has proposed LIC IDBI Bank Ltd as the first preference followed by LIC Bank Ltd. Meanwhile, IDBI Bank posted widening of loss by nearly threefold to Rs 4,185.48 crore for the third quarter ended December 2018 as bad loans surged. The bank had reported a net loss of Rs 1,524.31 crore in the corresponding quarter of the previous fiscal. Total income decreased to Rs 6,190.9...

Opening Bell: Sensex, Nifty Open Lower Indian equity benchmarks opened lower after rallying for two consecutive trading sessions. The S&P BSE Sensex Index fell as much as 0.43 per cent to 36,314 and the NSE Nifty 50 Index fell as much as 0.45 per cent to 10,844. The market breadth was tilted in favour of sellers. About 891 stocks declined and 557 shares advanced on the National Stock Exchange. Market Opens: Indian indices started the day on a negative note with Nifty trading around 10,850 level. At 09:18 hrs IST, the Sensex is down 132.64 points at 36336.79, while Nifty is down 42.50 points at 10851.20. About 315 shares have advanced, 533 shares declined, and 41 shares are unchanged.  Zee Entertainment, Yes Bank, Hero Moto, Indiabulls Housing, Reliance Communications, Reliance Infra are trading lower, while gainers are Titan and Divis Lab. Reliance Group Stocks Decline, RCom Falls Over 50% Shares of Reliance group companies declined, led by Reliance Commu...

Piyush Goyal begins an interim budget speech. FM Piyush Goyal, in his speech, wished Union Minister Arun Jaitley speedy recovery and good health.  Women and Child Development Ministry's Budget Hiked by 20% | In a major boost announced on Friday, Rs 29,000 crore has been set aside for the Women and Child Development (WCD) Ministry for the next fiscal, a 20 per cent increase over the 2018-2019 financial year with the Centre's programmes of maternity benefit and child protection services.  The allocation for the Pradhan Mantri Matru Vandana Yojana (PMMVY) , a maternity benefit programme, was more than doubled to Rs 2,500 crore from Rs 1,200 crore. Income Tax reliefs:  * No tax for those whose taxable income is less than Rs 5 lakh  * Standard deduction increased to Rs 50,000 from Rs 40,000 for salaried class  Rural allocations:  * Rs 60,000 crore for MNREGA  * Rs 19,000 allocated for construction of rural roads under Gram S...

The Budget announcement with Nifty holding above 10,850 level. The Sensex is up 83.63 points or 0.23% at 36340.32, and the Nifty up 29.30 points or 0.27% at 10860.30. About 458 shares have advanced, 275 shares declined, and 34 shares are unchanged.  Dabur, Bharti Airtel, UPL are trading higher, while Vedanta tumbled 14 percent. Banking stocks including Bank of India, OBC, Bank of Maharashtra gained 4-14% after RBI lift the lending curbs. Piyush Goyal, the interim finance minister, is going to present the interim budget for 2019-20 in parliament today. Vedanta tumbles 18%: Shares of Vedanta fell around 18 per cent on Friday morning as investors turned wary of the stock after financial results. Vedanta has reported a 21 per cent on year decline in third quarter consolidated profit to Rs 1,574 crore due to lower commodity prices and shutdown of copper smelter at Tuticorin. Revenue from operations during the quarter dropped 2.8 per cent to Rs 23,669 crore compared...