Skip to main content

Stock Market News - Oil Marketers Rally, Jet Airways Falls

Oil Marketers Rally -  On Falling Crude Prices Shares of the oil marketing companies rallied after the Brent crude fell for the third consecutive trading session and declined 1.3 percent to $66 per barrel.


Jet Airways Falls -  After Executive Exits Halts Results Approval Shares of the cash-strapped airline declined as much as 2.9 percent to Rs 146.65. The company said it is not in a position to consider and approve March quarter results on account of the ongoing bidding process undertaken by lenders and resignation of multiple board members.

Coal India At Over Six-Month High - Shares of Coal India rose as much as 3.9 percent to Rs 151.95, its highest level in over six months.

Bharti Airtel, HDFC Bank, JSW Steel, Coal India, HPCL, Berger Paints, IndiGo and Tata Steel are some of the major gainers on the indices in the early trade, while losers are ONGC, HUL, Kotak Mahindra Bank and All the sectoral indices are trading higher led by metal, pharma, bank, IT, auto, FMCG, pharma, and infra.

Rupee Opens: The Indian rupee gained in the early trade on Friday. It has opened higher by 11 paise at 69.76 per dollar versus Thursday's close 69.87.

RIL, Bajaj Finance plunge 4% - Reliance Industries shares ended 3.4% down at Rs 1,299.45, while Bajaj Finance shares closed 3.2% lower at Rs 2,921.90.

ONGC Pares Opening Losses - Shares of ONGC pared opening losses and rose as much as 2.7 percent to Rs 173.95.


Market News | Oil market | ONGC |  Crude Price | Coal India | Rupee | Jet Airways


Labels:

Comments

Post a Comment

Popular posts from this blog

Stock Market News - Eveready Industries Hits, IGL dips over 3%

NEWS ALERT |  ICICI Bank cuts lending rate by 10 bps across all tenures with immediate effect Balrampur Chini Mills gains nearly 2% Eveready Industries Hits 5% -  Lower Circuit Shares of Eveready Industries hit its lower circuit of 5 percent at Rs 75.95. Price Waterhouse resigned as statutory auditor of the company on June 28 citing its inability to analyze the impact of financial support extended by the battery maker to its promoter group entities. The board also entered into an agreement with Madhu Jayanti International to sell assets worth Rs 6 crore related to a packed tea product business. Reliance Home Finance Slumps Over 7% -  Shares of Reliance Home Finance fell as much as 7.2 percent to Rs 10.95. The company failed to repay the principal obligations on its non-convertible debentures held by Reliance Mutual Fund, worth Rs 400 crore. The non-banking lender paid the interest due on the debentures but failed to honor principal repayment obligations, R...
1 comment
Read more

Share Market Update: Sensex up 80 points, Nifty Fluctuate In Open; L&T down 2%

Stock Market India Live Updates: The domestic stock markets –Sensex and Nifty–opened marginally higher on Monday, tracking positive global cues. The Sensex is up about 80 points to 36,467.18 while the Nifty is trading above the 10,900-mark. L&T shares plunged by more than 3.2% after the firm announced Saturday that Securities and Exchange Board of India (Sebi) has advised against proceeding with the proposed Rs 9,000 crore share buyback. RIL shares extended gains, zooming by more than 1.3% to Rs 1,198.60. L&T Worst Performer On Sensex, Nifty After SEBI Rejects Buyback Shares of the country’s largest construction company declined for the second day and fell as much as 3.4 per cent, the most since in over three months to Rs 1,273.45, its lowest levels since Oct. 31. The Securities and Exchange Board of India adviced L&T against Rs 9,000 crore buyback offer since the debt ratio after buyback would be more than twice capital & reserves. The company had pro...
Post a Comment
Read more

Stock Market News - HDFC, TCS Top Losers, Shoppers Stop Gains

HDFC, TCS Top Losers - Shares of HDFC, TCS were among the biggest losers, shedding up to 0.60% in the morning trade. Asian Paints, IndusInd Bank shares are trading marginally higher. Shoppers Stop Gains -  After Aditya Birla MF Increases Stake Shares of the retail-store chain rose 3.3 percent to Rs 508.95. Aditya Birla Sun Life MF increased stakeholding to 7.01 percent from 5.01 percent in the company. according to its disclosure on stock exchanges. Trading volume was more than 130 times its 20-day average, according to Bloomberg data. The stock traded at 35 times its estimated earnings per share for the coming year. Graphite India Falls -  The Most In Nearly Two Weeks Shares of Graphite India fell as much as 3.7 percent, the most since June 21, to Rs 316.55. The company received a nod from Karnataka State Government to close Bengaluru plant. The production has been closed since Feb 21. On April 3, the company’s board approved a proposal to permanently close opera...
Post a Comment
Read more