Yes Bank, TATA Motors Top Losers - Shares of Yes Bank, Tata Motors were among the biggest losers, shedding up to 1.51%. Global stocks rallied and bonds retreated on Monday as the United States and China agreed to restart trade talks at the G20 summit over the weekend, leading investors to bet that a breakthrough between the world’s two largest economies would jumpstart global economic growth, Reuters reported.
Sadbhav Infra Resumes Rally After A One-Day Blip - Shares of Sadbhav Infrastructure Project rose as much as 9.9 percent to Rs 78. The stock has gained during Three trading sessions out of four. The company’s board approved the sale of entire stake in nine SPV comprising of seven toll road infra assets and two annuity infra assets to lndlnfravit Trust at a deal valued at Rs 6,611.2 crore, according to its stock exchange filing. Sadbhav infra will see a de-consolidation of net debt of Rs 4,060 crore.
Hero Motocorp June sales: Total sales in June 2019 declined to 6,16,526 units against 6,52,028 units sold in June 2018.
TOP GAINERS & LOSERS-
HPCL, BPCL, IndusInd Bank, ONGC, Infosys, Britannia, Bajaj Auto, Maruti Suzuki, and Asian Paints are among the major gainers on the indices, while losers are Yes Bank, Eicher Motors, Tata Motors, JSW Steel, Kotak Mahindra Bank, Cox & Kings, and Dr. Reddy's Lab. Among sectors, buying seen in the energy, FMCG space, while auto, IT, metal and pharma are under pressure.
Rupee Opens: The Indian rupee opened marginally lower at 68.97 per dollar on Tuesday versus previous close 68.95.
CATCH ALL MARKET UPDATES -
1 YES Bank dip over 3% in trade
2 Allahabad Bank is trading marginally weaker
3 UPL is trading over 2% higher
4 DHFL is trading 2% higher in early trade
5 Godrej Properties tanks 8% in early trade
6 Bajaj Auto trading flat with negative bias
7 Power Grid trading mildly higher
8 Reliance Capital gains in early trade
9 Lemon Tree gains over 1%
10 Adani Green Energy zooms over 11%
Crude Update: Oil prices drifted lower on Tuesday, as weak global data raised concerns about future demand for the commodity despite a positive boost from OPEC's decision to extend supply cuts until next March.
ICRA tanks 4% - The board of rating agency ICRA on Monday has asked its Managing Director and Chief Executive Officer Naresh Takkar to go on indefinite leave, pending an inquiry into concerns raised by the market regulator the Securities and Exchange Board of India (Sebi). Takkar will be placed on leave until the completion of the examination of concerns raised in anonymous representation forwarded to the company by the market regulator, the filing added. The rating agency has appointed Vipul Agarwal (current CFO) as interim chief operating officer.
Cox & Kings Hits Lower Circuit To Record Hit Low - Shares of Cox & Kings extended fall for the sixth consecutive trading session, their longest losing streak in over a week. The stock hit a lower circuit of 5 percent to record hit a record low at Rs 33.25. The company defaulted payment of Rs 50 crore of Commercial Papers. The company repaid two investors Rs 15 crore out of Rs 65 crore, which was due on June 28 and stated that cash flow mismatch led to the default and remaining Rs 50 crore will be paid through internal accruals and asset monetization.
Market | Sensex | Nifty | Yes BAnk | TATA Motors | Hero Motocorp | Rupee | Crude
Comments
Post a Comment