Skip to main content

Stock Market News - Avenue Supermarts Falls, NBCC dips over 5%

Dewan Housing Finance Corporation said in BSE release that its payment obligations falling due in the immediate future, may not be met as per their existing schedule.


Avenue Supermarts Falls After Block Deals - Shares of Avenue Supermarts fell as much as 1.5 percent to Rs 1,408. About 62 lakh shares of the company changed hands in two block deals on BSE, Bloomberg data showed. While buyers and sellers were not known immediately, Promoter Radhakishan Damani had planned to sell 1 percent stake or 62.3 lakh shares in the operator of D-Mart supermarket chain, according to a stock exchange filing dated Aug. 7. The sale, which began today, will end on Sept. 14.

NEWS ALERT | YES Bank QIP closed; Bids worth $750-800 million received: sources to CNBC TV18 -- Domestic MFs, Global Long Only Funds key investors

Rupee opening - Rupee opens higher at 70.55/$ vs Thursday's close of 70.69 against the US dollar

CATCH-ALL MARKET UPDATES - 
  • Navkar Corp gains 15%
  • RBL Bank gains 2%
  • Shriram Transport up 3%
  • Power Grid rises 2.6% 
  • Infibeam Avenues gains 5%
  • Tata Motors slips over 1%
  • HDFC Bank lifts indices
  • IDFC First Bank gains 2%
  • Procter & Gamble slips over 1%
  • SAIL trades flat with positive bias
  • Hexaware Technologies gains 4%
  • Tata Chemicals gains nearly 6%
  • Sun Pharma trades flat; gains 0.4%
  • Coffee Day Enterprises hits 5% lower circuit
  • Page Industries slip 4% after PAT tanks 11% in Q1
  • Indiabulls Housing Finance zooms 9%
  • Reliance Capital climbs 3% after co rejects previous auditors' allegations
Avenue Supermarts slips over 1% on block deal - 68.3 lakh shares trade on NSE and BSE at an average price of Rs 1,411 apiece

NBCC dips over 5% - Consolidated net profit slipped 37.9 percent YoY to Rs 51.46 crore in Q1 June 2019 over Q1 June 2018.

Mahanagar Gas gains 1.6% -- Net profit rose 32.66 per cent to Rs 170.24 crore on 22.55 per cent rise in total income at Rs 777.83 crore for June quarter.

Jamna Auto Declines On Production Changes, Ahead Of Results Shares of Jamna Auto Industries fell as much as 1 percent to Rs 39.50. The company has made changes in the production schedule for all its plants. The plants may not run or partially run on all working days in August and shall carry out routine maintenance and cleaning during non-working days.

TOP GAINSERS & LOSERS - 

Hexaware, Tata Chemical, Mahanagar Gas, UltraTech Cement, Endurance, UPL, Bajaj Finserv, Indiabulls Housing, Yes Bank, are among major gainers on the indices in the early trading, while losers are DHFL, Tech Mahindra, BPCL, HPCL and Page Industries. Among sectors, except IT other indices are trading positive led by the bank, auto, energy, infra, metal, and pharma.

Endurance Technologies Jumps The Most In Nearly Three Months Shares of Endurance Technologies rose as much as 17 percent, the most since October 2016, to Rs 869. The company, which had decided to manufacture tires for two- and three-wheeler makers, had called off the plans, according to its stock exchange notification. The stock hit a lower circuit of 20 percent in yesterday’s trade. 


Market News | Rupee | Bank Nifty | Top Gainers | DHFL
Labels:

Comments

Post a Comment

Popular posts from this blog

Stock Market Update - Avanti Feeds Gains, Tata Group Stocks Trade Mixed

Orient Electric Halts Two-Day Gaining Streak, Shares Fall 6% Shares of Orient Electric fell as much as 5.7 percent to Rs 184.05, halting a two-day gaining streak. The stock advanced 21 percent in the past 12 months compared to a 14 percent gain in the Sensex. Tata Group Stocks Trade Mixed After NCLAT Order Shares of the Tata Group companies traded mixed after the National Company Law Appellate Tribunal ruled that his dismissal as chairman of Tata Sons Ltd. was illegal. While restoring him to his original position as executive chairman of the Tata Group’s holding company, the NCLAT held that the resolution by Tata Sons board removing Mistry was illegal. Essel Propack Surges 16% To Record High Shares of Essel Propack rose as much as 16 percent, the most since Jan. 28, 2019, to hit an all-time high at Rs 175.45. Trading volume was more than seven times its 20-day average, Bloomberg data showed.  The Relative Strength Index was above 70, indicating that the stock may...
4 comments
Read more

Stock Market News - Yellow metal hits fresh record high as Iran attacks US forces

On the MCX, gold contracts for February were trading higher by Rs 562, or 1.38 percent, at Rs 41,225 per 10 gram at 0920 hours. It hit a record high of 42,278 per 10 gm. India Gold February futures hit a fresh record high on January 8 tracking gains in international spot prices which surged past $1,600 an ounce mark after Iran fired rockets at Iraqi airbase which hosts US forces that triggered risk-off sentiment. Spot prices hit their highest since March 2013 at $1,610.90 earlier in the session. US gold futures rose 2 percent to $1,605.80. “The jump in the price of what’s viewed by investors as a safer asset in times of political and economic uncertainty came after Iran’s missile attack on US-led forces in Iraq early on Wednesday,” said a Reuters report. “The attack came hours after the funeral of an Iranian commander whose killing in a US drone strike has raised fears of a wider conflict in the Middle-East,” it said. On the MCX, gold contracts for February were trading...
4 comments
Read more

Share market updates: Sensex falls 200 points, Nifty open lower at 10,850;Eicher Motors down 5%

Share market LIVE: The benchmark equity indices – Sensex and Nifty – opened on a lower note Wednesday even as the domestic markets rallied yesterday. The S&P BSE Sensex Index declined 0.6% intraday to 36,035.78 and the NSE Nifty 50 Index fell 0.38 percent to trade near 10,850. IT stocks — Tech Mahindra (1.13%) and Wipro (1.09%) — are the major gainers today. Eicher Motors leads the index losers list with a loss of 5.63%. Coal India, TATA Motors, Jet Airways, NMDC, LIC Housing Finance, Power Grid, and Glenmark Pharma are among the major stocks that will remain in focus throughout the day. Bharti Airtel share price ended the session 2.7% higher to 312.55, while HDFC share price gained by more than 1.9% to Rs 2,008. Yes, Bank share price zoomed more than 2% to hit the day’s high at Rs 185.90. Eicher Motors Worst Performer On Nifty After December Sales Fall 13%. Shares of Eicher Motors fell as much as 5.8 per cent, the most in over two months, to Rs 21,860. The comp...
Post a Comment
Read more