Skip to main content

Stock Market News - Indiabulls Housing falls, IRCTC Falls

NEWS ALERT | Indiabulls Hsg makes repayment of the entire maturity proceeds for Masala Bonds: BSE filing
--The Company has today made the repayment of the entire maturity proceeds from the pre-funding done to Axis Trustee

Alert: Masala Bonds worth Rs 1,330 crore were issued by the company on September 2016 and were due to mature on 15th October 2019. 


Indiabulls Housing Finance Extends Fall, - Shares Drop Nearly 8% Shares of Indiabulls Housing Finance fell as much as 7.5 percent to Rs 183.05. The stock extended declines for the second consecutive trading session. The company’s board intends to go for a buyback of shares and will take a final decision in this regard after receiving concurrence from the market regulator Securities and Exchange Board of India.

Future Lifestyle Gains After Large Trade Shares of Future Lifestyle Fashions rose as much as 4.2 percent to Rs 419.80. About 1.45 crore shares or 7.2 percent equity changed hands in a large trade, Bloomberg data showed. Buyers and sellers were not known immediately. Trading volume was 1,096 times tsi 20-day average, according to Bloomberg data. 

RBL Bank Extends Fall; Shares At Record Low Shares of RBL Bank extended declines for the fourth consecutive trading session. The stock fell as much as 6 percent to hit an all-time low at Rs 243.30 The scrip declined 16 percent in the past five days and fell 31 percent in the past 30 days. RBL Bank traded at 17 times its estimated earnings per share for the coming year.

Rupee Update: The Indian rupee opened at Rs per dollar on Tuesday against previous close 71.23.

Crude oil update: Oil prices dropped again on Tuesday after falling heavily in the previous session, as weak Chinese economic data for September added to lingering concerns about the feasibility of the US-China trade deal announced by President Trump late last week.

IRCTC Falls Nearly 4% A Day After Stock Market Debut Shares of IRCTC erased opening gains and fell as much as 3.5 percent to Rs 702. The stock advanced 128 percent on its first day of trade, the best debut for a local company in two years, driven by strong demand for its offering. 

The stock listed at Rs 644 apiece yesterday—a premium of 101 percent over its issue price of Rs 320 a share—on the BSE Ltd.

Infosys Extends Decline; Shares Worst Performer On Sensex, Nifty Shares of Infosys extended declines for the second consecutive trading session. The stock fell as much as 2.6 percent to Rs 2.68. The scrip was the worst performer on Sensex and Nifty.


Sensex | Market News | Bank Nifty | Rupee | Gold | Indiabulls | IRCTC
Labels:

Comments

Post a Comment

Popular posts from this blog

Budget 2019 : LTCG Tax, GST, Home Loans, farmer income scheme needs to be focus

Budget 2018 was the last full-fledged budget presented by the government led by Narendra Modi. Long Term Capital Gains (LTCG) tax on profit earned from the sale of equity shares listed on a recognized stock exchange in India. The LTCG tax was re-introduced after a time gap of 14 years. The provisions were closely followed since they impacted the majority of taxpayers of the country. The tax was levied at the rate of 10 per cent (plus applicable surcharge and cess) while providing relief from gains accrued up to January 31, 2018, i.e., a mechanism was derived wherein the stock price as on 31 January 2018 was considered as the deemed cost, provided it is beneficial to the taxpayer. Following are some of the illustrative points: Treatment of compulsorily convertible instruments – The current provisions do not provide clarity on the cost to be adopted for the purpose of computation of capital gains in case of instruments that are compulsorily converted into equity sh...
1 comment
Read more

Stock Market News - Maruti Suzuki, Tata Motors top losers, metals lose shine

Maruti Suzuki, Tata Motors top losers - Tata Motors, Maruti Suzuki shares emerged among the biggest losers, shedding up to 2%. Sun Pharma, Bharti Airtel was trading up to 1% higher. NEWS ALERT |  1. L&T Technology Services wins new electrification project from European automobile OEM 2. UltraTech Cement said investor meetings would be held on September 9 and 10 which will be attended by the representatives of the company.  Metal Index About To Turn Oversold Technically, Metal Index doubled in 2 years as it gained 2,800 points over 1,400, however, in the last 21 months it has lost about 2,100 points, which is nearly 75 percent erosion."It implies that the sector is about to turn oversold and we could see starting of value buying or contra buying at the current or little lower levels," Shrikant Chouhan, Senior VP - Technical Research at Kotak Securities said. CATCH ALL THE MARKET UPDATES -  ABB trades in the red NBCC trades 2% higher Shilp...
1 comment
Read more

Share market Updates: Sensex up 180 points; Nifty above 10900; ONGC, HDFC fall, Titan zooms 4%

Share market LIVE updates: The domestic stock markets– Sensex and Nifty –opened higher tracking positive global cues from Asian markets. The 30-share Sensex rallied by more than 182 points to 36,285.46 in the opening trade while the Nifty 50 is trading above the 10,850 marks.  Kotak Mahindra Bank shares slumped about 0.5% to Rs 1,237.20, as December 31st is the last day according to RBI for Uday Kotak’s to cut stake in the bank. Jewellery-maker Titan shares gained by more than 4% to hit the day’s high at Rs 925.75. Earlier,  Singaporean and Malaysian stocks rose on Monday in thin year-end trading as a phone call between the U.S. and Chinese leaders spurred hopes that the two economic heavyweights would reach a deal that could ease their damaging trade standoff, Reuters reported. Rupee opens higher at 69.78 per US dollar; 10-year bond yield falls to 7.37% After appreciating about 40 paise on Friday to close the day 69.93 against the US currency, the rupee gained...
Post a Comment
Read more