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Jet Airways Falls -  Shares of the cash-strapped airline slumped 10 percent intraday to hit an all-time low of Rs 61.60 each. Lenders of Jet Airways will take the company to National Company Law Tribunal and will seek resolution under the Insolvency and Bankruptcy Code, according to a statement issued on behalf of lenders on Monday. HDFC AMC Falls -  The Most In Six Months Shares of the asset management company fell as much as 6 percent, the most since Dec. 21, 2018, to Rs 1,816.60. In a move to rescue investors of its fixed maturity plans, the asset management company will purchase Essel Group companies’ non-convertible debentures of up to Rs 500 crore, thereby transferring any loss (or gain) due to the investment from investors to itself Rupee Opens: The Indian rupee opened higher at 69.83 per dollar on Tuesday versus previous close 69.90. Top Gainers & Losers - IndusInd Bank, Axis Bank, ITC, Maruti Suzuki, Tata Motors, Tata  Steel, Zee Entertai...

Yes Bank, IndusInd Bank top losers -  The leading gainers on BSE are Axis Bank, TCS, Asian Paints, and SBI, while the top losers are Yes Bank, IndusInd Bank, Vedanta, and Infosys. The Indian currency Rupee today opened flat at 69.37 a dollar against the previous close of 69.35 a dollar. Adani Enterprises zooms over 2% -  Adani Gets Key Approval To Start Building Australia Coal Mine Queensland’s Department of Environment and Science approved Adani’s Groundwater Dependent Ecosystem Management Plan for the Carmichael coal, according to Bloomberg report. The decision means Adani can begin work on the first phase, which is expected to cost A$ 2 billion, the report added. Rupee Opens: The Indian rupee opened flat at 69.34 per dollar on Thursday against previous close 69.34. Crude Update: Oil prices steadied on Thursday, after slumping as much as 4% in the previous session to nearly five-month lows on the back of a further buildup in US crude stockpiles and worries ...

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...

The Securities and Exchange Board of India (Sebi) on Monday came out with a discussion paper highlighting proposals for allowing a start-up listed on the Innovators Growth Platform (IGP) to trade under the regular category of the main board. According to the proposals, the company should have listed on the IGP for a year and have a minimum of 200 shareholders for making the shift. The company, or any of its promoters, promoter group or directors, should not have been debarred from accessing the capital market or been a willful defaulter. Minimum promoters’ contribution should be 20 per cent of the total capital. In case of a shortfall, alternative investment funds, foreign venture capital investors, scheduled commercial banks, public financial institutions or insurance companies can step in, subject to a maximum of 10 per cent of the total capital. This capital shall be locked in for three years from the date on which trading approval on the main board is ...

Welspun Corp Falls -  After Buyback Approval Shares of the pipe maker fell for the third straight trading session and declined as much as 6.8 percent to Rs 127. The company’s board approved buyback of its shares at a price of Rs 140 apiece, aggregating of up to Rs 390 crore. The buyback was at a premium of 7.6 percent to the previous close. Centre To Divest 15% Stake In RITES The Government of India plans to divest 15 percent stake in RITES Ltd. Shares of RITES fell as much as 2.8 percent to Rs 235.05. Jet Airways Extends Decline -  After CEO Resigns Shares of Jet Airways declined for the third consecutive trading session and fell as much as 6.9 percent to Rs 120. The company’s Chief Executive Officer Vinay Dube resigned, hours after his deputy and Chief Financial Officer Amit Agarwal quit. Yes, Bank Near Six-Month Low -  Shares of Yes Bank fell as much as 4.8 percent to Rs 148.30, the lowest since Nov. 29, 2018. The Reserve Bank of India appointed R G...

Jet Airways Drops -  After Top Executive Resigns Shares of the cash-strapped airline declined as much as 13 percent to Rs 121. The company’s Deputy Chief Executive Officer and CFO Amit Agarwal stepped down. Yes, Bank shares are trading 1.5% lower at Rs 152.45, while Zee Entertainment shares are down 1.6% to Rs 336.60 to emerge among the biggest Nifty losers.  Vodafone Idea falls over 4% - India's largest telecom operator, on Monday, reported a consolidated loss of Rs 4,881.9 crore for the quarter ended March 31, amid a brutal tariff war in India's telecom market.  Engineers India Gains -  After Signing Pact Shares of Engineers India rose as much as 1.5 percent to Rs 105.25 Engineers India Gains After Signing Pact Shares of Engineers India rose as much as 1.5 percent to Rs 105.25. The company signed a contract with Mangol Refinery for providing its PMC Services for the construction of Crude Oil Refinery plant in Mongolia. Rupee Opens: The Indian ru...

HDFC Life down 5% - HDFC Life Insurance Company Ltd on Monday said that its promoter Standard Life will sell 70 million shares or 3.4 per cent stake through an offer for sale (OFS) on March 12 and 13.  The sale offer has a green-shoe option of 29.5 million shares, it also said in a regulatory filing. The share sale base price has been fisex at Rs 357.5 per share, it added. Market Opens: Indian indices continued its upward momentum on the second day on Tuesday with Nifty opened above 11,200 level. The Sensex is up 291.67 points at 37345.77, while Nifty is up 80.50 points at 11248.50. About 759 shares have advanced, 129 shares declined, and 24 shares are unchanged.  RIL, Tata Motors, IOC, Bajaj Finserv, HDFC, Dabur, Ashok Leyland, Union Bank, IOB, Coal India, HDFC Bank, Gail, Grasim Industries are among major gainers on the indices , while losers are Bharti Airtel, Bharti Infratel and HDFC Standard Life. All the sectoral indices are trading higher led by energy...

Eicher Motors shares fell 3 per cent in the morning on Tuesday as global brokerage house Citi has maintained buy call on the stock but slashed price target to Rs 24,700 from Rs 25,200 earlier. The price cut was after the brokerage house reduced its consolidated earnings estimates by 2-3 per cent over FY19-21. The stock was quoting at Rs 19,583.90, down Rs 354.35, or 1.78per cent on the BSE. Opening Bell: Sensex, Nifty Open Lower Indian equity benchmarks resumed declines after a one-day gain on Friday. The S&P BSE Sensex fell as much as 0.38 per cent to 35,926.44 and the NSE Nifty 50 fell as much as 0.43 per cent to 10,817.85. The market breadth was tilted in favour of sellers. About 890 stocks advanced and 469 shares declined on National Stock Exchange.  Jet Airways Falls -  After Lessors Ground Six More Aircraft Shares of the cash-strapped airline declined 4.3 per cent to Rs 224 per share. Lessors grounded six more Jet Airways’ aircraft due to non-paymen...

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...

Share market LIVE updates: The domestic stock markets –Sensex and Nifty–opened marginally higher tracking domestic and global cues. The Sensex is up about 46 points to 36,393.94, while the Nifty is trading above the 10,900-mark. Sun Pharma shares tanked by more than 1% to hit the day’s low at Rs 447.15, after whistleblower complaints emerged, according to media reports. Jet Airways shares slumped by more than 2% to Rs 287.50 on BSE, ahead of lenders’ meet to explore debt rejig plans. Rupee opens The Indian rupee opened at 71.06 per dollar on Wednesday versus 71.04 yesterday. Vedanta, Yes Bank, and Zee Entertainment, while Sun Pharma, Bharti Airtel, JSW Steel and Dr Reddy’s have lost the most.  BSE Live: IndusInd Bank share price gains nearly 2% after Q3 results Shares of India's major private sector lender IndusInd Bank surged in trade on Wednesday, recovering from one-month lows, after the firm reported Q3 results. IndusInd Bank shares gained nearly 2% to Rs 1...

Market opens The market has begun the day on a strong note, with the Sensex jumping over 200 points up. The Sensex is up 210.98 points or 0.59% at 36191.91, and the Nifty up 54.10 points or 0.50% at 10856.30. The market breadth is positive as 330 shares advanced, against a decline of 109 shares, while 30 shares were unchanged. Banks, automobiles and pharmaceutical sectors are gaining the most, while the Nifty Midcap index is higher by half a per cent. Infosys, Tata Motors, and Bharti Airtel are the top gainers, while Tata Steel and Eicher Motors have lost the most.  Rupee edges higher against US dollar The Indian rupee strengthened marginally against the US dollar, tracking gains in Asian markets as increasing optimism the US and China will be able to defuse their trade war outweighed a worsening global growth outlook. At 9.10am, the rupee was trading at 70.13 a dollar, up 0.09% from the previous close of 70.20. Jet Airways falls 1% Shares of Jet Airways fel...