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SBI share in focus - Shares of State Bank of India rose as much as 1.5 per cent to Rs 285.50. The country’s largest lender linked interest on savings bank deposits above Rs 1 lakh to the Reserve Bank of India’s repo rate. The effective savings bank deposit rate for Rs 1 lakh and above stands at 3.5 per cent. Market opens: It is a positive start for the indices on Monday with Nifty inching towards 11,100 marks. The Sensex is up 212.54 points at 36883.97, while Nifty up 68.90 points at 11104.30. About 739 shares have advanced, 208 shares declined, and 53 shares are unchanged. Sadbhav Infra, GMR Infra, Jet Airways, Dilip Buildcon, SBI, ONGC, IOC, Titan, Dr Reddy’s Lab, Bharti Infratel, JSW Steel, Hero Moto, are some of the gainers on the indices, while lowers are Kotak Mahindra Bank, CG Power, Reliance Infra, TCS, Nalco and REC. Rupee Opens: The Indian rupee gained in the early trade on Monday. It has opened higher by 14 paise at 70.01 per dollar versus previous close 70.15....

Wipro shares fall 4% after a huge block deal -  Shares of Wipro fell nearly 4% to ₹258 on NSE after a huge block deal. Around 0.4% stake of the company changed hands in a single block deal.  While buyers and sellers were not known immediately, the Azim Premji Trust, part of the promoter group that owns 74.3 per cent in the software services provider, plans to sell a minimum of 0.29 percent, or 1.78 crore shares through block deals, according to sources who spoke on the condition of anonymity as the information is not public yet. The stock traded at 16.5 times its estimated forward earnings per share compared to 15.2 times for the two-year historical average. Opening Bell: Sensex, Nifty Open Lower Indian equity benchmarks opened lower, tracking its Asian peers amid signs China is trying to slow down the country’s equity rally and after cuts to economic forecasts at the European Central Bank reignited concern on global growth. The S&P BSE Sensex fell as much a...

Shares of Tata Motors gained over 2 per cent in the early trade. Market Opens: It is a firm start for the Indian indices on Thursday with Nifty trading above 11,050 level. The Sensex is up 45.83 points at 36681.93, while Nifty is up 4.40 points at 11057.40. About 557 shares have advanced, 285 shares declined, and 45 shares are unchanged.  IndusInd Bank, Power Grid, HPCL, IOC, BPCL, Tata Motors, Titan, Zee Ent, Gail, Bharti Airtel are some of the gainers in the early trading session, while losers include Biocon, Indiabulls Housing, Tata Steel, Vendata, JSW Steel. Among the sectoral indices, the metal index is under pressure with 1 per cent cut, followed by auto, pharma and PSU Bank, while some buying is seen in the energy, infra, FMCG and IT. Rupee Strengthens Past 70/$  - The Indian rupee opened higher against the U.S. dollar. The home currency strengthened past 70 against the against the greenback for the first time since January. Easing tension on the...

Yes Bank shares gained by more than 2% to Rs 218.10, while ICICI Bank shares are up 342.15, to emerge among the top Sensex gainers. Sensex, Nifty Trade higher: Sensex, Nifty Swing In Open Indian equity benchmarks traded higher after fluctuating between gains and losses in the open. The S&P BSE Sensex Index traded 0.2 per cent higher at 35,570 as of 9:17 a.m. and the NSE Nifty 50 Index traded at 10,658.40, up 0.19 per cent. The market breadth was tilted in favour of buyers. About 755 stocks advanced and 604 shares declined on National Stock  Gainers include Jet Airways, Ambuja Cements, Dr Reddy's Lab, Sun Pharma, Grasim, JSW Steel, Hindalco, Emami, while losers are Indiabulls Housing, Wipro, HDFC, Adani Port and IDFC. Market at pre-open: Benchmark indices are mixed in in the pre-opening trading with Nifty holding above 10,600. At 09:02 hrs IST, the Sensex is up 96.03 points or 0.27% at 35594.47, and the Nifty down 13.70 points or 0.13% at 10627.30. Emami, ...

Tata Motors reports highest ever quarterly loss  - Tata Motors, India’s largest automaker by revenue, posted its highest quarterly loss of.Rs 26,961 crore due to a one-time impairment charge of £3.1 billion (.Rs 27,838 crore) on account of its dominant UK-based Jaguar Land Rover (JLR) unit, which has been hit by a sales slump in China and faces headwinds such as Brexit.   Tata Motors plunges 23% The stock of this morning is Tata Motors, which has plunged around 23 per cent as investors are reacting to the negative results. Opening Bell: Sensex, Nifty Open Lower Indian equity benchmarks opened lower after ending a little changed yesterday. The S&P BSE Sensex Index fell as much as 0.55 per cent to 36,767.26 and the NSE Nifty 50 Index fell as much as 0.57 per cent to 11,006.75. The broader market index, The NSE Nifty 500 Index, declined 0.4 per cent. The market breadth was tilted in favour of sellers. About 872 stocks declined and 555 shares declined on Na...