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Stock Market News - Jet Airways all Time Low, HDFC AMC Falls

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...

Stocks In Focus- Yes Bank, Bajaj Auto among top losers,Adani Port, HCL Tech, UltraTech Cement major gainers

Adani Ports , Adani Power Rebound After Falling Sharply In Yesterday's Session Shares of Adani Power and Adani Ports rebounded after witnessing heavy selling pressure in yesterday's session. Adani Ports rose as much as 4.60 per cent to Rs 341. Adani Power rose as much as 10 per cent to Rs 44. Market at pre-open : Indian indices are mixed in the pre-opening session with Nifty trading below 10,650 level. At 09:03 hrs IST, the Sensex is up 112.55 points or 0.32% at 35769.25, and the Nifty down 13.60 points at 10647. Tata Steel down 10 per cent and Ceat down 5 per cent in the pre-opening trade, while Zee Entertainment gained 3 per cent. Adani Port, HCL Tech, UltraTech Cement, are among major gainers on the indices, while losers are Bank of India, Yes Bank, Bajaj Finserv, M&M, Gail, Cipla, Dish TV, Zee Entertainment, Titan and Tata Power. Rupee opens lower per US dollar as global oil prices rise The rupee on Tuesday opened on a weak note against the US dol...

Share market updates: Sensex up 50 points, Nifty back at 10,900; Sun Pharma, Jet Airways down up to 2%

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...

Share market updates:Sensex Gains Over 150 Points,Nifty reclaims 10700; Tata Motors up 2.5%

Mumbai : Indian benchmark indices BSE Sensex and NSE Nifty 50 advanced on Friday led by auto and metal stocks. Japan stocks slumped 4% on its first trading day of the year, leading Asian stocks lower, after weak economic data added to anxiety about global growth and Apple’s sales outlook cut sunk US stocks. Moreover, in India, investors turned cautious ahead of corporate earnings season beginning next week, with TCS and Infosys reporting December quarter results in the first round. Oil prices fell nearly 1% after the US showed signs of following Asia into an economic slowdown, although supply cuts by producer club OPEC kept declines in check. Money Market Update: Rupee Strengthens After Two-Day Fall The Indian rupee strengthened after a two-day fall. The home currency appreciated as much as 0.35 per cent to 69.93 against the greenback. Jet Airways shares down over 3% Jet Airways shares fell as much as 3.34% to Rs 238.60 per share after the Economic Times reported t...

Share market Updates: Sensex up 300 points; Nifty above 10,850

After opening higher, the domestic headline indices– Sensex and Nifty– rallied further despite weak macro cues. Sensex is up 307 points to 36,268.18, while the Nifty 50 is trading firmly above the 10,850-level. VEDL share price gained by more than 5% on Monday morning after NGT allowed the firm to resume operations in the Toothukudi copper smelter plant. Jet Airways share price slumped 4.8% after reports that turnaround-man Nikos Kardassis has exited the firm. Asian share markets began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the broadening impact of international trade frictions. On Friday, the S&P 500 more than 1.9% to 2,599.95, its lowest close since April 2.  The benchmark index has plunged 11.3% from record high levels of its Sept 20. Tata Motors (up 4.01 percent), Vedanta (up 3.32 percent), PowerGrid (up 3.23 percent), NTPC (up 2.51 percent) and ICICI Ba...