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Yes Bank Falls 30%  -  After Reporting Surprise Q4 Loss Shares of the private lender fell as much as a percent to Rs 166.60, its lowest since December 2018. The bank announced its March quarter results on Friday. The bank’s loss stood at Rs 1,506 crore in the quarter ended March, according to its exchange filing.  IndusInd Bank shares slumped 4%-  to Rs 1,631.35, to emerge among the biggest Sensex losers. Coffee Day Enterprises Jumps After Block Deal In Mindtree -  Shares of Coffee Day Enterprises rose as much as 6.5 percent, the most in over a month, to Rs 284.15. About 3.27 crore shares or 20 percent equity of Mindtree traded in a single block. That, however, comes when L&T has mounted a three-step hostile bid to acquire the IT company—by buying 20.3 percent owned by VG Siddhartha’s Coffee Day Group, acquiring 15 percent from the open market and launching an open offer for additional 31 percent at Rs 980 apiece. Rupee Opens:  The Indi...

Cyient Surges 9%-  Cyient Jumps The Most In A Year Shares of the engineering services provider surged 9 per cent intraday to Rs 636.65. The company reported its fourth-quarter earnings on Thursday. The Hyderabad-based company’s net profit nearly doubled to Rs 176 crore, while its revenue fell 2.1 per cent to Rs 1,162.9 crore. The gainers in the morning session are Axis Bank, HCL Tech, Bharti Airtel, Sun Pharma, Yes Bank, GAIL, Dr Reddy's Lab, SBI, Tata Steel, Indiabulls Housing, Bharti Infratel and Zee Entertainment, while losers are Maruti Suzuki, Tata Motors, Hero Moto, M&M and Kotak Mahindra Bank. Among the sectors, except auto all other sectors are witnessing buying led by metal, pharma, bank, infra, energy, IT and FMCG. Rupee Opens: The Indian rupee gained in early trade on Friday. It opened higher by 16 paise at 70.09 per dollar versus previous close 70.25. Tata Steel, Axis Bank shares jump- Shares of the steelmaker rose 3.6 per cent, the most in over a ...

Bharti Infratel Top Loser On Nifty - Shares of the telecom tower operator declined as much as 4.7 per cent to over a two month low of Rs 287.35 apiece. The company reported its March quarter results on Wednesday. Brokerage firm CLSA downgraded its recommendation on the stock to ‘Sell’ from ‘Outperform’.  Titan Company Hits All-Time High - Titan Company hit a record high and crossed Rs 1 lakh crore in market cap. Rupee Opening - The Indian rupee has opened marginally lower at 70 a dollar, against the closing of 69.87 in the previous session. Crude Update - Oil prices fell on Thursday as record US output and rising crude stockpiles dampened the impact on markets of tighter US sanctions on Iran and producer club OPEC’s continued curbs on supply. Yes, Bank, Axis Bank shares up - Yes, Bank shares are trading 1.5% higher at Rs 242.80, while Powergrid shares are up 1.3% to 194.40. Private sector lender Axis Bank shares are trading slightly higher at Rs 755.60, ahead o...

Lupin Falls-  The Most In A Month After U.S. FDA Owes Shares of the drugmaker fell 3.8 percent intraday, the biggest slide in over a month, to Rs 835 apiece. Lupin, in an exchange filing, said the U.S. health regulator had cautioned that the firm's Pithampur facility may be subject to regulatory or administrative action. IndusInd Bank, IOC shares gain - IndusInd Bank shares are trading 1.3% higher at Rs 1,675.50, while IOC shares are up 3% to Rs 168.65, to emerge among the biggest Sensex gainers.  Coromandel International, IOC, HPCL, BPCL, Indiabulls Housing, IndusInd Bank, Gail Zee Ent, HDFC, JSW Steel, RIL, Eicher Motors are among major gainers on the indices, while UltraTech Cement, ACC, ITC, Sun Pharma and Tata Global Beverage are trading lower.  On the sectoral front, bank, auto, energy, infra and IT are trading higher. Rupee Opens: The Indian rupee opened lower by 19 paise at 69.81 per dollar on Wednesday versus previous close 69.62. Sterlite Te...

GAIL India falls over 3%. -  The PSU had emerged as the highest bidder for operating seven wind power plants of Infrastructure Leasing and Financial Services (IL&FS). The group has Rs 4,800 crore of wind assets and total debt of the wind portfolio stands at Rs 3,700 crore and there will be no haircut of lenders, the release said. Lupin Jumps -  After Morgan Stanley Upgrade Shares of the drugmaker rose 4.1 per cent intraday to a nearly a three-month high of Rs 866 apiece. Brokerage firm Morgan Stanley upgraded its recommendation on the stock to ‘Overweight’ from ‘Equal-Weight’. Also, the price target was hiked to Rs 1,094 per share. Tejas Networks jumps 10%  - The share price of Tejas Networks jumped 10.5 per cent intraday Tuesday after the company reported strong numbers for the quarter ended March 2019. The company posted a 23 per cent increase in consolidated net profit for January-March 2019 quarter at Rs 35.89 crore. Zee Enterprises, Bharti Airtel sh...

RIL slumps 3%, HDFC Bank up  - Reliance Industries shares slumped nearly 3% to hit the day’s low at Rs 1,345.05. HDFC Bank shares are trading 0.5% up at Rs 2,301.75.  Shares of Mukesh Ambani-led Reliance Industries will assume focus after the firm reported strong Q4 results, and is set to separate fibre and tower assets in a bid to cut Jio debt. HDFC Bank shares will also be on the investor’s radar. L&T shares will also assume focus. Tata Coffee, SpiceJet, Dr Reddy's Lab, HDFC Bank, are among major gainers on the indices, while losers are Reliance Industries (RIL), Jet Airways, Reliance Capital, Reliance Infra, Reliance Power, Reliance Comm, SBI, DHFL and Canara Bank. On the sectoral front except IT, all other sectors are trading lower led by energy, infra, auto, bank, metal and pharma. Rupee Opens: The Indian rupee opened lower by 39 paise at 69.75 per dollar on Monday versus 69.36 Thursday. Oil Market Fall  - As Oil Near 6-Month High Shares of the...

Reliance Industries up 2%-  Shares of billionaire Mukesh Ambani-led Reliance Industries jumped by more than 2% at Rs 1,375.50, ahead of its Q4 results.  Jet Airways down 10% - Shares of private sector airline slumped by 10% to Rs 216.45 on NSE. Shares of the cash-strapped airline plummeted over 34 per cent, its biggest intraday fall on record, to RS 158.70 apiece.  Spicejet At 14-Month High - Shares of the low-cost carrier rose as much as 15 percent to Rs 152.60, its highest since February 2018. The shares gained 52 per cent in the last five days. RIL, Wipro, Tech Mahindra, ICICI Bank, SpiceJet, Interglobe Aviation, HDFC, HDFC Bank, are the major gainers in the indices, while losers are Jet Airways, Infosys, TCS and Hindalco. Among the sectors, auto, energy and bank are trading higher, while selling seen in the metal, IT and infra. Rupee opening - Rupee opens at Rs 69.46 against US Dollar, up 14 paise against Tuesday's close of Rs 69.60 Ashok...