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Nifty above 9600 for first time, Sensex at record closing high; Midcap loses 1%

Nifty above 9600 for first time, Sensex at record closing high; Midcap loses 1% HDFC Group, FMCG, select auto stocks and Reliance helped the Nifty close above psychological 9,600-mark for the first time.

Closing Bell: Sensex, Nifty end at record high; midcaps fall, FMCG stocks gain

Closing Bell: Sensex, Nifty end at record high; midcaps fall, FMCG stocks gain The Sensex was up 81.07 points at 31109.28, while the Nifty was up 9.80 points at 9604.90.

Bulls take Sensex to mount 31K, Nifty scales 9600, but settles a tad below; pharma sulks

Bulls take Sensex to mount 31K, Nifty scales 9600, but settles a tad below; pharma sulks Street carries on bullish momentum, led by a rally in midcaps and steady earnings from index majors. Pharma stocks continue freefall post poor Q4 and sector outlook.

Closing Bell: Sensex ends above 31000 for first time ever, Nifty settles with almost 1% gain

Closing Bell: Sensex ends above 31000 for first time ever, Nifty settles with almost 1% gain Street ends the session on an extremely strong note, driven by a rally in midcaps as well as private banks. However, pharma stocks sulked the most on poor earnings, sectoral outlook.

Bulls rule D-Street! Sensex closes at record high; Nifty ends above 9500

Bulls rule D-Street! Sensex closes at record high; Nifty ends above 9500 Intense buying boosts Street, with Sensex ending over 440 points higher, while the Nifty gains nearly 150 points. Bank Nifty and midcaps gain on expiry day, pushing the indices higher.

Closing Bell: Sensex ends at record high, up over 400 points; Nifty closes above 9500

Closing Bell: Sensex ends at record high, up over 400 points; Nifty closes above 9500 The Sensex was up 448.39 points at 30750.03, while the Nifty ended 140.95 points higher at 9501.50.

Midcap fall, escalating cross-border tension drag market into red zone

Midcap fall, escalating cross-border tension drag market into red zone Volatile session for D-street today as reports surface of Pakistan’s fighter jets flying near Siachen area. Midcaps continue corrective phase, dragging the indices lower.

Closing Bell: Sensex, Nifty end in the red on midcap correction, cross border tension

Closing Bell: Sensex, Nifty end in the red on midcap correction, cross border tension Tata Group stocks, Tata Motors and Tata Motors DVR gained the most, while BHEL, Bank of Baroda, LT and Bharti Infratel lost the most.

LoC tensions, pharma weakness drag Sensex, Nifty down by over 0.5%

LoC tensions, pharma weakness drag Sensex, Nifty down by over 0.5% Sensex extends losses in the final minutes of the trading session, following cross border tension reports. The Nifty settled below 9400.

Closing Bell: Sensex ends over 200 points lower, Nifty below 9400, pharma, realty stocks decline

Closing Bell: Sensex ends over 200 points lower, Nifty below 9400, pharma, realty stocks decline Sun Pharma and Cipla were the top losers on both indices, while Maruti Suzuki, Mahindra and Mahindra, Eicher Motors and Hindalco gained the most.

Sensex, Nifty consolidate on day one of expiry week; midcaps bleed, ITC gains

Sensex, Nifty consolidate on day one of expiry week; midcaps bleed, ITC gains Selling pressure witnessed on the Street after a gap up opening as bears continued to fight it out with the bulls on Monday. FMCG stocks led the pack of gainers, while PSU banks and midcaps bled.

Closing Bell: Sensex ends 100 points higher, Nifty closes below 9450; LT, Bharti Infratel gain

Closing Bell: Sensex ends 100 points higher, Nifty closes below 9450; LT, Bharti Infratel gain The Sensex ended up 106.05 points at 30570.97, while the Nifty closed up 10.35 points at 9438.25.

Sensex ends volatile session on flat note, Nifty ends below 9450; FMCG up

Sensex ends volatile session on flat note, Nifty ends below 9450; FMCG up Indices fall after surging over a percent during the morning session, with the Sensex also clocking a record high figure. The Street then erased majority of their gains to end flat.

Closing Bell: Sensex flat after a volatile session, Nifty ends below 9500; FMCG gains

Closing Bell: Sensex flat after a volatile session, Nifty ends below 9500; FMCG gains The market breadth was still negative as 848 shares advanced against a decline of 1,771 shares, while 153 shares were unchanged.

Global selloff weighs on market; Sensex falls over 200 points, Nifty ends below 9500

Global selloff weighs on market; Sensex falls over 200 points, Nifty ends below 9500 Midcaps correct after a run up in the recent past, which led the fall, while pharma, metals, among others followed suit. IT stocks gained on positive sentiment post Trump’s crisis and weak rupee.


 [L]Print   

Precision Camshafts soars 5% as co bags Rs 550 crore order from Ford

Precision Camshafts soars 5% as co bags Rs 550 crore order from Ford The order was for delivery of circa 8 million camshafts. The company further informed that the camshafts are to be supplied to its facilities in Spain and China.

Reliance Communications slips nearly 21% post Q4 results, debt woes

Reliance Communications slips nearly 21% post Q4 results, debt woes The telecom operator posted a consolidated net loss of Rs966 crore for the fiscal ended fourth quarter compared to a net profit of Rs90 crore in the same period last year.

Tech Mahindra at 43-month low, plummets 17% post poor Q4 results

Tech Mahindra at 43-month low, plummets 17% post poor Q4 results The IT services major posted a consolidated net profit for the March quarter at Rs 589.7 crore, a fall of 30.2 percent against Rs 845 crore quarter on quarter.

Ujaas Energy rises 7% on Letter Of Intent from Arunachal Pradesh govt

Ujaas Energy rises 7% on Letter Of Intent from Arunachal Pradesh govt The meeting of the board of directors of the company is scheduled to be held on May 29, to consider and approve the audited financial results for the quarter and year ended March 31, 2017.

Jaiprakash Associates gains 15% on debt recast nod by banks#39; board

Jaiprakash Associates gains 15% on debt recast nod by banks#39; board Sharekhan said the development was a positive read through for banks like SBI, ICICI Bank, Axis Bank and Yes Bank which have exposure to the group.

Manappuram Finance shares soar 6.5% post Q4 show

Manappuram Finance shares soar 6.5% post Q4 show Manappuram Finance, a gold loan NBFC, yesterday reported a 54 per cent increase in net profit at Rs 200.57 crore for the fourth quarter ended March 2017.

Sintex Industries rises 20% post demerger of custom moulding biz

Sintex Industries rises 20% post demerger of custom moulding biz Under the said scheme of arrangement, shareholders of Sintex Industries will get one share of Sintex Plastic Technology for every share of Sintex Industries held on the record date.

Fall in crude prices sends aviation, paint stocks soaring 3-8%

Fall in crude prices sends aviation, paint stocks soaring 3-8% Airlines gain in 3-5 percent range, while paint stocks rally between 3 and 8 percent on the back of cut in input cost prospects.

IOC slips nearly 5% post Q4 results; Citigroup, Nomura maintain buy

IOC slips nearly 5% post Q4 results; Citigroup, Nomura maintain buy The company reported 6.8 percent quarter-on-quarter (QoQ) fall in the net profit to Rs 3,720 crore for the quarter ended March 31.

Glenmark Pharma rises 3% on ANDA nod to blood pressure drug, credit rating assurance

Glenmark Pharma rises 3% on ANDA nod to blood pressure drug, credit rating assurance The company received approval for Olmesartan Medoxomil tablets. It also told the exchanges that SP Global Ratings had reaffirmed its credit rating as BB as part of annual review cycle.

Swelect Energy Systems’ good results sends stock soaring 20%, gets locked in upper circuit

Swelect Energy Systems’ good results sends stock soaring 20%, gets locked in upper circuit The heavy electrical equipment maker’s net profit for the March quarter came in at Rs 13.1 crore against a loss of Rs 1.05 crore a year ago.

The Videocon saga continues: Stock nosedives 10%, gets locked in lower circuit again

The Videocon saga continues: Stock nosedives 10%, gets locked in lower circuit again Bearishness in the stock continued for the third day, following banks’ declaring the company’s debt as a non-performing asset. Dena Bank and Central Bank of India have declared the company as an NPA on their books.

Lypsa Gems rises 7% on bonus issue approval

Lypsa Gems rises 7% on bonus issue approval The company at its meeting held on May 25, has approved issue of bonus shares in the ratio of 2:5.

UTI Mutual Fund sells 99.66 lakh shares of IDFC

UTI Mutual Fund sells 99.66 lakh shares of IDFC UTI Mutual Fund sold 99,66,000 shares of IDFC.

Sintex Industries ends 75% lower after rising 94% as it trades ex-scheme of arrangement

Sintex Industries ends 75% lower after rising 94% as it trades ex-scheme of arrangement In September 2016, the company had approved a composite scheme of arrangement for the demerger of the custom moulding business from Sintex Industries into Sintex-BAPL and prefab business from Sintex Industries to Sintex Infra Projects.

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