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Here’s a list of top 10 stocks that trended the most in markets today

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Here’s a list of top 10 stocks that trended the most in markets today

Indian benchmark indexes ended mixed on Wednesday. While the Sensex managed to close at record high, the Nifty slipped in the red. The BSE Sensex slipped 89 points from the intra-day record high of 36,947 to close with a minor gain of 33 points at 36,858. And, the Nifty ended at 11,132.

Here’s a list of top 10 stocks that trended the most in markets today:

Symphony: Shares of the electrical appliance maker touched 52-week low of Rs 1,132.20, down 19 percent in the opening trade on Wednesday on the back of poor June quarter numbers. It ended at 1132.25, losing Rs 271.40, or by 19.34 percent in value on the BSE.

ICICI Prudential: Private sector life insurer’s shares were up as much as 6.70 percent at Rs 411.60, their biggest intraday percent gain since April 25 after Q1 results. It settled at Rs 403.90, adding Rs 18.15 to the stock or 4.71 percent on the NSE.

Asian Paints: Shares of India’s biggest paint maker by market capitalization rose as much as 1.6 percent to a record high of Rs 1,490.60. It closed at Rs 1446.20, losing Rs 21.55, or 1.47 percent. Intra-day it touched a low of Rs 1,421.35.

Info Edge: Shares the company touched 52-week high of Rs 1,498.70, adding more than 10 percent intraday. It closed at Rs 1479, rising by 8.93 percent or Rs 121.20 in value on the BSE. Intra-day it touched a low of Rs 1358.70.

Maruti Suzuki: Shares of India’s largest car company fell over a percent after the company announced a recall over 1,200 new Swift and Dzire models to inspect a possible fault in Airbag Controller Unit. The stock traded at Rs 9757.70 at close on the BSE, down by Rs 62.62 or 0.64 percent on the BSE.

Adani Power: Shares of Adani Power ended at Rs 26.55, rising by 2.51 percent, after opening at 26.50. Intra-day it traded between Rs 27.50 and 25.50 on the BSE.

Tata Elxsi: The design company’s share price hit all-time high of Rs 1,477.10, rising 7 percent intraday on Wednesday following strong operating profit for the quarter ended June 2018.

Cement stocks: Stocks of cement companies slipped up to 4 percent on Wednesday after the National Company Law Appellate Tribunal (NCLAT) upheld the Competition Commission of India’s penalty of Rs 6,300 crore on 11 cement companies.

Bharti Airtel: The telco’s shares ended at Rs 351.85, down by 1.28 percent a day ahead of Q1 results. The company is expected to report a loss this quarter as integration costs for Telenor operations are likely to drag the profit margins.

Vedanta: Shares of the company settled at Rs 218.15 on the NSE, rising by 1.90 percent, after trading within a range of Rs 221.75 and Rs 216.75.

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Sensex closes at 36,858; Nifty settles below 11,150; NTPC loses 4%

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The Sensex and Nifty touched record highs in opening after which the market came under pressure due to mixed corporate earnings.

Indian markets ended on a mixed note on Wednesday with the Sensex closing at record high, but the Nifty slipped in the red at close. Benchmark indexes were pulled lower by profit booking in the last hour of trade in midcaps and metal along with IT, energy and auto stocks.

The BSE Sensex closed at 36,858.23, higher by 33.13 points, or 0.09 percent, while the Nifty settled at 11,122.85, down by 11.45 points, or 0.10 percent.

SBI, HDFC, Tata Steel were among top gainers, while NTPC lost nearly 4 percent, followed by Asian Paints, Axis Bank among others. BSE MidCap turned negative towards the end.

(Market update as of 3.40 pm)

Here’s how the markets fared in the post-noon session

The Indian benchmark indexes were trading positive, with the Sensex gaining 76.71 points, at 36,901.81 and the Nifty gaining 10.10 points, at 11,144.40.

The Sensex and Nifty touched record highs in opening after which the market came under pressure due to mixed corporate earnings.

Prominent gainers included Yes Bank, Adani Ports, Vedanta, Hero MotoCorp, Tata Steel, Bajaj Auto, HDFC, IndusInd Bank, Reliance, Wipro, SBI, ITC, rising by up to 2 percent.

Whereas, Bharti Airtel, NTPC, Kotak Bank, Hindustan Unilever, TCS, Coal India, Sun Pharma, Maruti, Asian Paints were among the top losers.

Maruti dropped by a percent after the company announced to voluntarily recall for a possible fault in airbag controller unit of 566 new Swift and 713 new Dzire manufactured between May 7 and July 5.

Cement stocks declined after the NCLAT upheld the CCI penalty of Rs 6300 crore on 11 companies.

MidCaps on both indexes traded in the positive zone, with the Nifty MidCap rising by 0.33 percent, while the BSE MidCap by 0.18 percent.

Among sectoral indices, BSE metal gained the most by 1.12 percent, while Telecom declined the most by 1.39 percent. Consumer durables was other the significant loser, down by 0.86 percent.

Also, catch all the action and updates in our Market Live blog

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Sensex, Nifty shed early gains after fresh highs; Symphony tanks

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The Indian market started on a positive note on Wednesday as the benchmark indexes touched new highs.

The Indian market started on a positive note on Wednesday as the benchmark indexes touched new highs, with the Sensex opening higher by 69.82 points at 36,928.06 and the Nifty 50 climbing 12.9 points at 11,147.20.

However, the index soon pared early gains with the Sensex dropping to 36,877.71 and the Nifty slipping to 11,138.15.

Metal stocks performed well, extending their rally from the previous sessions, whereas a strong start in the midcaps was also helping the sentiment.

Asian Paints was trading more than 2.5 percent lower after the release of its June quarter results. Shares of oil marketing companies as well as the IT sector were hit on the back of rising crude oil price and weak rupee.

Shares of Symphony touched 52-week low of Rs 1,132.20, down 19 percent in the opening trade on Wednesday after weak June quarter results. The company’s Q1FY19 net profit fell 49 percent to Rs 20 crore versus Rs 39 crore in the same quarter last fiscal. Bajaj group financial stocks were performing well.

Nifty Metal gained 1.29 percent among sectoral indices, while FMCG, IT, Realty traded lower. PSUs traded in the positive zone. BSE IT and Teck too were down, while BSE Bankex and metal traded positive.

Catch all the action and updates in our Market Live blog

The Indian rupee opened at 68.96 against the US dollar on Wednesday.

In Asia, Japan’s Nikkei was up by half a percent, while Hong Kong’s Hang Seng was trading 230 points higher.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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July 23: Here are the top 10 stocks that trended today

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Here are the top 10 stocks that trended today.

Indian markets ended on a bullish note on Monday, giving a solid start to the week, with gains posted on the back of bank, metal, FMCG shares, while IT and auto stocks underperformed. MidCaps also helped in the rally with late surge.

Here are the top 10 stocks that trended today:

ITC: Can easily be called the stock of the day as it lifted overall sentiments in the morning and noon trade. It contributed almost over 80 percent to the Nifty gains, which kept the broader index in the green. ITC trades at a 35 percent discount to FMCG peers like Hindustan Unilever ltd. At end, ITC shares traded at Rs 283.95, rising by 3.63 percent on the NSE.

South Indian Bank: Shares plunged 18 percent amid investors worry over a fall in its net profit. The stock touched an intraday high of Rs 20.60 and an intraday low of Rs 18.45. At end, it was at Rs 18.60, down by 17.15 percent on the BSE.

Bata India: Shares ended at Rs 900.90, rising nearly 7 percent on the BSE after the footwear retailer posted a posted a 36.6 percent jump in Q1 profit on Friday. Bata stock marks its biggest intraday percent gain since April 2016. More than 5.3 million shares traded, compared with the 30-day average of about 1.2 million shares. Intraday, the stock ranged between Rs 905.40 and Rs 856, after opening at Rs 877.70.

Havells India: Shares closed at Rs 610.60, jumping 9.13 percent. It touched a record high of Rs 614.70 after posting a 73 percent jump in June-quarter net profit on Friday, beating analysts’ estimates.

HDFC Bank: Shares of India’s biggest lender by market-cap HDFC Bank fell as much as 2.3 percent to Rs 2138.1 after June results miss Street expectations. At close, HDFC Bank share traded at Rs 2157.75. Intraday, it touched a high of Rs 2177.70 on the BSE.

SpiceJet: Shares of the aviation company settled at Rs 109.70, before rising as much as 9.5 percent to Rs 114.8, their highest in a week. The stock was down 28.2 percent this year but made sharpest intraday percent jump in seven weeks.

UPL:  The agro-chemical company’s shares rose 15 percent to Rs 631.65, posting biggest intraday gains in eight years after the Arysta acquisition. It touched an intraday high of Rs 639.65 on the BSE.

Hero MotoCorp, Bajaj Auto: Shares of rival two-wheeler company’s declined 6.58 and 5.34 percent on the NSE respectively after the later announced its plans to pursue market share at the cost of margins.

Asian Paints: Shares ended at Rs 1433.70, before touching an intraday high of Rs 1465.10, or rising by over 5 percent after the GST Council slashed tax rates.

Wipro: Shares of IT firm slipped as much 7 percent in morning trade on Monday after it signaled a flattish guidance for the next quarter. Wipro hit an intraday low of Rs 263.35 in the first 15 minutes of trade which is close to its 52-week low of Rs 253.50. It finally settled at Rs 276.05, down by 2.47 percent.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Sensex at record close, Nifty at highest level since budget day pulled by bank shares

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Indian benchmark indexes rebounded in the last hour of trading lifted by sustained buying in bank, FMCG, metal and financial shares. The Sensex ended at 36,719, rising by 222 points, or 0.61 percent, while the Nifty settled at 11084, gaining by 74.55 points, or 0.68 percent. Almost all sectoral indices gained except IT and to …

Indian benchmark indexes rebounded in the last hour of trading lifted by sustained buying in bank, FMCG, metal and financial shares. The Sensex ended at 36,719, rising by 222 points, or 0.61 percent, while the Nifty settled at 11084, gaining by 74.55 points, or 0.68 percent. Almost all sectoral indices gained except IT and to some extent auto.

(Market update as of 3.40 pm)

Indian markets rebounded in the last hour of trade, lifted by sustained buying in bank and metal shares, well-supported by FMCG stocks, particularly ITC and Hinudstan Unilever. The Sensex jumped over 226 points, or 0.62 percent, to 36,722.84, while the Nifty surged to 5-month high at 11,084.20, adding 74 points, or 0.67 percent. The Sensex later crossed to a new record high, while the Nifty also trades at highest level since budget day of February 1 this year.

(Market update as of 3.15 pm)

Indian markets trade range-bound in the afternoon trade on Monday. The Sensex added 121 points, or 0.33 percent, to rise to 36,618.27, while the Nifty was higher by 41 points, or 0.37 percent, to 11,050.

(Market update as of 2 pm)

Here’s how the markets fared around noon

The Indian market turned range-bound with a positive bias as sustained buying was seen in FMCG, telecom and NBFCs.

A bigger rally, however, has not been seen due to index heavyweight like HDFC Bank underperforming along with auto and IT shares.

The Sensex was trading at 36,580.90, gaining 85 points, while the Nifty was below 11,050 level, up by 33 points. The Sensex opened at 36,501 and has touched an intra-day high of 36,630 so far.

The indexes have largely been lifted by ITC, and well-supported by Hindustan Unilever, Asian Paints, Bharti Airtel, and Bajaj group finance stocks. However, the indexes were dragged due to midcap trading below potential.

HDFC Bank was trading in the red after Q1 results were below expectations on a certain parameters.

The stocks of the day mostly included those benefited from the GST council slashing rate on a list of 52 items ranging from paints to footwear to sanitary napkins. Shares of Havells, Bata, Liberty Shoes rallied higher.

Another gainer was UPL as the agro-chemical company announced a $4.3 billion deal with Arysta Lifesciences.

Among sectoral indices, FMGC, financial stocks were trading higher, while auto, metal, IT were trading lower.

Asian markets were trading mixed after the Bank of Japan offered to buy bonds at the first fixed-rate operation since February.

Japan’s Nikkei was down 1.27 percent, Hong Kong’s Hang Seng shed 0.09 percent in early trade today, while Shanghai Composite edged 0.37 per cent higher.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Sensex, Nifty open on a positive note; GST rate cut lifts Asian Paints

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The Sensex traded higher by 110 points, above 36,600 level at 9.48 am, while the Nifty was hovering near the 11,050 mark.

The market opened on a positive note on Monday amid sustained buying in consumer stocks after the GST council slashed rates on 88 items ranging from paints to footwear to sanitary napkins.

The sentiments were also boosted by the Narendra Modi government comfortably defeating the opposition-backed no-confidence motion on late Friday.

The Sensex, though started on a flat note at 36,501.05, surged over 70 points to 36,566 in initial trade. The Nifty opened above the 11,000 mark and was up 28.30 points at 11038.50.

Almost all sectoral indices were trading in the green, except BSE energy and IT. FMCG and telecom were the biggest gainers.

In the broader markets, the BSE MidCap was up by 0.6 percent, while the Nifty MidCap was also trading in the positive zone.

UPL was trading higher by more than 8 percent after the company announced acquisition of Arysta on Friday. Asian Paints, ITC, ICICI Bank, SBI, UPL, South Indian Bank gained in early trade, while Wipro, HDFC Bank and Bajaj Auto fell.

Track latest market updates with CNBC-TV18’s live blog

In Asia, Japan’s Nikkei index was down by over 300 points or 1.35 percent, while Hong Kong’s Hang Seng was marginally higher. South Korea’s Kospi traded lower by almost half a percent.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Sensex, Nifty consolidate gains; midcaps post recovery

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The Sensex was trading higher by 168 points to 36,519 at noon, while the Nifty was at 11,011, adding 55 points.

The market rebounded after a flat opening on Friday as the benchmark indexes were helped by sustained buying in IT, bank, NBFC, capital goods and auto shares.

The Sensex was trading higher by 168 points to 36,519 at noon, while the Nifty was at 11,011, adding 55 points. The BSE index had lost nearly 169 points in the previous two sessions.

Bajaj Finance and Bajaj Finserv were the top Nifty gainers, followed by Infosys, Tech Mahindra, and L&T. Vedanta, OMCs and ONGC were among the top losers on the NSE.

On the BSE, Infosys, L&T, Reliance, ICICI Bank, Sun Pharma, Adani Ports, Axis Bank were trading higher, while Vedanta, ONGC, HDFC twins, Kotak Bank, Power Grid, Yes Bank were trading lower.

Among sectoral indices on the BSE, capital goods and IT gained, while metal and oil and gas were in the negative zone. Midcaps rose by over half a percent.

Investor sentiment was also buoyed by expectation of the Narendra Modi government winning the first no-confidence motion it is facing in four years in the Lok Sabha.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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10 Questions · 5 Minutes
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Sensex, Nifty open flat ahead of no-confidence vote against Modi government

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Traders on the Dalal Street are closely tracking developments on the corporate earnings.

The Indian market on Friday opened on a flat note tracking tepid global sentiments and ahead of the no-confidence motion against the Narendra Modi government.

Rupee hit a fresh record low of 69.12 after opening at 69.01 against the US dollar.

Traders on the Dalal Street are closely tracking developments on the corporate earnings with firms like Wipro, Bajaj Auto, HDFC Life, Havells India posting their first quarter report.

The BSE Sensex opened at 36777, marginally higher by 26 points, while the NSE Nifty 50 started above 10,950 mark, at 10,963.

The Sensex, however, jumped more than 121 points to 36,472.35.

Sectoral indices were trading mixed with negativity seen in PSU banks, while the midcap index was trading marginally lower.

Among shares, Reliance Industries is at an all-time high. Infosys and Hindalco are the other top index gainers, while Vedanta, Airtel, HPCL and BPCL are the top losers.

Asian markets traded lower with Japan’s Nikkei down by 0.62 percent, while Hong Kong’s Hang Seng was trading lower by half a percent.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Sensex, Nifty end flat, midcaps extend losses

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Indian markets ended in the red amid volatility marked by weak rupee and underperformance of midcaps. The Sensex ended lower by 23 points to 36,351.23, a decline of 0.06 percent, while the Nifty ended above the 10,950 mark at 10,957.10, lower by 23.35 points, or 0.21 percent. Kotak Mahindra tops the list of losers with the stock falling nearly …

Indian markets ended in the red amid volatility marked by weak rupee and underperformance of midcaps. The Sensex ended lower by 23 points to 36,351.23, a decline of 0.06 percent, while the Nifty ended above the 10,950 mark at 10,957.10, lower by 23.35 points, or 0.21 percent.

Kotak Mahindra tops the list of losers with the stock falling nearly 4 percent after its June quarter results. L&T, HDFC, Tata Steel, TCS, ICICI Bank, Coal India, Cipla were among other losers.

Bharti Airtel, Vedanta, ITC, Axis and Yes Banks batted for the bulls. Midcaps remained weak with the Nifty MidCap closing lower by 0.72 percent, while the BSE MidCap ended 0.63 percent down.

Sectoral indices on the BSE mostly underperformed with maximum losses seen in Healthcare, Industrials, Capital Goods, Metal. Only Consumer Durables traded nearly a percent high.

Nifty sectoral indices were mostly in the red except FMCG and PSU Bank. Highest losses were seen in Pharma with 1.53 percent.

(Market update as of 3.40pm)

Here’s how the markets performed around noon

Indian market was trading range-bound on Thursday, cutting losses of early trade. The Sensex was trading at 36433, rising by 61 points, while the Nifty still hovers below the 11,000 mark.

The 30-share BSE index ranged between a high of 36515.58 and a low of 36310.17. The Nifty touched a high of 11,006.50 and a low of 10,936.95.

Midcaps continued to remain volatile with Nifty MidCap trading lower by 0.71 percent. The BSE MidCap witnessed losses around 0.4 percent.

BSE sectoral indices improved marginally led by metal, consumer durables, while the NSE sectoral indices were mixed with IT, media, pharma still lower.

Coal India, HDFC, TCS, ICICI Bank, L&T, Bharti Infratel, Hindalco, Bajaj Finance, oil marketing companies and UPL were among the losers. Vedanta, Bharti Airtel, Tata Motors, Hindustan Unilever, Axis Bank were among the top index gainers.

ONGC gained after the cabinet on Wednesday tweaked pre-1999 oil and gas contracts to provide for proportionate sharing of statutory levies like royalty and cess between the operators of an area and not put the entire burden on the state-owned oil and gas company.

Asian stocks erased gains after opening in the green. Japan’s Nikkei was marginally down by 0.13 percent, while Hong Kong’s Hang Seng was flat.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Sensex, Nifty rise amid volatility; midcaps cut losses, Vedanta, Tata Motors shares rise

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Indian markets trade in the positive zone after volatility marked the first hour of trade with the benchmark indexes failing to retain opening gains. The BSE Sensex was trading higher by 77 points to 36,449.63, rising by 0.21 percent, while the Nifty traded flat at 10, 981.55. BSE MidCap is trading in the green with …

Indian markets trade in the positive zone after volatility marked the first hour of trade with the benchmark indexes failing to retain opening gains. The BSE Sensex was trading higher by 77 points to 36,449.63, rising by 0.21 percent, while the Nifty traded flat at 10, 981.55.

BSE MidCap is trading in the green with a marginal gain of 0.14 percent, while the Nifty MidCap is still trading in the red.

Index heavyweight stocks like HDFC, TCS lead among losers which also include Coal India, Hero MotoCorp, L&T, Hindalco, oil stocks, Bajaj Finance, while gainers include Vedanta, Tata Motors, M&M, Bharti Airtel, ONGC.

Most BSE sectoral indices are now in the positive zone but with minimal gains. Consumer Durables, Metal, Realty, Auto, Bankex have risen by up to 1.41 percent. IT, Teck, Telecom, Healthcare are in the negative zone.

NSE Sectoral indices too are somewhat similar with PSU Bank, Realty, Metal Bank, Auto in the positive zone, IT, Media, Pharma, Fin Service in the negative. Nifty Energy trades higher by 0.38 percent.

(Market update as of 11.15 am)

Here’s how the markets fared in early trade

Indian market though opened higher on Thursday tracking gains in global markets, failed to retain the levels and slipped amid selling pressure and volatility. The benchmark indexes remained skittish over adverse political developments and lingering US-China trade war concerns.

The Sensex started higher at 36509.08, rising over 135 points, while the NSE Nifty 50 was below the 11,000 mark at 10,999.50. However, volatility kicked in within minutes with the Sensex dropping to 36,459.91.

ONGC, Bharti Airtel, Tata Motors, M&M, Adani Ports were among the early gainers, while Bharti Infratel, HPCL, BPCL, HDFC, Grasim, Coal India, ITC, IndusInd Bank, Hero MotoCorp were among the losers. Midcaps extended Wednesday’s losses, with both the Nifty MidCap and BSE MidCap down by a percent.

Among sectoral indices on the BSE, except consumer durables, all indices were trading lower with BSE Metal and basic materials being the top losers. BSE Healthcare and Bankex were down by 0.83 percent and 0.23 respectively.

On the NSE, all sectoral indices were trading in the red. Metal, pharma, PSU bank were leading with losses of 1.10 percent, 1.08 percent and 1.09 percent respectively. Nifty Energy is down by 0.23 percent.

The Indian rupee opened at 68.70 against the US dollar after Thursday’s close of 68.62. So far this year, the rupee has weakened 6.7 percent.

Asian markets were stready in early trade and continued to trade in the green. Japan’s Nikkei was marginally higher at 0.17 percent, while Hong Kong’s Hang Seng was trading flat. Japan’s ministry of finance today reported a trade surplus of Yen 721.4 billion.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?