US President Donald Trump said he plans to impose a 10 percent tariff on USD 300 billion of Chinese imports from September 1 and could raise tariffs further if China's President Xi Jinping fails to move more quickly to strike a trade deal.The announcement on Thursday extends Trump's trade tariffs to nearly all China's imports into the United States and marks an abrupt end to a temporary truce in a trade war that has disrupted global supply chains and roiled financial markets.Following renewed trade war between the two economic giants, global indices and that of India have been hit hard. Benchmark indices are down close to a percent each. Nifty50 is down 87 points and is trading at 10,892 while the Sensex is down 294 points and is trading at 36,724 level.Close Nifty Metal along with the realty space are down over 2 percent each dragged by JSPL, SAIL, Tata Steel, Vedanta, NMDC, Hindustan Copper, Hindalco Industries and NALCO. related news … [Read more...] about D-Street Buzz: Metal stocks slide led by JSPL; Airtel jumps 4%, Tata Steel hits 52-week low
Coal mining in india
D-Street Buzz: Nifty Auto in green led by Bajaj Auto; Wipro sheds 2%, RIL most active
Indian benchmark indices have managed to regain some lost ground but is still trading in the red with Nifty50 shedding 58 points and is trading at 10,921 while the Sensex is trading lower by 189 points and is trading at 36,828 level.Nifty Auto is the only sector which is trading in the green, up 1 percent led by Bajaj Auto, Eicher Motors and TVS Motor Company which jumped 2 percent each followed by Maruti Suzuki, Mahindra & Mahindra and Tata Motors.Metals continue to underperform dragged by JSPL, SAIL, Tata Steel, Vedanta, NMDC, Hindustan Copper, Hindalco Industries, Jindal Stainless and NALCO.Close From the media space, the top losers are Eros International Media, PVR, TV18 Broadcast, Inox Leisure, Hathway Cable, Zee Entertainment and Dish TV. related news Trade Setup for Monday: Top 15 things to know before Opening Bell 'Nifty may move towards 12,200 in coming days; bet on these 3 stocks for double-digit returns' Heads up! There are a few … [Read more...] about D-Street Buzz: Nifty Auto in green led by Bajaj Auto; Wipro sheds 2%, RIL most active
D-Street Buzz: Tata Motors, YES Bank fall 4-6%; Bharti Airtel gains, RIL most active
Benchmark indices continue to trade lower by over 1 percent each with Nifty50 down 148 points and is trading at 10,849 while the Sensex plunged 456 points and is trading at 36,661 level.Bank Nifty is down 2 percent dragged by RBL Bank, State Bank of India, Kotak Mahindra Bank, YES Bank, HDFC Bank, ICICI Bank, Axis Bank and Bank of Baroda.The top losers from the real estate space are Indiabulls Real Estate, Godrej Properties, Unitech, DLF, Phoenix Mills, Oberoi Realty and Sobha.Close Oil & gas stocks continue to drag, the top losers being GAIL India, Indian Oil Corporation, ONGC and Reliance Industries. related news D-Street Buzz: Banks bleed led by YES Bank, RBL Bank, SBI; Omaxe tanks 20% Shakti Pumps shares fall 3% after CARE revises credit rating Andhra Bank share price falls 3% after RBI imposes Rs 25 lakh penalty From the BSE midcap space, the top losers are NBCC, DHFL, Torrent Power, MRPL and Adani Power while the top losers from the smallcap … [Read more...] about D-Street Buzz: Tata Motors, YES Bank fall 4-6%; Bharti Airtel gains, RIL most active
D-Street Buzz: PSU Banks gain led by BoB, PNB; IOC jumps 5%, midcaps advance
Indian stock market has made a complete U-turn with benchmark indices including the Sensex added over 100 points after being down in the morning session. Nifty50 is up 35 points and is trading at 11,121 mark.Nifty PSU Bank added close to 2 percent led by Bank of Baroda and Punjab National Bank which jumped over 3 percent each followed by State Bank of India, Union Bank, Canara Bank and Bank of India.Metal stocks are also shining, the top gainers being Jindal Steel & Power which is up 3 percent followed by Tata Steel, NALCO, SAIL, Coal India, Hindustan Copper and Hindustan Zinc.Close From the pharma space, the top gainers are Aurobindo Pharma, Cadila Healthcare, Sun Pharma, Piramal Enterprises and Lupin. related news Trade Setup for Monday: Top 15 things to know before Opening Bell 'Nifty may move towards 12,200 in coming days; bet on these 3 stocks for double-digit returns' Heads up! There are a few warning signals and one should remain cautious on market From the BSE … [Read more...] about D-Street Buzz: PSU Banks gain led by BoB, PNB; IOC jumps 5%, midcaps advance
