Stock trading news

Indian equity benchmarks logged strong gains on December 13 buoyed by positive global sentiment as hopes of an orderly Brexit grew stronger after a landslide election victory for British Prime Minister Boris Johnson.The Sensex settled 428 points or 1.05 percent, higher at 41,009.71 while the Nifty closed the day with a gain of 115 points or 0.96 percent, at 12,086.70.Close Mid-caps and Small-caps, too, witnessed decent gains but underperformed the benchmark Sensex. BSE Mid-cap closed 0.92 percent up and the Small-cap index settled 0.82 percent up. For the week, both Sensex and Nifty climbed 1.4 percent. related news ITDC jumps 9% on merger with Kumarakruppa Frontier Nifty Bank marches toward record high on likely resolution of 4 NPA cases in December BGR Energy share price locked in 20% upper circuit on Rs 4,442-cr order win Among sectoral indices this week, the Nifty PSU Bank surged 4.5 percent, while the Nifty Metal and the Nifty Auto were up over 3 percent each. The Nifty … [Read more...] about Movers & Shakers: Top 10 stocks which gained or lost the most this week

The Indian benchmark indices continues to trade on a negative note in this afternoon session with Nifty down 47 points at 11,794 while the Sensex shed 162 points and is trading at 39,423 level.Nifty Metal is down 1.5 percent dragged by Jindal Steel & Power, JSW Steel, Tata Steel, Vedanta, Coal India and NALCO.Oil & gas stocks are also weak, the top losers are ONGC and Reliance Industries which are down over 1 percent each.Close From the pharma space, the top losers are Aurobindo Pharma, GSK Pharma, Lupin, Dr Reddy's Jabs and Cipla. related news ITDC jumps 9% on merger with Kumarakruppa Frontier Nifty Bank marches toward record high on likely resolution of 4 NPA cases in December BGR Energy share price locked in 20% upper circuit on Rs 4,442-cr order win Selective IT stocks are trading in the red led by Mindtree, Tata Consultancy Services, Wipro and Birlasoft.PSU bank index continues to outperform all other indices led by Central … [Read more...] about D-Street Buzz: Over 200 stocks hit 52-week low on BSE; JSPL, YES Bank down 3-4%

Indian benchmark indices are trading in the red with Nifty shedding 71 points and is trading at 11,751 while the Sensex is down 212 points and is trading at 39,240 level.Nifty Metal is down over 2 percent dragged by Tata Steel, JSPL and JSW Steel which are down over 4 percent each followed by Hindalco Industries, SAIL, Vedanta and Jindal Stainless.From the oil & gas space, the top losers are HPCL which shed over 3 percent followed by Reliance Industries, GAIL India, BPCL, Indian Oil Corporation and ONGC.Close The top losers from the media space are Eros International Media, Inox Leisure, PVR, Sun TV, Network18, Dish TV and TV18 Broadcast. related news ITDC jumps 9% on merger with Kumarakruppa Frontier Nifty Bank marches toward record high on likely resolution of 4 NPA cases in December BGR Energy share price locked in 20% upper circuit on Rs 4,442-cr order win Selective real estate stocks are trading in the … [Read more...] about D-Street Buzz: Nifty Metal underperforms dragged by Tata Steel; Tata Motors down 2%, ADAG stocks fall

Benchmark indices are trading on a positive note with Nifty up 29 points and is trading at 11,701 while the Sensex added 124 points and is trading at 39,085 level.Nifty Media is the outperforming sector, up over 1 percent led by Zee Entertainment, Dish TV, Network18, PVR, TV Today and Inox Leisure.From the banking space, the top gainers are ICICI Bank which jumped 2 percent followed by IndusInd Bank, RBL Bank and State Bank of India.Close India VIX is marginally down 0.14 percent at 14.63 levels. related news Bulls push Sensex above 41K, but dump small-caps; 48 stocks fell 10-20% in a week Technical View: Nifty forms bullish candle, new highs in sight Taking Stock: Market rises for 3rd day in a row on positive global cues The top gainers from the NSE include IndusInd Bank, Zee Entertainment, ICICI Bank, Cipla and Power Grid while the top losers are Indiabulls Housing Finance, Bharti Infratel, Asian Paints, Hindalco … [Read more...] about D-Street Buzz: Media stocks gain led by Zee Entertainment; ICICI Bank jumps 2%

China is exporting textiles to India through Bangladesh to get around a tax increase on imports, undermining New Delhi's efforts to support local manufacturers, industry sources said.Earlier this week, India doubled the import tax on more than 300 textile products to 20 percent, marking the second tax increase on textiles in as many months.This is aimed at providing relief to the country's domestic textile industry, which has been hit by cheaper imports. India's total textile imports jumped by 16 percent to a record $7 billion in the fiscal year to March 2018. Of this, about $3 billion were from China.Close Textiles are India's second largest job provider directly employing nearly 51 million people and accounting for 5 percent of India's gross domestic product, and 13 percent of its export earnings. related news PM Narendra Modi arrives in Kanpur to chair first meeting of National Ganga Council US-China trade deal cuts tariffs for Beijing promise of big farm purchases Hong … [Read more...] about Free-trade pacts hamper India’s efforts to curb China textile imports