Mumbai - Shares of Syndicate Bank on Monday plunged over 8 percent after the CBI arrested its Chairman and Managing Director S K Jain for allegedly taking bribe of Rs 50 lakh for increasing credit limit of some companies.
Syndicate Bank's scrip slumped 8.57 percent to Rs 132.25 on the BSE. At the NSE, it tumbled 8.45 percent to Rs 132.10.
Led by the sharp fall in the stock, the company's market value fell by Rs 961.85 crore to Rs 8,078.17 crore.
Mumbai: The benchmark BSE Sensex gained over 128 points in early trade on Monday on emergence of buying by funds and retail investors in select stocks.
Besides, a firming trend in other Asian markets buoyed the trading sentiments here.
The 30-share index, which had lost 606.58 points in the previous two sessions, recovered by 128.14 points, or 0.50 percent, to 25,608.95, with all the sectoral index, led by realty, banking and metals, trading in positive zone with gains up to 1.31 percent.
Also, the National Stock Exchange index Nifty rose 38.20 points, or 0.50 per cent, to 7,640.80.
New Delhi - In-line with a weak stock market, nine of the top-10 most valued Indian companies together lost Rs 74,193 crore from their market valuation last week.
Barring ICICI Bank, rest nine companies, including TCS, ONGC, RIL, ITC and Coal India suffered losses. The market-capitalisation of TCS plunged Rs 17,334.74 crore to Rs 4,92,904.10 crore, taking the steepest hit among the top-10 firms.
RIL's value plummeted by Rs 13,978.9 crore to Rs 3,16,421.99 crore, while that of ONGC tanked Rs 12,533.79 crore to Rs 3,30,455.81 crore.
New Delhi - The RBI's monetary policy review on Tuesday and a bunch of earnings from blue-chips including SBI, Mahindra & Mahindra and Hero MotoCorp, will dictate the near-term trend on bourses, market experts said.
Besides, trend in investment by overseas investors, global cues, movement of rupee against the dollar, oil prices and progress of monsoon will also hold key for the markets.
Mumbai - The benchmark S&P BSE Sensex snapped its last two-week gaining spree, tumbling 646 points to end below 26,000 level at almost three-week low of 25,480.94 on cautious approach adopted by operators and retail investors ahead of the RBI's monetary policy next week.
Offloading long positions from operators in view of expiry of July-contract on Thursday, weak global cues, continuing geo-political tensions also affected the sentiment.
Mumbai: Extending losses for the second straight session, the benchmark BSE Sensex plunged over 187 points in early trade today on increased capital outflows amidst a weak global trend.
The 30-share barometer, which had lost 192.45 points in the previous session, fell by 187.69 points, or 0.72 per cent, to 25,707.28.
All the sectoral indices, led by realty, metal, power and banking, were trading in negative territory with losses up to 1.91 per cent.
Similarly, the National Stock Exchange index Nifty slipped below the 7,700-mark by falling 57.90 points, or 0.75 per cent, to 7,663.40.
Mumbai: The benchmark BSE Sensex declined by over 33 points in early trade Thursday as participants indulged in reducing their positions ahead of monthly expiry in the derivatives segment.
The 30-share barometer, which had gained 96.19 points in yesterday's trade, slipped by 33.59 points, or 0.13 percent, to 26,053.83 with IT, banking, realty, teck and power stocks leading the fall.
On similar lines, the National Stock Exchange index Nifty fell by 14.25 points, or 0.18 percent, to 7,777.15.
Mumbai - Bharti Airtel shares on Wednesday jumped nearly 6 percent after the company reported a 60.9 percent rise in its consolidated net profit for the June quarter.
Scrip of the country's largest mobile operator surged 5.51 percent to Rs 373.90 -- its 52-week high on the BSE.
On the NSE, the stock jumped 5.74 percent to touch a one-year peak of Rs 374.30.
The stock was the top gainer among the blue-chips on both Sensex and Nifty during the morning trade.
Mumbai: The benchmark BSE Sensex fell over 61 points in early trade Wednesday on selling by funds and retail investors ahead of monthly expiry in the derivatives segment amidst lower-than expected corporate earnings by some firms.
The 30-share barometer, which had lost 280.62 points in the previous two sessions, moved down by another 61.40 points, or 0.29 percent, to 25,929.83 with capital goods, realty, metal and healthcare stocks leading the fall.
Also, the National Stock Exchange index Nifty shed 18.60 points, or 0.24 percent, to 7,730.10.
Mumbai: The benchmark BSE Sensex recovered over 55 points in early trade on Monday on the back of fresh buying by funds and retail investors amid positive cues from other Asian markets.
The 30-share barometer rose by 55.08 points, or 0.21 percent, to 26,181.83 with stocks of healthcare, capital goods, banking, metal and power sectors leading the recovery.
The index had lost over 145.10 points in Friday session after FIIs and domestic funds took some profit in recent outperformers.
Similarly, the National Stock Exchange index Nifty moved up by 9.45 points, or 0.12 percent, to 7,799.90.
New Delhi: Trading in stock markets would largely be driven by corporate earnings in a holiday-shortened week ahead and may see volatile trading amid futures and options (F&O) expiry on Thursday, say experts.
Stock markets will remain closed on Tuesday for 'Id-Ul-Fitr'.
Investors will also watch progress of monsoon, investment trend by overseas investors, oil price and movement of rupee against the dollar.
Besides, shares of auto companies will be in focus on announcement of sales data for the month of July from Friday.
Mumbai: The benchmark BSE Sensex slipped from record-high by falling over 25 points in early trade today as investors booked profits.
The 30-share barometer, which had gained 1,264.87 points in the past eight sessions, fell by 25.15 points, or 0.09 percent, to 26,246.70 after scaling a new lifetime high of 26,300.17 for a while in opening trade.
The gauge had closed at a new record-high of 26,271.85 yesterday.
On similar lines, the broad-based National Stock Exchange index Nifty shed 10.25 points, or 0.13 percent, to 7,820.35, after touching a lifetime high of 7,840.95 in opening trade.
Mumbai - The benchmark BSE index Sensex on Thursday retreated from record high by losing over 25 points in early trade as investors booked profits in recent outperformers, mainly capital goods, oil and gas and power sector stocks.
The 30-share barometer, which had gained 1,140.35 points in the past seven sessions, shed 25.91 points, or 0.10 percent, to 26,121.42. The gauge had closed at a new record high of 26,147.33 yesterday.
Stock Markets logged their seventh winning streak Wednesday on select buying in key heavy weights, specifically in IT counters, which lifted the benchmark indices to a record closing high.
Investor sentiment was mainly aided by steady FII inflows along with positive global markets in the backdrop of easing of Ukraine tensions.
Mumbai: Continuing its rising spree for the seventh straight day, the benchmark BSE Sensex rose over 133 points in early trade on Wednesday as metals, FMCG, capital goods and PSU sector stocks led the rally on sustained capital inflows.
Besides, a firming trend overseas also buoyed market sentiments.
The BSE 30-share barometer spurted by 133.27 points, or 0.51 percent, to trade at 26,159.07 with all the sectoral indices trading in positive zone with gains up to 0.96 percent.
Mumbai: Continuing its winning streak for the six session in a row, the benchmark BSE Sensex on Tuesday rose over 119 points in early trade on encouraging corporate earnings and sustained foreign capital inflows coupled with a firming trend on other Asian bourses.
The 30-share index, which had gained 708 points in the previous five sessions, gathered another 119.33, or 0.46 percent, to 25,834.50.
All the sectoral indices, led by infrastructure, realty FMCG and oil & gas, were trading in positive territory with gains up to 0.78 percent.
Mumbai: Shares of Multi Commodity Exchange of India Monday settled nearly 8 percent higher after Jignesh Shah-led FTIL signed an agreement to sell 15 percent stake in MCX to Kotak Mahindra Bank for Rs 459 crore.
MCX's shares zoomed 7.90 percent to close the day at Rs 848.35 after rising 13.83 percent to Rs 895 -- its 52-week high at the BSE in intra-day trade.
On the NSE, shares of MCX ended 7.91 percent higher at Rs 848.70.
FTIL's scrip climbed 2.11 percent to close at Rs 273 on the BSE.
Mumbai - The benchmark BSE Sensex recovered by 617 points during the week on fresh buying mainly in capital goods, metal, banking and power sectors on easing of infrastructure financing norms by the RBI coupled with easing of inflation.
The decline in prices provided space for the Reserve Bank to cut interest rates in next month's policy review to revive economic growth.
Mumbai - The benchmark BSE Sensex fell over 45 points in early trade Friday as funds and retail investors booked profits after three days of gains, even as TCS shares rallied nearly 4 percent after encouraging June quarter results amid a weak global trend.
The 30-share index declined by 45.82 points, or 0.17 percent, to 25,515.34 with realty, power, PSU and metal sector indices leading the fall. The index had gained 554.44 points in the previous three sessions.
The National Stock Exchange Nifty moved down by 16.85 points, or 0.22 percent, to 7,623.60.
Mumbai - The benchmark BSE Sensex on Thursday rose over 60 points in early trade, extending gains for the third straight day as funds and retail investors made selective buying ahead of the TCS and Bajaj Auto quarterly earnings.
The 30-share index gained 60.75 points, or 0.23 percent, to 25,610.47 with IT, power, FMCG, healthcare and consumer durable sector stocks leading the rise. The index had gained 542.74 points in the last two sessions.
- Reportedly Pfizer and Allergan Considering a Combination
- Ted Cruz Unveils Flat Tax Plan, Says it will Spur Economic Growth
- Samsung’s Business Moving in the Right Direction; Quarterly Profits Surpass Estimates
- Feds December Rate Hike Agenda Pushes Dollar to 2-1/2-months High
- Comcast Corp Reports Gain in Q3 Revenue