Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Market / Stock-market-news/  Live: Sensex ends day down 0.41%
BackBack

Live: Sensex ends day down 0.41%

Here are the key developments affecting the domestic and international markets today

A file photo of the BSE building in Mumbai. Photo: PTIPremium
A file photo of the BSE building in Mumbai. Photo: PTI

3.57pm: The S&P BSE Sensex ended marginally lower on Thursday, falling for a third consecutive session as wary investors shied away from IT stocks ahead of Tata Consultancy Services Ltd’s earnings.

Both the Sensex and the Nifty ended the day 0.41% lower.

2:28pm: The S&P BSE Sensex is now trading lower by 40.55 points, or 0.15%, to 27,647.17.

2:05pm: Tata Motors Ltd shares are down 1.9% after Wednesday’s 6% slump on continued worries over unit Jaguar Land Rover’s sales in China amid the stock market rout there.

1:50pm: JK Paper Ltd climbs 5.3% to 34.75 after the company said in a notice to BSE that India Ratings and Research Pvt. Ltd., a Fitch group company, has upgraded its long-term issuer rating to “IND BBB+" from “IND BBB". The outlook is Positive.

1:33pm: The S&P BSE Sensex is now down 77.60 points, or 0.28%, to 27,610.12.

1:16pm: Shares of IT companies are trading lower ahead of TCS June quarter results. Analysts expect the industry leader’s revenue to rise at least 4% in the quarter, helped by healthy deal wins and favourable currency swings. TCS falls 1.8%, Infosys Ltd is down 1.7%, HCL Technologies Ltd 1.3%, Mindtree Ltd 1.5%, CMC Ltd 1.6%. The BSE IT Index is down 1.3% to 10,260.76 points.

1:00pm: Om Metals Infraprojects Ltd climbs 8.9% to 42.30 after the company said in a notice to BSE that it has got an order worth 325 crore to set up smart city near Ujjain.

12:48pm: Essar Oil Ltd shares fall as much as 10.6% to 168.60 after rising as much as 5.1% in early trade to hit their highest level since 9 September 2008. Rosneft signed a deal on Wednesday to supply 10 million tonnes of crude a year, or 200,000 barrels a day, to Essar and a non-binding memorandum to buy a 49% stake in the Mumbai-based company’s refinery on the western coast of India. Read more.

12:36pm: Shares of oil companies are trading lower on profit-booking. BPCL is down 3.6%, IOC 2.8%, and HPCL 1.3%.

12:20pm: Tata Communications is 1.6% higher after the company entered into an agreement with Orange Business Services to expand the latter’s network footprint in India. The network-to-network interconnect (NNI) agreement is part of a strategic partnership between the two companies and will increase Orange domestic coverage 10-fold to over 120 cities to meet customer demand.

12:05pm: IDBI Bank is currently trading 3.5% higher after it signed an agreement with Mudra Bank for refinancing of loans given to small enterprises. As per the agreement, the bank will offer credit facilities up to 10 lakh to micro enterprises, at a competitive interest rate under Pradhan Mantri Mudra Yojana and Mudra will be providing refinance assistance to the bank for eligible sanctioned loan cases.

11:46am: The S&P BSE Sensex is trading lower by 19.42 points, or 0.07%, to 27,668.30.

11:25am: Eros International Media Ltd advances as much as 11% to 597.10 after Bloomberg reported that it is in advanced talks to sell 10% stake in its Eros Now unit to Singapore-based Fullerton Fund Management Co. Ltd.

11:10am: Chinese equity indexes rebound, with more than half of mainland stocks suspended as regulators scramble to halt a $3.9 trillion rout. The Shanghai Composite Index gains as much as 6.8% and Hong Kong’s Hang Seng China Enterprises Index rallies 5.5% after a five-day, 12% rout.

10:57am: Strides Arcolab shares rise 1.7% after brokerage Macquarie maintained its ‘buy’ rating on the stock with a 12-month price target of 1,700.

10:46am: The Sensex swings back into the positive territory in a volatile session, trading up 38.28 points, or 0.14%, to 27,726.

10:42am: Bhushan Steel Ltd zooms 20% to 66. Mint reported on Tuesday that the company has won majority banker approvals to refinance its 35,000 crore debt under the Reserve Bank of India’s 5/25 scheme.

10:35am: A2Z Infra Engineering Ltd surges 8% to 22.15 after the company said in a notice to BSE that its board will meet on 8 July to consider various options of raising funds, including issuance of equity shares or warrants convertible into equity shares to promoters/investors on a preferential basis.

10:27am: Tata Motors Ltd is down 2.4% to 395.50. According to Bloomberg, Jaguar Land Rover has recalled over 65,000 Range Rover vehicles from North America due to a manufacturing defect.

10:22am: 8K Miles Software Services Ltd advances 3.7% to 880.25 after the company said its consolidated net profit rose 14.3% in the June quarter to 7.20 crore compared with 6.30 crore a year ago.

10:16am: KNR Constructions Ltd climbs 6.2% to 608.50 after the company said in a notice to BSE that it has got orders worth 255.60 crore from Madhya Pradesh Road Development Corp. Ltd.

10:11am: Aegis Logistics Ltd rises 2.6% to 863 after the company said Kolkata Port Trust allots additional two plots aggregating to 9 acre at Haldia Port. Land at Haldia Port is allotted on a lease for 30 years.

10:06am: The S&P BSE Sensex falls 61.63 points, or 0.22%, to 27,626.09.

10:05am: Suzlon Energy Ltd surges as much as 10.1% to 23.95 after Bloomberg reported that the company may win orders worth 1,000 crore this month.

10:02am: Titagarh Wagons Ltd drops 2.6% to 110.70. The company said in a notice to BSE that it will raise around 250 crore qualified institutional placement at a price at 104.64 per share.

9:58am: Essar Oil Ltd jumps 3.1% to 194.50 after Essar Group agreed to sell as much as 49% of Essar Oil Ltd to Russia’s OAO Rosneft in a deal that would be worth about 13,400 crore at Wednesday’s market price, reports Mint. The deal will give Essar Oil access to Rosneft’s crude output.

9:54am: Bajaj Corp Ltd is down 0.3% to 455.60 ahead of its June quarter earnings which will be out later today. The company may post net profit of 56.12 crore, while net sales will be at 228 crore, according to 9 analysts of Bloomberg.

9:50am: Sectoral indices—BSE capital goods index is the top gainer, up 1%, followed by healthcare and realty indoces, which are up 0.5% each. The BSE IT and oil and gas indices are top losersm down 0.6%.

9:45am: Tata Consultancy Services Ltd (TCS) is down 1.4% to 2,557.45 ahead of its June quarter results. The company’s profit may climb 9% from a year earlier to 5,510 crore ($866 million), according to the median estimate of 25 analysts in a Bloomberg survey.

9.43am: The Sensex is trading higher by 0.04%, or 10.38 points, at 27,698.10, while the 50-share CNX Nifty of the National Stock Exchange (NSE) is up 0.01%, or 1.10 points, at 8,364.15.

9:30am: Indian stocks are trading flat after falling the most in a month on Wednesday, as Chinese shares extended a rout and metal producers tumbled amid a slump in commodity prices.

9:20am: The yield on India’s 10-year benchmark bond is trading at 7.789% compared with its Wednesday’s close of 7.782%.

9:15am: The Indian rupee strengthens marginally to 63.55 per dollar compared with its previous close of 63.60, tracking the gains in the Asian currencies markets. Read more.

9:12am: The dollar rises to 121.16 yen from 120.80 in late trading. The euro is flat at $1.1072.

9:08am: Benchmark US crude fell rises 16 cents to $51.81 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude rises 59 cents to $57.64 in London.

9:03am: The Shanghai Composite Index in mainland China falls more than 3% in the first half hour of trading before reversing course and rising 1.4% to 3,555.69. Hong Kong’s Hang Seng rebounds 4.1% to 24,492.45 a day after suffering its biggest drop since the financial crisis. Japan’s Nikkei 225 is down 1.3% to 19,480.91 and South Korea’s Kospi slides 1.2% to 1,992.91. Australia’s S&P/ASX 200 loses 0.4% to 5,448.40.

9:00am: Asian stocks markets are volatile as China’s main index seesaws after a prolonged sell-off while Hong Kong’s benchmark rebounds strongly.

8:55am: Major US indexes fell on worries about China and the logjam in talks between Greece and its creditors. Trading on the NYSE was also disrupted by technical trouble that caused a shutdown lasting more than three hours. The Dow Jones industrial average dipped 1.5% to 17,515.42 and the Standard and Poor’s 500 fell 1.7% to close at 2,046.68. The Nasdaq slid 1.8% to 4,909.76.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 09 Jul 2015, 09:49 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App