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NSE suspends Karvy Stock Broking's license due to non-compliance
Posted on 2nd December 2019
National Stock Exchange (NSE) on Monday suspended the license of Karvy Stock Broking with effect from today (December 2, 2019) due to non-compliance of the regulatory provisions of the Exchange.

In a circular, the exchange informed that the brokerage firm has been suspended from capital market, Futures & Options (F&O), Currency derivatives, Debt, Mutual Fund Service System (MFSS) and commodity derivatives segments.


Jindal Steel & Power hits over 4-month high, zooms 60% in one month
Posted on 7th November 2019

Shares of Jindal Steel & Power (JSPL) hit an over four-month high of Rs 150, up 11 per cent on the BSE on Thursday on expectation of raw material benefits led by lower coking coal costs to offset the decline in steel prices in the near term.

The stock of the steel company was trading at its highest level since June 27, 2019. It has rallied 60 per cent in the past one month.


MSTC stock zooms 20% after L&T appoints the firm as its selling agent
Posted on 7th November 2019

Shares of MSTC zoomed 20 per cent to Rs 148 on the BSE on Thursday after the construction & engineering giant Larsen & Toubro (L&T) appointed the company as its selling agent.

The stock of the state-owned e-commerce firm was trading at its highest level since listing on March 29, 2019. In the past nine trading days, it soared 56 per cent, as compared to a four per cent rise in the S&P BSE Sensex. The stock has more than doubled from its recent low price of Rs 70, touched on August 14 in the intra-day deal.


Sensex gains 582 points, Nifty settles at 11,787; Tata Motors top gainer at 16%
Posted on 31st October 2019
Market benchmark Sensex on Tuesday gained almost 582 points to close at 39,831.84 while the broader NSE Nifty settled at 11,786.85 after surging 159.70 points.

The 30-share Sensex rose over 666 points before settling at 581.64, or 1.48% higher at 39,831.84. It hit an intra-day high of 39,917.01 and a low of 39,254.12.


BSE, NSE closed on account of Diwali Balipratipada; key highlights from Muhurat trading session
Posted on 28th October 2019
The leading stock market bourses –the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) are closed for trading today, October 28, 2019, on account of Diwali Balipratipada. Wholesale commodity markets, including metal and bullion, will also remain shut on the occasion. There will be no trading activity on forex and commodity futures markets to observe the occasion. Muhurat trading for this year has ended with headline indices posting gains. Sensex closed 192 points higher to 39,250, while Nifty closed at 11,627, after surging 43 points.

Sensex, Nifty a tad higher as assembly results limit gains
Posted on 25th October 2019
Indian equities on Friday opened marginally higher amid mixed cues from global markets. Disappointment over state election results kept the gains in check.

At 9.25am, the benchmark Sensex rose 0.2% to 39120 points while Nifty gained 0.02% to 11584.75 points.


Brexit deal, divestment plans boost Sensex, Nifty
Posted on 19th October 2019
Equity market witnessed sixth consecutive session of gains with benchmark indices Sensex and Nifty-50 gaining over 0.6 per cent on positive global and domestic cues after Brexit deal and the Central government planning more PSU divestments to bridge the fiscal deficit gap.

Sensex gained 246.32 points or 0.63 per cent closing at 39,298.38 while the broader Nifty-50 gained 75.50 points or 0.65 per cent to close at 11,661.85.


Sensex rises over 100 points; HDFC Bank, RIL lead gains
Posted on 18th October 2019
Equity benchmark BSE Sensex rose over 100 points in early trade on Friday amid led by gains in index heavyweights HDFC Bank and RIL amid sustained foreign fund inflow.

The 30-share index was trading 122.21 points, or 0.31 per cent, higher at 39,174.27 in morning trade. The broader NSE Nifty advance 32.30 points, or 0.28 per cent, to 11,618.65.


Sensex gains 60 points in early trade led by gains in banking stocks
Posted on 17th October 2019
Equity benchmark BSE Sensex rose over 60 points in early trade on Thursday led by gains in banking stocks amid sustained foreign fund inflows.

Besides, easing global crude prices also helped buying sentiment, traders said.


Sensex rises over 150 points; Nifty nears 11,500
Posted on 16th October 2019
Equity benchmark BSE Sensex advanced over 150 points on Wednesday driven by gains in energy and banking stocks amid sustained fund inflow and positive cues from global equities.

The 30-share index was trading 158.41 points, or 0.41%, higher at 38,664.50 at 0930 hours. Similarly, the broader NSE Nifty rose 50.75 points, or 0.44%, to 11,479.05.


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