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Bharat Dynamics soars 16% on robust December quarter results
Posted on 15th February 2019
Shares of Bharat Dynamics soared 16 per cent to Rs 263 apiece on the BSE in an otherwise weak market after the company reported a robust net profit of Rs 188 crore in December 2018 quarter (Q3FY19). The state-owned defence company had a profit of Rs 6.18 crore in the year-ago quarter.

The company’s operational revenue during the quarter under review grew 26 per cent to Rs 1,038 crore against Rs 822 crore in the corresponding quarter of previous fiscal.


Dr Reddy's Labs turns volatile; stock rebounds 32% from day's low on NSE
Posted on 15th February 2019
Shares of Dr Reddy’s Laboratories turned volatile falling 30 per cent to Rs 1,873 apiece, also its 52-week low on the National Stock Exchange (NSE), after media reported Jefferies, in its research note, said that the Form 483 issued by US Food and Drug Administration (US FDA) to drug firm’s Bachupally plant contains four repeat observations out of the total 11 observations.

At 11:14 am; Dr Reddy’s Laboratories was trading 7 per cent lower at Rs 2,474, recovering 32 per cent from its early morning low on the back of heavy volumes on the NSE.


Sensex drops over 100 points on weak global cues, foreign fund outflow
Posted on 13th February 2019
The BSE Sensex fell over 100 points in early trade on Thursday on heavy foreign fund outflows amid rising global crude prices and a subdued trend at other Asian bourses.

The 30-share barometer, which had lost 840 points in the previous five sessions, was trading 120.01 points, or 0.33 per cent, lower at 35,914.10.


Sensex rises over 150 points on easing inflation, positive global cues
Posted on 13th February 2019
The benchmark Sensex gained over 150 points in early trade on Wednesday, snapping its four-session losing streak, on the back of positive macroeconomic data and better-than-expected earnings by some bluechip companies, amid positive global cues.

The 30-share barometer was trading higher by 169.36 points, or 0.47%, at 36,322.97. The gauge had lost over 720 points in the previous four days. The NSE Nifty too climbed 29.20 points, to 10,860.60. Barring teck, all the sectoral indices, led by realty, FMCG, power and bankex, gained up to 1.50 %.


Sensex, Nifty turn cautious ahead of IIP, inflation data releases
Posted on 12th February 2019
Benchmark equity indices opened on a cautious note on Tuesday ahead of the release of key macroeconomic numbers amid selling by foreign and domestic investors.

The 30-share Sensex was trading 3.66 points, or 0.01%, lower at 36,391.37 in early trade. The index had lost 580 points in the previous three sessions.


Sensex plunges 424 pts
Posted on 9th February 2019
The BSE Sensex plummeted over 424 points while the Nifty finished below the 11,000-mark on Friday, led by a sharp selloff in auto and metal stocks amid renewed concerns over the US-China trade conflict.

Investors preferred to book profits following robust gains over the previous few days, even as the risk appetite was tempered by valuation and macroeconomic concerns, traders said.


National Stock Exchange to introduce dynamic price band for futures contracts
Posted on 9th February 2019
The National Stock Exchange Friday said it will introduce a dynamic price band for futures contracts in order to prevent erroneous order entries.

There are no fixed price band applicable for stock futures contracts.


Sensex topples 250 points; Nifty breaches 11,000 mark
Posted on 6th February 2019
Mumbai: BSE benchmark Sensex jumped over 250 points and NSE Nifty breached the 11,000 mark in early trade Wednesday led by gains in IT and metal stocks amid heavy buying by domestic and foreign institutional investors.

The 30-share index was trading 255.89 points, or 0.70 per cent, higher at 36,872.70.


Sensex, Nifty turn choppy ahead of RBI meet; Airtel cracks 4%
Posted on 5th February 2019
Benchmark indices started on a choppy note Tuesday as investors turned cautious amid selling by domestic and foreign funds ahead of RBI’s monetary policy review.

The 30-share index was trading 42.81 points, or 0.12 per cent, lower at 36,539.93.

Similarly, the 50-share NSE Nifty fell 16.45 points, or 0.15 per cent, to 10,895.80.


Sensex drops over 100 points; bank, auto stocks fall
Posted on 4th February 2019
Mumbai: The BSE benchmark Sensex Monday fell over 100 points tracking selloff in banking, auto and metal stocks amid mixed cues from global markets.

The 30-share index was trading 109.53 points, or 0.30 per cent, lower at 36,359.90.


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