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Bank, metal stocks lift Sensex 166 points higher, Nifty over 11,950

All that happened in the markets today

SI Reporter New Delhi
sensex, bse

2 min read Last Updated : Jun 11 2019 | 3:51 PM IST

Key Events

3:51 PM

Heatmap: S&P BSE Sensex

3:51 PM

Nifty sectoral indices at close

3:50 PM

Market at close

3:35 PM

DHFL pays Rs 860 cr NCD dues today, within 7-day grace period: CNBC TV18

3:34 PM

Market at close

The S&P BSE Sensex ended at 39,950, up 166 points while the broader Nifty50 index settled at 11,963, up 40 points.

3:19 PM

Dish TV extends gain to over 12%

3:17 PM

NEWS ALERT | June 1-11 rainfall at 22.6 mm, 46% below normal: Met Dept

3:05 PM

NEWS ALERT | Moody's places YES Bank's ratings under review for downgrade: CNBC TV18

3:03 PM

MARKET CHECK

2:52 PM

Stock recommendation by Prabhudas Lilladher

2:52 PM

BHEL bags order worth Rs 440 cr from NPCIL for nuclear power project in TN

State-owned BHEL on Tuesday said it has bagged an order worth over Rs 440 crore from Nuclear Power Corporation of India Ltd (NPCIL).
 
"BHEL has secured an...order for the erection work of the upcoming 2x1000 MWe turbine generator (TG) island units 3 and 4 at Kudankulam Nuclear Power Project in Tamil Nadu being set up with foreign cooperation (Russia)," it said in a statement. READ MORE



2:36 PM

Hester Biosciences hits 52-week high; stock surges 71% in 2019 so far

Extending the rally seen during the past seven trading sessions, shares of Hester Biosciences hit a 52-week high of Rs 1,925 apiece, up 3 per cent on the BSE, on Tuesday. This was on the back of the government's decision to clear an outlay of Rs 13,342 crore for animal husbandry industry. READ MORE

2:34 PM

NEWS ALERT | IGL appoints ex-SJVN CMD as director: CNBC TV18

2:28 PM

India GDP growth overestimated between 2011-2017, says Arvind Subramanian

India’s statistics may have been painting a far rosier picture of economic growth than the more modest reality of the past decade. The nation has held the crown of the world’s fastest-growing major economy until recently, but a new study by former Chief Economic Adviser Arvind Subramanian says the expansion was overestimated between 2011 and 2017. Rather than growing at about 7% a year in that period, growth was about 4.5%, according to the research paper, published by the Center for International Development at Harvard University. READ MORE


Arvind Subramanian

2:17 PM

Canara Bank rises over 4%

Benchmark indices ended higher, lifted by bank and metal stocks, for third consecutive trading session on Tuesday that also saw Sensex and Nifty reclaim the 40,000-mark and 12,000-mark, respectively, during intra-day trade although the indices settled at lower levels by the end.

The benchmark S&P BSE Sensex rose 166 points, or 0.42 per cent, to 39,950, with Tata Motors, ONGC, YES Bank, IndusInd Bank, and Vedanta among the top gainers. Only seven out of the 30 BSE constituents ended the day in the red.

The broader Nifty50 index added 43 points, or 0.36 per cent, to 11,966. About 1,141 shares advanced, 1,393 declined, and 153 remained unchanged on the NSE. 

Among Nifty sectoral indices, only Nifty FMCG and Nifty Pharma indices were trading in the red, with Nifty PSU Bank, up 1.69 per cent, leading the list of gainers, followed by Nifty Metal index, up 1.32 per cent.

In the broader market, the S&P BSE MidCap index jumped 118 points, or 0.79 per cent, to 15,040, while the S&P BSE SmallCap index rose 34 points, or 0.24 per cent, to 14,619.

BUZZING STOCKS

Shares of all listed Indiabulls Group companies were under pressure, falling up to 10 per cent on the BSE during the early morning trade on Tuesday after media reports alleged Indiabulls Housing Finance Limited (IHFL) for misappropriating Rs 98,000 crore of public money. READ MORE

Shares of Eveready Industries slipped up to 4 per cent to Rs 86.55 apiece on the National Stock Exchange (NSE) during the early morning deals on Tuesday after credit ratings agency India Ratings and Research (Ind-Ra) downgraded the company's long-term credit ratings. The stock ended the day 1 per cent lower at Rs 90. READ MORE

Shares of Sterlite Technologies surged 12 per cent to Rs 193 in intraday trade on the BSE on Tuesday on the back of heavy volumes after promoter Twin Star Overseas removed entire pledge on the company's shares. The share ended the day 10.81 per cent higher at Rs 191.75. READ MORE

First Published: Jun 11 2019 | 7:05 AM IST