F&O expiry: Mkts end flat after a choppy session; Nifty settles at 10,289
All that happened in the markets today
 "Markets")
ITC (up around 5.5 per cent) was the top gainer on the Sensex. (Photo: PTI)
The domestic stock market ended Thursday's volatile session on a flat note with slight cuts. It was also the last day of the June series derivative contracts.
The S&P BSE Sensex ended at 34,842, down 27 points or 0.08 per cent having earlier fallen to as low as 34,500 and as high as 35,082 in intra-day. The Nifty50 index ended below the 10,300-mark at 10,289, down 16 points or 0.16 per cent.
ITC (up around 5.5 per cent) was the top gainer on the Sensex, followed by Bajaj Finance (up over 2 per cent) and HUL (up 2 per cent). On the other and, Asian Paints (down 3 per cent) ended as the biggest loser.
Among individual stocks, Canara Bank slipped over 4 per cent as its losses widened during March quarter of FY20 (Q4FY20). Bharti Infratel also declined after the company pushed the deadline for completion of merger with Indus Towers by over two months.
Shares of IOL Chemicals & Pharmaceuticals hit a new all-time high of Rs 464.65 in the intra-day trade on the BSE. It ended at Rs 466, up 7.7 per cent.
Shares of IIFL Group companies were in focus. On an individual basis, shares of IIFL Finance were locked in 10 per cent upper circuit at Rs 82.20 on the BSE after its promoter & director Nirmal Jain increased stake in the company through open market purchases.
Shares of IOL Chemicals & Pharmaceuticals hit a new all-time high of Rs 464.65 in the intra-day trade on the BSE. It ended at Rs 466, up 7.7 per cent.
Shares of IIFL Group companies were in focus. On an individual basis, shares of IIFL Finance were locked in 10 per cent upper circuit at Rs 82.20 on the BSE after its promoter & director Nirmal Jain increased stake in the company through open market purchases.
The trend among Nifty sectoral indices was mixed, with the Nifty FMCG index advancing over 2 per cent.
In the broader market, the S&P BSE MidCap and SmallCap indexes ended 0.62 per cent and 0.76 per cent higher, respectively.
Global markets
World stocks fell to their lowest level in over a week on Thursday, as a surge in US coronavirus cases and an IMF warning of a nearly 5 per cent plunge in the global economy this year spooked investors.
Most Asian markets were closed today for holidays. In the overnight trade, Wall Street's three major indexes tumbled.
The International Monetary Fund Wednesday said the Covid-19 pandemic was causing wider and deeper damage to economic activity than first thought, prompting it to slash its 2020 global output forecasts further to 4.9 per cent from 3 per cent.
In commodities, oil slipped below $40 a barrel after a more than 5 per cent fall the previous session, as record-high US crude inventories and a resurgence in coronavirus cases cast doubt on a recovery in fuel demand.
(With inputs from Reuters)
3:44 PM
SECTOR WATCH:: Nifty FMCG gains over 2%
3:42 PM
MARKET AT CLOSE:: Losers and gainers on the S&P BSE Sensex
3:39 PM![]()
CLOSING BELL
The S&P BSE Sensex slipped 27 points or 0.08 per cent to end at 34,842 while NSE's Nifty ended at 10,289, down 16 points or 0.16 per cent.
3:29 PM
MARKET CHECK
3:25 PM![]()
MARKET UPDATE | Brokerage stocks in focus
IIFL Securities, Geojit Financial Services, 5paisa Capital surge 20%
3:23 PM
MARKET UPDATE:: Defence stocks rally
- Bharat Dynamics soars 18%, Hindustan Aeronautics surges 17% on heavy volumes
3:15 PM
MARKET CHECK:: ITC surges around 5%
3:01 PM
NEWS ALERT :: Cyient partners with Microsoft to accelerate Internet of Things Solutions
>> The company has joined Microsoft Azure Certified for Internet of Things ( lo T), ensuring customers get loT solutions up and running quickly with hardware and software that has been pre-tested and verified to work with Microsoft Azure loT services.
>> Microsoft Azure Certified for loT allows businesses to reach customers where they are, working with an ecosystem of devices and platforms, allowing for faster time to production.
(Source: BSE filing)
>> Microsoft Azure Certified for loT allows businesses to reach customers where they are, working with an ecosystem of devices and platforms, allowing for faster time to production.
(Source: BSE filing)
2:58 PM
» More on Most Active Volume![]()
Most active stocks by volume
| COMPANY | PRICE(rs) | CHG(%) |
|---|---|---|
| VODAFONE IDEA | 9.76 | -0.51 |
| FUTURE CONSUMER | 17.90 | 4.99 |
| B H E L | 37.60 | 3.58 |
| SOUTH IND.BANK | 8.68 | -4.51 |
| INDIABULLS HOUS. | 236.05 | 14.31 |
2:52 PM![]()
NEWS ALERT :: ISMA sees 1.5 mt sugar diversion to ethanol in 2020-21
>> ISMA sees domestic sales of sugar at 25 mt in 2019-20 & India's sugar exports at 5.2 mt in 2019-20.
>> India may export 6-7 mt surplus sugar in 2020-21.
Alert: ISMA is Indian Sugar Mills Association
(Source: CNBC TV18)
>> India may export 6-7 mt surplus sugar in 2020-21.
Alert: ISMA is Indian Sugar Mills Association
(Source: CNBC TV18)
2:48 PM
MARKET UPDATE :: Stock that hit 52-week high today
2:40 PM
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ITC Q4 preview: Cigarette volume growth, hotel business outlook eyed
ITC is slated to announce its March quarter results for the financial year 2020-21 (FY21) on Friday, June 26. The company, according to analysts, is expected to post up to 14 per cent decline in its cigarette volumes due to hike in excise duty and Covid-19 lockdown. The company's FMCG business may also take some hit while its Hotels business will be impacted most, they say. During the period under review, ITC's stock dipped 27.7 per cent as compared to a 9 per cent fall in the NIfty FMCG index and 28.65 per cent slump in the S&P BSE Sensex, ACE Equity data show. READ MORE
2:35 PM
Top gainers on the BSE at this hour
2:28 PM![]()
Federal Bank to buy another 4% stake in its JV from IDBI Bank for Rs 80 cr
The stake buy from the state-run IDBI Bank will take Federal Bank's stake in the 12-year-old company to 30 per cent, the maximum permissible level for a lender under the regulations, its managing director and chief executive Shyam Srinivasan told PTI. READ MORE
2:22 PM![]()
NEWS ALERT :: Sebi's Board meeting ends
Topics : Coronavirus Markets International Monetary Fund Canara Bank Ashok Leyland GAIL India Apollo Hospitals Indian Oil Corp MARKET WRAP
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First Published: Jun 25 2020 | 7:46 AM IST
