Business Standard

MARKET: Sensex slips 422 pts amid a sell-off in RIL; Nifty ends at 11,203

All that happened in the markets today

Image SI Reporter New delhi
stocks, shares, market, sensex, nifty, BSE, INVESTORS, BROKERS

Volatility index, India VIX, rose nearly 2 per cent to 24.09 levels.

9:26 AM

Maruti Suzuki trades mildly in the red ahead of Q1 results

9:25 AM

UltraTech Cement extends gains; CLSA pegs target at Rs 5,000

9:23 AM

RBL Bank gains post June quarter results

>> Excess provisions of Rs 460 crore led small sized private sector lender RBL Bank to report a 47 per cent decline in June quarter net profit at Rs 141 crore on Tuesday. The bank said it set aside Rs 240 crore for Covid-19 related provisions, taking the total money set aside due to possible reverses because of the pandemic to Rs 350 crore.

9:21 AM

Result Impact | IndusInd Bank jumps over 4%

>> The private lender's standalone net profit slumped 67.84 per cent to Rs 460.64 crore on 0.65 per cent rise in total income to Rs 8,680.92 crore in Q1 June 2020 over Q1 June 2019.

9:20 AM

Sectoral trends on NSE at Open

9:19 AM

Sensex Heatmap at Open

9:18 AM

Opening Bell

9:17 AM

Opening Bell

9:12 AM

Sebi's new margin rules :: Retail investors to lose as Sebi, brokers tussle

The essential difference is that traders will have to maintain, or pay their full margin upfront, for trades in the cash market. They will have to put the margin down even before they sell a stock. The earlier system, which is being phased out by July 31, allowed such trades to be carried out without the full upfront margin.
 
In the event of a client default, the broker always has to make up the shortfall from its own funds in the current practice. However, the industry association ANMI (Association of National Exchanges Members, India) points out, quite correctly that there has never been any serious default in the 25-odd years of the electronic trading system. READ MORE

9:06 AM

Top gainers and losers on the S&P BSE Sensex at Pre-open

9:04 AM

Markets at Pre-open

9:03 AM

Markets at Pre-open

9:01 AM

Stocks to watch today

Maruti Suzuki India: The auto major is slated to announce its June quarter numbers later in the day. Brokerages are building in a net loss of up to Rs 750 crore for Maruti for the quarter under review led by a massive decline in volumes, as compared to a profit of Rs 1,435.5 crore reported in Q1FY20.
 
Bharti Airtel: The telecom major is set to announce its June quarter results for FY21 (Q1FY21) on Wednesday and analysts expect the company to post a loss of as much as Rs 318.9 crore as compared to Rs 5,236.9 crore loss reported in Q4FY20. Revenue growth for the quarter, however, is likely to remain flat with India non-wireless revenues traction remaining robust. READ MORE
Mutual funds, Stock markets, liquidity

8:59 AM

BROKERAGE VIEW :: CLSA on IndusInd Bank

Maintains 'Buy', Target price: Rs 665

>> Ticking the right boxes on stability

>> PPoP numbers in line with expectations

>> Factor-in capital raise and expect RoE of 14%

>> Current valuation of 0.9x is demanding

8:56 AM

BROKERAGE VIEW :: CLSA on Nestle

Downgrades to 'Sell', Target price: Rs 16,100 from Rs 16,500

>> Slow business ramp-up affects Q2 performance

>> Expect double-digit gorwth momentum to resumt in Q3

>> Factoring in a weak H1, lower our earnings estimate for CY20/21 by 5%/2%


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First Published: Jul 29 2020 | 7:02 AM IST