MARKET WRAP: Sensex pares gains to end 45 pts up; financial stocks rally

All that happened in the markets today

9:52 AM

Divestment news attracts investors to govt companies

With the rally playing out in the large-cap and mid-cap space, investors’ focus seems to have shifted to the public sector undertaking (PSU) pack. So far this month, the Nifty PSE index has gained 7.1 per cent, outperforming the benchmark Nifty, which has risen 3.5 per cent. READ MORE

9:42 AM

Most active stocks by volume

COMPANY	PRICE(rs)	CHG(%)
PHOENIX MILLS	666.00	-8.17
VODAFONE IDEA	9.18	0.99
TATA POWER CO.	61.00	0.16
SHOPPERS STOP	193.00	3.60
DISH TV INDIA	9.31	2.99

9:33 AM

Result Impact | Globus Spirits locked at 5% upper circuit

>> Net profit of Globus Spirits rose 161.45% to Rs 18.72 crore in the quarter ended June 2020 as against Rs 7.16 crore during the previous quarter ended June 2019.

9:32 AM

Indiabulls Housing Finance up over 2%

>> According to a report by Business Standard, Indiabulls Housing Finance is in the final stages of negotiating a deal with Oaktree to raise $200 million (Rs 1,500 crore) in debt

9:31 AM

Result Impact | IRB Infra up nearly 3%

>> Highways developer IRB Infrastructure Developers Ltd (IRB) on Monday reported a consolidated net loss of Rs 30.13 crore for the quarter ended June 30, 2020 amid the Covid-19 pandemic.

9:29 AM

Allcargo Logistics locked in 20% upper circuit on delisting proposal

9:28 AM

Block Deal :: Phoenix Mills slumps 8% as nearly 11% equity changes hands

9:25 AM

LIC Housing Finance zooms 6% on strong Q1 nos

>> LIC Housing Finance Monday announced its Q1 results in which its net profit rose 34 per cent year-on-year to Rs 817.48 crore. Net interest income grew marginally to Rs 1,221 crore while net interest margin declined to 2.32 per cent from 2.41 per cent for the same period in the previous year.

9:24 AM

Max Financial jumps over 8%

>>  The private sector lender on Monday it has reduced the size of the stake that it plans to buy in Max Life Insurance to 17 per cent from 29 per cent. Its move comes months after media reports said the deal, announced in April, ran into a regulatory roadblock over certain clauses in the agreement

9:23 AM

Sectoral trends on NSE at Open

9:21 AM

Top gainers and losers on the S&P BSE Sensex at Open

9:20 AM

Opening Bell | Nifty reclaims 11,500

9:19 AM

Opening Bell

9:10 AM

Commodity heatmap

9:07 AM

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