F&O Expiry: Sensex, Nifty end lower; Tata Motors dips 5% ahead of Q1 nos

The BSE Sensex closed at 37,831 level, down 17 points, or 0.04%. The broader Nifty50, too, shed 19 points, or 0.17%, to settle at 11,252 levels.

8:37 AM

IndiGo promoters Bhatia, Gangwal reach compromise as Chairman brokers peace

An uneasy truce has been brokered between the promoters of the country’s largest Indian airline, IndiGo. Rahul Bhatia and Rakesh Gangwal, who together hold a 75 per cent stake in the company, have agreed on a board structure that gives higher representation to Bhatia’s InterGlobe Enterprises (IGE). However, the board has agreed to strengthen the policy on related-party transactions, as demanded by Gangwal. READ MORE

Illustration by Ajay Mohanty

8:36 AM

Stock market bears drag down India's billionaire club to 3-year low of 71

Stock market bears are pushing many of India’s top promoters out of the billionaires’ club. After growing steadily for five years, the list of billionaire promoters is shrinking, with the stock prices of a number of top listed companies declining sharply over the past 16 months. The count of such promoters is now down to 71 from an all-time high of 90 at the end of March 2018, and 81 in March this year. READ MORE

8:27 AM

Bulk deals on NSE as on Wednesday

Date	Symbol	Security Name	Client Name	Buy / Sell	Quantity Traded	Trade Price / Wght. Avg.  Price	Remarks
24-Jul-2019	DHFL	Dewan Housing Fin Corp	ADROIT FINANCIAL SERVICES PVT LTD	BUY	20,17,362	58.10	-
24-Jul-2019	DHFL	Dewan Housing Fin Corp	ADROIT FINANCIAL SERVICES PVT LTD	SELL	20,07,640	58.16	-
24-Jul-2019	DHFL	Dewan Housing Fin Corp	ALPHAGREP SECURITIES PRIVATE LIMITED	BUY	29,54,256	58.63	-
24-Jul-2019	DHFL	Dewan Housing Fin Corp	ALPHAGREP SECURITIES PRIVATE LIMITED	SELL	29,52,862	58.67	-
24-Jul-2019	DHFL	Dewan Housing Fin Corp	TOWER RESEARCH CAPITAL MARKETS INDIA PRIVATE LIMITED	BUY	68,96,368	59.03	-
24-Jul-2019	DHFL	Dewan Housing Fin Corp	TOWER RESEARCH CAPITAL MARKETS INDIA PRIVATE LIMITED	SELL	68,96,368	59.10	-
24-Jul-2019	KEERTI	Keerti Know & Skill Ltd.	DAYAL TAHILRAM PARWANI	SELL	56,000	78.75	-
24-Jul-2019	PCJEWELLER	PC Jeweller Ltd	TOWER RESEARCH CAPITAL MARKETS INDIA PRIVATE LIMITED	BUY	25,50,744	39.16	-
24-Jul-2019	PCJEWELLER	PC Jeweller Ltd	TOWER RESEARCH CAPITAL MARKETS INDIA PRIVATE LIMITED	SELL	25,50,744	39.23	-
24-Jul-2019	RELCAPITAL	Reliance Capital Limited	TOWER RESEARCH CAPITAL MARKETS INDIA PRIVATE LIMITED	BUY	39,33,700	52.21	-

8:26 AM

FII/FPI & DII trading activity on NSE, BSE and MSEI

8:25 AM

Rupee check

The Indian rupee on Wednesday furthered its weakening trend for a third session in a row on July 24, edging lower by 4 paise to 68.98 against the US dollar as foreign fund outflows and higher crude oil prices weighed on sentiment.

8:24 AM

Oil check

At 08:01 am, Brent Crude Futures were at $63.37 per barrel, up 0.3 per cent from their last close.

8:23 AM

SGX Nifty

At 8:22 am, the Singaporean Exchange for Nifty Futures was at 11,228 levels, up 16 points, indicating a flat start for domestic indices.

8:22 AM

Asian Markets check

8:21 AM

US Market check

7:30 AM

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