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Sensex recovers 600 pts from day's low, ends 223 pts up; FMCG, pharma rally

All that happened in the markets today

Image SI Reporter New Delhi
stock, market, shares, investment, investors, trading, sensex, growth, technology

NSE's Nifty settled at 9,580, up 90 points or 1 per cent

9:22 AM

RIL trades under mild pressure

9:21 AM

Vodafone Idea jumps 10% on report that Google could pick stake

9:19 AM

Sectoral trends on NSE at open

9:18 AM

Sensex Heatmap at Open

9:18 AM

Opening Bell | Nifty slips below 9,400

9:17 AM

Opening Bell | Weak global cues weigh on index

9:12 AM

Q4FY20 GDP growth expectation: How bad will Covid-19 impact the economy?

While estimates vary across brokerages and economists, the common thread that runs through these estimates is the fact that the economy is headed towards a recessionary phase with some even expecting growth to contract over 5 per cent in financial year 2020-21 (FY21). READ MORE

9:05 AM

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

9:04 AM

Market at Pre-open

9:03 AM

Market at Pre-open

9:02 AM

NEWS ALERT :: Wipro appoints Thierry Delaporte as CEO and MD effective July 6, 2020

>> Co also appointed Deepak M Satwalekar as an Additional Director in the capacity of lndependent Director for a term of 5 years with effect from July 1,2020

>> Co also took note of resignation of Mrs. Arundhati Bhattacharya as an lndependent Director of the Company with effect from close of business hours of June 30, 2020
8:58 AM

Stocks to watch: RIL, Voda Idea, Wipro, Voltas, YES Bank, Cadila Healthcare

Reliance Industries (RIL): RIL's rights entitlement (RIL RE) surged 14 per cent on Thursday to end at Rs 230 on the National Stock Exchange (NSE). The RIL RE trading window closes on Friday — three working days before the close of the company’s mega rights issue.
 
Vodafone Idea: Global technology giant Google is in talks to buy a 5 per cent stake in Vodafone Idea, owned by Vodafone Plc of the UK and Aditya Birla Group. The move comes about a month after Google’s biggest rival, Facebook, picked up a 9.99 per cent stake in Reliance Industries’ (RIL’s) Jio Platforms for Rs 43,574 crore. READ MORE

8:54 AM

Gold price today: Rs 46,995 per 10 gram; silver at Rs 47,905 per kg

The gold prices today rose from Rs 46,290 to Rs 46,995 per 10 gram, while silver price was recorded at Rs 47,905 per kilogram, according to India Bullion and Jewellers Association (IBJA). READ MORE

8:51 AM

Outlook & trading strategies for Silver, crude oil by Tradebulls Securities

The Crude oil market has been extraordinarily resilient. The main reason for the rally is strict compliance by OPEC+ in cutting their production and bounce in demand due to the reopening of economies. Yesterday, Russia reported that its oil output had nearly dropped to its target of 8.5 million barrels per day for May and June under its deal with the Organization of the Petroleum Exporting Countries. READ MORE

8:48 AM

Nifty view & stock calls by Nilesh Jain of Anand Rathi

BUY HCL TECH | TARGET: Rs 575 | STOP LOSS: Rs 525
 
The stock has provided breakout from its one-month consolidation and made a big bullish candle on the daily chart. It has also breached its 200-DMA which was placed at 540. Based on the above rationale we believe the momentum is likely to continue towards 575 which is the immediate target. READ MORE

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First Published: May 29 2020 | 7:40 AM IST