MARKET WRAP: Financials lift indices, Sensex gains 409 pts; TCS ends flat

All that happened in the markets today

9:04 AM

Markets at Pre-open

8:58 AM

PM Modi to deliver inaugural address at India Global Week 2020 today

8:55 AM

Stocks to watch: TCS, ICICI Bank, SBI, Can Fin Homes, South Indian Bank

TCS: The IT major is scheduled to announce its June quarter results later in the day. The company, according to analysts, may post up to 7 per cent decline in revenue in constant currency (CC) terms on a sequential basis owing to anticipated pressure in travel, transportation, energy, retail, and manufacturing segments due to the ongoing Covid-19 crisis. 

 

ICICI Bank: Private sector lender ICICI Bank plans to raise upto Rs 15,000 crore to support business growth and create a buffer to absorb any shocks from economic disruption caused by the Covid-19 pandemic. READ MORE

8:52 AM

NEWS ALERT :: Economy to improve as pandemic impact subsides, says BoJ guv

>> Bank of Japan Governor Haruhiko Kuroda said on Thursday the economy will remain in a severe state but improve ahead as the impact from the coronavirus pandemic subsides.

>> “Japan’s economy is expected to improve as the impact of the pandemic subsides, supported by pent-up demand ... an accommodative monetary environment and the government’s stimulus package,” Kuroda said in a speech at a quarterly meeting of the central bank’s regional branch managers.

(As reported by Reuters)

8:47 AM

NEWS ALERT :: Torrent Pharma gets US FDA nod anti-bacterial drug Erythromycin

8:44 AM

NEWS ALERT :: Unichem Lab gets US FDA nod for Cyclobenzaprine Hydrochloride

>> Unichem Lab gets US FDA nod for Cyclobenzaprine Hydrochloride (5-10 Mg) which is used to treat muscle spasms

8:41 AM

NEWS ALERT :: Aurobindo Pharma gets US FDA nod for Verapamil Hydrochloride

>> Verapamil is used for treatment of high blood pressure.

>> It may also be used for the prevention of migraines and cluster headaches

8:35 AM

Bulk deals on BSE as on Wednesday

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8:31 AM

Bulk deals on NSE as on Wednesday

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8:26 AM

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

8:22 AM

Rupee check

Source: Bloomberg

8:20 AM

Oil eases as coronavirus fears offset gasoline recovery signs

>> Oil prices drifted lower on Thursday as concerns about renewed Covid-19 lockdowns in the United States outweighed signs of a recovery in US gasoline demand.

>> US West Texas Intermediate (WTI) crude futures fell 14 cents, or 0.3%, to $40.76 a barrel, after rising 0.7% on Wednesday.

 

>> Brent crude futures slipped 7 cents, or 0.2%, to $43.22, after gaining 0.5% on Wednesday.

(Source: Reuters)

8:17 AM

SGX Nifty hints at green start

>> At 8:16 am, the index was at 10,717 level, up 33 points or 0.31 per cent. 

8:15 AM

Asian stocks set to rise as focus swings to recovery prospects

Source: Reuters

8:12 AM

Nasdaq ends at record high as Wall Street rises with tech shares

Source: Reuters