Sensex, Nifty end marginally lower on F&O expiry day; realty, auto gain

All that happened in the markets today

11:22 AM

SBI nears record high on fundraising plan; stock rises 7% in six days

State Bank of India (SBI) shares were trading 1 per cent higher at Rs 362 on the BSE, after the state-owned lender said its board will consider raising capital additional tier-1 capital. The stock was trading close to its all-time high of Rs 364 touched on May 23, 2019 in intra-day trade. The meeting of the bank's central board is scheduled to be held on Monday, July 1, to consider raising capital via Basel-III compliant debt instruments during the financial year 2020. READ MORE

11:16 AM

Tariff hike is unacceptable, must be withdrawn: Donald Trump to India

US President Donald Trump on Thursday asked India to withdraw retaliatory tariffs that New Delhi imposed this month, calling the duties "unacceptable".

 

India slapped higher tariffs on 28 US products following Washington's withdrawal this month of key trade privileges for New Delhi. READ MORE

11:05 AM

NEWS ALERT | L&T Hydrocarbon bags orders in range of Rs 2,500-Rs 5,000 from ONGC

10:57 AM

Reliance Infra dips 7%

10:49 AM

Sugar stocks rally

COMPANY NAME	LATEST	HIGH	LOW	CHG (rs)	CHG(%)
BAJAJ HINDUSTHAN	7.76	7.86	7.70	0.31	4.16
TRIVEN.ENGG.IND.	68.60	69.60	67.50	4.20	6.52
BALRAMPUR CHINI	140.15	140.95	136.45	5.75	4.28
DWARIKESH SUGAR	26.35	26.85	26.25	0.60	2.33
DHAMPUR SUGAR	191.70	193.35	188.95	6.80	3.68
KCP SUGAR &INDS.	15.20	15.50	15.00	0.75	5.19
RANA SUGARS	2.85	2.86	2.78	0.10	3.64
UGAR SUGAR WORKS	14.70	15.00	14.25	0.75	5.38
DALMIA BHARAT	108.60	109.50	106.80	5.80	5.64
MAWANA SUGARS	46.90	47.80	46.15	3.05	6.96

10:41 AM

NEWS ALERT | Power Ministry working towards reviving gas-based power projects: sources to CNBC TV18

- Power Ministry preparing a cabinet note for the same

- Ministry feels current market price favours power projects

- May seek 50% discount on pipeline charges from GAIL

- May seek VAT waiver from states

10:33 AM

Cox & Kings hits lower circuit for 2nd straight day, tanks 57% in a month

Shares of Cox & Kings were locked in lower circuit for the second straight day, down 10 per cent at Rs 40 after Brickwork Ratings downgraded credit rating of the company's non convertible debenture issue which highlighted delays in debt reduction and increase in receivables. The rating agency retained its commercial paper rating. READ MORE

10:29 AM

Fund raising via IPOs in first half of 2019 at four-year low

In H1CY19, eight companies, including the recent offering by IndiaMART Intermesh, raised a cumulative Rs 5,509 crore through IPOs. This is the lowest amount raised in the last four years, the last low being in 2015, when an equal number of companies had raised Rs 3,849 crore via the IPO route. On a corresponding period basis, as many as 18 companies had mobilised Rs 23,452 crore from the primarily market. READ MORE

10:08 AM

Sensex gains over 100 pts

9:56 AM

CreditAccess gains 8% on completion of direct assignment of Rs 139 crore

Shares of CreditAccess Grameen (CAGL) has surged 8 per cent to Rs 562 on the BSE on Thursday in early morning trade after the company completed a direct assignment of Rs 139 crore on June 26. However, on the National Stock Exchange (NSE), the stock rallied 15 per cent to Rs 599, also its all-time high, in early morning trade. READ MORE

Illustration by Ajay Mohanty

9:56 AM

PSU Banks see sudden slide, index down 0.11%

9:55 AM

NEWS ALERT | China's industrial profits rise 1.1% in May: Reuters

- Profits rose 1.1% in May YoY to $82.21 billion

- It registered a 3.7% fall in April

- The uptick in May was driven by quicker sales and slower increases in corporate costs

9:52 AM

Nifty Realty index is the top performing index on Nifty during morning deals

9:51 AM

Sugar stocks trading higher

COMPANY NAME	LATEST	HIGH	LOW	CHG (rs)	CHG(%)	VALUE (rs CR)	VOLUME
TRIVEN.ENGG.IND.	68.65	69.60	67.50	4.25	6.60	0.36	52385
BAJAJ HINDUSTHAN	7.75	7.81	7.70	0.30	4.03	0.04	50948
BALRAMPUR CHINI	140.05	140.40	136.45	5.65	4.20	0.48	34580
DWARIKESH SUGAR	26.50	26.85	26.45	0.75	2.91	0.07	25432
UGAR SUGAR WORKS	14.55	15.00	14.25	0.60	4.30	0.02	16350
DHAMPUR SUGAR	190.50	191.40	188.95	5.60	3.03	0.29	15459

9:48 AM

Stock Alert | Cox & Kings down 75% this year

- Scrip trading 32% lower this week, and 56% lower this month