MARKET WRAP: Sensex slips 167 pts, Nifty ends at 10,981; YES Bank loses 5%

All that happened in markets today.

1:48 PM

MARKET CHECK | 13 securities hit 52-week high on NSE

Source: NSE

1:46 PM

Edelweiss Securities on ACC

We expect pan-India player ACC to be a prime beneficiary of the positive industry fundamentals – high industry clinker utilisation, bright demand outlook over medium term and benign fuel cost. We continue to value the stock at 12x CY20E EV/EBITDA and maintain ‘BUY/SP’ with a TP of Rs 1,846/share. The stock is trading at 9.4x CY20E EV/EBITDA.

1:34 PM

InterGlobe Aviation and SpiceJet are ready to fly higher, show charts

At a time when the benchmark indices -- S&P BSE Sensex and NSE's Nifty50 -- are hovering around 37,200 and 11,000 levels and have remained mostly flat thus fgar in September, aviation stocks such as InterGlobe Aviation (parent company of IndiGo) and SpiceJet are showing a decent formation on the technical charts. While InterGlobe Aviation is heading towards a new all time high, SpiceJet has managed to absorb selling pressure at around Rs 150 levels from April this year. READ MORE

1:29 PM

IRB Infra up 5%

1:21 PM

After strong gains the past 4 months, some headwinds for Nestle stock

Shares of Nestle India, have been in demand among investors, having risen by about 25 per cent in the past four months. In contrast, the Nifty 50 and Nifty FMCG indices has lost about two per cent each in the same period. Double-digit volume-led topline growth in the June 2019 quarter, even as most of its FMCG peers saw their volumes decline, and recent inclusion of the stock in the Nifty 50 index, turned investors bullish on the maker of Maggi noodles, Nescafe and Kit Kat chocolates. READ MORE

1:08 PM

Indiabulls Housing Finance up over 5%

1:04 PM

NEWS ALERT | L&T Construction bags orders of Rs 1,000 cr- Rs 2,500 cr in Maharashtra and Odisha: Exchange filing

12:57 PM

Emami zooms 4%

12:46 PM

BUZZING STOCK:: Dishman Carbogen Amcis

12:34 PM

Earnings pressure to persist even in September quarter, says Gautam Duggad

The June quarter performance of India Inc was subdued with majority of the companies seeing their earnings getting downgraded, said Gautam Duggad, head of research, institutional equities, Motilal Oswal Financial Services. Given the macro economic backdrop, corporate earnings will remain under pressure in the September quarter as well, Duggad tells Sundar Sethuraman. READ MORE

12:24 PM

InterGlobe Aviation at fresh all-time high

12:10 PM

YES Bank cracks 4%

11:58 AM

Nifty sectoral indices at this hour

11:48 AM

Tide is turning for mid, smallcaps. Buy selectively for long-term: Analysts

The tide seems to be slowly turning for the mid-and small-cap segments. After a sharp correction post the presentation of Budget in July 2019 that dragged the S&P BSE Midcap and S&P BSE Smallcap indices lower by 9.8 per cent and 12.6 per cent, respectively till August 30 (S&P BSE Sensex down 6.5 per cent during this period), the sentiment in both these segments has started to pick up in September. READ MORE

11:40 AM

Rupee check