F&O expiry: Sensex pares gains, ends 77 pts higher; YES Bank advances 24%

All that happened in markets today.

9:21 AM

RESULTS IMPACT | JK Tyre jumps 12% post Q2 nos

9:20 AM

Sectoral gainers and losers on the NSE

9:20 AM

Top gainers and losers on the S&P BSE Sensex

9:18 AM

OPENING DEALS

At 09:17 am, the S&P BSE Sensex was trading 173 points or 0.43 per cent higher at 40,225 levels while NSE's Nifty50 index was trading at 11,892, up 48 points or 0.41 per cent. 

9:09 AM

NEWS ALERT | China's factory activity shrinks for sixth month to 49.3: Reuters

-- Factory activity in China shrank for the sixth straight month in October and by more than expected, pointing to further pressure on its manufacturers as they grapple with the weakest economic growth in nearly 30 years.

-- The Purchasing Managers’ Index (PMI) fell to 49.3 in October, China’s National Bureau of Statistics said on Thursday, versus 49.8 in September. The 50-point mark separates growth from contraction on a monthly basis.

9:07 AM

NEWS ALERT | Bank of Japan keeps interest rate steady

-- Bank Of Japan modifies forward guidance on interest rates to signal future chance of rate cuts

9:03 AM

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

9:03 AM

Market at Pre-open

9:02 AM

Market at Pre-open

9:02 AM

Rupee Opening Alert

Rupee opens higher at 70.77/$ vs Wednesday's close of Rs 70.89/$

9:00 AM

CARE downgrades rating on Vodafone Idea's loans in view of SC's AGR verdict

Rating agency CARE has downgraded its rating on Vodafone Idea Ltd’s long-term loans and debentures from “A” to “A-” and also paced the rating under watch with negative implications.

 

The revision in long-term ratings factors in the Supreme Court’s (SC’s) recent ruling that telecom players have to include non-core revenues in their adjusted gross revenue (AGR) to calculate their license fee dues. Based on the court order, the Department of Telecommunications (DoT) can now raise its demand from Vodafone Idea to Rs 28,309 crore. READ MORE HERE

8:55 AM

Bundled packs keep Airtel's Q2 ARPU stable, but AGR overhang on share price

Bharti Airtel posted better-than-expected operational numbers for the quarter ended September. While the full details of its results are not available, its per-user metrics, subscriber base, and churn have improved over the previous quarter.

 

In a seasonally weak quarter, the telco reported average revenue per user (ARPU) of Rs 128, down 0.78 per cent on a sequential basis. READ MORE

8:51 AM

Stocks to watch: Bharti Airtel, Voda-Idea, IOCL, Concor, HDFC, Bandhan Bank

Here's a list of stocks that may remain in focus today.

 

Bharti Airtel: Fitch Ratings has placed Bharti Airtel Ltd on 'rating watch negative' over unpaid regulatory dues arising from a recent Supreme Court ruling.

 

Vodafone-Idea: CARE downgrades rating on Vodafone Idea's NCDs, long-term bank facilities.

 

HDFC Ltd has acquired 9.89 per cent stake in Bandhan Bank as part of scheme of merger. As many as 15.93 crore shares of the bank was transferred to HDFC Ltd, Bandhan Bank said in a regulatory filing. READ MORE

8:45 AM

Firms crack the Diwali code: Double-digit growth in consumer goods sales

Diwali has brought much-needed sparkle to companies and retailers in an otherwise weak festival season.

 

The crucial Dhanteras to Bhai Dooj period — stretching from Friday to Tuesday — saw automobile retail sales increase by high double digits, while consumer durable sales grew 6-8 per cent over last year, led by metro markets and large-format stores. READ MORE

8:40 AM

Share of retail assets in equity mutual funds fell to 52% in Sep quarter

In Q2, the share dipped to 52 per cent from 55 per cent in the June 2019 quarter. Industry observers said retail investors, who had made allocations to mid- and small-cap funds between 2016 and 2017 on the expectation of a broader market rally, are now looking at opportunities to exit. READ MORE HERE