MARKET WRAP: Indices end in the green but witness worst July in 17 years

Weak corporate earnings, economic slowdown and tax issues continued to weigh down investment sentiment.

11:41 AM

Market check | Sensex off lows; sees recovery

11:41 AM

Midcap index hits over 2-yr low; RBL Bank, HEG tank more than 30% in July

The Nifty MidCap index hit an over two-year low on the National Stock Exchange (NSE) on Wednesday prompted by a sharp fall in shares of financials, including non-banking finance companies (NBFCs), banks, auto ancillaries and information technology (IT) companies. At 10:11 am, the Nifty Midcap 100 index was quoting 0.42 per cent lower, as compared to a 0.4 per cent decline in the Nifty 50 index. It hit a low of 15,510 in intra-day trade today, its lowest level since January 31, 2017. READ MORE

11:35 AM

Nifty Metal index gains ground

11:28 AM

TVS Motor rises 3% in a weak market

11:15 AM

Indiabulls Real Estate cracks 8%

11:11 AM

Godrej down over 4%

11:04 AM

Cements stocks trade lower

COMPANY	LATEST(rs)	CHG(rs)	CHG(%)	VOLUME
INDIA CEMENTS	85.25	-0.50	-0.58	185797
AMBUJA CEM.	198.70	-3.35	-1.66	81192
PRISM JOHNSON	91.00	-1.50	-1.62	15867
CENTURY TEXTILES	862.75	-12.85	-1.47	12187
HEIDELBERG CEM.	186.50	-1.00	-0.53	9027

11:01 AM

Market check

11:00 AM

NEWS ALERT | ICRA places Coffee Day on rating watch with negative implications: CNBC TV18

11:00 AM

Axis Bank dips up to 7% on lower-than-expected PAT, higher provisions in Q1

Axis Bank slipped up to 7 per cent to trade at Rs 658 apiece in the morning deals on the NSE on Wednesday after the bank reported lower than expected net profit of Rs 1,370 crore in June quarter (Q1FY20), largely because of elevated provisioning. The Bank's gross non-perfforming assets (NPA) ratio in the recently concluded quarter remained sticky at 5.25 per cent, not materially different from the previous quarter level of 5.26 per cent. READ MORE

10:57 AM

Bombay Dyeing tumbles over 12%

10:54 AM

NEWS ALERT | Nifty breaches 11,000 for the first time since March 6

10:48 AM

IT stocks trade under pressure

COMPANY	LATEST(rs)	CHG(rs)	CHG(%)	VOLUME
INFOSYS	783.80	-9.00	-1.14	112364
TECH MAHINDRA	618.80	-21.50	-3.36	90708
WIPRO	261.95	-0.25	-0.10	65934
FIRSTSOUR.SOLU.	48.85	-0.25	-0.51	60053
TATA ELXSI	615.50	-4.05	-0.65	36681

10:39 AM

Can RIL slip below Rs 1,000 levels? Here's what technical charts suggest

Reliance Industries (RIL) breached the 200-day moving average (DMA) after February 2017 in trade on Wednesday. The stock is one of the strong constituents of benchmark indices that has a weightage of 8.93 per cent. It ranks second after HDFC Bank that has a weightage of 10.99 per cent in the Nifty 50. Hence, a significant move on either side has the potential of having a major impact on the benchmark indices. READ MORE

10:29 AM

Cholamandalam Financial Holding trades 4% lower