MARKET: Sensex zooms 637 pts on possible roll-back of higher tax on FPIs

All that happened in markets today

10:23 AM

Affle India makes strong debut, lists at 25% premium over issue price

Shares of Affle India made a strong debut on the bourses and were listed at Rs 930 on the BSE, a premium of 25 per cent against the issue price of Rs 745. On the National Stock Exchange (NSE), the stock opened at Rs 926, a 24 per cent increase against the issue price. Post its listing, the stock climbed up to Rs 955 on the BSE. At 10:01 am, the stock was trading at Rs 952, 28 per cent above its issue price. A combined 1.9 million shares have changed hands on the counter on the BSE and NSE. READ MORE

10:15 AM

Most active stocks by volume

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
VODAFONE IDEA	5.51	0.18	3.38	3507187
REL. COMM.	1.32	-0.06	-4.35	2915490
ICICI BANK	407.65	-0.75	-0.18	2117544
YES BANK	86.55	-0.30	-0.35	1823471
RELIANCE INFRA.	47.50	-3.05	-6.03	979470

10:03 AM

NEWS ALERT | Affle (India) lists at Rs 926 per share on NSE, up 24.3% from issue price of Rs 745

9:59 AM

Sensex gives up gains, turns flat

9:56 AM

Metal stocks trade mixed

COMPANY NAME	LATEST	HIGH	LOW	CHG (rs)	CHG(%)
JINDAL STEEL	99.80	102.25	97.80	-2.65	-2.59
TATA STEEL	371.25	378.90	366.35	-10.55	-2.76
S A I L	38.75	39.50	38.40	-0.35	-0.90
VEDANTA	136.20	137.55	134.95	-0.45	-0.33
COAL INDIA	209.10	209.10	204.85	3.00	1.46
JSW STEEL	213.20	215.15	208.95	1.10	0.52
HINDALCO INDS.	177.20	178.30	175.55	0.80	0.45

9:49 AM

Page Industries trades lower ahead of Q1 results today

9:45 AM

Nifty IT index trades higher

9:37 AM

NEWS ALERT | Affle (India) listing today. IPO price at Rs 745 per share

9:35 AM

YES Securities on M&M

The company is seeing some green shoots in the form of good monsoons,lower interest rates, some resolution of NBFC crisis, festive season and an expected pre-buy. The segment will see gyrations due to BS VI norms from April 2020 wherein inventory management will become critical. We have cut our estimates and target. Valuations appear fair at FY21E standalone P/E of 14x. We maintain our ADD rating with a 1-year price target of Rs 583.

9:35 AM

Aurobindo Pharma up 3% on 40% rise in June quarter profit

9:32 AM

Tata Steel dips 2% after falling to meet street expectations in terms of profit in June quarter

9:32 AM

Momentum picks by ICICI Securities

9:31 AM

Why you should avoid long-duration funds despite good one-year returns

The Reserve Bank of India (RBI), in its third bi-monthly monetary policy for 2019-20, reduced the repo rate by 35 basis points from 5.75 per cent to 5.40 per cent. Investors in debt funds need to recalibrate their debt fund strategy to the emerging interest-rate scenario. READ MORE

Photo: Shutterstock

9:28 AM

Siemens jumps 4% on 21% rise in consolidated net

9:26 AM

Results Impact | HCL Tech surges 4% as co maintains FY20 growth guidance