MARKETS ON THURSDAY: Indices end higher; Sensex up 211 pts, YES Bank up 10%

Benchmark indices were higher on Thursday as investors cheered YES Bank results

9:21 AM

Sectoral Trend

9:20 AM

Top Sensex gainers and losers 

9:16 AM

Markets at Open

At 9:16 am, the S&P BSE Sensex was trading at 34,527 up 26 points while the broader Nifty50 index ws ruling at 10,577, up 6 points

9:02 AM

Markets at pre-open

Index	Current	Pt. Change	% Change
S&P BSE SENSEX	34,530.36	+29.09	+0.08
S&P BSE SENSEX 50	11,064.70	+9.78	+0.09
S&P BSE SENSEX Next 50	34,447.89	-0.68	0.00
S&P BSE 100	10,980.69	+8.03	+0.07
S&P BSE Bharat 22 Index	3,528.88	+2.48	+0.07

(Source: BSE)

8:54 AM

Wipro Q4 misses estimates on lower revenue, posts Rs 18 bn net profit

Wipro, India's third-largest IT services company, posted slower revenue growth in 2017-18. The weak revenue growth guidance for the April-June quarter of 2018-19 raised concerns if the company would be able to maintain its growth in this financial year.

 

The company posted a drop in its net profit with a marginal slide in its revenue growth for the fourth quarter of 2017-18, as slowdown in communication vertical coupled with insolvency of two of its clients dragged its performance. READ MORE

8:51 AM

Top trading ideas for today's trade: Buy Bajaj Finserv, Sell India Cements

Stock: BAJAJ FINSERV

Reco.: Buy

CMP: Rs 5,434

 

Fresh breakout from the 6 months consolidation indicates the ongoing secular upmove to remain intact. The continuation pattern on the daily scale indicates an initial target upto 5940, trading longs could be participated with a stop below 5300. READ MORE

8:46 AM

Today's picks: From M&M to Tata Steel, hot stocks to watch on Thursday

Mahindra & Mahindra

Current price: Rs 854

Target price: Rs 870

 

Keep a stop at Rs 847 and go long. Add to the position between Rs 863 and Rs 666. Book profits at Rs 870. READ MORE

8:44 AM

Nifty outlook and top trading ideas from Prabhudas Lilladher for today

The daily trend turns down in Nifty after 20 days with 10,630 holding as a crucial resistance level. The market is unable to move past 10,630 with 3 attempts. The support for the day is seen at 10,500 while resistance is seen at 10,620. READ MORE

8:38 AM

Markets on Wednesday

 

S&P BSE Sensex	34,501.27		-0.33%
Nifty 50	10,570.55		-0.41%
S&P BSE 200	4,645.72		-0.41%
Nifty 500	9,349.95		-0.43%
S&P BSE Mid-Cap	16,788.55		-0.52%
S&P BSE Small-Cap	18,118.62		-0.72%

8:36 AM

SGX Nifty

The SGX Nifty was at 10,550.50, down 0.16 per cent from the previous close.

8:35 AM

Wall Street

The Dow rose 0.25 per cent overnight, ending a five-day losing streak, and the S&P 500 gained 0.18 per cent on optimism over a spate of upbeat earnings that managed to offset jitters over rising US bond yields.

8:34 AM

Asian Markets

Asian stocks rose on Thursday as robust corporate earnings helped Wall Street quell concerns about the surge in US bond yields, while the dollar hovered near 3-1/2 month highs against a basket of currencies.

 

South Korea’s KOSPI climbed 1.2 per cent, with tech shares buoyed after Samsung Electronics posted a record quarterly profit. Australian stocks edged up 0.2 per cent and Japan’s Nikkei rose 0.7 per cent. Shanghai bucked the trend and slipped 0.3 per cent.

8:32 AM

Good Morning!

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