Monday, December 23, 2024 | 10:43 AM ISTEN Hindi

MARKET WRAP: Indices rebound, Sensex climbs 239 pts, Nifty ends at 11,672

All that happened in markets today.

SI Reporter New Delhi

Mumbai Police's Economic Offences Wing fresh notices to 300 NSEL brokers

11:09 AM

NEWS ALERT | JSW Steel's Q4 crude steel production falls 3% at 4.17 mt

11:05 AM

Nifty PSU Bank index is trading over 1% lower

10:41 AM

Infosys hits new high of Rs 774 ahead of March quarter results

Infosys shares hit a new high of Rs 774, up 1 per cent, on the BSE in early morning trade on Tuesday ahead of its January-March quarter (Q4FY19) results on Friday. The stock has surpassed its previous high of Rs 771 touched on February 8, 2019, in intra-day trade. READ MORE

10:32 AM

Chart Check: 41 Nifty F&O stocks indicate negative divergence on RSI

Technical indicator Relative Strength Index (RSI) helps to measure the momentum of the stock. The price direction is ascertained by tracking its movement. Normally, when the prices go higher, an equal amount of rise can be seen on the indicator. When it does so, the momentum seems favorable to the stock price. READ MORE

10:23 AM

Don't see much value in Indian stocks right now: Marc Faber

With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of “The Gloom, Boom & Doom Report” tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks. Foreign investors, he says, would like to Narendra Modi get re-elected. READ MORE

10:10 AM

Q4 earnings preview: Here's how different sectors are likely to perform

To understand the Q4 results, one must first understand how the broad macros for FY2019 will pan out as that will set the tone for the quarterly results. The real GDP growth is expected to be in the range of 7.1-7.2 per cent for the full year, with the fourth quarter growth being relatively lower. While average inflation at around 3.6 per cent will be positive and under the RBI benchmark of 4 per cent, the Current Account Deficit (CAD) at 2.6 per cent is likely to be a matter of concern. READ MORE

10:00 AM

Market check

9:59 AM

Stocks that hit 52-week high on BSE500

COMPANY	PRICE(rs)	52 WK HIGH	CHG(rs)	CHG(%)
ICICI LOMBARD	1063.45	1063.95	14.65	1.40
INFOSYS	769.45	773.65	2.30	0.30
MERCK	3876.00	3889.00	67.65	1.78

» More on 52 Week High

9:58 AM

Godrej Properties down 1.50%

9:57 AM

GAIL (India) slides 1.3%

9:51 AM

Panacea Biotec jumps 17% on Rs 992 crore fund infusion by Bain-Piramal fund

Shares of Panacea Biotec surged 17 per cent to Rs 213 on the BSE on Tuesday after the pharmaceutical and biotechnology company said that India Resurgence Fund (IndiaRF), a fund promoted by Piramal Enterprises and Bain Capital Credit, has invested Rs 992 crore ($144 million) in the company. READ MORE

9:49 AM

Linde India zooms 8%

9:48 AM

Jubilant Life Sciences down 2%

9:46 AM

Opening losers on S&P BSE Sensex

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
REL. COMM.	2.96	-0.15	-4.82	1481952
STERLITE TECH.	208.45	-7.50	-3.47	16267
INDIABULLS INTEG	354.00	-10.00	-2.75	1400
LAK. VILAS BANK	94.75	-2.60	-2.67	291784
PNC INFRATECH	149.00	-3.25	-2.13	81