MARKET WRAP: Sensex tanks 491 pts, ends below 39k at 1-month closing low

All that happened in the markets today

12:05 PM

MARKET CHECK

11:57 AM

NEWS ALERT | Varun Beverages board approves bonus issue in ratio of 1:2

11:56 AM

Auto stocks trade under pressure

COMPANY	LATEST(RS)	CHG(RS)	CHG(%)	VOLUME
ASHOK LEYLAND	85.30	-2.35	-2.68	488542
TATA MOTORS	160.75	-3.35	-2.04	368942
TATA MOTORS-DVR	78.05	-2.45	-3.04	152442
ESCORTS	547.45	-13.00	-2.32	53877
MARUTI SUZUKI	6663.95	-67.80	-1.01	20703

11:53 AM

Jet Airways slips for eleventh straight session, down 16% on BSE

Shares of Jet Airways (India) continued to reel under pressure for the eleventh straight session to hit fresh lows during the intra-day trade on Monday. The stock was down 16 per cent to Rs 68.65 apiece on the BSE ahead of the lenders' meeting later in the day to decide rescue plan for the cash-strapped airline. The stock has tanked 53 per cent thus far in June, as compared to 1 per cent decline in the S&P BSE Sensex. READ MORE

11:44 AM

NEWS ALERT | Airtel Africa sets IPO price at 80-100 pence; company to raise up to 595 mn pounds: CNBC TV18

11:30 AM

Piramal sells entire stake in Shriram Transport for Rs 1,000-1,015 a share

Piramal Enterprise Ltd (PEL) has sold its entire 9.96 per cent stake in Shriram Transport Finance (STFC), the NBFC arm of Chennai-based Shriram Group. PEL has been looking to exit from the Shriram group of companies, including STFCS, Shriram City Union and Shriram Capital. Sources said Piramal has just started the exit process after STFC, it will sell stake in SCUF and Shriram Capital. READ MORE

11:23 AM

Stocks that hit 52-week low on S&P BSE Sensex

COMPANY	PRICE(rs)	52 WK LOW	CHG(rs)	CHG(%)
BAYER CROP SCI.	3459.45	3459.45	-55.30	-1.57
BIOCON	247.15	245.10	-1.75	-0.70
BOMBAY BURMAH	1080.05	1078.20	-26.60	-2.40
CENTRAL BANK	22.90	22.50	0.10	0.44
CENTRUM CAPITAL	26.20	26.20	-0.80	-2.96

11:23 AM

Stocks that hit 52-week low on S&P BSE Sensex

COMPANY	PRICE(rs)	52 WK LOW	CHG(rs)	CHG(%)
BAYER CROP SCI.	3459.45	3459.45	-55.30	-1.57
BIOCON	247.15	245.10	-1.75	-0.70
BOMBAY BURMAH	1080.05	1078.20	-26.60	-2.40
CENTRAL BANK	22.90	22.50	0.10	0.44
CENTRUM CAPITAL	26.20	26.20	-0.80	-2.96

11:12 AM

Adani Power is trading 3.9% lower

11:03 AM

NDTV tanks 8% after Sebi bars Prannoy, Radhika Roy from securities market

Shares of New Delhi Television (NDTV) skid 8 per cent to Rs 32.10 during the early morning trade on the BSE on Monday, after markets regulator the Securities and Exchange Board of India (Sebi) banned the group chairman Prannoy Roy and director Radhika Roy from assessing the capital market for two years. The stock of broadcasting & cable TV operator was trading close to its 52-week low of Rs 31.05 touched on July 24, 2018 on the BSE in intra-day trade. READ MORE

11:00 AM

NEWS ALERT | Lenders' consortium in favour of referring Jet Airways to NCLT: Sources to BTVi

10:53 AM

Shriram Transport slides 8% after Piramal Enterprises sells entire stake

Shriram Transport Finance Company shares dipped 8 per cent to Rs 1,000 in morning deal on the National Stock Exchange (NSE) on Monday after Piramal Enterprises sold its entire 9.96 per cent stake in the company through open market. "Piramal Enterprises sold 9.96 per cent or 22.6 million equity shares of Shriram Transport Finance Company to third party investors on the floor of the stock exchange," Piramal Enterprises said in a regulatory filing. READ MORE

Illustration by Ajay Mohanty

10:50 AM

Prabhudas Lilladher on Maruti

10:44 AM

NEWS ALERT | Will do everything to take opposition on-board in all the discussions: PM Narendra Modi ahead of 17th Lok Sabha

- He said, democracy gets stronger if the Parliament functions properly.. Fruitful debate is need of the hour. The country will have eyes on the new Parliamentarians, expect their active participation.

10:40 AM

Eros Media continues slide, slips 5%