MARKET WRAP: Sensex gains 87 pts, Nifty ends at 10,850; YES Bank jumps 14%
Among sectors, Nifty Auto index slipped 0.87 per cent weighed by Ashok Leyland and Tata Motors. The Nifty Realty index was the top gainer of the day, rising 2.17 per cent led by Oberoi Realty.
 "Mumbai Police's Economic Offences Wing fresh notices to 300 NSEL brokers")
The benchmark indices snapped out of their two-session losing streak, ending a tad higher on Thursday led by a sharp rally in YES Bank.
The S&P BSE Sensex ended at 36,195, up 87 points or 0.24 per cent, while the broader Nifty50 index settled at 10,850, up 18 points or 0.17 per cent.
Among sectors, Nifty Auto index slipped 0.87 per cent weighed by Ashok Leyland and Tata Motors. The Nifty Realty index was the top gainer of the day, rising 2.17 per cent led by Oberoi Realty.
In the broader market, S&P BSE MidCap index settled at 14,860, down 23 points or 0.15 per cent, while S&P BSE SmallCap index slipped 84 points or 0.59 per cent to end at 14,225.
Buzzing Stocks
The S&P BSE Sensex ended at 36,195, up 87 points or 0.24 per cent, while the broader Nifty50 index settled at 10,850, up 18 points or 0.17 per cent.
Among sectors, Nifty Auto index slipped 0.87 per cent weighed by Ashok Leyland and Tata Motors. The Nifty Realty index was the top gainer of the day, rising 2.17 per cent led by Oberoi Realty.
In the broader market, S&P BSE MidCap index settled at 14,860, down 23 points or 0.15 per cent, while S&P BSE SmallCap index slipped 84 points or 0.59 per cent to end at 14,225.
Buzzing Stocks
Shares of YES Bank rallied 14.32 per cent to end at Rs 225.50 per share on the National Stock Exchange (NSE) after the private sector lender appointed Ravneet Gill as its new managing director (MD) and chief executive officer (CEO) with effect from from March 1, 2019. Currently, Ravneet Gill is the CEO of Deutsche Bank India.
Shares of graphite electrode manufacturers Graphite India and HEG fell up to 9 per cent on the BSE on concerns of margin pressure due to the rising cost of raw material. HEG slipped 8.26 per cent to settle at Rs 3,005, while Graphite India fell 6.94 per cent to Rs 625 on the BSE.
Global Markets
Asian shares inched up in subdued trade on Thursday after Wall Street ended higher, but political uncertainty in the United States and worries about weakening global economic growth kept many investors on the sidelines.
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 per cent, while Japan's Nikkei average eased 0.1 per cent. China's benchmark Shanghai Composite and the blue-chip CSI 300 climbed 0.5 per cent and 0.6 per cent respectively. Hong Kong's Hang Seng index rose 0.3 per cent.
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 per cent, while Japan's Nikkei average eased 0.1 per cent. China's benchmark Shanghai Composite and the blue-chip CSI 300 climbed 0.5 per cent and 0.6 per cent respectively. Hong Kong's Hang Seng index rose 0.3 per cent.
(with Reuters inputs)
3:59 PM
Sectoral gainers and losers on NSE
3:58 PM
S&P BSE Sensex: Top gainers and losers
3:33 PM
Market at close
The S&P BSE Sensex ended at 36,195, up 87 points or 0.24 per cent, while the broader Nifty50 index settled at 10,850, up 18 points or 0.17 per cent.
3:23 PM
YES Bank net profit falls 7% to Rs 1,002 crore; Ravneet Gill named MD & CEO
YES Bank on Thursday reported a 6.9 per cent YoY fall in its net profit at Rs 1,001.85 crore for third quarter (October-December) results of FY19. It had posted PAT of Rs 1,076.87 crore in the year-ago period. Sequentially, the figures grew 3.9 per cent.
Total deposits grew 29.7 per cent YoY to Rs 222,758 crores. READ MORE
3:13 PM
Stock impact: YES Bank jumps over 6% post Q3 result and MD CEO announcement
3:11 PM
NEWS ALERT YES Bank reports Q3 net profit at Rs 1,001.85 crores vs Rs 1076.87 crores year ago
3:09 PM
NEWS ALERT YES Bank announces Ravneet Gill as MD & CEO with effect from March 1
2:55 PM
Web Exclusive Commodity outlook: Short-term indicators favour bullish mkt for edible oils
Markets have been firm due to positive cues from key soybean contracts on the Chicago Board of Trade. Soybean futures on the Chicago bourse rose due to concerns about a smaller crop in Brazil, the world's second-largest producer, following a spell of dry weather. Soyoil futures on NCDEX, too, rose in line with those of crude palm oil. Prices of soyoil and crude palm oil typically move in tandem because they are used as substitutes for each other. Chinese demand for palm oil, which solidifies in cold weather, tends to rise towards mid-year as the weather warms. Leading analysts forecast at the conference in Kuala Lumpur that palm prices would rise in the coming months, as production and stocks fall in line with a seasonal trend. Read more
Markets have been firm due to positive cues from key soybean contracts on the Chicago Board of Trade. Soybean futures on the Chicago bourse rose due to concerns about a smaller crop in Brazil, the world's second-largest producer, following a spell of dry weather. Soyoil futures on NCDEX, too, rose in line with those of crude palm oil. Prices of soyoil and crude palm oil typically move in tandem because they are used as substitutes for each other. Chinese demand for palm oil, which solidifies in cold weather, tends to rise towards mid-year as the weather warms. Leading analysts forecast at the conference in Kuala Lumpur that palm prices would rise in the coming months, as production and stocks fall in line with a seasonal trend. Read more
2:41 PM
Top gainers and losers on S&P BSE Sensex
2:26 PM
Web Exclusive How to trade Oberoi Realty, Godrej Properties and Brigade Enterprises
The Nifty Realty index outperformed the benchmark indices Sensex and Nifty on Thursday, surging as much as 2.30 per cent to 240.80.
Here's a look at how the index and select realty stocks look on technical charts -
Nifty Realty index: The recent formations on the daily chart shows consolidation in the range of 243 – 230 levels. The overall trend suggests positive bias as the index trades in a rising trend. The upper falling trend line indicates resistance at 241.50 levels on the closing basis. A strong close above the same, may further strengthen the upside rally equipped with follow-up buying, chart suggests. Read more
2:11 PM
Market check
| Index | Current | Pt. Change | % Change |
| S&P BSE SENSEX | 36,137.30 | +28.83 | +0.08 |
| S&P BSE SENSEX 50 | 11,342.35 | +8.58 | +0.08 |
| S&P BSE SENSEX Next 50 | 31,921.79 | -233.57 | -0.73 |
| S&P BSE 100 | 11,088.10 | -4.02 | -0.04 |
| S&P BSE Bharat 22 Index | 3,366.63 | +2.97 | +0.09 |
1:55 PM
EARNINGS IMPACT
1:54 PM
NEWS ALERT UltraTech Cements Q3 standalone net profit at Rs 449.06 crores vs Rs 421.47 crores year ago
1:50 PM
Stocks that touched 52-week low on BSE500
» More on 52 Week Low
| COMPANY | PRICE() | 52 WK LOW | CHG() | CHG(%) |
| ADVANCE. ENZYME. | 158.65 | 157.50 | -4.60 | -2.82 |
| ASHOK LEYLAND | 85.55 | 85.55 | -3.55 | -3.98 |
| BALKRISHNA INDS | 849.70 | 845.20 | -13.75 | -1.59 |
| BASF INDIA | 1425.00 | 1413.35 | -43.20 | -2.94 |
| COAL INDIA | 224.25 | 223.05 | -1.75 | -0.77 |
1:39 PM
Graphite electrode makers under pressure; Graphite India, HEG fall upto 9%
Shares of graphite electrode (GE) manufacturers Graphite India and HEG were trading under pressure, falling by up to 9 per cent on the BSE on concerns of margin pressure due to the rising cost of raw material. HEG has plunged 9 per cent to Rs 2,986, hitting its lowest level since June 6, 2018, while Graphite India slipped 7 per cent to Rs 626, hitting a nine-month low on the BSE in intra-day trade. HEG plunged 40 per cent from its all-time high level of Rs 4,950 hit on October 16, 2018. Graphite India was trading at its lowest level since April 19, 2018, slipping 34 per cent in past two months. Read more
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First Published: Jan 24 2019 | 8:04 AM IST
