Nifty ends lower but manages to hold 10,000-mark; all indices settle in red

Catch all that happened in the market here

1:23 PM

Only Nifty FMCG and Nifty Realty gained among sectoral indices. Nifty PSU Bank index fell the most followed by Nifty Metal, Nifty Pvt Bank and Nifty Bank indices

1:02 PM

Rupee at 2-year high of 63.60

 

Abhishek Goenka, CEO, IFA Global explains why it surged and what's next. CLICK HERE

12:53 PM

Reliance Industries (RIL), Hindustan Petroleum Corporation (HPCL), Edelweiss Financial Services, Motherson Sumi Systems, Magma Fincorp and Caplin Point Laboratories are among nine stocks from the S&P BSE 500 index that hit their respective new highs on BSE in intra-day trade on Thursday. CLICK HERE FOR MORE

12:40 PM

Auto stocks rally up to 16% in July

 

Auto and auto ancillary stocks have caught investor's attention offlate, with the Nifty Auto index ruling at its all-time high levels. The optimism is partly on account of healthy sales in July, allaying concerns over a likely fall in demand due to transition to the GST regime. CLICK HERE FOR FULL REPORT 

12:38 PM

Markets check

At 12:30 pm, the Sensex was trading at 32,346, down 129 points, while the broader Nifty50 was ruling at 10,047, down 34 points. 

11:16 AM

Indian Oil, HPCL, BPCL gain on report of kerosene subsidy removal

 

Shares of state-owned oil refiners rallied up to 5% on BSE in intra-day trade on report that the government will end subsidy on kerosene. READ MORE HERE

10:51 AM

Services PMI at lowest since Sept 2013

 

India July Nikkei Services PMI comes in at 45.9 versus 53.1 in June. A reading below 50 indicates contraction. CLCIK HERE FOR FULL STORY

10:22 AM

Markets check

 

At 10:20 am, the Sensex was trading at 32,311, down 165 points, while the broader Nifty50 was ruling at 10,034, down 47 points. 

10:12 AM

Earnings impact

Bata India hit its 52-week high of Rs 611, up 5% on BSE in early morning trade, after the company reported a 20% year-on-year growth in net profit at Rs 60.4 crore in June quarter (Q1FY18). CLICK HERE FOR MORE

9:40 AM

RBI's 25 bps rate cut has little to cheer the market

 

Most experts say a 25 bps cut was already priced-in as the overall fundamentals looked in favour of low interest rate regime. Therefore for equities, a 50 bps repo rate cut may have been more substantive to take home. CLICK HERE FOR FULL REPORT

9:28 AM

Banking stocks were the top laggards. All constituents on Nifty Bank were trading in red. 

Source: NSE

9:25 AM

Sectoral trend

Source: NSE

9:22 AM

Top sensex gainers and losers

Source: BSE

9:20 AM

In the broader market, the BSE Midcap and the BSE Smallcap indices were trading flat. 

9:19 AM

Markets at open

At 9:18 am, the Sensex was trading at 32,434, down 42 points, while the broader Nifty50 was ruling at 10,068, down 13 points.