Sensex, Nifty end lower after last hour selloff; India VIX climbs 5%

All that happened in the markets today

9:50 AM

Nestle India rises 2.5% after reporting 9.25% increase in Q4 profit

9:49 AM

YES Bank on Capacite Infraprojects

Going forward, with the large order book in hand and with the liquidity issues in the system, Capacite Infraprojects is likely to be very selective in bagging new order. The margins are likely to normalise in coming quarters as new projects gain momentum. We expect Capacite Infraprojects to clock topline and PAT CAGR of 21% and 28% respectively over FY19-21E with operating margin at nearly 15%. We maintain BUY rating on the stock for target price of Rs 305.

9:47 AM

Opening losers on S&P BSE Sensex

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
TTK PRESTIGE	7423.25	-783.20	-9.54	376
UNION BANK (I)	74.65	-4.60	-5.80	375386
DELTA CORP	190.25	-11.25	-5.58	249541
JET AIRWAYS	122.75	-6.35	-4.92	450770
REL. COMM.	2.04	-0.10	-4.67	2058814

9:46 AM

HCL Tech climbs 1.5%

9:43 AM

Endurance Tech rises after reporting almost 28% growth in Q4 net profit

9:42 AM

ICICI Securities on Vodafone Idea

The Vodafone-Idea combine is the weakest of the remaining three players in the telecom segment, notwithstanding recent fund raising, which will only provide temporary relief for four to six quarters. We reiterate that market repair remains key for survival. Recent net sub loss (reflection of weak sub quality) and post-paid customer net loss clearly reflects the relative weak position. We now incorporate the recent fund raise led dilution, IUC (interconnect usage charges) cut impact (from Q4FY20) in our estimates. We downgrade the stock to REDUCE with DCF (discounted cash flow) based target price of Rs 12/share. 

9:42 AM

DHFL dips almost 3.6%

9:40 AM

Most active stocks by volume

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
REL. COMM.	2.04	-0.10	-4.67	2058814
SPICEJET	131.85	9.95	8.16	2021975
YES BANK	152.70	-3.45	-2.21	840070
VODAFONE IDEA	13.55	-0.45	-3.21	674982
JET AIRWAYS	122.75	-6.35	-4.92	450770

9:35 AM

Jet Airways tanks 20% in 3 days, nears record low as top executives resign

Jet Airways (India) shares slipped 6 per cent to Rs 121 on Wednesday, falling 20 per cent in past three days on the BSE after top executives of the cash-strapped airline resigned with immediate effect. The stock was trading close to its all-time low of Rs 115 touched on March 12, 2009, on the BSE in intra-day trade. READ MORE

9:30 AM

Ashok Leyland trades higher

9:30 AM

Zee Media slips 6.1% after reporting 73% PAT decline in Q4

9:29 AM

Union Bank down over 5%

9:27 AM

Pidilite Industries trades lower after Q4 results

9:26 AM

Jet Airways tumbles almost 6% after top executives resign

9:25 AM

YES Bank dips over 2 per cent after RBI appoints R Gandhi to the bank's board