MARKET WRAP: Fed hikes rate; Sensex slips 53 pts, PSBs, metals crack

the Nifty Metal index ended 1.04 per cent lower weighed by National Aluminium Company, Vedanta and Steel Authority of India. The Nifty PSU Bank index, too, fell 1.80 per cent due to a fall in SBI

11:08 AM

Top gainer and losers in S&P BSE Sensex

10:54 AM

Jet Airways, ONGC and Bharti Airtel trade mixed ahead of their board meets

 

Shares of Jet Airways, ONGC and Bharti Airtel were trading mixed in the early trade on Thursday ahead of their respective board meets, due later in the day. The board of India's top explorer, Oil and Natural Gas Corp (ONGC), will meet today to consider the proposal for the buy-back of the fully paid-up equity shares of the company. That apart, the board is also likely to consider a proposal this week to list its overseas investment arm, ONGC Videsh, on domestic bourses. Read more

10:47 AM

Board meetings today

COMPANY	DATE	AGENDA
BHARTI AIRTEL	20-12-2018	BOARD MEETING
COAL INDIA	20-12-2018	BOARD MEETING
CONTAINER CORPN.	20-12-2018	BOARD MEETING
DHANUKA AGRITECH	20-12-2018	BOARD MEETING
ENCORE SOFTWARE	20-12-2018	BOARD MEETING

» More on Board

10:34 AM

Tyre stocks gain on easing oil prices; JK Tyre, Kesoram up over 5%

 

Shares of tyre manufacturing companies have rallied by up to 14% on the BSE in early morning trade in an otherwise subdued market on easing crude oil prices.

 

Kesoram Industries has surged 14% to Rs 94.40, while JK Tyre soared 7% to Rs 110 on back of heavy volumes. Shares of TVS Srichakra, Apollo Tyres, MRF, Balkrishna Industries and Ceat were up in the range of 1% to 3% on the BSE in intra-day trade. In comparison, the S&P BSE Sensex was down 0.39% at 36,340 points at 09:58 am. Read more

10:21 AM

Top losers in BSE500

COMPANY	PRICE()	CHG()	CHG(%)	VOLUME
NATL. ALUMINIUM	61.60	-2.50	-3.90	672254
SHARDA CROPCHEM	317.50	-11.25	-3.42	12579
TEAM LEASE SERV.	2860.20	-94.35	-3.19	3
SKF INDIA	1892.00	-55.00	-2.82	313
INFO EDG.(INDIA)	1547.00	-43.60	-2.74	1208

10:17 AM

Om Metals climbs 19% on bagging Rs 6.15 bn contract from Rajasthan govt

Shares of Om Metals Infraprojects rose as much as 19 per cent to Rs 41.35 on BSE in the intra-day trade as company bags Rs 6.15 bn EPC contract from Water Resources Department, Government of Rajasthan. READ MORE

10:02 AM

Market check

Index	Current	Pt. Change	% Change
S&P BSE SENSEX	36,346.30	-138.03	-0.38
S&P BSE SENSEX 50	11,438.73	-37.70	-0.33
S&P BSE SENSEX Next 50	33,322.30	+51.67	+0.16
S&P BSE 100	11,237.21	-28.75	-0.26
S&P BSE Bharat 22 Index	3,499.61	-14.01	-0.40

9:45 AM

Web Exclusive Where are gold, rupee and oil prices headed in 2019?

International Gold price fell by almost 5 per cent in 2018 as investors avoided investments in gold in the past year due to rising equity markets. Indian gold was up almost 8 per cent in 2018 as the Indian Rupee depreciated by 10 per cent in 2018. However, gold looks an attractive asset class in 2019. READ MORE HERE

9:35 AM

OM Metals Infraprojects gains over 12.5% as it bagged Rs 6.15 billion EPC contract from Water Resources Department, Government of Rajasthan

9:31 AM

Bharti Airtel slips over 1.5% ahead of board meet

9:19 AM

Sectoral trend on NSE

9:17 AM

Opening losers on BSE Sensex

9:16 AM

Market at open

 

At 9:15 AM, the S&P BSE Sensex was trading at 36,231, down 254 points while the broader Nifty50 was ruling at 10,885, down 82 points.

9:02 AM

Market at pre-open

Index	Current	Pt. Change	% Change
S&P BSE SENSEX	36,474.52	-9.81	-0.03
S&P BSE SENSEX 50	11,472.98	-3.45	-0.03
S&P BSE SENSEX Next 50	33,272.79	+2.16	+0.01
S&P BSE 100	11,262.66	-3.30	-0.03
S&P BSE Bharat 22 Index	3,517.83	+4.21	+0.12

9:01 AM

Rupee opening

 

Rupee opened at 70.68/$ vs its previous close of 70.39 against the US dollar