Stock Market Highlights, June 13: Sensex, Nifty end listless session with minor gains; VIX down 6%

Stock Market Highlights on June 13: The BSE Sensex ended 204 points higher (at 76,811), while the Nifty closed 76 points up (near 23,400)

9:31 AM

Gensol Engineering freezes at 5% upper circuit on order win

>> The company has emerged as a successful bidder for a 250-Mw/500 MWh Battery Energy Storage System (BESS) tender floated by Gujarat Urja Vikas Nigam Limited.

>> It has the potential to generate a total revenue of approximately Rs 2,680 crore over the 12-year Battery Energy Storage Purchase Agreement (BESPA) tenure.

9:29 AM

360 One WAM advances 1.6% on purchase of ET Money

>> 360 ONE WAM has informed the stock exchanges that it has entered into a definitive agreement to acquire ET MONEY.

9:27 AM

L&T Finance rises nearly 4% on block deal

>> According to reports, investment firm Bain Capital and BNP Paribas will likely sell shares worth $180 million (Rs 1,500 crore) of L&T Finance, through block deals, on Thursday. 

>> Two entities of Bain Capital — BC Asia Growth Investments and BC Investments VI — along with BNP Paribas Financial Markets, will together sell a 3.54 per cent stake (88.2 million shares) today, the report added.

 

9:25 AM

Broader markets :: Mid, SmallCap indices gain nearly 1% each

9:23 AM

Sectoral trends :: IT, Realty indices up over 1% each

9:21 AM

Sensex Heatmap :: 29 of 30 index stocks trade firm

9:20 AM

Opening Bell :: Nifty surpasses 23,400

9:18 AM

Opening Bell :: Sensex tops 77,000, gains 400 pts in early deals

9:10 AM

Pre-Open :: Nifty nears 23,500

9:09 AM

Pre-Open :: Sensex at record peak, tops 77,100

9:04 AM

Currency check :: Rupee opens at 83.53/$ vs Wednesday's close of 83.55/$

8:55 AM

Alert:: Samsung joins hands with Paytm to bring travel and entertainment services to SamsungWallet in India

8:45 AM

Citigroup sees India's allure enticing global bond funds to stay put

Global investors who’ve bought Indian government bonds to piggyback on their inclusion in a flagship debt gauge are likely to remain invested and not take a quick profit, according to Citigroup Inc.’s top local trader.

India’s debt yields are higher than China’s or the US, and its economy is the fastest-growing among the Group of 20. There’s little reason for active investors who’ve poured money in to reverse course as the JPMorgan Chase & Co. index inclusion goes live, said Aditya Bagree, head of India and South Asia Markets for Citi. Read more

8:33 AM

Gold up Rs 10, silver jumps Rs 100; precious metal trading at Rs 91,400/kg

Gold Price Today: The price of 24-carat gold jumped Rs 10 in early trade on Thursday, with ten grams of the precious metal trading at Rs 72,170, according to the GoodReturns website. The price of silver also jumped Rs 100, with one kilogram of the precious metal selling at Rs 91,400.

The price of 22-carat gold was also up by Rs 10, with the yellow metal selling at Rs 66,160. Read more

8:21 AM

Stocks to Watch, June 13: L&T Finance, PNB Housing, 360 One WAM, Bondada

Here is a list of stocks to watch on Thursday: 

L&T Finance: According to reports, investment firm Bain Capital and BNP Paribas will likely sell shares worth $180 million (Rs 1,500 crore) of L&T Finance, through block deals, on Thursday. 

Two entities of Bain Capital — BC Asia Growth Investments and BC Investments VI — along with BNP Paribas Financial Markets, will together sell a 3.54 per cent stake (88.2 million shares) today, the report added. Read more