StockMarket

NSE hikes exposure margin in 19 stocks; move may lift cash market
Leading bourse National Stock Exchange will increase additional exposure margin in 19 companies during June 29 to July 26.

Market participants holding the position in given scripts have to maintain the sufficient margin in their account apart from existing Standard Portfolio Analysis of Risk (SPAN) and EXPOSURE margin.

“Increased margins in the s

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Stock market update: 369 stocks hit 52-week lows on NSE
NEW DELHI: As many as 369 stocks, including AksharChem India, Amber Enterprises India, Asian Granito India, Bank of Baroda and Bank of India hit 52-week lows on NSE on Wednesday.

BHEL, Cummins India, Eveready Industries India, Gati, HCC, Indiabulls Real Estate, Jet Airways (India), NBCC (India), Orissa Minerals Development Company, Punj

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Stock market update: Power index cracks 2%; Power Grid, NTPC among top drags
NEW DELHI: Power stocks failed to light up as most of them were in the negative territory during afternoon trade on Wednesday.

The BSE Power index was trading 2.06 per cent down at 1,929 around 12:50 pm with all components trading with losses.

CG Power and Industrial Solutions (down 6.85 per cent), JSW Energy (down 6 per cent) and Adani

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Stock market update: Smallcap index falls 2%; Adani Transmission, JP Associates top drags
NEW DELHI: The BSE Smallcap index fell 2 per cent on Wednesday owing to losses in Adani Transmission, Jaiprakash Associates, Edelweiss Financial Services and IDFC.

Indiabulls Real Estate, Arvind, Graphite India, Gujarat Narmada Valley Fertilisers - Chemicals, Manappuram Finance and Delta Corp also featured among the top drags on the smallcap

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By Andy MukherjeeImagine India's GDP growth had actually collapsed to 3 percent; inflation will strike double digits; exports were tanking; and the nation's twin deficits-- in the federal government's spending plan, and in the nation's bank account-- ran out control. It's just when the Reserve Bank of India attempts to envision such a dire scenario for March
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Share market update: Auto stocks on a downward trajectory; Eicher Motors, Tata Motors among top losers
NEW DELHI: Most auto stocks were trading in the negative territory during afternoon trade on Wednesday.

The BSE Auto index was trading 0.61 per cent down at 24,039 around 12:45 pm.

Shares of Ashok Leyland (down 2.90 per cent), Apollo Tyres (down 1.66 per cent), Bharat Forge (down 1.62 per cent), Exide Industries (down 1.57 per cent) and Eicher

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Stock market update: These are the most active stocks in value terms
NEW DELHI: HDFC Bank (Rs 1,009.46 crore) emerged as the most active stock in terms of value on NSE on Wednesday.

It was followed by Reliance Industries (Rs 872.39 crore), Tata Consultancy Services (Rs 763.39 crore), ICICI Bank (Rs 706.50 crore), HDFC (Rs 634.68 crore), Tata Motors (Rs 523.94 crore) and Sun Pharma (Rs 490.50 crore), in that order.

I

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Rupee at weakest in over 18 months on high oil prices
MUMBAI: India's rupee slipped to its weakest in more than 18 months on Wednesday, hit by higher oil prices and trade war concerns that could spark another bout of capital outflows for Asia's third-largest economy.

The rupee fell to 68.68 to the dollar on Wednesday, its lowest since Nov. 29, 2016, making it a 0.62 per cent decline so far in the day

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NDTV shares surge 20% as Sebi orders open offer
Shares of NDTV today surged 20 per cent to hit its upper circuit limit at Rs 39 after Sebi ordered Vishvapradhan Commercial to make an open offer.

Regulator Sebi yesterday ordered a little-known entity, Vishvapradhan Commercial, to make an open offer for NDTV for indirectly acquiring control of up to 52 per cent stake through a convertible loan of

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Tech view: Nifty50 breaks key support at 10,700, forms a 'Bearish Belt Hold'
NEW DELHI: The Nifty50 broke a crucial support at 10,700 level on Wednesday and ended up forming a 'Bearish Belt Hold' pattern on the daily chart.

The index violated the support at the 20- and 50-day SMAs, signalling a negative bias, as traders braced for F-O expiry-induced volatility on Thursday.

The index closed below its 50-DMA at 10,694

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Blockchain technology to transform financial services sector: NSE CTO
PANAJI: With digitisation transforming the financial services sector in terms of speeding up transactions and fraud detection, the Blockchain technology holds enormous promise of further strengthening the sector, a top official with The National Stock Exchange of India Limited (NSE) has emphasised.

"The NSE is experimenting with Blockchain

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NDTV shares surge 20% as Sebi orders open offer
Shares of NDTV today surged 20 per cent to hit its upper circuit limit at Rs 39 after Sebi ordered Vishvapradhan Commercial to make an open offer.

Regulator Sebi yesterday ordered a little-known entity, Vishvapradhan Commercial, to make an open offer for NDTV for indirectly acquiring control of up to 52 per cent stake through a convertible loan of

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Share market update: Check out the most traded stocks of Wednesday's session
NEW DELHI: Reliance Communications finished Wednesday's session as the most traded stock on NSE.

Through the day, nearly 9.51 crore shares of the company changed hands on NSE.

Jaiprakash Associates (number of shares traded: 7.62 crore), GMR Infrastructure (3.76 crore), IDBI Bank (2.57 crore), ICICI Bank (2.53 crore) and Punjab National Bank (2.30

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Share market update: Realty stocks crumble; HDIL, Unitech plunge up to 4%
NEW DELHI: Most realty stocks including Housing Development - Infrastructure (HDIL) (down 4.27 per cent), Unitech (down 3.53 per cent) and Indiabulls Real Estate (down 3.23 per cent) were incurring losses during afternoon trade on Wednesday, keeping the sectoral index down.

The Nifty Realty index was trading 1.23 per cent down at 273 around 2

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Nikkei edges down as airlines, shippers hit by rising oil
TOKYO: Japan's Nikkei share average dropped on Wednesday after higher oil prices hurt rubber products makers, airlines and shippers, while companies' going ex-dividend added to the market's broader weakness.

Yet the market came off early lows which traders suspected was linked to Bank of Japan's buying of exchange-traded funds.

The benchmark

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F O: Spurt in VIX signals limited upside for Nifty50
By Chandan Taparia The Nifty50 index broke its consolidation range between 10,700 and 10,835 levels and remained under pressure for most part of the session.

It formed a Bearish Belt Hold candle on the daily scale, which indicated that the bears are getting some grip on the market, as it is unable to surpass multiple hurdles in the 10,800-10,835

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Stock market update: Cadila, Lupin, Divi's Labs drag Nifty Pharma index down
NEW DELHI: Losses in Cadila Healthcare (down 4.70 per cent), Lupin (down 2.45 per cent) and Divi's Laboratories (down 1.50 per cent) were weighing on Nifty Pharma index during afternoon trade on Wednesday.

The Nifty Pharma index was trading 0.37 per cent down at 9,213 around 01:50 pm.

Shares of Biocon (down 0.36 per cent), Glenmark

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Stock market update: Metal stocks melt; BSE Metal index trades without any gainer
NEW DELHI: Metal stocks were reeling under selling pressure during afternoon trade on Wednesday.

The BSE Metal index was trading 1.24 per cent down at 12,672 around 12:30 pm with all components suffering losses.

Nalco (down 3.73 per cent), Jindal Steel - Power (down 2.95 per cent) and Steel Authority of India (SAIL) (down 2.88 per cent) were

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Stock market update: Top Nifty gainers and losers of Wednesday's session
NEW DELHI: Tech Mahindra, Bharti Infratel, HCL Technologies, HDFC Bank, Cipla and Dr. Reddy's Laboratories emerged as the top gainers in the Nifty index on Wednesday.

On the contrary, BPCL, HPCL, Indian Oil Corporation, GAIL (India), UPL and Larsen - Toubro featured among the top losers in the Nifty pack of stocks.

Indian equities markets lurc

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China blue-chips hit 13-month low as trade fears, falling yuan spook investors
SHANGHAI: China stocks extended a bruising sell-off on Wednesday, with blue chips slumping to their worst loss in over a year on growing concerns about the economic outlook amid a bitter trade dispute with the United States and a faltering yuan.

Investors worried a depreciating yuan could trigger capital outflows in a blow to asset prices and push

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Stock market update: Metal stocks melt; BSE Metal index trades without any gainer
NEW DELHI: Metal stocks were reeling under selling pressure during afternoon trade on Wednesday.

The BSE Metal index was trading 1.24 per cent down at 12,672 around 12:30 pm with all components suffering losses.

Nalco (down 3.73 per cent), Jindal Steel - Power (down 2.95 per cent) and Steel Authority of India (SAIL) (down 2.88 per cent) were

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Share market update: These stocks plunge up to 10% on Wednesday amid bearish market sentiment
NEW DELHI: Mirroring the negative market sentiment, shares of Adani Enterprises (down 10.88 per cent), Jaiprakash Associates (down 10.68 per cent) and Prabhat Dairy (down 9.03 per cent) plunged up to 10 per cent on NSE on Wednesday.

Stocks such as Welspun Enterprises (down 8.40 per cent), CG Power and Industrial Solutions (down 8.31 per cent),

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No end to trade war fears for European stocks and autos
LONDON: Dread over higher global barriers to trade kept a lid on European stock markets on Wednesday, with little other company and economic news to provide relief from rising protectionism which has hit equity markets hard.

Europe's STOXX 600 fell 0.3 per cent by 0725 GMT, with autos stocks again the worst performers, falling 0.9 per cent and

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Share market update: Telecom stocks suffer losses, plunge up to 6%
NEW DELHI: Telecom stocks Aksh Optifibre (down 6.13 per cent), GTL (down 5.61 per cent), Reliance Communications (down 4.86 per cent), GTL Infrastructure (down 4.38 per cent), Himachal Futuristic Communications (down 4.22 per cent) and OnMobile Global (down 4.10 per cent) were incurring strong losses during afternoon trade on Wednesday.

The BSE

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Manpasand Beverages posts 36% YoY rise in Q4 profit at Rs 43 crore
Manpasand Beverages on Wednesday posted 36.42 per cent year-on-year rise in profit at Rs 42.74 crore for the quarter ended March 31. It had posted a net profit of Rs 31.33 crore in the corresponding quarter last year.

Total revenue of the company increased 39.38 per cent to Rs 392.95 crore during the quarter under review. The figure stood at Rs

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Share market update: FMCG stocks mixed; Dabur, HUL among gainers, but ITC, Godrej Industries suffer
NEW DELHI: FMCG stocks were trading mixed during afternoon trade on Wednesday.

The Nifty FMCG index was trading 0.21 per cent down at 28,732 around 01:40 pm with 6 stocks in the green and 9 in the red.

Shares of Dabur India (up 1.81 per cent), Godrej Consumer Products (up 1.66 per cent), Hindustan Unilever (HUL) (up 0.90 per cent),

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Australian shares steady; New Zealand stocks tread water
Australian shares ended little changed on Wednesday as strength in energy and materials stocks was countered by declines in banks and industrials.

The S-P/ASX 200 index fell 1.70 points to 6,195.90 at the close of trade. The benchmark slipped 0.2 per cent on Tuesday.

Gains on the index were driven by global miner BHP, which advanced 1.8 per

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Sensex plunges 273 pts, Nifty below 10,700; bank, oil stocks weigh
NEW DELHI: Indian equity market lurched lower on Wednesday owing to across the board selling, led by oil - gas, metal, capital goods, bank, power and utilities stocks.

Factors, including falling rupee, surging oil prices and weak global cues hurt market sentiment. Moreover, investors restricted their bets ahead of the expiry of June series of

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Share market update: Capital goods index falls nearly 2%; NBCC, BHEL among top drags
NEW DELHI: The BSE Capital Goods index was trading 1.70 per cent down at 17,212 around 01:05 pm, with NBCC (India) (down 8.95 per cent), CG Power and Industrial Solutions (down 7.21 per cent), Dilip Buildcon (down 5 per cent) and Graphite India (down 4.88 per cent) as the top losers.

Shares of HEG (down 4.20 per cent), BHEL (down 2.93 per cent),

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Share market update: Sensex, Nifty tread lower; these stocks crack over 7%
NEW DELHI: Shares of Jaiprakash Associates (down 9.50 per cent), NBCC (down 8.39 per cent), Welspun Enterprises (down 7.99 per cent), Adani Enterprises (down 7.47 per cent) and Prabhat Dairy (down 7.35 per cent) cracked over 7 per cent on NSE during Wednesday's subdued market.

Stocks such as HPCL (down 6.89 per cent), RattanIndia Power (down 6.85

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