Nifty Bank index settles flat; PNB plunges over 6%
NEW DELHI: The Nifty Bank index settled flat at 26,474 on Tuesday.

Punjab National Bank (down 6.10 per cent), Federal Bank (down 4.45 per cent), IDFC Bank (down 3.07 per cent), State Bank of India (down 2.78 per cent) and Bank of Baroda (down 2.38 per cent) remained the top losers in the bank index.

RBL Bank (down 0.72 per cent), ICICI Bank (down

Write comment (93 Comments)
HUL touches 52-week high on strong Q4 show
New Delhi: Shares of Hindustan Unilever Ltd (HUL) climbed more than 2 per cent and touched their 52-week high level in morning trade today after the company posted strong earnings for the quarter ended March.

The company yesterday reported 14.2 per cent increase in its standalone net profit to Rs 1,351 crore for the fourth quarter ended March 31,

Write comment (95 Comments)
Modi's march in Karnataka gives Sensex 400-pt lift; will it sustain
The domestic equity market gained momentum in morning trade on Tuesday after trends showed the ruling BJP was leading in Karnataka. The BSE Sensex climbed over 400 points in morning trade, whereas NSE Nifty index reclaimed the crucial 10,900-mark.

Here are the key factors that kept bulls charged in morning trade:Vote count tallyAfter opening on a

Write comment (96 Comments)
PC Jeweller, Tata Steel most active stocks in value terms
NEW DELHI: PC Jeweller (Rs 932 crore) emerged as the most active stock in terms of value on NSE on Tuesday.

It was followed by Tata Steel (Rs 805 crore), BEML (Rs 779 crore), Power Grid (Rs 675 crore), HDFC (Rs 556 crore), Kotak Mahindra Bank (Rs 513 crore), ICICI Bank (Rs 511 crore), HDFC Bank (Rs 503 crore), Hindustan Unilever (Rs 494 crore) and

Write comment (98 Comments)
Market Now: Smallcaps in sync with Sensex; V Mart Retail surges over 10%
NEW DELHI: Smallcaps were trading in sync with Sensex during Tuesday's trade.

Around 11:25 am, the BSE Smallcap index was 0.92 per cent up at 17,803, while the BSE Sensex was 0.86 per cent up at 35,864. The Nifty50 was 0.80 per cent up at 10,892.

Shares of BF Utilities (up 11.57 per cent), BF Investment (up 11.48 per cent) and V Mart Retail (up

Write comment (90 Comments)
MSCI to add 234 China A-shares to main indexes
SHANGHAI: MSCI, the US index publisher, said on Tuesday that 234 Chinese large caps will be partially included in its global and regional indexes on June 1, following a review ahead of China's inclusion in MSCI's widely tracked equity benchmarks.

The review ejected nine companies and added 11 in the MSCI China A Inclusion Index, slightly altering

Write comment (99 Comments)
These are the most traded stocks of Tuesday's session
NEW DELHI: With over 11 crore shares changing hands, Reliance Communications emerged as the most traded stock on NSE on Tuesday.

Suzlon Energy (number of shares traded: 6.04 crore) and PC Jeweller (5.52 crore) were up next.

JP Associates (5.05 crore), Power Grid (3.15 crore), Punjab National Bank (2.96 crore), GMR Infra (2.74 crore), Alok

Write comment (93 Comments)
ET Intelligence Group: Hindustan Unilever (HUL), India’s largest consumer goods company, delivered a double-digit volume growth for the second consecutive quarter, much ahead of street estimates.

Volume growth for March quarter was 11 per cent against expectations of 6-8 per cent. In the corresponding quarter of the previous year, volume growth

Write comment (97 Comments)
Sebi proposes listed companies disclose payment delays
NEW DELHI: Sebi on Monday proposed that listed companies have to disclose any delay or expected delay in payment related to their debt securities within 24 hours from occurrence of such an event.

The proposal comes against the backdrop of various instances regarding non-compliance with listing norms by issuers of non-convertible debt securities

Write comment (96 Comments)
These are the top NSE losers of Tuesday's session
NEW DELHI: Shares of Uttam Value Steels, Viceroy Hotels and Raj Rayon Industries plunged up to 25 per cent on NSE on Tuesday, emerging as the top losers on NSE.

It was followed by Shekhawati Poly-Yarn and MVL, each falling 14.29 per cent.

Shares of PTC India Financial Services (9.74 per cent), Avadh Sugar - Energy (9.72 per cent), Adani

Write comment (100 Comments)
Unitech falls 4% after SC reserves order on asset auction
Unitech slumped to a fresh 52-week low this morning on reports that the Supreme Court reserved its order on the likely auction of the realty firm's assets.

The stock fell to Rs 4.66. Proceeds from the likely auction of the realty firm’s land assets in Agra, Varanasi and Tamil Nadu are intended to be paid to the home buyers seeking refund of their

Write comment (95 Comments)
Market Now: PSU bank stocks pocket gains; PNB up 2%
NEW DELHI: Most PSU bank stocks were trading with gains during early trade on Tuesday.

The Nifty PSU Bank index was trading 1.20 per cent up at 2,897 around 10:20 am.

Punjab National Bank (up 1.90 per cent), Andhra Bank (up 1.81 per cent), Indian Bank (up 1.37 per cent), State Bank of India (up 1.22 per cent) and Bank of India (up 1.06 per cent)

Write comment (94 Comments)
INC-JD(S) alliance to pip BJP drags Sensex into the red after 400-pt rally
NEW DELHI: In a highly volatile session on Tuesday, Indian benchmarks erased early gains of over 1 per cent to settle in the red zone, as likelihood of Congress-JD(S) alliance forming government in Karnataka hit investor sentiment in later half of the day.

In the first half of Tuesday's trade, Sensex soared as BJP's prospects to form a government

Write comment (98 Comments)
Market Now: Midcaps trail Sensex; Mphasis, JSW Energy jump up to 5%
NEW DELHI: BSE Midcap index was trailing benchmark Sensex during Tuesday's trade.

Around 11:15 am, BSE Midcap was 0.56 per cent up at 16,291, while the BSE Sensex was 0.97 per cent up at 35,901. The NSE Nifty was 0.85 per cent up at 10,899.

Shares of Mphasis (up 5.03 per cent), JSW Energy (up 3.96 per cent), TI Financial Holdings (up 3.66 per

Write comment (97 Comments)
Market Now: PSU bank stocks pocket gains; PNB up 2%
NEW DELHI: Most PSU bank stocks were trading with gains during early trade on Tuesday.

The Nifty PSU Bank index was trading 1.20 per cent up at 2,897 around 10:20 am.

Punjab National Bank (up 1.90 per cent), Andhra Bank (up 1.81 per cent), Indian Bank (up 1.37 per cent), State Bank of India (up 1.22 per cent) and Bank of India (up 1.06 per cent)

Write comment (100 Comments)
Check out the top NSE gainers of Tuesday's session
NEW DELHI: Shares of Mandhana Retail Ventures finished Tuesday's session with a gain of 20 per cent, emerging as the top gainer on NSE.

Shares of V-Mart Retail (up 11.09 per cent), Dr. Lal Path Labs (up 10.52 per cent), Mphasis (up 10.21 per cent) and Consolidated Construction Consortium (up 10 per cent) were up next.

Bil Energy Systems (up 9.09

Write comment (93 Comments)
Modi wave in Karnataka prompts D-Street to speculate on new market high
NEW DELHI: A saffron surge down south as seen in early trends in Karnataka vote count transformed sentiment on Dalal Street from sluggish to super-bullish, as investors lifted the benchmark Sensex some 400-points past 35,923, a level last hit in January.

At 11 hours on Tuesday, leads and trends from vote count showed Modi’s BJP was inching t

Write comment (91 Comments)
Market Now: Sensex, Nifty soar, but these stocks crack up to 25% on NSE
NEW DELHI: Shares of Uttam Value Steels cracked 25 per cent on NSE in the early trade on Tuesday, even as market sentiment was bullish as BJP was seen taking lead in the Karnataka election counting.

KSS (20 per cent) and Shekhawati Poly-Yarn (14.29 per cent) were up next among the top losers on NSE.

Shares of Kesar Enterprises (7.51 per cent),

Write comment (94 Comments)
Over 200 stocks hit 52-week lows on NSE
NEW DELHI: As many as 214 stocks including Adhunik Metaliks, Ajanta Pharma, Allahabad Bank, Ambuja Cements, Burnpur Cement and CEAT hit 52-week lows on NSE on Tuesday.

Corporation Bank, D.B.Corp, Dhanlaxmi Bank, Electrosteel Steels, Hindustan Aeronautics, HCC, HDIL, IDFC Bank and Jubilant Industries also featured among the stocks that hit 52-week

Write comment (97 Comments)
Market Now: Asian Paints, HDFC Bank, HUL hit 52-week highs on NSE
NEW DELHI: Asian Paints, Bharat Financial Inclusion, HDFC Bank, Hindustan Unilever and IndusInd Bank appeared among the stocks that hit 52-week highs on NSE in Tuesday's trade.

JSW Steel, Kotak Mahindra Bank, Magma Fincorp, Nestle India, Pidilite Industries and Seamec too joined the bandwagon of stocks that hit 52-week highs on NSE today.

Equity

Write comment (93 Comments)
Market Now: Sensex, Nifty tread higher; these are the NSE top gainers
NEW DELHI: Shares of MVL (up 14.29 per cent), KIOCL (13.57 per cent) and Bil Energy Systems (9.09 per cent) were trading as the top gainers on NSE in early Tuesday trade.

Shares of BEML (7.46 per cent), BF Investment (7.29 per cent), V-Mart Retail (7.06 per cent), IFB Industries (6.65 per cent) and Naga Dhunseri Group (6.59 per cent) surged over 6

Write comment (99 Comments)
Over 20 stocks hit 52-week highs on NSE
NEW DELHI: Abbott India, Asian Paints, Dilip Buildcon and DCM Financial Services appeared among the 22 stocks that hit 52-week highs on NSE on Tuesday.

HDFC Bank, Hindustan Unilever, IndusInd Bank, JSW Steel, Kotak Mahindra Bank, Magma Fincorp, Nestle India, Orient Electric, Pidilite Industries and V-Mart Retail also stood among the stocks that

Write comment (96 Comments)
OMCs move sideways on fuel price hike for second day
NEW DELHI: Shares of oil marketing companies (OMCs) were mixed on Tuesday even as fuel retailers hiked prices of petrol and diesel for the second day in a row.

Oil PSUs raised the petrol price by 15 paise a litre and that of diesel by 23 paise on Tuesday. This came on top of a price increase of 17 paise in petrol and 21 paise in diesel on Monday.

Write comment (91 Comments)
Market Now: Avenue Supermarts, Power Grid among most active stocks in terms of value
NEW DELHI: Avenue Supermarts (Rs 187.89 crore), Power Grid (Rs 179.69 crore) and Hindustan Unilever (Rs 169.85 crore) were among the most active stocks in terms of value on NSE early Tuesday.

HDFC Bank (Rs 112.90 crore), Tata Steel (Rs 105.64 crore), Reliance Industries (Rs 105.46 crore), HDFC (Rs 104.39 crore) and Sun TV (Rs 83.57 crore) also

Write comment (93 Comments)
Top Nifty gainers and losers of Tuesday's session
NEW DELHI: Key equity indices Nifty and Sensex closed Tuesday's session in the negative zone on fag-end profit-booking in all sectors.

The BSE Sensex finished day's trading 13 points, or 0.04 per cent, down at 35,544, with 14 stocks advancing and 17 declining.

Nifty50, however, managed to hold the psychologically 10,800-mark. The index slipped 5

Write comment (98 Comments)
Market Now: Over 150 stocks hit fresh 52-week low, defy market rally
NEW DELHI: Even as equity benchmarks were treading higher as BJP was seen getting the clear majority in Karnataka, over 150 stocks hit 52-week lows on NSE, defying the bullish mood of market.

Allahabad Bank, Ambuja Cements, Corporation Bank, GTL Infrastructure, HCC, HDIL, IDFC Bank, Jubilant Industries, Punjab - Sind Bank and Tata Motors featur

Write comment (97 Comments)
Market Now: PC Jeweller, JP Associates among most traded stocks on NSE
NEW DELHI: PC Jeweller was the most traded stock on NSE during the early trade on Tuesday.

With 1.35 crore shares changing hands, the stock was leading the pack of most traded stocks.

Alok Industries (number of shares traded: 1.15 crore) and JP Associates (0.80 crore) were up next.

Suzlon Energy (0.71 crore), Reliance Communications (0.67 crore), P

Write comment (90 Comments)
Market Now: ONGC, BPCL, HPCL drive oil gas index up
NEW DELHI: Gains in ONGC (up 2.27 per cent), BPCL (up 1.76 per cent) and HPCL (up 1.39 per cent) gave a boost to oil - gas index in Tuesday's trade.

The BSE Oil - Gas index was trading 1 per cent up at 14,922 around 11:35 am.

Shares of Oil India (up 1.06 per cent), Reliance Industries (up 0.92 per cent), Petronet LNG (up 0.54 per cent), In

Write comment (94 Comments)
Market Now: Private bank stocks rise; YES Bank, Kotak Bank up 2%
NEW DELHI: In line with PSU peers, most private bank stocks were trading in the positive territory in Tuesday's trade.

The Nifty Private Bank index was trading 1.68 per cent up at 15,424 around 10:30 am, with YES Bank (up 2.47 per cent) and Kotak Mahindra Bank (up 1.94 per cent) as top gainers.

HDFC Bank (up 1.88 per cent), ICICI Bank (up 1.68 per

Write comment (92 Comments)
Reduce Sun Pharma, target Rs 447: Prabhudas Lilladher
Prabhudas Lilladher has a reduce call on Sun Pharmaceutical Industries Ltd. with a target price of Rs 447. The current market price of Sun Pharmaceutical Industries Ltd. is Rs 474.5 Time period given by the brokerage is Two Years when Sun Pharmaceutical Industries Ltd. price can reach defined target. . Sun Pharmaceutical Industries Ltd.,

Write comment (93 Comments)