Get App
Download App Scanner
Scan to Download
Advertisement
LIVE UPDATES

Nifty Ends Below 9,000 For The First Time Since March 2017

Nifty Ends Below 9,000 For The First Time Since March 2017
A graph showing the movement of the Hang Seng Index is displayed on a screen at a securities brokerage in Hong Kong, China. (Photographer: Jerome Favre/Bloomberg)
6 years ago
Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex Nifty today.

75.2 lakh shares of ITC Ltd. have changed hands in a large trade on the National Stock Exchange, according to Bloomberg data. Buyers and Sellers were not immediately known.

The stock is off the highest point of the day but trades with gains of 1.9 percent at Rs 150.10.

Nifty Bank: March 19 Expiry

  • 21,000 Put: Premium falls 17 percent to Rs 376.75. The contract has added 1.71 lakh shares in open interest.
  • 25,000 Call: Premium falls 78 percent to Rs 65. The contract has added 97,980 shares in open interest.
  • 24,000 Call: Premium falls 69.9 percent to Rs 170.2. The contract has added 2.11 lakh shares in open interest.

  • Buy Dabur for target of Rs 467 and stop loss of Rs 432
  • Sell DLF for target of Rs 139 and stop loss of Rs 155.5

  • Nifty down 0.1 percent, off the day's high to 9,193
  • Nifty futures trade at a discount of 85.3 points, add 0.2 percent in open interest
  • Nifty Bank down 1.3 percent to 22,789
  • Nifty Bank futures trade at a discount of 165.6 points, add 20 percent in open interest
  • Nifty Midcap index down 0.9 percent; Smallcap index down 1.2 percent
  • Nifty Auto, Pharma, FMCG index trade with gains
  • India Volatility Index up 4.5 percent at 61.58
  • 664 stocks trade with advances while 883 stocks trade with losses

The stock cooled off from the highest point of the day and it now trades 3.8 percent higher at Rs 382.5 per share.

Chart: March FPI Outflows Surpass Taper Tantrum Rout

  • Nifty trades 1 percent higher at 9,289
  • Nifty futures are trading at a discount of 82 points with open interest flat
  • Nifty Bank trades 0.2 percent higher at 23,150
  • Nifty Bank futures trade at a discount of 159.15 points with 16.5 percent added in open interest
  • Nifty Midcap and Smallcap index are down 0.3 percent each
  • Nifty FMCG & Metals index are trading off the day's high but with gains of over 2 percent
  • Nifty Media is the top sectoral laggard led by Zee Entertainment which is at an eight-year low
  • India Volatility Index up 2 percent to 60
  • 761 stocks are currently advancing as compared to 779 stocks that are trading with cuts

Depositors Staying Put Is Key to India’s Biggest Bank Rescue

Shares of the railroad car manufacturer fell as much as 5.9 percent to Rs 26.4 on the National Stock Exchange.

The company in a statement to the exchanges said that the operations of its Italian arm have been severely affected due to the Coronavirus outbreak. It has also temporarily suspended operations at the said plant for a period of 15 days.

The stock fell for the seventh straight day. The seven-day fall resulted in a stock-price drop of close to 35 percent. It had also fallen to a six-year low of Rs 23.85 on March 13.

Shares of the entertainment and gaming player fell as much as 7.88 percent to Rs 78.90 on the National Stock Exchange.

The company has decided to shut all the casinos operated in Goa by itself as well as its arms until March 31 in order to curb the impact of the Coronavirus outbreak.

The stock is down for the fifth straight session today, giving up 30 percent during the period. It has also seen a market cap erosion of Rs 979 crore during the last five days.

Weak Rupee Is Bad for India Inc. Facing Record Foreign Debt

Nifty Bank: March 19 Expiry

  • 21,000 Put: Premium falls 29.85 percent to Rs 318.70. The contract has added 1.68 lakh shares in open interest.
  • 25,000 Call: Premium rises 5.92 percent to Rs 312.95. The contract has added 52,640 shares in open interest.
  • 26,000 Call: Premium falls 8.7 percent to Rs 143.55. The contract has added 92,300 shares in open interest.

  • Nifty up 1.83 percent to 9,366
  • Nifty Futures add 1 percent in open interest and trade at a discount of 49.5 points.
  • Nifty Bank up 1.1 percent to 23,340
  • Nifty Bank futures add 11 percent in open interest and trade at a discount of 69.5 points.
  • All sectoral indices barring Nifty Media trade with gains
  • Nifty Metal and Nifty Pharma gain over 4 percent each
  • Nifty Auto and Nifty FMCG gain over 2 percent each
  • 897 stocks on the NSE are advancing while 593 stocks trade with losses
  • India Volatility Index up 3.8 percent at 61.11

Shares gained as much as 6.14 percent to Rs 172.85 on the National Stock Exchange. Prices had fallen 21 percent on Monday, to an all-time low.

Shares of the South-based cement player rose for the third straight day. Prices rose as much as 8.62 percent to Rs 104, the highest level in three-weeks.

Veteran Investor Radhakishan Damani increased his stake in the company to 16 percent from 11.98 percent as per the latest exchange filing.

The stock registered gains of over 9 percent in Friday and Monday's trading session respectively. The stock has gained 25 percent in the last three sessions, adding over 600 crore to its market capitalisation.

RBI Stays Away From Emergency Rate Cut, Addresses Liquidity Concerns 

For all the important cues going into today’s trade, click HERE!

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search