Get App
Download App Scanner
Scan to Download
Advertisement
LIVE UPDATES

Sensex Ends 481 Points Higher; Nifty Clocks Best Two-Day Rally In Nearly Five Months

Read Time: 1 min
Share
Sensex Ends 481 Points Higher; Nifty Clocks Best Two-Day Rally In Nearly Five Months
A traffic signal stands illuminated next to the Bombay Stock Exchange (BSE) building in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)
7 years ago
Catch all the live updates of share prices, index moves, corporate announcements and more from Indian equity markets.
Mar 12, 2019 15:43 (IST)
Link Copied
Share

Mar 12, 2019 14:26 (IST)
Link Copied
Share

Mar 12, 2019 14:19 (IST)
Link Copied
Share

Mar 12, 2019 12:51 (IST)
Link Copied
Share

Mar 12, 2019 12:31 (IST)
Link Copied
Share

Mar 12, 2019 12:23 (IST)
Link Copied
Share

Mahindra CIE Automotive Ltd.’s board today approved the acquisition of 100 percent of the issued and outstanding share capital of Aurangabad Electricals Limited and authorised the signing of a share purchase agreement, it said in a statement on the exchanges.

The company expects to complete the acquisition by April 10, the statement added.

Shares of the auto components maker pared losses and rose as much as 2.9 percent to Rs 247.

Mar 12, 2019 11:52 (IST)
Link Copied
Share

The Unusual Spike In Lakshmi Vilas Bank Shares

Mar 12, 2019 11:25 (IST)
Link Copied
Share

Mar 12, 2019 11:17 (IST)
Link Copied
Share

Nifty’s 11,300 call option contract was among the most active Nifty option contracts on National Stock Exchange.

Premium on the contract surged 430.37 percent to Rs 35.80. Over 7.59 lakh shares were added to the open interest which stood at over 15.73 lakh shares.

Mar 12, 2019 11:07 (IST)
Link Copied
Share

About 24.8 lakh shares of South Indian Bank changed hands in two blocks, Bloomberg data showed. Buyers and sellers were not known immediately.

Mar 12, 2019 10:17 (IST)
Link Copied
Share

Mar 12, 2019 09:56 (IST)
Link Copied
Share

Shares of Prism Johnson rose as much as 8.4 percent to Rs 104.

The stock traded at 21.1 times estimated forward earnings per share, Bloomberg data showed. Trading volume was 73.3 times its 30-day average. The Relative Strength Index was at 81, indicating that the stock may be overbought.

Mar 12, 2019 09:48 (IST)
Link Copied
Share

Mar 12, 2019 09:39 (IST)
Link Copied
Share

Mar 12, 2019 09:35 (IST)
Link Copied
Share

Mar 12, 2019 09:26 (IST)
Link Copied
Share

Mar 12, 2019 09:21 (IST)
Link Copied
Share

Mar 12, 2019 09:04 (IST)
Link Copied
Share

Mar 12, 2019 08:44 (IST)
Link Copied
Share

Mar 12, 2019 08:29 (IST)
Link Copied
Share

F&O Cues
  • Nifty March futures closed trading at 11,202, premium of 32 points.
  • Max open interest for March 28 series at 11,500 Call, open interest at 22.4 lakh shares.
  • Max open interest for March 28 series at 11,000 Put, open interest at 37.9 lakh shares.

Stocks In F&O Ban

In Ban

  • IDBI Bank
  • Jet Airways
  • Reliance Power

New in Ban

  • Reliance Infrastructure

Put-Call Ratio

  • Nifty PCR at 1.73 versus 1.6.
  • Bank Nifty PCR at 1.29 versus 1.23 .
Mar 12, 2019 08:29 (IST)
Link Copied
Share

Goldman Sachs on Motherson Sumi

  • Downgraded to ‘Neutral’ from ‘Buy’; maintained price target at Rs 159.
  • Post rally see limited upside; long term thesis still intact.
  • Investors appear to have turned incrementally positive.
  • Catalyst: ramp-up of new plants, fall in commodity prices and improvement in profitability of acquisition.

HSBC on Escorts

  • Maintained ‘Buy’ with a price target of Rs 980.
  • Downcycle is imminent, but it may not be as acute as street fears.
  • Demand cycle and operating leverage analysis shows risk-reward is favourable.
  • Operating parameters continue to improve.

JPMorgan on HDFC Life

  • Maintained ‘Neutral’ with a price target of Rs 440.
  • Stock looks pricey and product development becoming less capital-light.
  • Not supportive of company’s unique product mix.
  • Concerned about potentially faster capital consumption outlook.

Morgan Stanley on InterGlobe Aviation

  • Maintained ‘Overweight’ with a price target of Rs 1,311.
  • See downside risk to industry capacity addition.
  • Lower capacity addition could lead to stronger yields.
  • Indigo is best placed to benefit.

Edelweiss on GMDC

  • Initiated ‘Buy’ with a price target of Rs 105.
  • See imminent volume uptick post production ramp up at new mines.
  • Stock trading at lowest end of its 8-year EV/EBITDA band.
  • Business significantly undervalued; cash per share 43 percent of market cap.

Mar 12, 2019 08:29 (IST)
Link Copied
Share

  • NALCO, REC record date for interim dividend payment at Rs 4.5 per share and Rs 11 per share, respectively.
  • Advanced Enzyme Technologies, Khadim, Oricon Enterprises to move into short term ASM Framework.
  • Thirumalai Chemicals price band revised to 5 percent.
Mar 12, 2019 08:29 (IST)
Link Copied
Share

  • Reliance Communications: IndusInd Bank sold 1.7 crore shares or 0.62 percent equity at Rs 5.54 each.
  • Tourism Finance Corporation: Motilal Oswal Focused Emergence Fund acquired 5.55 lakh shares or 0.69 percent equity at Rs 120.12 each.

    • Matrimony.com

    • Nalanda India Equity Fund acquired 21.11 lakh shares or 9.29 percent equity at Rs 509.87 each.
    • HDFC Mutual Fund sold 20.13 lakh shares or 8.83 percent equity at Rs 510.07 each.

    Lemon Tree Hotels

    • Zaaba Pan Asia Master Fund acquired 52.16 lakh shares or 0.66 percent equity at Rs 84.84 each.
    • Morgan Stanley Asia (Singapore) sold 52.84 lakh shares or 0.67 percent equity at Rs 84.15 each.

    Xelpmoc Design

    • Trust Investment Advisors acquired 2.26 lakh shares or 1.65 percent equity at Rs 67.5 each.
    • Washington University sold 3.07 lakh shares or 2.24 percent equity at Rs 67.59 each.

    Pledge Share Details

    • Apollo Tyres: Promoter group Apollo International created a pledge of 9.84 lakh shares or 0.17 percent equity on March 7.
    • Satin Creditcare Network: Promoters revoked pledge of 3.21 lakh shares or 6.15 percent equity on March 5.

    (As reported on March 11)

Mar 12, 2019 08:29 (IST)
Link Copied
Share

NSE FPI Investment Limit Order (Dissemination date: March 8)

Red Flag List

Overall Limit

  • HDFC Bank
  • IndusInd Bank

Aggregate FPI Investment Limit

  • Ashapura Minechem
  • Bliss GVS Pharma
  • Cyient, Delta Corp
  • SH Helkar
  • Trent

Aggregate NRI Investment Limit (Key Stocks)

  • Astra Microwave Products
  • CCL Products
  • Aarvee Denims
  • Autoline Industries
  • Cyient
  • Deccan Cements
  • EIH Associated Hotels
  • Garden Silk Mills
  • EIH Associated Hotels

(Note: A red flag shall be activated in respect of listed Indian companies whenever the foreign investment is within 3 percent or less than 3 percent of the aggregate NRI/FPI limits or the sectoral cap.)

Breach List

Overall Limit

  • Abbot India (Breached on May 31, 2018)

Aggregate FPI Investment Limit

  • JVL Agro Industries (Breached on June 8, 2018)

Aggregate NRI Investment Limit (Key Stocks)

  • Page Industries (Breached on May 31, 2018)
  • Sobha (Breached on May 31, 2018)

(Note: List of Companies where foreign investment has reached its permissible limit.)

(As reported on March 11)

Mar 12, 2019 08:29 (IST)
Link Copied
Share

  • Chinese retail sales and industrial production data are scheduled for release this week. The National People’s Congress is set to wrap up with a speech on Friday from Premier Li Keqiang.
  • U.K. House of Commons votes Tuesday on May’s revised Brexit deal, 20 days before Britain is scheduled to leave the EU.
  • Bank of Japan Governor Haruhiko Kuroda will speak on Friday, after he and his board meet to decide on monetary policy.
Mar 12, 2019 08:29 (IST)
Link Copied
Share

  • Brent crude traded 0.24 percent higher at $66.74 per barrel.
  • WTI crude oil rose 0.3 percent Tuesday to $56.96 a barrel.
  • Gold was flat at $1,293.20 an ounce.
Mar 12, 2019 08:29 (IST)
Link Copied
Share

Mar 12, 2019 08:29 (IST)
Link Copied
Share

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
Newsletter Preview

Videos

Watch
LIVE

News for You

NDTV Profit Conclave 2026 Live Updates: Economist Praveen Chakravarty Clashes With GVL Rao Over US-India Trade Deal

NDTV Profit Conclave 2026 Live Updates: Economist Praveen Chakravarty Clashes With GVL Rao Over US-India Trade Deal

Live TV
Apps
Social
Hello Reader
Sign In / Register
Set as Trusted Source
on Google Search