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The market breadth was tilted in favour of buyers. About 1,008 stocks advanced and 769 shares declined on National Stock Exchange.
Six out of 11 sectoral gauges compiled by NSE ended higher, led by the NSE Nifty PSU Bank Index’s 3.9 percent gain. On the flipside, the NSE Nifty Media Index was the top sectoral loser, down 0.6 percent.
BHEL
Central Bank of India
Ramco Cements
Indoco Remedies
Will the #Sensex manage to close above the 40,000 mark for the first time since June 3?
— BloombergQuint (@BloombergQuint) October 30, 2019
Read more market updates in our live blog: https://t.co/eVJ4dgwqeA
HDFC Life Insurance
Caplin Point Labs
ITI
Central Bank of India
The Market breadth was tilted in favour of buyers. About 1,034 stocks advanced and 720 shares declined on National Stock Exchange.
Shares of Graphite India fell as much as 4.9 percent to Rs 299.30 after the company announced September quarter results.
Graphite India (Q2, YoY)
Shares of the state-owned lender rose 3.3 percent to a month-month high of Rs 290 each.
Around 20 lakh shares changed hands in a bunched trade on National Stock Exchange, according to Bloomberg data. Buyers and sellers were not known immediately.
The stock traded at 11 times its estimated earnings per share for the coming year.
Shares of D.B Corp extended declines for the second consecutive trading session. The stock fell as much as 4.8 percent, to Rs 145.40.
The scrip declined 10 percent in two days. Trading volume was more than two times its 20-day average, according to Bloomberg data. D.B. Corp traded at 7.4 times its estimated earnings per share for the coming year.
Shares of ITI rose as much as 15.3 percent, the most since May 30, to Rs 100.
Trading volume was more than 11 times its 20-day average, Bloomberg data showed. Of the shares traded, 50 percent were at the ask price and 38 percent were at the bid.
The stock has extended gains for the third consecutive trading session.
Shares of Yes Bank fluctuated between gains and losses to trade 0.6 percent lower at Rs 57.85.
About 18.5 lakh shares of the private lender changed hands in a large trade, Bloomberg data showed. Buyers and sellers were not known immediately.
About 20 lakh shares of SBI changed hands in a large trade, Bloomberg data showed. Buyers and sellers were not known immediately.
Nifty’s 11,800 call option contract was among the most active Nifty option contracts on National Stock Exchange.
Premium on the contract, which is set to expire on Thursday, rose 39.8 percent to Rs 33.45. Over 15.76 lakh shares were removed from the open interest which stood at over 30.82 lakh shares.
Indian equity benchmarks trading higher, led by the gains in Infosys Ltd. and HDFC Bank Ltd.
The S&P BSE Sensex rose 0.3 percent to 39,954 and the NSE Nifty 50 rose 0.33 percent to 11,826. The broader markets represented by the NSE Nifty 500 Index rose 0.4 percent.
Petronet LNG (Q2, QoQ)
SKF India (Q2, YoY)
Tata Metaliks (Q2, YoY)
Shares of InterGlobe Aviation rose as much as 3.3 percent to Rs 1,456.35.
The budget carrier operator has placed an order for 300 A320 Neo family aircraft. This order takes IndiGo’s A320 Neo family aircraft orders to 730.
Trading volume was more than two times its 20-day average, according to Bloomberg data. The Relative Strength Index was below 30, indicating that the stock may be oversold.
Shares of the telecom operator rose as much as 2.5 percent to Rs 369.
The company’s domestic mobile business revenue up 1.1 percent to Rs 10,981 crore, compared to the estimate of Rs 10,808 crore. Mobile average revenue per user declined 0.8 percent to Rs 128, compared to the estimate of Rs 127. The customer base declined to Rs 27.9 crore versus 28.1 crore, while 4G customer base in crore eased to Rs 10.3 crore versus 9.5 crore.
Of the shares traded, 39 percent were at the ask price and 41 percent were at the bid, Bloomberg data showed.
Shares of HDFC Life Insurance recovered after falling as much as 4.9 percent.
About 10 crore shares of the company changed hands in a large trade, Bloomberg data showed.
While buyers and sellers were not known immediately, Standard Life was looking to sell up to 7.58 crore shares or 3.76 percent stake in HDFC Life Insurance.
Standard Life has offered the company’s share at a price band of Rs 562-575 per share and it seeks about $600 million or Rs 4,260 crore in the placement of HDFC Life Insurance’s shares.
Besides, there is an option to sell an additional $200 million of shares. The price range represents a discount of 5.9 percent to 8 percent from the last close.
Indian equity benchmarks opened higher, extending their gains for the fourth consecutive trading session.
The S&P BSE Sensex rose 0.6 percent to 40,044 and the NSE Nifty 50 rose 0.5 percent to 11,839. The broader markets represented by the NSE Nifty 500 Index rose 0.4 percent.
The market breadth was tilted in favour of buyers. About 935 shares advanced and 409 stocks declined on National Stock Exchange.
Nine out of 11 sectoral gauges compiled by NSE traded higher, led by the NSE Nifty FMCG Index’s 0.49 percent gain. On the flipside, the NSE Nifty Auto Index was the top sectoral loser, down 0.15 percent.
Lakshmi Vilas Bank
Indian equity benchmarks are set to open higher.
The S&P BSE Sensex rose 0.5 percent to 40,033 during the pre-market trade and the NSE Nifty 50 rose 1 percent to 11,941.
Petronet LNG (Q2, QoQ)
SKF India (Q2, YoY)
Tata Metaliks (Q2, YoY)
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