Get App
Download App Scanner
Scan to Download
Advertisement
LIVE UPDATES

Sensex Closes Nearly 200 Points Higher; Nifty Ends Above 11,000

Sensex Closes Nearly 200 Points Higher; Nifty Ends Above 11,000
The NSE building. (Photographer: Vishal Patel/ BloombergQuint)
7 years ago
Catch all the live updates of share prices, index moves, corporate announcements and more from Indian equity markets.

Shares of the cyber security solutions provider rose as much as 7.1 percent to Rs 240 apiece. The stock returned 16.1 percent in the last five sessions.

Quick Heal Technologies Ltd. will buyback 63.6 lakh equity shares or 9.02 percent equity at Rs 275 per share, according to its notification to the exchanges. Total buyback is worth Rs 175 crore.

The stock declined 19 percent in the past 12 months compared with an 8 percent gain in the BSE Sensex.

Shares of the cement-to-textiles conglomerate rose as much as 1.5 percent to Rs 822.20 apiece.

Grasim Industries signed definitive agreement with Soktas India Pvt. Ltd. for an enterprise value of Rs 165 crore, according to its exchange filing. Soktas is in the business of manufacturing and the distribution of premium cotton fabrics and reported revenue and Ebitda of Rs 186 crore and Rs 31 crore in 2017-18.

The stock declined 28 percent in the past 12 months compared to a 10 percent gain in the Sensex.

Kotak Asset Picks Battered Midcaps to Ride India Poll Season

About 11 lakh shares of ICICI changed hands in a block deal, Bloomberg data showed. Buyers and sellers were not known immediately.

Indian Hume Pipe bagged two Letter of Acceptance worth Rs 254.98 crore from Raipur Municipal Corporation, according to its stock exchange filing.

“The company received Letter of Acceptance of Rs 120.79 crore under Augmentation of Water Supply Scheme Phase-II, Package-IV of Municipal Corporation Raipur,” the statement said, adding that it also Letter of Acceptance of Rs 134.19 crore under Augmentation of Water Supply Scheme Phase-II, Package-V of Municipal Corporation Raipur.

Both the projects are to be completed within 18 months and the agreements will be signed in due course, it said.

About 11 lakh shares changed of Mahindra & Mahindra Ltd. hands in a block deal, Bloomberg data showed. Buyers and sellers were not known immediately.

Nifty’s 11,000 put option contract was among the most active Nifty option contracts on National Stock Exchange.

Premium on the contract fell 30.06 percent to Rs 34.90. Over 10.5 lakh shares were added to the open interest which stood at over 18.9 lakh shares.

  • Adani Ports: About 17.7 lakh shares changed hands in a single block.
  • Gujarat State Petronet: About 11.9 lakh shares changed hands in a single block.
  • ONGC: About 10.2 lakh shares changed hands in a block deal.
  • Buyers and sellers were not known immediately

    Source: Bloomberg

F&O Cues
  • Nifty March futures closed trading at 11,033, premium of 46 points.
  • Max open interest for Mar. 28 series at 11,000 Call, open interest at 18.1 lakh shares.
  • Max open interest for Mar. 28 series at 10,600 Put, open interest at 22.4 lakh shares.

Stocks In F&O Ban

  • Reliance Power
  • Wockhardt

Put-Call Ratio

  • Nifty PCR at 1.76 versus 1.69.
  • Bank Nifty PCR at 1.87 versus 1.57.

  • Asian Granito to consider fund raising via issue of equity shares or convertible warrants.
  • HDFC and Vedanta to consider dividend.

  • CESC Ventures: International New Discovery Fund sold 1.48 lakh shares at Rs 516.44 each.
  • Spencers Retail: MFS Emerging Markets Equity Fund sold 5.75 lakh shares at Rs 150.1 each.
  • LA Opala: Steadview Capital Mauritius Ltd sold 7.53 lakh shares or 0.7 percent equity at Rs 200 each.
  • Relaxo Footwear

    • SBI MF bought 37.2 lakh shares or 3 percent equity at Rs 715 each.
    • Promoter Mukand Lal Dua sold 20 lakh shares or 1.61 percent equity at Rs 715 each.
    • Promoter Ramesh Kumar Dua sold 20 lakh shares or 1.61 percent equity at Rs 715 each.

    Shree Pushkar Chemicals & Fertilizers

    • Edelweiss Multi Strategy Funds Management Pvt Ltd – Hexagon sold 1.55 lakh shares or 0.5 percent equity at Rs 130.14 each.

    SP Apparels

    • Edelweiss Multi Strategy Funds Management Pvt Ltd – Hexagon sold 1.68 lakh shares or 0.65 percent equity at Rs 253.22 each.

Trump Presses India on Trade as U.S. Seeks Its Help on China

  • Bank of Canada Governor is expected to keep rates on hold Wednesday due to lingering uncertainty on housing and investment, while sticking to his message that borrowing costs eventually need to head higher.
  • European Central Bank policy makers are expected to leave rates unchanged amid a deteriorating outlook. President Mario Draghi will hold a news conference on Thursday after the decision.
  • The U.S. jobs report Friday may show hiring moderated in February. Nonfarm payrolls may have increased by 185,000 while the jobless rate fell to 3.9 percent, according to estimates.

London Metal Exchange
  • Nickel ended higher for the third consecutive trading session, up 2.9 percent.
  • Aluminium ended 0.05 percent lower.
  • Copper ended 1.1 percent higher.
  • Lead ended lower for the third consecutive trading session, down 0.57 percent.
  • Zinc ended 1.05 percent lower.
  • Tin ended 0.54 percent higher.

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