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Sensex Extends Record Streak, Nifty Breaks 9,500 For First Time

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Sensex Extends Record Streak, Nifty Breaks 9,500 For First Time
(Source: Bloomberg)
9 years ago
Sensex, Nifty extend record gains; PNB jumps on easing bad loans.
May 16, 2017 15:31 (IST)
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May 16, 2017 14:20 (IST)
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May 16, 2017 13:39 (IST)
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May 16, 2017 13:04 (IST)
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May 16, 2017 13:00 (IST)
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May 16, 2017 12:47 (IST)
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  • Shares of the logistics firm up as much as 6.5% to Rs 143.90, the most since July 2016
  • Gati says to resolve dispute with FCCB holders
  • Settlement to include redemption, conversion of bonds
  • Stock has gained nearly 20% year-to-date vs 15% rise for the S&P BSE Sensex
May 16, 2017 12:18 (IST)
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May 16, 2017 12:06 (IST)
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  • Says rumors being spread to erode market capitalisation
  • Company in talks with strategic investors, private equity funds
  • The promoetrs/FIIs holding is intact
  • Stock down as much as 5%
May 16, 2017 11:33 (IST)
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May 16, 2017 09:42 (IST)
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  • Jain Irrigation: 15 lakh shares change hands in a block
  • HCL Tech: 1.2 crore shares change hands in a block; stock gains as much as 0.9%

    • *Buyers and sellers were not immediately known

May 16, 2017 10:55 (IST)
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May 16, 2017 10:48 (IST)
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Read the full story HERE

May 16, 2017 10:10 (IST)
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The rupee saw a marginal drop of 6 paise to 64.11 against the U.S. dollar in opening session in the midst of fresh demand for the American unit.

However, what limited the rupee's fall was the US.. dollar sliding in the global market and a spectacular opening in domestic equities, traders said.

On Monday, re-asserting its dominance against the dollar, the rupee shot up 26 paise to end at a fresh 21-month high of 64.05, driven by robust macro data, even as exporters aggressively offloaded the American currency.

(PTI)

May 16, 2017 09:57 (IST)
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May 16, 2017 09:29 (IST)
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  • Shares of Future Lifestyle jumped as much as 8.9% to a record high of Rs 312
  • Company’s net profit surged 263% at Rs 18.93 crore in the quarter ended March
  • Future Lifestyle Fashions added to MSCI Global Small Cap Index
  • Other Future Group stocks rally: Future Consumer (+1.6%), Future Retail (+1%), Future Enterprises (+3.4%)
May 16, 2017 09:30 (IST)
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  • Chennai Petroleum: (-3.9%): Q4 net income Rs 171 crore vs Rs 248 crore last year
  • Polaris Consulting (+2.3%): Q4 net income Rs 31.8 crore vs loss Rs 11.3 crore last year
  • Voltamp Transformers (+6.1%): March-quarter net income Rs 22.7 crore vs Rs 18.2 crore last year
May 16, 2017 09:27 (IST)
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  • Shares of PVC pipes maker jumped as much as 9% to a record high of Rs 214
  • Q4 net income up 46% at Rs 52.8 crore
  • Revenue up 10% at Rs 583.7 crore
May 16, 2017 09:19 (IST)
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May 16, 2017 09:02 (IST)
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May 16, 2017 08:47 (IST)
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May 16, 2017 07:55 (IST)
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May 16, 2017 07:59 (IST)
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  • Bharat Petroleum, Hindustan Petroleum: Petrol price cut by Rs 2.16 per litre, diesel by Rs 2.10 a litre.
  • JK Tyre & Industries: Profit declined 25 percent in the quarter ended March.
  • Bata India: Net profit rose 27 percent to Rs 36 crore in the three months ended March.
  • Polaris Consulting: Net profit down 31 percent in the quarter ended March.
  • Atul Ltd: Entered into a JV with AkzoNobel for the production of monochloroacetic acid in India.

    • For a complete list of stocks, click HERE

May 16, 2017 07:52 (IST)
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  • Grasim Industries
  • Minda Industries
  • Quess Corp
  • PI Industries
  • Punjab National Bank
  • Tata Steel
  • Sobha
May 16, 2017 07:53 (IST)
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Also Read: India’s Trade Deficit Hits 29-Month High As Gold Imports Remain Strong

May 16, 2017 07:55 (IST)
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May 16, 2017 07:52 (IST)
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  • Dr Reddy’s: Raised to hold at Deutsche Bank, price target Rs 2,609
  • Colgate India: Cut to neutral at Credit Suisse, price target Rs 1,050
  • Eicher Motors: Raised to overweight at JPMorgan, price target Rs 33,000
  • Gail India: Cut to underperform at Jefferies, price target Rs 363
  • Hero MotoCorp: Raised to neutral at JPMorgan, price target Rs 3,800
  • Indian Hotels: New buy at HSBC, price target Rs 155
  • TVS Motor: New overweight at JPMorgan, price target Rs 590
May 16, 2017 07:32 (IST)
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