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Shares of Computer Age Management Services Ltd. fell as much as 4.3%, to the lowest levels in eight weeks.
Trading volume was nearly 63 times the average for this time of the day.
The company had about 3.8% of its equity or 18.6 lakh shares change hands in bunched trades. It was the second most traded Indian stock by value.
Buyers, sellers weren't immediately known.
Loans worth more than Rs 93,000 crore shortlisted for potential sale to bad bank.
Loan accounts include SREI Group NBFCs, Future Group companies, Jaiprakash Associates, Jaypee Cement among others.
The 22 accounts shortlisted for sale earlier this year remain unsold to NARCL.
Source: People in the know
Yield on the 10-year bond rose 3bps (0.4%) to 7.27% at the open.
Source: Bloomberg
The broader indices outperformed their larger peers with S&P BSE MidCap gaining 0.3% and S&P BSE SmallCap adding 0.5%. Thirteen of the 19 sectoral indices compiled by BSE Lt. advanced with Power gauge rising 0.7%.
The market breadth is skewed in the favour of bulls. About 1,675 stocks rose, 795 fell and 102 remained unchanged.
U.S. Dollar Index at 107.64
U.S. 10-year bond yield at 2.89% on Thursday
Brent crude up 0.01% to $96.6 per barrel
Nymex crude at $90.61 per barrel
SGX Nifty down 0.19% to 17,970 as of 6:13 a.m
Bitcoin down 2.13% to $22,917
Source: Bloomberg
Indian currency depreciated 9 paise (0.12%) to 79.77, at the open
Source: Bloomberg
RIL/ONGC/Other Oil Stocks: The government hiked windfall profit tax on diesel to Rs 7 per litre from Rs 5. It also brought Rs 2 per litre tax on ATF exports after scrapping it in the last review. Tax on domestically produced crude oil cut to Rs 13,000 per ton from Rs 17,750.
IEX/NTPC/PFC/REC/Other Power stocks: Power System Operation Corporation has asked three power exchanges — IEX, PXIL and HPX — to restrict electricity trading by 27 discoms in 13 states having outstanding dues towards gencos, PTI reported.
Wipro: The company has been awarded a multi-year contract to deliver Service Integration and Management services to HM Treasury.
Adani Total Gas: The company reduced prices of PNG and CNG upto Rs 3.2 per SMC and Rs 4.7 per Kg respectively.
Metropolis Healthcare: The company’s Chief Executive Officer Vijender Singh has resigned and Nov. 30 will be his last working day.
US.. stocks rose after swinging between modest gains and losses as mixed economic and earnings reports failed to spark a broad conviction trade.
Moves across Japan, China and Hong Kong were fairly muted. S&P 500, Nasdaq 100 and European futures slipped after Wall Street shares posted a small gain on Thursday.
At 9:00 a.m., the Singapore-traded SGX Nifty--an early barometer of India's benchmark Nifty 50--traded 0.1% lower at 17,986 points.
Oil, gold and Bitcoin dropped. The dollar and bonds rose.
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