Get a Call

Market News

  • 11


    Nifty near 11,050; banks stocks in demand

    Key indices held firm near the day`s high in the mid-afternoon trade. The Nifty hovered near 11,050 levels. Banks stocks were trading firm. At 14:18 IST, the barometer index, the S&P BSE Sensex, was up 174.64 points or 0.47% at 37,320.02. The Nifty 50 index was up 39.65 points or 0.36% at 11,042.7.

    The S&P BSE Mid-Cap index was up 0.96%. The S&P BSE Small-Cap index was up 1.41%. Both these indices outperformed the Sensex.

    The market breadth, indicating the overall health of the market, was strong. On the BSE, 1791 shares rose and 708 shares fell. A total of 153 shares were unchanged.

    The S&P BSE Bankex was up 1.05% at 31,254.64.

    Among PSU banks, Union Bank of India (up 5.51%), Syndicate Bank (up 3.53%), Oriental Bank of Commerce (up 3.38%), Bank of Baroda (up 3.35%), Bank of India (up 3.33%), Punjab National Bank (up 3.28%), State Bank of India (up 2.28%) and Allahabad Bank (up 1.18%) advanced.

    Among private sector banks, Yes Bank (up 14.1%), RBL Bank (up 3.3%), IndusInd Bank (up 3.23%), Axis Bank (up 1.34%), ICICI Bank (up 0.52%), Kotak Mahindra Bank (up 0.27%) and HDFC Bank (up 0.18%) jumped.

    Power Mech Projects jumped 13.86% after the company received orders worth Rs 275 crore. The company received order from South Railway for construction of pit lines, service building and balance work of between Charlapalli-Ghatkesar station. The total contract is worth Rs 77 crore which is to be completed within the span of 18 months. The company has also received 3 orders from Bharat Heavy Electricals worth Rs 50 crore, Rs 72 crore and Rs 76 crore. The orders are to be completed within 24 months.

    TVS Motor Company gained 4.41% to Rs 405.80. The company launched a special edition version of TVS Radeon 109 cc.

    Premier Explosives jumped 10.09% after it announced that the company has received an order from Vikram Sarabhai Space Centre (VSSC) for production of PSOM-XL segments (solid propellant) for their satellite launch vehicles. The order is to be executed within a period of 18 months.

    Generic Engineering Construction and Projects soared 6.05% after the company bagged orders from various new and existing clients worth Rs 298.88 crore. The order consists of construction of industrial buildings worth Rs 2.05 crore and construction of residential buildings worth Rs 296.83 crore.

    Meanwhile, the yield on 10-year benchmark federal paper rose to 6.653% at 14:13 IST compared with 6.57% at close in the previous trading session.

    In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 71.6825, compared with its close of 71.71 during the previous trading session.

    In the commodities market, MCX Gold futures for 4 October 2019 settlement declined 0.17% at Rs 38,187.

    In the global commodities markets, Brent crude for November 2019 settlement was up 54 cents at $62.92 a barrel.

    Powered by Capital Market - Live News

NIFTY 11312.15 img 607.35

SENSEX 38014.62 img 1921.15

GOLD 37390.00

SILVER 45686.00

1 USD / INR 70.95

Attention Investors! "Prevent Unauthorised Transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of Investors."           Attention Investors! "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day. Issued in the interest of investors."           "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."           "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."           "As per SEBI guidelines, old DIS cannot be accepted for execution of instruction with effect from 07-01-2016. Kindly submit requisition slip / letter for issuance of new DIS booklet at our corporate office address to avoid rejection of your instruction(s) on or after 07-01-2016.”            "In accordance with the Union Budget 2017-18 announcement, SEBI has advised to link Aadhar with individual demat accounts. Kindly submit details of Aadhar number along with copy of Aadhar Card.”          

Copyright © 2019. All Rights Reserved. Indiabulls Ventures Limited. | Cookie Policy | Bechmark Rates | Disclaimer | Terms and Condition | Blog

Indiabulls Ventures Limited. [Corporate Identification Number for IVL: L74999DL1995PLC069631]
SEBI Reg No: INZ000007534 | NSE Membership No: 08756 [CM, FNO, CDS] | BSE Membership No: 907 [CM, FNO]
Indiabulls Securities Limited (Formerly known as Indiabulls Commodities Limited) [Corporate Identification Number for ISL: U74999DL2003PLC122874]
SEBI Reg No: INZ000036136 | MCX: MEMBER CODE: 12835 | NCDEX: MEMBER CODE: 10
Registered office address: M - 62 & 63, First Floor, Connaught Place, New Delhi - 110001.
Correspondence office address: Indiabulls House, 448 – 451, Udyog Vihar, Phase – V, Gurgaon – 122016, Haryana.
Site best viewed in IExplorer 10+ | Chrome | Firefox