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Sensex up 227pts Nifty ended in 11222

Indian shares have gained force in the afternoon trades amid all round buying recorded in scrips across the sectors. Sensex closed higher by 227-points at 37318.53, while Nifty50 ended at 11222, up 73.80 points. Indiabulls Housing, Bharti Airtel, Sun Pharmaceuticals, Vedanta and Gail were among top Nifty50 index gainers, while...

IDFC First Bank shares fall over 12pc after Q4 earnings

Shares of IDFC First bank, which was set up by the merger of Capital First & IDFC Bank recently, fell over 10pc after the company reported a loss of Rs218.03crore for the Q4FY19 against a profit of Rs41.93-crore, year-on-year. The merged bank’s gross NPAs was reported at 2.43pc of the...

Reliance shares plunge on downgrade by Morgan Stanley

In Thursday’s trading session, the stock of Reliance Industries Ltd (RIL) touched an intraday low level at Rs 1,258.35 per share by near 3-percent fall, after the global firm Morgan Stanley downgraded the stock of RIL to equal-weight and maintained the TP at Rs.1,349 per share. Some of the main...

Mid-Market Watch: Nifty Media stocks fall

Markets continue to remain under pressure through mid-market, Wednesday. Among Nifty sectoral spaces, Media was the hardest hit. The index slipped 3.22% at 2,163.05. Zee Entertainment down 6.45%, followed by Dish TV, Suns TV and TV Today which falls by 4.11%, 3.77% and 3.29% respectively. Nifty Realty was also the major drag....

Sensex Crashes Near 6-Week Low Amid Trade Worries

Stock market indices slipped about 1 percent on Tuesday for a second day in row, on account of late selling, weak global signals and worrying concern about US-China trade dispute. The BSE Sensex ended down by 0.84pc or 323.71-pts to close at 38,276.63. Likewise, the broader NSE Nifty declined 0.87pc...

ICICI Bank Shares Seen Lower Post Earnings Release

Shares of ICICI Bank fell upto 1.5pc intraday on Tuesday, after the private sector bank on Monday reported its earnings results. On the NSE, the ICICI Bank stock opened at Rs.398.00 per share and dipped to the extent that Rs395.65 in morning time, registering a fall of 1.41pc from its Mondays’ close of...