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Market Live: Sensex dips 400 pts, Nifty below 10,400; PSU banks fall 4-10%

Market Live: Sensex dips 400 pts, Nifty below 10,400; PSU banks fall 4-10% PSU Bank index slipped 2 percent as total exposure announced by PSU banks so far has been more than Rs 8,500 crore to PNB fraud case.

Banks, auto, RIL drag Nifty below 10,500; Sensex loses 287 pts, all sectoral indices dip

Banks, auto, RIL drag Nifty below 10,500; Sensex loses 287 pts, all sectoral indices dip Both benchmark indices closed flat for the week, after losing nearly 6 percent in previous two weeks.

Market Live: Sensex, Midcap gain 150 pts; Nifty hits 10,600 in opening; metals shine

Market Live: Sensex, Midcap gain 150 pts; Nifty hits 10,600 in opening; metals shine Punjab National Bank lost another 2 percent on top of 21 percent fall in previous two consecutive sessions. Gitanjali Gems tanked 19 percent on top of 20 percent correction in previous session.

Closing Bell: Sensex fall 287 pts, Nifty ends below 10,500; PSU Bank down 2.5%

Closing Bell: Sensex fall 287 pts, Nifty ends below 10,500; PSU Bank down 2.5% Punjab National Bank lost another 2 percent on top of 21 percent fall in previous two consecutive sessions. Gitanjali Gems tanked 19 percent on top of 20 percent correction in previous session.

Sensex gains 141 pts but Midcap falls 1%; PNB crash drags PSU Bank 1%; Gitanjali sinks 20%

Sensex gains 141 pts but Midcap falls 1%; PNB crash drags PSU Bank 1%; Gitanjali sinks 20% PNB shares lost another 13 percent after detecting transaction fraud of Rs 11,333 crore in a Mumbai branch.

Closing Bell: Sensex ends off day#39;s high; Midcap, PSU Bank fall 1%; PNB sinks 13%

Closing Bell: Sensex ends off day#39;s high; Midcap, PSU Bank fall 1%; PNB sinks 13% PNB fell over 11 percent after management gave clarification over transaction fraud worth Rs 11,333 crore.

Closing Bell: Sensex falls 144 pts, Nifty manages to hold 10,500; PSU banks drag

Closing Bell: Sensex falls 144 pts, Nifty manages to hold 10,500; PSU banks drag Voltamp Transformers, NRB Bearings, Kolte-Patil, DLF, IOL Chemicals, Ester, Dilip Buildcon, NMDC, Britannia Industries, Ashok Leyland and Minda Industries gained 1-4 percent whereas JK Tyre and Motherson Sumi lost 2-4 percent post earnings.

Sensex, Nifty shut on account of ‘Mahashivratri’; Asian stocks off 2-month lows

Sensex, Nifty shut on account of ‘Mahashivratri’; Asian stocks off 2-month lows FIIs pulled out Rs 814 crore from Indian equity markets on Monday while DIIs invested Rs 1,342 crore in the previous trading session.

Sensex, Nifty shut on account of ‘Mahashivratri’; Asian stocks off 2-month lows

Sensex, Nifty shut on account of ‘Mahashivratri’; Asian stocks off 2-month lows FIIs pulled out Rs 814 crore from Indian equity markets on Monday while DIIs invested Rs 1,342 crore in the previous trading session.

Global cues lift Sensex 295 pts, Nifty above 10,500; PSU banks shine, but SBI dips

Global cues lift Sensex 295 pts, Nifty above 10,500; PSU banks shine, but SBI dips All sectoral indices ended in the green barring IT and PSU Bank, as bargain hunting continued.

Closing bell: Sensex gains 295 pts, Nifty ends above 10,500; Tata Steel leads

Closing bell: Sensex gains 295 pts, Nifty ends above 10,500; Tata Steel leads NALCO, Oil India, Bata India, Sun TV Network, Marico and Amara Raja Batteries rallied 3-7 percent.

Sensex sheds 407 pts due to sell-off in banks, global peers; metals, midcaps shine

Sensex sheds 407 pts due to sell-off in banks, global peers; metals, midcaps shine The broader markets, however, outperformed frontline indices. The Nifty Midcap ended with 0.2 percent gains. About 1,400 shares advanced against 1,358 declining shares on the BSE.

Closing Bell: Sensex loses 407 pts, banks drag; Midcap, Metals outshine

Closing Bell: Sensex loses 407 pts, banks drag; Midcap, Metals outshine The Nifty Midcap index extended gains to 0.33 percent.

Sensex hits triple century after 7-day losses; midcaps outshine, all sectoral indices up

Sensex hits triple century after 7-day losses; midcaps outshine, all sectoral indices up Strong stock specific moves post earnings, and short covering as well as bargain hunting propelled the market higher today, experts said.

Closing Bell: Sensex gains 330 pts, Nifty fails to hold 10,600; pharma, cement stocks rally

Closing Bell: Sensex gains 330 pts, Nifty fails to hold 10,600; pharma, cement stocks rally Banking financials, technology stocks and Reliance Industries led the market higher while cement and pharma stocks were strong in trade.


 [L]Print   

Airline stocks take off after domestic air traffic grows 20% in January

Airline stocks take off after domestic air traffic grows 20% in January Jet Airways, SpiceJet and InterGlobe Aviation (IndiGo) rose up to 5 percent on the back of this development.

PNB shares tank over 7%; mcap drops Rs 10,781 cr in 4 days

PNB shares tank over 7%; mcap drops Rs 10,781 cr in 4 days The stock opened lower and slumped further 7.16 per cent to its 52-week low of Rs 116.65 on BSE. At NSE, shares of the company dived 6.77 per cent to hit a one-year low of Rs 117.05.

Gitanjali Gems shares continue fall; down 10%

Gitanjali Gems shares continue fall; down 10% The stock tumbled 9.99 per cent to Rs 33.80 -- its lower circuit limit -- on BSE. At NSE, shares of the company plunged 9.87 per cent to hit its lowest trading permissible limit of Rs 33.75. In four trading sessions, the stock has lost over 46 per cent, wiping out Rs 344 crore from its market valuation.

PSU banks fall up to 11% post exposure revelations in PNB fraud case; index down 6%

PSU banks fall up to 11% post exposure revelations in PNB fraud case; index down 6% UCO Bank, Allahabad Bank, Union Bank of India, State Bank of India, Bank of Baroda and Axis Bank, among others, have fallen 2-11 percent intraday.

Natco Pharma rallies 6% on zero observations for Mekaguda unit post USFDA inspection

Natco Pharma rallies 6% on zero observations for Mekaguda unit post USFDA inspection The inspection by USFDA was conducted during the period February 12-16, 2018.

UCO Bank sinks 11% on disclosing exposure to PNB fraud case

UCO Bank sinks 11% on disclosing exposure to PNB fraud case UCO Bank in its filing on Saturday said its Hong Kong branch granted loans against letters of credit issued by PNB and was "fully confident" of receiving payment from PNB.

Market Update: PSU Bank index falls over 2% as PNB, Union Bank plunge 5%; Tata Steel down 3%

Market Update: PSU Bank index falls over 2% as PNB, Union Bank plunge 5%; Tata Steel down 3% The market breadth was in favour of the declines with 410 stocks advancing in while 1176 stocks declined and 435 remained unchanged. On the other hand, 605 stocks advanced on BSE with 1411 stocks declining and 104 remained unchanged.

KPR Mill gains 6% ahead of board meeting this week for share buyback

KPR Mill gains 6% ahead of board meeting this week for share buyback A meeting of board of directors is scheduled to be held on February 22 to consider the proposal for buy-back of the fully paid-up equity shares.

Bhushan Steel hits 20% upper circuit post Tata Steel’s takeover bid

Bhushan Steel hits 20% upper circuit post Tata Steel’s takeover bid Tata Steel emerged as the highest bidder for Bhushan Steel with a surprise bid of Rs 35,000 crore. Stock falls 5 percent intraday.

Stocks 360: Here#39;s why Fortis Healthcare is in focus

Ekta Batra Watch CNBC-TV18#39;s Ekta Batra give a 360 degree round up on Fortis Healthcare.

Top buzzing midcap stocks to trade on February 16

Top buzzing midcap stocks to trade on February 16 Here are a few top buzzing midcap stocks picked by CNBC-TV18#39;s analysts in trade today -- PNB, Jet Airways, and Fortis Healthcare.

Bank stocks tank; Union Bank, Allahabad Bank touch 52-week low

Bank stocks tank; Union Bank, Allahabad Bank touch 52-week low While PNB did not name the other lenders, besides Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB

Gitanjali Gems tanks 20%; falls for 3rd straight day

Gitanjali Gems tanks 20%; falls for 3rd straight day On February 14, Punjab National Bank (PNB) disclosed that it has detected some fraudulent transactions with financial implication of about Rs 11,346 crore.

Market Update: Nifty PSU bank drags as Union Bank, PNB shed 1-2%, IT outperforms; HCL Tech up 2%

Market Update: Nifty PSU bank drags as Union Bank, PNB shed 1-2%, IT outperforms; HCL Tech up 2% The stocks that hit new 52-week high on NSE included KEC International and Polaris Consulting among others while Dena Bank, Punjab National Bank and Syndicate Bank were some of the stocks that hit fresh 52-week low.

Future Consumer rises nearly 4% on allotment of NCDs worth Rs 150cr to CDC Emerging Markets

Future Consumer rises nearly 4% on allotment of NCDs worth Rs 150cr to CDC Emerging Markets The company board at its meeting held on February 15 has allotted 1500 senior, secured non-convertible debentures having face value of Rs 10 lakh each for cash at par to CDC Emerging Markets, on private placement basis.

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