 |
After hitting record highs in the morning trade, the benchmark indices gave all the gains and remained under pressure for rest of the day on the last trading day of the week as Nifty ended at 11,752 level.
At close, the Sensex was down 135.36 points at 39140.28, while Nifty was down 34.40 points at 11752.80. About 872 shares have advanced, 1662 shares declined, and 163 shares are unchanged.
Market will remain shut of Friday (April 19) on account of Good Friday.
Yes Bank, Indiabulls Housing, Hindalco Industries, Vedanta and Zee Entertainment were among major losers on the indices, while gainers include Reliance Industries, JSW Steel, Tata Motors, BPCL and Wipro.
Among the sectors, except energy all other sectoral indices ended in red led by PSU bank, infra, metal, FMCG and auto.
HEADLINES OF THE DAY
DCB Bank recommends dividend: The board of directors of the company recommended a dividend of Re 1 per equity share of Rs 10 each (i.e. 10%) for the year ended March 31, 2019.
Shares of Star Cement rose 6.7 percent after company received Rs 174.48 crore towards its freight subsidy claims from the Central Government.
Jubilant Life Sciences has issued commercial papers of Rs 100 crore with a tenure of 68 days, maturity on 25.06.2019.
PSU banks are also one of the biggest losers today. Only one of the constituent stocks of Nifty PSU Bank is trading in the green.
RBL Bank has informed that the Board of Directors recommended a final dividend of Rs 2.70 per equity share. The bank's Q4 net profit has jumped 39 percent at Rs 247cr. However, the stock is trading one percent lower.
HCL Technologies said it has become a Google Cloud Platform (GCP) Premier Partner. The new partnership will help enterprises accelerate the adoption of GCP at scale and further strengthens HCL portfolio of cloud services, it added.
Just Dial has denied news reports, and has said there has not been a data breach of 100 million users on its platform. It added, there was a vulnerability on its older version of the app which has now been fixed. The stock is down over 3 percent.
Mahindra & Mahindra has entered into an agreement with Ford India Private Limited for development and supply of SUVs.
The crucial resistance for Nifty spot is now seen at 10840 and above this 10980 Support for the immediate term is now placed at 10620 next support will be 10480.
Get free trial Click here: http://www.capitalstars.com/free-trial
No comments:
Post a Comment