Skip to main content

Market News - HDFC Bank Extends Record Run ,Jubilant Food Works Gains

HDFC Bank Extends Record Run - Shares of HDFC Bank extended gains for the sixth consecutive trading session, its longest gaining streak since September 2017. The stock rose as much as 0.94 per cent to hit an all-time high at Rs 2,247. Trading volume was more than double its 20-day average, The Relative Strength Index was above 70, indicating that the stock may be overbought.



Jubilant FoodWorks Gains On Promoter’s Stake Sale Plans-  Shares of the Domino’s Pizza operator in India halted a two-day fall and rose as much as 3.3 per cent to Rs 1,369. The company’s promoter Jubilant Consumer Private Limited plans to sell 40 lakh shares at the floor price of Rs 1,272.6 apiece, aggregating to Rs 503.8 crore via secondary placement of shares. 

Rupee trades lower against US dollar
The Indian rupee on Thursday weakened marginally against the US dollar, tracking losses in its Asian peers as traders assess the global slowdown with China reporting weaker-than-expected industrial production data. The rupee was trading at 69.63 a dollar, down from its previous close of 69.54. The home currency opened at 69.68 a dollar. 

Market opens: It is a firm start for the Indian indices on Thursday morning with Nifty around 11,370 level. The Sensex is up 131.80 points at 37883.97, while Nifty is up 32.80 points or 0.29% at 11374.50. About 566 shares have advanced, 268 shares declined, and 56 shares are unchanged. 

DHFL gained 5 per cent, followed by Lemon Tree, Lupin, Zee Ent, Indiabulls Housing, HCL Tech, Axis Bank, Yes Bank, Infosys are among the major gainers on the indices, while losers include Power Grid, BPCL, Tata Motors, Adani Ports and HPCL.


Sensex | Market News | HDFC Bank |Jubliant | Rupee | Dollar | Top Gainers

Comments

Popular posts from this blog

Share market updates:Sensex Gains Over 150 Points,Nifty reclaims 10700; Tata Motors up 2.5%

Mumbai: Indian benchmark indices BSE Sensex and NSE Nifty 50 advanced on Friday led by auto and metal stocks. Japan stocks slumped 4% on its first trading day of the year, leading Asian stocks lower, after weak economic data added to anxiety about global growth and Apple’s sales outlook cut sunk US stocks. Moreover, in India, investors turned cautious ahead of corporate earnings season beginning next week, with TCS and Infosys reporting December quarter results in the first round. Oil prices fell nearly 1% after the US showed signs of following Asia into an economic slowdown, although supply cuts by producer club OPEC kept declines in check.


Money Market Update: Rupee Strengthens After Two-Day Fall The Indian rupee strengthened after a two-day fall. The home currency appreciated as much as 0.35 per cent to 69.93 against the greenback.
Jet Airways shares down over 3% Jet Airways shares fell as much as 3.34% to Rs 238.60 per share after the Economic Times reported the company has proposed…

Share market updates: Sensex falls 100 points,Nifty near 10,750; BoB uo 3%,Dena, Vijaya Bank Slump On Merger Deal

Market opens Equities have begun the day on a flat note, with the Nifty trading below 10,800. The Sensex is up 28.52 points or 0.08% at 35920.04, while the Nifty is down 2.20 points or 0.02% at 10790.30. The market breadth is negative as 268 shares advanced, against a decline of 139 shares, while 31 shares were unchanged. Wipro, Sun Pharma, Coal India and Titan are the top gainers, while ONGC, TCS, and HPCL lost the most. 
Rupee weakens for the 2nd day against the dollar The Indian rupee on Thursday weakened for a second session against the US dollar, tracking losses in its Asian peers amid mounting concern about the global outlook after Apple Inc. cut its revenue forecast. At 9.13am, the rupee was trading at 70.37 a dollar, down 0.22% from the previous close of 70.17. It opened at 70.17. The 10-year gilt yield was trading at 7.393% from its previous close of 7.355%.


Dena, Vijaya Bank Fall; Bank Of Baroda Gain After Three-Way Merger Deal Shares of Dena Bank slumped 19.38 per cent, the …

Share Market:RIL, HDFC Bank Top Gainers,ONGC jumps 2%,SBI share in focus

SBI share in focus - Shares of State Bank of India rose as much as 1.5 per cent to Rs 285.50. The country’s largest lender linked interest on savings bank deposits above Rs 1 lakh to the Reserve Bank of India’s repo rate. The effective savings bank deposit rate for Rs 1 lakh and above stands at 3.5 per cent.



Market opens: It is a positive start for the indices on Monday with Nifty inching towards 11,100 marks. The Sensex is up 212.54 points at 36883.97, while Nifty up 68.90 points at 11104.30. About 739 shares have advanced, 208 shares declined, and 53 shares are unchanged.

Sadbhav Infra, GMR Infra, Jet Airways, Dilip Buildcon, SBI, ONGC, IOC, Titan, Dr Reddy’s Lab, Bharti Infratel, JSW Steel, Hero Moto, are some of the gainers on the indices, while lowers are Kotak Mahindra Bank, CG Power, Reliance Infra, TCS, Nalco and REC.

Rupee Opens: The Indian rupee gained in the early trade on Monday. It has opened higher by 14 paise at 70.01 per dollar versus previous close 70.15.

Crude Update: O…