SEARCH
More »

Markets live: Sensex down 25 points; ITC, Bharti Airtel top losers

  • The rupee was down 2 paise at 61.87 against the dollar at 11.50 am.
  • Brokerage firms maintain ‘buy’ call on ITC stock
  • 11.45 amThe Sensex is down 25.93 points or 0.09 per cent at 28,360.26 while the NSE Nifty is down 4.45 points or 0.05 per cent at 8,471.30.
  • The CBI today filed the case diary and crime files in a sealed cover in a coal blocks allocation case related to Hindalco before a special court, complying with its order. The Hindalco stock is trading up 2.57 per cent at Rs 173.50 on the BSE.
  • 10.45 am: The Sensex is trading down 25.39 points or 0.09 per cent at 28,360.80 while the NSE Nifty is down 3.90 points at 8,471.85.
  • Stocks of auto, bankex, consumer durables, capital goods, realty and FMCG are in the red.
  • Health care and oil and gas sectors are up by up to 0.5 per cent.
  • ITC and Bharti Airtel were the big losers with losses of over 1.5 per cent.
  • Hindustan Unilever and Hindalco were among the gainers.
  • 9.55 am: The Sensex and the Nifty see-sawed between gains and losses. The Sensex is now up 2.18 points at 28,388.37 while the Nifty is down 4.05 points at 8,471.70.
  • Analysts expect trade to be volatile because of the expiry of November derivatives contracts today.
  • The market breadth indicating the overall health of the market is strong. Of the 1,864 scrips traded, 1,099 have advanced, while 707 declined and 58 are unchanged.
  • Top Sensex gainers: HUL (2.17%), Hindalco (1.12%), Infosys (0.99%)., Cipla (0.88%), and NTPC (0.78%).
  • Top Sensex losers: Bharti Airtel (-1.61%), ITC (-1.22%), SSLT (-0.89%), Bajaj Auto (-0.59%), and Tata Motors (-0.58%).
  • Foreign portfolio investors bought shares worth a net Rs 181.46 crore on Wednesday, as per provisional data.
  • Today's stock call: Berger Paints. Investors with a short-term perspective can consider buying the stock of Berger Paints at current levels.
  • 9.30 am: The BSE Sensex moved up 21 points or 0.07 per cent to 28,407.38 while the NSE Nifty was up 3.80 points at 8,479.55.
  • Trading was muted as investors turned cautious ahead of the expiry of derivates contracts today.
  • The rupee strengthened to 61.80 against the dollar in early trade today at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amid sustained foreign capital inflows.
  • 9.15 am: The Sensex was up 2.51 points at 28,388.70 while the Nifty was up 4.40 points at 8,480.15.
  • Pre-open trade: The Indian benchmark indices are likely to be volatile as investors roll over positions on expiry of November contracts.
  • On Wednesday, the Nifty ended up 12.65 points or 0.1 per cent at 8,475.75 while the Sensex gained 48.14 points or 0.2 per cent to 28,386.19.
  • Oil stocks will be in focus ahead of an OPEC meeting later today to discuss the impact of the fall in crude oil prices.
  • Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by OPEC faded.
  • Australia's Phil Hughes dies after being hit by ball

    Reuters

    File photo of Australian cricketer Phillip Hughes. Hughes died on Thursday, two days after he was struck in the head by a ball, Cricket Australia said in a tweet posted on its official page. Hughes sustained serious head injuries when struck by a short delivery during a Sheffield Shield match on Tuesday. He had emergency surgery before being placed in an induced coma. - Reuters Australian cricketer Phillip Hughes died in hospital in Sydney on Thursday, two days after the i... »

    Keen to work more with Indian businesses, says Alibaba’s Jack Ma

    Jack Ma, Executive Chairman, Alibaba, at the India-China (ZHEJIANG) Business Cooperation Conference ‎ in the Capital on Wednesday‎. - Ramesh Sharma

    Richa Mishra/ Debabrata Das

    Jack Ma, founder of China’s largest e-commerce company Alibaba, which created history with the b... »

    Jaitley on black money: committed to punishing guilty

    Finance Minister Arun Jaitley

    Our Bureau

    Finance Minister Arun Jaitley ruled out taking any “adventurist” way of revealing the name... »

    In God’s own country, laddu-jalebis won’t be the same ever again

    A store keeper displaying laddus and jalebis without added artificial colours on sale at a bakery at Thrissur. KK MUSTAFAH

    KPM Basheer

    What’s in a colour? A laddu without colour would taste as sweet (apologies to Shakespeare’s Juli... »

    Opinion

    Columns

    The Moditva model of inclusiveness

    Not his style But will the closet Hindu in Modi make a comeback? V SUDERSHAN

    Amitabha Pande

    Those waiting for Narendra Modi to show his true khaki/saffron colours must be hugely disappo... »

    Satyanarayan Iyer

    FROM THE VIEWSROOM

    Security in sleep mode

    Even as India observed the sixth anniversary of the 26/11 terrorist attack on Mumbai, a lot of g... »

    Editorial

    Blowin’ in the wind

    There is no denying that the US-China climate deal has put the spotlight on India. The world’s tw... »

    Opinion

    Banks get away cooking the books

    R Viswanathan

    It has become a sickening practice among public sector banks in particular to drastically red... »

    What does China’s rate cut mean to us?

    Guru Ramakrishnan

    In an unexpected shift in its monetary stance, the People’s Bank of China cut rates on F... »

    Agri-biz

    There’s no ducking bird flu scare for South India’s poultry industry

    V Sajeev Kumar

    The outbreak of bird flu among ducks in central Kerala has had a cascading effec... »

    Policy

    ’Humiliating treatment’ may amount to sexual harassment: Govt

    PTI

    Jitendra Singh, Minister of State for Personnel, Public Grievances and Pensions Humiliating treatment which is likely to affect women government employees’ health or safety may... »

    News

    Getting the inbox to do a little thinking for you

    Venkatesh Ganesh

    Its obituary has been written many times before, but the email has shown more resilience than th... »

    International

    Indo-Bangla border jigsaw pieces set to fall into place

    Pratim Ranjan Bose

    Akbar Ali of Madhya-mashal Danga was 15 or 16, when World War II broke out. After the tum... »
    More International »

    Economy

    CBI chief: selection panel to include leader of largest opposition party

    Shishir Sinha

    The leader of the largest opposition party in the Lok Sabha, the Congress, will now be part of t... »
    More Politics »

    News

    Modi meets Afghan President, Bhutan, Bangladesh PMs on SAARC sidelines

    PTI

    Prime Minister Narendra Modi today held bilateral talks with the Afghan President and Prime Mini... »
    More News »

    Banking

    Accurate, timely data essential to check credit worthiness: Credit Information Bureau

    Our Bureau

    Credit check (from left) MV Nair, Non-Executive Chairman, CIBIL; Shyam Srinivasan, MD and CEO, Federal Bank Ltd; and Arun Thukral, MD, CIBIL, at the fifth annual credit information conference in Chennai on Wednesday. - BIJOY GHOSH Calling for more accurate and timely submission of customer data by financial institution... »

    Today's Pick

    Berger Paints India Ltd (₹372)

    Gurumurthy K, BL Research Bureau

    Investors with a short-term perspective can consider buying the stock of Berger Paints at... »  

    Columns

    THE CHEAT SHEET

    Facebook, the newspaper of the future?

    JINOY JOSE P

    Frankly, more than half my news diet comes from FB now.

    Mine too! ... »

    National

    Don’t allow import of chicken legs: KCR tells Centre

    K V Kurmanath

    Poultry workers dressed as chicks and hen lend a dash of colour at the 8th edition of the Poultry India Show-2014, the largest in South Asia that opened in Hyderabad on Wednesday. NAGARA GOPAL The Telangana Government has asked the Union Government not to give green signal for the import... »
    More Agri-biz »

    Banking

    FinMin may rework strategy to facilitate easier education loans

    Shishir Sinha

    Students may soon find it easier to get education loans with the Finance Ministry reviewi... »
    More Banking »

    Companies

    Rane Holdings acquires more stake in SasMos

    Our Bureau

    Rane Holdings has hiked its stake in SasMos HET Technologies, a components manufacturer f... »
    More Companies »

    Economy

    Modi: Business visa for 3-5 years, immediate visa for patients from SAARC

    PTI

    Prime Minister Narendra Modi addressing the inaugural session of 18th SAARC summit at Kathmandu, Nepal. Photo: PIB Pledging to extend all possible cooperation to SAARC countries in diverse fields, Prime Minister... »

    Economy

    Managing talent is Indian CEOs’ top priority

    Sangeetha Chengappa

    Talent management has become the number one priority for Indian chief executives today. <... »

    Companies

    Godrej Tyson Foods to enter breakfast segment

    Abhishek Law

    Arabind Das, Chief Operating Officer, Godrej Tyson Foods, launching Godrej Yummiez New Chicken Nuggets and Mumbai Vada in Kolkata on Wednesday. Photo: Ashoke Chakrabarty Godrej Tyson Foods Ltd (GTFL), a 49:51 joint venture between Godrej Agrovet and the US-based Tys... »

    BL Ink

    Cover

    Waiting in the wings

    Mohini Chaudhuri

    Mukesh Chhabra (orange t-shirt), who runs a casting agency, has changed his
phone number 22 times Aram Nagar in Versova is no place of rest, it is home to ‘strugglers’ striving for their big break and indie filmmakers looking for the real deal »

    Has the Android experience gotten any sweeter with the latest version? »

    Today's poll
    Are Xiaomi and One Plus creating artificial demand by releasing limited stocks?
    Yes
    No
    Can't Say

    Be ready to dish out perks such as gym memberships, holidays and recreation rooms »

    Track your company

    Follow us on...


    Tweets @businessline

    DATA BANK

    Exchange Rate

    Dollar Spot Forward Rate

    Open-Ended Mutual Funds

    MCX-SX Currency Futures

    NSE Currency Futures

    Comments to: web.businessline@thehindu.co.in. Copyright © 2014, The Hindu Business Line.