Equity indices were in the positive zone during early hours on Friday, a day after reports said that the government is likely to roll back the recently-imposed higher tax on foreign portfolio investors.

There were also reports that the government is working on a package to streamline non-banking finance companies which have been facing a severe liquidity squeeze.

At 10:15 am, the BSE S&amp;P Sensex was up 258 points at 37,585 while the Nifty 50 edged up 77 points to 11,109. At the National Stock Exchange, all sectoral indices were in the green with Nifty financial services and realty up by 1.2 per cent each.

Among stocks, Indiabulls Housing Finance gained by 8.3 per cent to trade at Rs 481.35 per share. Power Grid Corporation was up by 2.5 per cent, UltraTech Cement by 2.1 per cent, Grasim by 2 per cent and Bharti Infratel by 1.5 per cent.

However, Tata Motors dipped by 1.7 per cent to Rs 121.90 per share while Mahindra &amp; Mahindra lost by 1.2 per cent.

Yes Bank, Hindalco and Coal India were among other prominent losers.

Meanwhile, Asian indices saw a positive start led by the Japanese Nikkei and South Korean Kospi but fresh concerns about US-China trade ties were likely to limit gains.

MSCI's broadest index of Asia Pacific shares outside Japan rose 0.2 per cent. Japan's Nikkei average advanced 0.6 per cent while South Korean stocks gained 1 per cent.&nbsp; 
&nbsp;

Equity indices were in the positive zone during early hours on Friday, a day after reports said that the government is likely to roll back the recently-imposed higher tax on foreign portfolio investors.

Equity indices were in the positive zone during early hours on Friday, a day after reports said that the government is likely to roll back the recently-imposed higher tax on foreign portfolio investors. There were also reports that the government is working on a package to streamline non-banking finance companies which have been facing a severe liquidity squeeze. At 10:15 am, the BSE S&P Sensex was up 258 points at 37,585 while the Nifty 50 edged up 77 points to 11,109. At the National Stock Exchange, all sectoral indices were in the green with Nifty financial services and realty up by 1.2 per cent each. Among stocks, Indiabulls Housing Finance gained by 8.3 per cent to trade at Rs 481.35 per share. Power Grid Corporation was up by 2.5 per cent, UltraTech Cement by 2.1 per cent, Grasim by 2 per cent and Bharti Infratel by 1.5 per cent. However, Tata Motors dipped by 1.7 per cent to Rs 121.90 per share while Mahindra & Mahindra lost by 1.2 per cent. Yes Bank, Hindalco and Coal India were among other prominent losers. Meanwhile, Asian indices saw a positive start led by the Japanese Nikkei and South Korean Kospi but fresh concerns about US-China trade ties were likely to limit gains. MSCI's broadest index of Asia Pacific shares outside Japan rose 0.2 per cent. Japan's Nikkei average advanced 0.6 per cent while South Korean stocks gained 1 per cent.

Equity indices open in green; Sensex, Nifty edge up

Indian shares ended higher on Friday led by autos and financial stocks, and recorded their first weekly gain since mid-July, after Reuters reported New Delhi was re-thinking the tax surcharge on foreign portfolio investors (FPIs).

The broader NSE Nifty ended 0.7% higher at 11,109.65, while the benchmark BSE Sensex closed up 0.68% at 37,581.91.

For the week, the NSE Nifty was up 1%, while the BSE Sensex rose 1.25%, their first positive weekly close since July 12.

India may exempt FPIs from the controversial tax on high incomes, as Finance Minister Nirmala Sitharaman faces pressure to roll back the measures introduced during the last month, sources told Reuters.

The Nifty auto index ended 1.99% higher and the financials index was up 1.54% at the closing bell.

Indiabulls Housing Finance closed up 14.8%.

Indian shares ended higher on Friday led by autos and financial stocks, and recorded their first weekly gain since mid-July, after Reuters reported New Delhi was re-thinking the tax surcharge on foreign portfolio investors (FPIs).

Indian shares ended higher on Friday led by autos and financial stocks, and recorded their first weekly gain since mid-July, after Reuters reported New Delhi was re-thinking the tax surcharge on foreign portfolio investors (FPIs). The broader NSE Nifty ended 0.7% higher at 11,109.65, while the benchmark BSE Sensex closed up 0.68% at 37,581.91. For the week, the NSE Nifty was up 1%, while the BSE Sensex rose 1.25%, their first positive weekly close since July 12. India may exempt FPIs from the controversial tax on high incomes, as Finance Minister Nirmala Sitharaman faces pressure to roll back the measures introduced during the last month, sources told Reuters. The Nifty auto index ended 1.99% higher and the financials index was up 1.54% at the closing bell. Indiabulls Housing Finance closed up 14.8%.

Nifty, Sensex post first weekly gain in five on FPI surcharge rethink

Indian shares rose marginally on Thursday, tracking gains in broader Asia, after the Reserve Bank of India's (RBI) cut interest rates by an unconventional 35 basis points, highlighting its concerns of a slowing domestic economic growth.

The broader Nifty was up 0.1 per cent at 10,866.75 as of 0407 GMT, while the benchmark BSE Sensex rose 0.11 per cent at 36,741.69.

Asian shares rallied after China limited the fall in the yuan. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.8 per cent.

The RBI repo rate cut to 5.4 per cent on Wednesday also seemed to bring some cheer to investor sentiment in the local markets, which is grappling a slowdown in consumption and a credit squeeze among shadow banks.

"The expected rate cut has happened and there are signs that the regulator is clearing the NBFC (non-banking financial company) mess," said Anand James, chief market strategist at Geojit Financial Services.

"We are coming off global challenges and there are signs of things changing." IT and auto stocks led gains among sectors.&nbsp;

The Nifty IT index was up about 1 per cent, tracking the stronger dollar, after China's move to set its official yuan midpoint below the key seven to the dollar threshold for the first time since the global financial crisis.

The Nifty auto index was up 0.73 per cent&nbsp;after industry executives met with government officials and sought tax cuts and easier access to funds to revive the ailing sector, which contributes 7 per cent to the country's GDP.

Hero Motocorp rose as much as 5 per cent&nbsp;to 2,629 rupees a share in early trading, its highest in more than five weeks, boosting the index the most.

HCL Technologies shares were also up 3.6 per cent, after the IT services company guided to a constant currency revenue growth of between 14 per cent&nbsp;and 16 per cent for this financial year.

Among losers, Cipla fell 2.8 per cent after the generic drugmaker reported a quarterly profit that missed estimates. 
&nbsp;

Indian shares rose marginally on Thursday, tracking gains in broader Asia, after the Reserve Bank of India's (RBI) cut interest rates by an unconventional 35 basis points, highlighting its concerns of a slowing domestic economic growth.

Indian shares rose marginally on Thursday, tracking gains in broader Asia, after the Reserve Bank of India's (RBI) cut interest rates by an unconventional 35 basis points, highlighting its concerns of a slowing domestic economic growth. The broader Nifty was up 0.1 per cent at 10,866.75 as of 0407 GMT, while the benchmark BSE Sensex rose 0.11 per cent at 36,741.69. Asian shares rallied after China limited the fall in the yuan. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.8 per cent. The RBI repo rate cut to 5.4 per cent on Wednesday also seemed to bring some cheer to investor sentiment in the local markets, which is grappling a slowdown in consumption and a credit squeeze among shadow banks. "The expected rate cut has happened and there are signs that the regulator is clearing the NBFC (non-banking financial company) mess," said Anand James, chief market strategist at Geojit Financial Services. "We are coming off global challenges and there are signs of things changing." IT and auto stocks led gains among sectors. The Nifty IT index was up about 1 per cent, tracking the stronger dollar, after China's move to set its official yuan midpoint below the key seven to the dollar threshold for the first time since the global financial crisis. The Nifty auto index was up 0.73 per cent after industry executives met with government officials and sought tax cuts and easier access to funds to revive the ailing sector, which contributes 7 per cent to the country's GDP. Hero Motocorp rose as much as 5 per cent to 2,629 rupees a share in early trading, its highest in more than five weeks, boosting the index the most. HCL Technologies shares were also up 3.6 per cent, after the IT services company guided to a constant currency revenue growth of between 14 per cent and 16 per cent for this financial year. Among losers, Cipla fell 2.8 per cent after the generic drugmaker reported a quarterly profit that missed estimates.

Sensex, Nifty edge higher after RBI's unconventional rate cut

Equity benchmark indices staged a smart recovery during second half of trading on Thursday with the Nifty closing above 11,000 mark.

The market rallied after reports suggested that the government is likely to roll back the recently-imposed higher tax on foreign portfolio investors (FPIs).&nbsp;

The introduction of a surcharge on higher income brackets announced in the Budget by Finance Minister Nirmala Sitharaman has led to a brisk selloff by FPIs.

At the closing bell, the BSE S&amp;P Sensex was up 637 points or 1.74 per cent at 37,327 while the Nifty 50 edged higher by 177 points or 1.63 per cent to 11,032.

All sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 3.03 per cent, realty by 1.86 per cent, IT by 1.83 per cent and PSU banks by 1.73 per cent.

Among stocks, auto companies showed gains at the bourses despite poor sales figures. Tata Motors gained by 5.62 per cent, Bajaj Auto by 3.9 per cent, Mahindra &amp; Mahindra by 3.8 per cent and Hero MotoCorp by 3.3 per cent.

HCL Tech was up by 6.6 per cent, JSW Steel by nearly 5 per cent, heavyweight Reliance Industries by 4.26 per cent, Bharat Petroleum by 3.9 per cent, Yes Bank by 2.9 per cent and Coal India by 2.8 per cent.

However, Tata Steel slipped by over 4 per cent, pharma major Cipla by 2.7 per cent, UltraTech Cements by 2.2 per cent and Indiabulls Housing Finance by nearly 1 per cent.

Meanwhile, Asian shares struggled to rally as data showed Chinese exports rose 3.3 per cent in July from a year earlier.&nbsp;

Imports also declined by less than expected, suggesting some resilience to the drawn-out US-China tariff war.

MSCI`s broadest index of Asia-Pacific shares outside Japan bounced 0.6 per cent even though it was still down more than 7 per cent over the past two weeks.&nbsp;

The Shanghai Composite index was up by 0.93 per cent, Japan`s Nikkei edged up 0.37 per cent while Hang Seng index rose 0.48 per cent.

Equity benchmark indices staged a smart recovery during second half of trading on Thursday with the Nifty closing above 11,000 mark. The market rallied after reports suggested that the government is likely to roll back the recently-imposed higher tax on foreign portfolio investors (FPIs).

Equity benchmark indices staged a smart recovery during second half of trading on Thursday with the Nifty closing above 11,000 mark. The market rallied after reports suggested that the government is likely to roll back the recently-imposed higher tax on foreign portfolio investors (FPIs). The introduction of a surcharge on higher income brackets announced in the Budget by Finance Minister Nirmala Sitharaman has led to a brisk selloff by FPIs. At the closing bell, the BSE S&P Sensex was up 637 points or 1.74 per cent at 37,327 while the Nifty 50 edged higher by 177 points or 1.63 per cent to 11,032. All sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 3.03 per cent, realty by 1.86 per cent, IT by 1.83 per cent and PSU banks by 1.73 per cent. Among stocks, auto companies showed gains at the bourses despite poor sales figures. Tata Motors gained by 5.62 per cent, Bajaj Auto by 3.9 per cent, Mahindra & Mahindra by 3.8 per cent and Hero MotoCorp by 3.3 per cent. HCL Tech was up by 6.6 per cent, JSW Steel by nearly 5 per cent, heavyweight Reliance Industries by 4.26 per cent, Bharat Petroleum by 3.9 per cent, Yes Bank by 2.9 per cent and Coal India by 2.8 per cent. However, Tata Steel slipped by over 4 per cent, pharma major Cipla by 2.7 per cent, UltraTech Cements by 2.2 per cent and Indiabulls Housing Finance by nearly 1 per cent. Meanwhile, Asian shares struggled to rally as data showed Chinese exports rose 3.3 per cent in July from a year earlier. Imports also declined by less than expected, suggesting some resilience to the drawn-out US-China tariff war. MSCI`s broadest index of Asia-Pacific shares outside Japan bounced 0.6 per cent even though it was still down more than 7 per cent over the past two weeks. The Shanghai Composite index was up by 0.93 per cent, Japan`s Nikkei edged up 0.37 per cent while Hang Seng index rose 0.48 per cent.

Sensex jumps 637 points while Nifty regains 11,000 mark

BSE Sensex rose to over 600 points touching 37,326 at around 3:15 pm on Thursday.&nbsp;

While Nifty50 recorded 11,035 by an increase of around 182 points.

The shares rose marginally on Thursday morning, tracking gains in broader Asia, after the Reserve Bank of India's (RBI) cut interest rates by an unconventional 35 basis points, highlighting its concerns of a slowing domestic economic growth.

The broader Nifty was up 0.1 per cent at 10,866.75 as of 0407 GMT, while the benchmark BSE Sensex rose 0.11 per cent at 36,741.69.

The market rallied later after reports suggested that the government is likely to roll back the recently-imposed higher tax on foreign portfolio investors (FPIs).&nbsp;

The introduction of a surcharge on higher income brackets announced in the Budget by Finance Minister Nirmala Sitharaman has led to a brisk selloff by FPIs.

All sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 3.03 per cent, realty by 1.86 per cent, IT by 1.83 per cent and PSU banks by 1.73 per cent.

Meanwhile, Asian shares struggled to rally as data showed Chinese exports rose 3.3 per cent in July from a year earlier.

Imports also declined by less than expected, suggesting some resilience to the drawn-out US-China tariff war.

MSCI`s broadest index of Asia-Pacific shares outside Japan bounced 0.6 per cent even though it was still down more than 7 per cent over the past two weeks.

The Shanghai Composite index was up by 0.93 per cent, Japan`s Nikkei edged up 0.37 per cent while Hang Seng index rose 0.48 per cent.

(With inputs from ANI)

BSE Sensex rose to over 600 points touching 37,326 at around 3:15 pm on Thursday. While Nifty50 recorded 11,035 by an increase of around 182 points. The shares rose marginally on Thursday morning, tracking gains in broader Asia, after the Reserve Bank of India's (RBI) cut interest rates by an unconventional 35 basis points, highlighting its concerns of a slowing domestic economic growth.

BSE Sensex rose to over 600 points touching 37,326 at around 3:15 pm on Thursday. While Nifty50 recorded 11,035 by an increase of around 182 points. The shares rose marginally on Thursday morning, tracking gains in broader Asia, after the Reserve Bank of India's (RBI) cut interest rates by an unconventional 35 basis points, highlighting its concerns of a slowing domestic economic growth. The broader Nifty was up 0.1 per cent at 10,866.75 as of 0407 GMT, while the benchmark BSE Sensex rose 0.11 per cent at 36,741.69. The market rallied later after reports suggested that the government is likely to roll back the recently-imposed higher tax on foreign portfolio investors (FPIs). The introduction of a surcharge on higher income brackets announced in the Budget by Finance Minister Nirmala Sitharaman has led to a brisk selloff by FPIs. All sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 3.03 per cent, realty by 1.86 per cent, IT by 1.83 per cent and PSU banks by 1.73 per cent. Meanwhile, Asian shares struggled to rally as data showed Chinese exports rose 3.3 per cent in July from a year earlier. Imports also declined by less than expected, suggesting some resilience to the drawn-out US-China tariff war. MSCI`s broadest index of Asia-Pacific shares outside Japan bounced 0.6 per cent even though it was still down more than 7 per cent over the past two weeks. The Shanghai Composite index was up by 0.93 per cent, Japan`s Nikkei edged up 0.37 per cent while Hang Seng index rose 0.48 per cent. (With inputs from ANI)

Sensex rises by 600 points, reaches 37,000

Indian shares were little changed on a volatile Wednesday as investors awaited the central bank's monetary policy decision, where it is expected to cut interest rates by 25 basis points.

The broader NSE Nifty was lower by 0.08 per cent at 10,936.50 as of 0405 GMT and the benchmark BSE Sensex was down 0.01 per cent&nbsp;at 36,966.28. Both indexes swung between marginal gains and losses in early trading.

A Reuters poll last month showed the Reserve Bank of India (RBI) would cut rates, as Asia's third-biggest economy grapples with slowing growth, higher taxes and a credit squeeze.

However, investors were wary as most banks have not passed on the central bank's rate cuts to the consumers and that there were no announcements from the RBI regarding the crisis among India's shadow banks. 
 
"The RBI has already axed rates by 75 bps but that hasn't led to any meaningful transmission in the economy as banks didn't lower rates," said Saurabh Jain, assistant vice-president (research), SMC Global Securities.

"One can sense that nothing meaningful is in the offing in policy announcement and hence may be a dampener for the markets."

The Nifty metals index was the top drag for the day as it fell 1.38 per cent, while the commodities index fell 0.7 per cent.

The public sector bank index, which was up 0.66 per cent, and the IT index that rose 0.56 per cent&nbsp;were among the gaining sectors for the day.

Among stocks, Indiabulls Housing Finance fell 7 per cent after the company reported a fall in June-quarter profit on Tuesday.

Titan Company was also among the top NSE losers, as the stock declined 3.9 per cent.

Central Bank of India rose as much as 10 per cent&nbsp;after the lender reported better-than-expected earnings on Tuesday.

Yes Bank, which rose 2.23 per cent, was the top gainer among NSE stocks. 
&nbsp;

Indian shares were little changed on a volatile Wednesday as investors awaited the central bank's monetary policy decision, where it is expected to cut interest rates by 25 basis points.

Indian shares were little changed on a volatile Wednesday as investors awaited the central bank's monetary policy decision, where it is expected to cut interest rates by 25 basis points. The broader NSE Nifty was lower by 0.08 per cent at 10,936.50 as of 0405 GMT and the benchmark BSE Sensex was down 0.01 per cent at 36,966.28. Both indexes swung between marginal gains and losses in early trading. A Reuters poll last month showed the Reserve Bank of India (RBI) would cut rates, as Asia's third-biggest economy grapples with slowing growth, higher taxes and a credit squeeze. However, investors were wary as most banks have not passed on the central bank's rate cuts to the consumers and that there were no announcements from the RBI regarding the crisis among India's shadow banks. "The RBI has already axed rates by 75 bps but that hasn't led to any meaningful transmission in the economy as banks didn't lower rates," said Saurabh Jain, assistant vice-president (research), SMC Global Securities. "One can sense that nothing meaningful is in the offing in policy announcement and hence may be a dampener for the markets." The Nifty metals index was the top drag for the day as it fell 1.38 per cent, while the commodities index fell 0.7 per cent. The public sector bank index, which was up 0.66 per cent, and the IT index that rose 0.56 per cent were among the gaining sectors for the day. Among stocks, Indiabulls Housing Finance fell 7 per cent after the company reported a fall in June-quarter profit on Tuesday. Titan Company was also among the top NSE losers, as the stock declined 3.9 per cent. Central Bank of India rose as much as 10 per cent after the lender reported better-than-expected earnings on Tuesday. Yes Bank, which rose 2.23 per cent, was the top gainer among NSE stocks.

Nifty, Sensex little changed ahead of RBI policy decision

The domestic stock market indices ended lower today even as the Reserve Bank of India announced a bigger-than-expected 35-bps rate cut.&nbsp;

The six-member monetary policy committee (MPC) of the Reserve Bank of India cut the repo rate to 5.40%, just above a 25 basis-point cut predicted by 80% of the 66 analysts polled by Reuters last month.

The broader NSE Nifty ended 0.85% lower at 10,855.50, while the benchmark BSE Sensex closed 0.77% and 286.35 points down at 36,690.50.

The public sector bank sector was the worst performer for the session, with its index closing down 3.4%, while the metals index ended 2.4% lower.

Indiabulls Housing Finance ended 13.4% in the red, while Zee Entertainment closed 2.9% higher.

(With inputs from Reuters)

The domestic stock market indices ended lower today even as the Reserve Bank of India announced a bigger-than-expected 35-bps rate cut. The six-member monetary policy committee (MPC) of the Reserve Bank of India cut the repo rate to 5.

The domestic stock market indices ended lower today even as the Reserve Bank of India announced a bigger-than-expected 35-bps rate cut. The six-member monetary policy committee (MPC) of the Reserve Bank of India cut the repo rate to 5.40%, just above a 25 basis-point cut predicted by 80% of the 66 analysts polled by Reuters last month. The broader NSE Nifty ended 0.85% lower at 10,855.50, while the benchmark BSE Sensex closed 0.77% and 286.35 points down at 36,690.50. The public sector bank sector was the worst performer for the session, with its index closing down 3.4%, while the metals index ended 2.4% lower. Indiabulls Housing Finance ended 13.4% in the red, while Zee Entertainment closed 2.9% higher. (With inputs from Reuters)

Sensex falls nearly 300 points, Nifty ended at 10,855

Indian shares reversed early losses to trade higher on Tuesday, a day after the government scrapped the special status of long-disputed Kashmir, while investors awaited the central bank's monetary policy decision scheduled on Wednesday.

The broader NSE Nifty rose 0.62% to 10,930.40 as of 0409 GMT, while the benchmark BSE Sensex was up 0.57% at 36,909.50.

India on Monday revoked a constitutional provision giving Kashmir the authority to make its own laws, potentially stoking tension in the Himalayan region, which has been a flashpoint in ties with neighbouring Pakistan.

The move further raised investor uncertainty at a time when they are already grappling with slowing economic growth and a credit squeeze.

Investors were also awaiting the Reserve Bank of India's (RBI) policy decision on Wednesday. A Reuters poll last month showed the central bank was set to cut interest rates further as the country looks to stimulate growth and spending.

Finance minister Nirmala Sitharaman also said her department would hold talks with foreign portfolio investors (FPIs) about the tax surcharge on certain high-value investments, Mint reported.

"Domestically, the negative news flow may be behind us for the time being. There is hope in markets that the government may revive the economy and they are rallying on that hope," said Neeraj Dewan, a director at Quantum Securities.

"People are expecting the RBI to cut rates and the finance minister's statements about FPIs are also giving hope."

Banks and auto indexes led gains. The Nifty public sector banks index rose 1.5%, while the auto index was up 1%.

The IT index was flat in early trade as the rupee firmed after touching a five-month low on Monday.

Indiabulls Housing Finance led the gains among NSE stocks, rising 1.8%, while Yes Bank and IndusInd Bank rose about 1.5% each. Tata Motors rose 1.8%.

Among losers, IT heavyweight Tata Consultancy Services dropped 0.7%, while Zee Entertainment Enterprises was down 1.8%

Meanwhile, Asian peers languished after the Chinese yuan fell to a 11-year low in an escalating trade war between Beijing and Washington.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.5% to its lowest level since January.

Indian shares reversed early losses to trade higher on Tuesday, a day after the government scrapped the special status of long-disputed Kashmir, while investors awaited the central bank's monetary policy decision scheduled on Wednesday.

Indian shares reversed early losses to trade higher on Tuesday, a day after the government scrapped the special status of long-disputed Kashmir, while investors awaited the central bank's monetary policy decision scheduled on Wednesday. The broader NSE Nifty rose 0.62% to 10,930.40 as of 0409 GMT, while the benchmark BSE Sensex was up 0.57% at 36,909.50. India on Monday revoked a constitutional provision giving Kashmir the authority to make its own laws, potentially stoking tension in the Himalayan region, which has been a flashpoint in ties with neighbouring Pakistan. The move further raised investor uncertainty at a time when they are already grappling with slowing economic growth and a credit squeeze. Investors were also awaiting the Reserve Bank of India's (RBI) policy decision on Wednesday. A Reuters poll last month showed the central bank was set to cut interest rates further as the country looks to stimulate growth and spending. Finance minister Nirmala Sitharaman also said her department would hold talks with foreign portfolio investors (FPIs) about the tax surcharge on certain high-value investments, Mint reported. "Domestically, the negative news flow may be behind us for the time being. There is hope in markets that the government may revive the economy and they are rallying on that hope," said Neeraj Dewan, a director at Quantum Securities. "People are expecting the RBI to cut rates and the finance minister's statements about FPIs are also giving hope." Banks and auto indexes led gains. The Nifty public sector banks index rose 1.5%, while the auto index was up 1%. The IT index was flat in early trade as the rupee firmed after touching a five-month low on Monday. Indiabulls Housing Finance led the gains among NSE stocks, rising 1.8%, while Yes Bank and IndusInd Bank rose about 1.5% each. Tata Motors rose 1.8%. Among losers, IT heavyweight Tata Consultancy Services dropped 0.7%, while Zee Entertainment Enterprises was down 1.8% Meanwhile, Asian peers languished after the Chinese yuan fell to a 11-year low in an escalating trade war between Beijing and Washington. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.5% to its lowest level since January.

Nifty, Sensex edge higher ahead of RBI's policy outcome

Domestic equity benchmark BSE Sensex lost over 600&nbsp;points in early trade on Monday.

The 30-share index was trading 36,612.90 at 9:30am.&nbsp;

Similarly, the broader NSE Nifty slumped over 160 points, to 10,832.60.

Among stocks, Yes Bank took a massive 8 per cent drop to trade at Rs 81.30 per share.&nbsp;

Tata Motors was down by 5.6 per cent, JSW Steel by 5.3 per cent, State Bank of India by 4.9 per cent and Vedanta by 4.6 per cent.

Last week on Friday, shares reversed course and ended higher led by gains in IT and auto stocks, after a media report said the government was discussing the tax surcharge on foreign portfolio investors (FPI) and its impact on markets.

India had proposed to increase taxes on those with annual incomes of more than 20 million rupees ($287,387.29) in its annual budget last month, which rattled many FPIs. Foreign investors took out $1.8 billion from Indian equities in July.

Domestic equity benchmark BSE Sensex lost over 600 points in early trade on Monday. The 30-share index was trading 36,612.90 at 9:30am. Similarly, the broader NSE Nifty slumped over 160 points, to 10,832.

Domestic equity benchmark BSE Sensex lost over 600 points in early trade on Monday. The 30-share index was trading 36,612.90 at 9:30am. Similarly, the broader NSE Nifty slumped over 160 points, to 10,832.60. Among stocks, Yes Bank took a massive 8 per cent drop to trade at Rs 81.30 per share. Tata Motors was down by 5.6 per cent, JSW Steel by 5.3 per cent, State Bank of India by 4.9 per cent and Vedanta by 4.6 per cent. Last week on Friday, shares reversed course and ended higher led by gains in IT and auto stocks, after a media report said the government was discussing the tax surcharge on foreign portfolio investors (FPI) and its impact on markets. India had proposed to increase taxes on those with annual incomes of more than 20 million rupees ($287,387.29) in its annual budget last month, which rattled many FPIs. Foreign investors took out $1.8 billion from Indian equities in July.

Sensex down over 600 points in early trade

Indian shares plunged to fresh five-month lows, led by losses in metals and public sector bank stocks, in a global selloff due to the escalating Sino-US&nbsp;trade war.

The Chinese yuan broke below the psychological 7-per-dollar threshold after US&nbsp;President Donald Trump abruptly decided on Thursday to slap 10 per cent tariffs on the remaining $300 billion in Chinese imports.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.7 per cent.

The rupee hit its weakest level since mid-May at 70.49 rupees per dollar.

Domestic investor sentiment in equities, which seemed to be upbeat on Friday after reports said the government was looking into foreign portfolio investors'&nbsp;tax concerns, returned to being bearish due to the escalating trade war.

The broader NSE Nifty was down 1.11 per cent at 10,868.25 as of 0801 GMT, while the benchmark BSE Sensex was 1.11 per cent&nbsp;lower at 36,670.62.

"The economy is in doldrums and steps taken won't give a boost in the short-term. The global economy is also doing much better than the domestic economy," said Madhumita Ghosh, Associate Dean at Tasmac Global Solutions.

"We don't see any trigger for markets to go up in the short term." Most sectors were trading in the red.

The Nifty public sector bank index plummeted as much as 5.12 per cent, while the metals index sank as much as 3.9 per cent, their lowest in over three years. The Nifty autos index slithered down about 1.9 per cent.

Nifty IT was the only index trading higher, boosted by the weak rupee.

The India volatility index shot up as much as 16.16 per cent, its highest in over two months.

Yes Bank was the top loser among the Nifty stocks and fell about 6.7 per cent, while Tata Motors was down 4.7 per cent.

Among the few gainers were Tata Consultancy Services, up 1.4 per cent, and Infosys Ltd, which rose 0.5 per cent. 
&nbsp;

Indian shares plunged to fresh five-month lows, led by losses in metals and public sector bank stocks, in a global selloff due to the escalating Sino-US trade war.

Indian shares plunged to fresh five-month lows, led by losses in metals and public sector bank stocks, in a global selloff due to the escalating Sino-US trade war. The Chinese yuan broke below the psychological 7-per-dollar threshold after US President Donald Trump abruptly decided on Thursday to slap 10 per cent tariffs on the remaining $300 billion in Chinese imports. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.7 per cent. The rupee hit its weakest level since mid-May at 70.49 rupees per dollar. Domestic investor sentiment in equities, which seemed to be upbeat on Friday after reports said the government was looking into foreign portfolio investors' tax concerns, returned to being bearish due to the escalating trade war. The broader NSE Nifty was down 1.11 per cent at 10,868.25 as of 0801 GMT, while the benchmark BSE Sensex was 1.11 per cent lower at 36,670.62. "The economy is in doldrums and steps taken won't give a boost in the short-term. The global economy is also doing much better than the domestic economy," said Madhumita Ghosh, Associate Dean at Tasmac Global Solutions. "We don't see any trigger for markets to go up in the short term." Most sectors were trading in the red. The Nifty public sector bank index plummeted as much as 5.12 per cent, while the metals index sank as much as 3.9 per cent, their lowest in over three years. The Nifty autos index slithered down about 1.9 per cent. Nifty IT was the only index trading higher, boosted by the weak rupee. The India volatility index shot up as much as 16.16 per cent, its highest in over two months. Yes Bank was the top loser among the Nifty stocks and fell about 6.7 per cent, while Tata Motors was down 4.7 per cent. Among the few gainers were Tata Consultancy Services, up 1.4 per cent, and Infosys Ltd, which rose 0.5 per cent.

Nifty, Sensex plumb fresh five-month lows in global selloff

Indian shares plunged more than 1 per cent on Friday dragged by auto and metal counters, after broader Asia took a beating following US President Donald Trump's threat to impose further tariffs on Chinese imports from next month.

Trump vowed to slap a 10% tariff on $300 billion of Chinese imports from September 1, sharply raising the stakes in a bruising trade war with China and jolting global financial markets.

The news raised investor fears of a revival of trade hostilities between Washington and Beijing, and sent MSCI's broadest index of Asia-Pacific shares outside Japan to its lowest level since mid-June.

In India, the broader NSE Nifty fell 1.17% at 10,853.90 as of 10am, while the benchmark BSE Sensex was 1.08% down at 36,629.77.

The volatility index rose as much as 10.1% to its highest level since June 3.

"Markets continue to be on the weaker side due to negative global cues and absence of any positive domestic news," said Gaurav Arora, head-Asia Pacific &amp; Middle East, Greenwich Associates.

Metals and autos were among the biggest drags on the markets. The Nifty metals index fell 1.3% after copper prices slumped to fresh lows following Trump's comments.

Vedanta Ltd shares traded lower by 2.5% tracking the fall in copper prices, while Hindalco was down 2.1%.

Meanwhile, auto investors remained bearish on the sector following a continued fall in monthly sales by major automakers. The Nifty auto index fell nearly 1%.

Sector heavyweights were trading in the red. Eicher Motors fell as much as 2.6% and Hero Motocorp was down 2.9%, while Bajaj Auto was down 1.6%.

Bharti Airtel shares rose 3.5%, after the company's average revenue per user (ARPU) rose during the first quarter. However, India's second-largest mobile operator by subscribers reported a staggering 28.66 billion rupee ($415.33 million) loss, its first quarterly loss in over a decade, on an exceptional charge.

Indian shares plunged more than 1 per cent on Friday dragged by auto and metal counters, after broader Asia took a beating following US President Donald Trump's threat to impose further tariffs on Chinese imports from next month.

Indian shares plunged more than 1 per cent on Friday dragged by auto and metal counters, after broader Asia took a beating following US President Donald Trump's threat to impose further tariffs on Chinese imports from next month. Trump vowed to slap a 10% tariff on $300 billion of Chinese imports from September 1, sharply raising the stakes in a bruising trade war with China and jolting global financial markets. The news raised investor fears of a revival of trade hostilities between Washington and Beijing, and sent MSCI's broadest index of Asia-Pacific shares outside Japan to its lowest level since mid-June. In India, the broader NSE Nifty fell 1.17% at 10,853.90 as of 10am, while the benchmark BSE Sensex was 1.08% down at 36,629.77. The volatility index rose as much as 10.1% to its highest level since June 3. "Markets continue to be on the weaker side due to negative global cues and absence of any positive domestic news," said Gaurav Arora, head-Asia Pacific & Middle East, Greenwich Associates. Metals and autos were among the biggest drags on the markets. The Nifty metals index fell 1.3% after copper prices slumped to fresh lows following Trump's comments. Vedanta Ltd shares traded lower by 2.5% tracking the fall in copper prices, while Hindalco was down 2.1%. Meanwhile, auto investors remained bearish on the sector following a continued fall in monthly sales by major automakers. The Nifty auto index fell nearly 1%. Sector heavyweights were trading in the red. Eicher Motors fell as much as 2.6% and Hero Motocorp was down 2.9%, while Bajaj Auto was down 1.6%. Bharti Airtel shares rose 3.5%, after the company's average revenue per user (ARPU) rose during the first quarter. However, India's second-largest mobile operator by subscribers reported a staggering 28.66 billion rupee ($415.33 million) loss, its first quarterly loss in over a decade, on an exceptional charge.

Nifty, Sensex slump as Trump hits China with fresh tariffs

Indian shares reversed course and ended higher on Friday, led by gains in IT and auto stocks, after a media report said the government was discussing the tax surcharge on foreign portfolio investors (FPI) and its impact on markets.

India had proposed to increase taxes on those with annual incomes of more than 20 million rupees ($287,387.29) in its annual budget last month, which rattled many FPIs. Foreign investors took out $1.8 billion from Indian equities in July.

Markets, however, ended in the red for the week as weak earnings and comments around the US&nbsp;Federal Reserve's future rate cuts and Washington's tariffs on China clouded investor sentiment.

The broader NSE Nifty ended 0.16 per cent higher at 10,997.35, while the benchmark BSE Sensex closed up 0.27 per cent at 37,118.22. For the week the NSE Nifty was 2.5 per cent&nbsp;lower and the BSE Sensex was down 1.88 per cent, recording their worst weekly fall in three weeks.

Auto stocks led gains for the day with the sector's index closing up 1.26 per cent.&nbsp;Maruti Suzuki closed up 2 per cent, while Tata Motors was up 1.3 per cent.

IT stocks were also the top boosts to markets. The Nifty IT index was up 0.6% led by gains among heavyweights Tata Consultancy Services, which closed 1.24 per cent higher and Infosys Ltd, which was up 1.3 per cent&nbsp;at the closing bell.

Among losers, Indiabulls Housing Finance ended down 7.3 per cent, while Tata Steel closed 2.8 per cent&nbsp;lower.

The volatility index was 4.33 per cent higher at the close.

Indian shares reversed course and ended higher on Friday, led by gains in IT and auto stocks, after a media report said the government was discussing the tax surcharge on foreign portfolio investors (FPI) and its impact on markets.

Indian shares reversed course and ended higher on Friday, led by gains in IT and auto stocks, after a media report said the government was discussing the tax surcharge on foreign portfolio investors (FPI) and its impact on markets. India had proposed to increase taxes on those with annual incomes of more than 20 million rupees ($287,387.29) in its annual budget last month, which rattled many FPIs. Foreign investors took out $1.8 billion from Indian equities in July. Markets, however, ended in the red for the week as weak earnings and comments around the US Federal Reserve's future rate cuts and Washington's tariffs on China clouded investor sentiment. The broader NSE Nifty ended 0.16 per cent higher at 10,997.35, while the benchmark BSE Sensex closed up 0.27 per cent at 37,118.22. For the week the NSE Nifty was 2.5 per cent lower and the BSE Sensex was down 1.88 per cent, recording their worst weekly fall in three weeks. Auto stocks led gains for the day with the sector's index closing up 1.26 per cent. Maruti Suzuki closed up 2 per cent, while Tata Motors was up 1.3 per cent. IT stocks were also the top boosts to markets. The Nifty IT index was up 0.6% led by gains among heavyweights Tata Consultancy Services, which closed 1.24 per cent higher and Infosys Ltd, which was up 1.3 per cent at the closing bell. Among losers, Indiabulls Housing Finance ended down 7.3 per cent, while Tata Steel closed 2.8 per cent lower. The volatility index was 4.33 per cent higher at the close.

Sensex, Nifty recover after report says government discussing FPI surcharge

The domestic stock market indices today traded in red led by the metal, pharma, bank, IT, infra, auto, FMCG and energy.&nbsp;

The BSE S&amp;P Sensex closed 462.80 points down at 37,018.32 while the Nifty 50 down by 138 points to 10,980.

During the afternoon trade, Sensex fell over 700 points to breach the 37,000 mark for the first time since March this year.&nbsp;The Nifty was also below the 10,900 mark.&nbsp;The rupee also fell to a five-week low against the US dollar, tracking a broad surge in the greenback.&nbsp;

Indian stocks just suffered their worst July in 17 years as the disappointment with the Budget, muted corporate earnings, ongoing credit crunch and consumption remained a drag on sentiment.&nbsp;&nbsp;

Sensex and Nifty have lost 7.04% and 7.09% during the last one month, respectively. Sensex and Nifty have lost 2.53% and 2.90% in last one week.&nbsp;

The gainers were Wipro, Infratel, Power Grid and Maruti Suzuki.

Meanwhile, Cafe Coffee Day shares hit lower circuit for the third day in a row since CCD founder VG Siddhartha mysteriously disappeared and was found dead on Wednesday.

The domestic stock market indices today traded in red led by the metal, pharma, bank, IT, infra, auto, FMCG and energy. The BSE S&P Sensex closed 462.80 points down at 37,018.

The domestic stock market indices today traded in red led by the metal, pharma, bank, IT, infra, auto, FMCG and energy. The BSE S&P Sensex closed 462.80 points down at 37,018.32 while the Nifty 50 down by 138 points to 10,980. During the afternoon trade, Sensex fell over 700 points to breach the 37,000 mark for the first time since March this year. The Nifty was also below the 10,900 mark. The rupee also fell to a five-week low against the US dollar, tracking a broad surge in the greenback. Indian stocks just suffered their worst July in 17 years as the disappointment with the Budget, muted corporate earnings, ongoing credit crunch and consumption remained a drag on sentiment. Sensex and Nifty have lost 7.04% and 7.09% during the last one month, respectively. Sensex and Nifty have lost 2.53% and 2.90% in last one week. The gainers were Wipro, Infratel, Power Grid and Maruti Suzuki. Meanwhile, Cafe Coffee Day shares hit lower circuit for the third day in a row since CCD founder VG Siddhartha mysteriously disappeared and was found dead on Wednesday.

Sensex closes 463 points down at 37,018.32, Nifty at 10,980

Equity benchmark indices were lower again during early hours on Wednesday with weak cues from global markets as investors awaiting the US Federal Reserve`s announcement on interest rates later today.

At 10:15 am, the BSE S&amp;P Sensex was down 120 points at 37,277 while the Nifty 50 slipped 44 points to 11,042.&nbsp;

At the National Stock Exchange, sectoral indices were mixed with Nifty IT and realty dropping by 1.2 per cent while PSU banks gained over 1 per cent.

Among stocks, Coffee Day Enterprises hit 20 per cent lower circuit for the second day to hit a 52-week low and traded at Rs 123.25 per share after Cafe Coffee Day founder V G Siddhartha`s body was found near the Netravathi river in Mangaluru.

IT majors too suffered from Tech Mahindra dropping by 3.6 per cent, HCL Tech by 1.1 per cent and Infosys by 1.08 per cent.&nbsp;

Axis Bank edged lower by 3.1 per cent, Britannia by 2 per cent, UltraTech Cement by 1.3 per cent and Titan by 1.1 per cent.However, Yes Bank gained over 4 per cent and IndusInd Bank by 3.7 per cent.&nbsp;

Sun Pharma, Indiabulls Housing Finance and JSW Steel showed gains of 2 to 2.5 per cent each.

Meanwhile, Asian indices were weak led by the Japanese Nikkei as profit booking was witnessed after US President Donald Trump lashed out at China before talks began on trade tariffs in Shanghai.

Hong Kong shares slid as investors mulled pessimistic signs amid a mixed set of corporate earnings ahead of the US Federal Reserve`s long-awaited interest rate cut.&nbsp;

Equity benchmark indices were lower again during early hours on Wednesday with weak cues from global markets as investors awaiting the US Federal Reserve`s announcement on interest rates later today.

Equity benchmark indices were lower again during early hours on Wednesday with weak cues from global markets as investors awaiting the US Federal Reserve`s announcement on interest rates later today. At 10:15 am, the BSE S&P Sensex was down 120 points at 37,277 while the Nifty 50 slipped 44 points to 11,042. At the National Stock Exchange, sectoral indices were mixed with Nifty IT and realty dropping by 1.2 per cent while PSU banks gained over 1 per cent. Among stocks, Coffee Day Enterprises hit 20 per cent lower circuit for the second day to hit a 52-week low and traded at Rs 123.25 per share after Cafe Coffee Day founder V G Siddhartha`s body was found near the Netravathi river in Mangaluru. IT majors too suffered from Tech Mahindra dropping by 3.6 per cent, HCL Tech by 1.1 per cent and Infosys by 1.08 per cent. Axis Bank edged lower by 3.1 per cent, Britannia by 2 per cent, UltraTech Cement by 1.3 per cent and Titan by 1.1 per cent.However, Yes Bank gained over 4 per cent and IndusInd Bank by 3.7 per cent. Sun Pharma, Indiabulls Housing Finance and JSW Steel showed gains of 2 to 2.5 per cent each. Meanwhile, Asian indices were weak led by the Japanese Nikkei as profit booking was witnessed after US President Donald Trump lashed out at China before talks began on trade tariffs in Shanghai. Hong Kong shares slid as investors mulled pessimistic signs amid a mixed set of corporate earnings ahead of the US Federal Reserve`s long-awaited interest rate cut.

Nifty sinks below 11,100 mark, Coffee Day plunges by another 20 per cent

Domestic stock market indices Sensex and Nifty gained nearly 450 points and 146 points respectively from lows to end positive on Wednesday.&nbsp;

The S&amp;P BSE Sensex fell 4.9 per cent this month to end the month at 37,481.12 and the NSE Nifty 50 closed nearly 6 per cent lower at 11,118.

Domestic indices traded lower for the better part of the day but saw a sharp surge during the last trading hour.&nbsp;

Weak corporate earnings, economic slowdown and tax issues continued to weigh down investment sentiment.

For July, the NSE Nifty was down 5.7%, its worst since September, while BSE Sensex fell 4.9% to an eight-month low.

Public sector banks and metals were top boosts, with their indexes rising 1.73% and 2.42%, respectively on Wednesday.

India`s top refiner Indian Oil Corp ended up 3.9% after the company reported a better-than-expected profit for the June quarter.

(With inputs from Reuters)

Domestic stock market indices Sensex and Nifty gained nearly 450 points and 146 points respectively from lows to end positive on Wednesday. The S&P BSE Sensex fell 4.

Domestic stock market indices Sensex and Nifty gained nearly 450 points and 146 points respectively from lows to end positive on Wednesday. The S&P BSE Sensex fell 4.9 per cent this month to end the month at 37,481.12 and the NSE Nifty 50 closed nearly 6 per cent lower at 11,118. Domestic indices traded lower for the better part of the day but saw a sharp surge during the last trading hour. Weak corporate earnings, economic slowdown and tax issues continued to weigh down investment sentiment. For July, the NSE Nifty was down 5.7%, its worst since September, while BSE Sensex fell 4.9% to an eight-month low. Public sector banks and metals were top boosts, with their indexes rising 1.73% and 2.42%, respectively on Wednesday. India`s top refiner Indian Oil Corp ended up 3.9% after the company reported a better-than-expected profit for the June quarter. (With inputs from Reuters)

Stock markets end in green but witness worst July in 17 years

Indian shares edged higher on Tuesday, tracking broader Asia ahead of a widely expected rate cut by the US Federal Reserve.

The Fed begins its two-day policy meeting later in the day, at which it is widely expected to lower interest rates by 25 basis points. If implemented, it would be the central bank's first rate cut in a decade.

The broader NSE Nifty was up 0.32 per cent at 11,224.85 as of 0455 GMT, while the benchmark BSE Sensex rose 0.31per cent to 37,803.38.

"The positive open follows mildly positive US markets on Monday and largely positive Asian markets this morning," said Deepak Jasani, senior vice president at HDFC Securities.

"Some beaten-down stocks of Monday are seeing some bounce."

Banks and financials led the gains, with the Nifty Bank index and the Nifty Finance index rising 0.5 per cent each. ICICI Bank was among the top gainers with a rise of 1.2 per cent.

State Bank of India, the country's biggest lender, tightened lending terms for auto dealers as it sought to reduce its exposure to the crisis-ridden sector, Reuters reported on Monday.

The move, however, did not dampen investor sentiment on the sector. The Nifty Auto index was up 0.4 per cent, after it touched an over three-year low on Monday.

Sector heavyweights Maruti Suzuki and Tata Motors were up 0.5 per cent and 0.8 per cent, respectively.

Dr Reddy's Laboratories, which reported better-than-expected earnings on Monday, saw its stock rise slightly over 1 per cent. Cipla Ltd was up nearly 2 per cent.

Among losers, Indiabulls Housing Finance Ltd extended its fall from Monday after a lawmaker alleged embezzlement by the company to the tune of 1 trillion rupees.

Meanwhile, shares of Coffee Day Enterprises Ltd plunged 20 per cent, after the founder and largest shareholder in the company went missing under mysterious circumstances on Monday.

Indian shares edged higher on Tuesday, tracking broader Asia ahead of a widely expected rate cut by the US Federal Reserve. The Fed begins its two-day policy meeting later in the day, at which it is widely expected to lower interest rates by 25 basis points.

Indian shares edged higher on Tuesday, tracking broader Asia ahead of a widely expected rate cut by the US Federal Reserve. The Fed begins its two-day policy meeting later in the day, at which it is widely expected to lower interest rates by 25 basis points. If implemented, it would be the central bank's first rate cut in a decade. The broader NSE Nifty was up 0.32 per cent at 11,224.85 as of 0455 GMT, while the benchmark BSE Sensex rose 0.31per cent to 37,803.38. "The positive open follows mildly positive US markets on Monday and largely positive Asian markets this morning," said Deepak Jasani, senior vice president at HDFC Securities. "Some beaten-down stocks of Monday are seeing some bounce." Banks and financials led the gains, with the Nifty Bank index and the Nifty Finance index rising 0.5 per cent each. ICICI Bank was among the top gainers with a rise of 1.2 per cent. State Bank of India, the country's biggest lender, tightened lending terms for auto dealers as it sought to reduce its exposure to the crisis-ridden sector, Reuters reported on Monday. The move, however, did not dampen investor sentiment on the sector. The Nifty Auto index was up 0.4 per cent, after it touched an over three-year low on Monday. Sector heavyweights Maruti Suzuki and Tata Motors were up 0.5 per cent and 0.8 per cent, respectively. Dr Reddy's Laboratories, which reported better-than-expected earnings on Monday, saw its stock rise slightly over 1 per cent. Cipla Ltd was up nearly 2 per cent. Among losers, Indiabulls Housing Finance Ltd extended its fall from Monday after a lawmaker alleged embezzlement by the company to the tune of 1 trillion rupees. Meanwhile, shares of Coffee Day Enterprises Ltd plunged 20 per cent, after the founder and largest shareholder in the company went missing under mysterious circumstances on Monday.

Nifty, Sensex edge higher tracking broader Asia

Indian shares reversed course to end lower on Tuesday, dragged by heavyweight Reliance Industries Ltd and banking stocks, as weak earnings continued to dampen investor sentiment.

The broader NSE Nifty ended 0.93% down at 11,085.40, its lowest close since March 8, while the benchmark BSE Sensex closed 0.77% lower at 37,397.24.

The volatility index had jumped 4.21% at the day's close.

Reliance Industries, one of India's most valuable companies, dragged markets the most as the stock was 2.4% down at closing bell.&nbsp;

The Nifty Auto index, which was higher initially, ended at 2.14% lower, its lowest level in over five years. Reuters reported on Monday the country's largest lender State Bank of India proposed to tighten lending terms to auto dealers.

SBI's shares were also 4.7% lower at the time of close, which along with most other bank stocks dragged the Nifty Bank index that ended 1.72% lower.

Cafe chain operator <a href="https://www.google.com/url?client=internal-uds-cse&amp;cx=006054055338965708568:09spwrlibei&amp;q=https://www.wionews.com/india-news/cafe-coffee-day-founder-vg-siddhartha-gone-missing-near-netravati-river-in-mangaluru-239351&amp;sa=U&amp;ved=2ahUKEwiKlpP00dzjAhXq73MBHYzNCpMQFjACegQIARAC&amp;usg=AOvVaw1pO-vcCQkeCFUXznODU8qD">Coffee Day Enterprises</a> ended 20% down after its founder went missing, while reports alleged he wrote a letter saying he was under pressure from lenders.

Among gainers, Tata Consultancy Services' shares were up 2.2%, while Bharti Airtel ended about 4% higher.

Indian shares reversed course to end lower on Tuesday, dragged by heavyweight Reliance Industries Ltd and banking stocks, as weak earnings continued to dampen investor sentiment.

Indian shares reversed course to end lower on Tuesday, dragged by heavyweight Reliance Industries Ltd and banking stocks, as weak earnings continued to dampen investor sentiment. The broader NSE Nifty ended 0.93% down at 11,085.40, its lowest close since March 8, while the benchmark BSE Sensex closed 0.77% lower at 37,397.24. The volatility index had jumped 4.21% at the day's close. Reliance Industries, one of India's most valuable companies, dragged markets the most as the stock was 2.4% down at closing bell. The Nifty Auto index, which was higher initially, ended at 2.14% lower, its lowest level in over five years. Reuters reported on Monday the country's largest lender State Bank of India proposed to tighten lending terms to auto dealers. SBI's shares were also 4.7% lower at the time of close, which along with most other bank stocks dragged the Nifty Bank index that ended 1.72% lower. Cafe chain operator Coffee Day Enterprises ended 20% down after its founder went missing, while reports alleged he wrote a letter saying he was under pressure from lenders. Among gainers, Tata Consultancy Services' shares were up 2.2%, while Bharti Airtel ended about 4% higher.

Sensex, Nifty reverse course to close lower; Reliance Industries, banks drag

Shares lost steam and moved lower on Monday clouded by weak corporate results, while bond yields fell after the finance minister's comments in a media interview that the government did not intend to review its overseas borrowing plan.

The broader NSE Nifty fell 0.4% at 11,236.65 as of 0507 GMT, while the benchmark BSE Sensex dropped 0.24% at 37,791.91.

Maruti Suzuki Ltd shares fell as much as 2.9%, despite reporting a profit that beat estimates, as the government lowered taxes on electric vehicles.

The government on Saturday slashed taxes on electric vehicles and chargers to encourage the use of more eco-friendly cars.

However, investors in auto stocks did not seem to be ecstatic about the move, as the Nifty Auto index fell 2.8% to a near 3-1/2-year low, with motorcycle makers TVS Motor and Hero Motocorp dropping as much as 3.5% each.

Vodafone Idea Ltd reported a worse-than-expected loss of 48.74 billion rupees on Friday, sending its shares down as much as 10% in morning trading.

"Sentiment is quite weak. Only a few companies are coming up with good numbers this earnings season," said Rusmik Oza, a vice president at Kotak Securities.

"That is not giving very strong confidence to the market."

India's benchmark 10-year bond yield was down 10 bps at 6.43% after falling to 6.42% immediately after the market opened on the back of Finance Minister Nirmala Sitharaman's comments.

Sitharaman also sought the central bank to cut interest rates "significantly", the Economic Times reported.

Shares in Indiabulls Housing Finance also fell as much as 9%, after a lawmaker alleged that it embezzled as much as 1 trillion rupees from the National Housing Bank and laundered the money.

Among gainers, India's second-biggest private bank ICICI Bank rose 3.6% on Monday after the lender swung to a first-quarter profit.

Shares lost steam and moved lower on Monday clouded by weak corporate results, while bond yields fell after the finance minister's comments in a media interview that the government did not intend to review its overseas borrowing plan.

Shares lost steam and moved lower on Monday clouded by weak corporate results, while bond yields fell after the finance minister's comments in a media interview that the government did not intend to review its overseas borrowing plan. The broader NSE Nifty fell 0.4% at 11,236.65 as of 0507 GMT, while the benchmark BSE Sensex dropped 0.24% at 37,791.91. Maruti Suzuki Ltd shares fell as much as 2.9%, despite reporting a profit that beat estimates, as the government lowered taxes on electric vehicles. The government on Saturday slashed taxes on electric vehicles and chargers to encourage the use of more eco-friendly cars. However, investors in auto stocks did not seem to be ecstatic about the move, as the Nifty Auto index fell 2.8% to a near 3-1/2-year low, with motorcycle makers TVS Motor and Hero Motocorp dropping as much as 3.5% each. Vodafone Idea Ltd reported a worse-than-expected loss of 48.74 billion rupees on Friday, sending its shares down as much as 10% in morning trading. "Sentiment is quite weak. Only a few companies are coming up with good numbers this earnings season," said Rusmik Oza, a vice president at Kotak Securities. "That is not giving very strong confidence to the market." India's benchmark 10-year bond yield was down 10 bps at 6.43% after falling to 6.42% immediately after the market opened on the back of Finance Minister Nirmala Sitharaman's comments. Sitharaman also sought the central bank to cut interest rates "significantly", the Economic Times reported. Shares in Indiabulls Housing Finance also fell as much as 9%, after a lawmaker alleged that it embezzled as much as 1 trillion rupees from the National Housing Bank and laundered the money. Among gainers, India's second-biggest private bank ICICI Bank rose 3.6% on Monday after the lender swung to a first-quarter profit.

Sensex, Nifty edge lower on weak earnings, finance minister's comments

Indian shares ended lower on Monday, led by losses among auto stocks, as investor caution in the wake of weak earnings continued.

The broader NSE Nifty closed down 0.84% at 11,189.20, while the benchmark BSE Sensex ended 0.52% lower at 37,686.37.

The Nifty Auto index closed 3.6% lower after a disappointing earnings season from its heavyweights and a government proposal to lower taxes on electric vehicles, which threatened the traditional sector.

Tata Motors ended 6.5% down after the company's losses nearly doubled, while Maruti Suzuki India Ltd, which reported a better-than-expected first-quarter profit on controlled costs still ended 4.2% lower

Indiabulls Housing Finance led the losers among NSE stocks, closing down 10.5% after a lawmaker alleged the company embezzled money to the tune of 1 trillion rupees ($14.53 billion).

Among gainers, ICICI Bank ended 3.3% in the black, after the lender reported lower first-quarter provisions for bad loans, which boosted its profit.

Indian shares ended lower on Monday, led by losses among auto stocks, as investor caution in the wake of weak earnings continued. The broader NSE Nifty closed down 0.

Indian shares ended lower on Monday, led by losses among auto stocks, as investor caution in the wake of weak earnings continued. The broader NSE Nifty closed down 0.84% at 11,189.20, while the benchmark BSE Sensex ended 0.52% lower at 37,686.37. The Nifty Auto index closed 3.6% lower after a disappointing earnings season from its heavyweights and a government proposal to lower taxes on electric vehicles, which threatened the traditional sector. Tata Motors ended 6.5% down after the company's losses nearly doubled, while Maruti Suzuki India Ltd, which reported a better-than-expected first-quarter profit on controlled costs still ended 4.2% lower Indiabulls Housing Finance led the losers among NSE stocks, closing down 10.5% after a lawmaker alleged the company embezzled money to the tune of 1 trillion rupees ($14.53 billion). Among gainers, ICICI Bank ended 3.3% in the black, after the lender reported lower first-quarter provisions for bad loans, which boosted its profit.

Sensex, Nifty end lower dragged by auto stocks

Equity indices continued to slip during early hours on Friday in line with their Asian peers as investors remained cautious amid corporate results season.

At 10:15 am, the BSE S&amp;P Sensex was down 101 points at 37,730 while the Nifty 50 slipped 19 points to 11,234.

At the National Stock Exchange, sectoral indices were mixed with Nifty IT, media and metal in the red while PSU banks gained 1.7 per cent.

Among stocks, Indian Oil Corporation dropped by 2.6 per cent and traded at Rs 142.75 per share. Vedanta dropped by over 2 per cent, UPL by 1.8 per cent, Bharti Airtel by 1.5 per cent and ONGC by over 1 per cent.

However, Mahindra &amp; Mahindra and Bharti Infratel edged higher by 2 per cent. The other prominent gainers were Bajaj Finserv, Indiabulls Housing Finance and Zee Entertainment.

Meanwhile, Asian stocks retreated after their US counterparts fell from record highs amid mixed corporate earning results.

Stocks fell in Japan and South Korea while China and Hong Kong opened lower as the European Central Bank unexpectedly held interest rates steady.

Uncertainties over whether Washington and Beijing will be able to settle differences over trade kept many investors on guard. Negotiators from the two sides will meet in Shanghai next week.

Equity indices continued to slip during early hours on Friday in line with their Asian peers as investors remained cautious amid corporate results season. At 10:15 am, the BSE S&P Sensex was down 101 points at 37,730 while the Nifty 50 slipped 19 points to 11,234.

Equity indices continued to slip during early hours on Friday in line with their Asian peers as investors remained cautious amid corporate results season. At 10:15 am, the BSE S&P Sensex was down 101 points at 37,730 while the Nifty 50 slipped 19 points to 11,234. At the National Stock Exchange, sectoral indices were mixed with Nifty IT, media and metal in the red while PSU banks gained 1.7 per cent. Among stocks, Indian Oil Corporation dropped by 2.6 per cent and traded at Rs 142.75 per share. Vedanta dropped by over 2 per cent, UPL by 1.8 per cent, Bharti Airtel by 1.5 per cent and ONGC by over 1 per cent. However, Mahindra & Mahindra and Bharti Infratel edged higher by 2 per cent. The other prominent gainers were Bajaj Finserv, Indiabulls Housing Finance and Zee Entertainment. Meanwhile, Asian stocks retreated after their US counterparts fell from record highs amid mixed corporate earning results. Stocks fell in Japan and South Korea while China and Hong Kong opened lower as the European Central Bank unexpectedly held interest rates steady. Uncertainties over whether Washington and Beijing will be able to settle differences over trade kept many investors on guard. Negotiators from the two sides will meet in Shanghai next week.

Sensex down over 100 points in early trade, PSU banks gain

Indian shares recovered from early losses on Friday and snapped six straight sessions of declines, driven by a rally in financial and auto stocks.

The broader NSE Nifty ended 0.29% higher at 11,284.3, while the benchmark BSE Sensex closed up 0.14% at 37,882.79. Both indexes, however, marked their third straight weekly loss.

Private-sector lender Yes Bank Ltd closed 9.6% higher and was the top percentage gainer on both indexes.&nbsp;

Bajaj Finance Ltd climbed 7.2%, while Bajaj Finserv Ltd advanced 6.7%. 
Bajaj Auto Ltd rose 2.8% after beating expectations for quarterly profit.

Eicher Motors Ltd rose 4.6% and Hero MotoCorp Ltd climbed 3.4%, pushing the Nifty Auto Index 2.2% higher.

Meanwhile, miner Vedanta Ltd fell 4.3% ahead of its quarterly results.

Indian shares recovered from early losses on Friday and snapped six straight sessions of declines, driven by a rally in financial and auto stocks. The broader NSE Nifty ended 0.

Indian shares recovered from early losses on Friday and snapped six straight sessions of declines, driven by a rally in financial and auto stocks. The broader NSE Nifty ended 0.29% higher at 11,284.3, while the benchmark BSE Sensex closed up 0.14% at 37,882.79. Both indexes, however, marked their third straight weekly loss. Private-sector lender Yes Bank Ltd closed 9.6% higher and was the top percentage gainer on both indexes. Bajaj Finance Ltd climbed 7.2%, while Bajaj Finserv Ltd advanced 6.7%. Bajaj Auto Ltd rose 2.8% after beating expectations for quarterly profit. Eicher Motors Ltd rose 4.6% and Hero MotoCorp Ltd climbed 3.4%, pushing the Nifty Auto Index 2.2% higher. Meanwhile, miner Vedanta Ltd fell 4.3% ahead of its quarterly results.

Nifty, Sensex snap losing streak; financials, auto boost

Domestic stock markets were trading marginally higher on Thursday tracking the muted trend in Asian equities amid a mixed bag of corporate earnings.&nbsp;

At 9.20 am, the benchmark Sensex Index rose 0.26% to 37944.84 points, while Nifty index rose 0.17% to 11293.80 points.

On Wednesday, the BSE S&amp;P Sensex closed 135 points lower at 37,848 while Nifty 50 plunged 60 points at 11,271. At the National Stock Exchange, all sectoral indices were in the negative territory except for FMCG and media. Nifty metal tumbled by 2.37 per cent, auto by 1.95 per cent, pharma by 1.77 per cent and PSU bank by 1.73 per cent.

At 10:00 hrs IST, the Sensex is up 307.39 points or 0.81% at 38,148, and the Nifty up 85.75 points or 0.75% at 11,355.65.&nbsp;

About 505 shares have advanced, 353 shares declined, and 42 shares are unchanged.

(With inputs from agencies)

Domestic stock markets were trading marginally higher on Thursday tracking the muted trend in Asian equities amid a mixed bag of corporate earnings. At 9.20 am, the benchmark Sensex Index rose 0.

Domestic stock markets were trading marginally higher on Thursday tracking the muted trend in Asian equities amid a mixed bag of corporate earnings. At 9.20 am, the benchmark Sensex Index rose 0.26% to 37944.84 points, while Nifty index rose 0.17% to 11293.80 points. On Wednesday, the BSE S&P Sensex closed 135 points lower at 37,848 while Nifty 50 plunged 60 points at 11,271. At the National Stock Exchange, all sectoral indices were in the negative territory except for FMCG and media. Nifty metal tumbled by 2.37 per cent, auto by 1.95 per cent, pharma by 1.77 per cent and PSU bank by 1.73 per cent. At 10:00 hrs IST, the Sensex is up 307.39 points or 0.81% at 38,148, and the Nifty up 85.75 points or 0.75% at 11,355.65. About 505 shares have advanced, 353 shares declined, and 42 shares are unchanged. (With inputs from agencies)

Markets on a positive note: Sensex gains 300 points, Nifty around 11,350

Equities traded with a negative bias on Thursday and closed lower for sixth consecutive trading session ahead of the July futures and options (F&amp;O) expiry.

The BSE S&amp;P Sensex closed 17 points lower at 37,831 while the Nifty 50 was down 19 points at 11,252.At the National Stock Exchange, sectoral indices were mixed.&nbsp;

While Nifty pharma gained over 2 per cent and media by over 1 per cent, auto, FMCG, metal and PSU bank were in the red with thin margins.Among stocks, Tata Motors skidded 4.79 per cent lower.&nbsp;

Bajaj Finance was down by 4.3 per cent and Bajaj Finserv by 4.2 per cent.&nbsp;

Coal India closed 3.3 per cent lower, JSW Steel by 2.5 per cent and Bharat Petroleum by 2.3 per cent.

Besides, heavyweight Reliance Industries plunged 1.91 per cent to Rs 1,235 per share. UPL, Yes Bank and NTPC too closed in the negative zone.

However, mining major Vedanta gained over 4.4 per cent and pharma firm Cipla by 3.5 per cent.&nbsp;

The other gainers were Zee Entertainment, Sun Pharma and IndusInd Bank which moved up between 2.4 and 3.2 per cent.

Meanwhile, Asian shares shrugged off a tech-fueled rally on Wall Street a day earlier and saw muted trading on Thursday amid a mixed picture for corporate earnings.

Benchmark indexes nudged higher in Japan, Hong Kong and China but declined in South Korea.

Investors have generally been encouraged in recent days by hopes of some headway in trade negotiations between the United States and China.

There are also expectations that the European Central Bank and the US Federal Reserve will ease monetary policy soon.

Equities traded with a negative bias on Thursday and closed lower for sixth consecutive trading session ahead of the July futures and options (F&O) expiry. The BSE S&P Sensex closed 17 points lower at 37,831 while the Nifty 50 was down 19 points at 11,252.

Equities traded with a negative bias on Thursday and closed lower for sixth consecutive trading session ahead of the July futures and options (F&O) expiry. The BSE S&P Sensex closed 17 points lower at 37,831 while the Nifty 50 was down 19 points at 11,252.At the National Stock Exchange, sectoral indices were mixed. While Nifty pharma gained over 2 per cent and media by over 1 per cent, auto, FMCG, metal and PSU bank were in the red with thin margins.Among stocks, Tata Motors skidded 4.79 per cent lower. Bajaj Finance was down by 4.3 per cent and Bajaj Finserv by 4.2 per cent. Coal India closed 3.3 per cent lower, JSW Steel by 2.5 per cent and Bharat Petroleum by 2.3 per cent. Besides, heavyweight Reliance Industries plunged 1.91 per cent to Rs 1,235 per share. UPL, Yes Bank and NTPC too closed in the negative zone. However, mining major Vedanta gained over 4.4 per cent and pharma firm Cipla by 3.5 per cent. The other gainers were Zee Entertainment, Sun Pharma and IndusInd Bank which moved up between 2.4 and 3.2 per cent. Meanwhile, Asian shares shrugged off a tech-fueled rally on Wall Street a day earlier and saw muted trading on Thursday amid a mixed picture for corporate earnings. Benchmark indexes nudged higher in Japan, Hong Kong and China but declined in South Korea. Investors have generally been encouraged in recent days by hopes of some headway in trade negotiations between the United States and China. There are also expectations that the European Central Bank and the US Federal Reserve will ease monetary policy soon.

Equity indices end flat after volatile trading, Tata Motors skids 4.8%

Equities traded lower during early hours on Wednesday amid weak global cues with auto and realty indices showing the most losses.

The International Monetary Fund (IMF) cut its growth forecasts for the global economy for this year and the next.&nbsp;

Global growth is forecast at 3.2 per cent in 2019, picking up to 3.5 per cent in 2020 -- 0.1 per cent point lower than in April projections for both years.

At 10:15 am, the BSE S&amp;P Sensex was down 197 points at 37,786 while the Nifty 50 slipped 71 points to 11,260.

Except for financial services, all sectoral indices at the National Stock Exchange were in the red.&nbsp;

Nifty metal was down 1.21 per cent, auto 1.17 per cent and realty 1.16 per cent.

Among stocks, Bharat Petroleum Corporation edged 3.2 per cent lower while Vedanta was down 2 per cent. Eicher Motors, JSW Steel and Britannia were down by over 1.6 per cent each.

However, HDFC gained 1.6 per cent while Yes Bank moved up by 1.5 per cent. The other gainers were Larsen &amp; Toubro and Hindustan Lever.

Meanwhile, most stocks rose in Asia after reports that the United States and China will resume trade talks next week with US Trade Representative Robert Lighthizer travelling to Shanghai.

Japan`s Nikkei added 0.5 per cent, MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.4 per cent and Chinese blue chips climbed 1.2 per cent.&nbsp; 
&nbsp;

Equities traded lower during early hours on Wednesday amid weak global cues with auto and realty indices showing the most losses. The International Monetary Fund (IMF) cut its growth forecasts for the global economy for this year and the next.

Equities traded lower during early hours on Wednesday amid weak global cues with auto and realty indices showing the most losses. The International Monetary Fund (IMF) cut its growth forecasts for the global economy for this year and the next. Global growth is forecast at 3.2 per cent in 2019, picking up to 3.5 per cent in 2020 -- 0.1 per cent point lower than in April projections for both years. At 10:15 am, the BSE S&P Sensex was down 197 points at 37,786 while the Nifty 50 slipped 71 points to 11,260. Except for financial services, all sectoral indices at the National Stock Exchange were in the red. Nifty metal was down 1.21 per cent, auto 1.17 per cent and realty 1.16 per cent. Among stocks, Bharat Petroleum Corporation edged 3.2 per cent lower while Vedanta was down 2 per cent. Eicher Motors, JSW Steel and Britannia were down by over 1.6 per cent each. However, HDFC gained 1.6 per cent while Yes Bank moved up by 1.5 per cent. The other gainers were Larsen & Toubro and Hindustan Lever. Meanwhile, most stocks rose in Asia after reports that the United States and China will resume trade talks next week with US Trade Representative Robert Lighthizer travelling to Shanghai. Japan`s Nikkei added 0.5 per cent, MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.4 per cent and Chinese blue chips climbed 1.2 per cent.

Nifty slips below 11,300 mark, auto and realty stocks drag

Equities traded lower during early hours on Wednesday amid weak global cues with auto and realty indices showing the most losses.

The International Monetary Fund (IMF) cut its growth forecasts for the global economy for this year and the next. Global growth is forecast at 3.2 per cent in 2019, picking up to 3.5 per cent in 2020 — 0.1 per cent point lower than in April projections for both years.

At 10:15 am, the BSE S&amp;P Sensex was down 197 points at 37,786 while the Nifty 50 slipped 71 points to 11,260.

Except for financial services, all sectoral indices at the National Stock Exchange were in the red.&nbsp;

The Nifty metal was down 1.21 per cent, auto 1.17 per cent and realty 1.16 per cent.

Among stocks, Bharat Petroleum Corporation edged 3.2 per cent lower while Vedanta was down 2 per cent. Eicher Motors, JSW Steel and Britannia were down by over 1.6 per cent each.

However, HDFC gained 1.6 per cent while Yes Bank moved up by 1.5 per cent. The other gainers were Larsen &amp; Toubro, Hindustan Lever and Zee Entertainment.

Meanwhile, most stocks rose in Asia after reports that the United States and China will resume trade talks next week with US Trade Representative Robert Lighthizer travelling to Shanghai.

Japan's Nikkei added 0.5 per cent, MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.4 per cent and Chinese blue chips climbed 1.2 per cent.

Equities traded lower during early hours on Wednesday amid weak global cues with auto and realty indices showing the most losses. The International Monetary Fund (IMF) cut its growth forecasts for the global economy for this year and the next. Global growth is forecast at 3.2 per cent in 2019, picking up to 3.5 per cent in 2020 — 0.1 per cent point lower than in April projections for both years. At 10:15 am, the BSE S&P Sensex was down 197 points at 37,786 while the Nifty 50 slipped 71 points to 11,260. Except for financial services, all sectoral indices at the National Stock Exchange were in the red. The Nifty metal was down 1.21 per cent, auto 1.17 per cent and realty 1.16 per cent. Among stocks, Bharat Petroleum Corporation edged 3.2 per cent lower while Vedanta was down 2 per cent. Eicher Motors, JSW Steel and Britannia were down by over 1.6 per cent each. However, HDFC gained 1.6 per cent while Yes Bank moved up by 1.5 per cent. The other gainers were Larsen & Toubro, Hindustan Lever and Zee Entertainment. Meanwhile, most stocks rose in Asia after reports that the United States and China will resume trade talks next week with US Trade Representative Robert Lighthizer travelling to Shanghai. Japan's Nikkei added 0.5 per cent, MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.4 per cent and Chinese blue chips climbed 1.2 per cent.

Indian shares marked their worst losing streak since mid-May on Wednesday after the International Monetary Fund (IMF) cut its annual growth forecast for the country, with losses seen across the board.

The broader NSE Nifty ended 0.53% lower at 11,271.3, while the benchmark BSE Sensex closed down 0.36% at 37,847.65. This was the indexes` fifth straight session of losses.

Port infrastructure company Adani Ports and Special Economic Zone Ltd declined 4.7% and was the top percentage loser on the NSE Nifty, while shadow bank Indiabulls Housing Finance Ltd fell 4.5% to its lowest close in nearly four weeks.

Meanwhile, shares of Interglobe Aviation Ltd, the owner of India`s top airline IndiGo, recovered from early losses to close 4.7% higher after TV channels reported that promoters of the airline had called a truce.

Zee Entertainment Enterprises Ltd led the 10 components of the Nifty 50 index that ended in the green, closing up 5.2% after reporting a jump in quarterly profit.

Indian shares marked their worst losing streak since mid-May on Wednesday after the International Monetary Fund (IMF) cut its annual growth forecast for the country, with losses seen across the board.

Indian shares marked their worst losing streak since mid-May on Wednesday after the International Monetary Fund (IMF) cut its annual growth forecast for the country, with losses seen across the board. The broader NSE Nifty ended 0.53% lower at 11,271.3, while the benchmark BSE Sensex closed down 0.36% at 37,847.65. This was the indexes` fifth straight session of losses. Port infrastructure company Adani Ports and Special Economic Zone Ltd declined 4.7% and was the top percentage loser on the NSE Nifty, while shadow bank Indiabulls Housing Finance Ltd fell 4.5% to its lowest close in nearly four weeks. Meanwhile, shares of Interglobe Aviation Ltd, the owner of India`s top airline IndiGo, recovered from early losses to close 4.7% higher after TV channels reported that promoters of the airline had called a truce. Zee Entertainment Enterprises Ltd led the 10 components of the Nifty 50 index that ended in the green, closing up 5.2% after reporting a jump in quarterly profit.

Nifty, Sensex close lower for fifth day after IMF cuts growth forecast

Indian shares settled lower for a fourth straight session on Tuesday, weighed down by losses in financial stocks, with State Bank of India closing at an over one-month low.

The broader NSE Nifty ended 0.13% lower at 11,331.05, while the benchmark BSE Sensex closed down 0.13% at 37,982.74. Both closed at their lowest since mid-May.

State Bank of India dropped 2.5% and was the biggest percentage loser on both the indexes. The Nifty PSU Bank index fell 3.1%.

HDFC Bank Ltd, the country's biggest lender by market value, slipped 1.5% while its largest shareholder Housing Development Finance Corporation Ltd fell 2.2%.

Power Grid Corporation of India Ltd was the top gainer, closing 3.1% higher.

Indian shares settled lower for a fourth straight session on Tuesday, weighed down by losses in financial stocks, with State Bank of India closing at an over one-month low.

Indian shares settled lower for a fourth straight session on Tuesday, weighed down by losses in financial stocks, with State Bank of India closing at an over one-month low. The broader NSE Nifty ended 0.13% lower at 11,331.05, while the benchmark BSE Sensex closed down 0.13% at 37,982.74. Both closed at their lowest since mid-May. State Bank of India dropped 2.5% and was the biggest percentage loser on both the indexes. The Nifty PSU Bank index fell 3.1%. HDFC Bank Ltd, the country's biggest lender by market value, slipped 1.5% while its largest shareholder Housing Development Finance Corporation Ltd fell 2.2%. Power Grid Corporation of India Ltd was the top gainer, closing 3.1% higher.

Sensex, Nifty close lowest since mid-May, financials hurt most

The key Indian equity indices opened on a negative note on Monday, with the BSE Sensex losing over 250 points.

At 10:30 am Sensex is trading 249 points, or 0.65%, lower at 38,088, with Bajaj Finance, HDFC Bank, HDFC, IndusInd Bank, and Kotak Bank among the top losers. The broader Nifty50 index cracked 60 points,or 0.52%, to 11,360.

All the Nifty sectoral indices, except Nifty IT and Nifty Metal indexes, were trading in the red. While Nifty Realty index bled the most 2.07 per cent, Nifty PSU Bank, Nifty Private Bank, and Nifty Bank indexes were all down over 1 per cent.

In the broader market, the S&amp;P BSE MidCap index was down 164 points, or 1.17 per cent, to 13,914, while the S&amp;P BSE SmallCap index was down 206 points, or 1.54 per cent, to 13,104.

The key Indian equity indices opened on a negative note on Monday, with the BSE Sensex losing over 250 points. At 10:30 am Sensex is trading 249 points, or 0.65%, lower at 38,088, with Bajaj Finance, HDFC Bank, HDFC, IndusInd Bank, and Kotak Bank among the top losers.

The key Indian equity indices opened on a negative note on Monday, with the BSE Sensex losing over 250 points. At 10:30 am Sensex is trading 249 points, or 0.65%, lower at 38,088, with Bajaj Finance, HDFC Bank, HDFC, IndusInd Bank, and Kotak Bank among the top losers. The broader Nifty50 index cracked 60 points,or 0.52%, to 11,360. All the Nifty sectoral indices, except Nifty IT and Nifty Metal indexes, were trading in the red. While Nifty Realty index bled the most 2.07 per cent, Nifty PSU Bank, Nifty Private Bank, and Nifty Bank indexes were all down over 1 per cent. In the broader market, the S&P BSE MidCap index was down 164 points, or 1.17 per cent, to 13,914, while the S&P BSE SmallCap index was down 206 points, or 1.54 per cent, to 13,104.

Sensex sheds over 250 points as equity indices open in red

Indian shares ended lower for a third straight session on Monday as financial stocks took a beating, with HDFC Bank Ltd closing at an over two-month low after quarterly provisions surged and asset quality deteriorated.

The broader NSE Nifty ended 0.64% lower at 11,346.2, while the benchmark BSE Sensex closed down 0.8% at 38,031.13. Both indexes marked their worst closing levels since mid-May.

Lending bellwether HDFC Bank, down 3.1%, was among the top drags on the indexes, after provisions jumped over 60%, gross bad loans ticked up, and loan growth slowed.

Housing Development Finance Corporation Ltd, which holds the biggest stake in HDFC Bank, was the biggest percentage loser on the indexes, closing 5.1% lower.

Meanwhile, Yes Bank Ltd surged 9.5% and miner Vedanta Ltd advanced 3.7%.

Indian shares ended lower for a third straight session on Monday as financial stocks took a beating, with HDFC Bank Ltd closing at an over two-month low after quarterly provisions surged and asset quality deteriorated.

Indian shares ended lower for a third straight session on Monday as financial stocks took a beating, with HDFC Bank Ltd closing at an over two-month low after quarterly provisions surged and asset quality deteriorated. The broader NSE Nifty ended 0.64% lower at 11,346.2, while the benchmark BSE Sensex closed down 0.8% at 38,031.13. Both indexes marked their worst closing levels since mid-May. Lending bellwether HDFC Bank, down 3.1%, was among the top drags on the indexes, after provisions jumped over 60%, gross bad loans ticked up, and loan growth slowed. Housing Development Finance Corporation Ltd, which holds the biggest stake in HDFC Bank, was the biggest percentage loser on the indexes, closing 5.1% lower. Meanwhile, Yes Bank Ltd surged 9.5% and miner Vedanta Ltd advanced 3.7%.

Nifty, Sensex close lower as HDFC Bank drags

Equity benchmark indices erased opening gains in early hours on Friday due to profit booking with the Nifty auto dropping 1.3 per cent.

At 10:15 am, the BSE S&amp;P Sensex was down 238 points at 38,660 while the Nifty 50 slipped 69 points to 11,528. At the National Stock Exchange, all sectoral indices were in the red.

Among stocks, Yes Bank continued its downward slide and dipped 2 per cent lower at Rs 84.05 per share. In the auto sector, Mahindra &amp; Mahindra and Hero MotoCorp between 1.3 per cent and 1.9 per cent respectively.

The other prominent losers were Maruti, GAIL, Indian Oil, ONGC, Bajaj Finance and Bajaj Finserv.

However, UltraTech Cement gained 1.7 per cent to Rs 4,680 per share. Titan, Powergrid, Vedanta and Tata Steel showed marginal gains.

Meanwhile, Asian stocks advanced after a top Federal Reserve official cemented expectations of a US interest rate cut later this month.

The Shanghai Composite Index and Hong Kong's Hang Seng were both up 1 per cent. South Korea's KOSPI also rose 1 per cent and Japan's Nikkei advanced 1.65 per cent.&nbsp; 
&nbsp;

Equity benchmark indices erased opening gains in early hours on Friday due to profit booking with the Nifty auto dropping 1.3 per cent. At 10:15 am, the BSE S&P Sensex was down 238 points at 38,660 while the Nifty 50 slipped 69 points to 11,528.

Equity benchmark indices erased opening gains in early hours on Friday due to profit booking with the Nifty auto dropping 1.3 per cent. At 10:15 am, the BSE S&P Sensex was down 238 points at 38,660 while the Nifty 50 slipped 69 points to 11,528. At the National Stock Exchange, all sectoral indices were in the red. Among stocks, Yes Bank continued its downward slide and dipped 2 per cent lower at Rs 84.05 per share. In the auto sector, Mahindra & Mahindra and Hero MotoCorp between 1.3 per cent and 1.9 per cent respectively. The other prominent losers were Maruti, GAIL, Indian Oil, ONGC, Bajaj Finance and Bajaj Finserv. However, UltraTech Cement gained 1.7 per cent to Rs 4,680 per share. Titan, Powergrid, Vedanta and Tata Steel showed marginal gains. Meanwhile, Asian stocks advanced after a top Federal Reserve official cemented expectations of a US interest rate cut later this month. The Shanghai Composite Index and Hong Kong's Hang Seng were both up 1 per cent. South Korea's KOSPI also rose 1 per cent and Japan's Nikkei advanced 1.65 per cent.

Sensex drops 237 points on profit-booking, Nifty below 11,600

<a href="https://www.wionews.com/business-economy/sensex-tanks-over-500-points-auto-stock-suffer-the-most-237078">Indian shares fell sharply on Friday afternoon</a> to close at their worst levels since mid-May, as investors fretted over weak corporate earnings and the government's refusal to tweak the surcharge on foreign investors.

The broader NSE Nifty dropped 1.53 per cent to 11,419.25, while the benchmark BSE&nbsp;Sensex&nbsp;closed 1.44 per cent lower at 38,337.01. The indexes posted their second straight weekly loss.

Whatever hopes there were around the finance minister removing the surcharge on foreign investors have been dashed, said Neeraj Dewan, a director with Quantum Securities, New Delhi, adding that sentiment had also been dampened by weak earnings by some lenders.

Finance Minister Nirmala Sitharaman said on Thursday that foreign portfolio investors could instead register as companies to avoid a new tax surcharge imposed on individual tax payers as well as trusts in the budget for the fiscal year that began on April 1.

Corporate earnings for the June quarter have also failed to impress investors, with several lenders flagging stress in their books. IT heavyweight Tata Consultancy Services Ltd, which kicked off the results season last week, also reported lower margins.

Financial and auto stocks accounted for most of the losses.

Bajaj Finance Ltd declined 4.2 per cent, while Indiabulls Housing Finance Ltd dropped 3.7 per cent.

RBL Bank Ltd plunged 13.7 per cent to its lowest close since Oct. 29 after the lender highlighted risks to its asset quality, despite reporting a 41 per cent&nbsp;jump in quarterly profit.

Larger rival Yes Bank Ltd reported a weak quarter earlier this week, sparking a sell-off in its stock. Its shares declined 3 per cent&nbsp;in the current session.

Auto maker Mahindra and Mahindra Ltd was the biggest loser in the market, sliding 4.4 per cent to its lowest close since Feb. 2016, while peers Tata Motors Ltd and Eicher Motors Ltd dropped 3.7 per cent-4 per cent, driving the Nifty Auto index 3.3 per cent lower.

Meanwhile, electricity producer NTPC Ltd was the top gainer among the seven stocks in the green on the NSE Nifty, closing 2.2 per cent higher.

The Mumbai market moved inversely to its global peers, which rose as investors bet on a US&nbsp;interest rate cut at the end of July after a speech by a top Federal Reserve official further cemented expectations for one. 
&nbsp;

Indian shares fell sharply on Friday afternoon to close at their worst levels since mid-May, as investors fretted over weak corporate earnings and the government's refusal to tweak the surcharge on foreign investors.

Indian shares fell sharply on Friday afternoon to close at their worst levels since mid-May, as investors fretted over weak corporate earnings and the government's refusal to tweak the surcharge on foreign investors. The broader NSE Nifty dropped 1.53 per cent to 11,419.25, while the benchmark BSE Sensex closed 1.44 per cent lower at 38,337.01. The indexes posted their second straight weekly loss. Whatever hopes there were around the finance minister removing the surcharge on foreign investors have been dashed, said Neeraj Dewan, a director with Quantum Securities, New Delhi, adding that sentiment had also been dampened by weak earnings by some lenders. Finance Minister Nirmala Sitharaman said on Thursday that foreign portfolio investors could instead register as companies to avoid a new tax surcharge imposed on individual tax payers as well as trusts in the budget for the fiscal year that began on April 1. Corporate earnings for the June quarter have also failed to impress investors, with several lenders flagging stress in their books. IT heavyweight Tata Consultancy Services Ltd, which kicked off the results season last week, also reported lower margins. Financial and auto stocks accounted for most of the losses. Bajaj Finance Ltd declined 4.2 per cent, while Indiabulls Housing Finance Ltd dropped 3.7 per cent. RBL Bank Ltd plunged 13.7 per cent to its lowest close since Oct. 29 after the lender highlighted risks to its asset quality, despite reporting a 41 per cent jump in quarterly profit. Larger rival Yes Bank Ltd reported a weak quarter earlier this week, sparking a sell-off in its stock. Its shares declined 3 per cent in the current session. Auto maker Mahindra and Mahindra Ltd was the biggest loser in the market, sliding 4.4 per cent to its lowest close since Feb. 2016, while peers Tata Motors Ltd and Eicher Motors Ltd dropped 3.7 per cent-4 per cent, driving the Nifty Auto index 3.3 per cent lower. Meanwhile, electricity producer NTPC Ltd was the top gainer among the seven stocks in the green on the NSE Nifty, closing 2.2 per cent higher. The Mumbai market moved inversely to its global peers, which rose as investors bet on a US interest rate cut at the end of July after a speech by a top Federal Reserve official further cemented expectations for one.

Nifty, Sensex see heavy selloff, close at worst levels since mid-May

nifty

Nifty, News on Nifty, stories on Nifty, articles on Nifty, Nifty stories at Wion, Nifty news, Nifty latest news