The breadth of the market favoured advances, with 1236 stocks advancing, 462 declining and 377 remaining unchanged. On BSE, 1572 stocks advanced, 774 declined and 106 remained unchanged.
The top gainers among Nifty constituents were Tata Motors, Dr Reddy's Labs, Titan Company, Bajaj Auto and Bajaj Finance.
82 stocks hit new 52-week low including names like Ambuja Cements, Capital First, Idea Cellular, IDFC Bank and Vakrangee among others.
The market breadth was in favour of the advances with 957 stocks advancing while 668 declined and 383 remained unchanged. On the other hand, in the BSE, 1176 stocks advanced and 888 declined and 108 remained unchanged.
The market breadth was in favour of the declines with 755 stocks advancing while 940 declined and 324 remained unchanged. On the other hand, in the BSE, 1137 stocks advanced and 1467 declined and 153 remained unchanged.
The market breadth was in favour of the declines on Wednesday morning with 384 stocks advancing as against 1220 declines while 405 remained unchanged. On the other hand, 673 stocks advanced and 1463 stocks declined while 87 remained unchanged on the BSE.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy JP Associates and Bata India and can sell Canara Bank, L&T Finance, Repco Home and Bank of India.
Orders amicus curiae to set up separate portal for JAL homebuyers. Next hearing on February 5.
Shares of Jaiprakash Associates fell 5.72 percent intraday on Tuesday hitting a low of Rs 22.85 per share after the Reserve Bank of India (RBI) plans to seek Supreme Court nod to begin insolvency proceedings against the company.
The middle path may be found by bringing NBCC into the picture, writes Madhuchanda Dey.
The index took 10 sessions to bounce back from its low of 9,473.45 on 27 June to hit a fresh record high of 9,830.05 in trade today on 11 July.
CNBC-TV18 learns that joint forum of lenders may have come to an agreement on a bank wise split of debt repayment.
The Joint Lender Forum (JLF) is meeting with JP Associates as they have accepted the debt restructuring deal offered by the company.
The mid-sized private lender’s gross non-performing assets (NPAs) in absolute terms doubled to Rs 2,018.56 crore compared to Rs 1,005.9 crore in the previous quarter.
The market currently is fairly valued, but equities will always be volatile in near term, says Prashant Jain, CIO of HDFC Mutual Fund, adding that one must invest into equities at any point the market corrects due to global reasons.
Orient Cement is set to acquire 74 percent in Bhilai Cement from JP Associates. The enterprise value is Rs 1450 crore and it works out to USD 110 a tonne.
Competition Commission today imposed more than Rs 6,700 crore penalty on 11 cement companies, including ACC and Binani, for cartelisation.
From being the largest private power utility for decades, Tata Power, with 8,726 MW installed capacity at the end of March, had lost the top slot last year to Adani Power, which has 10,440 MW capacity.
Speaking to CNBC-TV18, Â Rajat Monga CFO, YES Bank says the bank has restructured two borrower's accounts in the road sector for the quarter, totalling to about 20-21 bps on the banks' loan book.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on.
HDFC, Coal India, BHEl, ICICI Bank and Hero are top losers in the Sensex. Among the gainers are Bajaj Auto, ONGC, L&T, SBI and Cipla.
The IT sector continues to lead in that five years of government but surprises come in from the auto sector, which was the second best outperformer in terms of indices.
What do you do on boring days for the Nifty? You pick out individual stocks and that is what traders are doing. That is simple; just go out and look for individual stocks and trade in them.
Exports and the rural side of the story are the only positives, says Prabhat Awasthi, Nomura Financial Advisory & Securities. But there is no structural trigger for growth to pick up till the time policy environment revives.
Nirmal Bang is bullish on TCS, while SMC has a buy on JP Associates. Anand Rathi on the other hand recommends buying YES Bank and Apollo Tyres