Metal stocks like Jindal Steel surged 5% to close at Rs102. Vedanta gained 6% to close at Rs137.
Auto stocks like M&M gained 4% to close at Rs533 on expectation of good monsoon will improve demand.
Britannia gained 1% to close at Rs2467 today and nearly 5% in the two trading sessions. Company plans to increase prices of its products marginally in the third quarter.
Long buildup was seen in Chola Finance, DLF, UPL and Escorts while shorts were seen in L&T Finance, Indusind Bank and Marico.
Nifty futures closed positive at 10,855 with a gain of 1.15 per cent.
Bank Nifty It relatively underperformed the benchmark index and as long as it holds below 27,000, it may extend its weakness towards 26,750 and then 26,500 levels while a hold above the same level could trigger a bounceback towards 27,250 and then 27,400 levels.
Bank Nifty opened with a gap down but recovered sharply from lower levels to close near 27,000 mark. It formed a small-bodied candle on the daily scale and a bearish candle on the weekly scale, which suggests supply is visible at higher levels.
▶ HDFC appoints Srinivasan Vaidyanathan as CFO - Elets: HDFC appoints Srinivasan Vaidyanathan as CFO Elets India's leading private sector lender HDFC Bank has appointed Srinivasan Vaidyanathan as the Chief Financial Officer. GOOGLE
▶ HDFC Bank slips after management rejig - Business Standard: HDFC Bank slips after management rejig Business Standard Read more about HDFC Bank slips after management rejig on Business Standard. HDFC Bank fell 1.06% to Rs 2150.60 after the bank… GOOGLE
▶ HDFC Bank falls 2% amid management rejig; Srinivasan Vaidyanathan new CFO - Moneycontrol: HDFC Bank falls 2% amid management rejig; Srinivasan Vaidyanathan new CFO Moneycontrol The stock in last three months shed more than 10 percent. GOOGLE
▶ CCI approves HDFC's 51.2 pc stake buy in Apollo Munich Health - Daily Pioneer: CCI approves HDFC's 51.2 pc stake buy in Apollo Munich Health Daily Pioneer The Competition Commission of India Friday said it has approved mortgage major HDFC's… GOOGLE
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FM's Press Meet | 23 Aug, 19. Here are some Key Announcements : * Slowdown in Consumption is not specific to India and emerging nations. * Current Global GDP growth is expected at 3.2% & probably going to be revised downwards.
▶ HDFC Bank Limited (NYSE:HDB) Shares Sold by Commerzbank Aktiengesellschaft FI - Mayfield Recorder: HDFC Bank Limited (NYSE:HDB) Shares Sold by Commerzbank Aktiengesellschaft FI Mayfield Recorder Commerzbank Aktiengesellschaft FI trimmed its… GOOGLE
Moody's Investors Service on Friday cut India's GDP growth forecast for 2019 calendar year to 6.2 per cent from the previous estimation of 6.8 per cent. For 2020 calendar year, it reduced the estimate by a similar measure to 6.7 per cent
▶ Aramco partnering with RIL has no impact on WestCoast Refinery: Hindustan Petroleum - The Indian Express: Aramco partnering with RIL has no impact on WestCoast Refinery: Hindustan Petroleum The Indian Express Mukesh Surana, the chairman of the… GOOGLE
ok, in that case Zerodha users might not have accumulated it during suzlon getting kicked off from nifty50.
Market News Trending Companies
|Jet Airways (India) Ltd||71.40||-1.29%|
|Edelweiss Financial Services Ltd||99.65||-6.67%|
|IndusInd Bank Ltd||1310.50||-1.79%|
|HDFC Bank Ltd||2162.70||-0.43%|
|Sutlej Textiles and Industries Ltd||25.05||-2.74%|
|InterGlobe Aviation Ltd||1645.50||1.65%|
|Chambal Fertilizers & Chemicals Ltd||149.10||9.20%|
|Maruti Suzuki India Ltd||6254.35||0.68%|
|ICICI Bank Ltd||395.40||-0.81%|
|Alkem Laboratories Ltd||1772.35||1.04%|
|Apollo Tyres Ltd||165.60||0.94%|
|End of day prices|