Market Live: Nifty extends losses, Sensex breaks 35,000; RIL, HDFC, Infosys, ITC drag. Benchmark indices were marginally higher in pre-opening trade despite global weakness.
Benchmark indices were marginally higher in pre-opening trade despite global weakness.
The share price of Thirumalai Chemicals gained 6 percent intraday Friday as recommends subdivision of equity share.
The share price of Thirumalai Chemicals gained 6 percent intraday Friday as recommends subdivision of equity share.
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The company at its meeting held on May 03 recommended to the shareholder's consideration for splitting of 1,50,00,000 equity shares of Rs 10 each in the authorized share capital of the company into 15,00,00,000 equity shares of Re 1 each.
The board also recommended a dividend of Rs 20 per share of the company.
The company posted percent growth in its Q4 net profit at Rs 29.27 crore against Rs 21.97 crore in a year ago period. Revenue of the company rose Rs 238.42 crore against Rs 280.93 crore.
Asia Update: Asia markets were subdued, with investors watching how US-China trade talks progress on Friday.
Greater China markets were subdued for the most part. The Shanghai Composite edged down 0.18 percent, while the Hang Seng Index declined 0.60 percent.
The ASX 200 was down 0.56 percent while the Kospi fell 0.58 percent.
Japan markets are closed for a holiday.
Market Update: The market extended losses, with the Sensex breaking 35,000 levels following weakness in global peers amid US-China trade talks.
The 30-share BSE Sensex was down 132.34 points at 34,970.80 and the 50-share NSE Nifty fell 40.40 points to 10639.30, dragged by index heavyweights Infosys, Reliance Industries, ITC, HDFC that were down up to 1.6 percent.
Sun Pharma, Vedanta, Asian Paints, Bajaj Auto, Wipro and Hindalco Industries among others were down 1-2 percent whereas Adani Ports, ONGC, Bharti Airtel and GAIL gained 1-2.5 percent.
Results to watch out for today are Ambuja Cements, Godrej Properties, PVR, NIIT Technologies, Bank of Maharashtra and Wockhardt.
Rupee Update: The rupee edged 2 paise lower to 62.66 against the US dollar after opening one paisa higher after the greenback weakened overseas ahead of monthly US jobs report and China-US trade meet outcome.
Forex dealers said besides selling of the American currency by exporters and banks, weakness in the dollar against other currencies as senior Chinese and US officials met in Beijing today for the second day of trade talks, supported the domestic unit.
Investors are also keeping an eye on the US employment report for April for further indications of the strength of the US labour market and inflation pressures, they added.
Yesterday, the rupee had ended marginally 2 paise higher at 66.64 against the US dollar despite a caution among investors ahead of trade talks between China and the US.
Market Opening: Benchmark indices opened flat with a negative bias following correction in global peers.
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The company posted percent growth in its Q4 net profit at Rs 29.27 crore against Rs 21.97 crore in a year ago period. Revenue of the company rose Rs 238.42 crore against Rs 280.93 crore.
Asia Update: Asia markets were subdued, with investors watching how US-China trade talks progress on Friday.
Greater China markets were subdued for the most part. The Shanghai Composite edged down 0.18 percent, while the Hang Seng Index declined 0.60 percent.
The ASX 200 was down 0.56 percent while the Kospi fell 0.58 percent.
Japan markets are closed for a holiday.
Market Update: The market extended losses, with the Sensex breaking 35,000 levels following weakness in global peers amid US-China trade talks.
The 30-share BSE Sensex was down 132.34 points at 34,970.80 and the 50-share NSE Nifty fell 40.40 points to 10639.30, dragged by index heavyweights Infosys, Reliance Industries, ITC, HDFC that were down up to 1.6 percent.
Sun Pharma, Vedanta, Asian Paints, Bajaj Auto, Wipro and Hindalco Industries among others were down 1-2 percent whereas Adani Ports, ONGC, Bharti Airtel and GAIL gained 1-2.5 percent.
Results to watch out for today are Ambuja Cements, Godrej Properties, PVR, NIIT Technologies, Bank of Maharashtra and Wockhardt.
Rupee Update: The rupee edged 2 paise lower to 62.66 against the US dollar after opening one paisa higher after the greenback weakened overseas ahead of monthly US jobs report and China-US trade meet outcome.
Forex dealers said besides selling of the American currency by exporters and banks, weakness in the dollar against other currencies as senior Chinese and US officials met in Beijing today for the second day of trade talks, supported the domestic unit.
Investors are also keeping an eye on the US employment report for April for further indications of the strength of the US labour market and inflation pressures, they added.
Yesterday, the rupee had ended marginally 2 paise higher at 66.64 against the US dollar despite a caution among investors ahead of trade talks between China and the US.
Market Opening: Benchmark indices opened flat with a negative bias following correction in global peers.
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The 30-share BSE Sensex was down 19.92 points at 35,083.22 and the 50-share NSE Nifty fell 8.70 points to 10,671.
Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra and, Infosys were under pressure.
Bharti Airtel, Bajaj Finance, and Vedanta were early gainers.
The nifty Midcap index was down 33 points. Hexaware, Castrol India, JSW Energy, HCC and Adani Power fell up to 6 percent.
PC Jeweller, Ruchi Soya, Jet Airways, Emami, L&T Finance and HFCL gained up to 5 percent.
Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra and, Infosys were under pressure.
Bharti Airtel, Bajaj Finance, and Vedanta were early gainers.
The nifty Midcap index was down 33 points. Hexaware, Castrol India, JSW Energy, HCC and Adani Power fell up to 6 percent.
PC Jeweller, Ruchi Soya, Jet Airways, Emami, L&T Finance and HFCL gained up to 5 percent.
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