NTPC, Tata Motors, and Hindalco are the top gainers, while Yes Bank, Hero MotoCorp, and Titan continue to be the top losers.
Buzzing: Share price of HIL rose 6 percent as the company completed the acquisition of Germany based Parador Holdings GmbH.
The company through its wholly owned subsidiary, HIL International GmbH, Germany has completed the acquisition of Parador Holdings GmbH after receiving all necessary regulatory approvals including anti-trust approvals from the German Federal Republic.
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The all-cash consideration is being funded by HIL through a combination of Euro debt, INR debt, and internal accruals.
Market Update: Bulls are getting the momentum back in their favor. The Sensex is up over 100 points, while the Nifty is managing comfortably to stay above 11,700.
The Sensex is up 140.60 points or 0.36% at 38834.71, while the Nifty is up 40.10 points or 0.34% at 11732.10. The market breadth is positive as 1,059 shares advanced, against a decline of 1,056 shares, while 133 shares were unchanged.
NTPC, Tata Motors, and Hindalco are the top gainers, while Yes Bank, Hero MotoCorp, and Titan continue to be the top losers.
Market Update: After opening at fresh record highs, equities have erased some of their gains on the back of selling in banks. The Bank Nifty is down one-third of a percent. Weakness in midcaps, too, has weighed on the indices.
The Nifty is now trading just above 11,700-mark. Other sectoral gainers include pharmaceuticals, IT and energy names. Among stocks, shares of Jet Airways rose 3 percent, even as the airline reported a loss of Rs 1,300 crore for the June quarter.
Meanwhile, RIL has hit another milestone, touching Rs 1,300 apiece.
The Sensex is up 80.75 points or 0.21% at 38774.86, while the Nifty is up 24.00 points or 0.21% at 11716.00. The market breadth is narrow as 913 shares advanced, against a decline of 909 shares, while 108 shares were unchanged.
Market Opens: It’s another record high start for the market on Tuesday morning, with the Nifty hitting 11,700 for the first time, while the Sensex rose over 150 points to hit another record high in the opening trade.
The Sensex is up 182.75 points or 0.47% at 38876.86, while the Nifty is up 56.30 points or 0.48% at 11748.30. The market breadth is positive as 602 shares advanced, against a decline of 216 shares, while 47 shares were unchanged.
Among top gainers are Kotak Mahindra Bank, M&M, HDFC, Lupin and Page Industries, while Yes Bank, HPCL, Titan, and BPCL have lost the most.
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The Sensex is up 140.60 points or 0.36% at 38834.71, while the Nifty is up 40.10 points or 0.34% at 11732.10. The market breadth is positive as 1,059 shares advanced, against a decline of 1,056 shares, while 133 shares were unchanged.
NTPC, Tata Motors, and Hindalco are the top gainers, while Yes Bank, Hero MotoCorp, and Titan continue to be the top losers.
Market Update: After opening at fresh record highs, equities have erased some of their gains on the back of selling in banks. The Bank Nifty is down one-third of a percent. Weakness in midcaps, too, has weighed on the indices.
The Nifty is now trading just above 11,700-mark. Other sectoral gainers include pharmaceuticals, IT and energy names. Among stocks, shares of Jet Airways rose 3 percent, even as the airline reported a loss of Rs 1,300 crore for the June quarter.
Meanwhile, RIL has hit another milestone, touching Rs 1,300 apiece.
The Sensex is up 80.75 points or 0.21% at 38774.86, while the Nifty is up 24.00 points or 0.21% at 11716.00. The market breadth is narrow as 913 shares advanced, against a decline of 909 shares, while 108 shares were unchanged.
Market Opens: It’s another record high start for the market on Tuesday morning, with the Nifty hitting 11,700 for the first time, while the Sensex rose over 150 points to hit another record high in the opening trade.
The Sensex is up 182.75 points or 0.47% at 38876.86, while the Nifty is up 56.30 points or 0.48% at 11748.30. The market breadth is positive as 602 shares advanced, against a decline of 216 shares, while 47 shares were unchanged.
Among top gainers are Kotak Mahindra Bank, M&M, HDFC, Lupin and Page Industries, while Yes Bank, HPCL, Titan, and BPCL have lost the most.
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Rupee Opens: The Indian rupee opened higher by 14 paise at 70.02 per dollar on Tuesday versus previous close 70.16.
Rupee consolidated in abroad range for the tenth consecutive sessions despite weakness in the dollar against its major crosses. Yesterday, the dollar was weighed down after US and Mexico agreed to overhaul the NAFTA, putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact, said Motilal Oswal.
US president threatened he still could put tariffs on Canadian-made cars if Canada did not join its neighbors and warned he expected concessions on Canada’s dairy protections.
Today, USD-INR pair is expected to quote in the range of 69.80 and 70.20, it added.
Rupee consolidated in abroad range for the tenth consecutive sessions despite weakness in the dollar against its major crosses. Yesterday, the dollar was weighed down after US and Mexico agreed to overhaul the NAFTA, putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact, said Motilal Oswal.
US president threatened he still could put tariffs on Canadian-made cars if Canada did not join its neighbors and warned he expected concessions on Canada’s dairy protections.
Today, USD-INR pair is expected to quote in the range of 69.80 and 70.20, it added.
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