Sensex ends at all-time high, Nifty logs record peak at 11,387; HDFC AMC share price gains 65%

By: | Updated:Aug 06, 2018 4:18 pm

Share Market Today Indian stock markets (Sensex and Nifty) closed at record peaks on Monday with BSE Sensex and NSE Nifty closing at respective all-time highs following the upmove in the shares of ICICI Bank, Reliance Industries, SBI and Axis Bank.

Share Market Today: People looking at the stock ticker outside the Bombay Stock Exchange building. (Image: Reuters)

Share Market Today: Indian stock markets (Sensex and Nifty) closed at record peaks on Monday with BSE Sensex and NSE Nifty closing at respective all-time highs following the upmove in the shares of ICICI Bank, Reliance Industries, SBI and Axis Bank. The S&P BSE Sensex closed at 37,691.89, up 135.73 points or 0.36% and NSE Nifty 50 finished at 11,387.10, up 26.30 points or 0.23% with 7 of 11 sectors of National Stock Exchange concluding in green with Nifty PSU Bank rising over 2%.

The domestic stock markets traded higher in the afternoon deals on Monday with BSE Sensex hovering near 37,700 and NSE Nifty trading above 11,400. Indian equities inched up after starting higher on Monday with BSE Sensex breaching 37,800 and NSE Nifty surpassing the psychological mark of 11,400 for the first time in stock market history.

Shares of HDFC AMC marked a blockbuster stock market debut on Monday and listed at 58% premium from the issue price fixed during its IPO (initial public offering). The stock of HDFC AMC 67.54% to a day’s high of Rs 1,842.95 on BSE while the stock advanced 67.64% to a day’s top of Rs 1,844 on NSE.

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16:01 (IST) 06 Aug 2018
Sensex @ all-time high | Top stocks of Sensex today

16:00 (IST) 06 Aug 2018
Sensex @ all-time high: Biggest Sensex movers today

15:56 (IST) 06 Aug 2018
HDFC AMC gains 65% on first day of stock market trading

Shares of HDFC AMC share price gained 65% on the first day of stock market trading on Monday, 6 August 2018. The stock of HDFC AMC rose 65.02% to end at Rs 1,815.25 on NSE while the stock zoomed 65.01% to close at Rs 1,815.15 on BSE. 

HDFC AMC commands a market capitalisation or the stock market value of Rs 38,479.15 crore at the end of the first day of stock market trading. HDFC AMC was the top stock among all the listed shares on National Stock Exchange as far as the turnover is concerned while it was the tenth most traded stock on NSE. HDFC AMC trading volumes stood at 1.93 crore equity shares on NSE alone. 

HDFC AMC shares turnover: 3,475.99 crore | Nifty turnover: 11,320.75 crore (Source: NSE)

15:38 (IST) 06 Aug 2018
Closing Bell!

Indian stock markets finish at record highs with BSE Sensex and NSE Nifty settling at all-time highs, respectively, largely driven by the uptick in the shares of ICICI Bank, Reliance Industries, State Bank of India and Axis Bank. The benchmark Sensex closed at an all-time high of 37,691.89, up 135.73 points or 0.36% and the broader Nifty 50 settled at 11,387.1, up 26.3 or 0.23%. 

15:25 (IST) 06 Aug 2018
Dena Bank Q1 loss spikes by 444%

Dena Bank on Monday reported a 444% increase in the net loss for the Apr-Jun period of the financial year 2018-2019 to Rs 721.71 crore as bad loans surged significantly vs a net loss of Rs 132.65 crore in the same quarter of last year. Dena Bank shares trading up 2.15% at Rs 16.6 on NSE. 

15:22 (IST) 06 Aug 2018
HDFC Bank hikes FD rates by up to 0.6%

HDFC Bank on Monday raised the FD (fixed deposit) rates on various maturities by up to 0.6% immediately effective from today, 6 August 2018.

15:16 (IST) 06 Aug 2018
HDFC AMC scales new high

Shares of HDFC AMC touched a new high in the late session after the blockbuster stock market listing. The stock of HDFC AMC rose 67.64% to Rs a day's top of Rs 1,844 on NSE while the stock advanced 67.54% to a day's high of Rs 1,842.95 on BSE. 

14:34 (IST) 06 Aug 2018
Turkish Lira hits all-time low against US dollar

The Turkish lira reached a record low against the dollar on Monday, after the Trump administration said it was reviewing Turkey's duty-free access to the US market, a move that could affect some $1.66 billion of Turkish imports, Reuters said in a report. The review by the US Trade Representative's office, announced on Friday, came after Ankara imposed retaliatory tariffs on US goods in response to American tariffs on steel and aluminium, the report said further. 

14:31 (IST) 06 Aug 2018
European stocks open mixed

Global stock markets were mixed Monday after the United States reported strong jobs numbers and China threatened a tariff hike, Associated Press said in a report. Germany's DAX shed 0.4% to 12,568.45 while London's FTSE 100 gained 4 points to 7,663.25 and France's CAC 40 lost 1.5 points to 5,478.37. On Friday, the FTSE gained 1.1% the DAX rose 0.6% and the CAC 40 added 0.3%, the report added. 

14:29 (IST) 06 Aug 2018
Sensex Live: Sensex at 37,728, up 172 points

Sensex Live: BSE Sensex was trading 171.86 points or 0.46% higher at 37,728.02 with shares of Axis Bank, SBI, ICICI Bank, Bharti Airtel, Yes Bank, Coal India, M&M, Hero MotoCorp, Reliance Industries, ONGC and Maruti Suzuki being the major gainers.  

13:16 (IST) 06 Aug 2018
Indian stock markets edge higher

The buying momentum from late last week, after the country's weatherman forecast average rainfall during the final two months of the crucial monsoon season, continued on Monday with Hero MotoCorp and Maruti Suzuki India gaining more than 1% each, a Reuters report said. The southwest monsoon that spans from June to September delivers nearly 70 percent of rains that India needs to water its farms and recharge reservoirs and aquifers. Nearly half of the country's farmland, without any irrigation cover, depends on annual rains to grow a number of crops, the report added. 

12:42 (IST) 06 Aug 2018
Crude oil prices rise

Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau. Markets also anticipated an announcement from Washington later on Monday on renewed US sanctions against major oil exporter Iran, Reuters said in a report. Spot Brent crude oil futures were at $73.42 per barrel at 0653 GMT up 21 cents, or 0.3% and US West Texas Intermediate (WTI) crude futures were up 19 cents, or 0.3% at $68.68 barrel, the report added. 

12:19 (IST) 06 Aug 2018
Britannia Q1 FY19 results

India's FMCG major Britannia Industries reported a 19.41% rise in consolidated net profit to Rs 258.08 crore for the Apr-Jun quarter, driven by double-digit volume growth vs a net profit of Rs 216.12 crore in the same period a year earlier. Britannia Industries shares were trading down 0.16% at Rs 6,384.9 on BSE after falling 1.9% to a day's low of Rs 6,273.8 following the Q1 FY19 earnings release. 

12:10 (IST) 06 Aug 2018
Aditya Birla Fashion and Retail gains 14% after company informs about 11th AGM

Shares of Aditya Birla Fashion and Retail rose nearly 14% in the afternoon deals on Monday after the company informed about 11th AGM on Friday. The stock of Aditya Birla Fashion and Retail jumped 13.8% to a day's high of Rs 194.6 on BSE today. The 11th AGM of Aditya Birla Fashion and Retail will be held on Tuesday, 28 August 2018 at 3:00 pm at Swatantryaveer Savarkar Rashtriya Smarak, 252, Veer Savarkar Marg, Shivaji Park, Dadar (West), Mumbai - 400028, Maharashtra, India, the company said in an exchange filing. 

11:54 (IST) 06 Aug 2018
11:35 (IST) 06 Aug 2018
Sensex Live: Sensex flirts with 37,800

Sensex Live: The S&P BSE Sensex index was trading at 37,776.19, up 220.03 or 0.59% with shares of Axis Bank (up 4%), ICICI Bank (up 3.07%), SBI (up 2.44%), Coal India (up 1.87%), Bharti Airtel (up 1.65%), Hero MotoCorp (up 1.49%), Yes Bank (up 1.48%), Tata Steel (up 1.36%), Reliance Industries (up 1.18%) being the top gainers. 

11:01 (IST) 06 Aug 2018
Asian stock market slips

Asian shares pared gains on Monday as Chinese stocks swung into negative territory, driven lower by the escalating Sino-U.S. trade war, though Beijing's efforts to stop sharp declines in the yuan helped support the currency, a Reuter report said. MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.5%, having risen about 1% earlier in the day, the report added. 

10:34 (IST) 06 Aug 2018
HDFC AMC shares listing

Shares of HDFC AMC got a bumper stock market opening on Monday after the company successfully managed to wind its Rs 2,800 crore IPO in July last month. HDFC AMC IPO was subscribed about 83 times at the end of a three-day bidding process. Shares of HDFC AMC were admitted in the group 'B' of BSE with a scrip code: 541729 and an ISIN: INE127D01025. HDFC AMC gathered a market capitalisation of Rs 38,815 crore on the basis of day's high share price of Rs 1,832 on BSE. 

10:22 (IST) 06 Aug 2018
Chinese stock market falls

China's stocks were lower on Monday as Beijing's latest tariff threats escalated the tit-for-tat Sino-U.S. trade war, though the central bank's efforts to shore up the tumbling yuan helped to stabilise the currency, Reuters said in a report. At the midday break, both the Shanghai Composite index and the blue-chip CSI300 index were down 0.8%, erasing earlier gains while shares in Hong Kong trimmed earlier gains, with the Hang Seng index adding 0.7% and the China Enterprises index gained 0.3%, the report added. 

10:18 (IST) 06 Aug 2018
HDFC AMC tops NSE turnover, up 67% from IPO price

The stock of HDFC AMC emerged as the most traded share among the top 10 trades on NSE (National Stock Exchange) within minutes of its stock market listing today. HDFC AMC topped the exchange (NSE) turnover with Rs 1,678 crore worth of equity shares being traded in just 16 minutes of listing. HDFC AMC share price surged 67% to a day's high of Rs 1,835 on NSE while it advanced to Rs 1,832, up 66.55% on BSE. 

Check Live: HDFC AMC share price | HDFC AMC market capitalisation

10:01 (IST) 06 Aug 2018
HDFC AMC IPO: HDFC AMC shares mark blockbuster debut, list at 58% premium

HDFC AMC IPO listing: Shares of HDFC AMC marked a blockbuster stock market debut on Monday after the company very successfully winded up its Rs 2,800 crore IPO (initial public offering) in the month of July. Shares of HDFC AMC begin at Rs 1,739, up by 58.09% on BSE while the stock surged 56.93% to start at Rs 1,726.25 on NSE today. 

09:57 (IST) 06 Aug 2018
Rupee gains 6 paise vs US dollar

Extending its rising streak for the second day, the rupee appreciated by 6 paise against the US dollar to 68.54 in early trade today on increased selling of the American currency by exporters and banks amid higher domestic equity market, a PTI report said. Besides sustained selling of the greenback, a higher opening of the domestic equity markets boosted the rupee at the interbank forex market, PTI reported citing unidentified forex dealers. 

09:55 (IST) 06 Aug 2018
Nifty Live: NSE Nifty 50 hits new all-time high @ 11,427.65

Nifty Live: The wider share indicator NSE Nifty 50 surged about 66.85 points to log a fresh all-time high at 11,427.65 in the early deals on Monday. Shares of ICICI Bank (up 2.98%), UPL (up 2.79%), SBI (2.32%), Zee Entertainment (up 1.19%), Tata Steel (up 1.11%) were the top gainers while shares of HUL (down 0.8%), Infosys (down 0.63%), Kotak Mahindra Bank (down 0.54%) were the top losers. 

09:49 (IST) 06 Aug 2018
Sensex Live: Big blue-chip contributurs to Sensex

09:41 (IST) 06 Aug 2018
Sensex Live: Sensex jumps 248.14 points to hit a fresh all-time peak

Sensex Live: The benchmark Sensex surpassed 37,800 for the first time in the morning session on Monday. BSE Sensex index amassed as much as 248.14 points to hit a fresh all-time high at 37,804.3. Shares of ICICI Bank, SBI, Infosys, ITC, Reliance Industries, Axis Bank, HDFC Bank and TCS were the major contributors. 

09:15 (IST) 06 Aug 2018
Opening bell!

Indian equity markets started on a positive footing on Monday with BSE Sensex and NSE Nifty hitting fresh all-time peaks in the morning session led by the optimism among Asian stocks on the back of upbeat Wall Street. BSE Sensex opened at 37,714.70, 158.54 or 0.42% while NSE Nifty opened at 11,401.50, up 40.70 points or 0.36%. 

09:13 (IST) 06 Aug 2018
Sensex Live: BSE Sensex hits all-time high in pre-open!

Sensex Live: BSE Sensex surged as much as 158.54 points to hit a fresh all-time high at 37,714.70. 

09:11 (IST) 06 Aug 2018
Nifty Live: NSE Nifty crosses 11,400 in pre-open

Nifty Live: The broader Nifty 50 index breached the psychological level of 11,400 for the first time ever in the pre-opening trades on Monday. NSE Nifty surged as much as 40.7 points to hit a fresh all-time high at 11,401.5. 

09:03 (IST) 06 Aug 2018
Sensex last week: 30 July to 3 August 2018

09:03 (IST) 06 Aug 2018
Sensex last week: 30 July to 3 August 2018

09:01 (IST) 06 Aug 2018
Sensex on Friday

08:59 (IST) 06 Aug 2018
SGX Nifty Futures up 0.33%

`The global indicator of NSE Nifty, SGX Nifty Futures was trading higher on Monday, up 0.33% at 11,435.50 on the Singapore Exchange. The barometer has shuttled between a range of 11,443.5 and 11,419 earlier today. 

The benchmark Sensex rose 249.09 points to mark a fresh all-time high at 37,805.25 following the sharp rally in the heavyweight shares of ICICI Bank, SBI, ITC and HDFC Bank. Stocks across Asia advanced on Monday as China's efforts to stop sharp declines in its currency and capital flight supported wider sentiment in the region, although the escalating Sino-US trade conflict has capped gains, Reuters said in a report.
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