Share market HIGHLIGHTS: Sensex surged 500 points, Nifty ends above 11,800; Yes Bank biggest gainer

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Updated:Jun 20, 2019 3:40:47 pm

The Indian headline indices-Sensex and Nifty are trading higher in the last lap of trading on Thursday. Both the indices had opened a little lower.

Share Market Live, Stock Market Live, Nifty Live, NSE live, BSE live, Live Market Update, Market Today, स्टॉक मार्केट, शेयर बाजार, Indian Share Market Live, Indian Stock Market LiveShare market live: Sensex, Nifty trade higher

The Indian headline indices-Sensex and Nifty ended higher on Thursday. Both the indices had opened a little lower in the morning. While the Sensex ended at 39,601.63 level, up 489 points from the last close, Nifty50 settled at 11,831, higher by 140.30 points from the last settlement.

On BSE, while the major gainers are Yes Bank, L&T, Sun Pharma, ICICI Bank, IndusInd Bank, Bharti Airtel and Bajaj Auto.  The biggest losers are HDFC Bank, Hindustan Lever and ITC. Among Nifty 50 stocks, the leading gainers are Yes Bank, Indiabulls Housing, IndusInd Bank, Sun Pharma and JSW Steel, while the losers are UPL Ltd, Wipro and Adani Ports.

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15:13 (IST)20 Jun 2019
BSE Heatmap

14:01 (IST)20 Jun 2019
Rupee pares early gains, trade higher

The Indian currency Rupee pared its early morning gains,  trading higher by 14 paise at 69.54 per dollar versus last lose of 69.68 on Thursday.

13:14 (IST)20 Jun 2019
Nifty top gainers

12:59 (IST)20 Jun 2019
Oil prices jump as downed U.S. drone stokes Middle East tensions

Oil prices climbed around 3% on Thursday amid escalating tensions in the Middle East as a U.S. official said one of the country's military drones was shot down by an Iranian missile. The drone was downed in international airspace over the Strait of Hormuz by an Iranian surface-to-air missile, a U.S. official said on Thursday, speaking on condition of anonymity. Earlier, reports out of Iran said the nation's Revolutionary Guards had downed a U.S. "spy" drone in the southern province of Hormozgan. Tensions have been rising in the Middle East after last week's attacks on two tankers near the Strait of Hormuz, a chokepoint for oil supplies. Fears of a confrontation between Iran and the United States have mounted, with Washington blaming Tehran for the tanker attacks and Tehran denying any role. (Reuters)

12:33 (IST)20 Jun 2019
Jet Airways shares bounce back; zoom 19 per cent

Shares of Jet Airways bounced back after days of massive fall and rose sharply by 19 per cent Thursday. Despite a weak opening, where the scrip hit an all-time low of Rs 27, it later pared the losses and jumped 16.16 per cent to Rs 38.45 on the BSE. On the NSE, shares zoomed 19 per cent to Rs 39.40 after dropping to an all-time low of Rs 26.55 during the morning trade. In the last 13 trading days, shares of Jet Airways have tumbled 78 per cent.

12:24 (IST)20 Jun 2019
Nikkei ends at fresh 6-week highs after dovish Fed statement

Japan's Nikkei ended at a fresh six-week high on Thursday after the U.S. Federal Reserve signalled it was ready to cut interest rates to support the economy, but gains were capped by a stronger yen. The Nikkei share average rose 0.6% to 21,462.86 points, extending gains from a 1.7% rise on Wednesday.The Fed said that it was ready to battle growing global and domestic economic risks, with rate cuts possibly as early as next month. "The dovish Fed message is supporting sentiment and the market is relieved for now," said Takashi Ito, an equity market strategist at Nomura Securities. But Ito added that for Japan, a stronger yen would limit the upside. A stronger yen erodes Japanese manufacturers' profits made abroad when repatriated.The dollar dropped 0.6% to 107.47 yen, its lowest since Jan 3. (Reuters)

12:01 (IST)20 Jun 2019
Indiabulls Housing Finance shares rally 8 per cent

Indiabulls Housing Finance shares rallied 8 per cent in the intra-day trading on Thursday after the report of its buyback.

11:40 (IST)20 Jun 2019
BSE heatmap

11:10 (IST)20 Jun 2019
IT stocks drag

10:54 (IST)20 Jun 2019
Jain Irrigation shares surge

Shares of Jain Irrigation Systems rallied 4.6 per cent after the company told CNBC TV18 that it is committed to reducing its debt by Rs 2,000 crore and the recent fall in share price is not linked to company's current or expected performance.

10:37 (IST)20 Jun 2019
Nifty Bank Heatmap

10:23 (IST)20 Jun 2019
Top gainers among Nifty50

10:00 (IST)20 Jun 2019
Most Asian currencies firm as Fed's easing signals hobble dollar

Most Asian currencies edged higher on Thursday after the U.S. Federal Reserve flagged possible interest rate cuts later this year at its policy meeting, putting the dollar on the defensive. While the Fed stood pat on policy at its Wednesday meeting, it signalled it was ready to tackle global and domestic economic risks by slashing rates, possibly as early as next month. A bulk of Fed policymakers lowered their rate outlook for the year by roughly half a percentage point. The dollar index against a basket of six major currencies was 0.2% lower at 0349 GMT.  (Reuters)

09:55 (IST)20 Jun 2019
NBFC crisis: Record Rs 1.1 lakh crore loans due over 90 days

Facing a record amount of debt that’s about to mature, non-bank financing companies (NBFCs) are finding their troubles worsening as a crisis of credibility starts to bite. The shadow lenders, which have been under increased strain after the collapse of IL&FS Group last year, have a record Rs 1.1 lakh crore of local-currency bonds due next quarter, according to data compiled by Bloomberg.

Read more: NBFC crisis: Record Rs 1.1 lakh crore loans due over 90 days

09:53 (IST)20 Jun 2019
IL&FS scam: IFIN fraudulently lent to group firms to avoid declaring NPAs

The Serious Fraud Investigation Office (SFIO), in its probe into IL&FS Financial Services (IFIN), has found that the company fraudulently sanctioned loans to IL&FS group entities to avoid declaring stressed assets, sources told FE.

Read more: IL&FS scam: IFIN fraudulently lent to group firms to avoid declaring NPAs

09:51 (IST)20 Jun 2019
OVL, OIL, BPCL and others to invest $20 billion in Mozambique LNG project

ONGC Videsh, Oil India and Bharat Petroleum Corporation along with operator US-based Anadarko Petroleum and other partners announced the final investment decision (FID) of $20 billion for Rovuma Offshore Area-1 Mozambique LNG project.

Read more: OVL, OIL, BPCL and others to invest $20 billion in Mozambique LNG project

09:50 (IST)20 Jun 2019
HDFC to buy Apollo Munich for Rs 1,347 crore

Housing finance firm HDFC on Wednesday announced that it will acquire a majority (51.2%) stake in Apollo Munich Health Insurance from the Apollo Hospitals Group for Rs 1,347 crore, and subsequently, merge the health insurer with its arm HDFC ERGO General Insurance.  

Read more: HDFC to buy Apollo Munich for Rs 1,347 crore

09:48 (IST)20 Jun 2019
Indiabulls Housing surges 4 per cent

Have zero exposure to Anil Ambani group companies. Sufficient profits in the company to take care of the provisions.  Raised Rs 58,000 crore since September 2018. Shares of Indiabulls Housing Finance will conduct buyback of its NCDs maturing in July and August. The total amount outstanding under these NCDs is Rs 2,285 crore. Gagan Banga said in an interaction with CNBC TV18.

09:36 (IST)20 Jun 2019
BSE Heatmap

09:17 (IST)20 Jun 2019
Rupee opens higher at 69.48 vs previous close of 69.68

The Indian currency Rupee opened at 69.48 per dollar against the last close of 69.68 per dollar amid hopes for positive trade talks between US and China.