Share market HIGHLIGHTS: Sensex, Nifty close higher tracking Asian markets, TCS, Tata Motors top gainers

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Updated:Apr 15, 2019 4:24:14 pm

Share market HIGHLIGHTS: The stock market -- Sensex and Nifty -- closed higher on Monday tracking Asian markets.

Brokerage House, Brokerage Favourite Stocks, Stock Tips, Stock Market, Invest In Stocks, ब्रोकरेज हाउस, स्टॉक, शेयर, High Return, वोलैटिलिटी, VolatilityShare market HIGHLIGHTS: Sensex, Nifty slightly up on global cues

Share market HIGHLIGHTS: The stock market — Sensex and Nifty — closed higher on Monday tracking Asian markets. The Sensex closed at 38,905.84 level, 138.73 points higher than the last close, Nifty settled at 11,690.35 level.

While on BSE, the top gainers were Tata Motors, TCS and Coal India, the losers were Infosys, Yes Bank and Sun Pharmaceutical. Today, the markets were mostly driven by two major IT companies Infosys and TCS which released their Q4 results on Friday after market hours. 

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15:49 (IST)15 Apr 2019
Sensex, Nifty closes higher tracking Asian markets.

The headline indices- Sensex and Nifty ended higher on Monday afternoon tracking Asian markets. The Sensex closed at 38,905.84 level, 138.73 points higher than the last close, Nifty settled at 11,690.35 level. While on BSE and NSE, the top gainers were Tata Motors, TCS and Coal India, the losers were Infosys, Yes Bank and Sun Pharmaceutical. Today, the markets were mostly driven by two major IT companies Infosys and TCS which released their Q4 results on Friday after market hours. 

13:20 (IST)15 Apr 2019
Metropolis Healthcare makes a strong stock market debut; lists up 9% from IPO price

Diagnostic services provider Metropolis Healthcare on Monday made a strong stock exchange debut by listing at over 9% premium to its IPO price. Metropolis Healthcare shares opened for trade at Rs 960 on BSE, against the issue price of Rs 880. At 11:32 AM, the company’s shares were trading at Rs 968.05, up 1.25% from listing. It touched an intraday high of Rs 972.50.

Also read: Metropolis Healthcare makes a strong stock market debut; lists up 9% from IPO price

12:01 (IST)15 Apr 2019
Major decline in India’s steel export to US; increase in aluminum: Report

India’s steel export to the US in 2018 declined by 49 per cent to USD 372 million, while that of aluminum increased by 58 per cent to USD 221 million, the independent Congressional Research Service (CRS) said in its latest report.

Also read: Major decline in India’s steel export to US; increase in aluminum: Report

 
11:44 (IST)15 Apr 2019
TCS share price rises nearly 4% after Q4 results

Shares of Tata Consultancy Services (TCS) Monday gained nearly 4 per cent after the company reported 17.7 per cent growth in consolidated net profit for the March 2019 quarter. The scrip after making a positive opening further jumped 3.56 per cent to Rs 2,085.60 on the BSE.

Also read: TCS share price rises nearly 4% after Q4 results

 
11:22 (IST)15 Apr 2019
Lok Sabha Election: Poll promises drive surge in India project financing deals

Financing deals for Indian infrastructure projects are surging on market expectations that the next government will come through with at least some of the spending that politicians are promising now during a heated election campaign.

Also read: Lok Sabha Election: Poll promises drive surge in India project financing deals

 
11:09 (IST)15 Apr 2019
Infosys shares fell 5% after Q4 results

Infosys shares fell by as much as 5% intraday, after the IT major posted results for the fourth quarter of FY19 on Friday. The company reported 10.4% year-on-year rise in its profits at Rs 4,078 crores for March quarter. Most of the brokerages revised the target price of infosys downwards after the company projected lower growth for FY20 at 7.5-9.5%. At 10:57, the stock was trading at Rs 725.40, 3% down from the last close.

10:13 (IST)15 Apr 2019
If currency remains flat, margins may get impacted in FY20, says TCS CFO V Ramakrishnan

If the currency remains flat in FY20, then the margins may get impacted. However, currency can't be seen in isolation, as other macro factors may also imapct the margins. The rupee appreciation by by 8.5% in FY 19 was offset by the wage hike.  The salary increase were funded by depreciation rupee. The 79 basis points improvement in margins is essentially coming out of lot of operational efficiencym, said TCS CFO, V Ramakrishnan. Currently, TCS shares are trading at Rs 2067.10, 53.35 points higher than the last close.

 
 
09:44 (IST)15 Apr 2019
Asian shares near 9-month highs, helped by U.S. optimism on China trade talks

Asian shares neared nine-month highs on Monday after U.S. Treasury Secretary Steven Mnuchin said he hoped U.S.-China trade talks were approaching a final lap, while strong Chinese export and bank loan data boosted confidence in the global economy. Also read: Asian shares near 9-month highs, helped by U.S. optimism on China trade talks

 
09:38 (IST)15 Apr 2019
Share market live: Sensex, Nifty marginally up, TCS up 3%, Infosys down 3%

The stock market--Sensex and Nifty--opened marginally higher on Monday morning, tracking global cues. The Sensex is up about 48.58 points to 38,815.69, while the Nifty is trading above the 11,600-mark. TCS shares are trading around 3% higher at Rs 2,071.50, while Infosys shares are down 3.78% to Rs 719.55, after they posted their Q3 results on Friday. A look at LIVE Sensex heatmap.

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