So has the US-China trade war to some extent, with the nation’s equities seen as a safety trade by some investors seeking to escape global volatility. Finance Minister Lim Guan Eng said last week Malaysia has benefited from the spat via trade diversion and business relocation. Recent trade data signals “robust” economic growth for the second quarter, he said. … [Read more...] about World’s worst stock market is seeing signs of revival, but not everyone is optimistic
Stock market news
Stock market update: IT shares dip; HCL Tech slips nearly 2%
NEW DELHI: IT shares were trading in the negative zone in Monday's morning session. Shares of HCL Technologies (down 1.91 per cent), Just Dial (down 1.65 per cent), Tata Consultancy (down 1.36 per cent), Wipro (down 1.35 per cent), Hexaware Technologies (down 1.19 per cent), Tata Elxsi (down 0.44 per cent), NIIT Technologies (down 0.27 per cent) and Infosys (down 0.24 per cent) were the top losers in the index. The Nifty IT index was trading 0.8 per cent down at 16,225.70 around 10:00 am. Benchmark NSE Nifty50 index was down 23.70 points at 12328.65 , while the BSE Sensex was down 67.23 points at 41878.14. Among the 50 stocks in the Nifty index, 21 were trading in the green, while 29 were in the red. Shares of Vodafone Idea, NHPC, YES Bank, Indian Oil Corp, PowerGrid, Tata Motors, NMDC, Ashok Leyland, Bharti Airtel and L&T Fin Holding were among the most traded shares on the NSE. … [Read more...] about Stock market update: IT shares dip; HCL Tech slips nearly 2%
Stock market update: Midcap stocks slump; L&T Finance Holdings dips 6%
NEW DELHI: Shares of midcap companies were in the red in Monday's trade. While L&T Finance Holdings (down 6.13 per cent), Reliance Capital (down 4.96 per cent), Reliance Infrastructure (down 4.93 per cent), Reliance Power (down 4.72 per cent) and RBL Bank (down 4.39 per cent) were among the top losers in the index. Reliance Communications (down 4.3 per cent), Oil India (down 3.99 per cent) and Glenmark Pharmaceuticals (down 2.87 per cent) too were trading with losses. While NHPC (up 11.57 per cent), Ajanta Pharma (up 4.94 per cent), SJVN (up 3.07 per cent), Natco Pharma (up 2.81 per cent) and NLC India (up 2.5 per cent) were among the top gainers. The S&P BSE MidCap index was trading 0.4 per cent down at 15,645.72 around 02:24 pm. Benchmark NSE Nifty50 index was down 94.25 points at 12,258.1, while the BSE Sensex was 308.83 points down at 41,636.54. Among the 50 stocks in the Nifty index, 14 were trading in the green, while 36 were in the red. Shares of Vodafone Idea, … [Read more...] about Stock market update: Midcap stocks slump; L&T Finance Holdings dips 6%
Stock market update: Sugar stocks slump; Avadh Sugar slides 5%
NEW DELHI: Most of the sugar stocks were in the red in Monday's morning trade. Shares of Avadh Sugar (down 5.39 per cent), Simbhaoli Sugars (down 4.73 per cent), Piccadily Sugar & Allied (down 3.90 per cent), Piccadily Agro Industries (down 3.85 per cent) and Mawana Sugars (down 3.68 per cent) were among the top losers. Dwarikesh Sugar Industries (down 3.61 per cent), Triveni Engineering & Industries (down 2.81 per cent) and Uttam Sugar Mills (down 2.24 per cent) too were trading with gains. While Rana Sugars (up 4.85 per cent), Indian Sucrose (up 4.41 per cent) and DCM Shriram Industries (up 2.62 per cent) were among the top gainers. The NSE Nifty50 index was trading 32.40 points down at 12,319.95, while the 30share BSE Sensex was down 93.52 points at 41,851.85 at around 10:07 am. Power Grid Corporation of India (up 4.53 per cent), ICICI Bank (up 1.33 per cent), ITC (up 1.08 per cent), Oil & Natural Gas Corporation (up 1.0 per cent) and Asian Paints (up 0.77 per cent) … [Read more...] about Stock market update: Sugar stocks slump; Avadh Sugar slides 5%
Stock market update: Realty shares mixed; Prestige Estates rises 2%
NEW DELHI: Realty shares were trading on a mixed note in Monday's morning session. Shares of Prestige Estates Projects (up 1.95 per cent), Oberoi Realty (up 1.2 per cent), Brigade Enterprises (up 0.61 per cent), Godrej Properties (up 0.21 per cent) and Mahindra Lifespace Developers (up 0.01 per cent) were among the top gainers. While SOBHA (down 1.51 per cent), Sunteck Realty (down 1.04 per cent), DLF (down 0.56 per cent), Phoenix Mills (down 0.46 per cent) and Indiabulls Real Estate (down 0.15 per cent) were the top losers in the index. The Nifty Realty index was trading 0.03 per cent up at 324.25 around 10:13 am. Benchmark NSE Nifty50 index was down 44.85 points at 12307.5 , while the BSE Sensex was down 139.98 points at 41,805.39. Among the 50 stocks in the Nifty index, 18 were trading in the green, while 31 were in the red. Shares of Vodafone Idea, NHPC, YES Bank, Indian Oil Corp, PowerGrid, Tata Motors, NMDC, SBI, Ashok Leyland and Bharti Airtel were among the most … [Read more...] about Stock market update: Realty shares mixed; Prestige Estates rises 2%
