5 min read . Updated: Nov 19, 2020 11:25 am IST
- Benchmarks opened weak-tracking global pairs, but managed to maintain their key levels. Sensex passed the 44,000 mark and Nifty hovered around the 12,900 level. Bank nifty was down
Welcome to the Mint Live Blog. Follow this space for the latest updates on the stock market.
November 19, 2020 11:24:54 AM IST
Wipro earns 1%
The IT services firm said Wednesday that it has set December 11 as a record date for its until ₹Rs 9.5 billion share buyback program. Its board of directors and shareholders have already approved its proposed repurchase of up to 23.75,00,000 shares of the company in ₹400 per share, he added.
November 19, 2020 11:13:38 AM IST
Sensex in choppy trading
See full image
November 19, 2020 11:03:41 AM IST
BPCL up to 2%
The mining conglomerate has filed a preliminary expression of interest (EoI) to buy the government stake in Bharat Petroleum Corp Ltd, for which a major foreign player is said to be also in the running. A special purpose vehicle presented by Vedanta Ltd, which is listed on the BSE, and its London-based parent Vedanta Resources, filed an EoI prior to the close of the deadline on November 16.
November 19, 2020 11:03:41 AM IST
BSE Midcap at a glance
See full image
November 19, 2020 10:48:02 AM IST
Nifty Metal shines
See full image
November 19, 2020 10:38:59 AM IST
The rupee opens lower
The Indian rupee opened 10 paise lower at 74.29 to the dollar on Thursday. It had closed at 74.19 on Wednesday.
November 19, 2020 10:29:29 AM IST
Direct Tax Settlement Scheme Reaches ₹ 72,480 Cr So Far For Treasury
Companies, including state-owned ones, have so far paid ₹72,480 million rupees to the government under the Vivad Se Vishwas scheme, which allows them to resolve direct tax disputes by paying disputed arrears on favorable terms and avoid prosecution.
The total number of public sector tax disputes that are resolved under the scheme alone is a huge ₹1,00,195 crore, a government official told Mint on condition of anonymity. (Full report)
November 19, 2020 10:20:46 AM IST
L&T Construction bag contract for over ₹ 7,000 cr to build India’s first high-speed rail corridor
L&T Construction’s transportation infrastructure business, the construction arm of Larsen & Toubro, has been awarded another mega contract from National High-Speed Rail Corporation Limited (NHSRCL) to build 87,569 km of the Mumbai-Ahmedabad High Speed project. Rail (MAHSR). popularly known as the Bullet Train project, the company said. L&T classifies contracts to more than ₹7 billion rupees in the mega category.
November 19, 2020 10:11:39 AM IST
BSE Smallcap in green
See full image
November 19, 2020 10:01:41 AM IST
Spicejet up to 10%
See full image
November 19, 2020 9:52:41 AM IST
Gold prices fall
Gold and silver prices fell today in Indian markets, prolonging their recent slump. On MCX, gold futures fell 0.3% to ₹50.180 per 10 grams on its fourth consecutive day of losses, while silver futures fell 0.8% to ₹62,043 per kg. Gold and silver prices had fallen sharply in the previous session.
November 19, 2020 9:43:11 AM IST
M&M hits 52-week highs
The company is making plans to list 10 of its most promising units in the next 5-7 years as the auto-to-software conglomerate aims to unlock the value of these so-called “gems” by attracting new investors. identified the 10 companies, in sectors such as mobility, clean energy, rural, financial services, infrastructure and technology, to drive the future growth of the group.
November 19, 2020 9:36:21 AM IST
Hero MotoCorp rises 3%
India’s largest two-wheeler manufacturer has recorded retail sales of more than 1.4 million motorcycles and scooters during the 31-day holiday period. The company said retail sales for the period were equivalent to 98% of last year’s holiday sales and 103% for the same period in 2018.
November 19, 2020 9:29:08 AM IST
Nifty Bank down 1%, Kotak Bank’s only winner
See full image
November 19, 2020 9:23:24 AM IST
Witty Open Winners / Losers
See full image
November 19, 2020 9:21:59 AM IST
Sensex drops 200 points when opening
See full image
November 19, 2020 9:18:22 AM IST
Sensex, Nifty Open Weak Tracking Global Markets
November 19, 2020 9:13:04 AM IST
Oil prices fall
US crude futures fell in early trading on Thursday, giving away some of the gains from the previous day, as rising COVID-19 cases and widening lockdowns raised fears over fuel demand, which He countered the optimistic news about vaccines.
US West Texas Intermediate (WTI) crude futures were down 39 cents, or 0.9%, at $ 41.43 a barrel at 0039 GMT, after gaining nearly 1% on Wednesday. Brent crude was not yet trading, having risen 1.4% on Wednesday.
November 19, 2020 9:08:35 AM IST
India hopes Boeing Max will get the go-ahead from the US.
India’s aviation regulator said it is awaiting formal communication on the decision by the US Federal Aviation Administration to allow Boeing Co.’s 737 Max jets to resume their flights after a prolonged grounding.
The FAA approved the “return to service” of the 737 Max with extensive corrections. The US aviation regulator grounded the plane in March 2019, which was followed by the DGCA, following the crash of an Ethiopian Airlines 737 Max near Addis Ababa on March 10, killing 157 people and another Lion Air accident in October 2018 that killed 180 people in Indonesia.
November 19, 2020 9:04:50 AM IST
Sensex in pre-opening
See full image
November 19, 2020 9:03:02 AM IST
Markets in the red in the pre-opening session
November 19, 2020 8:59:29 AM IST
PMO to control the job scenario
The Prime Minister’s Office (PMO) is likely to track how many jobs are being created in both the informal and formal sectors starting next week amid a noisy debate over unemployment in India.
Data on additions to payroll from the Employee Provident Fund Organization, or EPFO, will feed into a panel of PMOs, in categories such as job creation by state, sector and demographics, two government officials told Mint.
November 19, 2020 8:57:04 AM IST
Delhi HC will continue to hear Future Retail-Amazon case on Reliance settlement today
On Thursday, the Delhi High Court will continue to hear arguments from Future Retail Limited (FRL) and Amazon on the former’s statement that it seeks to prevent the US e-commerce company from approaching regulatory bodies such as the Commission on Competition of India (ITC) against the retailer’s agreement. with the retail arm of Reliance.
The court has been hearing the case since last week. Both parties to the case will continue their presentations today.
November 19, 2020 8:39:29 AM IST
Actions to follow: M&M, Wipro, Hero MotoCorp, Vedanta
M&M, Wipro, Hero MotoCorp, Vedanta are among the actions that will be in focus today. TCS, Pfizer and aviation stocks will also be tracked in trading today.
November 19, 2020 8:35:45 AM IST
Indian indices look sluggish
Indian stock markets are likely to be down on Thursday due to weakness in their global peers. The trends in SGX Nifty suggest a weak opening for the Indian benchmarks. On Wednesday, the Sensex closed at 44,180.05, up 227.34 points, or 0.52%, and the Nifty closed at 12,938.25, up 64.05 points, or 0.52%.
November 19, 2020 8:27:15 AM IST
Asia Stocks Fall
Asian stocks followed the strong Wall Street selloff on Thursday, as concerns about rising coronavirus infections and new closings in major US cities stifled earlier investor enthusiasm about the development. of the covid-19 vaccine.
Australia’s S & P / ASX 200 lost 0.5% in early trading, while Hong Kong’s Hang Seng Index futures lost 0.02%. Japan’s Nikkei 225 fell 0.4%.
November 19, 2020 8:21:31 AM IST
US stocks end lower
A late afternoon slide on Wall Street dragged stocks lower on Wednesday, erasing initial gains and adding to the previous day’s losses as investors worry about the economic fallout from rising coronavirus cases in The US The S&P 500 fell 41.74 points, the Dow Jones Industrial Average fell 1.2%, while the Nasdaq Composite lost 0.8%.
Close
.
