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As on Oct 24, 2017 12:00 AM Your results on : Mid Session    
Indices trade with small gains
24-Oct-2017 (09:26)

Key benchmark indices were trading with small gains in early trade tracking firmness in most Asian stocks. At 9:30 IST, the barometer index, the S&P BSE Sensex gained 36.40 points or 0.11% at 32,543.12. The Nifty 50 index rose 8 points or 0.08% at 10,192.85. Realty, oil & gas and power stocks led gains on the bourses.

The S&P BSE Mid-Cap index rose 0.08%, underperforming the Sensex. The S&P BSE Small-Cap index advanced 0.34%, outperforming the Sensex.

The breadth, indicating the overall health of the market, was positive. On the BSE, 953 shares rose and 514 shares declined. A total of 55 shares were unchanged.

Indiabulls Housing Finance (IBHFL) gained 0.89% after consolidated net profit rose 25.82% to Rs 861.06 crore on 16.26% growth in total revenue to Rs 3342.48 crore in Q2 September 2017 over Q2 September 2016. The result was announced after market hours yesterday, 23 October 2017.

IBHFL's board approved the proposal of issuing secured and unsecured non-convertible debentures (NCDs), upto Rs 25000 crore and Rs 3000 crore respectively, on private placement basis. The board has also approved raising funds by way of issue of secured/unsecured, rupee denominated overseas bonds/foreign currency denominated bonds, upto the maximum amount, as permissible under the applicable regulations.

IBHFL's board declared an interim dividend of Rs 9 per share for FY 2018.

IndusInd Bank fell 0.24%. The bank said that the bank in association with MobiKwik, India's largest issuer-independent digital financial services platform, launched a co-branded wallet 'IndusInd Mobikwik' that allows IndusInd Bank customers to pay at the 2 million strong MobiKwik merchant network using their accounts, with a 'Direct Debit Feature'.

The unique 'Direct Debit Feature' will allow IndusInd Bank account holders to link their accounts just once and pay using the cobrand App as and when required, thereby eliminating the need to load the MobiKwik prepaid wallet separately. The transaction is authorized with an additional factor of authentication, in line with mobile banking guidelines. The announcement was made after market hours yesterday, 23 October 2017.

Infosys declined 0.2% ahead of its Q2 results today, 24 October 2017.

HDFC Bank rose 0.27% ahead of its Q2 results today, 24 October 2017.Asian Paints gained 0.9% ahead of its Q2 results today, 24 October 2017.

Zee Entertainment Enterprises rose 0.07% ahead of its Q2 results today, 24 October 2017.

Overseas, most Asian stocks shrugged off overnight decline in the US, where a gauge of equity volatility climbed as market participants assessed the recent rally in global stocks before a slew of earnings reports. Investors are closely watching China and the 19th Communist Party Congress, which winds up on Tuesday and at which President Xi Jinping is expected to release the composition of the Standing Committee - the apex of power in the country.

US stocks began the week with losses yesterday, 23 October 2017 as industrial and technology companies and retailers all stumbled. The Chicago Fed national activity index for September improved to 0.17 in September from negative 0.37 in August.

Market regains positive terrain
23-Oct-2017 (14:15)
Bank stocks trade mixed
23-Oct-2017 (13:18)
Market breadth turns negative from positive
23-Oct-2017 (12:19)
Telecom stocks surge
23-Oct-2017 (11:22)
Market pares gains
23-Oct-2017 (10:20)
Indices trade with modest gains in early trade
23-Oct-2017 (09:31)
Market extends losses
19-Oct-2017 (19:12)
Indices edge lower at start of special session
19-Oct-2017 (18:40)
Key indices briefly enter positive terrain
18-Oct-2017 (14:18)
Market pares intraday losses
18-Oct-2017 (13:17)
FMCG stocks edge lower
18-Oct-2017 (12:26)
Market languishes in negative terrain
18-Oct-2017 (11:20)
Realty, auto stocks trade mixed
18-Oct-2017 (10:16)
Key indices edge lower in early trade
18-Oct-2017 (09:18)
Indices languish near the flat line
17-Oct-2017 (14:18)
Key benchmarks hover in negative terrain
17-Oct-2017 (13:15)
Sensex, Nifty hover near flat line
17-Oct-2017 (12:17)
Nifty hits record high
17-Oct-2017 (11:22)
Key indices trade with small losses
17-Oct-2017 (10:17)
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