Quick Review
Prev Next
As on Apr 20, 2018 12:00 AM Your results on : Quick Review    
Market provisionally settles with small decline
20-Apr-2018 (15:50)

Stocks provisionally ended with small losses in a quiet session of trade as losses in bank stocks were mostly offset by gains in IT stocks. The barometer index, the S&P BSE Sensex, fell 11.71 points or 0.03% at 34,415.58. The Nifty 50 index fell 1.25 points or 0.01% at 10,564.05.

A bout of volatility was witnessed in early trade as the key benchmark indices dipped in negative zone after a positive start to the day's trading session. Stocks hovered in a small range thereafter and hit intraday low in afternoon trade. Stocks cut losses in mid-afternoon trade. Volatility rose in late trade as indices once again sink in red after briefly turning positive.

The S&P BSE Mid-Cap index provisionally fell 0.44%, underperforming the Sensex. The S&P BSE Small-Cap index provisionally rose 0.02%, outperforming the Sensex.

The market breadth, indicating the overall health of the market, was negative. On the BSE, 1,435 shares fell and 1,185 shares rose. A total of 152 shares were unchanged.

IT stocks gained after good Q4 result from IT bellwether TCS. Gains were also supported as the rupee weakened past the 66 level against the dollar. A weak rupee boosts revenue of IT firms in rupee terms as the sector derives a lion's share of revenue from exports.

Infosys (up 4.06%), Wipro (up 1.78%), HCL Technologies (up 4.19%), Oracle Financial Services Software (up 3.16%), Tech Mahindra (up 4.76%), MindTree (up 9.51%), Hexaware Technologies (up 3.32%) and Mphasis (up 2.61%) rose.

IT major TCS jumped 6.94%. On a consolidated basis, IT major TCS' net profit rose 5.81% to Rs 6925 crore on 3.79% increase in net sales to Rs 32075 crore in Q4 March 2018 over Q3 December 2017. Net profit fell 1.81% to Rs 25880 crore on 4.36% increase in net sales to Rs 123104 crore in the year ended March 2018 over the year ended March 2017. The result was announced after market hours yesterday, 19 April 2018.

The board of TCS recommended bonus issue of equity shares in the ratio of 1 equity share of Re 1 each for every 1 equity share of Re 1 each.

TCS CEO and MD Rajesh Gopinathan said strong demand in digital across all industry verticals and large transformational deal wins have made this one of our best fourth quarters In recent years. The strong exit allows the company to start the new fiscal on a confident note.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 66.0475, compared with closing of 65.80 during the previous trading session.

M&M fell 0.32%. M&M said that Mahindra Susten Bangladesh (MSBPL) has been incorporated in Dhaka, Bangladesh under the laws of Bangladesh on 19 April 2018 as a subsidiary of Mahindra Susten (MSPL), which in turn is a wholly owned subsidiary (WOS) of Mahindra Holdings (MHL), which in turn is a WOS of the company. The announcement was made after market hours yesterday, 20 April 2018.

Yes Bank fell 3%. Yes Bank received Reserve Bank of India's (RBI) approval to open two representative offices in London and Singapore. This is in continuation with the bank's international foray to expand services to the NRI population living in London and Singapore and to also be positive for International Business development. The announcement was made during market hours today, 20 April 2018.

Meanwhile, RBI deputy governor Viral Acharya flagged two reasons that had induced him to pause from voting to begin the process of “withdrawal of accommodation”: first, the possibility of US shale gas response softening the oil price outlook, and two, growth recovery in the economy still being nascent. Uncertainty on these fronts has now receded, Viral Acharya said. The minutes of the Monetary Policy Committee Meeting held on 4 April and 5 April 2018 were released after market hours yesterday, 19 April 2018.

The Monetary Policy Committee (MPC) had in its two-day meeting held on 4 April and 5 April 2018 decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6% per cent.

Overseas, most European indices were trading lower as investors monitored a fresh batch of corporate earnings and economic data.

Asian stocks fell with technology stocks leading the way following a downbeat outlook from Taiwan Semiconductor Manufacturing Co. Inflation remained weak in Japan. Core consumer prices rose 0.9% from a year earlier in March, versus February's reading of 1%.

US stocks ended lower yesterday, 19 April 2018 with consumer staples, real estate and technology shares leading the losses.

Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) meets later today, 20 April 2018 to discuss production caps. Oil futures were down slightly in Asia after hitting a 3½-year high this week.

Sensex, Nifty register modest gains on positive global stocks
19-Apr-2018 (15:44)
Market snaps 9-day gaining spree
18-Apr-2018 (15:42)
Market gains for ninth day as IMD predicts normal monsoon
17-Apr-2018 (15:46)
Market gains for eight day ahead of IMD monsoon forecast
16-Apr-2018 (15:48)
Key indices end volatile session higher
13-Apr-2018 (15:39)
Sensex, Nifty rise for 6th straight session
12-Apr-2018 (15:35)
Market ends with small gains
11-Apr-2018 (15:34)
Market rises as Xi Jinping soothes fears of a China-US trade war
10-Apr-2018 (15:38)
Shares end higher as US-China trade worries abate
09-Apr-2018 (15:38)
Market provisionally ends with small gains
06-Apr-2018 (15:45)
Sensex, Nifty rally on strong global stocks
05-Apr-2018 (15:48)
Stocks drop sharply as China-US trade war escalates
04-Apr-2018 (15:43)
Market clocks modest gains
03-Apr-2018 (15:47)
Market ekes out modest gains as pivotals advance
02-Apr-2018 (15:50)
Market bids adieu to FY18 on a sour note
28-Mar-2018 (15:37)
Sensex registers small gains
27-Mar-2018 (15:37)
Market surges on renewed buying
26-Mar-2018 (15:39)
Markets tumbles on global trade war fears
23-Mar-2018 (15:44)
Market ends with modest losses
22-Mar-2018 (15:37)
Connect with us :   
About us
Our Services
Core Values
Investor Relations
Product & Services
Institutional Broking
Clearing Services
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Globe e-KYC Application
Back Office
Back Office
KYC/KDC Status
Mutual Fund
RMS Policy
Download Forms
Useful Links
Exchange Holidays
Policies, Procedures, Rights, Obligations and RDD
Guidance Note on FATCA and CRS May 2016
Right and Obligation, RDD, Guidance Note in Vernacular Language - Equity | Commodity
Additional Risk Disclosure for Trading into Commodity options
In case of any grievances pleae write to / (For Trading) (For DP) (For PMS) (For Commodities)
SEBI Regn. No. NSE.:INB/INF/INE 230663732, TM No.:06637, Clearing No.- M50302 | SEBI Regn. No. BSE.:INB/INF/INE 010663731, Clearing No.- 3179 | SEBI Regn No. MSEI :INB/F 260663738, INE 260663732, TM Code-1004, Clearing Member Code- 4 | SEBI Regn for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | Research Analysts Regn No. INH100001187 | PMS Regn No. INP000002361
* Through subsidiary Globe Commodities Ltd. --> Commodity SEBI Regn. No. - INZ000024939, Exchange Regn. Nos. - MCX CM ID: 8550 TM ID: 10735, NCDEX CM ID: M50011 TM ID: 00012, NMCE ID: CL0111, ICEX ID: 1009, NCDXSPOT-CR-07-10011,
** Through step in subsidiary Globe Comex International DMCC --> DGCX **TM Id.1064, CM Id.3064*
"We also do Pro-Account trading in Commodity Segment.."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Attention Investors:
"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
© 2013 Globe Capital Market Limited. All rights reserved
Designed, Developed and Content powered by C-MOTS Infotech (ISO 9001:2008 Certified) Privacy Policy Disclaimer Terms and Conditions