End Session
Prev Next
As on Oct 17, 2018 12:00 AM Your results on : End Session    
Shares snap three-day gains amid profit selling
17-Oct-2018 (16:36)

Key equity benchmarks snapped their three-day gains and ended sharply lower amid high volatility. Selling in auto and financial stocks put pressure on bourses. The Sensex ended below the psychologically important 35,000 mark.

Domestic stock market will remain shut on Thursday, 18 October 2018, on account of Dussehra.

The Sensex fell 382.90 points or 1.09% to settle at 34,779.58, its lowest closing level since 12 October 2018. The index rose 442.95 points, or 1.26% at the day's high of 35,605.43. The index fell 435.32 points, or 1.24% at the day's low of 34,727.16.

The Nifty 50 index fell 131.70 points or 1.24% to settle at 10,453.05, its lowest closing level since 11 October 2018. The index rose 125.40 points, or 1.18% at the day's high of 10,710.15. The index fell 148.30 points, or 1.40% at the day's low of 10,436.45.

Among secondary barometers, the BSE Mid-Cap index fell 2.23%. The BSE Small-Cap index fell 2.21%. Both these indices underperformed the Sensex.

The market breadth, indicating the overall health of the market, was weak. On BSE, 705 shares rose and 1904 shares fell. A total of 136 shares were unchanged.

Among the sectoral indices on BSE, the S&P BSE Realty index (down 3.17%), the S&P BSE Auto index (down 3%), the S&P BSE Oil & Gas index (down 2.42%), the S&P BSE Industrials index (down 2.29%), the S&P BSE Consumer Discretionary Goods & Services index (down 2.23%), the S&P BSE Finance index (down 2.22%), the S&P BSE Basic Materials index (down 2.17%), the S&P BSE Metal index (down 2.04%), the S&P BSE Bankex (down 1.81%), the S&P BSE Telecom index (down 1.78%), the S&P BSE Capital Goods index (down 1.6%), the S&P BSE Healthcare index (down 1.56%), the S&P BSE Energy index (down 1.55%), the S&P BSE Utilities index (down 1.3%),the S&P BSE Power index (down 1.25%) and the S&P BSE Consumer Durables index (down 1.17%), underperformed the Sensex. The S&P BSE Teck index (down 0.23%), the S&P BSE FMCG index (up 0.11%) and the S&P BSE IT index ended flat, outperforming the Sensex.

Index heavyweight Reliance Industries (RIL) fell 1.27% to Rs 1148.90 ahead of Q2 results today, 17 October 2018.

Mahindra & Mahindra (M&M) fell 2.87%. Mahindra Group and Ford today, 17 October 2018, strengthened their ongoing strategic alliance in India with the signing of two definitive agreements. The two definitive agreements on powertrain sharing and connected car solutions reinforce the progress made in the strategic alliance between the two companies, first announced in September 2017 and followed up with five Memoranda of Understanding (MoU) in March 2018. Under the definitive agreement on powertrain sharing, Mahindra Group will develop and supply a low-displacement petrol engine to Ford India for use in its present and future vehicles, starting in 2020. The BS-VI compliant powertrain will help Ford extend and strengthen its existing offering of petrol engines, that currently includes the all-new 3-cylinder TiVCT family. Building on their intent to co-develop a suite of connected car solutions, Mahindra and Ford also announced joint development of a telematics control unit. Once developed, the connected vehicle solution will be deployed across both Mahindra and Ford vehicles.

Shares of Hero MotoCorp fell 2.88%. Net profit of Hero MotoCorp declined 3.39% to Rs 976.28 crore on 8.59% rise in net sales to Rs 9090.94 crore in Q2 September 2018 over Q2 September 2017. The result was announced after market hours yesterday, 16 October 2018.

Earnings before interest, tax, depreciation, & amortization (EBITDA) for the quarter stood at Rs 1379 crore, reflecting 15.2% EBITDA margin (vs. 15.6% in Q1 June 2018 and 17.4% in the corresponding period last year). The company reported volumes of 21,34,051 units in Q2 September 2018, a growth of 5.5% over corresponding period.

Shares of Infosys rose 1.16%. IT major Infosys announced its consolidated results under International Financial Reporting Standards (IFRS) after market hours yesterday, 16 October 2018. On a consolidated basis, Infosys' net profit rose 13.8% to Rs 4110 crore on 7.7% increase in revenues to Rs 20609 crore in Q2 September 2018 over Q1 June 2018. FY2019 revenue guidance in constant currency was retained at 6%-8% and operating margin guidance was retained at 22%-24%.

Banks declined. Among private sector banks. Yes Bank (down 6.85%), Federal Bank (down 3.8%), Axis Bank (down 2.41%), ICICI Bank (down 1.98%), IndusInd Bank (down 1.05%), HDFC Bank (down 0.7%) and RBL Bank (down 0.09%), edged lower. Kotak Mahindra Bank (up 0.11%) and City Union Bank (up 2.95%), edged higher.

Among public sector banks, Indian Bank (down 7.46%), Canara Bank (down 6.97%), Union Bank of India (down 5.91%), Punjab National Bank (down 4.8%), Bank of India (down 4.18%), Vijaya Bank (down 3.5%), State Bank of India (down 3.35%), Andhra Bank (down 3.33%), Syndicate Bank (down 3.17%), Central Bank of India (down 1.91%), UCO Bank (down 1.75%), United Bank of India (down 1.39%), Dena Bank (down 1.3%), Allahabad Bank (down 1.04%), IDBI Bank (down 0.84%), Bank of Baroda (down 0.75%), Punjab & Sind Bank (down 0.19%) and Bank of Maharashtra (down 0.17%), edged lower. Corporation Bank rose 0.20%.

Shares of non-banking financial companies (NBFCs) tumbled. Indiabulls Housing Finance (down 13.17%), Edelweiss Financial Services (down 9.99%), Mahindra & Mahindra Financial Services (down 7.74%), Reliance Capital (down 7.28%), ajaj Finance (down 6.76%), Muthoot Capital Services (down 6.61%), IIFL Holdings (down 6.45%), Shriram Transport Finance Corporation (down 5.98%), Cholamandalam Investment and Finance Company (down 5.39%), Manappuram Finance (down 4.89%), IDFC (down 4.82%), Bajaj Finserv (down 4.81%) and LIC Housing Finance (down 2.64%), edged lower. Muthoot Finance rose 0.26%.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 73.5825, compared with its close of 73.48 during the previous trading session.

In the global commodities markets, Brent for December 2018 settlement was down 21 cents at $81.20 a barrel.

Overseas, most European declined after a positive start. Asian stocks ended higher Wednesday, after upbeat earnings on Wall Street helped to restore an appetite for riskier assets.

Meanwhile, US President Donald Trump continued his criticism of the Federal Reserve, calling it his biggest threat as it was raising rates too fast. Trump had previously said the Fed has gone crazy and attributed last week's plunge on Wall Street to the US central bank.

On the data front, US industrial production rose 0.3% in September, according to the Federal Reserve. The number of job openings in the US reached another all-time high of 7.1 million in August, according a report released Tuesday morning by the Labor Department. The same report showed that American workers were voluntarily quitting their jobs at a rate of 2.4% in August, matching the July reading, which was the highest since 2001.

The National Association of Home Builders Confidence Index ticked up one point to 68 in October, though it remains down from a cycle high of 74, reached in December 2017.

Quick Wrap: Nifty PSU Bank Index registers a drop of 3.41%, NIFTY Crashes 1.24%
17-Oct-2018 (16:00)
Market ends higher for third straight session
16-Oct-2018 (16:25)
Quick Wrap: Nifty PSU Bank Index rises 2.72%
16-Oct-2018 (16:00)
Market climbs amid volatility
15-Oct-2018 (16:26)
Quick Wrap: Nifty Pharma Index records a surge of 2.61%
15-Oct-2018 (16:00)
Domestic shares rally amid global recovery
12-Oct-2018 (16:25)
Quick Wrap: Nifty Metal Index rises 3.98%, NIFTY jumps 2.32%
12-Oct-2018 (16:00)
Market slumps on weak global stocks
11-Oct-2018 (16:41)
Quick Wrap: Nifty PSU Bank Index falls 5.16%, NIFTY Crashes 2.16%
11-Oct-2018 (16:00)
Market bounces back as financial, auto shares rally
10-Oct-2018 (16:43)
Quick Wrap: Nifty PSU Bank Index rises 5.58%, NIFTY jumps 1.54%
10-Oct-2018 (16:00)
Shares slide amid volatility on rupee woes, rising crude prices
09-Oct-2018 (16:21)
Quick Wrap: Nifty Auto Index registers a drop of 2.63%
09-Oct-2018 (16:00)
Sensex, Nifty bounce back on bargain hunting
08-Oct-2018 (16:29)
Quick Wrap: Nifty Energy Index records a surge of 4.14%
08-Oct-2018 (16:00)
Sensex, Nifty drop as pivotals slide
05-Oct-2018 (16:11)
Quick Wrap: Nifty PSE Index declines 8.05%, NIFTY Tumbles 2.67%
05-Oct-2018 (16:00)
Sensex, Nifty crash as weak rupee sends stocks into a tailspin
04-Oct-2018 (16:18)
Quick Wrap: Nifty Energy Index falls 6.14%, NIFTY Crashes 2.39%
04-Oct-2018 (16:00)
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
Anti-Money Laundering Policy
Policies, Procedures, Rights, Obligations and RDD

Funds Payout Policy
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)
Equity SEBI Registration No INZ000177137. Exchange Registration Nos NSE : TM No. - 06637, Clearing No.- M50302 | BSE : Clearing No.- 3179 | MSEI : TM Code-1004, Clearing Member Code- 4 | SEBI Registration for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | SEBI Research Analysts Registration No. INH100001187 | SEBI PMS Registration No. INP00000236
* 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 9001:2015 Certified) Privacy Policy Disclaimer Terms and Conditions