FRANCHISE TRADE NOW OPEN AN ACCOUNT GLOBE E-KYC
End Session
Prev Next
As on May 23, 2019 12:00 AM Your results on : End Session    
Sensex, Nifty end lower after touching record high levels
23-May-2019 (16:52)

Domestic shares ended lower on Thursday as weak global cues triggered profit booking after a blockbuster rally in mid-morning trade. Prime Minister Narendra Modi-led NDA's thumping lead in the general elections propelled the Sensex above the psychological 40,000 mark and the Nifty above the psychological 12,000 mark in intraday trade. Modi's landslide victory boosted shares as investors expect his government will continue to pursue economic reforms.

The Sensex fell 298.82 points or 0.76% to settle at 38,811.39. The index surged 1014.75 points, or 2.59% at the day's high of 40,124.96. The index fell 458.60 points, or 1.17% at the day's low of 38,651.61.

The Nifty 50 index fell 80.85 points or 0.69% to settle at 11,657.05. The index soared 303.25 points, or 2.58% at the day's high of 12,041.15. The index fell 123.40 points, or 1.05% at the day's low of 11,614.50.

Trading for the day began on a strong note as election results showed the Narendra Modi-led NDA leading in early trends. Stocks extended gains in morning trade after election trends showed that Narendra Modi-led NDA is leading in over 300 seats. Key indices pared gains in volatile trade soon after scaling fresh record high in mid-morning trade.

Stocks further trimmed gains in early afternoon trade. Shares regained strength in afternoon trade. Volatility ruled the roost in mid-afternoon trade as the key indices regained positive zone soon after erasing strong intraday gains. Indices dropped in negative zone in late trade.

Counting of votes is underway today, 23 May 2019. Latest trends showed that NDA is leading in 342 seats, while UPA is leading in 82 and others leading in 98 seats. The 2019 Lok Sabha polls for 542 seats were held from April 11 to May 19. A party or coalition needs 272 seats in parliament to form a government.

On the stock market front, the S&P BSE Mid-Cap index shed 0.15%. The S&P BSE Small-Cap index fell 0.11%. Both these indices outperformed the Sensex.

The market breadth, indicating the overall health of the market, was negative. On the BSE, 1186 shares rose and 1325 shares fell. A total of 176 shares were unchanged.

Among the sectoral indices on BSE, the S&P BSE Capital Goods index (up 2.5%), the S&P BSE Bankex (up 1.82%) and the S&P BSE Oil & Gas index (up 1.78%), outperformed the Sensex. The S&P BSE FMCG index was the only index in the sectoral pack to underperform the Sensex. The FMCG barometer fell 1.02%.

Vedanta (down 5.53%), ITC (down 3.69%), Tata Motors (down 2.48%), Bajaj Finance (down 2.02%), Sun Pharmaceutical Industries (down 1.76%) and Tata Steel (down 1.65%), were the major Sensex losers.

Coal India (up 1.56%), Hero MotoCorp (up 1.51%), Power Grid Corporation of India (up 1.29%), Larsen & Toubro (up 1.04%), Bharti Airtel (up 1%) and HCL Technologies (up 0.7%), were the major Sensex gainers.

Private sector banks advanced. IndusInd Bank (up 5.23%), City Union Bank (up 2.97%), Yes Bank (up 1.53%), ICICI Bank (up 1.26%), RBL Bank (up 1.06%), Kotak Mahindra Bank (up 0.82%) and Federal Bank (up 0.79%), edged higher. Axis Bank fell 0.29%.

HDFC Bank reversed early gains and fell 2.94%. HDFC Bank said that its board pproved sub-division of one equity share of face value of Rs 2 each to two equity shares of face value of Re 1 each. The announcement was made after market hours yesterday, 22 May 2019.

Most public sector banks reversed early gains on profit booking. Allahabad Bank (down 4.6%), Central Bank of India (down 4.54%), Punjab & Sind Bank (down 1.98%), Union Bank of India (down 1.89%), Syndicate Bank (down 1.73%), Bank of Maharashtra (down 1.24%), Punjab National Bank (down 1%), Bank of India (down 0.67%), IDBI Bank (down 0.55%), UCO Bank (down 0.29%) and Andhra Bank (down 0.2%), edged lower. Canara Bank (up 0.21%), State Bank of India (up 0.43%), United Bank of India (up 0.47%), Indian Bank (up 2.02%) and Corporation Bank (up 2.28%), edged higher.

Bank of Baroda rose 1.03%. Bank of Baroda reported net loss of Rs 991.37 crore in Q4 March 2019 compared with net loss of Rs 3102.34 crore in Q4 March 2018. Total income rose 20.02% to Rs 15284.59 crore in Q4 March 2019 over in Q4 March 2018. The result was announced after market hours yesterday, 22 May 2019.

Most FMCG shares declined. Tata Global Beverages (down 1.58%), Procter & Gamble Hygiene & Health Care (down 1.28%), Hindustan Unilever (down 0.86%), Britannia Industries (down 0.42%), GlaxoSmithKline Consumer Healthcare (down 0.38%), Godrej Consumer Products (down 0.36%), Dabur India (down 0.17%) and Marico (down 0.1%), edged lower. Colgate Palmolive (India) (up 0.17%), Nestle India (up 0.91%), Jyothy Laboratories (up 1.29%) and Bajaj Corp (up 1.65%), edged higher.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 69.935, compared with its close of 69.6625 during the previous trading session.

In the global commodities markets, Brent for July 2019 settlement was down 98 cents at $70.01 a barrel. The contract fell $1.19 a barrel or 1.65% to settle at $70.99 a barrel during the previous trading session.

Overseas, European shares were trading lower amid ongoing US-China trade concerns and political uncertainty across the EU. Politics are a central focus as voting in the EU elections begins in the UK and the Netherlands. Brexit uncertainty also continues to weigh.

Asian stocks fell on Thursday as worries over US-China tensions grew. The US said it will impose trading restrictions on Chinese telecoms giant Huawei from August 19. A private survey suggested that Japan's manufacturing contracted in May. The Markit/JMMA flash purchasing managers' index fell to 49.6 in May from 50.2 in the previous month.

US stocks finished lower Wednesday as lingering trade woes overshadowed the release of the minutes from the Federal Reserve's policy meeting that was largely interpreted as accommodative.

Minutes for the rate-setting Federal Open Market Committee's April 30-May 1 meeting indicated that the voting members agreed the current accommodative policy can remain for now and that they were comfortable with the wait-and-see approach. They were, however, split on whether higher rates were necessary if the economy continued to evolved along the predicted path while others argued that higher productivity could indicate more economic softness than the low unemployment rate suggests.

Quick Wrap: Nifty FMCG Index falls 1.73%
23-May-2019 (16:00)
Stocks settle with modest gains ahead of election results
22-May-2019 (16:48)
Quick Wrap: Nifty PSE Index gains 1.00%
22-May-2019 (16:00)
Sensex, Nifty retreat after scaling record high
21-May-2019 (16:53)
Quick Wrap: Nifty Auto Index falls 2.52%, NIFTY Crashes 1.01%
21-May-2019 (16:00)
Sensex, Nifty settle at record high as exit polls predict NDA win
20-May-2019 (16:39)
Quick Wrap: Nifty PSU Bank Index records a surge of 7.88%, NIFTY climbs 3.69%
20-May-2019 (16:00)
Shares surge ahead of exit polls; Nifty crosses 11,400 mark
17-May-2019 (16:55)
Quick Wrap: Nifty Media Index rises 3.53%, NIFTY jumps 1.33%
17-May-2019 (16:00)
Market ends with modest gains
16-May-2019 (16:51)
Quick Wrap: Nifty Media Index gains 2.26%
16-May-2019 (16:00)
Sensex, Nifty register modest losses
15-May-2019 (16:45)
Quick Wrap: Nifty Media Index falls 3.74%
15-May-2019 (16:00)
Market snaps nine-day losing trend
14-May-2019 (16:48)
Quick Wrap: Nifty PSU Bank Index gains 2.85%
14-May-2019 (16:00)
Sensex, Nifty slide on weak global stocks
13-May-2019 (16:43)
Quick Wrap: Nifty PSU Bank Index registers a drop of 5.00%, NIFTY Crashes 1.16%
13-May-2019 (16:00)
Sensex settles below 37,500
10-May-2019 (16:31)
Quick Wrap: Nifty PSU Bank Index rises 2.55%
10-May-2019 (16:00)
Connect with us :   
Globe
About us
Our Services
Milestones
Memberships
Core Values
Investor Relations
Product & Services
Broking
Institutional Broking
PMS
Clearing Services
Distribution
Research
Depository
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Globe e-KYC Application
NSDL e-KYC Signer Application
Back Office
Back Office
CMS
CMS-TM
KYC/KDC Status
Mutual Fund
CAMS
RMS Policy
Helpdesk
Download Forms
Useful Links
BSE
NSE
SEBI
RBI
MCX
NCDEX
Exchange Holidays
Anti-Money Laundering Policy
Policies, Procedures, Rights, Obligations and RDD

Funds Payout Policy

Shortages Obligation Arising Out Of Internal Netting of Trades

Policies of Globe Commodities Limited
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
Investor_trading@globecapital.com /  igr@globecapital.com (For Trading)     globedp@globecapital.com (For DP)    Investor_pms@globecapital.com (For PMS)     
commigr@globecapital.com (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