Sensex scales new closing peak, soars 530 points; Nifty above 12,050
Business | Nov 25, 2019, 04:13 PM ISTAfter touching its record intra-day high of 40,931.71, the 30-share BSE Sensex ended 529.82 points, or 1.31 per cent, higher at 40,889.23.
After touching its record intra-day high of 40,931.71, the 30-share BSE Sensex ended 529.82 points, or 1.31 per cent, higher at 40,889.23.
On the currency front, the rupee depreciated 2 paise (intra-day) against the US dollar to trade at 71.83 in early session.
The recently implemented interoperability functions were conducted from DR for the first time. All the operations across all market segments were also performed from DR site without any hiccups, the BSE said in a statement
Vinayaka Finlease Pvt Ltd, Hi-Tech Chemicals Pvt Ltd, Hi-Tech Heritage Ltd, Gradgrind Barter Pvt Ltd, Toplight Commercials Ltd and Wrinkle Marketing Pvt Ltd are the firms facing penalty.
The 30-share index, which opened on a firm note, turned negative in afternoon session before ending 72.50 points, or 0.18 per cent, down at 40,284.19.
Market benchmark BSE Sensex closed with modest gains on Friday, led by a spurt in Bharti Airtel and SBI, amid encouraging global cues. The 30-share index, which opened on a firm note, came under selling pressure at the fag-end of the session as investors turned cautious over weak growth signals. After climbing over 363 points during the day, the Sensex ended 70.21 points, or 0.17 per cent, higher at 40,356.69.
The 30-share index was trading 206.79 points, or 0.51 per cent, higher at 40,493.27, while the broader NSE Nifty rose 55.05 points, or 0.46 per cent, to 11,927.15.
After swinging 322 points during the day, the 30-share Sensex ended 170.42 points, or 0.42 per cent, higher at 40,286.48.
The scrip which tanked 7 per cent to Rs 71.20 during the day, later bounced back and closed with a gain of 3.46 per cent at Rs 79.25 on the BSE.
State-owned Bank of Baroda on Friday reported a jump of 73.2 per cent in its net profit to Rs 736.68 crore in the second quarter ended September 30.
Despite a decline in revenue, which was hit by falling prices and plunging demand, Tata Steel on Wednesday reported a 5.9 per cent rise in consolidated net for the September quarter this year at Rs 3,302.31 crore.
The company paid Rs 19,12,500 towards full and final settlement of the alleged default, according to an order on Tuesday.
The bank had registered a net loss of Rs 487.26 crore in the corresponding quarter of the previous financial year. In the first quarter of the current financial year, it had posted a net loss of Rs 342 crore.
Equity benchmark BSE Sensex ended marginally higher at 40,165 points on Friday after a volatile session as markets consolidated after scaling new highs.
The fund raise is subject to regulatory approvals and bank's board and shareholders approvals, it said in a regulatory filing.
Shares of the state-owned lender rose 16.40 per cent to Rs 10.36 apiece on the BSE. On the NSE, the scrip zoomed 16.85 per cent to Rs 10.05.
Inching closer to its all-time intraday high, the 30-share index was trading 220.26 points, or 0.55 per cent, higher at 40,272.13, and the broader NSE Nifty advanced 64.80 points, or 0.55 per cent, to 11,908.90.
Markets regulator Sebi on Wednesday levied a total fine of Rs 40 lakh on eight entities for executing fraudulent trades in illiquid stock options on the BSE.
After hitting a high of 39,894.18, the 30-share index was trading 639.33 points, or 1.63 per cent, higher at 39,889.53 in mid-session, and the broader NSE Nifty advanced 175.85 points, or 1.51 per cent, to 11,803.65.
The homegrown auto major on Friday reported a consolidated net loss of Rs 187.7 crore for the quarter ended September 30, against a loss of Rs 1,009.49 crore in the same period of 2018-19.
Top News
Latest News