homemarket News

CNBCTV18 Market highlights: Nifty holds 11000, Sensex dips 74 points, Maruti, Tata Motors, HCL Tech top gainers, Yes Bank dips 6.7%

CNBCTV18 Market highlights: Nifty holds 11000, Sensex dips 74 points, Maruti, Tata Motors, HCL Tech top gainers, Yes Bank dips 6.7%

CNBCTV18 Market highlights: Nifty holds 11000, Sensex dips 74 points, Maruti, Tata Motors, HCL Tech top gainers, Yes Bank dips 6.7%
Read Time
Summary

Indian shares settled lower on Tuesday, led by a fall in financial and consumer stocks with Yes Bank Ltd closing at its lowest in over six years. The broader NSE Nifty closed 0.33 percent lower at 11,017, while the benchmark BSE Sensex finished down 0.2 percent at 37,328.01. The Nifty PSU index finished the day 2.35 percent lower, with State Bank of India settling down over 1 percent. Among consumer stocks, Britannia Industries Ltd lost 3.24 percent to its lowest since February 2018, while ITC Ltd settled 1.87 percent lower. IT stocks held onto gains and closed 1.2 percent higher as the rupee weakened to its lowest since February. Here are the main highlights from the stock markets today:

Live Updates

Markets at close: How the major indices and stocks fared on Tuesday
Indian shares ended with marginally lower on Tuesday as cautious investors awaited more details on reports of a corporate tax rate cut by the government before making fresh bets.
CNBCTV18 Market highlights: Nifty holds 11000, Sensex dips 74 points, Maruti, Tata Motors, HCL Tech top gainers, Yes Bank dips 6.7%
Aug 20, 2019 4:14 PM

Maruti Suzuki, Tata Motors, Infosys top gainers##Maruti Suzuki, Tata Motors, Infosys top gainers

Aug 20, 2019 4:12 PM

Yes Bank dips 7%, Britannia, UltraTech Cement among top losers##Yes Bank dips 7%, Britannia, UltraTech Cement among top losers

Aug 20, 2019 4:11 PM

Market fails to hold opening-hour gains, snaps three-day gaining streak##Market fails to hold opening-hour gains, snaps three-day gaining streak

Aug 20, 2019 4:10 PM

Closing Bell: Sensex sheds 74 points lower, Nifty holds 11000, Maruti Suzuki top gainer##Closing Bell: Sensex sheds 74 points lower, Nifty holds 11000, Maruti Suzuki top gainer

The BSE Sensex settled over 74 points lower, or 0.20 percent, at 37328. The NSE Nifty50 settled at 11017, down 37 points, or 0.33 percent. The Nifty MidCap index settled 0.85 percent lower, while the banking gauge, Nifty Bank slipped 0.72 percent. PSU bank and metal were among the worst falling sectors, while auto, IT and teck advanced. Maruti Suzuki, Tata Motors, HCL Tech, Infosys and Dr Reddy's were top gainers, rising between 1 and 4 percent. The losers included Yes Bank, Indiabulls Housing Finance, Britannia, UltraTech Cement and IndusInd Bank, dipping between 2 and 7 percent. 

Aug 20, 2019 3:45 PM

NMDC tanks 11%; Karnataka may auction Donimalai rights##NMDC tanks 11%; Karnataka may auction Donimalai rights

Shares of NMDC fell 11 percent to trade at Rs 91.05 on reports that the Karnataka government has withdrawn its lease renewal letter for Donimalai mining block awarded to the company, and will auction the mining rights for the block. Brokerage Edelweiss Securities said this decision may have a far-reaching impact for NMDC as this could set a precedent for renewing mining leases, and the company may have to pay a hefty premium in the e-auction of mining blocks. The stock hit a three-month low of Rs 90.10.

Aug 20, 2019 3:22 PM

AGC Networks surges 20% on robust June quarter results##AGC Networks surges 20% on robust June quarter results


Shares of technology solutions provider AGC Networks rallied another 20 percent to hit 20-month high on August 20. The stock rallied for three consecutive sessions after strong numbers in June ended quarter.

Aug 20, 2019 3:21 PM

European shares inch higher as stimulus hopes spur rebound##European shares inch higher as stimulus hopes spur rebound

European shares followed their Asian counterparts higher on Tuesday as investors bet possible monetary and fiscal stimulus measures would help stave off a major global economic downturn. In early European trade, the pan-region Euro Stoxx 600 rose 0.2 percent, the German DAX gained 0.1 percent, and Britain’s FTSE rose 0.36 percent. That followed gains in Asia. The MSCI world equity index, which tracks shares in 47 countries, rose 0.1 percent and followed a decent rebound on Monday.

Aug 20, 2019 3:14 PM

British Gas exits Mahanagar Gas: A timeline of its stake sale##British Gas exits Mahanagar Gas: A timeline of its stake sale

UK's leading energy and home services firm British Gas has sold all of its holdings, or a 10 percent stake, in Mumbai-based Mahanagar Gas Ltd (MGL) through a block deal on the bourses today. Mahanagar Gas was listed on July 2016 at Rs 540 per share with GAIL and British Gas holding 32.5 percent stake each in the company. While GAIL still holds its 32.5 percent stake in the company, British Gas has been selling its stake since April 2018. READ MORE

Aug 20, 2019 3:06 PM
CG Power: Curious case of misstatements and financial fraud
Though the company promises to undertake forensic audit and legal action against the perpetrators, the stock has already lost nearly 70 percent of its value in 2019Get latest Business online at cnbctv18.com
CNBCTV18 Market highlights: Nifty holds 11000, Sensex dips 74 points, Maruti, Tata Motors, HCL Tech top gainers, Yes Bank dips 6.7%
Aug 20, 2019 2:50 PM

These 9 mid & smallcap stocks look attractive in a fragile market; do you own any?##These 9 mid & smallcap stocks look attractive in a fragile market; do you own any?

Indian equity market looks fragile at this juncture as global and domestic headwinds have eroded investors' risk appetite. At first glance, it appears that the trend of 'sell-on-rise’ is dominant as every one or two sessions of gain in the market is succeeded by a fresh wave of selling.

While the worries over the US-China trade war remain, deteriorating domestic microeconomic health, plunging auto sales—a major indicator of the country's economic health—and the budget proposal of a tax surcharge on super-rich have shaken India's position as an attractive market. READ MORE

Aug 20, 2019 2:28 PM

Slowdown Effect: Out of 15 stocks on Nifty Auto index, 14 have fallen 14-40% this year##Slowdown Effect: Out of 15 stocks on Nifty Auto index, 14 have fallen 14-40% this year


The auto sector is facing its worst crisis in two decades with reports suggesting thousands of job losses in the automobile and ancillary industry. Consumption slowdown along with the upcoming shift to BS-VI standards might further decelerate production and result in job losses. According to the recent data released by Society for Indian Automobile Manufacturers, the sector slashed production by over 11 percent in July. Commercial Vehicle production came down by 26 percent and Passenger Vehicle production came down by 16.5 percent. READ MORE

Aug 20, 2019 2:02 PM

CNBCTV18 Exclusive: DGGI has detected Rs 14,701 crore indirect tax evasion in Q1FY20##CNBCTV18 Exclusive: DGGI has detected Rs 14,701 crore indirect tax evasion in Q1FY20

Aug 20, 2019 1:47 PM

This stock rose over 4000% in 8 years but fell 78% in just last 1 year. Here's why##This stock rose over 4000% in 8 years but fell 78% in just last 1 year. Here's why

Indiabulls Ventures has given strong returns to investors during the last eight years. In 2011, the company hit its all-time low of Rs 5. The stock has risen over 4000 percent since then to trade around Rs 205 currently. Rs 1,00,000 invested into Indiabulls Ventures stock in 2011 would have grown to Rs 41 lakh today. READ MORE

Aug 20, 2019 1:19 PM

These 9 mid & smallcap stocks look attractive in a fragile market; do you own any?##These 9 mid & smallcap stocks look attractive in a fragile market; do you own any?


Indian equity market looks fragile at this juncture as global and domestic headwinds have eroded investors' risk appetite. At first glance, it appears that the trend of 'sell-on-rise’ is dominant as every one or two sessions of gain in the market is succeeded by a fresh wave of selling.


While the worries over the US-China trade war remain, deteriorating domestic microeconomic health, plunging auto sales—a major indicator of the country's economic health—and the budget proposal of a tax surcharge on super-rich have shaken India's position as an attractive market. READ MORE

Aug 20, 2019 1:03 PM

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng