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L&T Technology Services lists 7% higher at Rs 920 Benchmark indices continue to trade in a narrow range with negative bias amid weakness among index heavyweight shares. However, the downside is limited due to buying demand among Reliance Industries and HDFC. At 11:00 am, the S&P   BSE   Sensex slipped 29 points at 28,744 and the Nifty50 dipped 7 points to trade at 8,861. Among broader markets, BSE Midcap and Smallcapindices are up 0.4% each. Top losers from the Sensex pack are Axis Bank, Lupin, ICICI Bank, Tata Motors and Infosys, all down between 1%-4.5%. Axis Bank was down over 4% on speculation of SUUTI stake sale in the bank. On the gaining side, TCS, Reliance Inds, Bajaj Auto, Bharti Airtel and HDFC are up almost 1%. Also Read:   IT sector slowdown to hit mid-caps worst L & T Share Price   Technology Services opened at Rs 920 on the National Stock Exchange (NSE) today, against an issue price of Rs 860 per share, at a premium of around...

Banking shares mainly public sector undertakings (PSUs) have rallied by up to 13% on the National Stock Exchange (NSE) in early morning trade after the Reserve Bank of India (RBI) has allowed banks to beef up its capital adequacy by including certain items such as property value, foreign exchange for calculation of its Tier-I capital.  CLICK HERE TO READ FULL REPORT. ALSO READ: Markets Live

With the  Sensex   down -22.56% since the closing peak of January 29, 2015, investors, especially those who entered the equity markets for the first time in the post-election rally, are experiencing a lot of pain. Here is what they should do to survive this downturn.    Read Full Article Over Here :  Business Standard News

After tumbling 800 points on Thursday and wiping off Rs 3-lakh crore of investor wealth, the markets resumed their journey south on Friday after a firm start. From their peak levels, the S&P BSE Sensex and the Nifty 50 index have lost nearly 24% till date. Given the magnitude of fall in the Indian benchmarks on the back of a host of global and domestic factors, analysts suggest that the pain is not likely to go in a hurry. They expect the indices to dip further in case the global macros do not stabilise. Also Read:  FII holding falls to three-year low in December quarter A K Prabhakar, head of research, IDBI Capital, says: "In case the correction across global markets picks up pace, we can expect the Nifty to hit 6,357 levels, which is the high level of 2008. The fall in the markets does seem to be a repeat of 2008. Also Read:  5 reasons why Sensex slipped over 800 points "A lot of global indices have breached their two-year low leve...

Markets have recovered from their day's lows, amid firm European cues, even as bank shares continue to lead the decline after a host of state owned banks reported huge losses because of higher provisioning on account of rising non-performing assets. At 2:30pm, the S&P BSE Sensex was down 193 points at 23,828 and the Nifty50 was down 62 points at 7,236 after hitting an intra-day low of 7,177.75. Read Full Article Over Here :  Business Standard News

Markets continue their southward journey triggered by a massive sell-off in global equities. However, a revision in country’s GDP growth for the current fiscal year has arrested the free fall on Dalal Street. At 2 pm, the S&P BSE Sensex was down 286 points at 24,001 and the Nifty50 was down 92 points at 7,295.  Read Full Article Over Here :  Business Standard News

After cracking over 2% in the previous session, marketsmade a comeback today morning with Sensex reclaiming the crucial 25,000 mark in the early trades. However, the Sensex slipped below the key level but continues to remain firm as investors purchase the battered bluechips at attractive valuations. At 11:15 am, S&P BSE Sensex was up 63 points at 24,915 and Nifty50 was up 17 points at 7,585. Read Articles  

Benchmark shares  indices crashed over 2%, amid a sell-off in Asia and Europe, after suspension of trading in Chinese shares post the sharp plunge in Shanghai Composite. Further, geopolitical tensions in the Middle-East also dampened sentiment. The S&P BSE Sensex tumbled 534 points to close at 25,627 and the Nifty50 plunged 171 points to end at 7,793. In the broader markets, BSE Mid-cap and Small-cap indices cracked 1% each. Market breadth finished remain weak with 1,284 gainers and 1,598 losers on the BSE. “China's PMI continues to underline its downward growth trajectory with equity markets reflecting a sub-7% GDP figure for calendar 2016 and beyond. India’s manufacturing PMI has hitherto stayed reasonably resilient despite weak aggregate demand. However,a sub-50 print at the beginning of the year marks extended expectations on a recovery. One would hope that prudent fiscal expansion and select sector-wise recovery would bring back the ...