At 9.18 am, BSE Sensex was down 90.36 points at 26,027, while Nifty50 index was down 29.80 points at 7,901.
9.47 am: Shares of Chennai-based TVS Motor Company was trading 2.07 per cent down at Rs 283.20. The company on Monday reported 2.43 per cent increase in total sales at 2,25,401 units in November. In a statement TVS Motor said, “Incessant rains for the past three weeks in Chennai have had an adverse effect on company’s production during this period. The company suffered sales loss of approximately 15,000 units due to inclement weather”. Sensex was down 95 points at 26,022.
9.46 am: Just Dial share price fell as much as 5.76 per cent in the early trade after the company informed BSE that it has filed the Draft Letter of Offer for Buy-back of Equity Shares of the company with Securities and Exchange Board of India on December 02, 2015.
9.40 am: Natco Pharma was down 0.34 per cent at Rs 515.10. Shares of the drug firm fell 1.41 per cent on Wednesday after the company said its active pharmaceuticals ingredient plant at Chennai has suspended operations due to flooding caused by rains. The BSE Healthcare index was down 0.52 per cent at 16,530.34. Sensex was down 85 points at 26,032. Nifty was down 32 points at 7,899.35.
9.36 am: According to the data released by the NSE, the Foreign Institutional Investors (FIIs) were net buyers of Rs 643.13 crore in index futures and options segments, as per Wednesday’s data, December 02, 2015.
FIIs were net sellers of index futures to the tune of Rs 506.26 crore and they bought index options worth Rs 1,149.37 crore. In the stock segment, FII’s were net sellers of stock futures worth Rs 217.19 crore, while they bought stock options worth Rs 56.71 crore.
9.31 am: Tree House shares hit upper circuit for the third consecutive trading session on Thursday after the company on Tuesday clarified that there was an error with respect to the promoters’ pledge of shares reported by BSE on their website. On November 20, it had been communicated to BSE that promoters have pledged 2,50,000 shares in one of the promoters’ accounts which was erroneously mentioned as 25,00,000 shares by BSE. This has created unnecessary confusion and concerns among investors. The share price of the company jumped 10 per cent up to Rs 202.40. Sensex was down 68.76 points at 26,049.
9.29 am: Shares of Bharat Seats zoomed 20 per cent to Rs 49.40 in the early trade and hit upper circuit on Thursday after the company informed BSE on Wednesday that the Board of Directors on November 10, 2015 have approved policy on preservation of documents and determination of material/ price sensitive information. Sensex was down 57.71 points at 26,060.
9.18 am: Sensex was down 90.36 points at 26027. Nifty was down 29.80 points at 7,901. India’s third largest software services firm Wipro on Wednesday said it will acquire German IT consulting firm cellent AG for 73.5 million euros (about Rs 518 crore). The share price of the company was trading 1 per cent up in the early trade.
9.15 am: The BSE Sensex and NSE Nifty opened on a flat to cautious note on Thursday tracking weak global markets. Sensex opened 6 points up at 26,123.86, while Nifty opened 29 points down at 7,902.30.
Most of Asian stocks slipped and the dollar advanced on Thursday after hawkish comments from Federal Reserve Chair Janet Yellen reinforced the case for an interest rate hike later this month.
US stocks closed sharply lower on Wednesday after hawkish comments from Janet Yellen boosted expectations of an interest rate hike, and oil dipped below $40 a barrel. The S&P 500 energy index fell 3.1 per cent, leading declines in the S&P 500 as US crude oil futures finished the session down 4.6 per cent at $39.94.
Back home, the BSE Sensex and NSE Nifty snapped four-day winning streak on Wednesday. Sensex closed 51.56 points down at 26,117.85, while Nifty50 index closed 23.55 points down at 7,931.
(With inputs from agencies)
| Subscribe To Our Free Newsletter |
