Finance Update Uncategorized

DAILY MARKET INSIGHTS – 13th Feb 2019

This slideshow requires JavaScript.

Indian Indexes

Benchmark indices erased all their gains in the last hour on February 13, weighed by RIL, L&T, ICICI Bank and State Bank of India. The Sensex ended just above 36000 while Nifty closed below 10800. The Sensex declined by 0.33% or 119.51 points to 36034.11. The Nifty fell by 0.35% or 37.75 points to 10793.70.

Majority of the sectoral indices closed in red except IT, Realty and Technology.

Market breadth was in favour of declines with an advance-decline ratio of 1:2.

[jetpack_subscription_form show_only_email_and_button=”true” custom_background_button_color=”#362e77″ custom_text_button_color=”#ffffff” submit_button_text=”Subscribe” submit_button_classes=”wp-block-button__link has-text-color has-white-color has-background has-dark-blue-background-button-color” show_subscribers_total=”false” ]

13Top Gainer Losers

13Currency
Stocks in the news

1. Bosch Q3 net profit rose by 19.3% y-o-y to Rs.335.4 crore.

2. Adani Gas Q3 net profit slipped by 6.8% q-o-q to Rs.47 crore.

 

Buzzing stocks on BSE

1. CG Power and Industrial Solutions fell by 29.63% to Rs.23.75, after reporting the consolidated net loss of Rs.150.18 crore in Q3 December 2018.

2. Shares of Natco Pharma declined by 4.68% to Rs.635, after consolidated net profit slipped by 27% y-o-y to Rs.159 crore in Q3FY2019.

Global Signals

Asian stock markets were mostly higher on February 13, on positive US-China trade sentiment.

European stock markets traded higher amid US-China trade deal hopes.

Leave a Reply