Sensex Today Live: Share market in red, Sensex falls 220 points, Nifty at 11,900; IT stocks decline
Sensex Today Live: Share market in red, Sensex falls 220 points, Nifty at 11,900; IT stocks decline
businesstoday.in | Updated Nov 22, 2019 3:59 PM IST
Share Market Today: Benchmark indices Sensex and Nifty fell 0.40% each by the closing bell on Friday, tracking weak global equities as conflicting signals on trade talks kept investors on the sidelines. BSE Sensex closed 215 points lower at 40,359 and Nifty ended 54 points lower at 11,914. The worst performers in the last hour of trade included Bharti Infratel, Infosys, UPL, Asian Paints and TCS, while top gainers were Tata Steel, NTPC, Eicher Motors, Zee Entertainment and JSW Steel. While auto, media, metal and realty indices closed in the green, pharma, FMCG, IT and banking sector based indices closed in the red.

Nov 22, 2019 8:50 AM IST
SGX Nifty trades marginally lower
SGX Nifty, Nifty Futures, currently trades 6 points lower at 11,970, indicating a negative opening for the broader domestic market on Friday.
Nov 22, 2019 8:54 AM IST
Global Market Update
On Wall Street, stocks dipped on Thursday as investors awaited further developments from the US-China trade deal, that has yet not given any no concrete signs. Elsewhere in Asia, indices namely Nikkei, Straits Times, Hang Seng traded higher, followed by marginally higher KOSPI index, while Taiwan Index and Shanghai indices traded tad lower.
Nov 22, 2019 8:57 AM IST
Trade deal uncertainty
Worries of "phase one" trade deal between the United States and China not occurring until next year weighed on investor sentiments. In the meanwhile, U.S. House of Representatives passed two bills to back protesters in Hong Kong and send a warning to China about human rights, that hampered further progress in end of the 16-month-long trade war.
Nov 22, 2019 9:04 AM IST
Sony in talks to acquire stake in Network18
Network18's shares were trading 15% higher on BSE on Thursday at Rs 29.60, after reports suggested that Japan's Sony Corp was in talks to buy stake in company promoted by Mukesh Ambani owned-Reliance Industries (RIL). The company on Thursday after market hours clarified on the reports of Sony stake purchase that it is evaluating various opportunities on an ongoing basis. Read more
Nov 22, 2019 9:05 AM IST
Pre-Open Market
At the pre-open session Friday, Sensex gained 48 points to 40,623 while Nifty trades 5 points lower at 11,962 level.
Nov 22, 2019 9:08 AM IST
NTPC may offer Rs 10,000 cr for govt's stake in NEEPCO, THDC

Nov 22, 2019 9:11 AM IST
RBI takes DHFL to insolvency process
Nov 22, 2019 9:15 AM IST
ICRA predicts India's Q2FY20 GDP growth rate fall to 4.7%
Nov 22, 2019 9:19 AM IST
Market opens higher, but erases gains to trade in red
Sensex opened at 40,653.17 against the previous close of 40,575.17, although erased early gains to trade 20 points lower at 40,553. Similarly, Nifty opened at 12,025.65 against the closing of 11,968, but fell later to trade 13 points lower at 11,954.
Nov 22, 2019 9:30 AM IST
Sector advance-decline update
Out of 11 sectoral indices in Nifty, 5 indices namely IT, auto, banking, financial services and private banking indices traded in the red, while FMCG, metal, media, pharma, PSU banking and realty traded in the green.
Nov 22, 2019 9:32 AM IST
Tata Power rises 1.5%
Nov 22, 2019 9:52 AM IST
Share price of Network 18 Media Investments rises over 14%
Network 18 Media Investments' shares climbed over 14% in Friday's early trade after media reports suggested that Japan's Sony Corp was in talks to buy stake in company promoted by Mukesh Ambani owned-Reliance Industries (RIL). The share price of Network 18 Media Investments has risen 14.44% to day to the day's high of Rs 31.70, against the previous closing price of Rs 27.70. The share price currently trades 10.7 points lower from its 52-week high of Rs 42.40 on the BSE. Our company evaluates various opportunities on an ongoing basis, the company said in a BSE filing. "We have made and will continue to make necessary disclosures in compliance with our obligations under Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 and our agreements with the stock exchanges," it added. Read more
Nov 22, 2019 10:22 AM IST
Brent Crude declines
Brent Crude slipped as persistent worries over the status of trade negotiations between US-China kept trades muted. The global oil benchmark currently trades at $63.60 per barrel, down 0.58%.
Nov 22, 2019 10:32 AM IST
CSB Bank IPO to open today
Nov 22, 2019 10:40 AM IST
Market Update
Nov 22, 2019 11:19 AM IST
RITES shares declines over 3%
Nov 22, 2019 12:10 PM IST
FII turn positive, DII negative on Thursday
Foreign institutional investors bought shares worth Rs 5,023.54 crore in the capital market in the previous session, while domestic institutional investors sold equities worth Rs 247.74 crore, data available with stock exchange showed.
Nov 22, 2019 12:13 PM IST
IT stocks decline
IT stocks traded lower today, with Wipro and Infosys being the top losers in early morning trade amid reports of changes in US work visa requirements, that aimed in protecting American workers. This also fuelled the overall weakness in the market. On NSE, Nifty IT index led losses as it fell nearly 2% in the early trade.
Nov 22, 2019 12:16 PM IST
Rupee gains after opening lower
After opening tad lower at 71.77 per dollar, Rupee, the domestic unit gained 6 paise to 71.70 against US dollar, in line with Asian peers, amid fresh foreign fund inflows and easing crude oil prices. The local currency on Thursday had closed at 71.76 against the US dollar. Read more
Nov 22, 2019 12:42 PM IST
NTPC shares rise 3.61%
NTPC shares rose 3.61% to Rs 119.25 in Friday early trade after media reports suggested that the company may make an aggressive bid of about Rs 10,000 crore in a move to acquire THDC and Neepco. The Cabinet on Wednesday gave in-principle approval for strategic disinvestment in two hydro power-producing companies, THDC and Neepco to state-owned NTPC. Further, financial services company Morgan Stanley upgraded the rating of the company to overweight, with a target at Rs 152 per share.