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Thursday, April 02, 2020

Markets, gold, petrol, diesel price highlights: Sensex ends record-breaking run, cracks 330 points

Share Market, Gold, Petrol, Diesel Price/Rate Highlights: All that happened across equity, commodity and money markets during the week.

By: Express Web Desk | New Delhi | Updated: November 8, 2019 4:09:23 pm
Markets, gold, petrol, diesel price today LIVE updates: Markets, gold, petrol, diesel price highlights:.

Share Market, Gold, Petrol, Diesel Price/Rate Highlights: After two consecutive record-breaking sessions, the benchmark equity indices on the BSE and National Stock Exchange (NSE) ended nearly 1 per cent lower on Friday after Moody’s Investors Service cut its outlook on the Government of India’s ratings to ‘negative’ from ‘stable’.

The S&P BSE Sensex settled at 40,323.61, down 330.13 points or 0.82 per cent. For a brief period in afternoon trade, the 31-stock index had erased all its day’s losses and scaled a record intra-day peak of 40,749.33. The index was pulled down on Friday by information technology (IT) giants Tata Consultancy Services (TCS) and Infosys. Apart from these two, FMCG-major ITC and oil-to-telecom giant Reliance Industries (RIL) also contributed to Sensex’s fall on Friday.

The broader Nifty 50 index on NSE fell below 12,000-mark and settled at 11,908.15, down 103.90 points or 0.86 per cent.

On a week-on-week basis, S&P BSE Sensex rose 0.39 per cent while Nifty 50 gained 0.15 per cent.

In the broader markets, the S&P BSE MidCap index settled at 14,731.11, down 117.08 points, down 0.79 per cent on Friday. The S&P BSE SmallCap fell 71.28 points or 0.53 per cent to end at 13,474.75.

Among sectors, the Nifty Pharma index on NSE was the worst performer on Friday as it declined 2.24 per cent weighed by Sun Pharmaceutical Industries and Glenmark Pharmaceuticals.

The rupee traded on a weak note in late afternoon session on Friday. The domestic currency was at 71.25 against the dollar, down from its previous close of 70.97 against the greenback.

Live Blog

Markets, Gold, Petrol, Diesel Price Highlights: Follow this space to check the rupee value and the prices of gold, petrol and diesel in major parts of India.

Highlights

    16:08 (IST)08 Nov 2019
    Markets close on Friday

    The S&P BSE Sensex settled at 40,323.61, down 330.13 points or 0.82 per cent. For a brief period in afternoon trade, the 31-stock index had erased all its day’s losses and scaled a record intra-day peak of 40,749.33. The broader Nifty 50 index on NSE fell below 12,000-mark and settled at 11,908.15, down 103.90 points or 0.86 per cent.

    On a week-on-week basis, S&P BSE Sensex rose 0.39 per cent while Nifty 50 gained 0.15 per cent.

    14:33 (IST)08 Nov 2019
    Amid profit slump, Suzuki no longer gung-ho about India’s auto market

    Suzuki Motor Corp said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where it has seen relentless growth in the past seven years. And the parent of the country’s biggest car maker is not alone.

    The Japanese automaker issued the warning after it reported a slump in quarterly profit this week on tumbling sales at its Indian unit, Maruti Suzuki, which accounts for half the number of cars sold in India. Click here to read the report

    14:30 (IST)08 Nov 2019
    Gold prices slip up to Rs 171 per 10 gm, Silver falls nearly Rs 1,000 a kg

    Prices of bullion declined in the early trade on Friday with silver falling nearly Rs 1,000 a kg.

    The precious metal of 999 purity was priced at Rs 44,435 per kg, down Rs 995 from Rs 45,430 on Thusday, data published by the India Bullion and Jewellers Association (IBJA) showed.

    Gold prices too slipped up to Rs 171 on Friday. The opening price of gold of 999 purity was Rs 38,171 per 10 grams, down Rs 171 from Thursday's closing price of Rs 38,342, while that of 995 purity gold was Rs 37,999, down Rs 170 from Rs 38,169 on Thursday, as per IBJA data.

    13:36 (IST)08 Nov 2019
    SBI steeply slashes deposit rates; lowers lending rates marginally

    State Bank of India has reduced its marginal cost of fund based lending rate (MCLR) by 5 basis points across all tenors, effective November 10, and sharply slashed the deposits pricing between 15 and 75 basis points.

    With this reduction, the one year MCLR, to which most of its loan prices are linked, will come down to 8 per cent, the bank said in a statement. Click here to read the report

    13:33 (IST)08 Nov 2019
    MSCI adds IGL, Info Edge to its India Index; deletes Vodafone Idea, Yes Bank, BHEL

    MSCI, the world’s biggest index compiler, has added eight Indian stocks including HDFC Asset Management, Info Edge (India) and Indraprastha Gas Ltd to its India Index, while removing Vodafone Idea, Yes Bank and four others that have seen significant market capitalisation erosion this year.

    Those added to the MSCI India Index include Berger Paints, DLF, HDFC Asset Management, ICICI Prudential Life, Indraprastha Gas Ltd, Info Edge (India), SBI Life Insurance Co and Siemens India. Click here to read the complete report

    12:45 (IST)08 Nov 2019
    Petrol and Diesel prices on Friday

    Noida:
    Petrol- 74.48 per litre
    Diesel- 66.15 per litre

    Delhi:
    Petrol- 72.70 per litre
    Diesel- 65.84 per litre

    Kolkata:
    Petrol- 75.41 per litre
    Diesel- 68.25 per litre

    Lucknow:
    Petrol- 74.36 per litre
    Diesel- 66.02 per litre

    Chennai:
    Petrol- 75.55 per litre
    Diesel- 69.59 per litre

    Source: IOCL

    12:03 (IST)08 Nov 2019
    Markets at Noon

    11:09 (IST)08 Nov 2019
    Nifty Realty index up over 1.5 per cent

    The Nifty Realty index on the National Stock Exchange (NSE) was trading over 1.7 per cent higher led by up to 6 per cent rise in the share prices of DLF, Indiabulls Real Estate and Brigade Enterprises.

    Most of the realty stocks have been rising this week after the government approved setting up a special fund to provide last-mile funding to housing projects stuck across the country.

    10:57 (IST)08 Nov 2019
    Sectoral indices on National Stock Exchange (NSE)

    Among the sectoral indices on NSE, the Nifty Pharma index slipped nearly 1.3 per cent weighed by a fall in the share prices of Sun Pharmaceutical Industries and Cipla. The Nifty FMCG index too was down over 400 points or 1.23 per cent weighed by Godrej Consumer Products, Hindustan Unilever (HUL) and Tata Global Beverages.

    10:25 (IST)08 Nov 2019
    Rupee check

    The rupee opened on a cautious note and fell 30 paise to 71.27 against the dollar in early trade on Friday after Moody's changed its India rating outlook to negative citing lower economic growth.

    10:12 (IST)08 Nov 2019
    Market check on Friday

    At 10:09 am, the S&P BSE Sensex was down 83.64 points or 0.21 per cent at 40,570.10, while the broader Nifty 50 was at 11,989.35, down 22.70 points or 0.19 per cent.

    15:54 (IST)07 Nov 2019
    Market at close on Thursday

    The S&P BSE Sensex ended at a fresh closing high of 40,653.74, up 183.96 points or 0.45 per cent. The broader Nifty50 index too settled above 12,000-mark for the first time in five months, the 50-stock index settled at settled at 12,016.10, up 50.05 points or 0.42 per cent.

    14:38 (IST)07 Nov 2019
    Gold prices gains up to Rs 116 per 10 gm, Silver up Rs 160 per kg

    Bullion prices gained early on Thursday with gold prices rising by up to Rs 116 per 10 grams.

    The opening price of gold of 999 purity was Rs 38,564 per 10 grams in the markets, up Rs 116 from Wednesday's closing price of Rs 38,448, while that of 995 purity gold was Rs 38,390, up Rs 115 from Rs 38,275 on Wednesday, according to data published by the India Bullion and Jewellers Association (IBJA).

    Silver of 999 purity was at Rs 45,725 per kg, up Rs 160 from Wednesday's close of Rs 45,565, the IBJA data showed.

    14:21 (IST)07 Nov 2019
    Have no interest in Air India: Qatar Airways CEO

    Qatar Airways has no interest in buying a stake in Air India, the airline's CEO said on Thursday, according to a report by PTI.

    Akbar Al Baker, the CEO of Qatar Airways added that he is interested in buying a stake in IndiGo but this is not the right time as issues among promoters are yet to be resolved. Click here to read the report.

    14:05 (IST)07 Nov 2019
    Sitharaman’s real estate push may help stalled projects worth Rs 4.64 lakh crore

    The special fund announced by Finance Minister Nirmala Sitharaman on Wednesday for the real estate sector is likely to benefit the debt-ridden sector, according to analysts.

    The Union Cabinet on Wednesday had approved the setting up the Alternative Investment Fund for providing the last-mile funding to housing projects stuck across the country. Click here to read

    13:08 (IST)07 Nov 2019
    Petrol and Diesel prices on Thursday

    Noida:
    Petrol- 74.41 per litre
    Diesel- 66.06 per litre

    Delhi:
    Petrol- 72.60 per litre
    Diesel- 65.75 per litre

    Kolkata:
    Petrol- 75.32 per litre
    Diesel- 68.16 per litre

    Lucknow:
    Petrol- 74.28 per litre
    Diesel- 65.93 per litre

    Chennai:
    Petrol- 75.45 per litre
    Diesel- 69.50 per litre

    Source: IOCL

    13:01 (IST)07 Nov 2019
    IMF wants India to be more ‘transparent’ on fiscal data: Report

    The International Monetary Fund (IMF) wants the central government in India to be more “transparent” on its data on fiscal numbers as it is a “laggard” in this area when compared to other member countries in the G20, news agency PTI has reported.

    There needs to be a “credible fiscal consolidation” and a more ambitious one since the government has missed its budgeted fiscal targets in the past few years, the report said quoting a senior IMF official. Click here to read the report

    11:22 (IST)07 Nov 2019
    Rupee check

    The rupee is trading a tad weaker against the dollar in morning deals having breached 71-mark against the greenback. At 11:20 am, the domestic currency was trading at 71.03 against the greenback, down from its Wednesday's close of 70.98.

    10:35 (IST)07 Nov 2019
    Nifty Realty index up over 1 per cent

    Among the sectoral indices on the National Stock Exchange (NSE), the Nifty Realty index was the top gainer in early trade on Thursday, lifting over 1 per cent led by gains in the shares of Indiabulls Real Estate, Sobha and Oberoi Realty.

    09:27 (IST)07 Nov 2019
    Market at open on Thursday

    At 9:19 am, the S&P BSE Sensex was up 174 points or 0.43 per cent at 40,643, while the broader Nifty 50 was at 12,013, up 47 points or 0.39 per cent