Tata Motors Group global wholesales slips 23% in May 2019-Sai Proficient

The Tata Motors Group global wholesales in May 2019, including Jaguar Land Rover, were at 82,374 units, down by 23%, over May 2018.

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Jet Airways nosedives 14% after bourses mull trading restrictions-Sai Proficient

Shares of Jet Airways plunged more than 14 percent intraday on June 13 after stock exchanges decided to impose trading restrictions on the beleaguered airline.

According to a circular issued by NSE, the decision was taken as a part of preventive surveillance measures to curb excessive volatility.

The decision has been taken jointly by the exchanges and would be effective from 28 June, it said.

The stock exchange notified that the shares of the airline will be shifted from "Rolling Segment to Trade for Trade Segment, wherein the settlement in the scrip will take place on gross basis with 100 percent upfront margin and 5 percent price band".

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Today Crude Update-Sai Proficient

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies, and in relief that the United States and Mexico averted a trade war that would have damaged the global economy.

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Today Stock Market Update-Sai Proficient

FMCG ShareS Mixed HUL Rises Over 1%.

FMCG shares were trading on a mixed note in Thursday's morning session.

Shares of Godrej Consumer Products (up 1.51 per cent), Hindustan Unilever (up 1.45 per cent), GlaxoSmithKline Consumer Healthcare (up 1.39 per cent) and Tata Global Beverages (up 1.10 per cent) were the top gainers in the index.

The Nifty FMCG index was trading 0.35 per cent up at 30,303.75 around 10:43 am.

Benchmark NSE Nifty50 index was down 62.25 points at 11,959.40 while the BSE Sensex was down 148.67 points at 39,934.87.

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Stock Market Opens Update-Sai Proficient

The Sensex is down 132.09 points or 0.33% at 40135.53, and the Nifty down 37.30 points or 0.31% at 12051.20. About 300 shares have advanced, 325 shares declined, and 38 shares are unchanged.

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Hero Motocorp Update-Sai Proficient

Hero Motocorp shares rallied nearly 5 percent intraday on June 3 after a better-than-expected May sales data.

The country's largest two-wheeler maker sold 6.5 lakh units in May, down 8 percent against 7.06 lakh units sold in the same period last year.

But numbers were better than Nomura expectations of 6.2 lakh units.

Also, the sequential performance was quite strong. Hero sales grew 13.2 percent compared to 5.74 lakh units sold in April 2019.


In May, Hero Motocorp launched three new motorcycles including the highly anticipated XPulse 200, the XPulse 200T and the Xtreme 200S, the company said in its filing.

Apart from the three premium motorcycles, the company also launched two new scooters – Maestro Edge 125 and Pleasure+ 110, it added.

The stock was quoting at Rs 2,805.40, up Rs 124, or 4.62 percent on the BSE, at 1018 hours IST.
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Q4 impact: Global brokerages cut target price for Cadila Healthcare-Sai Proficient

Citigroup maintained its sell rating on Cadila Healthcare while Credit Suisse maintained its neutral rating on Cadila Healthcare post Q4 results.

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Market at Pre-Open- Sai Proficient

Indian indices are trading higher in the pre-opening session as counting for Lok Sabha Election begins.

the Sensex is up 293.60 points or 0.75% at 39403.81, and the Nifty up 147.70 points or 1.26% at 11885.60.

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Market at Pre-Open-Sai Proficient

The Nifty is trading flat in the pre-opening. The Nifty is down 11.10 points at 11348.40.

Titan, Bajaj Finance, Asian Paints are trading lower in the pre-opening session.

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Crude Update- Sai Proficient

Oil prices were mixed on Tuesday as US sanctions on oil exporters Iran and Venezuela kept markets on edge while concerns that an escalating Sino-US trade dispute could slow the global economy also kept crude somewhat in check.

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Market at Pre-Open-Sai Proficient

Benchmark indices are trading higher in the pre-opening session with Nifty above 11,650 level.

The Sensex is up 189.69 points or 0.49% at 38790.03, and the Nifty up 71.70 points or 0.62% at 11670.

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Today Gold Update-Sai Proficient

Gold prices climbed on Monday after US President Donald Trump threatened to raise tariffs on Chinese goods, escalating Sino-US trade tensions, which prompted risk-off sentiment and boosted safe-haven assets.

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Market Opens Update-Sai Proficient

It is a gap-down opening for the Indian indices on Monday with Nifty slipped below 11,600 level.

At 09:17 hrs IST, the Sensex is down 380.44 points or 0.98% at 38582.82, and the Nifty down 111.90 points or 0.96% at 11600.40.

HDFC Bank, SBI, Maruti Suzuki, RIL, Titan, Yes Bank, Tata Steel, Vedanta, Tata Motors, Hindalco, Infosys, Indiabulls Housing, HUL  are among major losers on the indices, on the other hand gainers are BPCL, Power Grid, Asian Paints and Eicher Motors.

All the sectoral indices are trading red led by metal, IT, infra, bank, auto, pharma and FMCG.

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Market At Pre-Open-Sai Proficient

Benchmark indices are trading higher in pre-opening session with Nifty above 11,700.

At 09:01 hrs IST, the Sensex is up 89.76 points or 0.23% at 38820.62, and the Nifty up 68.20 points or 0.59% at 11710.

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Market At Pre-Open-Sai Proficient

Indian indices are trading higher in the pre-opening with Nifty above 11,600.

The Sensex is up 92.17 points or 0.24% at 38657.05, and the Nifty up 37.10 points or 0.32% at 11613.10.

HDFC Bank, Coromandel International are trading higher in the pre-opening session, while ACC and Tata Global Beverage are trading lower.

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Market at Pre-Open-Sai Proficient

Benchmark indices are trading higher in the pre-opening session with Nifty above 11,600.

The Sensex is up 109.97 points or 0.28% at 38755.15, and the Nifty up 27.20 points or 0.23% at 11621.70.

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Asian Markets Update Today -Sai Proficient

Asian markets trade lower​: Asian shares were flat and US Treasury yields pulled back on Friday as investor caution prevailed ahead of the release of first-quarter corporate earnings, although stronger US economic data helped offset some concerns about global growth.

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Market At pre-Open-Sai Proficient

Benchmark indices are trading higher in the pre-opening with Nifty around 11,600 level.

At 09:04 hrs IST, the Sensex is up 89.11 points or 0.23% at 38674.46, and the Nifty up 25.60 points or 0.22% at 11609.90.

Sun Pharma, Zee entertainment, Vedanta, Tata Steel, Hindalco, Maruti Suzuki are trading lower, while Indiabulls Real Estate, Bajaj Finance, HDFC Bank, Dish TV are trading higher.

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Market At Pre-Open-Sai Proficient

Benchmark indices are trading lower in the pre-opening with Nifty around 11,650 level.

At 09:03 hrs IST, the Sensex is down 96.44 points or 0.25% at 38842.78, and the Nifty down 20.70 points or 0.18% at 11651.30.

HDFC Bank, Zee Entertainment, SBI, Hindalco are trading lower in the pre-opening session.

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Today Gold Update-Sai Proficient

Gold Update: Gold inched higher on Tuesday, trading just below a more than one-week peak hit in the previous session, as Asian equities eased and the dollar weakened following somber US economic data.

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