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Home » business » Share Market LIVE: Nirmala Sitharaman’s 3rd press meet on economic package at 4 pm today

Share Market LIVE: Nirmala Sitharaman’s 3rd press meet on economic package at 4 pm today

Stock market today LIVE Updates: Sensex dipped 245.33 points or 0.79 percent to 30,877.56 while the Nifty was down 62.35 points or 0.68 percent at 9,080.40 at around 10 am. M&M, Hero MotoCorp, Maruti and Axis Bank were the major losers in the Sensex pack.

By Newsd
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Sensex, Nifty hit lower circuit; trading halted for 45 minutes

Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty were trading down in Friday’s session mainly dragged by auto stocks. The 30-share Sensex slipped below 31,000-mark, to trade at 30,947, down 175 points or 0.53 per cent. While broader Nifty 50 index breached the crucial 91,00-mark and was ruling at 9,088 with a loss of 54 points or 0.59 per cent. Out of 30 Sensex stocks that constitute BSE Sensex, 20 scrips were trading in negative territory. M&M was the top Sensex loser down 3.27 per cent, followed by Maruti, Hero MotoCorp and Bajaj Finance. On the other hand, ONGC, NTPC, HUL, Nestle India and Tata Steel were among top Sensex gainers. Most of the sectoral indices were trading in red. Nifty Auto index was down nearly 1.5 per cent. On the flip side, Nifty Metal index was nearly half a per cent up, led by gains in Hindustan Zinc, Hindalco Industries and Jindal Steel.

Asian stocks were set to rise on Friday amid investor optimism about the re-opening of the US economy from coronavirus lockdowns and possibly more stimulus that could fuel a recovery.

US President Donald Trump said he was open to negotiating another possible stimulus bill amid the novel coronavirus pandemic, but “was taking his time” to see if more federal action was needed.

Ahead of the Asian open, Hong Kong’s Hang Seng index futures climbed 0.16 percent, Australian S&P/ASX 200 futures rose 0.85 percent, while Japan’s Nikkei 225 futures were down 0.15 percent.

Live Blog

11:24AM 15 May, 20
Sensex down 286 points, Nifty below 9,100-mark

Indices extended the losses as Sensex dropped 286.09 points or 0.92 percent to 30,836.80 while the Nifty was down 73.10 points or 0.8 percent at 9,069.65 at around 11 am.

11:07AM 15 May, 20
Nirmala Sitharaman's 3rd press meet on economic package at 4 pm today
11:04AM 15 May, 20
Manappuram Finance share price rallies 42% in less than two months as Q4 results surprise

Manappuram Finance share price surged as high as 7.23 per cent to hit a day’s high of Rs 131.90 apiece on BSE in Friday’s weak session. Manappuram Finance on Thursday posted a nearly 44 per cent rise in net profit at Rs 398.20 crore for the quarter ended on March 31. The company had posted a net profit of Rs 277.39 crore in the corresponding period of preceding fiscal. Manappuram Finance share price has risen over 42 per cent in less than two months from Rs 75.60. However, the stock is still 32 per cent off from its 52-week high of Rs 194.60 touch in the first month of the calendar year 2020.

10:24AM 15 May, 20
Tata Trusts to develop four hospital in UP, Maharashtra

Tata Trusts is upgrading four government hospital buildings, two in Uttar Pradesh and two in Maharashtra, into Covid-19 treatment centres. The facilities, including both in-patient and out-patient wings, are permanent and will enduringly enhance health care in their locations, even after the immediate purpose is met.

The Trusts’ intervention follows the Chairman Ratan N. Tata’s statement that “urgent emergency resources need to be deployed to cope with the needs of fighting the Covid-19 crisis, which is one of the toughest challenges the human race will face.”

In Maharashtra, the hospitals are at Sangli (50 beds) and Buldhana (106 beds), and in Uttar Pradesh at Gautam Buddha Nagar (168 beds) and Gonda (106 beds). The treatment centres in Uttar Pradesh are in collaboration with a partner organisation. The decision to upgrade existing infrastructure was to bring speed and make use, wherever possible, of existing capabilities and services. The Trusts are attempting to hand over the facilities by June 15, 2020.

10:23AM 15 May, 20
M&M share price down 3.46%

M&M share prices slipped 3.46 per cent to Rs 386.40 apiece on BSE in today's session. It hit day's low of Rs 382.50 and high of Rs 403.75.

10:23AM 15 May, 20
Cipla share price trades flat ahead of Q4 earnings

Cipla share price was trading flat at Rs 570.15, up just 0.10 per cent on BSE in Friday's session ahead of March quarter earnings later in the day.

10:22AM 15 May, 20
Rupee rises 8 paise to Rs 75.48 in opening trade

Rupee is likely to open flat at 75.48 and trade a 75.25-75.75 range. SGX is indicating a flat open for the Nifty.


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