Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
CO-PRESENTED BY
LIVE TV DownloadNews18 App
News18 English
»
2-min read

HDFC, SBI, L&T, Jet Airways, Vodafone Idea Are Key Stocks in Focus Today

Despite negative indications from Asian markets, the key equity benchmark indices traded slightly higher after opening flat on Monday.

Trending Desk

Updated:May 13, 2019, 12:19 PM IST
facebookTwittergoogleskypewhatsapp
HDFC, SBI, L&T, Jet Airways, Vodafone Idea Are Key Stocks in Focus Today
The headquarters of India's HDFC bank is pictured in Mumbai, India. REUTERS
Loading...
Key equity benchmark indices were trading slightly higher on Monday after opening flat despite negative cues from Asian markets. At 10:44 am, the S&P BSE Sensex was up 44 points, or 0.12%, to 37,502. The Nifty 50 index inched up 5.50 points, or 0.04%, to 11,283. HDFC, State Bank of India (SBI), Larsen and Toubro (L&T), Tata Steel and Jet Airways were the key stocks on the radar of traders today.
Know why:

HDFC: HDFC Ltd shares were trading 0.4% higher at Rs 1,939.50 ahead of the company’s fourth quarter earnings announcement. Analysts expect HDFC’s net profit to grow 22% sequentially during the March quarter.

SBI: State Bank of India (SBI) stock rises 2% to Rs 314.40 after the country’s largest bank reported a net profit of Rs 838 crore during the March quarter against a net loss of Rs 7,718 crore in the same quarter a year ago. It reported a substantial improvement in the asset quality, with lower fresh slippages and better recoveries.

L&T: Larsen and Toubro (L&T) shares fell 2.6% to Rs 1,320 apiece after the company said its net profit rose 8% year-on-year to Rs 3,418 crore in the March quarter. Larsen and Toubro (L&T) also approved scheme of arrangement for merger of L&T Shipbuilding with the company.

Jet Airways: Jet Airways shares were down 5% to Rs 144.20 after the State Bank of India (SBI)-led consortium of lenders on Friday said it received bids from Etihad Airways and from a few unsolicited parties for acquiring stake in the grounded airline. However, a media report said, Etihad’s bid for a minority stake in Jet Airways is non-binding and subject to fulfilment of certain conditions by Jet’s lenders.

ITC: ITC Ltd shares were trading up 1.5% at Rs 302.20 ahead of the company’s earnings announcement today. ITC’s chairman and non-executive director Y C Deveshwar passed away on Saturday.

Tata Steel: Tata Steel Ltd shares dropped over 3% to Rs 471.60 after the European Commission blocked its proposed joint venture (JV) with Germany’s Thyssenkrupp. Thyssenkrupp will still seek partners for its steel operations after abandoning merger with Tata Steel, chief executive Guido Kerkhoff said.

Vodafone Idea: Vodafone Idea shares jumped as much as 6.8% to Rs 15 apiece ahead of the earnings announcement today. “The firm is expected to post a net loss of Rs 4,540 crore. The key monitorables would be the progress on fructification of synergy gains and fundraising status," ICICI Direct Research said in a research note.

Allahabad Bank: Allahabad Bank shares declines as much as 5.8% to Rs 42.45 after the bank posted net loss of Rs 3,834 crore in the March quarter. Net interest income was up 41.6% at Rs 1,258 crore compared with Rs 888.3 crore a year ago.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
 
Top Gainers
Company Price Change %Gain
Dr Reddys Labs 2,667.00 3.00
Bharti Infratel 276.10 2.43
Britannia 2,848.70 1.70
Reliance 1,339.80 1.05
Titan Company 1,246.40 1.20
Company Price Change %Gain
Reliance 1,339.75 1.08
Bajaj Finance 3,432.65 0.76
HUL 1,783.50 0.62
Top Losers
Company Price Change %Gain
Tata Motors 176.80 -7.02
BPCL 374.45 -4.43
Zee Entertain 347.70 -4.08
IndusInd Bank 1,447.75 -3.14
Adani Ports 387.60 -3.12
Company Price Change %Gain
Tata Motors 176.60 -7.05
Maruti Suzuki 6,857.80 -3.25
IndusInd Bank 1,447.55 -3.02
Bharti Airtel 330.80 -2.66
M&M 637.20 -2.61

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results