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
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Nestle, Indiabulls Housing, Piramal Enterprises, IndiGo Among Key Stocks in Focus Today

SE Sensex was trading lower by 207.77 points, or 0.55%, at 37,244.07, while the Nifty 50 index was down 58.25, or 0.53%, to 10,987.85.

Trending Desk

Updated:August 29, 2019, 10:54 AM IST
facebookTwitterskypewhatsapp
Nestle, Indiabulls Housing, Piramal Enterprises, IndiGo Among Key Stocks in Focus Today
Representative image (Reuters)
Loading...

Indian stocks were trading in the red on Thursday on weak Asian cues. At 10:30 am, the benchmark S&P BSE Sensex was trading lower by 207.77 points, or 0.55%, at 37,244.07, while the Nifty 50 index was down 58.25, or 0.53%, to 10,987.85. Nestle India, Indiabulls Housing, Piramal Enterprises, IndiGo and sugar scrips were among the key stocks in news today.

Nestle India, Indiabulls Housing: Nestle India Ltd shares rise 3% as NSE will include the stock in the Nifty 50 index from 27 September and will remove Indiabulls Housing Finance, whose shares consequently decline 8%.

Piramal Enterprises: Piramal Enterprises Ltd shares drop 3.2% as its board decided to defer issue of privately placed non-convertible debentures (NCDs) worth up to Rs 3,000 crore to a future date.

IndiGo: Shares of InterGlobe Aviation Ltd, the operator of India’s largest airline IndiGo, fall 1% even as the airline approved alteration in Articles of Association of the company as a special resolution. Meleveetil Damodaran is appointed as independent director and Anil Parashar as non-executive director.

L&T Finance Holdings: L&T Finance Holdings Ltd shares gain 1.5% as IIFL Wealth Group is set to acquire the company’s wealth management business.

Sugar stocks: Sugar stocks jump after the Cabinet approved export subsidy for exporting 6 million tonnes of sugar. Sugar export subsidy will go directly to farmer accounts. Dharani Sugars and Chemicals is up over 10%, Mawana Sugars 5%, Shree Renuka Sugars 4.6% and Sakthi Sugars 4%.

Lakshmi Vilas Bank: Lakshmi Vilas Bank Ltd shares drop 5% after Parthasarathi Mukherjee resigned as managing director and chief executive officer of the bank. The lender also approved raising up to Rs 500 crore via debt and equity.

CG Power: CG Power and Industrial Solutions Ltd are trading up 5% after the company clarified that it is evaluating divestments of non-core assets and considering other fund-raising avenues to bridge the cash flow gaps as well as to fulfil working capital requirements.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 54.10 -15.60
Maruti Suzuki 5,971.75 -2.02
Indiabulls Hsg 394.75 -5.84
ICICI Bank 386.60 -3.19
HDFC 1,974.60 -0.69
Company Price Change %Gain
Maruti Suzuki 5,938.30 -2.55
Yes Bank 54.15 -15.52
Tata Power 64.65 0.94
Indiabulls Hsg 395.15 -5.73
ICICI Bank 386.55 -3.16
Top Gainers
Company Price Change %Gain
Tata Motors 124.20 2.01
UPL 562.05 0.90
HDFC Bank 1,101.05 0.66
Bharti Airtel 337.60 0.60
Coal India 193.45 0.57
Company Price Change %Gain
Tata Motors 124.25 1.97
HDFC Bank 1,100.40 0.64
Bharti Airtel 337.70 0.58
Coal India 193.45 0.49
Asian Paints 1,554.35 0.40
Top Losers
Company Price Change %Gain
Yes Bank 54.10 -15.60
Zee Entertain 308.85 -7.92
Tata Steel 344.65 -3.80
IndusInd Bank 1,282.25 -3.62
ICICI Bank 386.60 -3.19
Company Price Change %Gain
Yes Bank 54.15 -15.52
Tata Steel 344.95 -3.66
IndusInd Bank 1,281.95 -3.59
ICICI Bank 386.55 -3.16
Maruti Suzuki 5,938.30 -2.55

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results