Monday, July 20, 2015

Live: Sensex Off Day's Low, Nifty Reclaims 8,600 on Buying in IT Heavyweights


Sharemasterindia.com 3:26 p.m.: BSE realty index falls over 2 per cent; Prestige, DLF, Indiabulls Real Estate, Sobha, HDIL and Unitech were among the losers, down 1-5 per cent each.

3:15 p.m.: Selling in markets again picked up pace in late trades. The Sensex was down 72 points at 28,391 and the Nifty was down 10 points at 8,599.

3:06 p.m.: Pantaloon Fashion & Retail shares were up 14.5 per cent at Rs 223.30. Meanwhile, the company has clarified that the company has now entered into a commercial arrangement with Flipkart, whereby products of the exclusive brands of the Company, will be sold through Flipkart.

2:50 p.m.: Markets came off the intraday lows on the back of buying in Infosys, HDFC Bank, TCS and Bharti Airtel. The Sensex was down 27 points at 28,436 and the Nifty was down 3 points at 8,606.

1:59 p.m.: Jamal Mecklai of Mecklai Financial says that fall in gold prices signals fears to global growth.

1:40 p.m.: Shares of companies involved in business of jewellery shine as gold prices fall. Fall in gold prices would lead to hopes of higher sales of jewellery. Shares of Gitanjali Gems, TBZ and Rajesh Exports advanced 4.5-15 per cent each.

1:27 p.m.: Tata Teleservices, Gitanjali Gems, Inox Leisure, NIIT, TBZ and Omkar Speciality Chemicals were among the top gainers from this space.

1:15 p.m.: Shares of SpiceJet today surged over 5 per cent amid reports that two Gulf airlines have approached the company for buying a stake in the domestic firm.

Following the buzz, the stock rose by 5.22 per cent to Rs 23.15 on BSE.

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