Sharemasterindia.com 3:00 p.m.: India Cements shares saw huge selling
pressure on Tuesday, falling 6.5 per cent, after the company's
franchisee Chennai Super Kings was suspended from the Indian Premier
League (IPL) for a period of two years.
2:48 p.m.: Sanju Verma, CEO of Violet Arc Global Managers continues to be bullish about domestic markets, given the global backdrop. The global equation is evolving, but a close watch is needed before saying that markets are in fine fettle, she said.
2:38 p.m.: Tata Motors falls 3.4 per cent to Rs 388.75 on reports that the company plans to cut prices of its vehicles in China.
2:15 p.m.: Sensex briefly hits 28,000 levels, up 40 points.
1:55 p.m.: Iran on Tuesday reached a historic nuclear deal that is likely to result in easing of sanctions in exchange for curbs on Tehran's nuclear programme. Oil prices tumbled more than a dollar as news about a nuclear deal surfaced. India imports nearly 80 per cent of its energy requirements, so falling oil prices will benefit the economy.
1:51 p.m.: Pharma stocks were witnessing buying interest. The BSE healthcare index was up 17,400; Dr Reddy's Labs, Sun Pharma, Lupin and Glenmark Pharma advanced 0.3-1.7 per cent each.
1:40 p.m.: The Sensex was trading in a tight range in the noon deals. The Sensex moved in a range of 140 points and the Nifty touched high of 8,470.60 and low of 8,424.10.
Banking and auto stocks were facing the heat of selling pressure; The Bank Nifty and BSE Auto indices were down 0.4 per cent each.
1:25 p.m.: India Cement shares fall nearly 5 per cent to Rs 89.35 after Justice Lodha committee recommends suspension of Chennai Super Kings from Indian Premier League for two years. CSK is owned by India Cements.
1:10 p.m.: The Sensex was down 43 points at 27,917 and the Nifty slipped 13 points to 8,447.
12:52 p.m.: Hans Goetti of Banque Internationale says that if the Greek parliament rejects the fresh bailout terms which is highly unlikely then their Prime Minister Alexis Tsipras and his party will resign and in that case his government will be replaced by a technocratic government which will implement the reforms which are part of the bailout package.
12:40 p.m.: Banking and auto stocks came under pressure in noon trade after consumer inflation rose to an 8-month high in June, dampening hopes of a rate cut in near future.
The BSE banking index was down 0.50 per cent while auto index fell 0.80 per cent.
Read More: Indian Stock Tips
2:48 p.m.: Sanju Verma, CEO of Violet Arc Global Managers continues to be bullish about domestic markets, given the global backdrop. The global equation is evolving, but a close watch is needed before saying that markets are in fine fettle, she said.
2:38 p.m.: Tata Motors falls 3.4 per cent to Rs 388.75 on reports that the company plans to cut prices of its vehicles in China.
2:15 p.m.: Sensex briefly hits 28,000 levels, up 40 points.
1:55 p.m.: Iran on Tuesday reached a historic nuclear deal that is likely to result in easing of sanctions in exchange for curbs on Tehran's nuclear programme. Oil prices tumbled more than a dollar as news about a nuclear deal surfaced. India imports nearly 80 per cent of its energy requirements, so falling oil prices will benefit the economy.
1:51 p.m.: Pharma stocks were witnessing buying interest. The BSE healthcare index was up 17,400; Dr Reddy's Labs, Sun Pharma, Lupin and Glenmark Pharma advanced 0.3-1.7 per cent each.
1:40 p.m.: The Sensex was trading in a tight range in the noon deals. The Sensex moved in a range of 140 points and the Nifty touched high of 8,470.60 and low of 8,424.10.
Banking and auto stocks were facing the heat of selling pressure; The Bank Nifty and BSE Auto indices were down 0.4 per cent each.
1:25 p.m.: India Cement shares fall nearly 5 per cent to Rs 89.35 after Justice Lodha committee recommends suspension of Chennai Super Kings from Indian Premier League for two years. CSK is owned by India Cements.
1:10 p.m.: The Sensex was down 43 points at 27,917 and the Nifty slipped 13 points to 8,447.
12:52 p.m.: Hans Goetti of Banque Internationale says that if the Greek parliament rejects the fresh bailout terms which is highly unlikely then their Prime Minister Alexis Tsipras and his party will resign and in that case his government will be replaced by a technocratic government which will implement the reforms which are part of the bailout package.
12:40 p.m.: Banking and auto stocks came under pressure in noon trade after consumer inflation rose to an 8-month high in June, dampening hopes of a rate cut in near future.
The BSE banking index was down 0.50 per cent while auto index fell 0.80 per cent.
Read More: Indian Stock Tips
