Here are the updates:
3:30pm: Indian shares rise as the good progress of monsoon rains lift consumer goods makers such as Hindustan Unilever Ltd (HUL) that depend on the rural economy.
The S&P BSE Sensex closes 0.46%, or 121.59 points, higher at 26,524.55, while the Nifty 50 closes 0.41%, or 33.15 points, higher at 8,127.85.
Among gainers, Lupin Ltd rises 4.39%, HUL rises 3.25%, while ITC Ltd rises 2.59%.
3:15pm: The S&P BSE Sensex is trading 0.45%, or 118.34 points, higher at 26,521.30, while the Nifty 50 is up 0.42%, or 34.10 points, at 8,128.80. Among gainers, Lupin Ltd rises 4.61%, Hindustan Unilever Ltd (HUL) rises 3.28%, while ITC Ltd rises 2.67%.
12:25pm: BSE Sensex is up 70.95 points, or 0.27%, to 26,473.91, while the Nifty gains 17 points, or 0.21%, to 8,111.70.
12:15pm: Dabur India Ltd falls 1% to Rs.315.70. Japanese firm Nomura has downgraded the stock to neutral as compared to buy.
12:05pm: Mro-Tek Ltd rises 4% to Rs.45.40. The company said Jitendra Virwani acquired another 0.33% stake and now holds total 12.52% in the company.
11:55am: Capital First Ltd rises 2.1% to Rs.563.95. The company said its board will meet on 30 June to consider and approve the Private Placement of Rated, Listed, Secured, Unsecured, Perpetual, Redeemable, Non-Convertible securities in the nature of Debentures to be listed on the Debt Market segment of National Stock Exchange of India Limited.
11:45am: Telecom stocks are trading higher. Bharti Airtel Ltd rises 2.1%, Idea Cellular Ltd rises 4.3%, Reliance Communications Ltd rises 2%.
11:35am: Healthcare companies are trading higher. Jubilant Life Sciences Ltd rises 4.3%, Fortis Healthcare Ltd rises 4%, Bliss GVS Pharma Ltd rises 3.7%, Poly Medicure Ltd rises 2.7%, Shilpa Medicare Ltd 2.7%, Dishman Pharmaceuticals Chemicals Ltd rises 2.2%, Alembic Ltd 2.1%, Sun Pharma Advance Research Co Ltd 2%, Marksans Pharma Ltd 2%, Lupin Ltd 1.8%, Dr Reddy’s Laboratories Ltd 1%.
11:25am: Cement stocks are trading higher since last one month. Birla Corp. Ltd rises 33%, Dalmia Bharat Ltd 25%, Deccan Cement Ltd 22%, India Cement 19%, Mangalam Cement Ltd 18%, Ambuja Cement 17%, The Ramco Cement Ltd 12%, Barnpur Cement 11%, JK Lakshmi Cement Ltd rises 10.5%.
11:15am: ARSS Infrastructure Projects Ltd rises 17% to Rs.81.15. The stock gained 100% in last two month.
11:05am: BSE Sensex rises 59.96 points, or 0.23%, to 26,462.92, while the Nifty gains 20.45 points, or 0.25%, to 8,115.15.
10:55am: Sugar stocks are trading higher. Oudh Sugar Mills Ltd rises 5%, Upper Ganges Sugar & Industries Ltd rises 9%, Sakthi Sugars Ltd rises 6.7%, Uttam Sugar Mills Ltd 5%, Triveni Engineering & Industries Ltd 2.7%, Balrampur Chini Mills Ltd 2%, Andhra Sugars Ltd 5.6%, Dhampur Sugar Mills Ltd 2.7%.
10:45am: Hotel Leelaventure Ltd rises 5.4% to Rs.18.40. The company has said in a notice to BSE that it will sell 3.85 acre land in Hyderabad this year.
10:35am: Gujarat Gas Ltd rises 8.2% to Rs.565.05. State-run Gujarat Gas Limited (GGL) has been granted permission to develop city gas distribution network (CGD) in Ahmedabad district. The authorization by The Petroleum and Natural Gas Regulatory Board (PNGRB), however, is for providing natural gas, to urban regions in the district excluding Ahmedabad city areas, where Adani Gas Limited (AGL) already holds the licence to supply PNG and CNG.
10:25am: Punj Lloyd Ltd rises 12% to Rs.22.25. The company said in a notice to BSE that Punj Lloyd Pte. Ltd. (PLPL) and Sembawang Engineers and Constructors Pte. Ltd (SEC), subsidiaries of Company in Singapore, had filed respective applications with the Singapore high court seeking permission for placing PLPL and SEC under Judicial Management, Punj Lloyd Ltd has now informed BSE that Singapore High Court has approved in its hearing dated 27 June 2016 the application for placing both PLPL and SEC under Judicial Management.
10:15am: Shilpa Medicare Ltd rises 4.2% to Rs.504.85 after the company said its board approved merger of Navya Biologicals Pvt Ltd with itself.
10:05am: GMR Infrastructure ltd rises 1% to Rs.12.58. According to Bloomberg report, the company is in talks to lease its land to Amazon India.
9:55am: IT firms extended its losses on the back of higher volumes. Wipro Ltd falls 0.8%, Infosys Ltd 0.6%, TCS is down 0.2%, HCL Technologies Ltd falls 0.2%.
9:45am: The 30-share S&P BSE Sensex is currently trading higher by 79.99 points, or 0.30%, to 26,482.95, while the Nifty 50 of the National Stock Exchange (NSE) rises 27.40 points, or 0.34%, to 8,122.10.
9:40am: Tata Communications Ltd rises 7% to Rs.481.25. Tata Communications Ltd has entered into an agreement to sell its South African telecom unit Neotel Pty Ltd to Liquid Telecom Group, run by Liquid Telecommunications Holdings Ltd of Africa, for South African Rand 6.55 billion. esday strengthens against the US dollar at 67.75, up 0.27% from its previous close of 67.95, tracking gains in the Asian currencies market. 4%, compared with Monday’s close of 7.458%.
9:20am: The British pound falls another 3.5% to hit a new 31-year low of $1.3199. The yen also surges as investors fled risky assets in favour of the currency, which is considered a haven and is now at its strongest level in two years. The dollar rises to ¥101.99 from 101.90 in late trading on Thursday. The euro strengthens to $1.1044 from $1.1020.
9:15am: Benchmark US crude rebounds 43 cents to $46.76 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude rises 48 cents to $47.64 a barrel in London.
9:10am: Japan’s benchmark Nikkei 225 index loses 0.4% to 15,248.28 while South Korea’s Kospi adds 0.2% to 1,929.68. Hong Kong’s Hang Seng Index falls 1% to 20,032.68 while the Shanghai Composite Index in mainland China slips 0.4% to 2,885.72. Australia’s S&P/ASX 200 falls 1.3% to 5,072.80.
9:00am: Most Asian stock benchmarks slip on Tuesday as Britain’s vote to quit the European Union and its messy aftermath continued to reverberate throughout global financial markets.
8:50am: On Wall Street, the Dow Jones industrial average lost 1.5% to close at 17,140.24. The S&P 500 index slid 1.8% to finish at 2,000.54 and the Nasdaq composite fell 2.4% to 4,594.44.