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Key equity indices ended with small gains on Friday (18 December 2020), supported by firmness in IT shares. The barometer index, the S&P BSE Sensex, rose 70.35 points or 0.15% to 46,960.69. The Nifty 50 index added 19.85 points or 0.14% at 13,760.55. Both the indices attained record closing high levels. The S&P BSE Sensex hit a record high of 47,026.02 while the Nifty hit a record high of 13,772.85 in mid-afternoon trade. After a dull start, the benchmark indices declined and hit the day's low in the morning trade. The indices traded with modest losses till the afternoon trade. Bargain huntin...

The benchmark indices continued to trade with modest losses in early afternoon trade. At 12:33 IST, the barometer index, the S&P BSE Sensex, was down 119.06 points or 0.25% to 46,771.28. The Nifty 50 index lost 34.25 points or 0.25% to 13,706.45. Shares witnessed profit selling after a five-day rising streak during which the Sensex added 2.02% while the Nifty gained 1.95%. In the broader market, the S&P BSE Mid-Cap index slipped 0.41% while the S&P BSE Small-Cap index shed 0.26%. The market breadth was weak. On the BSE, 1023 shares rose and 1763 shares fell. A total of 150 shares were unch...

Key equity indices ended with small gains on Friday (18 December 2020). As per provisional closing data, the barometer index, the S&P BSE Sensex, rose 70.35 points or 0.15% to 46,960.69. The Nifty 50 index added 19.85 points or 0.14% at 13,760.55. After a dull start, the benchmark indices declined and hit the day's low in the morning trade. The indices traded with modest losses till the afternoon trade. Bargain hunting in the mid-afternoon session pushed the indices in the green and both the indices managed to extend their winning streak to the sixth consecutive session. The broader market u...

Zee Entertainment Enterprises (ZEE) said that the board of directors of the company has approved the acquisition of film production and distribution business as a going concern, on a slump sale basis from Zee Studios (formerly known as Essel Vision Productions), a wholly owned subsidiary of the company, for a cash consideration. Also the board of directors of the company considered and approved the transfer of the Digital Publishing Business Division of the company to Rapidcube Tecbnologies through a Business Transfer Agreement. BPCL said its board of directors has accorded its 'in principle...

Key indices are trading lower in early trade. At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 93.58 points or 0.2% at 46,796.76. The Nifty 50 index was down 7.20 points or 0.05% at 13,733.50. Asian stocks are trading mixed. The S&P BSE Mid-Cap index was off 0.42%. The S&P BSE Small-Cap index was down 0.51%. The market breadth, indicating the overall health of the market, is weak. On the BSE, 802 shares rose and 1257 shares fell. A total of 82 shares were unchanged. Stocks in news: Zee Entertainment Enterprises (ZEE) declined 0.27%. ZEE said that the board of directors of the ...