Weak Global Markets Take a Toll

Fri, 18 Dec Closing

   Previous Close   

   Pre-Open   

   09:30 am   

   11:30 am   

   01:30 pm   

The Indian markets lost momentum as the day progressed as selling pressure intensified towards the end amid weak international markets. While the BSE Sensex today closed lower by 285 points, the NSE-Nifty closed lower by 82 points. Meanwhile, while the BSE Mid Cap index closed higher by 0.1%, the BSE Small Cap index closed the day lower by 0.2%. Losses were seen across the board with those from information technology and banking space leading the losses.

Asian markets finished broadly lower today with shares in Japan leading the region. The Nikkei 225 was down 1.90%, while Hong Kong's Hang Seng is off 0.53% and China's Shanghai Composite is lower by 0.03%. European markets are lower today with shares in Germany off the most. The DAX is down 0.69%, while France's CAC 40 is off 0.41% and London's FTSE 100 is lower by 0.07%. The rupee was trading at 66.42 against the US$ in the afternoon session.

According to a leading financial daily, Hindustan Unilever (HUL) has signed an agreement with Mosons Group to acquire its flagship brand 'Indulekha'. The deal envisages the acquisition of the trademarks 'Indulekha' and 'Vayodha', intellectual property, design and knowhow, for a consideration of Rs 3.3 billion, payable upon closing of the transaction and a deferred consideration of 10% on the domestic turnover of the brands each year, payable annually for a 5 year period commencing FY18.

The proposed acquisition is in line with the company's strategic intent to strengthen (Subcription Required) its leadership position in Personal Care by providing an impetus to its play in the evolving Premium Naturals segment. The company recently reported a revenue growth of 4% YoY during the quarter, while profits declined marginally by 2% YoY (Subscription Required).

The script of HUL finished the day down by 1.2% on the BSE. The share price of HUL has risen more than 9% in the last month (Subscription Required).

Coal India has reportedly tied up with Indian Council of Forest Research and Education (ICFRE) as well as National Energy Research Institute (NERI) to find ways and means of producing coal through measures that would be beyond the mandatory environment norms. Further, the company is committed to set up at least 1,000 MW of solar power generation plants in various states to compensate for greenhouse effects.

The plan comes at a time when the company plans to achieve a production target of a billion tonnes by 2020. With a modest production of 79 million tonnes at the year of its inception, Coal India is the single largest coal producer in the world.

Coal India remains committed to strong volume growth (Subscription Required). In FY16, Coal India has envisaged a coal production target of 550 MT with capex of Rs 59.9 billion. To improve utilizing underground mines more efficiently, Coal India has invited bids from consultants for preparing a study of range of issues, including raising output.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers