Britannia Industries: Stock market update: 17 stocks hit 52-week highs on NSE on Monday

collected by :Haron Adler

referring to Tech Mahindra, NTPC, Infosys, YES Bank, Hindustan Unilever and HDFC closed Monday's session as the top gainers in the Nifty index. NEW DELHI: Asian Paints , Bajaj Finserv, Bajaj Finance, Britannia Industries and Cigniti Technologies featured among the 17 stocks that touched 52-week highs on NSE on Monday despite weak market sentiment.Godrej Consumer Products, HDFC, Hindustan Unilever , Infosys, Kotak Mahindra Bank, Mphasis and Sanofi India too joined the pack of stocks that touched 52-week highs on NSE.Frontline equity indices Sensex and Nifty extended losses to the second consecutive session on Monday owing to losses in metal, pharma, auto, bank and energy stocks, while weak macroeconomic indicators and mixed global cues kept investors' mood subdued.Sensex registered a muted start in the light of tepid Asian cues after an official data showed that China's economy slowed a little in the second quarter.Moreover, a set of weak macroeconomic numbers eroded market optimism.Market's risk appetite was dealt a blow after India's trade deficit widened to its highest in more than five years in June, the trade ministry said on Friday, driven largely by a surge in oil prices and a weaker rupee.The market mood got further hit as a government data released today showed that the inflation based on wholesale prices shot up to 5.77 per cent in June on increasing prices of vegetables and fuel items.Earlier, a government data last week had revealed that the retail inflation jumped to a 5-month high of 5 per cent in the month of June on rising fuel prices.Surging inflation may push India's central bank to hike key rates in its next policy meet in August.The BSE Sensex tanked 218 points, or 0.60 per cent, to settle at 36,324, with 10 stocks advancing, 20 declining and one unchanged.The NSE Nifty finished Monday's session 82 points, or 0.74 per cent, down at 10,937, with 15 stocks in the green and 35 in the red.Tech Mahindra, NTPC, Infosys, YES Bank, Hindustan Unilever and HDFC closed Monday's session as the top gainers in the Nifty index.

Stock market ends week solidly higher after jobs report; Biogen logs best day since 2004

All 11 primary S&P 500 sectors finished higher, with the health-care sector producing the biggest gainer, up 1.5% as Biogen enjoyed its best day in 14 years. For the week, the Dow returned 0.8%, the S&P rose 1.5%, while the Nasdaq gained 2.4%. Separately, the unemployment rate rose to 4% from 3.8%, which could reflect a higher participation rate, as well as an increase that might be tied to the end of the school year. The surge represented its best daily gain since February of 2004, according to WSJ Market Data Group. European stocks XX:SXXP-0.25% finished higher, as gold futures GCQ8+0.11% settled 0.2% lower.

Stock market ends lower as 32 firms lose – Punch Newspapers

referring to Stock market ends lower as 32 firms lose'Femi AsuThe equities market of the Nigerian Stock Exchange extended its losses on Monday as the prices of 32 stocks depreciated at the close of trading. Other losers were Custodian and Allied Insurance Plc, Neimeth International Pharmaceuticals Plc, Oando Plc, Associated Bus Company Plc, Union Diagnostic & Clinical Services Plc, Equity Assurance Plc, Regency Alliance Insurance Company Plc, Tantalisers Plc, and Unity Bank Plc, among others. Eight stocks, led by Nigerian Aviation Handling Company Plc, recorded gains at the close of trading on Monday. It was followed by Sovereign Trust Insurance, which rose by 8.7 per cent to close at N0.25 per share. LASACO Assurance Plc increased by 5.88 per cent to N0.36 per share; UAC of Nigeria Plc gained 5.26 per cent to N14 per share, while Flour Mills of Nigeria Plc rose by 3.10 per cent to N29.9 per share.

Stock market gets Wall Street vote of confidence even as jitters over trade loom

A number of prominent Wall Street strategists remain sanguine about the outlook for U.S. equities, looking beyond the multitude of headwinds that have come to comprise the 2018 wall of worry. Here's whyThe Dow Jones Industrial Average DJIA+0.18% rose 0.4% to 24,456.48 and the S&P 500 SPX-0.1% gained 0.9% to 2,759.82. Uncertainty has been on the rise as President Donald Trump clashes with major U.S. trade partners. He expects the market to start picking up steam around October, in line with past midterm years. "Markets would know what to expect from Congress for the next two years, which would be nothing," Schulze quipped.

titan: Stock market update: PC Jeweller, Titan drag consumer durables index down

ICICI Bank, Sun Pharma and Bharti Airtel were among the top losers in the Sensex index. NEW DELHI: The BSE Consumer Durables index was trading 0.87 per cent down at 19,593 around 01:15 pm with PC Jeweller (down 22.30 per cent) as the top loser.Shares of PC Jeweller plunged as the company's board decided to withdraw its buyback offer of 12.1 million shares with immediate effect.The company on Friday said it's withdrawing a May 10 proposal under which the jeweller was supposed to buy back shares worth Rs 424 crore from shareholders.Shares of Symphony (down 1.50 per cent), TTK Prestige (down 1.06 per cent), Blue Star (down 1.05 per cent), Titan Company (down 0.90 per cent), VIP Industries (down 0.77 per cent), Whirlpool of India (down 0.33 per cent) and Rajesh Exports (down 0.11 per cent) too were under pressure.Meanwhile, Crompton Greaves Consumer Electricals (up 0.32 per cent) was slightly up, while Voltas (up 0.08 per cent) was nearly flat.Key indices Sensex and Nifty were down, tracking weak Asian cues. Investors were cautious after an official data showed that China's economy slowed a little in the second quarter.Weak domestic macroeconomic indicators too hit the sentiment. India's trade deficit widened to its highest in more than five years in June, the trade ministry said on Friday, driven largely by a surge in oil prices and a weaker rupee.Moreover, both retail and wholesale price inflation have shown an uptick amid wobbly rupee and crude oil prices.Benchmark BSE Sensex was 35 points down at 36,506, while the NSE Nifty50 index was down 32 points at 10,987.In the Sensex index, 13 stocks were advancing, while 18 were declining.ICICI Bank, Sun Pharma and Bharti Airtel were among the top losers in the Sensex index.