Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Consumer durables lead gains
Thu, 18 Dec 11:30 am

After opening in the green, the Indian Indices have continued to trade firm during the morning session. Consumer durable and power stocks are leading the gainers. Mid and small cap stocks too are witnessing buying interest.

The BSE-Sensex is trading up by 240 points. The NSE-Nifty is trading up 66 points. The BSE Mid Cap index is trading up 2% and the BSE Small Cap index is trading up 2.3%. The rupee is trading at 63.58 to the US dollar.

Most energy stocks are trading higher today. Gujarat Gas and GAIL are leading the gainers. As per a leading financial daily, oil major ONGC has given out a Euro 100 mn contract to a French firm called 'Technip' to build an oil and gas terminal at Odalarevu in Andhra Pradesh. This terminal is slated to have a capacity of 6 million standard cubic meters per day, and will receive gas from ONGC's Vashistha and S1 fields in Bay of Bengal. The hydrocarbons extracted from these deep water offshore fields would be transported to this new onshore oil and gas terminal for processing.

Aluminum stocks are trading firm today. As per a leading business daily, aluminum major Hindalco is targeting a record US$ 1 billion of aluminium exports by the end of FY15. Encouraged by rising demand in the US and Europe, the company has set for itself this ambitious target. Reportedly, the company has exported less than half of this target as of mid-November.

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


What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Consumer durables lead gains". Click here!

  

Related Views on News

ONGC Share Price Down by 7%; BSE OIL & GAS Index Down 4.0% (Market Updates)

Feb 26, 2021 | Updated on Feb 26, 2021

ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).

The BSE OIL & GAS Index Down 2% ; GAIL Among Top Losers (Market Updates)

Feb 26, 2021 | Updated on Feb 26, 2021

The BSE OIL & GAS Index Down at 16,121 (down 2.1%). Among the top losers in the BSE OIL & GAS Index today are GAIL, ONGC and HPCL. Meanwhile, the BSE Sensex has plunged 2.8% to 50,400.

ONGC 2019-20 Annual Report Analysis (Annual Result Update)

Dec 9, 2020 | Updated on Dec 9, 2020

Here's an analysis of the annual report of ONGC for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of ONGC. Also includes updates on the valuation of ONGC.

ONGC Announces Quarterly Results (3QFY20); Net Profit Down 49.8% (Quarterly Result Update)

Feb 19, 2020 | Updated on Feb 19, 2020

For the quarter ended December 2019, ONGC has posted a net profit of Rs 42 bn (down 49.8% YoY). Sales on the other hand came in at Rs 237 bn (down 14.4% YoY). Read on for a complete analysis of ONGC's quarterly results.

ONGC Announces Quarterly Results (1QFY20); Net Profit Down 3.9% (Quarterly Result Update)

Aug 26, 2019 | Updated on Aug 26, 2019

For the quarter ended June 2019, ONGC has posted a net profit of Rs 59 bn (down 3.9% YoY). Sales on the other hand came in at Rs 266 bn (down 2.4% YoY). Read on for a complete analysis of ONGC's quarterly results.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps (Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Intraday Trading for a Living (Fast Profits Daily)

Feb 15, 2021

In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.

Top 5 Stocks Mutual Funds Bought and Sold in January 2021 (Sector Info)

Feb 16, 2021

A look at what India's top equity mutual funds bought and sold in January 2021.

I Would Recommend this Small-cap Stock Over Tesla (Profit Hunter)

Feb 16, 2021

Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE OIL & GAS


Feb 26, 2021 (Close)

S&P BSE OIL & GAS 5-YR ANALYSIS

COMPARE COMPANY

MARKET STATS