Except pharma and IT all other sectoral indices are trading green.

Feb 19, 3:34 PM (IST)
Market at close: Bears dragged the Nifty below 10,600 during last hour trading but managed to close just above the 10,600 level.

At the end, Sensex was down 145.83 points at 35352.61, while Nifty was down 36.60 points at 10604.40. About 1360 shares have advanced, 1169 shares declined, and 122 shares are unchanged.

Wipro, TCS, IndusInd Bank, NTPC and Infosys were the top losers on the Nifty while top gainers include Vedanta, Grasim Industries, BPCL, Zee Entertainment, and JSW Steel.

IT space was a major drag among the sectors followed by pharma and energy, while buying was seen in FMCG, metal and PSU bank index.

Feb 19, 03:21 PM (IST)
HIL start commercial production: The company has commenced the second phase production of its dry mix plant at its plant located at Jhajjar, Uttar Pradesh. The total additional installed capacity is 1,05,000 MT per annum.

Feb 19, 02:42 PM (IST)
TCS partners Nanoheal: Tata Consultancy Services announced a partnership with Nanoheal, a predictive workspace automation platform provider, to offer enterprises cognitive, self-healing end-user device management solutions.

Feb 19, 02:30 PM (IST)
Sensex Off Day’s High

Benchmark indices were off day’s high in afternoon. ICICI Bank, Reliance Industries and ITC stocks continued to support the market whereas IT stocks caught in bear trap.

The 30-share BSE Sensex was up 144.63 points at 35,643.07 and the Nifty50 gained 43.70 points at 10,684.70. The market breadth was positive as about three shares advanced for every two shares falling on the BSE.

Feb 19, 02:23 PM (IST)
IT Search Operation at Divis Labs Concluded

The officials of Income-Tax Department conducted search at the company’s Head Office, Research Centre and Manufacturing sites from February 14 to 18, 2019.

Company said it has extended full co-operation to the officials during the search and provided all the information sought.

The search operation concluded on February 18 and no irregularities have been found, it added.

source: moneycontrol.com