ITV

Tag: Sensex

  • BSE to Tweet real-time updates

    BSE to Tweet real-time updates

    MUMBAI: Twitter and Asia’s first stock exchange, BSE, have joined forces in their pursuit of providing real time information to the business community in India on Twitter via auto tweets, DMs and more. Investors can access financial data at the tip of their fingers, through four unique integrations:

    ·Hourly Tweet updates of the Sensex figures

    ·@BSEIndia’s display photo change every two minutes to reflect the current Sensex figure and level

    ·Real time replies for Sensex 30 current stock prices via an auto-response

    ·Direct Message subscription facility for Daily Opening and Closing stock price for Sensex 30 companies

    Twitter is the first international social media platform that the BSE is leveraging to enable Indian investors to access stock-related information via a digital platform with ease.

    Twitter has activated four unique features through hourly tweets, autoresponder tweets for Sensex 30 stock prices, auto direct messages for opening and closing figures of Sensex 30, and a ‘live’ display photo that will change every two minutes to project the dynamic Sensex figure and level.

    During trading hours (9 am to 3.30 pm), @BSEIndia will send hourly tweet updates of the Sensex figures, level, and Top 5 gainers and Top 5 losers.

    @BSEIndia’s display photo will change every two minutes to reflect the current Sensex figure and level — with a red arrow pointing downwards when it is down, and a green arrow pointing upwards when it is up. At a glance, people can gauge the market condition.

    For Sensex 30 current stock prices, people can Tweet to @BSEIndia with the company hashtag to get the current company stock price via an auto-response. The official hashtags for companies are listed on www.bseindia.com. For example, you can Tweet: @BSEIndia #HDFC:

    One can also subscribe to a special Direct Message subscription facility for Daily Opening and Closing stock price for Sensex 30 companies. One can activate this facility by Tweeting ‘#Subscribe #CompanyName’.

    Viral Jani, Media Partnerships, Twitter India said, “This is the first-ever association in Asia between a stock exchange and a social media platform to provide real-time market updates.”

    Endorsing this partnership, Ashishkumar Chauhan, MD & CEO, BSE India, said, “BSE is known for its innovative products and strategies.”

  • BSE to Tweet real-time updates

    BSE to Tweet real-time updates

    MUMBAI: Twitter and Asia’s first stock exchange, BSE, have joined forces in their pursuit of providing real time information to the business community in India on Twitter via auto tweets, DMs and more. Investors can access financial data at the tip of their fingers, through four unique integrations:

    ·Hourly Tweet updates of the Sensex figures

    ·@BSEIndia’s display photo change every two minutes to reflect the current Sensex figure and level

    ·Real time replies for Sensex 30 current stock prices via an auto-response

    ·Direct Message subscription facility for Daily Opening and Closing stock price for Sensex 30 companies

    Twitter is the first international social media platform that the BSE is leveraging to enable Indian investors to access stock-related information via a digital platform with ease.

    Twitter has activated four unique features through hourly tweets, autoresponder tweets for Sensex 30 stock prices, auto direct messages for opening and closing figures of Sensex 30, and a ‘live’ display photo that will change every two minutes to project the dynamic Sensex figure and level.

    During trading hours (9 am to 3.30 pm), @BSEIndia will send hourly tweet updates of the Sensex figures, level, and Top 5 gainers and Top 5 losers.

    @BSEIndia’s display photo will change every two minutes to reflect the current Sensex figure and level — with a red arrow pointing downwards when it is down, and a green arrow pointing upwards when it is up. At a glance, people can gauge the market condition.

    For Sensex 30 current stock prices, people can Tweet to @BSEIndia with the company hashtag to get the current company stock price via an auto-response. The official hashtags for companies are listed on www.bseindia.com. For example, you can Tweet: @BSEIndia #HDFC:

    One can also subscribe to a special Direct Message subscription facility for Daily Opening and Closing stock price for Sensex 30 companies. One can activate this facility by Tweeting ‘#Subscribe #CompanyName’.

    Viral Jani, Media Partnerships, Twitter India said, “This is the first-ever association in Asia between a stock exchange and a social media platform to provide real-time market updates.”

    Endorsing this partnership, Ashishkumar Chauhan, MD & CEO, BSE India, said, “BSE is known for its innovative products and strategies.”

  • Maxis-Aircel deal plunges Sun TV 8.55 per cent

    Maxis-Aircel deal plunges Sun TV 8.55 per cent

     BENGALURU:  Reports that both the Maran brothers were questioned by the enforcement directorate (ED) under the provisions of the money laundering act early this week brought down the share price of Sun TV Network (Sun TV) on the bourses today. The ED questioned the Maran brothers – Dayanadhi and Kalanithi about the Aircel-Maxis deal, according to media reports.

     

    The script closed 8.55 per cent down (down by Rs 32.15) at Rs 343.75 per equity share having face value of Rs 5 on the BSE. There was a spurt in traded volumes by 1.46 times and the stock had breached the 338.35 circuit to reach a low of Rs 335.65 on the BSE. The stock on 12 December opened at Rs 376 after it had closed on 11 December at Rs 375.90. The intraday high for Sun TV was Rs 379.60. The Total Traded Quantity (TTQ) on the BSE was 2.59 lakh shares with a turnover of Rs 9 crore, against a 2 week TTQ average of 1.49 lakh shares per day. The S&P BSE Sensex fell 0.91 per cent (down 251.33 points) to Rs 27350.68 today.

     

     Note: 100,00,000 = 100 lakh = 10 million = 1 crore.

     

     On the NSE, the stock fell 7.88 per cent (down Rs 29.65) to Rs 346.70 from its previous close of Rs 376.35. It opened at Rs 379.35 on the NSE with a High/Low of Rs 379.35/Rs 320.55. The traded volume of Sun TV shares on the NSE was 21,50,608 at a traded value of Rs 7,485.19 lakh. The NSE CNX Nifty fell 0.8.3 per cent (68.8 points) to 8224.10 at close of trading day today.

     

  • TV’s 10% growth will add to AdEx growth in 2015 in India, predicts ZenithOptimedia

    TV’s 10% growth will add to AdEx growth in 2015 in India, predicts ZenithOptimedia

    MUMBAI: The year 2014 saw the biggest Lok Sabha elections held in the country with Bharatiya Janta Party winning with a majority giving people a hope of ‘aache din’.

    It has been just over six months of the newly elected government led by Prime Minister Narendra Modi and it seems to have captured the collective consciousness of the country. And as the year comes to an end, ZenithOptimedia’s Advertising Expenditure Forecasts says that falling food prices as well as oil prices have contributed to a reduction in the Consumer Price Inflation to a historic low of 5.52 per cent in October. IMF and World Bank have forecast an identical 6.4 per cent growth in 2015, up from 5.6 per cent in 2014. The stock market index has crossed 28000, up from 20000 in November 2013.

    Hence, we enter 2015 with a strongly positive consumer and business sentiment, albeit recognising that consistent on-ground delivery and reforms will be needed to keep this sentiment up. Hence, cautious optimism, though with way more optimism than same time last year, is still the right expression.

    The agency expects consumption to continue picking up, with passenger car and utility vehicle sales turning positive, credit card spending on the rise, loans for durables growing. From an ad-expenditure point of view, FMCGs will continue their dominance but given the weak monsoons, some categories might stay flat or have slow growth. High growth is expected from telecom, e-commerce, mobile phones, cars and two wheelers, retail, realty and the BFSI sector. 2015 will also be the year of ICC Cricket World Cup, which will also be a trigger to growth in ad expenditure.

    And with the new TV measurement system scheduled to launch in 2015, as is the much-awaited phase III expansion of FM Radio. Regional media, across print, TV and all other media continues to drive growth in media consumption. With internet base increasing to 250 million, smartphone ownership expected to reach 200 million by 2014 end, and the country awaiting the launch of 4G services by telecom operators, online and mobile will continue to see the maximum growth rate. Digital advertising however, has become dearer as the government decided to re-impose service tax.

    Given these factors ZenithOptimedia expects the ad-ex to grow by 12 per cent to Rs 40,307 crore, at an overall level in 2015, as against 10.7 per cent in 2014 (over 2013). This growth will be primarily fuelled by print at 12 per cent, TV at 10 per cent and online and mobile at 25 per cent. Other media are expected to grow between 5 – 10 per cent.

     

    Global forecast

    The year 2014 continued the trend of seeing the rise of mobile advertising and social media, and the transition to programmatic buying of digital display, will help the global advertising market grow 5-6 per cent a year over the next three years.

    According to ZenithOptimedia, global ad spend will grow 4.9 per cent to reach $545 billion in 2015. The global economy is expected to improve (the IMF predicts 3.8 per cent global GDP growth in 2015, up from 3.3 per cent in 2014), but advertising faces a tough year-on-year comparison after the Winter Olympics, World Cup and US mid-term elections in 2014. Ad spend growth will therefore be slightly below 2014’s 5.1 per cent.

    2016 will be a quadrennial year – with the Summer Olympics, US Presidential elections and the UEFA European Football Championship – and we expect these events to propel ad spend to 5.6 per cent growth that year, before it slips back to 5.2 ad spend in 2017 in their absence.

     

  • Sensex turns positive, rises 150 points

    Sensex turns positive, rises 150 points

    MUMBAI: Just as Finance Minister Arun Jaitley presented Budget for the year 2014-15, stock markets showed positive signs. However, by the end of the day it had fallen lower than its opening value. At 3:34 pm the Sensex closed at 25,372.75, down 72.06 points and Nifty ended trading at 7,567.75, falling by 17.25 points. Among specific sector indices Midcap index was up 0.35 per cent, Realty index up 4.67 per cent and Bank Nifty down 1.25 per cent. The IT index was down by 0.96 per cent while infrastructure index  was up by 0.15 per cent.

     

    At 3:10 pm was when the Sensex turned negative and was down 81 points at 25,363. The  Nifty down 17.3 points at 7,568 but at 1:16 pm the Sensex was trading at 158 points higher at 25,603.61 and Nifty was up  by 45 points at 7,630.

     

    At 1:00 pm the realty index was up by 1.05 per cent but at 12:20pm, the 30-share benchmark BSE sensex was down 139.75 points, or 0.6 per cent at 25,305.06 points

     

    Sensex stocks like Wipro rose by 2.2 per cent while IT giant Infosys rose by 1.5 per cent.

     

    Stocks of Sesa Sterlite fell by 2.5 per cent along with Bharti Airtel whose stocks were down by 2.4 per cent. The stock exchange’s power and banking indices were down by 1.5 per cent each.

     

    Shares of defence companies and financial services companies, with interests in insurance, rose after Jaitley raised the cap for foreign direct investment (FDI) in these two sectors by up to 49 per cent.

     

    Financial services firms Reliance Capital and Bajaj Finserv were up by 1.9 per cent each, while Max India rose by 2.7 per cent.

     

    “Difficult as it may appear, I have decided to accept this target as a challenge,” Jaitley said, adding that the fiscal deficit would be brought down to 3 per cent of GDP by 2017. “We cannot leave behind a legacy of debt for our future generations.”

     

  • Sensex sees a high with Modi win

    Sensex sees a high with Modi win

    MUMBAI: It is not only that BJP and the citizens of the largest democracy are rejoicing over the victory of Narendra Modi, who is set to swear in as the next Prime Minister. The hope that Modi had shown to people during his campaigns, has reflected on the sensex today. The S&P BSE Sensex had managed to rally over 1400 points in quick time on Friday.

    At 11:00 a.m.; sensex was trading 982 points higher or 4.1 per cent at 24887.82. It hit a low of 24,271.54 and a high of 25,375.63 in trade today. According to a news report in the Economic Time, a few cash rich companies will be a priority for investors now.

     

    According to another report by Financial Express, shares of Mukesh Ambani owned Reliance Industries Limited (RIL) increased by as much as 9 per cent.

     

    Mukesh Ambani-led Reliance Industries scrip surged 8.47 per cent to touch one-year peak of Rs 1,142.50 at the BSE. Shares of another listed-entity Reliance Industrial Infrastructure rose by 3.94 per cent to Rs 455.85.On the NSE, the blue-chip stock zoomed 8.71 per cent to hit its fresh 52-week high of Rs 1,145.25.

     

    Another market report available on Economic Times.com, mentions how the shares of the Adani group of companies have escalated to as much as10 per cent. The Group head Gautam Adani is known to be close to India next PM Narendra Modi as the mandate of the 16 Lok Sabha gave a humongous victory to the BJP.

     

    This Gujarat based company along with RIL, which has its oil refinery at Jamnagar is expected to gain the most with Modi’s win. At 09:30 a.m.; Adani Ports & Special Economic Zone was trading 3.4 per cent higher at Rs 227.85, Adani Enterprises was up 6.2 per cent to Rs 532.45 and Adani Power was trading 4.4 per cent higher at Rs 57.40. 

     

    The rupee meanwhile rallied to a 11 month high of 58 of 58.71 against the dollar early today due to persistent selling of the US currency by both banks and exporters on hopes of higher foreign capital inflows. The weakness of the dollar in the overseas market has also boosted the rupee value.

     

    Major business news channels and newspapers have said the stocks of certain companies like ICICI Bank, Axis Bank, PNB, BOI, Yes Bank, RIL, IOC, ONGC, GAIL, HPCL, Maruti Suzuki, M&M, Motherson Sumi and Apollo Tyres have gone bullish.. According to Economic times, United Phosphorus, Dhanuka Agritech, Lupin, Divis, Aurobindo Pharma, L&T, Voltas, Crompton Greaves, Cummins, TCS, Mind Tree, Tech Mahindra, HCL Tech, Tata Steel, Century Textile, DB Corp, Emami Ltd, IRB Infra, Havells India and Welspun India will outperform as the new government takes charge.

  • UTV Stars’ new show promises to bring the box-office home

    UTV Stars’ new show promises to bring the box-office home

    MUMBAI: UTV Star, a channel from the UTV bouquet, was launched with the promise of being the intimate insider of Bollywood. And keeping to it, the channel has started a new show – Box Office Live.

    The show will catch the pulse of the nation on every new release and promises to be the ‘sensex’ of Indian Cinema by providing its viewers with first-hand information about that day’s release. In addition to viewer’s opinions, the show will also feature a t?te-?-t?te with producers, distributors and studio executives to discuss how the movie is faring at the single and multi-screens across cities.

    Speaking on the show, Disney UTV, UTV Stars media networks director, content & editor Manish Dubey says, “Box Office Live! a yet another significant and path-breaking step fulfilling the long standing commitment of UTV Stars to get Bollywood closer to its audience. As the official channel of Bollywood, it’s our responsibility to give the audiences the real and the big picture of Indian Cinema and this show does exactly that in a format that has not yet been seen on Indian Television.”

    The show premiering with Chennai Express’ release will be bringing all the box office updates in a three-minute segment hitting every top of the hour throughout the film opening day. It will be talking to the audiences from theatres across the country and provide minute by minute reactions on the day of release enabling the viewer to give his or her personal “Hit” or “Miss” verdict.

    The show is hosted by Sunanda Wong, a Bollywood and lifestyle journalist, who has over five years of experience up her sleeves.

  • Media stocks under fire as Sensex crashes

    MUMBAI: Finance minister P Chidambaram‘s `no nothing‘ offer to the media sector came as no surprise except in the area of set-top boxes (STBs) where one thought a push would be given in terms of sops to boost the local manufacturing industry. There is very little that the Budget can offer in realistic terms and the past trend continued this time too.

     

    If the Union Budget 2007-08 hurt the media stocks today, it was more to do with the announcements that were made as part of an overall corporate sector tax policy. There were, in fact, three tax proposals that could pinch the industry but in varying degrees.

    First, and this will particularly hit the news channels, is the employee stock options (ESOPs) which are being brought under the fringe benefit tax (FBT) net. Listed companies like TV18 Group, NDTV and TV Today Network have been planning to use this as a management tool to retain talent in a media business that has recently seen a high attrition rate.

    Already NDTV‘s net profits have been eroded (for a few quarters) by a rise in personnel costs and ESOPs. TV18‘s policy has been to reserve a chunk of holding for the employees while TV Today has taken permission to offer up tp five per cent as stock options.

    The news channels took a beating today with TV18 dropping 4.47 per cent to Rs 578.70 on the BSE while Global Broadcast News slipped 6.08 per cent to Rs 572.80. NDTV, on the other hand, fell 2.26 per cent to Rs 318.50 but TV Today gained 1.7 per cent to Rs 134.85.

    Unlike IT companies which has built stock options into it, the media sector shouldn‘t be unduly alarmed. “There may be some cause for concern but it wouldn‘t have any major impact. Though it is becoming a trend, the media sector doesn‘t integrally have a big component reserved as stock options,” says an analyst at a broking firm.

    The dividend distribution tax, up from 12.5 per cent to 15 per cent, will also impact the sector. But this could only be a minor shock as media companies are not well known for doling out huge dividends.

    The third, and probably most pinching of the lot, is the commercial property rentals that will now fall under the service tax bracket. If this does not exclude the entertainment sector (we are still awaiting clarity on this), multiplexes may find themselves in a spot of trouble. Most of them have ambitious expansion plans to spread across the country and do not see ownership of property as the only route to setting up screens in different locations.

    The multiplex companies went into a free-fall today as the scrip value dipped in the stock exchanges. Adlabs and Shringar ended four per cent down at Rs 423.65 and Rs 52.65 respectively while Cinemax fell 7.29 per cent to Rs 141.25.

    “If the multiplexes fall under the service tax net, it will have a more lasting impact on their bottomlines,” says an analyst.

    Meanwhile, UTV dropped 8.61 per cent to Rs 258.95 while Balaji Telefilms fell 7.58 per cent to Rs 114.05.

    Zee Group‘s Wire & Wireless India Ltd (WWIL) also shed 6.5 per cent to close the day at Rs 102. While Cas (conditional access system) is slow to take off, the industry is still not clear whether there are incentives provided in the Budget for domestic manufacturing of set-top boxes.

    “Media stocks fell today along with the tumbling of scrips in other sectors like cement and IT. Besides, there was a global meltdown which cast its imfluence in India. It remains to be seen how long the Budget will cast its negative impact on the media stocks, but there is nothing that is deeply damaging,” the analyst adds.

     
  • Media scrips soar as Sensex recovers

    Media scrips soar as Sensex recovers

    MUMBAI: Bucking the trend of a sustained dip over the last few days, the Bombay Stock Exchange (BSE) benchmark Sensex gained over 345 points today, recording the biggest single day gain for the month. The bounce back was fuelled by massive buying by foreign and domestic funds even as global markets firmed up.

    The Sensex closed at 10,352.94, after touching an intra-day high of 10,409.58 points. The National Stock Exchange (NSE) index Nifty registered a gain of 90.30 points and closed at 3,023.05.

    Among the media stocks, Sun TV recorded the maximum gain on the back of healthy FY06 results. Inspired by an almost 70 per cent jump in net profits, the Sun TV scrip closed at 1,083.60 in the BSE, higher by Rs 38.10. At the National Stock Exchange (NSE), it ended the day’s trade at 1,085.50 with a gain of Rs 35.30. The rally was significant as the scrip had tumbled yesterday from Rs 1099 to Rs 1045, a fall of Rs 54.

    In the media block, TV18 scored the next best gain for the day, going up by Rs 35.70 to close at Rs 578 on the BSE. At the NSE, it gained Rs 36.7 to reach 577.35 points. TV18 has been maintaining a steady run since a long time. Since the last one month, the scrip has gone up by Rs 92 at the BSE.

    UTV Software Communications, riding on the market expectations of an equity deal with an international major, gained Rs 14.35 at the BSE today, to close at 165.65 points. At the NSE, it gained Rs 13.00 to touch Rs 164.45. Gemini Communications rose Rs 14.7 at the BSE, to reach 396. Navneet Publications gained Rs 10.45 at the BSE and Rs 11.45 at the NSE to close at 278.55 and 279.30 respectively. Hinduja TMT recorded a gain of Rs 9.8 to close at 479.75 at the BSE.

    Other prominent media scrips which also recorded gains for the day included NDTV, Zee Telefilms, Entertainment Network India, Adlabs Films and Balaji Telefilms. However, Saregama India was the only major loser as the scrip dipped by Rs 7.3, to close at 142.45 at the BSE.

  • Zee bucks the trend as Sensex crashes

    Zee bucks the trend as Sensex crashes

    MUMBAI: The Sensex underwent a dramatic “corrective” drop of 157 points on 7 April but Zee Telefilms Ltd (ZTL), was among the few stocks that bucked the trend.

    ZTL, which closed the previous day’s trade at Rs 246.60 on the BSE, had opened the day on a strong note. Zee’s acquiring the telecast rights for one day international matches to be played by India on neutral venues over the next five years yesterday seems to have made the market hungry and it was just waiting for the next day’s trading to open to pounce on the stock. The buying spree even saw the stock price touching its 52-week high of Rs 270 (Rs 291 at NSE) before falling prey to the negative sentiment that gripped the market, around afternoon.

    The Bombay Stock Exchange (BSE) ended the session at 11,589.44, lower by 1.34 per cent than its previous closing mark, while the National Stock Exchange’s (NSE) 50 stock Nifty index settled at 3454.80, recording a 56.10 points or 1.6 per cent loss.

    During the early day trade, the Sensex had surged past the 11,900 mark to a new lifetime high of 11,930.66. Just when it seemed that the12,000 mark was within reach, the Sensex took a beating amid rumours that the regulator had banned eleven foreign institutional investors from participating in the market. Consequently, ZTL also took a plunge from its day’s best Rs 270 to a rather poor score of Rs. 244.60.

    Then, after SEBI came out with a denial of that report, the stock made a timely recovery along with a few blue chip stocks which also regained some lost ground. ZTL finally saw it closing for the day at Rs 250.10 at the BSE, up by 1.42 per cent or Rs 3.50 higher than its previous closing mark. At the NSE, it closed at Rs 250.45, up by 1.42 per cent or Rs 3.50 than the previous closing mark.

    A total of 2 million ZTL shares were traded during the day, while the average number of shares traded per day during the last two weeks period is 1.5 million.

    According to broking analysts indiantelevision.com spoke to, the positive performance ZTL has been displaying in the recent times shows that the stock is on its way to reach a value that is more in conformity with the levels that the Sensex has reached. “ZTL is yet to reach its real value and speaking about the overall performance of the stock in the recent times, we can assume that it is in the process of realising its actual price at the Sensex,” says an analyst.

    “Acquiring the neutral venue International cricket rights might have helped the stock to buck the negative trend at the Sensex today. But, there are more significant factors that have been boosting the stock overall. The four-way demerger, the remarkable improvement on the programming front, the advertising rates consequently going up, all have been helping the stock to attract buyers,” he adds.