MARKET WRAP: Stocks roiled on coronavirus fears, Sensex plunges 807 pts

All that happened in markets today

2:17 PM

Rupee check

2:17 PM

NEWS ALERT | To discuss a major trade deal with India: Donald Trump

Photo: ANI

2:15 PM

NEWS ALERT | To sign a $3 bn deal for Helicopters for Indian Air Force: US President Donald Trump

- US to help India with their Air Defence System

2:11 PM

MARKET CHECK | Top 5 losers on the BSE at this hour

2:04 PM

There's much to gain from friendship between Trump and Modi: Nikki Haley

Former White House official Peter Lavoy said that the Modi-Trump summit "will be consequential" because security ties will be advanced, Kashmir issue will be deferred, Afghanistan will be managed, trade differences will be mitigated, energy ties will be enhanced and defence deals will happen. READ MORE

2:04 PM

Nifty sectoral indices at this hour

1:58 PM

NEWS ALERT | America is India's friend, and will always remain faithful: Donald Trump in Ahmedabad

1:56 PM

MARKET UPDATE:: Sensex extends fall, down 500 pts now

1:48 PM

GLOBAL MARKET UPDATE:: Europe opens lower

1:46 PM

SECTOR WATCH:: Nifty Metal index extends fall

1:36 PM

Contribution to S&P BSE Sensex's fall today

1:30 PM

India will become premier digital society: Mukesh Ambani at CEO Summit

Reliance Industries Chairman Mukesh Ambani on Monday said India is at the cusp of becoming a premier digital society, and will be among the top three economies of the world. In conversation Microsoft Chief Executive Satya Nadella at the Future Decoded CEO Summit here, he said the big change driving this transformation is the deepening of mobile networks which are working at a much faster pace than before. READ MORE

1:25 PM

MARKET CHECK

1:15 PM

BROKERAGE RADAR | ICICI Securities on Aurobindo Pharma

Growing US scrutiny is the new normal, for a company like Aurobindo, which owns the largest infrastructure of US focused plants, the stakes are even higher. In this backdrop, we expect this volatility to persist for some more time until the important plants come clear out of scrutiny. Another key event to watch is the Sandoz acquisition, post which the contribution from the US will increase to ~58%, highest vis-à-vis most domestic pharma companies. We maintain HOLD and arrive at a target price of Rs 555 (9x FY22E EPS of Rs 61.7).

1:01 PM

Hero MotoCorp shares slip to over 5-year low, tumble 12% in February

Shares of Hero MotoCorp (HMCL) slipped 2 per cent intra-day to hit an over five-year low of Rs 2,192 on the BSE on Monday amid concerns that the volume weakness might continue in the next 2-3 quarters due to inventory correction with dealers and notable price increases as a result of the BSVI transition. The two-wheeler major's stock was trading at its lowest level since May 2014. READ MORE