MARKET WRAP: Indices gain for 2nd day, Sensex rises 350 pts; HUL surges 5%

All that happened in markets today

10:27 AM

SECTOR WATCH:: FMCG stocks rally

10:17 AM

IndusInd Bank falls 3% after Moody's downgrades bank's outlook to negative

Shares of IndusInd Bank slipped 3 per cent to Rs 1,252 on the BSE in Wednesday's early morning trade as rating agency Moody’s downgraded the private lender’s outlook to negative from stable on account of the risk of further asset quality deterioration. The stock was 5 per cent away from its 52-week low of Rs 1,192, touched on October 11, 2019. READ MORE

10:17 AM

Market check

10:15 AM

Veterans script a new plot in shadow banking, raise Rs 4,000 cr in equity

In 2005, Jaspal Singh Bindra cut a cheque of $3.3 billion for Standard Chartered Bank’s purchase of Korea First Bank. “Nowadays, I chase investors for Rs 50-100 crore,” says the Centrum Group's executive chairman, and former group executive director at the UK-based bank. READ MORE

10:07 AM

MARKET CHECK:: Sensex extends gains

9:31 AM

BUZZING STOCK:: Honeywell Automation surges 4%

9:29 AM

MARKET UPDATE:: Nifty hits 12,200

9:27 AM

IDBI Bank declines over 3%

>> The private sector lender's profit before tax (PBT) stood at Rs 755.89 crore in the third quarter ended December 2019 (Q3FY20) on teh back of a rise in net interest income and a dip in provisions for bad loans.

9:26 AM

Result Impact | Majesco rises 2%

>>  Net profit of the company rose 57 per cent to Rs 23.43 crore in the quarter ended December 2019 while sales rose 4.08 per cent to Rs 265 crore.

9:21 AM

Motherson Sumi trades in the green on stable global cues

9:20 AM

Result Impact | Coal India gains over 1%

9:19 AM

Sectoral trends at NSE during Opening trade

9:18 AM

Top gainers and losers on S&P BSE Sensex during Opening trade

9:17 AM

First Trade

9:17 AM

First Trade | Sensex gains over 200 pts