MARKETS: Indices end flat; Sensex slips 37 points, Nifty settles at 13,114

All that happened in the markets today

2:05 PM

DHFL, Vakrangee, Tanla Platforms from BSE Smallcap zoom over 75% in 1 month

Tanla Platforms hit a fresh record high of Rs 675.55 today. Its share price has nearly doubled from the level of Rs 341.40. Since November 12, i.e. in 13 trading days, the stock has soared 89 per cent after the company said its stock has been included in MSCI India Domestic Small Cap index. The company has seen a lot of interest from foreign institutional investors (FIIs). READ MORE 

2:05 PM

European indices mixed in early deals

Source: Reuters

1:50 PM

Should you buy Bitcoin or gold? The debate is heating up on Wall Street

Bitcoin’s tumble last week, the biggest since March, after a 150% run-up this year underscores the famous volatility of the asset class that has kept mainstream investors at bay. Yet if they start moving just a small portion of their gold holdings into the $350 billion Bitcoin industry, it would be a game-changer for diversification strategies on Wall Street. READ MORE

1:40 PM

ALERT :: Indices extend decline; Nifty tests 13,000-mark

1:33 PM

Nifty Realty index up 2%; Oberoi Realty jumps 12%

1:26 PM

Financials top laggards on Sensex

1:25 PM

Interest Waiver Case :: Moratorium must be extended till March 31, 2021, says Senior Advocate Rakesh Dwivedi

1:24 PM

Interest Waiver Case :: SG asks if Srivastava's argument is that there is no need for providing benefit in case moratorium availed

>> Justice Bhushan clarifies that he argument is that the argument centers around how everyone should be provided benefit and not "small borrowers"

>> To leave it to the banks to establish their own criteria is the problem and this criteria will create subjectivity from bank to bank and the methodology will differ, says Srivastava.

 

>> There has to be a mandate, some compulsion. It cannot be left to their willingness only. This kind of structure may have elements of subjectivity, Srivastava says.

1:19 PM

NEWS ALERT | SC hearing on extension of moratorium underway

>> RBI must issue circulars to Housing banks, says Senior Advocate Rakesh Dwivedi

>> The argument of RBI that financial costs will be huge if more reliefs and schemes are given does not hold good, says Senior Advocate Ravindra Srivastava

>> This cut-off of Rs 2 crore for borrowers is arbitrary, says Senior Advocate Ravindra Srivastava. There cannot be general classification based on such an arbitrary figure, he adds.

 

1:18 PM

NEWS ALERT :: Odisha Government caps the price of RT-PCR test by private labs at Rs 400, reports CNBC TV18

1:13 PM

BSE Midcap index trades flat

1:03 PM

MARKET UPDATE:: Sharp fall in Sensex

12:59 PM

Gail rallies 18% in 3 days after PNGRB simplifies gas pipeline tariff

In the past three trading days, the stock of Gail (India) has rallied 18 per cent after oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB) notified regulations for unified gas transmission tariff structure. The tariffs will be applicable based on two zone structure related to distance from source of gas. In the past one month, the stock has surged 42 per cent as against a 12-per cent rise in the S&P BSE Sensex. READ MORE

12:48 PM

MARKET UPDATE:: Sensex off lows but still down 100 pts

12:38 PM

BREAKING NEWS :: UK approves Pfizer/BioNTech Covid vaccine for mass roll out

>> British regulator, the MHRA, says the jab, which offers up to 95% protection against Covid-19 illness, is safe for roll out.

>> Immunisations could start within days for people in high priority groups.

 

>> The UK has already ordered 40m doses - enough to vaccinate 20m people, with two shots each.

 

>> Around 10m doses should be available soon.

(Source: BBC)