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Tuesday, December 24, 2024 | 10:15 PM ISTEN Hindi

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Sensex falls 164 pts; Vodafone Idea tumbles 9%, Happiest Minds soars 17%

Despite an overall slowed down momentum in the markets, investors rewarded auto stocks as the June sales figures showed healthy year-on-year recovery

Image SI Reporter New Delhi
MARKET LIVE: Indices rangebound; Bajaj Auto, Tata Motors top gainers

1:24 PM

Sebi fines 4 entities for non-genuine trades in illiquid stock options

Capital markets regulator Sebi imposed a total fine of Rs 29 lakh on four entities for fraudulent and manipulative trading in illiquid stock options segment on the BSE.
 
The regulator observed that such large-scale reversal of trades in stock options led to creation of artificial volume at BSE. READ MORE

1:12 PM

June Auto Sales :: M&M record total sales of 32,964 units

1:02 PM

Power Mech zooms 33% in 4 days after order win from Central Coalfield

Shares of Power Mech Projects zoomed 18 per cent to hit a fresh 52-week high of Rs 886.15 on the BSE in intra-day trade on Monday, thus surging 33 per cent in the past four trading days after order win from Central Coalfield. The stock of the construction & engineering company had hit a record high of Rs 1,164 on May 29, 2019. READ MORE

defaults, NPA, growth, credit, economy, gdp, market, shares, stocks, valuation, growth, profit, loss

12:52 PM

Sebi bars Biocon's official from securities mkt for 3 months, levies fine

Regulator Sebi has restrained an official of Biocon Ltd from accessing the securities market for three months and also levied monetary penalty for contravening insider trading norms. Biocon had announced information relating to its collaboration with Sandoz and the period of unpublished price sensitive information (UPSI) was from December 20, 2017 to January 18, 2018, The Securities and Exchange Board of India (Sebi) noted in an order passed late on Wednesday. READ MORE
12:41 PM

Tech view: 3 reasons why Sensex & Nifty are failing to hit new record peaks

The BSE barometer Sensex is currently trading 800 points down from its all-time high of 53,126 while Nifty50 is off some 200 points from the record peak of 15,915. While the overall trend for the benchmark indices look positive, the current scenario is reflecting a confused state of mind among market players. READ MORE

12:30 PM

Mid-market view | Gaurav Garg, Head of Research at CapitalVia Global Research

Indian benchmark indices were trading moderately lower on Thursday morning trades, fluctuating between gains and losses due to a sluggish trend in Asian peers and foreign investment outflow. Traders became concerned when India's manufacturing activity fell for the first time in 11 months in June, as cautious consumer attitude in the aftermath of the disastrous second wave of the coronavirus pandemic drove firms to cut factory output. Despite states loosening lockdown rules, the contraction occurred. On Wednesday, the S&P 500 set a new closing high for the fifth consecutive day, as investors mostly ignored the strong economic data and focused on Friday's highly anticipated employment report. Asian markets were trading mostly in red as investors continue to take a cautious route over the concerns of a new virus in the area.
 
We witnessed an attempt to hold the Nifty 50 index support level of 15670-15700. 15650 will be an important level in the short term for the market to stay positive. We expect a recovery from these level till the level of 15900. 
12:20 PM

Franklin fund exec says India regulator exceeded authority in banning him

A senior executive of U.S. money manager Franklin Templeton (FT) told an Indian appeals tribunal the country's market watchdog "overstepped" its powers by banning him from the securities market for unfair trade practices, a filing showed. Vivek Kudva, head of Asia Pacific distribution at FT, was barred last month by the Securities and Exchange Board of India (SEBI), which said he and his family members used non-public information to sell holdings worth about $4 million in Franklin debt funds that were shut down weeks later and caused investor panic. READ MORE
Franklin Templeton MF

12:16 PM

June Auto Sales :: Maruti Suzuki India posts total sales of 147,368 units in June 2021

12:10 PM

June Auto Sales :: Eicher Motor's total CV sales jump 79.5% YoY

12:07 PM

June Auto Sales :: Ashok Leyland's total domestic sales rise 174% YoY

11:59 AM

June Auto Sales :: Tata Motors' domestic sales grow by 353% in Q1FY22 over Q1FY21

>> Tata Motors Limited today announced its sales in the domestic & international market for Q1FY22 stood at 1,14,784 vehicles compared to 24,978 units during Q1 FY21

11:48 AM

Dabur India shares hit fresh record high on robust growth outlook

Dabur India shares hit a record high of Rs 587.95 after they surged 3 per cent on the BSE in the intra-day trade on Thursday, surpassing its previous high of Rs 582.70, touched on June 16, 2021. The stock of the consumer goods company (FMCG) has outperformed the market in the past one month, by rallying nearly 9 per cent, on hopes of improvement in operational performance. In comparison, the S&P BSE Sensex has added just 0.9 per cent during the period. READ MORE
Dabur's specially-designed vans are moving around residential localities across India, reaching out to consumers educating them about the need to boost immunity to fight illnesses

11:36 AM

NEWS ALERT :: Royal London expands partnership with TCS

> TCS to transform Royal London's pensions platform and improve customer experience


11:20 AM

Top losers on BSE at this hour

Company PRICE(rs) CHG(%)
Vodafone Idea 9.18 -7.74
Sequent Scien. 292.40 -6.48
Adani Total Gas 968.80 -5.00
Adani Transmissi 1009.85 -5.00
Power Fin.Corpn. 123.35 -4.19
» More on Top Losers
11:09 AM

Asset monetisation drive of beleaguered BSNL, MTNL hits roadblock again

The asset monetisation drive of the beleaguered Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) has hit a bump, yet again, as it faces land use change hurdles in some states. It is learnt that the monetisation exercise is not working and the department of telecommunications (DoT) will take a fresh look into it. Recently, during the review of the tel­e­com sector by the Prime Minister, the is­sue of selling the assets of BSNL and MTNL was also flagged off by the department. READ MORE

BSNL

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First Published: Jul 01 2021 | 8:05 AM IST