MARKET WRAP: Sensex slips 106 pts, Nifty ends at 12,175; financials decline

All that happened in markets today

9:33 AM

BUZZING STOCK:: Torrent Power zooms 7%

9:31 AM

IndusInd Bank dips 1% in early trade

9:27 AM

Sector Watch :: Realty index trades flat

9:25 AM

SBI gains over 2%

9:24 AM

Wockhardt slumps 4%

>> Dr Reddy's Laboratories on Wednesday announced an agreement with Wockhardt Ltd. to acquire select divisions of its branded generics business in India, Nepal, Sri Lanka, Bhutan and Maldives for a consideration of Rs 1,850 crore.

9:22 AM

Result Impact | Ashok Leyland declines 2%

>> Commercial vehicle major Ashok Leyland has reported an 89 per cent decline in profit before tax at Rs 54.17 crore for the quarter ended December 31, 2019 from Rs 483.57 crore, a year ago.

9:21 AM

IRCTC hits 52-week high post Q3 nos

>> Indian Railway Catering & Tourism Corporation (IRCTC) on Wednesday posted a 179.65 per cent year-on-year (YoY) rise in profit at Rs 205.80 crore for the quarter ended December 31.

9:20 AM

YES Bank surges 4.7%

>> Bank is in talks with potential investors, including JC Flowers and Silver Point Capital, for raising equity capital. 

9:18 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 | Nifty50 holds 12,200

9:16 AM

Opening Bell | Sensex opens flat

9:13 AM

Opec cuts 2020 demand forecast by a third amid Coronavirus worries

The cartel reduced projections for demand growth in the first quarter by 440,000 barrels a day, or about a third, in its monthly report. Oil prices sank to a one-year low on Monday as the infection leaves businesses idle and millions quarantined in the world’s biggest crude importer. READ MORE

9:05 AM

Morgan Stanley on global economy

Once the coronavirus outbreak peaks, production normalisation and restocking will likely drive the first phase of a growth pickup. The export recovery, which was underway before the outbreak, will likely reassert its trend. Continued policy easing will also provide support. Indeed, in Scenario 2, we think fiscal deficit could widen by an additional 1.0% of GDP in some of the more exposed economies in AxJ. AxJ central banks are also likely to extend the easing cycle. 

The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in New York, New York January 20, 2015. REUTERS

9:03 AM

Top gainers and losers on S&P BSE Sensex during Pre-open