Business Standard

Monday, December 23, 2024 | 08:33 PM ISTEN Hindi

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D-St ends flat ahead of Powell testimony; Sensex up 14 pts; auto, IT gain

Maruti Suzuki, up 5 per cent, on the NSE was the biggest gainer on the Nifty today after the company decided to hike vehicle prices in the July-September quarter (Q2FY22) to pass on higher input costs

Image SI Reporter New Delhi
MARKET LIVE: Sensex, Nifty pare gains; Maruti  zooms 5%, RIL down 1%

10:10 AM

Info Edge dips 2% on disappointing March quarter results

However, the company has seen improving billing growth both YoY and quarter on quarter (QoQ). Billing increased 25.1 per cent YoY and 39.8 per cent QoQ to Rs 415.3 crore during Q4FY21, mainly led by a 26 per cent YoY growth in recruitment and 41.5 per cent YoY growth in 99 acres billing. As compared to Q4FY19 (a pre-pandemic quarter), the company’s overall billing was up 15.0 per cent. READ MORE

10:00 AM

Citi initiates coverage on Kalyan Jewellers India

Citi initiates coverage with Buy rating given "reasonable valuations". Sets target price at Rs100
 
9:58 AM

MARKET VIEW | Stay invested in high-quality large caps but be selective in mid-small caps

Market moods are swinging wildly each day. After the 5-day losing streak, the Dow rebounded sharply yesterday with a gain of  586  points indicating the return of the bulls. In India, for some time now, this has been a 'buy on dips market' strongly favouring buyers. But at high valuations, the risk-reward ratio is slowly turning unfavourable to buyers. The market might be discounting a sharp recovery in corporate earnings expected this year. Also, the expansionary cycle of growth & earnings might gather momentum, going forward. Stay invested in high-quality large caps but be selective & cautious in mid-small caps. Brent crude at $ 75 is a macro concern for India while softening dollar index is emerging market positive.

-- Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
9:50 AM

PSU Bank index up 2%; IOB, Central Bank of India top gainers

9:48 AM

Most active stocks by volume

Company PRICE(rs) CHG(%) VOLUME
Suzlon Energy 8.27 4.95 18917339
Vodafone Idea 10.23 0.59 7403441
Central Bank 25.95 6.79 6563459
South Ind.Bank 13.21 4.59 6182020
I O B 25.80 9.32 5235762
» More on Most Active Volume
9:42 AM

MARKET CHECK :: Sensex up over 400 pts now

9:36 AM

Volatility Gauge

India VIX slides 3% to 14.6 levels
9:35 AM

KPIT Tech to acquire stake in PathPartner; stock up 6%

The company signed a definitive agreement to acquire a controlling stake in PathPartner Technology.

9:33 AM

Adani Transmission locked in 5% upper circuit ahead of Board meet

The company will seek shareholders nod to raise up to Rs 2,500 crore in one or more tranches through the issuance of equity shares, securities, debentures etc in its annual general meeting on July 13.

9:31 AM

Jaiprakash Associate surges 3.4% post Q4 nos

9:29 AM

Info Edge slips 2% post March quarter results

9:28 AM

Dish TV declines over 1% amid profit booking post fund raising plan

The company on Monday said its board has approved raising up to Rs 1,000 crore through a rights issue in one or more tranches.

9:27 AM

Jet Airways locked in 5% upper circuit

The National Company Law Tribunal (NCLT) will pass its order on the Kalrock-Jalan consortium’s plan for revival of Jet Airways today.

9:26 AM

PNB Housing surges 5% as SAT allows Co to hold EGM

Setting aside Sebi's direction, the Securities Appellate Tribunal (SAT) on Monday allowed PNB Housing Finance to go ahead with the shareholders' meeting on Tuesday to consider the proposed Rs 4,000 crore-investment by private equity firm Carlyle and others in the mortgage firm.

9:25 AM

Indian Bank rallies 2% as lender launches QIP

The lender on Monday launched its qualified institutional placement (QIP) of shares to raise around Rs 4,000 crore, setting the floor price at Rs 142.15 per share.

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First Published: Jun 22 2021 | 8:04 AM IST