MARKET WRAP: Sensex slips 214 pts, Nifty ends at 11,251; pharma, IT advance

All that happened in markets today

1:54 PM

STOCK UPDATE:: Avenue Supermarts, Affle (India) trade weak as stocks shifted to trade-to-trade (T group) category with effect from today

1:53 PM

Tata Motors falls over 5%

1:50 PM

Heatmap: S&P BSE Sensex

1:33 PM

Market check | Nifty50 below 11,150

1:29 PM

Sterling and Wilson Solar hits record low on weak earnings concern

Shares of Sterling and Wilson Solar declined 4 per cent to hit an all-time low of Rs 144 on Wednesday on the BSE amid concerns that the Coronavirus outbreak may negatively impact the company's earnings going forward. Sterling and Wilson Solar, a Shapoorji Pallonji group company, is a global pure-play, end-to-end solar engineering, procurement and construction (EPC) solutions provider. READ MORE

1:29 PM

Market check | Sharp sell-off

1:26 PM

Muted outlook may lead to correction in TVS Motor's stock: Analysts

TVS Motor reported a 27 per cent fall in domestic volumes for February, the sharpest among domestic two-wheeler peers. While motorcycle sales, which account, for about a half of overall volumes fell 3.3 per cent, sales of scooters, its second largest segment, fell 30 per cent to 60,000 units. READ MORE  

1:16 PM

IPO UPDATE | SBI Cards IPO subscribed 2.51 times so far on third day of bidding

The IPO comprises a fresh issue of Rs 500 crore and an offer for sale of 13,05,26,798 shares including anchor portion of 3,66,69,589 shares. Price range for the offer has been fixed at Rs 750-755 per share. SBI Cards expects to raise around Rs 10,355 crore through the IPO. READ MORE  

1:06 PM

Broader Market Check | Mid-caps tumble, S&P BSE MidCap index down nearly 2%

1:05 PM

Nifty Bank index falls 600 pts

1:00 PM

MARKET UPDATE :: Nifty slides below 11,200

12:56 PM

MARKET UPDATE:: Sensex extends fall, down 300 pts now

12:54 PM

BROKERAGE RADAR | Edelweiss Securities on Indian economy

With regards to India, we believe the recovery is likely to be delayed further. This is primarily on two counts. First, if the Coronavirus spreads further in India, activity will be disrupted. Second, exports will take a significant hit as the global economy is slowing down (PMIs have faltered). Hence, we scale back FY21 GDP growth projection 20-30bps to 5.5 per cent. However, synchronous global policy stimulus and expected domestic measures augur well for activity from a medium-term perspective.

12:46 PM

Coronavirus Update

12:45 PM

Delhi HC seeks response of Centre, DGCA, IndiGo, on grounding of A320neo

A bench of Chief Justice D N Patel and Justice C Hari Shankar issued a notice to the Centre, the Directorate General of Civil Aviation (DGCA), IndiGo and GoAir on the petition that contended that the entire fleet of A320neo aircraft should be grounded "in larger interest of public safety". READ MORE