MARKET WRAP: Sensex down 190 pts, Nifty below 12K-mark ahead of Budget FY21

All that happened in the markets today

1:01 PM

NEWS ALERT | See strong rebound in growth in FY21 on weak base: Economic Survey 2020

12:55 PM

NEWS ALERT | See FY20 tax collection lower than estimates: Economic Survey 2020

12:53 PM

NEWS ALERT | May need to relax fiscal gap target in FY20 to revive growth: Economic Survey

12:51 PM

NEWS ALERT | Govt tables Economic Survey 2020 in Parliament

-- FY21 GDP growth seen at 6-6.5%

-- FY21 expected to pose threat on fiscal front

12:48 PM

IOC plans $1.4 bn investment to raise Bihar refinery capacity by 50%

The state-run company is raising its refining capacity to meet growing demand for petroleum products in the country.

 

India has emerged as a bright spot for refined fuel demand. READ MORE

12:40 PM

Neemuchwala's Wipro stint marked by contract wins, strategic direction

Neemuchwala, who had been given the additional responsibility of MD in July last year, has cited 'family commitments' as the reason behind his departure from the Azim Premji-promoted firm. "The board has initiated a search to identify the next CEO READ MORE

Abidali Neemuchwala

12:31 PM

Adani Green surges 5% in a weak market

12:17 PM

Dabur India surges 5% after Q3 result beats Street estimates

Shares of Dabur India surged 5 per cent to Rs 502 on the BSE on Friday in an otherwise weak market after the company reported better-than-expected financial performance for December quarter (Q3FY20) led by domestic volume growth, international business and higher gross margins. In comparison, the S&P BSE Sensex was down 0.50 per cent or 205 points at 40,708 at 11:52 am. READ MORE

12:12 PM

UltraTech is now Asia's second-most valuable cement company by m-cap

India’s cement makers continue to race ahead of their global peers in terms of market capitalisation (m-cap) and valuation ratios. The market leader, UltraTech Cement, is now Asia’s second-most valuable cement maker, behind China’s Anhui Conch Cement and ahead of Thailand’s Siam Cement PCL. READ MORE

12:00 PM

Earnings Alert | Bank of India Q3 result

>> Net profit at Rs 105.5 crore

>> Net Interest Income (NII) at Rs 4,118 crore 

>> Net NPA at Rs 20,113 crore

>> Provisions at Rs 4,015 crore

>> Gross NPA at Rs 61,731 crore

11:52 AM

NEWS ALERT | L&T revives plans to sell MF biz: CNBC TV18

11:46 AM

Colgate continues its post Q3 results slide

11:38 AM

HCL Tech down over 2%, near day's low

11:35 AM

Tech Mahindra Q3 preview: Roadmap for 15% EBIT margin outlook for FY21 eyed

Tech Mahindra, the Pune-headquartered information technology (IT) services company, is expected to post up to 3.1 per cent quarter-on-quarter (QoQ) growth in revenue in constant currency (CC) terms for the quarter ended December 31, 2019. Partial consolidation of Born Group is expected to aid revenue growth by around 50 basis points (bps) QoQ. Tech Mahindra had acquired New York-based digital transformation agency Born in November last year. READ MORE

11:27 AM

Sensex down 100 pts now