Sensex ends choppy day 42 pts up; Asian Paints jumps 8%, Tata Steel down 4%

On a weekly basis, both, the Sensex and the Nifty50 indices slipped around 1 per cent each

3:42 PM

Sectoral trends on the NSE

Barring FMCG, all other indices end the day in the red

3:40 PM

Sensex Heatmap at Close

Top gainers: Asian Paints, ITC, Nestle India

Top losers: IndusInd Bank, M&M, SBI

3:35 PM

CLOSING BELL

The BSE barometer of 30-shares culminated the session at 48,732.5 levels, adding 42 points or 0.09 per cent. During the choppy session, the index hit a high and low of 48,899 and 48,473, respectively. 

 

On the NSE, the broader 50-share index defended the 14,650-mark to settle at 14,678 levels, down 19 points or 0.13 per cent. 

3:29 PM

PMC depositors allowed to withdraw up to Rs 5 lakh for Covid treatment: RBI

"It is the duty of Punjab Maharashtra Cooperative (PMC) to pay hardship amount to the eligible depositors as per directions of RBI and subject to availability of liquidity with that bank. To expedite the process, the authority for approving the payment under hardship grounds has also been delegated to the PMC Bank," states RBI reply in Delhi High Court. READ MORE

3:19 PM

NEWS ALERT :: Welspun India's Board approves buyback worth Rs 200 crore at Rs 120/share

3:12 PM

March Quarter Results :: Escorts

>>  Q4FY21 PAT: Rs 270 crore

 

>> Revenue: Rs 2,710 crore

 

>> Ebitda: Rs 344 crore
 

3:11 PM

TEXMACO RAIL Q4 RESULTS

>> Cons PAT at Rs 14.35 crore vs loss of Rs 100 crore YoY

>> Cons Revenue at Rs 606 crore vs Rs 434 crore YoY

3:02 PM

March Quarter Results :: Macrotech Developers clocks PAT of Rs 311 cr vs Rs 132 cr YoY

2:56 PM

Roaring crypto cacophony drowns out rest of Wall Street in a wild week

Wild stock swings, spikes in Treasury yields, startling economic readings? Interesting, sure. But if you really want to get people’s attention right now, you need to tell them a story about crypto.

 

And there have been a lot of those. Even for a market that’s famous for its wild volatility and gimmicks, the past week’s cryptocurrency news set new records for jaw-droppers. READ MORE

2:49 PM

ITC records sharpest intra-day gain in over three months; stock up over 4%

At 02:20 pm, the stock of the cigarettes, tobacco products company was trading 4.4 per cent higher at Rs 212.20, as compared to 0.03 per cent decline in the benchmark S&P BSE Sensex. The trading volumes on the counter more-than-doubled with a combined 55.38 million equity shares changing hands on the BSE and NSE.

 

ITC has not yet declared the date for the board meeting for consideration of financial results for the quarter and financial year ended March 31, 2021. Last year, the company declared its March quarter results on June 20, 2020. READ MORE

2:38 PM

NEWS ALERT :: Moody's affirms Tata Motors' outlook from 'negative' to 'stable'

>> Rating reaffirmed as B1

2:38 PM

European markets check

(Source: Reuters)

2:28 PM

NEWS ALERT | L&T arm bags contracts worth Rs 2,500 crore-5,000 crore for Chennai Metro

2:20 PM

Alembic Pharmaceuticals gets USFDA nod for bipolar depression drug

Drug firm Alembic Pharmaceuticals on Friday said it has received final approval from the US health regulator for Lurasidone Hydrochloride tablets, used to treat bipolar depression.

 

The approved product is therapeutically equivalent to the reference listed drug product (RLD) Latuda tablets of Sunovion Pharmaceuticals Inc. READ MORE

2:09 PM

BSE Smallcap index underperforms Sensex, down over 1%

>> Here are the top gainers & losers from the pack