Sensex slips for 3rd day, drops 379 pts, Nifty defends 15,100; ONGC up 8%

Sectorally, the Nifty PSU Bank index jumped another 5.6 per cent today, while the Nifty CPSE and Energy indices settled up to 4 per cent higher

2:42 PM

Paytm Money opens F&O trading, receives over 100,000 early access requests

The company said that it has enabled users with the lowest and most competitive brokerage at Rs 10 for F&O, which is in line with its intraday charges of Rs 10, and zero for delivery. The pricing disruption will benefit experienced as well as first-time traders to seamlessly trade in futures & options with a best-in-class product, on their mobile and in a secure environment. The F&O platform has seamless UI and easy onboarding that makes F&O trading accessible and feasible for every Indian. READ MORE

2:32 PM

NTPC's Gadarwara Super Thermal Power Station becomes fully operational

State-owned power giant NTPC on Thursday announced that unit-2 of its Gadarwara Super Thermal Power Station with 800 megawatt (MW) capacity, in Madhya Pradesh has been included in its installed electricity generation capacity. (Text Source: PTI)

2:30 PM

Contribution to Sensex's fall today

2:18 PM

ONGC, BPCL, HPCL: Oil and Gas stocks could surge up to 30%, charts show

Prime Minister Narendra Modi's announcement to spend around Rs 7.5 trillion to build oil and gas infrastructure in India catapulted oil and gas shares at the bourses on Thursday. "We are planning to spend around Rs 7.5 lakh crore in creating oil and gas infrastructure over five years," said the Prime Minister. Today, Indian oil and gas companies are present in 27 countries with investment worth about Rs 2.7 trillion. READ MORE

2:17 PM

European markets check

(Source: Reuters)

2:06 PM

RBI approves DHFL resolution plan from Piramal Capital and Housing Finance

The Reserve Bank of India has cleared the acquisition of Diwan Housing Finance Corporation by Piramal Capital And Housing Finance. The Piramal Group has pipped US-based asset management firm, Oaktree, by bidding far higher for the company last month and now it will merge DHFL with its financial services business as soon as the court clears the transaction. READ MORE

 

2:00 PM

Sector Watch :: Nifty PSU Bank, IT, Metal indices trade higher

1:57 PM

Market Check :: Sensex extends slide, down over 450 points

1:48 PM

Repco Home, PNB Housing Finance soar up to 18%, hit 52-week highs

Shares of Repco Home Finance and PNB Housing Finance rallied by up to 18 per cent, hitting their respective 52-week highs on the BSE in intra-day trade on Thursday, in an otherwise weak market, amid heavy volumes. LIC Housing Finance, GIC Housing Finance and Can Fin Homes were among other housing finance companies (HFCs) that too hit their respective 52-week highs in intra-day trade today as they gained between 4 per cent and 5 per cent. In comparison, the S&P BSE Sensex was down 0.61 per cent at 51,387 points around 01:15 pm. READ MORE

1:46 PM

Jefferies on Finolex Cables

1:36 PM

NFO Alert :: UTI Nifty200 Momentum 30 Index Fund

UTI Mutual Fund (UTI) launches a new open-ended Index scheme replicating/tracking the Nifty200 Momentum 30 Index – ‘UTI Nifty200 Momentum 30 Index Fund’. The New Fund Offer opens on February 18, 2021 and closes on March 04, 2021. The scheme will re-open for subscription and redemption on ongoing basis from March 12, 2021

1:36 PM

BUZZING STOCK:: Happiest Minds surges as much as 15%

1:30 PM

Oil prices climb on fears Texas freeze may hamper US crude output

Oil prices rallied again on Thursday to hit 13-month highs as concerns that a rare cold snap in Texas could disrupt U.S. crude output for days or even weeks prompted fresh buying. Brent crude climbed 89 cents, or 1.4%, to $65.23 a barrel, touching its highest since Jan. 20, 2020. U.S. West Texas Intermediate (WTI) crude futures gained 66 cents, or 1.1%, to $61.80 a barrel, registering its highest since Jan. 8, 2020.

1:22 PM

PE/VC investments drop by 35% in January to $1.6 bn: EY-IVCA data

The largest deals in January 2021 saw a group of investors including Tencent, Lightspeed, Altimeter Capital invest $280 million in Udaan.com, an online B2B trading platform, followed by Tiger Global, Steadview, Fidelity and others investing $250 million in Zomato, a platform for online food ordering and delivery. READ MORE

1:11 PM

Stocks that hit 52-week high on BSE today in an otherwise feeble market

Company	PRICE(rs)	52 WK HIGH	CHG(%)
A B B	1531.15	1565.65	2.22
ABB Power Produc	1439.00	1529.65	5.23
Aditya Birla Cap	103.80	107.55	-0.24
Ambuja Cements	281.80	290.70	-1.73
Bank Of Baroda	93.60	95.50	11.23