Autos, RIL set-off losses in banks; Sensex dips 20 pts, Nifty holds 15,100

The broader markets, however, bucked the trend and ended higher today. The S&P BSE MidCap and SmallCap indices added 0.7 per cent and 0.4 per cent, respectively at close

SI Reporter New Delhi

MARKET LIVE: Sensex, Nifty back in the green; Bajaj Finserv, M&M up over 2%

11:03 AM

NEWS ALERT :: No proposal to remove tax on petrol, diesel, Oil Ministry informs Parliament

10:54 AM

How to use Directional Movement Index in trading

The Directional Movement Index (DMI) determines the direction in which the trend is headed, while also providing an idea about the strength and momentum of the trend. In fact, J. Welles Wilder had invented this indicator in order to understand the direction of stocks or indexes. READ MORE

10:52 AM

How Sebi's warning system curbs GameStop-like gains in Indian stock markets

For regulators hoping to rein in wild moves in small stocks like the 17-fold surge in GameStop Corp. last month, India has a system worth studying. Rules created by the Securities and Exchange Board of India together with the nation’s exchanges are aimed at preventing unwarranted price swings and manipulation of stocks with a market capitalization below Rs 25,000 crore ($3.4 million). READ MORE

10:44 AM

Varroc Engineering tumbles 13% on disappointing December quarter results

Shares of Varroc Engineering, on Wednesday, crashed 13 per cent intra-day to Rs 397.25 on the BSE after the company reported a disappointing set of numbers for the December 2020 quarter (Q3FY21). The company’s consolidated Ebitda (earnings before interest, taxes, depreciation, and amortisation) declined 8.8 per cent year on year (YoY) at Rs 245.60 crore. Ebitda margins declined 260 basis points (bps) YoY, mainly due to lower margins in Varroc Lighting Systems (VLS). READ MORE

Stock broker, broker, market crash, market fall, loss, trader, marker, markets, stock markets, stock

10:32 AM

Sensex drops 300 points; only four constituents trade higher

10:30 AM

Here's why small-caps could power the market rally in coming days

The stock market recovery in the past 11 months has been astonishing. Despite an economic contraction, the National Stock Exchange (NSE) Nifty and BSE Sensex have hit all-time highs and the big stock indices have roughly doubled from the lows hit after the announcement of the first lockdown in March 2020. READ MORE

10:21 AM

MARKET UPDATE:: Sensex extends losses

10:16 AM

NEWS ALERT :: TCS to recruit 1,500 tech employees across the UK over the next year

10:13 AM

Nifty Realty index outperforms

10:08 AM

Rupee Opening

Rupee opens flat at 72.87 per US dollar vs Tuesday's close of 72.89/$

9:59 AM

Special dividend, strong Q3 results drive Polyplex shares 17% higher

Shares of Polyplex Corporation surged 17 per cent to Rs 880, also its record high, on the BSE in Wednesday's intra-day trade after the company's board declared a special dividend of Rs 100 per share. The stock surpassed its previous high of Rs 878 touched on August 21, 2020. The board of directors declared payment of a third interim dividend (special) for the financial year 2020-21 at Rs 100 per share (of the face value of Rs 10 each). READ MORE

markets, stock market, sensex, correction, nifty, shares, growth, profit, economy, gain

9:50 AM

NEWS ALERT :: Decision to open up capacity beyond 80% will depend upon behavior of virus, Hardeep Singh Puri

>> Some airlines want govt to open up to 100%, while others don’t.

>> Operating flights up to limit that has been allowed, is a commercial decision

Alert: Aviation Min was speaking in the Parliament