Bulls return to D-St after 6 days; Sensex up 642 pts, Nifty tad below 14750

Mood on D Street changed after Moody's Analytics said India's economy is likely to grow by 12 per cent in CY2021 following a 7.1 per cent contraction last year

9:43 AM

MARKET UPDATE:: S&P BSE SmallCap index dips 3%

9:36 AM

MARKET INSIGHT :: Investors need to wait and watch, says V K Vijayakumar

Market dynamics have become highly complex with an uncertain cocktail of positive & negative factors. The smart rebound in economic activity, sharp decline in crude by 7% overnight, reaffirmation of accommodative monetary stance by the Fed & resumption of FII buying are clear positives. But the second wave of Covid, particularly in the economically crucial state of Maharashtra,  the rise in US bond yield above 1.7% and sustained DII selling are negatives. The market direction in the short-term will be decided by either the positive or negative factors gaining traction, going forward. Investors will have to wait & watch

Note: VK Vijaykumar is Chief Investment Strategist at Geojit Financial Services

9:30 AM

ALERT :: Nifty breaks below 14,400

9:29 AM

Weakness extends in markets

9:28 AM

Deepak Nitrite down 1% despite rating upgrade

>> Rating agency CRISIL has upgraded long-term rating outlook for bank loan facilities of Rs 750 crore of the company, from 'AA-/Positive' to 'AA/Stable.

9:27 AM

Godrej Properties slips 3%

>>  Rating agency ICRA has assigned 'AA' rating to the company's proposed issue of non-convertible debentures of up to Rs 1,500 crore.

9:25 AM

GAIL India slides 2.6% amid market weakness

>> The company has signed Concession Agreement with Ranchi Municipal Corporation for setting up Compressed Biogas Plant in Ranchi.

9:24 AM

Delhi HC upholds the Emergency Award that Amazon had won against Future Retail-RIL deal

>> Future Retail sinks 10%, RIL down 0.32%

9:21 AM

Volatility Gauge

India VIX jumps over 4% in early deals, trades at 20.95

9:20 AM

Sectoral trends on the NSE :: Auto, PSB indices down 1% each

9:19 AM

Sensex Heatmap :: 27 of the 30 constituents trade in the red

9:18 AM

Opening Bell

9:17 AM

Opening Bell

9:12 AM

Commodity trading at Open

9:09 AM

Top gainers and losers on the S&P BSE Sensex in Pre-open