Investors lose Rs 3.6 trillion as Sensex falls 883 pts on Covid-19 woes

The Nifty Pharma index was the only index that ended in thee green, up 0.17 per cent

1:22 PM

SECTOR WATCH:: Aviation stocks in red

COMPANY NAME	LATEST	HIGH	LOW	CHG(%)
SpiceJet	61.30	64.00	61.15	-6.84
MFL India	0.17	0.17	0.17	-5.56
Interglobe Aviat	1521.30	1558.50	1516.95	-3.97
Jet Airways	84.80	85.00	84.80	-4.99

1:10 PM

Supreme Petro hits record high in a weak market; up 38% thus far in April

SPL is promoted by Supreme Industries and the Rajan Raheja group with 30.78 per cent stake each. The company manufactures polystyrene (PS), expandable polystyrene (EPS) and Extruded Polystyrene (XPS). It has a polystyrene manufacturing plant at Nagothane in Raigad, Maharashtra, set up in technical collaboration with ABB Lumus Crest (USA). Apart from the primary business of polystyrene and EPS production, SPL imports styrene monomer and trades in the domestic market. READ MORE

1:00 PM

'Disconnect between markets and the reality of on-ground Covid situation'

The rapid rise in Covid cases over the past few days have triggered a panic-like situation across the country, with most state governments resorting to mobility curbs and weekend curfews. Markets, too, have reacted sharply to the developments.

 

The S&P BSE Sensex has slipped around 9 per cent from its 2021 peak level of 52,517 hit on February 16 to around 47,700 levels now. The mid-and small-cap indices, too, have been in the line of fire with both the indices slipping nearly 7 per cent and 5 per cent, respectively during this period.  READ MORE

12:52 PM

These bank stocks may tank up to 18% as second Covid wave threatens recovery

The 'Financial Services' segment command a weight of 38 per cent in the Nifty50 index with HDFC Bank (10.24 per cent), HDFC (7 per cent), ICICI Bank (6.34 per cent), Kotak Mahindra Bank (4 per cent), and Axis Bank (2.76 per cent) being 5 of the top 10 Nifty constituents. READ MORE

12:40 PM

Trading in debt-ridden Coffee Day shares to resume from April 26

Debt-ridden Coffee Day Enterprises Ltd (CDEL) on Saturday said trading 0in its shares would be resumed at BSE and NSE from April 26.

 

"Revocation of suspension of trading in the equity shares of CDEL has been done by NSE and BSE vide their letter dated 16th April 2021. The trading in the securities of the company will be resumed from 26th April 2021, CDEL, which runs Cafe Coffee Day chain, said in a BSE filing. READ MORE

12:29 PM

Top losers on BSE at this hour

Company	PRICE(rs)	CHG(%)
Team Lease Serv.	2980.85	-8.51
MMTC	38.75	-7.96
Suzlon Energy	4.44	-7.11
AU Small Finance	1001.05	-7.09
Bank Of India	64.80	-7.03

12:24 PM

NEWS ALERT

12:22 PM

NEWS ALERT :: Delhi CM announces 1-week lockdown in the city

12:16 PM

NEWS ALERT :: Jubilant Pharma develops novel oral formulation of Remdesivir

>> Jubilant Pharma develops novel oral formulation of Remdesivir with successful completion of safety and pharmacokinetic/absorption studies in animals and healthy human volunteers

Click here for details

12:06 PM

Future Retail vs Amazon case

>> SC stops HC hearings in Amazon-Future Retail

>> SC to hear Amazon-Future Retail case on May 4

11:58 AM

MARKET UPDATE:: ICICI Bank, HDFC twins, and RIL among top Sensex drags at this hour

11:57 AM

IT index outperforms in a weak market

11:47 AM

NEWS ALERT :: Delhi likely to be under complete curfew till April 26

11:41 AM

NEWS ALERT | HCL Tech signs multi-million dollar digital transformation, hybrid cloud contract with UD Trucks

11:37 AM

NEWS ALERT :: Delhi CM Arvind Kejriwal likely to hold press conference at 12 PM today

>> Reports suggest Delhi CM may order 1-week curfew beginning Monday night