Fag-end buying lifts Sensex 260 pts, Nifty tops 14,550; Infosys dips 2.5%

Overall, the Nifty Bank, Pharma, Metal, IT, Financial Services, and Private Bank indices ended up to 1.4 per cent higher

10:56 AM

Top losers on BSE at this hour

Company	PRICE(rs)	CHG(%)
I O B	16.75	-7.20
Bank Of Maha	25.40	-5.93
Sobha	497.55	-5.88
Sunteck Realty	278.80	-4.93
Central Bank	17.25	-4.43

10:48 AM

India records highest ever single-day spike with 200,739 Covid-19 cases

The number of new coronavirus cases in India hit a record daily high with over 200,000 infections being reported in a day, while the active cases surpassed the 14- lakh mark,according to the Union Health Ministry data updated on Thursday. With the new cases, the total tally of Covid-19 cases in the country rose to 14,074,564. READ MORE

10:43 AM

MARKET CHECK :: Sensex tumbles 400 pts

10:34 AM

5paisa Capital to raise Rs 251 crore at Rs 500 per share; stock zooms 20%

Shares of 5paisa Capital were locked at the 20 per cent-upper circuit at Rs 350.40 on the National Stock Exchange (NSE) on Thursday after the firm's board approved fund raising of Rs 251 crore at Rs 500 per share on preferential basis to marquee investors and Promoters and Promoter Group. The preferential issue price is at 70 per cent premium over Tuesday’s closing price of Rs 292 per share on the NSE. READ MORE

10:27 AM

Q4 results preview: Quick economic recovery to aid banks' profits

Lenders, including non-banking finance companies (NBFCs), are proving to be one of the strongest anchors of March quarter (Q4FY21) earnings. Aided by last year’s low base, better-than-expected economic recovery, and prudent provisioning in the first nine months of 2020-21 (9MFY21), net profit, on average, analysts estimate a sharp surge while loan book may expand in the high single digits. However, headwinds in terms of mark-to-market losses from rising bond yields and likely increase in slippages may restrict bottom line. READ MORE

10:17 AM

Rupee opening

-- Rupee opens at a 9-month low against US dollar at 75.18 vs Tuesday's close of 75.06/$

10:07 AM

NEWS ALERT | L&T Heavy Engg bags orders in the range of Rs 1,000 cr-2,500 cr

10:00 AM

Infosys shares dip 6% on profit booking post March quarter results

With today’s intra-day decline, the stock of the information technology (IT) giant has slipped 11 per cent from its all-time high level of Rs 1,480 touched on Monday, April 12. Prior to that, since March, Infosys has outperformed the market and rallied 15 per cent as compared to a 1 per cent rise in the S&P BSE Sensex till Friday, April 9. READ MORE

9:51 AM

Broader markets check :: Nifty MidCap index slips 1%

9:40 AM

Indices fail to hold gains; Sensex down 200 pts

9:39 AM

Most active stocks by volume

Company	PRICE(rs)	CHG(%)	VOLUME
S A I L	93.30	2.87	177124
St Bk Of India	345.00	1.19	84595
Natl. Aluminium	57.25	2.42	74901
IDFC First Bank	53.95	-0.19	73072
L&T Fin.Holdings	94.30	-0.47	56679

9:38 AM

Sector watch :: PSU Banks underperform

9:37 AM

Metal stocks shine in a volatile market; SAIL, Hindalco gain 4% each

9:35 AM

Result reaction :: Tata Metaliks dips over 1%

>> The company on Wednesday posted Rs 74.99 crore net profit for the quarter ended March 31, 2021, a fall of 2.66 per cent YoY from Rs 77.04 crore posted in the same period last year.

9:33 AM

Tata Motors up 1%

>> The company on Wednesday said its group's global wholesales, including Jaguar Land Rover, increased 43 per cent YoY to 3,30,125 units in the fourth quarter of 2020-21 fiscal.