Sensex ends 280 pts up; bank stocks gain post SC verdict in moratorium case

Sectorally, the Nifty PSU Bank index emerged as the winner with 3 per cent gains by close. The other two banking indices too settled 1.7 per cent higher each

8:56 AM

Top stocks to watch today

Maruti Suzuki: The company said it will "substantially" increase the prices of its entire product portfolio from next month in order to offset the impact of high input costs. The auto major said the exercise would cover its entire product range in the country.

 

Bank stocks: Shares of bank companies will be in focus today as the Supreme Court will pronounce verdict on a batch of pleas by various trade associations, seeking extension of loan moratorium and other reliefs in view of the Covid-19 pandemic. READ MORE

8:53 AM

Top stock recommendations by Anand Rathi Shares

BUY ADANI PORTS | TARGET: Rs 790 | STOP LOSS: Rs 678

 

ADANIPORTS has been in a secular uptrend for quite a long time and has managed to gauge the market volatility. In recent times, it has seen some correction from its lifetime highs and, in the last two days, it witnessed a reversal from the support of its 21 DEMA on the daily chart indicating bullishness in the counter. On the oscillator front, 14 period RSI has also seen a resurgence from the previous swing low and is all set to march northwards in the coming future. READ MORE

8:50 AM

Bulk deals on the BSE as on Monday

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8:46 AM

Bulk deals on the NSE as on Monday

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8:43 AM

FII/FPI & DII trading activity on NSE, BSE and MSEI

8:41 AM

Rupee check

Source: Bloomberg

8:37 AM

Oil drops on concerns European Covid-19 issues to crimp demand

>> Oil prices fell 1% on Tuesday on concerns that new pandemic curbs and slow vaccine rollouts in Europe will slow a recovery in fuel demand and as producers cut prices, indicating ample oil supply.

>> US West Texas Intermediate (WTI) crude futures for May delivery fell 62 cents, or 1%, to $60.94 a barrel. Brent crude futures for May dropped by 68 cents, or 1.1% to $63.94, erasing a 9 cent gain in the previous session.

(Source: Reuters)

8:32 AM

SGX Nifty alert

>> At 8:30 am, the index was trading 20 points down at 14,695 levels.

8:30 AM

Wall Street update

On Wall Street, the Dow Jones rose 0.3 per cent, the S&P 500 gained 0.7 per cent and the Nasdaq Composite added 1.23 per cent.

8:27 AM

Asian markets check

Asian stocks tracked Wall Street gains and were also largely in the green in Tuesday's early deals. Australian stocks were up 0.2 per cent while Japan's Nikkei gained 0.6 per cent. Hong Kong's Hang Seng, meanwhile, pared early gains and slipped 2 per cent.

8:14 AM

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