Sensex starts FY22 with a 521-pt gain, ends above 50K; Metals, PSBs shine

The overall market breadth was in the ratio of 1:3 in the favour of advances

3:00 PM

MARKET UPDATE:: ICICI Bank, RIL, and Infosys among top contributors to Sensex's gain today

2:55 PM

Archegos fallout wipes $9 bn from market value of Credit Suisse, Nomura

Investors on Wednesday tallied the fallout from Archegos Capital's dramatic meltdown, with Nomura and Credit Suisse shares losing a collective $9 billion while heightened scrutiny of the hedge fund industry loomed.

 

The downfall of Archegos, a family office run by former Tiger Asia manager Bill Hwang, has rocked a handful of stocks that have been linked to the fund's massive margin call while weighing on shares of banks that did business with the New York-based fund. READ MORE

2:45 PM

Nazara Technologies advances 19% after falling 29% in two days

Shares of the recently listed and ace investor Rakesh Jhunjhunwala-backed Nazara Technologies rallied 19 per cent to Rs 1,738 on the National Stock Exchange (NSE) in intra-day trade on Thursday, after falling 29 per cent in the past two days. The company had made a stellar debut on the bourses on Tuesday as the shares listed at Rs 1,990, an 81 per cent premium over its issue price of Rs 1,101, on the National Stock Exchange (NSE). READ MORE

2:37 PM

Market share gains to support volume growth for Varun Beverages

The second wave of Covid-19 and resultant restrictions on movement could weigh on Varun Beverages’ prospects this summer. The impact for the national bottling partner of PepsiCo would be higher in Maharashtra as well as in the hotels, restaurants, and cafeteria, or Horeca, segment. READ MORE

2:25 PM

Heatmap: S&P BSE Sensex gainers and losers at this hour

2:23 PM

March Auto Sales :: Ashok Leyland gains nearly 4% as co reports over 700% YoY rise in March sales

2:17 PM

Recovery from intra-day lows in today's trade

COMPANY	DAY'S LOW(RS)	DAY'S HIGH(RS)	LATEST(RS)	RISE(%)
Caplin Point Lab	406.65	463.45	452.00	11.15
Future Retail	40.60	44.80	44.80	10.34
Dish TV India	9.27	10.86	10.19	9.92
Adani Power	81.35	89.30	89.30	9.77

2:12 PM

Market Check | Sensex rises over 400 points, trades near day's high

2:03 PM

March GST collection

- GST revenue collection from March sets new record
- Gross GST revenue collection at Rs 1.23 lakh crore

1:58 PM

Britannia appoints Urjit Patel as Non-Executive Independent Director

Board of Directors of Britannia at their meeting held on Wednesday approved the appointment of Dr. Urjit Patel, as an Additional Director of the Company in the category of Non-Executive and Independent Director with effect from 31stt March, 2021 for a term of 5 years. READ HERE

 

(Source: BSE Filing)

1:51 PM

European markets check

(Source: Reuters)

1:41 PM

Sector Watch | Barring FMCG, all indices on NSE trade in the green

1:37 PM

Commodity market participants seek FM's intervention as volumes shrink in Feb-Mar

The Commodity Participants Association of India (CPAI) on Thursday met Finance Minister Nirmala Sitharaman and sought her immediate intervention and policy support following a sharp decline in the volumes of exchange-traded commodities. During the meeting, the CPAI representatives expressed their concerns pertaining to current challenges and hurdles that the industry is facing, which are contributing to diminishing liquidity on Indian commodity exchanges.

 

(Source: PTI)

1:24 PM

ALERT :: Sensex gains momentum

1:13 PM

March Auto Sales :: Eicher Motors' total sales jump 369% YoY in March