Sensex ends flat after volatile trade, holds 52k; IT stks dip, metals shine

The broader markets ended higher today with the S&P BSE MidCap and SmallCap indices settling 0.2 per cent and 0.43 per cent up, respectively

2:40 PM

Sector Watch :: BSE IT index drops 1%, worst sectoral performer

2:34 PM

Market Update :: Broader markets outperform Sensex

BSE Midcap index was trading 0.17% higher while BSE Smallcap index was up 0.28%. BSE Sensex was down 0.16% in late afternoon session 

2:32 PM

Pandemic may push NBFC stressed assets to Rs 1.5-1.8 trn by March: Crisil

The stressed assets of finance companies in India are expected to reach 6-7.5 per cent of their overall assets under management by March, according to rating agency Crisil. Stressed assets are essentially the combined pool of bad loans and restructured credit. In absolute terms, the tally works out Rs 1.5-1.8 trillion. The maximum pain in expected to be in real estate segment. READ MORE

2:22 PM

NEWS ALERT | FM Sitharaman addresses the Central Board of Directors of RBI

-- The FM outlined the thinking behind Union Budget 2021 and the govt's priorities

 

-- The board reviewed the current economic situation, global, domestic challenges and various areas of operations of the RBI

2:15 PM

European markets check

(Source: Reuters)

2:05 PM

ICICI Bank, Infosys, Axis Bank top drags on Sensex

2:01 PM

All the Nifty sectoral indices, barring Nifty Metal and Nifty PSU Bank indexes, trade in red

1:54 PM

NEWS ALERT | TCS bags order from South African Bank, BankservAfrica for payment solutions

1:46 PM

Credit Suisse upgrades India to overweight in APAC portfolio

The sharp turnaround in the economy coupled with a drop in Covid cases over the past few weeks has led Credit Suisse upgrade its stance on India to ‘overweight’ is its Asia pacific (APAC) model portfolio. India, it believes, looks much better positioned cyclically and relative to the pandemic. “India suffered a severe outbreak but has seen a dramatic drop in infections, likely due at least in part to achievement of herd immunity in some locations. READ MORE

1:37 PM

BUZZING STOCK:: PowerGrid surges 7% in an otherwise volatile market

1:18 PM

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

1:11 PM

Fall from intra-day high in BSE500 stocks in today's session

COMPANY	DAY'S HIGH(RS)	DAY'S LOW(RS)	LATEST(RS)	FALL(%)
Mahindra CIE	234.50	195.60	212.95	-9.19
V-Mart Retail	2965.25	2755.55	2767.55	-6.67
Varun Beverages	964.00	896.00	901.90	-6.44
SIS	465.00	431.80	435.55	-6.33

12:57 PM

Varun Beverages narrows loss to Rs 7 cr in December quarter; shares skid 4%

Shares of Varun Beverages skid 4.6 per cent in the intra-day session and hit a low of Rs 899.6 apiece on the BSE on Tuesday amid profit-booking by investors on the company's improved performance in the December quarter. The company narrowed its loss in Q4CY21 to Rs 7.2 crore compared with a loss of Rs 54 crore in the previous year period. It's revenue increased 9 per cent on year to Rs 1,351.3 crore as against Rs 1,239.5 crore YoY. It's total sales volumes (organic) went up by 5.6 per cent YoY at 87.1 million in Q42020. READ MORE

12:49 PM

MARKET UPDATE:: Sensex slips into the red

12:42 PM

NEWS ALERT | Jubilant Food incorporates arm in the Netherlands, Jubilant Food Netherlands B.V.