Sensex ends at day's low, down 746 pts ; Bajaj Auto jumps 11%; RIL down 2%

Shares of Reliance Industries ended 2.4 per cent lower on Friday ahead of the announcement of its December quarter results. The shares have surged around 6 per cent during the week

3:33 PM

CLOSING BELL

3:24 PM

Adani Total Gas, Torrent Gas invest in IGX, acquire 5% stake each

Adani Total Gas and Torrent Gas have become the first strategic investors in IGX (Indian Gas Exchange) by acquiring five per cent stake each, according to the Indian Energy Exchange (IEX).

 

The IGX is an arm of IEX and first authorised gas exchange in the country. The IGX partnership with the two leading gas players will go a long way in developing India's gas markets, an IEX statement said. READ MORE

3:15 PM

S&P BSE MidCap trades 1% lower

3:05 PM

MARKET UPDATE :: Sensex plunges 765 points, at day's low

3:00 PM

Ahead of Results :: Reliance Industries slips 2%

2:52 PM

IPO Update :: Indigo Paints subscribed 42 times so far on Day 3

- Issue closes today

2:40 PM

Nifty Metal index slips 4%; SAIL, Jindal Steel tumble up to 14%

Shares of metal companies were under pressure at the bourses on Friday, with the Nifty Metal index falling 4 per cent, after share prices of Steel Authority of India (SAIL) and Jindal Steel and Power (JSPL) declined by up to 14 per cent on account of profit booking by investors. At 02:01 pm, Nifty Metal index, the top loser among sectoral indices, was down 4.3 per cent, as compared to 1.4 per cent decline in the Nifty50 index. Welspun Corp, Hindalco Industries, Hindustan Copper and JSW Steel were down 5 per cent in intra-day trade on the National Stock Exchange (NSE). READ MORE

2:33 PM

IL&FS board addresses 57% of targeted recovery value of over Rs 56,000 cr

The board of Infrastructure Leasing and Financial Services (IL&FS) on Friday said it had addressed nearly 57 per cent of the overall targeted recovery value and nearly 32 per cent of the overall debt by the end of December quarter (Q3FY21). At the end of Q3, approximately Rs 32,000 crore worth of debt had been addressed by the new board of IL&FS and the management of the company. The bioard also maintained its target of addressing a little over Rs 56,000 crore worth of debt of the company by FY22. IL&FS had a debt of Rs 99,000 crore as of October, 2018. READ MORE

2:23 PM

IPO Update :: Home First Finance issue subscribed 1.5x till 2:15 PM on Day 2

2:16 PM

Dec Quarter Result :: SBI Life reports PAT worth Rs 230 crore vs Rs 390 crore YoY

2:09 PM

50,000 done, now what? Five factors that could help market after scaling 50K

The rally has been aided by benign global liquidity, robust FPI flows, faster than anticipated recovery in economic activity, and expectations of a big-bang Budget. Business Standard looks at five key factors that market players believe could have a bearing on the market movement in the near term: READ MORE

1:55 PM

Sensex Heatmap :: Sensex tumbles 700 pts

1:47 PM

Alembic Pharma gets USFDA nod for low blood pressure treatment drug

Drug firm Alembic Pharmaceuticals on Friday said it has received approval from the US health regulator for Midodrine Hydrochloride tablets, which are used to treat orthostatic hypotension. The approved product is therapeutically equivalent to the reference listed drug product ProAmatine tablets of Takeda Pharmaceuticals USA, Inc. (Text Source: PTI)

1:41 PM

SECTOR WATCH :: Nifty Auto index jumps 3% in a weak market

1:32 PM

MARKET STATS :: Advance-decline ratio at nearly 2:5 on the BSE