Sensex cracks 1,407 pts as Covid-19 fears resurface; Nifty holds 13,300

InterGlobe Aviation and SpiceJet sunk up to 10 per cent on the BSE after India suspended flights from the UK till December 31

1:21 PM

Sectoral Watch | Nifty PSU Bank index worst sectoral performer on NSE, down nearly 2%

1:03 PM

Market Update | Sensex falls 320 points, trades at day's low

12:59 PM

Godrej Ind dips 3% after block deal, trades lower for third straight day

Shares of Godrej Industries dipped 3 per cent to Rs 434 on the BSE on Monday after one million of the company's equity shares changed hands via block deal. The stock was trading lower for the third straight day, down 8 per cent during the period. It hit a 52-week high of Rs 483 on Wednesday, December 16, 2020. Godrej Industries is the flagship company of the Godrej Group and holds leadership position in its core business of oleochemicals in the domestic market. READ MORE

12:47 PM

Tesla debuts into S&P after frantic Friday trading

Tesla Inc will on Monday make its much anticipated debut into the benchmark S&P 500 index, after rising to a record high on Friday in a frantic day of trading. The company, headed by billionaire Elon Musk, will become the most valuable ever admitted to Wall Street's main benchmark and will account for 1.69% of the index, according to S&P Dow Jones Indices' analyst Howard Silverblatt. (Text Source: Reuters)

12:44 PM

Mrs Bectors Food IPO allotment status: Here's how to check

The allotment status of Mrs Bectors Food's Rs 540 crore initial public offer (IPO) is likely to be announced on Tuesday. The issue, which ran between December 15 to December 17, was the most successful IPO of 2020 so far, having received 198 times subscription as investors eye solid listing gains following the success of previous IPOs. READ MORE

12:36 PM

GMR Infra gets nod from stock exchanges on proposed rejig plan

GMR Infrastructure on Monday said it has received consent from stock exchanges, with no adverse observations, on its proposed restructuring involving demerger of its non-airport vertical business. The company said it will file the scheme with the National Company Law Tribunal (NCLT) within six months. (Text Source: PTI)

12:26 PM

News Flash | Snowman Logistics approves to raise funds up to Rs 250 cr via QIP

Following this development, the stock was down 0.36 per cent at Rs 55.95. 

12:23 PM

IPO Update : Anthony Waste Handling Cell IPO subscribed 75% within 2 hours

Issue Size	66,66,342
Total Bids Received	50,13,678
Total Bids Received at Cut-off Price	37,53,232
No. of times issue is subscribed	0.75

Source: NSE

12:20 PM

PODCAST :: What should be your investment strategy with markets at all-time high?

Massive liquidity following central banks' actions, impressive retail participation, green shoots in the economy, foreign capital inflow and the developments on vaccine front -- all have come to the aid of the market bulls, driving indices to record high levels. In this scenario, what should be your investment strategy? 

LISTEN IN!

12:15 PM

RIL, L&T, HDFC Bank: Strategies for blue-chip stocks in a range-bound mkt

Larsen & Toubro Ltd (LT): After conquering the 200-weekly moving average (WMA) at Rs 1,173 levels, on a closing basis, the stock is nearing the resistance level of Rs 1,350 levels. A firm close above this mark may trigger a fresh rally towards Rs 1,500 levels. The overall trend remains bullish in the stock as it is exhibiting a stable upside with each corrective move meeting with long positions. The Moving Average Convergence Divergence (MACD), too, has crossed the zero line suggesting bullish sentiment to contunue. The support level comes in at Rs 1,250 level. READ MORE

12:07 PM

BSE IT best sectoral performer; here are top winners & losers from the sector

12:03 PM

NEWS FLASH | RIL, IOC, BPCL likely in race for Navi Mumbai ATF pipeline: Cogencis

Navi Mumbai ATF pipeline may cost up to Rs 100 crore

11:59 AM

BUZZING STOCK:: Burger King gains 6%

11:42 AM

AstraZeneca Pharma gets DCGI nod to market asthma drug

Drug firm AstraZeneca Pharma on Monday said it has received marketing authorisation from Drug Controller General of India for Benralizumab solution, indicated as an add-on maintenance treatment for severe asthma. AstraZeneca Pharma India has received import and market permission in Form CT-20 (marketing authorisation) from the Drugs Controller General of India for Benralizumab 30mg/ml solution for injection (Fasenra), the drug firm said in a regulatory filing. Benralizumab (Fasenra) is indicated as an add-on maintenance treatment for severe asthma with an eosinophilic phenotype in adult patients. (Text Source: PTI)

11:41 AM

Borosil Renewables surges 13% on successfully raising Rs 200 crore via QIP

Shares of Borosil Renewables surged 13 per cent to Rs 189, also its fresh record high on the BSE on Monday, after the company announced the successful completion of fund raising of Rs 200 crore through a qualified institutions placement (QIP). The company allotted 15.8 million equity shares of face value of Re 1 each at Rs 126.55 per share. Post the QIP issue, the holding of promoter and promoter group will be 61.92 per cent, Borosil Renewables said in a press release. READ MORE