MARKETS: Sensex leaps 895 pts from day's low, settles 453 pts up at 46,007

The broader Nifty50, on the other hand, clawed back above the 13,400-mark and closed at 13,466 level, up 138 points or 1.03 per cent

10:37 AM

Top factors that will shape trajectory of Indian markets in 2021

Calendar year 2020 (CY20) was a 'best of times, worst of times' moment for the Indian stock markets, during which the benchmark indices plunged to multi-year lows in March after the number of Covid-19 cases worldwide exploded and the Indian government subsequently implemented a nationwide lockdown, only to then roar back and hit fresh record lifetime highs near the year-end. READ MORE

10:27 AM

Nifty IT index back in the green

10:26 AM

Top losers on BSE at this hour

COMPANY	PRICE(rs)	CHG(%)
IDBI BANK	32.20	-15.49
SPICEJET	82.35	-9.95
PVR	1222.50	-8.41
TRIDENT	8.01	-7.51
LEMON TREE HOTEL	35.80	-7.49

10:14 AM

IDBI Bank falls 19% on listing of fresh shares allotted to QIBs

Shares of IDBI Bank tanked 19 per cent to Rs 30.80 on the BSE in early morning trade on Tuesday after listing 371.8 million equity shares allotted to qualified institutional buyers (QIBs) pursuant to qualified institutional placement (QIP). The stock was trading lower for the fourth straight day, down 27 per cent during the period. The Committee, at its meeting held on Saturday i.e. December 19, 2020, approved the issue and allotment of 371.8 million equity shares to the 44 eligible QIBs at the issue price of Rs 38.60 per equity share, aggregating to Rs 1435.18 crore. READ MORE

10:12 AM

MARKET UPDATE:: Sensex back in green in volatile trade

10:03 AM

Rupee Opening

Rupee opens weaker at 73.95 per US dollar vs Monday's close of 73.78/$

10:02 AM

MARKET COMMENT :: V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

A point repeatedly emphasized has been the vulnerability of the market at high valuations. When the market runs up too much too fast a crash like what happened on Monday becomes inevitable. Those investors who have increased the cash component in their portfolios can consider buying into top quality IT & financials for medium-term appreciation. The concerns regarding the new strain of the virus seems a bit exaggerated. But further lockdowns in the West can impact the expected growth recovery

10:00 AM

MARKET UPDATE:: All the Nifty sectoral indices, except Nifty IT, painted red

9:58 AM

IRCTC down 1.5%

9:56 AM

Mindtree up 2%

9:55 AM

Birlasoft advances nearly 5% in a weak market

9:54 AM

Select IT stocks trade higher; TCS up around 0.5%

9:53 AM

ALERT :: India VIX advances 3%

>> Volatility index in trading at 23.87 levels

9:51 AM

INDEX CHECK :: Sensex tests 45,200 level, Nifty50 breaks below 13,200

>> S&P BSE MidCap index down 2.5%

>> S&P BSE SmallCap index down over 3%

>> All sectoral indices on NSE trade in the red

>> Nifty PSU Bank loses 3.6%, Nifty Auto index down 2%

9:48 AM

Punjab National Bank slips over 4%