Sensex soars 740 pts; Nifty nears 17,500; banks, auto shine, metals sink

CLOSING BELL: Reliance Industries, HDFC twins, ICICI Bank, and Bajaj Finance lifted the benchmark S&P BSE Sensex 740 points higher to end at 58,684

SI Reporter New Delhi

a closer look at the stock market data suggests that this rally isn't a one off

1:37 PM

Sensex 30 Heatmap:: Financials, Reliance lead up move

1:28 PM

Russia proposes SWIFT alternative to India for Ruble payments

India’s government is considering a proposal from Russia to use a system developed by the Russian central bank for bilateral payments, according to people with knowledge of the matter, as the Asian nation seeks to buy oil and weapons from the sanctions-hit country. Read more here

1:21 PM

BSE 500:: United Breweries, IDFC First Bank among volume shockers today

United Breweries, Tata Coffee, Mastek, IDFC First Bank and MAS Financial Services were some of the top stocks to witness unusually high volume in trades so far. VIEW ALL

1:14 PM

NEWS ALERT: Spain records 37-year high inflation of 9.8%

1:07 PM

US, UK Markets Futures: Key indices mostly in red

1:01 PM

Asian Markets Update: Shanghai, Hang Seng log strong gains

Source: Yahoo Finance

12:52 PM

BSE 500:: Top losers so far

Hindalco and ONGC shed around 4.5 per cent each. National Aluminium, Adani Power, Vadhman Textiles and Supreme Petrochem were the other major losers. VIEW ALL

12:44 PM

S&P lowers outlook for Jubilant Pharma to negative, sees weak performance

Standard and Poor’s (S&P) has lowered outlook on Jubilant Pharma Ltd from “stable” to “negative” on likely weaker operating performance by the drugmaker. READ MORE

12:35 PM

Chart Check: Indian Hotels, Tata Coffee, Elxsi, Consumer can gain up to 16%

Among the pack, Tata Motors seems to be a slow mover, as the stock may see an upside of 8 per cent on crossing the major hurdles. READ MORE

Till now, a Trusts nominee had to retire from the Tata Sons board at 70 years of age

12:26 PM

BSE 500:: Top gainers so far

Tata Coffee soars 11 per cent. Aegis Logistics, Tata Elxsi, NESCO, Quess Crop, Vakrangee rally more than 6 per cent each. VIEW ALL

12:11 PM

Raymond soars 12%, hits 52-week high on heavy volumes

In the past three months, the stock has outperformed the market by surging 39 per cent after the company reported robust earnings for December quarter (Q3FY22). READ MORE HERE

Raymond consolidates tools & hardware, auto parts biz into engineering biz

12:03 PM

On Sebi diktat, mutual funds step up hunt for risk professionals

A regulatory diktat has triggered a rush for risk professionals among asset managers, bringing what is essentially a low-key, back-office profile into the spotlight. READ MORE