Business Standard

Sensex drops 652pts, Nifty near 17,750 as growth concerns weigh; banks sink

CLOSING BELL: The broad-based sell-off was led by financials including IndusInd Bank (down 4 per cent), Bajaj twins, SBI, ICICI Bank, Kotak Bank, and HDFC duo

Image SI Reporter New Delhi
bear

2:28 PM

BSE 500:: Top gainers so far

Wockhardt has soared 9 per cent and was the top gainer among the BSE 500 stocks so far on Friday. Vardhman Textile, Adani Green, Adani Ports and TV18 Broadcast were some of the other significant gainers, up 5-6 per cent each. VIEW MORE

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2:21 PM

Heatmap :: Financials drag Sensex; IndusInd, Bajaj Finserv top laggards

2:10 PM

Ambuja Cements surges 10% in one week; stock inches towards 52-week high

The competition watchdog on August 12 said the approval was granted to Endeavour Trade and Investment, which is a special purpose vehicle (SPV), set up in Mauritius and controlled by the Adani family. READ MORE

1:56 PM

ALERT :: Moody's cuts China 2022 GDP growth forecast to 3.5% from 4.5%

1:55 PM

BSE 500 :: Muthoot Finance, PVR, Inox Leisure among top weekly losers

Chemplast Sanmar, Mahindra CIE, and Sona BLW also shed up to 7% this week. Click here for more

1:48 PM

BSE 500 :: IRCTC, Happiest Minds, Adani Power among top weekly gainers

Others include Brightcom, Hikal, Indiabulls Real Estate, Adani Green. Click here for more

1:36 PM

Top BSE stocks with high turnover at this hour

1:25 PM

Top BSE losers at this hour

1:15 PM

RIL eyes new high; ONGC, HPCL can gain up to 8% amid windfall tax revision

In trades so far on Friday, Bharat Petroleum Corporation (BPCL), Reliance Industries, Indian Oil Corporation and Hindustan Petroleum Corporation have declined up to 2 per cent. On the other hand, Oil & Natural Gas Corporation (ONGC) has moved 1 per cent higher in an otherwise weak market. READ MORE

1:03 PM

Asian market's dry spell leaves India's credit with worst streak in 13 yrs

Debt sales have suffered globally this year in the face of red-hot inflation and aggressive policy tightening by central banks, despite a spate of US companies storming the market this week. In Asia, depreciating currencies have raised the cost of servicing offshore debt, prompting companies such as JSW Steel Ltd. to consider the local-currency market instead. READ MORE

12:50 PM

Trai sets the ball rolling on auction across 4 bands

The Telecom Regulatory Authority of India (TRAI) has begun work on a consultation paper for auctioning of spectrum in four bands: the two crucial satellite bands which include Ka (satellite to earth 17.2-21.2 GHz and upload from 27.5-31 GHz) and KU (10.2-14.5 GHz) which enable broadband services, and the contentious E band (71-76 to 81-86 GHz ) as well as the V band (between 57-71 GHz). READ MORE

12:40 PM

Broader markets underperform benchmark; India Vix spikes 4%

12:29 PM

MARKET CHECK: Sensex extends slide, over 700 points

12:17 PM

Sensex on track to hit 65,000 in the medium-term, charts show

As per the technical charts, the Sensex has crossed two big crucial levels of 58,500 and 59,800. This scenario is likely to trigger a fresh rally that can see the index cross the last all-time high. READ MORE

Illustration: Ajay Mohanty

12:07 PM

IndusInd Bank, Bajaj Finance, Apollo Hospitals top Nifty50 losers at this hour

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First Published: Aug 19 2022 | 8:13 AM IST