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

9:19 AM

OPENING BELL | Nifty moves closer to 18,000

 

9:17 AM

OPENING BELL | Sensex opens with fractional gains

 

9:10 AM

PRE-OPEN | Nifty likely to open unchanged around 17,950

 

9:07 AM

PRE-OPEN | Sensex heading for flat start

 

9:04 AM

CURRENCY ALERT | Rupee opens 9 paise weaker at 79.76/$

9:00 AM

Stocks to Watch: Wipro, RIL, ONGC, IRCTC, NHPC, Adani Total Gas, Nykaa

IRCTC: In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC) is looking to monetise its bank of passenger data while conducting business with private and government companies, and has floated a tender to hire consultant for monetization of these digital assets. In a clarification to exchanges, the company said that the no negotiations have taken place so far and a concrete outcome will be known only after the selection of a suitable consultant.

 

Wipro: The IT services provider has received a multi-year contract to deliver Service integration and management (SIAM) services to HM Treasury (HMT). Wipro and HMT will collaborate to enable end-to-end SIAM services, from strategy, design, and implementation to running business-as-usual services. Read here

8:57 AM

Here's why Mehul Kothari expects up to 10% rally in KPR Mill, Thermax

According to the technical analyst from Anand Rathi, KPR Mill can rally to Rs 640, while Thermax can surge to Rs 2,400. Read more

8:55 AM

F&O Strategy: Nandish Shah recommends a Bull Spread on L&T

The technical analyst from HDFC Securities recommends buying L&T 1900 Call and simultaneously selling 1920 Call for the August series. Read more

8:53 AM

DIIs positive: Buy Rs 471 crore of shares Thursday

 

8:50 AM

FIIs turn negative Thursday; sell Rs 1706 crore of shares

 

8:47 AM

Inflation highs: Euro zone inflation jumps to all-time high of 8.9% in July

8:44 AM

Global update: US existing home sales fall to 4.8 mln in July, lowest since June 2020

source: investing.com

8:40 AM

SGX Nifty muted; markets may consolidate Friday

 

8:37 AM

Rupee weakens 23 paise to close at 79.68/$ Thursday

 

8:32 AM

Oil prices firm up to $96 a barrel on strong demand