Sensex falls 710 pts, Nifty holds 15,400; Metal index drops 5%, RIL 3%

CLOSING BELL: In the broader markets, the Nifty MidCap100 and SmallCap100 indices fell up to 1.6 per cent.

3:26 PM

Oil slumps $6 a barrel as Biden pushes for U.S. fuel cost cuts

Seven oil companies are set to meet Biden on Thursday, under pressure from the White House to drive down fuel prices as they make record profits. Read here

3:16 PM

This Rakesh Jhunjhunwala-owned stock hits new low; tanks 34% from IPO price

Star Health hit a record low of Rs 595, slipping 2.5 per cent on the BSE, its lowest level since its stock market debut. Read here

3:01 PM

India needs $223 bn to meet 2030 renewable capacity goals: Report

India will need $223 billion of investment to meet its goal of wind and solar capacity installations by 2030, according to a new report. READ HERE

2:48 PM

European markets trade on a negative note

2:41 PM

CBI books DHFL, former CMD and director in Rs 34,615-crore bank fraud case

The CBI has registered a fresh case against Kapil Wadhawan and Dheeraj Wadhawan of DHFL for allegedly cheating a consortium of 17 banks led by the Union Bank of India to the tune of Rs 34,615 crore. READ HERE

2:28 PM

BPCL halves crude runs at Mumbai refinery; plans repairs at other plants

BPCL has shut half of its crude processing capacity at its 240,000 barrels per day (bpd) Mumbai refinery in western India since June 10. READ HERE

2:13 PM

BSE 500:: Stocks recovering smartly from the lows of the day

ITI has rallied over 12 per cent from its day's low so far. Similarly, Sequent Scientific, Praj Industries, RBL Bank and Bank of India were some of the other significant movers from the lows of the day.

2:05 PM

BSE 500:: Volume Shockers

Mahindra Logistics has witnessed unusually high volume of around 2.02 lakh shares so far on the BSE as against its five-day average traded volume of around 4,000-odd shares. Similarly, JSW Energy, Siemens, Hindustan Unilever and JM Financial have witnessed a sharp spike in volume in trades on Wednesday.

1:57 PM

Elecon Engineering hits over 14-year high; stock zooms 83% in 3 months

An order inflow guidance of around Rs 1,000 crore for FY2023 provides revenue visibility over the near term, analysts said. READ MORE

1:51 PM

Global Check:: US futures down up to 2%

US futures down up to 2 per cent, indicating a gap-down start for Dow Jones, S&P 500 and Nasdaq later tonight.

Source: Investing.com

 

1:44 PM

No purchase of coal from Russia after April 20 announcement: Tata Steel

Tata Steel has not made any purchase of PCI coal from Russia post its April announcement of severing business ties with Russia amid the ongoing conflict with Ukraine, a company spokesperson clarified. READ MORE

1:38 PM

Asian Markets Update:: Major indices end day near day's low

Source: Yahoo Finance

1:31 PM

Sensex 30 Heatmap:: HUL the loser gainer, Tata Steel cracks 4%

1:24 PM

S&P BSE Sensex near day's low, down nearly 700 points

1:19 PM

BSE 500:: Top losers so far

EID Parry has slumped 9.5 per cent and was the top loser so far among the BSE 500 stocks. Hindustan Copper, Sun Tv Network, GHCL and Jindal Steel were few of the other major losers.