Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers

CLOSING BELL: L&T, PowerGrid, NTPC, ICICI Bank, DR Reddy's Labs, Axis Bank, Bharti Airtel, and Nestle India were the top large-cap gainers

9:21 AM

Opening bell: 22 out of 30 Sensex stocks sizzle in green

9:20 AM

Opening bell: Over 250 points upmove for Sensex

9:19 AM

Opening bell: Nifty50 opens above 16,200 levels

9:10 AM

Pre-open session: Only 5 Sensex stocks move in negative lane

9:09 AM

Pre-open session: Sensex jumps nearly 400 points

9:08 AM

Pre-open session: Nifty50 advances above 16,200 levels

9:04 AM

CURRENCY ALERT: Rupee opens 2 paise weak at 79.20/$

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8:59 AM

Top stocks on radar today: TCS, M&M, Vedanta, Tata Power, Dr Reddy's, Tata Motors

M&M: UK’s development finance institution British International Investment (BII) will invest Rs 1,925 crore into a new dedicated, four-wheeler electric passenger vehicle arm which Mahindra and Mahindra (M&M) will incorporate, the company said in a late night notification. M&M and BII will invest $250 million each into the new entity called EV Co. at a valuation of Rs 70,070 crore ($9 billion).

 

Dr Reddy's Laboratories: The US health regulator has issued Form 483 with two observations after inspecting its manufacturing facility located at Srikakulam in Andhra Pradesh.Read here

8:57 AM

Nandish Shah recommends Bull Spread strategy for M&M Financial Services

The stock price of M&M Financial Services has broken out on the daily chart from the downward sloping trendline. Read here

8:55 AM

Buying IRCTC, Max Financial on dips may be a good idea; here's why

While the stock of max Financial Services has confirmed a major range breakout above 850-mark, the stock of IRCTC is in oversold zone, says Mehul Kothari of Anand Rathi. Read here

8:52 AM

WATCH: TCS Q1 results to set stage for IT earnings

Tata Consultancy Services is set to announce its June quarter earnings today. Find out what analysts expect from TCS results, and what could be the road ahead for the company. Watch

8:48 AM

IndiGo hikes pilot salaries by a further 8%, restores overtime allowance

The airline has made changes to its HR policies to reinstate the work pattern of crew under which they will earn more, but there will be fewer leaves. Read here

8:45 AM

DIIs firm: Buy shares worth Rs 981 crores Thursday

8:42 AM

FPIs sell Rs 925 crores of shares Thursday

8:39 AM

Aggressive expansion, higher demand to drive more gains for Titan

Firm's high-margin jewellery Q1 sales were comparable to pre-Covid-19 levels. Read here