F&O expiry: Sensex ends choppy trade on flat note, gains 6% in Aug series

Sectorally, the metals pack bled the most, down 1.3 per cent, followed by the PSB Index (down 0.8 per cent)

3:52 PM

TECH VIEW :: Rohit Singre, Senior Technical Analyst at LKP Securities

Index closed flat for the second consecutive day at 16637 and formed a Doji sort of candle pattern for the second consecutive session.  The index has formed a strong hurdle zone around 16700 until index wont cross above said level we may see capping to northward move and we may also see a profit booking towards the 16500 zone which strong base on the downside where traders can initiate fresh long keeping stop out level below 16400 zone on a closing basis, if manage to break above 16700 we may see a quick move towards 17k mark.

3:51 PM

CLOSING COMMENTS :: Vinod Nair, Head Of Research at Geojit Financial Services

Amid weak global cues, the domestic market traded cautiously with a positive bias. Renewed tension between China and US along with the fear of rise in the Delta variant capped the gains in the Asian market. Investors globally are awaiting the Fed Reserve’s Jackson Hole Economic Symposium on Friday to gain insights on asset tapering plans and economic outlook.

3:51 PM

CarTrade Tech tumbles to lowest level since listing

>> With the past three days' 8.7 per cent fall, the market price of CarTrade Tech has declined 11 per cent from its issue price of Rs 1,618 per share.

3:49 PM

Bharti Airtel declines 4% ahead of board meet on Aug 29

3:47 PM

Avenue Supermarts hits new high in trade, m-cap crosses Rs 2.5 trillion

3:46 PM

Mangalam Cement slips 5%, ends near day's low

>> We would like to inform you that shutdown of Kiln-II of Morak (Rajasthan) plant of the Company is being taken for approximately 40 days (feed off to feed on) from today i.e. 25th August, 2021 for the purpose of change of cooler in above said Kiln-II, the company said in a filing

3:44 PM

BSE Mid & smallcap indices beat benchmark Sensex

>> Both indices gained for third day in a row

3:41 PM

NIFTY FMCG :: Best sectoral gainer in today's session

>> ITC & Jubilant only losers in the FMCG index

3:40 PM

NIFTY METAL :: Only 1 stock ends higher in the 15 pack index

3:39 PM

SECTOR WATCH :: Nifty Metal, Media & PSU Bank indices top losers

>> FMCG index best sectoral performer today

3:37 PM

Sensex Heatmap | Top gainers & losers at close

>> TOP GAINERS: RIL, M&M, HCL Tech

>> TOP LOSERS: Airtel, Maruti, SBI

3:35 PM

CLOSING BELL :: Sensex flat, up 5 points; Nifty ends at 16,637 on F&O expiry

The BSE barometer Sensex ended the choopy session flat, up 5 points or 0.01% at 55,949. Meanwhile, NSE Nifty closed the day at 16,637, up 2 or 0.01%.  

 

3:22 PM

Global oil majors may be joining race to acquire BPCL

Billionaire Anil Agarwal's Vedanta group as well as two US funds -- Apollo Global and I Squared Capital - had last year submitted initial bids to buyout the government's entire 52.98 per cent stake in India's third-biggest oil refiner and second-largest fuel retailer. READ MORE

3:08 PM

SpiceJet expects to restart Boeing MAX service by September-end

India's SpiceJet Ltd said on Thursday it expects Boeing Co's grounded 737 MAX jets in its fleet to return to service at the end of September following a settlement struck with lessor Avolon on leases of the aircraft. Around 175 countries have allowed the 737 MAX to return to service following a nearly two-year safety ban, with 30 airlines already restarting their MAX aircraft services. READ MORE

3:00 PM

South Korea's rate hike suggests it's not too worried about Delta variant

The Bank of Korea has become the first advanced Asian economy to raise interest rates after the pandemic. This isn’t a one-and-done. When central banks start cutting or raising borrowing costs, they rarely pause after one move, because a single step gets little macroeconomic traction. Policy makers also face a public-relations debacle if they abandon new strategies quickly. So Governor Lee Ju-yeol would have thought long and hard before this decision. The question is whether the pandemic behaves. READ MORE