Sensex snaps 2-day gaining streak, slips 110 pts; Ruchi Soya leaps 10%

CLOSING BELL: Sectorally, the Nifty Realty and PSU Bank indices were the worst hit as they slipped 1.75 per cent and 1.6 per cent on the NSE

1:07 PM

SENSEX HEATMAP: 14 out of 30 index constituents in green

1:03 PM

MARKET CHECK: Pharma stocks in demand; Realty stocks bleed

12:58 PM

MARKET CHECK: Sensex wipes off gains, slip in negative territory

12:53 PM

UK inflation hits 40-year high of 9%

12:46 PM

Axis Bank hikes MCLR by 35 bps across tenors with effect from May 18

Private sector lender Axis Bank has hiked its marginal cost of funds-based lending rate (MCLR) by 35 basis points across tenors, with effect from May 18. READ HERE

12:35 PM

Watch BS special: Will govt’s divestment enter slow lane after LIC’s weak debut?

LIC started its journey at secondary markets on a weak note. While analysts are unperturbed with the stock performance, take a dive into what LIC’s weak debut means for this year’s divestment target.  WATCH

Photo: Bloomberg

12:24 PM

Will ATF price hike, Jet Airways' return hurt IndiGo, Spicejet's stocks?

Jet Airways has crossed the 200-weekly moving average (WMA) for the first time since mid-2018, a period of almost 4 years, which indicates an underneath positive bias. Read more

 

12:15 PM

ITC nears 52-week high ahead of Q4 results

12:11 PM

Realty stocks lose ground; Prestige, Sobha shed over 2%

12:03 PM

MARKET CHECK: Nifty 50 solid above 16,350 levels

11:57 AM

Pharma stocks in pink of health; Biocon, Granules gain over 3%

11:49 AM

Paradeep Phospates IPO subscribed 38% so far on day 2; Ethos 16% on day 1

 

11:48 AM

Hotel stocks upbeat in a firm market

11:38 AM

RIL to submit bid for British medical retail chain Boots by month-end

In final bids for Boots, billionaires, and owner of UK's retail ASDA Group, Issa Brothers, are in the race with TDR Capital, a British private equity firm, and will be the front-runners. READ HERE

11:28 AM

MRPL hits highest level since Oct 2018, rallies 34% in four trading days

Shares of Mangalore Refinery & Petrochemicals (MRPL) hit an over three-year high of Rs 89.25, after they rallied 10 per cent on the BSE in Wednesday’s trade. Read here