MARKET WRAP: Sensex zooms 237 pts, Nifty holds 12,100; metals gain

All that happened in the markets today

11:01 AM

Banks to get 5-year CRR relief for lending to auto, housing, MSMEs

In the monetary policy, however, the RBI said it would allow relaxations on this for loans given to the three productive sectors as they could have “multiplier effects to support growth impulses”.

 

Therefore, banks were told that they could carve out an amount equivalent to what they lent to these three sectors in the six months from their total deposit base, and go for five years without maintaining the CRR on that amount. READ MORE

10:51 AM

MARKET CHECK:: Sensex holds gains

10:48 AM

Tata Motors gains 3%

10:40 AM

NEWS ALERT | JB Chem receives EIR from US FDA: BSE filing

>> Co received EIR for s newly set up and commissioned solid oral dosage forms formulations manufacturing facility at Panoli, Gujarat. 

>> The US FDA issues an EIR to the Company when an inspection is satisfactorily "closed"

Alert: The said inspection was carried out from 24th June to 28th June 2019

          EIR is Establishment Inspection Report

10:36 AM

Delhi Assembly Election Result update

10:31 AM

Coronavirus scare :: India orders checking of Chinese agri, livestock imports

India has ordered that agriculture and livestock shipments from China be checked for the deadly coronavirus that has led to more than 900 deaths and upwards of 40,000 cases in mainland China. "Commodity imports from China should be thoroughly checked, and samples should be tested in laboratories before according import clearance," stated a notification by the Directorate of Plant Protection, Quarantine, and Storage which was sent to importers, exporters and plant quarantine offices nationwide on February 5. READ MORE

10:23 AM

Bajaj Consumer slides 9% on disappointing December quarter results

Shares of Bajaj Consumer Care tumbled 9 per cent to Rs 201 on the BSE on Tuesday after the company's standalone net profit in December 2019 quarter declined 16.66 per cent on year-on-year (YoY) basis to Rs 50.08 crore, due to lower operational revenue. It had posted a net profit of Rs 60.09 crore in the October-December quarter a year ago. READ MORE

10:17 AM

Metal stocks recoup losses of previous sessions; index up over 1%

10:09 AM

Sheela Foam hits 52-week high, up 12% as Q3 profit before tax jumps 52% YoY

The stock surpassed its previous 52-week high of Rs 1,639 touched on February 7, 2020. Besides, it is 4.5 per cent away from its all-time high of Rs 1,850 touched on November 29, 2017. In the past one month, the stock has outperformed the market by zooming 31 per cent, as against a 0.48 per cent decline in the S&P BSE Sensex. READ MORE

10:00 AM

Sebi shortlists IBM, Infosys, Wipro, others for data analytics project

The move is part of Sebi's efforts to address and handle challenges arising out of technological advancements in the markets.

 

In November, the regulator had invited expression of interest (EoI) from "reputed and reliable solution providers for implementation of data analytics project and building of data models at Sebi". READ MORE

9:54 AM

RBL Bank gains 4%

9:52 AM

Delhi Assembly Election Result

9:48 AM

Metal stocks trade higher

9:43 AM

RESULT IMPACT:: Bajaj Consumer tumbles 7%

9:40 AM

Phoenix Mills gains post Q3 results