Indices end near day's high, Sensex up 558 pts; UltraTech Cement jumps 7%

All that happened in the markets today

10:24 AM

Gold at new lifetime high globally after 11 years, surge in silver unabated

According to US-based analyst Nigam Arora, the author of The Arora Report, “Gold has entered a bullish phase, which can last several years. We also think that there is better than 50 per cent probability of gold approaching $3,000 in this cycle.” Earlier, Christopher Wood had said in his Greed and Fear report that gold could climb up to $4,000 in the current bull cycle. READ MORE

10:17 AM

Auto industry may suffer a production loss of more than Rs 1 trillion: SIAM

The automobile industry may suffer a combined production loss of more than Rs 1 trillion due to coronavirus, says the Society of Indian Automobile Manufacturers (SIAM). While many automakers are importing ventilators and testing kits to augment the efficiency of the healthcare sector, some are turning their facilities into temporary hospitals in a bid to help the government to fight Covid-19. READ MORE

10:10 AM

Tech Mahindra surges 6% as June quarter earnings beat Street estimates

Shares of Tech Mahindra gained as much as 6 per cent to Rs 702 on the BSE on Tuesday after the company's April-June quarter (Q1FY21) earnings beat Street estimate. The IT services firm's revenues declined 6.7 per cent quarter on quarter (QoQ) to US $ 1,207.5 million. However, they were above the estimates by analysts and brokerages who had estimated a decline of 8.3 per cent sequentially. READ MORE

10:02 AM

Rupee Opening

Rupee opens lower at 74.86 per US dollar vs Monday's close of 74.83/$

9:56 AM

IndusInd Bank surges 3% ahead of Q1 results; here's what analysts expect

Shares of private lender IndusInd Bank were trading 3 per cent higher at Rs 522 on the BSE on Tuesday ahead of its April-June quarter result for the financial year 2020-21 (Q!FY21). A combined 2.68 million shares had changed hands on the counter on the NSE and BSE till 9:37 am, when the stock was quoting at Rs 519 apiece, up 2.4 per cent on the BSE. In comparison, the benchmark S&P BSE Sensex was at 38,222.29 level, up 287.56 points or 0.76 per cent. READ MORE

9:53 AM

Manappuram Finance up over 2% as board approves plan to raise fund via debt issue

9:49 AM

Most active stocks by volume

COMPANY	PRICE(rs)	CHG(%)
VODAFONE IDEA	7.97	-1.24
M & M FIN. SERV.	133.95	3.96
VEDANTA	111.30	1.14
SOUTH IND.BANK	6.86	-1.58
POWER GRID CORPN	180.00	-0.55

9:46 AM

BUZZING STOCK:: Mphasis climbs 4%

9:43 AM

Nifty Auto index advances, led by Tata Motors, up 3%

9:31 AM

MARKET CHECK :: Nifty hits intra-day high of 11,213

9:27 AM

Result Impact | United Spirits declines over 2%

9:26 AM

ITC slips marginally

9:25 AM

Result Impact | Tech Mahindra jumps 5% post Q1 nos

9:24 AM

Result Impact | Escorts trades 2% higher post positive management commentary

9:23 AM

InterGlobe Aviation up over 1%