MARKET: Sensex slips 194 pts as financials fall; Nifty Bank tanks 813 pts

All that happened in the markets today

12:28 PM

Asian Paints gains 3% in an otherwise weak market post June quarter results

The management said that after a complete washout in April’20 due to extended lockdown, the company’s decorative business segment witnessed improving business conditions over the next two months. Thus, while the April-June quarter (Q1FY21) ended in a negative territory, the business registered a healthy double-digit volume growth in the month of June’20 to end the quarter on a promising note. READ MORE

12:16 PM

Mindspace REIT: Stable dividend yields make it a good long-term bet

Mindspace Business Parks Real Estate Investment Trust (REIT) is a play on higher yields from a steady rent-generating portfolio. The REIT, promoted by K Raheja Corp Group (KRC Group), has a completed commercial portfolio of 23 million square feet across key office markets of Hyderabad, Mumbai, Pune, and Chennai. The company generated net operating income (NOI) of Rs 1,225 crore for FY20. READ MORE

12:10 PM

India Cements PBT drops by 75% to Rs 26.06 in Q1

India Cements' profit before tax (PBT) dropped by 75.26 per cent to Rs 26.06 crore in the quarter ended June 30, compared to Rs 105.35 crore in the same period last year. The company’s total income dropped to Rs 760.32 crore from Rs 1,472 crore. The spread of the coronavirus disease and lockdowns to contain it had hurt businesses in India and abroad, said the company on Monday. READ MORE

12:02 PM

BUZZING STOCK:: Aarti Drugs leaps 14% post June quarter results announcement

11:54 AM

NEWS ALERT | Alembic Pharma board approves raising up to Rs 1,000 cr via QIP: Exchange filing

11:53 AM

Nifty IT index trades nearly 2% higher in an otherwise weak market

11:39 AM

NEWS ALERT:: Need to move to installing sufficient domestic capacity in solar panels, says RBI Guv

Steep fall in generation cost has led to growth in renewables

11:37 AM

NEWS ALERT:: North-South, East-West Expressways and fast trains can stimulate growth, says RBI Guv

11:34 AM

NEWS ALERT:: Clear need of diversifying financing options for infrastructure, says RBI Guv

11:32 AM

NEWS ALERT:: Regulatory uncertainty on work permits may affect India's infotech sector, says RBI Guv

11:30 AM

NEWS ALERT:: Covid has hurt start-ups in terms of availability of funds, says RBI Guv

11:29 AM

NEWS ALERT:: India has emerged as leading producer of many crops, milk, says RBI Guv

11:25 AM

NEWS ALERT:: Need to take medium-term perspective on the economy, says RBI Guv

11:24 AM

NEWS ALERT:: Must fight on relentlessly against the invisible enemy (Covid-19), says RBI Guv

11:21 AM

NEWS ALERT:: India has become power-surplus country, says RBI Guv