Indices turn negative for 2021 as Sensex tanks 938 pts, Nifty gives up 14k
All that happened in the markets today
1:48 PM
NEWS ALERT :: Dr Reddy's Labs terminates Avigan Trial Study conducted on Covid-19 patients
1:38 PM
MARKET CHECK :: Sensex hits day's low
1:28 PM
Home sales at pre-Covid level; overall sentiment optimistic: Knight Frank
Sales of residential units across eight major Indian metros – Kolkata, Chennai, Pune, National Capital Region (NCR), Mumbai, Bengaluru, Hyderabad and Ahmadabad – reached pre-Covid levels at 61,593 units in the December 2020 quarter (Q4’CY20) and the sentiment is likely to improve further, according to Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index for the October – December 2020 period. On average, these cities recorded total sales of 61,467 units in 2019, data show. READ MORE
1:13 PM
Dec Quarter Result :: Emami posts profit of Rs 208 crore
>> Revenue comes in at Rs 933.6 crore
1:04 PM
MARKET VIEW | Gaurav Garg, Head Research, CapitalVia Global Research
The market opened on a flat to weaker note at 14237.95 and made a low of 14070.70. Markets are trading negatively because of the increase in coronavirus concerns around the globe, also delay in the vaccine shipments are surmounting to the already increased concerns. US markets also ended on a negative note over the uncertainty on the additional stimulus that were expected of the new president and the concerns over quarterly earnings of the companies that are far below expectations.
12:59 PM
TVS Motor hits fresh 52-week high ahead of Q3 results on Thursday
Shares of TVS Motor Company hit a fresh 52-week high of Rs 555, up 2 per cent, on the BSE on Wednesday ahead of its December quarter results (Q3FY21) on Thursday. The stock bounced back 4 per cent from its intra-day low of Rs 536. The stock saw huge activities with trading volumes jumping over four-fold today. A combined around 7.4 million equity shares changing hands on the NSE and BSE till 12:10 pm. READ MORE
12:44 PM
Tata Elxsi, Syntiant to provide low-power edge AI device development for voice applications
Tata Elxsi and Syntiant Corp., on Wednesday announced a collaboration to help manufacturers design and develop low-power always-on voice applications across multiple product categories, such as smart home devices and consumer electronics, as well as industrial and automotive use cases. (Text Source: PTI)
12:34 PM
Strategies for auto stocks as Centre proposes 'green tax' on old vehicles
After an outperformance over the past one month, auto stocks came under pressure during Wednesday's trading session as profit-booking gripped the market ahead of the presentation of the Union Budget of 2021. So far in the month of January, the Nifty Auto index has gained over 13 per cent till Monday, January 25 as against a 2 per cent gain in the Nifty50 index. READ MORE
12:23 PM
Reliance Industries extends fall post Q3 nos; stock dips 10% in three days
Shares of Reliance Industries (RIL) were quoting lower for the third straight trading day, having lost over Rs 1-trillion market capitalisation (market-cap) following the announcement of October-December quarter (Q3FY21) results on January 22. The stock shed 2.4 per cent to Rs 1,893 on the BSE in the intra-day trade on Wednesday, down 10 per cent in the past three trading days. The combined market-cap of RIL's fully paid shares and partly paid shares declined by nearly Rs 1.4 trillion in the three days. READ MORE
12:10 PM
Gayatri Projects bags orders worth Rs 1,748 crore
Gayatri Projects has received four Letter of Awards (LoAs) for Pipe Drinking Water Schemes from Namami Gange and Rural Water Supply Department in the State of Uttar Pradesh, in joint venture where the Company's share is 97.5% for a total value of Rs 1,748,00 crore. READ MORE
12:04 PM
Sector Watch :: Nifty FMCG, Media, PSU Bank indices trade higher in a weak market
11:57 AM
Sensex down 500 points; these are the gainers & losers
11:53 AM
MARKET CHECK :: Nifty falls below 14,100
11:52 AM
NEWS ALERT
>> Cabinet briefing likely at 2 PM today
11:42 AM
Sensex at day's low, down over 400 points
Topics : Markets Axis Bank Hindustan Unilever Bank of Baroda Q3 results BSE NSE SGX Nifty Markets Sensex Nifty S&P BSE Sensex Nifty50 MARKET WRAP
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First Published: Jan 27 2021 | 8:16 AM IST