MARKET WRAP: Sensex gains 93 pts, Nifty ends at 11,472; ONGC surges 3%

All that happened in markets today.

10:24 AM

If GDP growth is down, GST mop-up will be hit: Ajay Bhushan Pandey

Amid expectations that personal income-tax (I-T) rates would be cut soon, revenue secretary Ajay Bhushan Pandey tells Dilasha Seth and Indivjal Dhasmana that these decisions are usually taken at the time of the Budget. READ FULL INTERVIEW HERE

10:09 AM

Nifty Auto index slips in trade

9:58 AM

Specialty drugs essential for re-rating of Sun Pharma stock, say analysts

Sun Pharma continues to expand its specialty product pipeline in the US to drive growth, even as the generics business continues to feel pricing pressure. The firm on Tuesday launched its ophthalmic specialty product Cequa, used for treating dry eyes. READ MORE

9:42 AM

SBI Life hits 52-week high post Q2 result

9:36 AM

Bajaj Consumer Care rallies 19%

-- The Shishir-Kushagra Bajaj family, the promoters of Bajaj Consumer Care, on Tuesday sold their 22 per cent stake in the company for Rs 700 crore to pay off debt and remove the pledge on stake from the banks

9:34 AM

Bajaj Finance rises 3%

9:30 AM

Rupee opens 5 paise lower at 71.59 against US dollar

The rupee on Wednesday opened 5 paise lower at 71.59 against the US dollar. The domestic currency on Tuesday dived 31 paise to end at a nearly one-month low of 71.54 against the US currency due to heavy dollar buying amid fresh concerns over the progress of China-US trade talks. It was the lowest closing level since September 17 when the rupee had closed at 71.78 to the dollar. READ MORE 

 

9:27 AM

BUZZING STOCK | MCX zooms over 7% after strong Q2 nos

9:26 AM

Wipro surges over 1.50% on better-than-expected Q2 results

9:24 AM

BUZZING STOCK | BPCL jumps over 4% as Saudi Aramco likely to bid for govt stake

9:23 AM

Sectoral gainers and losers on the NSE

9:22 AM

MARKET CHECK | Top gainers and losers on the S&P BSE Sensex

9:20 AM

OPENING DEALS

At 09:19 am, the S&P BSE Sensex was ruling at 38,609.98, up 104 points or 0.27 per cent while NSE's Nifty50 index was trading at 11,462.15 levels, up 34 points or 0.30 per cent. 

9:14 AM

IMF slashes India's FY20 GDP growth forecast to 6.1%, global to 3%

The report — released ahead of a three-day annual meeting of the IMF and the World Bank group, which will be held from October 18 in Washington DC — saw the lagged effect of corporation tax rate cut on economic growth, and advised India to go for further reforms including those related to hire and fire, tricky land issues and reduced role of public sector banks in the financial markets. READ FULL REPORT HERE

9:04 AM

Top gainers and losers on S&P BSE Sensex during Pre-open