Sensex ends 261 pts up at record closing peak of 48,438; IT stocks outrun

Axis Bank ended the session as top Sensex gainers, up 6 per cent at close, followed by gains in HDFC (2.7 per cent), IndusInd Bank (2.7 per cent), and TCS (1.7 per cent)

9:40 AM

ALERT :: India VIX advances over 3%

>> Index trades at 20.68 pevels

Alert: India VIX meausres the volatility in the markets

9:31 AM

Bajaj Finance down 0.5% post Q3 biz update

>> The company's AUM rose 4.66% quarter-on-quarter to Rs 1.43 lakh crore in October-December quarter, however, it contracted 1% year-on-year.

9:28 AM

KNR Constructions rallies 4% on new order

>> The company has received orders worth of Rs 603.63 crore from Project Director, Highways (FAC), Chennai Kanyakumari Industrial Corridor Project. The company will also be responsible for the maintenance of the entire project stretch design length of 109.273 km for 7 years on Engineering, Procurement and Construction (EPC) Mode.

9:27 AM

BUZZING :: RBL Bank erases morning losses, trades 0.8% up now

9:26 AM

IDBI Bank off lows, down 0.6%

>> The government and Life Insurance Corporation (LIC) of India should allow IDBI Bank to come out of the prompt corrective action (PCA) framework before they go ahead with the stake sale in the lender, the Reserve Bank of India (RBI) has suggested. 

9:25 AM

Sun Pharma trades in the green in a weak market

>>  Sun Pharma said it has initiated Phase 2 clinical trial for a product being developed to treat patients with moderate to severe plaque psoriasis.

9:25 AM

MARKET VIEW | V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

Frenzied buying by FIIs is supporting the market even at high levels of valuations. An unhealthy trend in recent days is the rally in low-grade stocks. Many new retail investors are recklessly buying these "cats & dogs" without any consideration for fundamentals. This is a risky game fraught with the potential for huge losses. There is safety in quality large-caps in IT, pharma, private sector banking, consumer goods and select autos. Quality stocks will bounce back even if there is a sharp correction. But low-grade stocks will turn illiquid resulting in huge losses. Retail investors should exercise caution

9:24 AM

DHFL locked at 5% lower circuit

>> All the three bidders of DHFL -- Oaktree, Piramal and the Adani group -- have valued the housing finance company´s shares at zero, thus giving no upside to its shareholders when it is offered to the highest bidder by January 14. As on Monday, DHFL had a market valuation of Rs 941 crore as its stock was traded at ₹ 30 a share.

9:23 AM

HDFC hits fresh 52-week high post healthy Q3 biz update

>> Mortgage firm HDFC said its disbursements in the individual loan category have grown by 26 per cent during the third quarter ended December 2020. The individual loan business continued to see improvements during the December quarter, it said in a regulatory filing.

9:21 AM

TCS extends gains, up over 2% now

9:20 AM

Sectoral trends on NSE :: Nifty IT outperforms in a weak market

9:19 AM

Sensex Heatmap :: TCS, HDFC support index

9:18 AM

Opening Bell

9:17 AM

Opening Bell

9:12 AM

Q3 shareholding pattern :: Filatex India

>> Promoter raises stake to 65.23% from 60.47% in Q3.

>> Julius Baer’s name appears in December shareholding with 1.38% stake