Sensex falls 571 pts, Nifty ends below 17,150; metals shine, FMCG bleed

About 26 counters ended in the red on the Sensex led by PowerGrid, Ultratech Cement, Asian Paints, HUL, HCL Tech, SBI, IndusInd Bank, Nestle, Bharti Airtel, and Axis Bank

1:29 PM

Energy basket lose steam; Adani Transmission sheds over 3%

1:25 PM

Broader markets outperform; India Vix climbs nearly 8%

1:20 PM

Metal stocks shimmer; Vedanta spikes above 6%

1:16 PM

US, UK markets futures in red

Source: Investing.com

1:15 PM

Accenture Q2FY22 results and what it means for the Indian IT sector

Information technology (IT) companies advanced up to 2 per cent on the bourses on Monday as investors assessed the implications of Accenture's solid Q2FY22 results for the Indian IT sector. READ MORE HERE

 

1:09 PM

Banks under pressure; Bandhan Bank, SBI decline over 2%

1:01 PM

Asian Markets Update: Mixed trend seen so far

12:52 PM

Nifty Pharma may have bottomed out; Aurobindo, Glenmark can rally up to 10%

Shares of pharmaceuticals companies were seen in demand on Monday, with the likes of Aurobindo Pharma and Glenmark surging 5 per cent and 4 per cent, respectively. Other stocks like Strides Pharma Science, Laurus Labs and Granules India also gained over 3 per cent each. Most stocks in Nifty Pharma index were trading with the positive bias. READ MORE HERE

12:47 PM

Market check: Sensex at day's low, loses over 400 points

12:38 PM

Select pharma shares gain on tie-up for Pfizer Covid-19 oral treatment drug

Shares of select pharmaceutical companies rallied up to 8 per cent on the BSE in Monday’s intra-day trade after several companies signed voluntary license for Pfizer Inc's Covid-19 oral treatment– nirmatrelvir. Aurobindo rallied 8 per cent. READ MORE

12:36 PM

Future Group shares hit record lows; Future Retail tanks 16% in two days

Shares of Kishore Biyani- led Future Group companies continued to be under pressure on Monday. Most of the Future Group listed companies traded at their all-time lows after they informed exchanges that the Group has called for a meeting with their respective shareholders and creditors meetings on April 20 and 21 over approval of Rs 24,713-crore deal with Reliance Retail. READ MORE HERE

 

12:28 PM

Vedanta, Coal India top gainers among mining shares

Maithan Alloys, VBC Ferro Alloys and NMDC also log smart gains.

12:14 PM

Brent nears $110 a barrel on pressure from Ukraine conflict, tight market

Oil prices jumped $2 on Monday as Ukrainian forces dug in against heavy Russian attacks, while major oil producers reported they are struggling to produce their allotted quotas under a supply agreement. READ MORE

12:14 PM

Alembic Pharma gains 4% on US FDA nod for lacosamide tablets

 The company has received US FDA final approval for Lacosamide tablets in 50 mg, 100 mg, 150 mg, and 200 mg strenghts.

 

12:02 PM

BSE 500:: Top Losers so far

Ruchi Soya tumbled nearly 9 per cent and is the top loser among the BSE 500 stocks. Bharat Dynamics, Gail India, VIP Industries and Petronet LNG are the other prominent losers.