Monday, December 23, 2024 | 02:42 PM ISTEN Hindi

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

SI Reporter New Delhi

Market LIVE: Sensex sheds 600 pts, Nifty near 17,100; Asian Paints slips 3%

9:06 AM

Pre-open session: Nifty 50 advances above 17,300 levels

9:00 AM

RIL, Adani Group, Ruchi Soya, Maruti, other key stocks on radar Monday

Reliance Industries will be in focus as subsidary Reliance Retail Ventures has bought 89 per cent stake in Purple Panda Fashions for Rs 950 crore. Read full list here

Illustration: Binay Sinha

8:56 AM

Read why Mehul Kothari of Anand Rathi recommends buying Hindustan Unilever

Being defensive in nature, the stock has not done much in the last many months. On the technical front; it is oversold on larger degree charts. Read here

8:53 AM

Govt working to classify cryptocurrency under GST law, 'remove doubt'

The government is working on classification of cryptocurrency as goods or services under the GST law, so that tax can be levied on the entire value of transactions. Currently, 18 per cent Goods and Services Tax (GST) is levied only on service provided by crypto exchanges and is categorised as financial services. Read here

8:50 AM

GAIL on radar: stock's ex-dividend date today

The company has declared an interim dividend of Rs 5 a share.

Photo: Reuters

8:47 AM

LIC IPO: Too 'precious' to lower face value of India's crown jewel

The Centre’s decision to not reduce the face value of shares of India's Crown Jewel — Life Insurance Corporation (LIC) — was taken to make shareholders feel they are acquiring something 'precious'. The face value of LIC’s shares was retained at Rs 10, quoted in the draft prospectus, as it would also align the insurer’s shares with those of its private sector peers. Read more