MARKET WRAP: Sensex slips 334 pts, Nifty holds 11,900; YES Bank tumbles 11%

All that happened in the markets today

1:50 PM

Fixed deposit holders of debt-laden DHFL asked to submit claims by Dec 17

Fixed deposit holders of debt-troubled Dewan Housing Finance Corporation (DHFL) have been asked to submit their FD claims to the insolvency professional by December 17.

 

The holders need to submit their FD certificate or receipt number, identity proof, and a cancelled cheque to substantiate proof of claim.

 

As of July 6, the company had public deposits worth Rs 6,188 crore. The Bombay High Court had on November 13 directed DHFL to make payments to banks and NBFCs.

1:34 PM

Market check

1:31 PM

NEWS ALERT | JB Chemicals & Pharma to buy-back 29.54 lakh shares: BSE filing

1:19 PM

Eris Lifesciences zooms 14%

1:11 PM

NEWS ALERT | Maruti to recall 63,493 petrol hybrid variants of Ciaz, Ertiga and XL-6 Models: Exchange filing

-- To recall units to rectify faults that may be potential safety defacts

1:01 PM

NEWS ALERT | Dr Reddy's Labs launches Deferasirox Film-Coated Tablets in the US Market: BSE filing

12:53 PM

PSU banks trade weak; SBI, Bank of Baroda down over 3%

Shares of public sector banks were trading lower for the second straight day, with Nifty PSU Bank index down 3 per cent on Friday, as investors booked profit on fears of weak economic growth. The index was ended 2 per cent lower on Thursday.
 

In comparison, the benchmark Nifty 50 index was down 0.43 per cent at 11,967 at 11:45 am, falling less than 1 per cent in the past two trading days. READ MORE

12:43 PM

NEWS ALERT | GST officers committee on revenue augmentation to meet on Dec 10 in New Delhi: CNBC TV18

12:43 PM

Allcargo Logistics climbs 4% after it buys nearly 45% stake in Gati

Shares of Allcargo Logistics climbed up to 4 per cent to Rs 98 on the BSE in the intra-day trade on Friday, a day after the company acquired 44.64 per cent stake in Gati. At 12:29 am, the stock was trading over 2 per cent higher at Rs 96.15 apiece on the BSE. Gati, on the other hand, slipped around 3 per cent to Rs 64. In comparison, the S&P BSE Sensex was trading 0.23 per cent lower at 40,685 levels. READ MORE

12:32 PM

Vodafone Idea will shut shop if govt doesn't provide relief: KM Birla

Vodafone Idea will have to be closed down if the government doesn't provide relief that the company has sought, its chairman Kumar Mangalam Birla said on Friday.

 

"We will have to shut shop," Birla said on a query about the course of action for the company going ahead in the absence of government relief. READ MORE
 

12:32 PM

PSU banks trade weak; SBI, Bank of Baroda down over 3%

Shares of public sector banks were trading lower for the second straight day, with Nifty PSU Bank index down 3 per cent on Friday, as investors booked profit on fears of weak economic growth. The index was ended 2 per cent lower on Thursday. In comparison, the benchmark Nifty 50 index was down 0.43 per cent at 11,967 at 11:45 am, falling less than 1 per cent in the past two trading days. READ MORE

12:22 PM

NEWS ALERT | China to exempt some US soya bean, pork from tariffs: PTI

12:09 PM

NEWS ALERT | Cadila Health's API manufacturing unit in Gujarat receives EIR: BSE filing

-- API manufacturing facility located at Dabhasa, Gujarat receives an Establishment Inspection Report

-- The US FDA had conducted an inspection at the facility from Oct 7-11.

-- The EIR report stated that classification of the facility is No Action Indicated

12:08 PM

Mid, small-caps underperform benchmarks, Omaxe hits 20% lower circuit

Mid- and small-cap indices were trading with deep losses in the morning deals on Friday. The S&P BSE MidCap slipped nearly a per cent or 122 points to 14,733 levels while the S&P BSE SmallCap index slid 80 points or 0.59 per cent to trade at 13,375 levels. In comparison, the benchmark S&P BSE Sensex was trading around 175 points or 0.43 per cent lower at 40,605 levels. READ MORE

11:59 AM

Eris Lifesciences surges 7%, hits 5-month high in a weak market

Shares of Eris Lifesciences hit a five-month high of Rs 473, up 7 per cent on the BSE on Friday, in an otherwise range-bound market. The stock of the pharmaceutical company was trading at its highest level since July 2019. In comparison, the S&P BSE Sensex was down 0.20 per cent at 40,699 points at 11:17 am. READ MORE