Sensex snaps 4-day losing run, rises 428 pts; Nifty holds 16,450; RIL up 3%

CLOSING BELL: Dr Reddy's Labs, Reliance Industries, Bharti Airtel, Sun Pharma, Tech M, and Infosys were the top large-cap gainers

3:34 PM

Closing Bell: Nifty ends holding 16,450-mark; 38 stocks close higher

 

3:33 PM

Closing Bell: Markets snap-4 day losing run, Sensex gains 428 points

 

3:30 PM

CIL issues import tender for 2.4MT of coal, identifies 26 beneficiaries

Last month, the Ministry of Power directed Coal India to import coal for state and private gencos. Read here

3:28 PM

ALERT :: Benchmarks zoom to day's high as VIX cools off 4%

3:24 PM

EXCLUSIVE :: Q&A with State Bank of India Chairman Dinesh Kumar Khara

3:20 PM

Take Two :: Business Standard's Tamal Bandyopadhyay dissects RBI's rate decision

3:14 PM

Top BSE gainers at this hour

3:05 PM

CAD will be sustainable, can be financed by normal capital inflows: RBI Guv

The CAD was $9.9 billion (1.3 per cent of GDP) in the second quarter ended September 2021(Q2FY22) and $2.2 billion (0.3 per cent of GDP) a year ago (Q3FY21).

 

With global crude oil prices surging above $100/bbl – first time after 2014 – there are concerns that the CAD could widen beyond sustainable levels. READ MORE

2:58 PM

RBI policy effect: Loans to get more expensive as banks hike lending rates

ICICI Bank, Bank of Baroda, RBL Bank, and Federal Bank have factored in the increase in repo rate by RBI yesterday and hiked their benchmark rate linked loan rates. READ HERE

2:49 PM

MARKET CHECK: Sensex extends gain to 300 points

2:45 PM

PSUs in strategic sectors must scale up, boost efficiency: Sitharaman

Sitharaman said PSUs must derive maximum benefit from newer tech to scale up efficiencies in the next 25 yrs to go global and set a fresh benchmark for PSEs anywhere in the world. READ HERE

2:41 PM

European markets down ahead of ECB's rate decision

2:36 PM

Welspun ropes Tata Steel to develop 'framework' for hydrogen transportation

Welspun Corp Ltd (WCL) has partnered with Tata Steel to develop the "framework for and subsequently manufacturing" pipes for transportation of pure hydrogen and natural gas-blended hydrogen. READ HERE

2:30 PM

Metal stocks bleed; Tata Steel, Vedanta shed over 3%

2:23 PM

Apollo, Reliance Industries consortium said to make binding bid for Boots

The bid for the Boots business is fully backed by committed financing, the people said, asking not to be identified because the information is private. READ HERE