MARKET WRAP: Sensex ends 74 pts lower; PSBs, metals decline, Maruti up 4%

Domestic stocks defied gains in the Asian peers to slip 182 and 69 points at the Sensex and Nifty50, respectively in the intra-day trade.

9:17 AM

Market at Open

9:17 AM

Market at Open

9:14 AM

Momentum Picks by ICICI Securities

9:09 AM

MARKET ALERT | India 10-Year govt bond yield opens unchanged at 6.59% vs previous close

9:05 AM

CG Power slips 20% during Pre-open

--  Co takes note of unauthorized transactions done by employees

-- Understatement of liabilities expected

9:03 AM

Top gainers and losers on S&P BSE Sensex during Pre-open

9:02 AM

Market at Pre-open

9:02 AM

Market at Pre-open

9:01 AM

Rupee opening

Rupee opens lower at 71.51/$ vs Monday's close of 71.43 against the US dollar

9:01 AM

Linking loans to repo not the only way for faster transmission: Axis Bank

The third-largest private sector lender's executive director for corporate lending Rajiv Anand blamed liquidity issues prevented banks cutting the lending rates till June and that with better liquidity conditions since then, banks have been passing on the benefits of the RBI rate cuts. READ MORE

9:00 AM

NEWS ALERT | British Gas sells 98 lakh shares in Mahanagar Gas on NSE Block Window: CNBC TV18

8:58 AM

Manipal Health Enterprises plans expansion, may go for IPO in 2 years

Bengaluru-based hospital chain Manipal Health Enterprises may look at listing on the bourses in the next two years in order to give its investors TPG Capital and Temasek exits and raise funds for growth, said sources. The 6,000-bed hospital chain has not made any acquisitions since 2013. READ MORE

8:56 AM

Vodafone Idea, Bharti Airtel continue to lose users; Jio adds 8.26 million

As on end-June, the top five wired broadband service providers were Bharat Sanchar Nigam (9.05 million), Airtel (2.4 million), Atria Convergence Technologies (1.45 million), Hathway Cable & Datacom (0.84 million) and Mahanagar Telephone Nigam (0.74 million). This picture is expected to change with the official launch of Jio’s fibre-to-home service in September.  READ MORE

8:51 AM

Ravinder Takkar replaces Balesh Sharma as CEO of Vodafone Idea

Ravinder Takkar, currently Vodafone Group’s representative in India, will be appointed as his successor with immediate effect. Over the past one year, Vodafone Idea has continued to be plagued by rapidly falling stock prices, dropping from Rs 32 same time last year to Rs 5.99 on the BSE when markets closed on Monday. READ MORE

8:48 AM

Cash-strapped DHFL makes fresh default on Rs 1,571-crore bond repayments

The defaults pertain to three cases with regard to interest payment on non-convertible debentures and commercial papers (CPs), Dewan Housing Finance Corporation Ltd (DHFL) said in a regulatory filing.
 

In a break-up, the non-banking financial company (NBFC) said it has defaulted on Rs 46.92 crore towards interest amount on secured NCDs (9.92 per cent and 9.40 per cent/10 year tenor); on NCDs issued through a public issue for multiple tenors of amount involving interest of Rs 363.77 crore and principal amount of Rs 1,059.91 crore. READ MORE